President Ferdinand Marcos Jr. entered 2025 carrying baggage from the previous year — the national budget.
The 2025 General Appropriations Act drew significant backlash, with its harshest critics calling it the most corrupt budget ever passed.
Rappler’s Dwight de Leon recaps the controversy over bicameral shenanigans that later amplified calls for budget transparency, although lawmakers’ promise of reforms drew mixed results. – Rappler.com



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more