Ferrari, the renowned luxury sports car company, is planning to introduce cryptocurrency payment methods to its European dealerships in the upcoming month, after successfully launching it in the United States.

Yield Guild Games (YGG) Philippines concluded their YGG Pilipinas Roadtrip with a highly successful event at Ayala Malls TriNoma in Quezon City on July 14, 2024. This final stop of the nationwide initiative turned Trinoma into a lively web3 gaming exposition, drawing in a crowd of more than 2,900 people and bringing the total number of Filipinos reached by the Roadtrip to almost 7,000.

In the heart of Iloilo City, the Goldberry Lite Hotel became the epicenter of blockchain innovation on July 6, 2024. The city's first-ever Solana Ecosystem Call IRL Watch Party & Workshop drew a crowd of enthusiasts, learners, and industry experts, marking a significant milestone in the local Web3 scene.

CLAPART has announced a strategic partnership with PoolzFinance. This collaboration aims to leverage blockchain technology and artificial intelligence to democratize the art world, offering opportunities for artists and fans alike.

Bitget, a leading crypto exchange and Web3 company, has claimed the top spot among centralized exchange (CEX) apps in the Philippines based on download figures. Recent data from Sensor Tower, a prominent market intelligence provider, reveals Bitget's remarkable growth and strengthened position in the competitive Southeast Asian crypto market.

The Department of Science and Technology - Advanced Science and Technology Institute (DOST-ASTI) and Superteam Philippines are set to formalize an innovative partnership to boost blockchain technology and Web3 initiatives across the Philippines.

ISLA Camp (ICP HUB Philippines) has kicked off the fourth edition of the iThink Hackathon, offering ₱225,000 in prizes to Web3 developers to foster social advancement through blockchain technology.

Coins.ph, the leading crypto exchange in the Philippines, has unveiled a refreshed user interface for its app. The update introduces a more sophisticated design, easier navigation, and a better overall user experience.

Bitget, a leading cryptocurrency exchange and Web3 company, has achieved a significant milestone as its native token, Bitget Token (BGB), secures a spot in Forbes' top 10 best-performing cryptocurrencies of 2024. This recognition comes amidst BGB's impressive growth trajectory, positioning it alongside popular tokens such as Toncoin (TON), Pepe (PEPE), and Dogwifhat (WIF).

The blockchain community in the Philippines saw a significant gathering on June 29, 2024, as Iloilo City hosted a well-attended Shardeum Community Meet-Up. The event, which took place at the Goldberry Lite Hotel, drew an impressive 26 attendees from 30 registrations, highlighting the growing interest in Web3 and decentralized technologies in the region.

The Open Network (TON) is set to make waves in the blockchain community with its upcoming flagship event, The Open Summit 2024. Scheduled for August 6-8, 2024, in Taipei, this gathering is poised to be the largest TON-focused event of the summer.

The Taipei Nangang Exhibition Center will host ABS2024 from August 6-8, a significant technology summit powered by BlockTempo. The summit will delve into Blockchain, AI, and the Future of Governance, featuring major conferences like Web3 Game Con, The Open Summit, and the Plurality Summit. Participants will engage in important discussions on decentralized society, digital democracy, and the future of distributed power.

Rod Stephen Codilla, also known as Prof Loki, the founder of ProfLokiCrypto Trading Group, will be publishing technical analysis on the state of the crypto market on Bitdigest.

In a bold move to bolster the TON (The Open Network) ecosystem, Bitget, a leading cryptocurrency exchange and Web3 company, has announced two major initiatives: the launch of a $20 million TON Ecosystem Fund in partnership with Foresight Ventures, and the introduction of the industry's first MPC (Multi-Party Computation) Wallet Solution supporting the TON Mainnet.

Renowned actor Joseph Gordon-Levitt, famous for "500 Days of Summer" and "Inception," is set to visit Taiwan in August to participate as a speaker at the 2024 Asia Blockchain Summit (ABS 2024).

On July 5, 2024, Baykada, the Filipino community of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders, partnered with global crypto powerhouse Bitget to have a successful community meet-up in Manila.

Coins.ph, one of the leading cryptocurrency exchange in the Philippines with over 18 million users, has unveiled its Philippine Peso (PHP) stablecoin, PHPC, on Ronin, the largest gaming blockchain by daily active users.

In just over 3 months, Hamster Kombat, a game on Telegram that allows players to earn money, has attracted 239 million users.

