Binance Plans Philippine Comeback Through Local Partner

Crypto exchange Binance is partnering with fintech company BlockShoals Technologies in what the platform described as its first formal market-entry approach in the Philippines, through local partnerships and regulatory engagement. On Tuesday, Binance announced the partnership, highlighting that BlockShoals is an approved participant under the Philippine Securities and Exchange Commission’s (SEC)…

EU to favour European satellite services to head off Musk’s Starlink

The European Commission will adopt a decision this week that would privilege European satellite operators in a move designed to curb the European expansion of Starlink, the flagship service of Elon Musk’s SpaceX. ADVERTISEMENT ADVERTISEMENT Starlink currently dominates the global satellite internet market with over 10,000 low-orbit satellites. Its closest competitor is Amazon’s Project Kuiper, which recently launched its first commercial satellite constellation. The strategic importance of satellite-based communications became clear after the full-scale Russian…

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Kelp DAO Says rsETH Fully Restored 5 Weeks After Hack

Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Korea’s Lazarus Group on April 18.Kelp DAO posted to X on Monday that the final tranche of 20,373.7 Kelp DAO restaked…

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