Philippine Science High School Unveils Blockchain-Based Records System | Key Points | Sept. 12, 2024
GM. Welcome back toย BitPinas Key Points: easily digestible news in concise formats for easy reading. In today’s daily recap, Philippine Science High School is in the news for its blockchain project!
Here are the latest crypto news stories in the last 24 hours.
Table of Contents
Market Analysis and Updates ๐
Here are the crypto highlights of the day:
Crypto Price Update
- Bitcoin (BTC): $58,291.26, up 2.7% over the last 24 hours.
- Ethereum (ETH):ย $2,379.10, up 1.3% over the last 24 hours.
- Solana (SOL): $135.94, up 1.5% vs the previous day.
Trending Coins Update
- Sui: $1.01, up 13.7% vs the previous day.
- Toncoin: $5.40, up 0.2% over the last 24 hours.
- Fideum: $0.0050, up 31.9% vs the previous day.
For the daily price update, check out our post on Facebook.
๐ฎ9 Days To Go: Blockchain Game Alliance Survey
๐ The Blockchain Game Alliance (BGA) has launched its 2024 State of the Industry Survey! Your insights can shape the future of web3 gaming: https://bit.ly/bgasurvey24
Feature News: Philippine Science High School Launches Blockchain-Based Student Records System
Philippine Science High School (PSHS) has introduced Pisay-DigiCert, a blockchain-powered system designed to streamline the management and sharing of student credentials, ABS-CBN has reported.
Key details:
- Pisay-DigiCert ensures a secure, tamper-proof method for handling student records, allowing easy access for institutions and employers.
- The platform centralizes requests for academic documents, eliminating the need for physical visits and reducing reliance on traditional storage.
- Universities and organizations can verify records directly through DigiCertโs authentication system.
Whatโs next: The system is expected to be deployed by late 2024 or early 2025, with PSHS aiming to set a precedent for other educational institutions and government agencies to adopt blockchain-based solutions.
Read more: Twelve-year-old Filipino Develops NFT-based Voting Platform
Philippine Crypto News ๐ต๐ญ
- Bitget launched a PH Exclusive campaignโ Leaderboard Engagement Challenge.
- Gabby Dizon, YGG co-founder, was announced to be one of the speakers for the Web3 Transitions Summit in Singapore.
- Yield Guild Games shared the rewards announcement for the Guild Advancement Program (GAP) Season 6.
Noteworthy ๐
Key updates and announcements from around the crypto and blockchain world:
- During the Trump-Harris debate, neither candidate mentioned Bitcoin or crypto, despite $14 million in debate-related bets on Polymarket.
- Ethereum‘s on-chain stablecoin volume hit a record $1.46 trillion, more than doubling from $650 billion at the start of 2024.ย
- The U.S. SEC’s fines against the crypto industry have reached $7.4 billion since 2013, largely due to the $4.47 billion fine against Terraform Labs.
Educational Corner ๐
- Homegrown web3 company BlockchainSpace released an update for its experience platform YEY.
- Check out the new in-app points system where participants from YEY Quests Season 1 can redeem quest points for XP, which can be converted into YEY Points, USDC, or both.ย
Regulation Watch ๐
Stay informed about the latest regulatory updates and what they mean for you:
- Singapore is investigating seven individuals for illegally offering Worldcoin services such as buying or selling accounts and tokens.
- Caroline Ellison‘s attorneys are requesting no jail time for her role in FTX’s collapse, citing her cooperation with authorities and recovery of funds for creditors.ย
- During a House hearing, Rep. Maxine Waters criticized Donald Trump’s sons’ DeFi project, World Liberty Financial, while lawmakers debated DeFi regulation and the SEC and CFTC took action against Uniswap Labs.
Community Spotlight ๐ฆ
Meet Nathan Smale: He is an Australian blockchain entrepreneur and consultant. Smale works on promoting financial inclusion through blockchain projects, particularly in underserved regions like Southeast Asia.
- He is the Co-founder and Principal Consultant of Emfarsis, a blockchain and digital assets advisory firm based in the Philippines.
- Smale is involved in advancing the fintech and blockchain ecosystem in the Philippines, by working on initiatives aimed at leveraging blockchain technology to create positive social and economic change.
- He is also active in huge web3 events in the country such as last yearโs YGG Web3 Games Summit.
More Web3 and AI News ๐ก
Discover the latest in web3 and AI innovation.
- PayPal and Venmo integrated Ethereum Name Service (ENS), allowing U.S. users to transfer crypto using human-readable ENS names.
- Huma Finance raised $38 million to expand its payment-financing platform, built on tokenized real-world assets (RWAs), with plans to launch on the Solana blockchain and Stellar’s Soroban network.
- Aave launched a new v3 deployment focused on EtherFiโs Wrapped eETH (weETH), allowing users to borrow stablecoins like USDC, PYUSD, and FRAX against weETH with a loan-to-value ratio of 78%.
Web3 Gaming Section ๐ฎ
The future of web3 is gaming, and here are the latest news.
- Hexagon Studios launched “TONs of Dungeons,” a minesweeper-style game on Telegram that rewards players with airdrops of the Chef Token on the TON blockchain.ย
- Apeiron‘s Season 3 open beta introduces PvP and PvE leaderboards with a 1 million $APRS token prize pool, alongside mobile pre-registration and exclusive event rewards.
- The Elon Musk-themed Telegram game “X Empire” launched pre-market token trading via NFT vouchers ahead of its token airdrop.
Event Announcements ๐
Donโt Miss Out: Upcoming events, webinars, and meetups in the crypto space!
- Web3รI: September 14, 2024
- Scarletbox x Atsbury: Night of Arts and Chats: September 19, 2024
- Blockchain Campus Conference 2024: October 10, 2024
Stay Connected:
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- Join our Telegram group for real-time discussions!
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This article is published on BitPinas: Philippine Science High School Unveils Blockchain-Based Records System | Key Points | Sept. 12, 2024