The Open Summit, the largest TON summit of the summer, is anticipated to be a significant event for the global TON community. Supported by TONX and the global TON community, the summit will be held from August 6-8, 2024 at the Taipei Nangang Exhibition Center TaiNEX2, as a part of ABS2024. As the leading partner of TON, TONX plays a crucial role in helping developers scale applications for the future using Telegram and TON.

Justin Sun, the creator of Tron, has suggested buying the remaining $2.3 billion worth of Bitcoin that was confiscated by the German government. This proposal comes after Germany made several large transfers of Bitcoin to exchanges in an attempt to sell off the digital currency, resulting in a considerable drop in the market.

The Gainers Ground: Kick Off Party, held on June 27, 2024, at Jollibee 39th Street Corner, Triangle Drive in Taguig City, turned out to be an incredible success. The event was marked by a vibrant atmosphere, engaging activities, and an enthusiastic turnout.

Vitalik Buterin, co-founder of Ethereum, has expressed strong criticism of the current cryptocurrency regulations in the United States. Buterin argues that labeling utility tokens as securities hampers innovation and promotes the rise of projects with unclear objectives. He asserts that this approach unfairly penalizes developers who provide clear value propositions and uphold user rights, a view shared by many in the crypto community.

Tether has joined forces with Web3 shopping and infrastructure company Uquid to allow people in the Philippines to use USDT on the TON blockchain for making SSS contributions. This collaboration marks a significant step towards incorporating cryptocurrency in regular financial activities, including government and social services payments.

The much-awaited Davao Traders Fair 2024 is scheduled to happen on October 26, 2024, at the dusitD2 Davao Hotel in the Philippines. It is not just a mere gathering, but an opportunity for finance enthusiasts to acquire valuable knowledge, establish significant networks, and rejoice in their common interest in the field of finance and FinTech.

The Ethereum community is eagerly anticipating the upcoming "Road to Devcon Philippines goes to Cebu" event, organized by ETH63. Scheduled to take place in Cebu City on July 6, 2024, at the prestigious venue, Enspace Cebu, this event promises a day filled with insightful workshops and discussions.

The Solana Foundation has recently introduced a set of new tools that are specifically designed to make cryptocurrency transactions on the internet more straightforward. These tools, called "Actions" and "Blinks", have the goal of seamlessly incorporating blockchain transactions into the regular use of the internet.

The Devcon Scholars Program is being brought back by the Ethereum Foundation for Devcon Southeast Asia (SEA). The main goal of this program is to unite a diverse range of builders from different backgrounds and fields. This effort not only offers scholarships, but also aims to create a community centered on collaborative learning and creation, effectively linking Ethereum with other industries.

The launch of Blast, a layer-2 blockchain, has officially started as announced on their X account.

The UBIT Blockchain Ecosystem Hackathon 2024, organized by Coinstore Labs, is all set to kick off on June 22 and conclude on July 12, marking a 21-day journey aimed at propelling the crypto industry forward. With an impressive prize pool of 200,000 USDT.

Galaxy Digital's Head of Research, Alex Thorn, suggests that the anticipated distribution of more than 140,000 BTC from the defunct Mt. Gox exchange may not have severe impact on the market as initially anticipated.

Iggy Azalea, the global music icon, has shown her enthusiasm for the local crypto exchange Coins.ph by endorsing its listing of her memecoin $MOTHER (Mother Iggy). The endorsement was conveyed through a retweet from Azalea's official X account, reflecting her excitement about the new listing.

Mark Cuban, the billionaire businessman and owner of Dallas Mavericks, was targeted by a phishing scheme that resulted in the breach of his Gmail account. This recent occurrence occurred after he was previously defrauded of $870,000 in a cryptocurrency attack, prompting concerns about the vulnerability of even the most knowledgeable individuals in technology.

Hamster Kombat is a rapidly trending, Telegram-based cryptocurrency game that has captivated players worldwide. In this innovative game, participants take on the role of managers of a virtual cryptocurrency exchange, mining $HMSTR coins through engaging and interactive gameplay. The game's popularity has surged due to its unique and addictive tap-to-earn mechanics, which allow players to earn rewards by simply tapping on their screens.

Bitget, the top cryptocurrency exchange and Web3 company, announced that it will be expanding its collaboration with Ethena, a synthetic dollar platform on the Ethereum blockchain. This partnership aims to introduce the synthetic USDe currency into Bitget's services, including Bitget Savings and Coin-Margined (Coin-M) Contracts.

