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News and Events

Bad News Day for Bitcoin: It's Destroying the World and Bank Accounts

You won't believe how much energy it takes to get just $1's worth

Even though cryptocurrencies technically have no physical presence, they really do a make a impact on the environment -- and even could affect the amount of money people have in their accounts.From January 2016 to June 2018, the Oak Ridge Institute for ...

by Nina Zipkin  | November 08, 2018 08:00:00
News and Events

Bitcoin is 10 Years Old Today. Is it Time to Buy the Virtual Currency?

Here's how the first cryptocurrency has fared in the past decade

On October 31, 2008, an unknown author who went by the name of Satoshi Nakamoto published a short essay online with the title Bitcoin: A Peer-To-Peer Electronic Cash System.The nine-page, 12-part document opens with a summary of what was being proposed: “A ...

by Lorenzo Kyle Subido  | October 31, 2018 06:00:00
Business Ideas

How a Bitcoin Pioneer in PH Survived the Vagaries of the Cryptocurrency Market

Meet the founders of one of the first blockchain technology companies in the Philippines

When John Bailon first heard about Bitcoin, he thought it was a scam.“When I downloaded the software, I ran it, [and] it crashed on my computer,” he told Entrepreneur Philippines during an interview last April.  “I said, this must be a scam. That was maybe ...

by Lorenzo Kyle Subido  | October 15, 2018 09:00:00
Startup Tips

7 Reasons Experts Say It's Not Too Late to Invest in Cryptocurrency

Despite industry volatility, insiders say smart investors should embrace crypto

While it hasn't bounced back to its $20,000 value from a year ago, Bitcoin saw a jump of 4 percent to $6,623 based on the news that asset-management BlackRock has set up a working group to look into cryptocurrencies and blockchain, according to CNBC.Several other massive investment institutions have made similar ...

by Entrepreneur US Staff  | July 20, 2018 06:00:00
Run & Grow

Basic Blockchain Lingo You Need to Know

Do the terms 'proof-of-stake,' litecoin' and 'mining' mean anything to you? If not, keep reading

With all the buzz lately around blockchain technology, it can be tough to keep up. Given how fast this industry is growing, new terms are being introduced on a regular basis, and if you have wanted to learn more about crypto, the ...

by AJ Agrawal  | July 11, 2018 02:00:00
News and Events

Buying or Selling Bitcoins? BSP Approves 2 More Virtual Currency Exchanges

The banking regulator has registered a total of five crypto-exchanges since late 2017

The Bangko Sentral ng Pilipinas (BSP) has approved two more companies to operate as virtual currency exchanges (VCEs), or firms that convert Philippine pesos into cryptocurrencies such as Bitcoin and Ethereum, and vice versa.BSP Deputy Governor Chuchi Fonacier has said that the ...

by Lorenzo Kyle Subido  | July 09, 2018 04:00:00
News and Events

One of World's Richest Cryptocurrency Investors to Speak at the Beach Blockchain Conference in Cebu

The country’s first conference focused solely on blockchain is happening May 10-11 in Cebu

Local technology firm Appsolutely is hosting a two-day event focusing on the current pace of developments in blockchain, as well as a look at its future prospects. Called the Beach Blockchain Conference, it will be held on May 10 and 11 at ...

by Lorenzo Kyle Subido  | May 03, 2018 03:00:00
News and Events

‘Cloud Mining’ Investment Platforms Promise Hefty Returns But SEC Warns Some May be Scams

The securities regulator says these are unregistered investments that expose investors to fraud risks

The Securities and Exchange Commission (SEC) warned the public against investing in cloud mining schemes in an advisory released on Monday, April 10. The commission said any transaction related to cloud mining should be duly registered with the agency, and companies engaging ...

by Pauline Macaraeg  | April 16, 2018 09:00:00
News and Events

(Infographic) How to Protect Your Cryptocurrency Holdings

If you're planning to invest in the volatile and risky market, be smart about it

As of August 2017, more than $225 million worth of cryptocurrency was stolen, according to research compiled by CryptoGo, a cryptocurrency exchange. In 2013, the total amount of stolen Bitcoin was valued at $3 million, and in 2016 this number reached a whopping $95 ...

by Rose Leadem  | March 27, 2018 06:00:00
News and Events

Meet the Fintech Startups Ushering in Cryptocurrency and Blockchain Technology in PH

These are the pioneering entrepreneurs leading the country into the new world of virtual currencies

“It is 1995 and Web 1.0 all over again.”This was the description of Nico Jose “Nix” Nolledo, the chairman and CEO of listed consumer tech company Xurpas, when talking about the current state of cryptocurrencies and blockchain. The new technology has quickly ...

by Lorenzo Kyle Subido  | March 21, 2018 10:00:00
News and Events

3 Truths and Myths About Cryptocurrency in PH, According to BSP Governor Espenilla

The country’s chief monetary official clears up some misconceptions about digital money

The Bangko Sentral ng Pilipinas (BSP)’s policy stance towards cryptocurrencies in the Philippines has evolved alongside the spread and widening use of virtual money for transfers, payments and investment.Referring to digital, decentralized and unregulated currencies such as Bitcoin and Ethereum, cryptocurrencies are ...

by Lorenzo Kyle Subido  | March 15, 2018 09:00:00
News and Events

Enderun's Fintech & Blockchain Summit: When Disruptors, Incumbents and Regulators Meet

The March 21-22 meeting aims to examine digital transformation of finance in the Philippines

Enderun Colleges, the Philippines’ leading hospitality management school, is holding a Fintech & Blockchain Innovation Summit on March 21-22, 2018 at SMX Convention Center, SM Aura Premier in partnership with Global Chamber Manila, a global business networking group.Colin Christie, dean for digital ...

by Entrepreneur Staff  | March 03, 2018 10:00:00
Startup Tips

Everything You Need to Know About Initial Coin Offerings and How It's Different From Traditional Crowdfunding

Innovations in blockchain are creating new versions of familiar models for raising funds

The term ICO (Initial Coin Offering) is everywhere these days. It’s nearly impossible to read anything about blockchain and cryptocurrencies and not come across it. Insane fundraising events like Tezos’ US $232 million token sale or Filecoin’s US $257 million have popularized ...

by Scott Richter  | March 02, 2018 12:00:00