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Rise In and the Stellar Development Foundation have launched the APAC Stellar Hackathon, a regional Web3 builder program aimed at developers, founders, and students across Southeast Asia.

Lex “Pancake” Martires said prolonged bear market conditions have become a reality check for the Web3 industry, separating communities built around short-term hype from those capable of evolving and sustaining engagement over time.

GladiatorDex officially launched its decentralized application during a community event at Clark Marriott Hotel in Pampanga, introducing its Web3-powered gaming ecosystem ahead of the game’s full release on July 27.

Crypto exchange MEXC is celebrating its 8th anniversary with a major brand overhaul centered on two themes: zero fees and expanded access to global financial markets.

OKX has rolled out a new framework linking crypto-native transparency systems with traditional bank custody infrastructure, allowing institutions to use BlackRock’s BUIDL tokenized U.S. Treasury fund as collateral for trading activity while assets remain held at Standard Chartered.

DICT Secretary Henry Aguda has denied circulating claims that he resigned from his post, calling the reports “false reports and speculations” meant to sow confusion and undermine public trust. In an official statement, Aguda said he remains fully committed to his role and continues to serve at the pleasure of President Ferdinand Marcos Jr., while emphasizing the DICT’s ongoing focus on digital transformation, connectivity expansion, and combating online disinformation.

OKX says its Proof of Reserves framework is evolving beyond a transparency feature into core infrastructure for institutional crypto markets, as tokenized real-world assets and regulated financial participation continue to grow.

U.S. President Donald Trump is set to meet Chinese President Xi Jinping in Beijing on May 14–15, with the ongoing Iran war emerging as the summit’s most urgent issue amid disruptions to global oil markets and shipping routes.

The International Monetary Fund has warned that increasingly advanced AI models are amplifying cyber risks across the global financial system, raising the possibility of broader market disruptions and systemic financial shocks.

Alphabet has rapidly closed the market cap gap with Nvidia, reaching roughly $4.8 trillion and positioning itself to potentially become the world’s most valuable publicly traded company amid accelerating AI growth.

“I think we finally have some clearer pathways for mainstream adoption.” Part 02 of BitDigest's Exclusive Interview with Luis Buenaventura on his mission to remold the PH-US remittances with his personal ventures in 2026.

Coinbase is laying off around 700 employees, or roughly 14% of its workforce, as the crypto exchange restructures around artificial intelligence and a leaner operating model. CEO Brian Armstrong said AI tools are dramatically increasing productivity, allowing smaller teams to perform work that previously required much larger groups; prompting the company to flatten management layers and automate more workflows.

DBM Undersecretary Maria Francheska Del Rosario clarified that the previously cited ₱1.9 billion figure refers to Budget and Treasury Management System's (BTMS) existing enterprise resource planning (ERP) system, like to Oracle or SAP, not a blockchain-based platform. According to Del Rosario, the government had already invested around ₱1.8 billion into BTMS before her term, with costs later rising to ₱1.9 billion after cloud infrastructure deployment and rollout expansion. She added that total investment in the system could reach ₱3 billion through 2028. Del Rosario noted that blockchain integration has not yet been costed out, but said implementation would likely be “more expensive” than the current ERP setup.

During the yesterday's congressional hearing on blockchain transparency bills, DBM Undersecretary Maria Francheska Del Rosario said the estimated initial cost of implementing blockchain for the national budget transparency, in reference to Budget and Treasury Management System, could reach around ₱1.9 billion.

During yesterday’s congressional hearing on blockchain transparency bills, DICT Undersecretary David Almirol Jr. said the government is already testing blockchain node setups across major local telecom providers—including PLDT, Globe, and Converge—in preparation for the proposed CADENA framework.

Coach Miranda Miner has hinted at a possible June 2026 return of Binance to the Philippine market, describing it as a “legal” re-entry. The statement comes as the Bangko Sentral ng Pilipinas maintains an indefinite pause on new Virtual Asset Service Provider (VASP) licenses, with no active approvals for new entrants. Could the same open the door for other offshore exchanges to re-enter as well?

SuperAI 2026, set for June 10–11 in Singapore, is expected to gather over 10,000 participants from 150+ countries, bringing together major players across the global AI ecosystem amid rising geopolitical fragmentation.

Finance ministers and central bank governors from ASEAN, China, Japan, and South Korea agreed to speed up access to emergency funding under the Chiang Mai Initiative, aiming to help member economies respond faster to shocks like oil price spikes and financial instability.

Inflation in the Philippines jumped to 7.2% in April, up sharply from 4.1% in March, driven largely by surging fuel costs and broader price increases across transport, food, and utilities. The spike, which exceeds the Bangko Sentral ng Pilipinas’ target range, is fueling expectations of more aggressive rate hikes as policymakers balance inflation control against growth risks.

Asahan ang bahagyang pagbaba ng presyo ng langis ngayong araw. Kasunod ito ng sunod-sunod na rollback nitong nakaraang linggo. Magpapatuloy kaya ito? Ating tutukan. | via JC Macalintal