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Philippine regulators halted operations at Riscoin and BG Wealth Sharing Ltd. after discovering they were soliciting investments through unregistered crypto schemes. The enforcement action followed months of warnings that both firms ignored.
Fraudsters claiming government backing for a fake 'Pasig Coin' investment were spotted soliciting residents near Centennial II in Barangay Pinagbuhatan, prompting Mayor Vico Sotto's warning.
Following a ₱17.67 billion ($292 million) KelpDAO exploit linked to LayerZero bridge vulnerabilities, Solv Protocol is migrating its tokenized Bitcoin infrastructure to Chainlink's Cross-Chain Interoperability Protocol, affecting ₱42.35 billion ($700 million) in SolvBTC and xSolvBTC assets.
Pay.sh, powered by the x402 protocol, enables AI agents to authenticate and pay for API access directly with stablecoins, replacing traditional credentials with machine-to-machine payments.
Forward Industries, which holds 7.01 million SOL, is deploying ₱1.54 billion ($25 million) into OnRe's yield-bearing token as part of a broader bet on bringing the ₱123.11 trillion ($2 trillion) global reinsurance market onchain.