Internet Security

‘Let legit fans buy tickets first’: Law vs scalping and other wishes from Filipino concertgoers

SUMMARY This is AI generated summarization, which may have errors. For context, always refer to the full article. Safety, security, and transparency are some of the issues raised by concertgoers Seeing your favorite artist is an unforgettable experience. And it’s a privilege that not every fan gets to do.  Thankfully, though, the live entertainment scene

This is AI generated summarization, which may have errors. For context, always refer to the full article.

‘Let legit fans buy tickets first’: Law vs scalping and other wishes from Filipino concertgoers
Safety, security, and transparency are some of the issues raised by concertgoers

Seeing your favorite artist is an unforgettable experience. And it’s a privilege that not every fan gets to do. 

Thankfully, though, the live entertainment scene has bounced back since the pandemic lockdowns. Many local and international acts have staged concerts in the Philippines in the past year, with some even returning to the country within months.

And while most of these shows have become a “core memory” for fans, there have been instances and aspects of these shows that have caused great dissatisfaction. Note that many fans spend thousands of pesos and even travel hundreds of miles for these shows.

Sure, staging concerts and live shows are a massive undertaking. Just booking an artist alone is already an entire complicated process. From scouring for appropriate locations, to deciding ticket prices, to promoting the event, to ensuring safety on concert day – every show requires strategic planning and thorough preparation. 

There’s a lot that fans don’t see behind the scenes. But it still doesn’t hurt to listen to their feedback so as to improve concert experiences, no? 

We asked Rappler readers which aspects of live shows and concerts could be improved upon, and here’s what they had to say: 

Law against scalping and fairer ticket allotment

Most readers lamented the current ticketing system, with several calling for a law against scalping. Scalpers are individuals who purchase a lot of tickets and sell them at higher prices. 

“How come a single person can buy more than the allowed number? Do they use bots?” one comment read. “We understand that every person has the right to purchase a ticket, whether he’s a legit fan or not. But we can’t have people buying more than the allowed number of [tickets] per head. Give fans a better fighting chance.” 

Fans usually line up for hours and even allocate a huge portion of their day during the ticket selling period. That’s why it’s such a downer when they don’t get their desired seats, or worse, don’t get any tickets at all. But what makes it even more infuriating is seeing these seats (many of which have the better views) being resold at a heftier price. 

Another netizen wrote: “There should be a law against scalping. Minsan nauuna pang makabili ang scalpers ng good seats kesa sa actual fans and concertgoers (Sometimes, scalpers get the good seats ahead of the actual fans and concertgoers).” 

During the ticket selling for TWICE’s Ready to Be concert at the Philippine Arena, a viral tweet revealed that a scalper was selling 16 VIP tickets for P40,000 each. In reality, one VIP ticket only costs P17,500, and per purchase guidelines, one user can only avail of a maximum of four tickets per transaction. 

There are even cases where the tickets are resold at twice or thrice the original price, with some scalpers even offering them outside concert venues right before the actual show starts. Worse, these scalpers might even be selling fake or invalid tickets.

While the Philippines has yet to have a sweeping law against scalping, there are some cities in Metro Manila that have anti-scalping ordinances. In December 2018, police were able to nab a total of 17 scalpers selling UAAP Finals tickets at 5 to 10 times their original prices. 

Some organizers are also taking a more proactive approach against scalping.

Concert promoter PULP Live World, for instance, has introduced a ticket verification process, wherein the ticket holders’ names are printed on the physical concert tickets. To enter the concert venue, attendees should present a valid ID that matches the name indicated on their physical tickets. 

Aside from scalping, fans have also raised issues surrounding online purchasing. Usually during ticketing days, social media trends revolve around fans being unable access ticketing websites or not seeing their payments go through. 

“The ticketing system is broken regardless of who’s providing the tickets,” one comment read. 

Still on ticketing matters, fans have also asked for fair and transparent distribution of available tickets. 

“[Organizers] should not reserve tickets [for] VIPs. Let the legit fans buy the tickets first,” one wrote, while another said: “Fair distribution of ticket sales. Sometimes

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Internet Security

Oregon passes bill to establish legal control standards for digital assets

Key Takeaways Oregon passed Senate Bill 167 to update commercial laws and include digital assets in the UCC. The new law allows digital assets to be used as collateral and recognizes electronic records and signatures. Share this article Oregon has enacted Senate Bill 167, updating the state’s commercial laws to incorporate digital assets into the

Key Takeaways

  • Oregon passed Senate Bill 167 to update commercial laws and include digital assets in the UCC.
  • The new law allows digital assets to be used as collateral and recognizes electronic records and signatures.

Share this article

Oregon has enacted Senate Bill 167, updating the state’s commercial laws to incorporate digital assets into the Uniform Commercial Code (UCC).

The legislation, signed by Governor Tina Kotek on May 7, introduces UCC Article 12, which creates a legal framework for digital assets including crypto assets, tokenized records, and electronic money.