The Sandbox Announces Acquisition of Major Memecoins Including DOGE, PEPE, and SHIB

Mark your calendars for June 27, 2024, as Gainers Ground hosts the “Gainers Ground: Kick Off Party” at Jollibee 39th Street Corner, Triangle Dr, Taguig City. From 6:00 PM to 9:00 PM, attendees will immerse themselves in an evening dedicated to pioneering advancements and the limitless potential of the Web3 industry.

Eric Balchunas, who is a senior analyst for ETF at Bloomberg revealed that Ethereum ETFs have the potential to be approved by July 2nd.

Charles Hoskinson, the founder of Cardano (ADA), recently hinted at a potential partnership with Tesla CEO Elon Musk, sparking enthusiasm and speculation within the crypto community about the potential effects on Cardano's value and adoption.

Circle is set to roll out support for the Solana blockchain within its Web3 services, enabling features such as programmable wallets and gas stations.

Introducing the first official gaming-focused hyperchain within the zkSync ecosystem - zkCandy is dedicated to empower gamers with true ownership of their in-game assets and to provide developers with innovative, low-cost, and scalable solutions.

Galaxy Digital just tokenized a centuries-old violin that once belonged to a Russian empress. Plus, get to know 7 of the most expensive assets sold as NFTs.

Polygon has launched a $720 million Community Treasury to ensure long-term support for blockchain projects over the next decade. The initiative promises to aid developers within the Polygon and Ethereum ecosystems.

Cardano (ADA) is about to undergo a major change, according to its founder Charles Hoskinson. He stated that the platform is fully prepared for the upcoming Chang fork, which he believes to be a significant turning point in history and will mark the beginning of the "Age of Voltaire."

Monica Long, President of Ripple, has reiterated her support for an XRP exchange-traded fund (ETF). She emphasized that only XRP and Bitcoin have received regulatory clarity in the United States. Given that XRP is among the top 10 cryptocurrencies by market capitalization and ranks in the top 5 for daily trading volume, she believes it is a logical choice for an ETF.

On June 24th, 'The Co-Worker Game' will be released, giving players the chance to simulate working in IKEA's virtual world. Enthusiasts will have the opportunity to fulfill their interior decorating aspirations and earn money while doing so, as there are only a limited number of paid positions available. The application process for these paid roles in 'The Co-Worker Game' is now open and will close on Sunday, June 16th.

Mark your calendars for an engaging networking event in Cebu City, as the Solana Ecosystem Call IRL takes place on June 8, 2024 at White Heart Lane, Banawa, Cebu. This event is tailored for individuals immersed or interested in the blockchain and Solana ecosystem, featuring detailed breakout sessions on cryptocurrency, NFTs, and blockchain careers.

DWF Labs, a firm that specializes in digital asset market making and Web3 investments, has revealed a notable investment in FLOKI token. The investment firm intends to acquire FLOKI tokens worth $12 million from the project's treasury and the open market. This significant financial backing aims to solidify FLOKI's standing in the market and bolster its expanding ecosystem.

Dapper Labs and a group of investors have come to a potential settlement agreement after the investors sued the NFT company and its co-founder and CEO, Roham Gharegozlou, on accusations of violating federal securities laws.

BitDigest, the leading media outlet for cutting-edge news, insights, and case studies on Web3, has announced a strategic partnership with Web3 Bacolod, a vibrant community of builders, educators, startups, developers, traders, gamers, artists, and enthusiasts in Bacolod City and the Negros Occidental province.

The Department of Information and Communications Technology (DICT) recently launched a blockchain called eGOVchain. The main goal of this initiative is to improve the transparency, security, and efficiency of public transactions.

The Katropa Community Meet-up, organized by KRR Group in collaboration with Pixelverse, achieved great success with 180 attendees registering and an estimated 30-50 walk-ins at IDarts PH in BGC Taguig on May 30, 2024.

Bitget introduces the "Post to Earn" program, a novel initiative rewarding users for boosting exposure to new listing projects. By sharing insights, project analysis, and event tutorials on the latest listings, participants can earn valuable airdrop rewards.

Save the date for the much-awaited Davao Traders Fair, organized by FINEXPO, happening on October 26, 2024, at the Dusit Thani, Davao Hotel. This event ensures a day of financial enlightenment, providing traders, investors, and finance enthusiasts with a special opportunity to acquire valuable insights and expand their financial awareness.

