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JustLend DAO's token burn initiative has eliminated 13.70% of total supply since October 2025, with the third round burning 271 million JST tokens. The protocol drew revenue from its lending business, which holds ₱405.24 billion ($6.75 billion) in Total Value Locked.
After gaining unauthorized access to Resolv Labs' AWS infrastructure, a hacker exploited missing safeguards to mint 80 million unbacked USR stablecoin tokens using just $100,000 to $200,000 in collateral. The attacker drained ₱1.38 billion ($23 million) in Ether before the protocol could respond.
OpenSea CEO Devin Finzer postponed the SEA token launch on March 16, just two weeks before the scheduled March 30 drop. The decision comes as the NFT market sits at ₱101.5 billion ($1.7 billion), down from over ₱1.01 trillion ($17 billion) at its 2022 peak.
On March 12, an MEV bot arbitraged a massive token swap across Uniswap and SushiSwap pools, extracting ₱2.08 billion ($34.8 million) in value while the trader received just 327.24 AAVE tokens now worth $36,100 from their ₱3.01 billion ($50.43 million) input.
Angle Protocol tokenholders voted to shut down EURA and USDA stablecoins after the euro-pegged token collapsed to just under ₱233.87 million ($4 million) in market value. Circle's EURC now controls more than half the euro stablecoin market as the broader euro stablecoin space grows to ₱42.62 billion ($729 million).