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BSP Investigates Coins.ph Over Alleged Offshore Gambling Links, License at Risk

Summary: Reports indicate the Bangko Sentral ng Pilipinas is investigating Coins.ph for alleged links to restricted offshore gambling operators, threatening its license. No final ruling exists, but prior actions against linked e-wallet DCPay highlight growing regulatory scrutiny on crypto-gambling intersections.

Turkish Authorities Detain Hex Founder Richard Heart on Interpol Red Notice

Summary: Turkish authorities detained Hex founder Richard Heart in Istanbul under an Interpol Red Notice issued by Finland for aggravated tax fraud. The arrest follows the dismissal of a separate U.S. SEC lawsuit against Heart, which had alleged over $1 billion in unregistered crypto offerings.

Crypto Experts Debate 'Bunker Mode' as AI Threatens Elliptic Curve Cryptography

Summary: Ethereum researcher Justin Drake advocates for "bunker mode" to protect assets from potential AI-driven attacks on elliptic curve cryptography. Critics argue that migrating funds offers limited protection if extended public keys are exposed, warning that rushed actions increase scam risks and operational errors.

Coins.ph Faces Central Bank License Revocation Over Offshore Gambling Ties

Summary: Coins.ph, the Philippines' largest crypto exchange, faces potential license revocation from the central bank over alleged ties to offshore gambling firms. With 18 million users and controlling most peso-stablecoin liquidity, the firm claims operations continue safely despite recent deposit restrictions and compliance staff departures.