Bitget Launchpad, being a top token launch platform, disclosed its plans to release the BWB token on its Launchpad. The sale of this token will occur from June 1st to June 6th and it will be available for trading on the Bitget spot market at 8:00 PM (GMT+8) on June 6th, 2024.

Bitskwela is thrilled to announce a strategic partnership with the Aptos Foundation, the team dedicated to cultivating the Aptos ecosystem. With support from the Aptos Foundation, the Bitskwela team will help educate Filipino users about the different applications of the Aptos ecosystem. 

The value of bitcoin dipped below $68,000 after a substantial transaction from a Mt. Gox offline wallet. Data from Arkham Intelligence revealed that Mt. Gox moved over $9.6 billion worth of bitcoin from its cold wallets for the first time in five years on Tuesday.

Bitget has recently appointed Gracy Chen as its new Chief Executive Officer (CEO), effective in May 2024.

The Philippines Traders Fair, organized by FINEXPO, concluded a successful event at the esteemed Edsa Shangri-La, Manila on May 25, 2024, leaving attendees inspired and motivated for the year ahead.

Playermon, the virtual universe where players interact with space companions called Playermons, has achieved a more stable in-game economy by burning a substantial portion of its SGEM tokens. With the current supply reduced to 3,960,981 SGEM from 19,454,142, the game's economy is expected to benefit from enhanced value and stability.

On May 20, Gala Games experienced a security breach resulting in the unauthorized minting and removal of 5 billion GALA tokens, valued at approximately $240 million. The company took immediate action to secure the GALA smart contract within 45 minutes.

BitDigest, the premier media outlet for cutting-edge news, insights, and case studies about Web3, has partnered with Web3 Iloilo, one of the largest Web3 communities in the Philippines, encompassing 16 Visayan provinces. Together, they aim to spearhead the advancement of Web3 advocacies, thereby creating more opportunities for Filipinos across the Visayan region.

Billy Markus, who is also known as Shibetoshi Nakamoto and co-created Dogecoin, shared his thoughts on the sudden price surge, expressing a positive long-term outlook for Ethereum. Markus shared his belief in a post on X that ETH could potentially reach a value of $100,000, reflecting the general optimism among crypto investors.

According to a tweet by Leon Waidmann, Ethereum, the second-largest digital currency, has exceeded the market capitalization of payments giant Mastercard, with values of $440 billion and $427 billion respectively.

AIBC-Asia intersects the three vital industries, blockchain, AI, and gaming to weave new innovations in the Philippines.

Bitget's Pizza Palooza successfully celebrated BTC Pizza Day on May 19 at Pizzulu Rockwell, Estrella Makati.

The US Senate has recently voted on a bipartisan resolution to overturn the Securities and Exchange Commission's (SEC) SAB 121, a staff accounting bulletin that limits banks from offering digital asset custody services.

On May 16, X user STACCoverflow announces a hack on memecoin dApp Pumpfun which compromised up to 12,300 Solana worth up to $2 million. The hacker, a previous employee of Pumpfun.

Bitskwela has partnered with INIT Capital with the goal of educating communities on DeFi concepts.

In a move to amplify their reach and impact within the Web3 space, BitDigest and Web3 San Carlos have partnered to amplify their impact in the Web3 space. This collaboration aims to deepen community connections, facilitate knowledge exchange, and enhance visibility as thought leaders in Web3.

To navigate recent crypto happenings, here are recent news on government entities playing a pivotal role in the cryptocurrency space.

Mark Cuban, the billionaire businessperson and proprietor of the Dallas Mavericks basketball team, has recently accused the Securities and Exchange Commission (SEC) Chairman Gary Gensler of attempting to impede the growth of the cryptocurrency sector.

Get ready for a day that's more than just numbers and tickers. On May 25, 2024, the Edsa Shangri-La Hotel will play host to the Philippines Traders Fair, a celebration of ambition, shared knowledge, and genuine connections in the world of finance and FinTech.

Manila, Philippines — Get ready for a day that's more than just numbers and tickers. On May 25, 2024, the Edsa Shangri-La Hotel will play host to the Philippines Traders Fair, a celebration of ambition, shared knowledge, and genuine connections in the world of finance and FinTech.

In a groundbreaking collaboration, Colon Street Bets, a Cebu-based Crypto Community, and BitDigest, a premier media publication for Web3 news, insights, and case studies, are teaming up to revolutionize the crypto ecosystem in the Philippines.

Catch a rundown of the latest scandals, issues, trends, and developments in South Korea's crypto scene.

