Join us in a conversation with Ismael Jerusalem, the CEO of Ownly, as we explore how PH can reclaim its standing in the global crypto community.
With the bear market still ongoing and the collapse of crypto firm FTX in November last year, cryptocurrency adoption in the Philippines has significantly declined over the past year.
Blockchain data platform Chainalysis recently released its report that shows that the Philippines is the second-best performer in terms crypto adoption out of 20 countries.
According to the Chainalysis report, the increase coincides with an increase in hacks into the protocols for DeFi.
93% of the funds in criminals’ crypto wallets were made up of stolen coins worth $9.8 billion.