PCSO files raps vs 4 firms for illegal lottery
THE Philippine Charity Sweepstakes Office (PCSO) filed charges against four firms allegedly engaged in unauthorized online lottery operations in the country.
Blockchain latest news
DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption
On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors in Asia. The alliance, rooted in Zurich and Hong Kong, focuses on promoting Internet Computer blockchain uptake, nurturing collaborations, and catalyzing innovation within the booming Web3 and AI domain in Asia.
Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects
The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC) and was explained in a white paper published on September 25.
Axie Infinity Has Left Filipino Gamers Despondent + In Debt | TIME
Samerson Orias was working as a line cook last year in the rural Philippines when his friend told him he could make way more money playing a new video game.
Miss Universe denies link with recently unveiled coin project
The Miss Universe Organization has denied any association with the Miss Universe Coin project announced at the Philippine Blockchain Week (PBW) event held earlier this month. PBW said that they are in contact with all involved parties and will post an update soon.
WATCH: Michael Cinco presents collection at world’s first Metaverse Fashion Gala
MANILA, Philippines — Filipino celebrity designer Michael Cinco presented a new collection at what was touted as the world’s first-ever Metaverse Fashion Gala last Monday in Marriott Grand Ballroom, Pasay City.
Play-to-earn has fatal flaws: How can Web3 gaming be more sustainable?
Web3 game development company QORPO says there are significant shortcomings in the play-to-earn space — and a drastically different approach is needed to create games that retain users and achieve sustainable tokenomics.
Philippines SEC teams up with US counterpart to combat crypto fraud
The Philippines Securities and Exchange Commission (SEC) has teamed up with its United States counterpart, as well as the Asian Development Bank to crack down on criminals using cryptocurrencies to commit fraud and other financial crimes.