Crypto PH Weekly Roundup - Feb. 19 - 25, 2024
Filipinos have already made their choices when it comes to Feb. 29 about Binance.
This weekend, we were invited to the Ethereum community's ETH63 meetup at the GCash office and caught up with the latest developments. Amid discussions about Ethereum, the conversation seemed to focus on February 29. What's going to happen? It's the anticipated final date when access to Binance will be blocked.
Leading up to this critical week, there was, of course, a lot of buzz. I've heard that people have already made their decisions.
Some have transferred their funds out in preparation for the potential ban. If the ban occurs, their funds are safe. If it doesn't happen, their funds remain secure.
Others are choosing not to move their funds, banking on the possibility of an extension or at least some guidance from the Binance team on what steps to take.
A case in point is when Americans lost access to Binance.com to transition to Binance.US:
During the transition to Binance.US, Binance informed their American customers about the changes and restrictions that would be placed on U.S. users on Binance.com. The company announced it would gradually phase out access for U.S. customers to buy and trade cryptocurrencies on its main platform due to regulatory reasons. As part of this process, Binance encouraged U.S. users to withdraw their funds and transition to Binance.US, the platform specifically tailored for the United States market, which complies with U.S. regulatory standards.
We are most likely going to hear more about this in the coming days, up until Thursday.
Check out our earlier article: How to prepare for Binance ban in the Philippines.
CryptoPH Community Updates
Coins.ph lists PIXEL Token after Binance listing.
GCrypto adds Dogecoin.
Coinex at PUP San Juan Career Expo.
Bitget unveils Blockchain4Youth campaign at campus roadshow.
Gala Games community meetup at the Coins.ph HQ.
Ethereum ETH63 Meetup at the GCash office.
Polkadot meetup.
Select BitPinas Articles
Sayang pagod: Pinoys grind for airdrops but ended up ineligible.
Filipinos and global users expressed disappointment over their ineligible status for Starknet rewards, despite investing time and funds.
Web3 Interview Series: Bitcoin Cash Adotion by Paytaca in Tacloban
Learn about the recent involvement of Bitcoin Cash-focused firm Paytaca at St. Paul’s School of Professional Studies’ BizRed Days.
Watch: Webcast with NFTXSTREET, Coins.ph, Ethereum Community, and Crypto Art PH
Last week, we interviewed the following persons during our weekly recap.
JB Bon of NFTXSTREET and Jen Bilango of Coins.ph to discuss PIXELS.
Paulo Dioquino of Pendle Finance to discuss the Starknet Airdrop.
Jopet Arias to discuss Art Fair Philippines.
Upcoming Webcast
Tune in to the BitPinas webcast this Feb. 27, 8pm as we recap the crypto news of the week:
1. Solana's search volume surges in the Philippines.
2. Bitcoin Cash adoption in Tacloban.
3. Local exchange PDAX continues listing spree, from RON to HBAR.
With weekly crypto news recap from BitPinas writer Shiela Bertillo and Trivia Q and A with Lance Domagas.
Supported by Bitshares Labs.
Upcoming Events This Week
Enter the Arena: Colosseum Hackathon 2024 | Superteam Philippines (Feb. 29)
Regularly check the BitPinas Facebook page for the update!
Thanks for reading!
P.S.
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If you have local CryptoPH News or updates to share, please send a message to michael@bitpinas.com!
-Michael Mislos