VanEck, a firm specializing in investment asset management, has introduced a Meme Coin Index for six cryptocurrencies on its Marketvector platform. This move is seen as a response to the increasing demand for meme coins in the market.

Coins.ph, the Philippines' premier cryptocurrency exchange, made a groundbreaking announcement on May 7, 2024, revealing its approval from the Bangko Sentral ng Pilipinas (BSP) to introduce PHPC, a stablecoin. This development signifies a major advancement in the nation's digital asset and fintech sector, as PHPC is set to become the inaugural Philippine stablecoin accessible for retail customers, enabling them to engage in trading and utilize it for diverse transactions.

An X event reveals the progress of Internet Computer Protocol after a glocal event with 12 different countries through ICP HUBS NETWORK

The recent withdrawal of the Ethereum futures ETF application by Grayscale, a well-known digital assets fund manager, has sparked various theories and discussions within the cryptocurrency community.

In 2021, Pouch.ph launched with the aim of revolutionizing Boracay, also known as "The Bitcoin Island," by facilitating over 400 small businesses in accepting and managing Bitcoin payments through their mobile app.

According to a report from blockchain security company Cyvers Alert, an unidentified individual in the cryptocurrency trading industry suffered a loss of 1,155 Wrapped Bitcoin (WBTC) valued at $70.5 million due to an attack known as address poisoning.

On May 4, 2024, Enspace in Cebu Business Park was abuzz with the activation of Web3 in Cebu. The event featured insightful talks by prominent figures in the Web3 space, shedding light on the opportunities and strategies for building a successful Web3 career.

Today, the Bitcoin network has reached a major milestone as it successfully processed its one billionth transaction, signifying a significant moment in the cryptocurrency's approximately 15-year journey.

Catch the latest updates for KTX. Finance!

Frequency empowers the creator economy by giving content creators more control over their entire online social presence.

Anatoly Aksakov, the head of the State Duma Committee on the Financial Market in Russia, has announced a complete prohibition on the widespread use of cryptocurrency assets. The goal of this decision is to strengthen the dominance of the Ruble currency and regulate the crypto industry.

Playermon, a NFT game has recently announced its inclination to support Polygon’s newly-launched Amoy Testnet, igniting a shift in its technological infrastructure.

The US Department of Homeland Security (DHS) revealed on April 26 the establishment of the AI Safety and Security Board, comprising 22 members, including executives from tech firms and specialists in the field.

On April 24, Changpeng 'CZ' Zhao, the co-founder and former CEO of Binance, presented a written apology to the court.

Coins.ph, the leading cryptocurrency exchange in the Philippines, has partnered with XD Academy, a global pioneer in web3 and cryptocurrency education, to bring a comprehensive Bitcoin course to Filipinos. This collaboration aims to elevate the standard of crypto education in the country and provide wider access to innovative web3 learning tools.

The world's largest cryptocurrency exchange, Binance, announced that it has received a full virtual-asset services provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA).

United States Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act, a bill that aims to establish a regulatory framework for payment stablecoins.

$3.5 million worth of Ethena shards and $100,000 in prizes were up for grabs during the highly anticipated Mantle Sharding and KTX Omnichain trading events, respectively.

Hong Kong plans to launch spot bitcoin ETFs this month, with initial approvals anticipated next week. This move positions Hong Kong as an Asian frontrunner, exceeding industry expectations for ETF launches.

Tether Operations Limited Inc. and Coins.ph have forged a partnership to advance financial literacy in the Philippines, with a primary focus on blockchain technology, bitcoin, and stablecoins.

With a shared commitment to empowering communities through education on decentralized finance and yield opportunities, Bitskwela has partnered with Pendle to simplify DeFi education and make it more accessible for all.

In a groundbreaking announcement on April 10th, the United States and Japan unveiled a significant political agreement, highlighted by a pivotal Microsoft partnership with a keen focus on artificial intelligence (AI).

On a decisive Wednesday declaration, Uniswap's CEO, Hayden Adams, revealed the exchange's unwavering commitment to directly address regulatory obstacles, as outlined in his recent post on X.

EigenLayer, the highly-anticipated Ethereum restaking protocol, made its mainnet debut on Tuesday, April 4th — Alongside this launch, EigenLayer's data availability solution, EigenDA, transitioned into an actively validated service (AVS) integrated within EigenLayer.

Bitskwela and Crypto Pinas have joined forces in an effort to educate users about Web3 technologies in the Philippines.