• The Philippines Securities and Exchange Commission (SEC) has proposed new regulations to increase its control over the country’s crypto space. • The regulations broaden the definition of security to include tokenized securities products and other financial instruments based on blockchain or distributed ledger technology (DLT). • The SEC is given the authority to establish its own regulations, enforce securities rules, prevent service providers from levying excessive interest, fees, or

• Alphabet Inc is reportedly planning to layoff 12,000 employees from its global operations • The layoffs will affect teams from corporate services, recruitment, and engineering • CEO Sundar Pichai said the company went on a hiring spree in preparation „for a different economic reality than the one we face today“ American multinational technology company Alphabet Inc (NASDAQ: GOOGL) is reportedly planning to layoff 12,000 workers from its global operations,

• 3HOUSE recently introduced a new initiative called „Campfire“ which provides comprehensive „deep dives“ for Web3 investors. • The initiative is designed to help investors gain a deep understanding of investment principles and access high-quality information when making critical investment decisions in the rapidly growing and constantly evolving Web3 industry. • Campfire is the community’s way of getting to the heart of complex issues together to better inform investment decisions