Philippines

Ex-PBA Import Renaldo Balkman Launches PH-inspired NFT Series

Share some Bitpinas love:By Nath CajudayFormer Philippine Basketball Association (PBA) import Renaldo Balkman introduced earlier this month his own Balkmania Worldwide NFT Collection, a series of non-fungible token (NFT) that includes Philippine-inspired items – his gaming experience in the Philippines.Balkman, who played in National Basketball Association (NBA) for six years under Denver Nuggets and New York Knicks, released 46 NFTs for sale, 11 of which are Philippine-inspired, all of which were made by digital designer Steve Cupart, and are currently available on selling on NFT marketplaces SolSea and OpenSea.The most

IOV Labs Prepares to Aid Cryptocurrency Adoption in Asia

Share some Bitpinas love:By Shiela BertilloIOV Labs, a Bitcoin merge-mined smart contracts platform, is arranging the adoption of cryptocurrency worldwide, starting from the emerging markets in Asia such as Vietnam and the Philippines. Through IOV Labs’ RSK, a bitcoin sidechain notable for how it has revamped the way users swap bitcoin for RBTC, and its new Powpeg system user transaction would be easier as the proof of transaction is automatically generated and vetted by a special hardware security module. And once these modules receive the proof, they distribute the RBTC to

Axie Infinity Maker Reminds Players to Pay Taxes

Axie Infinity, the gigantically popular play-to-earn game in the style of Pokemon, is helping gamers supplement their incomes and even make a living. Now the maker of the game and regulators are reminding users internet money will not free them from the tax man.  That seems to be the message behind a tweet from Sky Mavis, the company that makes the Axie universe, in which it wrote, “Sky Mavis encourages Axie community members to abide by the laws of their home countries.”The comment was posted shortly after a report in the

Mitsubishi Power Introduces Global Network of “TOMONI HUBs” with Artificial Intelligence to Protect Power Generation and Energy Storage Assets

YOKOHAMA, Japan, Aug 3, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, is introducing a global network of TOMONI HUBs that use artificial intelligence to provide real-time, cyber-secure interactive support of plant operation and maintenance (O&M) decision making. TOMONI HUBs include connected software, hardware and services that provide pre-warning of impending issues or needed corrective action to avoid unit trips or load reductions, eliminate energy efficiency losses, and avoid unnecessary maintenance.The global network includes TOMONI HUBs in Takasago and Nagasaki, Japan; Orlando, Florida,

Bitcoin Black Friday 2020 Will Host Major Discounts For BTC Payments

Before Bitcoin was a movement, it was a digital currency. While the store-of-value aspect of Bitcoin gets highlighted often, the permissionless payments side often doesn’t receive the attention it deserves. In 2012, Jon Holmquist embraced the Black Friday holiday in order to help Bitcoiners showcase the advantages of their favorite technology, launching BitcoinBlackFriday.com and hacking a mainstream cultural moment into a tool for Bitcoin adoption. In years past, thousands of merchants have participated in Bitcoin Black Friday, offering special discounts for those willing to pay in BTC. P2P marketplaces have

Adult Entertainment Supported by Crypto Shoppers During Quarantine

While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase in purchases from adult stores in March over activity in February. Sites like ManyVids and LiveJasmin had 17% and 8% increases in cart sizes, respectively. Other adult stores reported a 36% increase in turnover. Most of these merchants are based in Europe, where measures are in place to limit people from leaving their homes and many

Celo to Issue at Least $15.7 Mln in Community Grants During 2020

Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16 startups looking to build on the Celo network. Cointelegraph spoke to Xochitl Cazador, the head of ecosystem growth at cLabs — the company behind Celo — to discuss what they look for from grant applicants, and Celo’s plans for 2020.Celo provides grant funding to 16 startupsCazador states that the most important criteria applicants are assessed on is whether they “support Celo’s mission of building an open financial system that creates conditions