The bill amends Article 9 to allow digital assets to be used as collateral in secured transactions. It also updates several UCC articles to recognize electronic records, signatures, and hybrid transactions to support digital commerce.

The new law includes transitional provisions that maintain the validity of transactions made before the act’s effective date and provides a one-year period for existing security interests to comply with the new regulations.

Before these changes, there was legal uncertainty about how digital assets fit into existing commercial laws, especially when used as collateral or transferred between parties. The UCC amendments clarify how rights in these assets can be legally controlled, perfected, and enforced.

Apart from SB 167, House Bill 2071 is another crypto-related bill introduced in Oregon.

This proposed legislation focuses on blockchain and digital asset rights. It is aimed at protecting and promoting the use of Bitcoin and other digital assets in the state by limiting regulatory barriers and clarifying the legal framework for blockchain-based activities.

Some of the highlights of the bill include a prohibition on state and local governments from restricting or impairing a person’s ability to accept digital assets as payment for lawful goods and services, as well as the right to conduct peer-to-peer transactions via blockchain or digital asset networks.

The bill is still in the early stages of the legislative process and has not yet advanced to a vote in either the House or the Senate.

Unlike most US states, Oregon lawmakers have not proposed any bill to create a state Bitcoin reserve as of now.

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Internet Security

White House rejects parts of Trump advisers’ sovereign wealth fund proposal

Key Takeaways The White House has rejected parts of a sovereign wealth fund proposal created by Trump’s advisers. The details of the sovereign wealth fund are still under debate with no final decisions announced yet. Share this article The White House has opposed certain elements of a sovereign wealth fund proposal developed by Treasury Secretary

Key Takeaways

  • The White House has rejected parts of a sovereign wealth fund proposal created by Trump’s advisers.
  • The details of the sovereign wealth fund are still under debate with no final decisions announced yet.

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The White House has opposed certain elements of a sovereign wealth fund proposal developed by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick at President Trump’s request, according to a new report from CBS News.

The plan, reportedly delivered by early May, follows Trump’s February executive order directing the Treasury and Commerce departments to develop a framework for a US sovereign wealth fund within 90 days.

The order fueled speculation that the fund might be used to acquire Bitcoin on behalf of the US government.

However, at the time, Bessent and Lutnick said that the fund would indeed focus on warrants, equity, and other non-crypto investments. Still, David Sacks, Trump’s crypto czar, indicated that Bitcoin could be included in the fund’s portfolio.

That no longer appears to be the case after Trump signed a separate executive order establishing a strategic Bitcoin reserve and a digital asset stockpile on March 6, which suggests a standalone approach to crypto holdings.

There were also rumors that the fund might be financed through tariffs and other revenue sources despite ongoing budget deficits. But Lutnick later clarified that tariffs would not be used to support the sovereign wealth fund.

According to the CBS News report, White House spokesperson Kush Desai said the Treasury and Commerce Departments have developed plans in response to Trump’s directive, but no final decisions have been made.

The administration, Desai added, continues to view the initiative as part of its broader effort to safeguard national and economic security.

Details of the fund’s structure and purpose remain under discussion, with no formal announcement expected in the near term.

Sources say Trump has not yet decided how the fund’s proceeds would be used, though he has previously floated the idea of it taking a stake in TikTok, which faces a potential US ban unless ByteDance divests.

Regarding the US Strategic Bitcoin Reserve and the Digital Asset Stockpile, Bessent and Lutnick are also tasked with outlining operational guidelines, custody frameworks, and acquisition strategies. These plans are expected to remain separate from the sovereign wealth fund initiative and are designed to be budget-neutral.

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Internet Security

Crypto Security Breach at Lido DAO Triggers Governance Response

TLDR Lido DAO started an emergency vote to rotate a compromised Chorus One oracle The exploit drained ETH balance and likely resulted from a hot wallet private key leak The issue is restricted to one oracle and is not system-wide Cybersecurity remains a critical issue for cryptocurrency and DeFi Over $2 billion in crypto was

TLDR Lido DAO started an emergency vote to rotate a compromised Chorus One oracle The exploit drained ETH balance and likely resulted from a hot wallet private key leak The issue is restricted to one oracle and is not system-wide Cybersecurity remains a critical issue for cryptocurrency and DeFi Over $2 billion in crypto was […]
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Internet Security

CZ Shares Security Warning After Ledger Discord Hack Exposes User Data

Changpeng Zhao (CZ), founder and former CEO of Binance, shared a security warning after receiving a message regarding a hack of Ledger’s Discord admin account, where a scammer falsely claimed a security flaw and urged users to enter their recovery phrases on a phishing site. Zhao highlighted two critical lessons: the necessity of never sharing

Changpeng Zhao (CZ), founder and former CEO of Binance, shared a security warning after receiving a message regarding a hack of Ledger’s Discord admin account, where a scammer falsely claimed a security flaw and urged users to enter their recovery phrases on a phishing site. Zhao highlighted two critical lessons: the necessity of never sharing [……
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