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A trader has fumbled a $36 million trade by selling his portion of the Solana meme coin TROLL last summer. At the time o...
06/08/2025

A trader has fumbled a $36 million trade by selling his portion of the Solana meme coin TROLL last summer. At the time of the sale, the token was at a market capitalization of $9,360.

Now, almost a year later, it has suddenly skyrocketed to $158 million. He originally bought $1,300 worth of the Solana token in August 2024 but sold it just hours later when it didn't pump. At the time of his sale, Troll's market cap was $9,360. Now, it is at $158 million.

Philippine’s SEC released an investor advisory warning the public against engaging with ten unregistered platforms opera...
06/08/2025

Philippine’s SEC released an investor advisory warning the public against engaging with ten unregistered platforms operating without proper licenses under the agency’s new Crypto Asset Service Provider (CASP) Rules.

The crypto exchanges recently flagged by the Philippine Securities and Exchange Commission (SEC), including OKX, Bybit, KuCoin, and Kraken, are now inaccessible through PLDT’s internet network. Theoretically, this allows the government to centrally manage which websites are accessible, including the ability to block platforms identified by the SEC or other authorities.

North Korean hackers have used fake IT job offers to breach cloud systems and steal millions in crypto, Google and Wiz f...
06/08/2025

North Korean hackers have used fake IT job offers to breach cloud systems and steal millions in crypto, Google and Wiz found. The Trader Traitor campaign has evolved since 2020 to target crypto firms with malware and AI-generated lures.

The groups have stolen $1.6 billion in crypto this year and continue to scale their operations. In both cases, UNC4899 gave the employees tasks that resulted in the employees running malware on their workstations, enabling the hacking group to establish connections between its command-and-control centers and the target companies' cloud-based systems.

The Philippines’ Securities and Exchange Commission (SEC) has issued a fresh warning against a number of unregistered cr...
05/08/2025

The Philippines’ Securities and Exchange Commission (SEC) has issued a fresh warning against a number of unregistered cryptocurrency platforms, saying they are actively targeting Filipino users without the necessary licenses and exposing investors to significant risk.

The regulator said there are several risks to Filipino investors using unregistered services, including potential total loss of funds, lack of legal recourse, and
exposure to fraud or identity theft.

05/08/2025

Crypto Tambayan: Season 2 | Episode 2

Nagbabalik ang pinakamasayang tambayan sa balat ng Web3! Join us on our second season dito lang sa mas pinalaki at mas pinasayang "Crypto Tambayan"!

Web3, ang decentralized at user-centric version ng internet, is changing the game when it comes to careers in technology, finance, arts and more! Tara at samahan natin sina CryptoKarency, Krista2Moons, Blockchain Wayne, at Crypto be**er as they unravel the world, opportunities, systems, and more about the blockchain technology!

🔔 Subscribe, like, and hit the bell for more on-the-ground coverage of Web3, DeFi, and blockchain events around the globe!

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Visa has expanded its stablecoin settlement support to include PYUSD, USDG, and EURC across Avalanche and Stellar networ...
03/08/2025

Visa has expanded its stablecoin settlement support to include PYUSD, USDG, and EURC across Avalanche and Stellar networks.

The move adds to existing support for Ethereum and Solana, widening Visa’s stablecoin infrastructure amid broader institutional adoption. The announcement comes weeks after the U.S. passed the GENIUS Act, introducing the country’s first federal regulatory framework for stablecoins.

The Department of Budget and Management (DBM) officially launched its blockchain-based platform, making key budget docum...
02/08/2025

The Department of Budget and Management (DBM) officially launched its blockchain-based platform, making key budget documents publicly accessible and verifiable via the Polygon blockchain.

Through the website blockchain.dbm.gov.ph, the public can now view immutable versions of the Special Allotment Release Orders (SAROs) and Notices of Cash Allocation (NCAs), two essential government documents that indicate where public funds are allocated and when these funds are released.

Developers William Lonergan Hill and Keonne Rodriguez pleaded guilty to operate an unlicensed money transmitting busines...
01/08/2025

Developers William Lonergan Hill and Keonne Rodriguez pleaded guilty to operate an unlicensed money transmitting business. The two—who set up Bitcoin mixer Samourai Wallet—had changed their pleas this week. They could face up to five years in prison.

The founders of Bitcoin mixer Samourai Wallet face up to five years in prison after pleading guilty to conspiracy to operate an unlicensed money transmitter. In return for their plea, the U.S. Department of Justice agreed to drop a more serious money laundering charge that by itself carries a potential 20-year sentence, according to DOJ guidelines. The illegal money transmitter charge carries the potential five-year sentence.

US President Donald Trump’s Working Group on Digital Assets released its long-promised crypto report outlining policy re...
31/07/2025

US President Donald Trump’s Working Group on Digital Assets released its long-promised crypto report outlining policy recommendations for regulating crypto in the United States, including crypto market structure, jurisdictional oversight, banking regulations, promoting US dollar hegemony through stablecoins and taxation of cryptocurrencies.

According to recommendations in the document, jurisdictional oversight over digital assets should be shared between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), with the CFTC having oversight over spot crypto markets.

The local web3 community shared mixed reactions to the proposed Crypto Rights Party List by the Innovative Movement of t...
31/07/2025

The local web3 community shared mixed reactions to the proposed Crypto Rights Party List by the Innovative Movement of the Philippine Association of Crypto Traders (IMPACT). While some see it as a step toward better representation in policymaking, others caution it could lead to further misunderstanding and politicization.

The group emphasizes that the initiative will only proceed with strong community support, aiming to advocate for crypto rights, blockchain innovation, and clearer regulations. So far, around 1,200 people have expressed support.

31/07/2025

Nagbabalik ang pinakamasayang tambayan sa balat ng Web3! Join us on our second season dito lang sa mas pinalaki at mas pinasayang "Crypto Tambayan"!

Web3, ang decentralized at user-centric version ng internet, is changing the game when it comes to careers in technology, finance, arts and more! Tara at samahan natin sina CryptoKarency, Krista2Moons, Blockchain Wayne, at Naif as they unravel the world, opportunities, systems, and more about the blockchain technology!

🔔 Subscribe, like, and hit the bell for more on-the-ground coverage of Web3, DeFi, and blockchain events around the globe!

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A major player in a crypto Ponzi scheme that duped victims out of $13 million with claims of using artificial intelligen...
31/07/2025

A major player in a crypto Ponzi scheme that duped victims out of $13 million with claims of using artificial intelligence-powered crypto trading bots and a fake government agency has pleaded guilty.

Vincent Anthony Mazzotta Jr admitted to his role in defrauding investors by promising high yields made through fictitious investment firms that use AI-powered crypto trading bots. Mazzotta pleaded guilty to money laundering and conspiracy to obstruct justice, which together carry a maximum penalty of 15 years in prison. A judge has yet to determine the sentence.

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