BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) to ever reach $70 billion in assets under management (AUM). The fund, which launched in January 2024, hit this milestone in just 341 trading days—five times faster than the previous record-holder, the SPDR Gold Shares ETF (GLD), which took 1,691 days to reach
Rudy Kadoch, the CEO and founder of the web3 platform Mass, defended the company’s decision to temporarily block users from five countries, including the Philippines, from completing know-your-customer (KYC) verification, which is part of its incentive program. He doubled down on earlier comments referring to airdrop exploiters as “vampires of web3,” citing internal data as
Main Takeaways:- Whale Alert shared that 53 million XRP, worth $118 million, was sent to Coinbase. This made people worry that many might sell their XRP. If XRP falls below $2, its price might go down to $1.74. But if it rises above $2.26, it could go up by 22%. Are Whales Selling Off Their
According to a report from CNBC, the Taihuttu clan—better known as the ‘Bitcoin Family’—has revamped its security setup in light of a rising wave of crypto-related abductions across the globe. No More Hardware Wallets: Taihuttu Family Takes Cold Storage to Extremes Didi Taihuttu told CNBC’s MacKenzie Sigalos that his family has abandoned hardware wallets in
The 2025 edition of the Bitcoin FilmFest concluded in Warsaw last week. Here’s a recap of the event. The third annual Bitcoin FilmFest (aka BFF25) proved once again that sovereign minds and decentralized culture thrive together. For four electrifying days in Poland’s capital, the festival’s rallying call—’Fix the money, fix the culture‘—wasn’t just a slogan
In a recently circulating screenshot from a Discord server of a web3 project, Mass, also known as Massdotmoney, it shows that the Philippines is among five countries banned from the platform and was referred to as “vampires” of web3. BitPinas reached out to Mass Founder and Chief Executive Officer (CEO) Rudy Kadoch, who explained the
Bybit has received a MiCAR license from Austria’s FMA, allowing it to operate legally across the EEA. The exchange has also opened its European HQ in Vienna, signaling major investment and hiring plans. Bybit Gains Regulatory Green Light and Establishes European HQ in Vienna Bybit has achieved a key regulatory milestone with the approval of
The U.S. Treasury, the agency responsible for managing U.S. financial policy and issuing federal debt, has sanctioned a Philippine-based technology firm accused of providing infrastructure for cryptocurrency scams known as “pig butchering,” which have cost U.S. victims at least $200 million. Sanctions on Philippine Firm Funnull Technology Inc., based in the Philippines, was sanctioned by
India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India,
Amid ongoing discussions about the current bull cycle in cryptocurrency markets, seasoned trader Steve “IceSteam” Jimenez emphasized that altcoin season, or better known as the altseason, is “very much alive,” though it may not resemble the mainstream surges of past cycles. Jimenez, who is the co-founder of Innovative Movement of the Philippine Association of Crypto