From the success of our very own Bitcoin Pizza Day celebration to a game launch of Filipino-led Yield Guild Games, here are some of the crypto news from the Philippines.
Today, we curated some of the news from crypto and blockchain organizations in the Philippines from last week, May 19 to 25, 2025.
Event Success: BitPinas x GCrypto’s BTC Pizza Day Meetup
Over 200 attendees gathered at Bonifacio Global City on May 22, 2025, for the Bitcoin Pizza Day 2025 celebration organized by BitPinas and GCrypto.
The event marked the 15th anniversary of the first real-world Bitcoin transaction and featured free pizza, networking, and the “Satoshi Quest,” an interactive activity across booths hosted by Satlayer, GCrypto, and BitPinas. Participants engaged in Bitcoin trivia, wallet showcases, and community discussions, with social media posts encouraged through a dedicated photo booth.
The program included talks led by PDAX Senior Manager for Brand and Partnerships Harry Santos, and other key figures in the local blockchain scene, highlighting developments in Bitcoin, decentralized finance, and crypto adoption in the Philippines.
Stablecoin-issuer Tether, represented by liquidity partner Mansa, sponsored a 22 $USDT giveaway for 22 attendees, while hardware wallet provider Cryptobilis distributed a free wallet.
Nominations Open for Philippine Block Awards 2025
The Blockchain Council of the Philippines has officially opened nominations for the 2025 Blockchain Champion Awards, set to recognize individuals, organizations, and communities making significant contributions to the country’s blockchain and web3 ecosystem. The awards ceremony will take place on June 11 during Philippine Blockchain Week, which runs from June 10 to 11.
Nominations were open until May 21, 2025, via a public form, with categories highlighting regional leadership, innovation, community building, customer experience, youth advocacy, and overall leadership in the blockchain space.
PNP Cracks Down on Unlicensed Crypto Operation in Pangasinan
The Philippine National Police Anti-Cybercrime Group (PNP-ACG), in coordination with the Securities and Exchange Commission (SEC), served search and seizure warrants on May 17, 2025, against a suspected unlicensed cryptocurrency investment and remittance center in San Carlos City, Pangasinan.
The operation followed a report from the SEC about the firm’s unauthorized financial activities. Authorities seized computer data and documents believed to be linked to a large-scale crypto investment scheme allegedly operating without regulatory approval.
The raid came just days after five individuals were arrested in a separate operation on May 13 for running a similar unregistered crypto investment scheme in the province. According to PNP-ACG, the arrested suspects had been offering a minimum investment of ₱30,000 with promises of a 10% monthly return.
Cebu Scam Hub Utilizing Crypto, AI Exposed
A Cebu-based scam hub disguised as a crypto investment call center was exposed by an ethical hacker known as “mrwn,” who gained full access to the group’s CCTV, email logs, and agent desktops.
The scammers used fake AI-powered trading bots under names like Solis Markets and BTC Boutique to promise high $BTC returns, luring international victims to invest. The hacker’s viral YouTube video revealed the operation’s manipulative tactics and fake dashboards, showing over ₱20 million in annual profits, although no real crypto trading occurred.
After the exposé, the Philippine Cybercrime Investigation and Coordinating Center and the Department of Information and Communications Technology launched an investigation and called on ethical hackers to collaborate against such scams. While the physical site was empty upon inspection, authorities are pursuing leads, examining leftover computers, and issuing a show cause order.
The hacker’s findings helped identify several suspects, and officials urged former employees to cooperate or face legal consequences.
Hiraya Network Hosts Apt-Date
Hiraya Network, a Filipino community that supports growth of local talent and projects within the Aptos ecosystem, hosted its first-ever “Apt-Date” on May 23, 2025, kicking off with a strong turnout and discussions.
The event covered the latest developments in the ecosystem, highlighted promising projects, and featured insights from builders who shared why Aptos stands out in web3.
In an X post, the community noted that beyond the updates, the gathering served as a valuable space for connection and collaboration among local builders. It fostered storytelling, knowledge sharing, and a sense of community.
SparkPoint launched a Community Growth Sprint in partnership with CoinEx Filipino, offering participants a chance to win a share of five million $SRK.
Running from May 20 to June 10, 2025, the campaign encourages community engagement through a series of social media and platform tasks. Five lucky winners will each receive one million $SRK, with results announced on June 13, 2025, via official SparkPoint and CoinEx Filipino channels.
To join, users must register and verify on CoinEx, complete all assigned tasks, such as following Twitter accounts, joining Telegram and Discord groups, and liking Facebook pages, and hold at least 100,000 $SRK in their CoinEx wallet. A screenshot of the $SRK balance serves as proof of participation.
Paytaca Launches Utility Token $LIFT
Paytaca launched $LIFT, a utility token designed to support its goal of making Bitcoin Cash ($BCH) widely usable in everyday transactions.
The token is said to power the Paytaca ecosystem, which already includes a $BCH wallet, tools for merchants, fiat-to-$BCH on-ramps, an online marketplace, and a growing network of $BCH-accepting businesses.
The name LIFT stands for “Leveraging Incentives for Financial Transformation.” It will be used reward users, merchants, and developers for participating in the ecosystem, helping to drive real-world $BCH adoption.
The token launch also aims to boost merchant and user onboarding, expand into new markets, and increase transaction volume across the Paytaca platform.
YGG Launches Crypto Game LOL Land
Crypto gaming guild protocol Yield Guild Games (YGG) has officially ventured into web3 game publishing with the launch of LOL Land, a casual board game targeting the “Casual Degen” gaming market.
This move comes through YGG Play, a new publishing arm that focuses on light, addictive games reflecting the playful chaos of crypto culture.
LOL Land features thematic boards, integrates Pudgy Penguins IP as playable characters, and is hosted exclusively on Abstract Chain, a web3 platform created by Igloo Inc.
The game already boasts 116,000 pre-registrations and offers token-based rewards, with a $10 million worth of $YGG prize pool funded on May 1, 2025. Free and premium play modes cater to different users, with token rewards tied to the premium tier.
Stay Connected
This article is published on BitPinas: Crypto PH News Recap: May 19 to 25, 2025
What else is happening in Crypto Philippines and beyond?
