What’s Happening in the Philippines, Local News and Philippine People
TLDR JPMorgan indicated that ongoing security vulnerabilities keep restricting DeFi’s attractiveness to institutional players. The KelpDAO hack wiped out approximately $20 billion in total value locked over a few days. A bad actor created $292 million worth of unbacked rsETH
MoreTLDR Circle’s chief economist has put forward a proposal to raise USDC lending rates on Aave v3 to resolve ongoing liquidity pressure. Gordon Liao recommended increasing Slope 2 to 40% as a temporary intermediate measure, with a 50% target set
MoreTLDR QBTS stock is experiencing a decline following a speculative surge driven by World Quantum Day excitement and news from Nvidia regarding quantum computing. Analysts anticipate weaker first-quarter results, with projections indicating that both revenue and earnings will fall short
MoreTLDR Oklo stock jumps 15% as NVIDIA and LANL fuel AI nuclear push OKLO extends rally after AI-powered nuclear partnership news Oklo gains momentum as NVIDIA deal boosts nuclear AI outlook OKLO breakout continues on AI and nuclear energy collaboration
MoreTLDR Blockchain Capital aims for $700M as crypto deal values rise despite a market downturn Two new funds from Blockchain Capital will target early-stage and growth-stage projects Despite a decline in crypto investment, Blockchain Capital advances its $700M expansion Blockchain
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Summary BESI’s first-quarter order bookings surged 104.5% year-over-year to €269.7 million, exceeding market expectations by approximately 4%. Net income climbed 63.8% to €51.6 million, while total revenue rose 28.3% to €184.9 million. Robust demand was fueled by hybrid bonding technology
MoreTLDR SoftBank is looking to secure a $10 billion loan with its OpenAI shares serving as collateral The loan would have a two-year duration, plus an option to extend it for an additional year This comes on the heels of
MoreKey Highlights Google Cloud has entered into a multi-billion-dollar partnership with Thinking Machines Lab to supply essential AI infrastructure. The startup launched by Mira Murati has secured significant computing power following a $2 billion investment round. Google is bolstering its
MoreTLDRs: Lululemon’s shares declined following the announcement of former Nike executive Heidi O’Neill as its new CEO, amidst a leadership change. Sales in the Americas decreased by 4%, contrasting with a 17% rise in international revenue, indicating inconsistent global results.
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TLDR Bitcoin rose above $79,000, marking its highest value since the start of February Cryptocurrency-related stocks saw strong gains: Strategy jumped 10%, Circle rose 9%, and Coinbase increased 6% Significant short positions in Bitcoin derivatives may lead to a short
MoreTLDRs; ASML has upgraded its 2026 forecast, yet concerns over stricter U.S. export controls targeting China persist among investors. Robust demand for AI chips fuels growth, but geopolitical risks continue to dampen market sentiment. The firm asserts it will not
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(AsiaGameHub) – Sports data integrity company Sportradar has strongly refuted allegations that it generates as much as 40% of its revenue from the black market, following claims that it targets regions including Russia and China. These claims were independently
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(AsiaGameHub) – As the long process of regulating online casinos in New Zealand nears completion, a completion date now appears to be set. The Online Casino Gambling Bill has entered its final stages after passing its third and final
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(AsiaGameHub) – India will put into effect and enforce the Promotion and Regulation of Online Gaming Rules (PROGA 2025) starting May 1, 2026. This mandate—approved by both the Lok Sabha and Rajya Sabha on August 22, 2025—will institute a
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(SeaPRwire) – The Pepeto price forecast is driven by institutional investment activity this week. As of April 21, spot Bitcoin ETFs have posted five consecutive days of inflows, bringing in $238 million in new capital per CoinMarketCap, while Bitcoin
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(AsiaGameHub) – Aviator Studio Brazil has maintained its position in Brazil following a decision by the São Paulo Court of Appeals to deny the urgent relief requested by Spribe. While the ruling does not determine the ultimate ownership of
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(AsiaGameHub) – Sam Bankman-Fried has retreated from one legal challenge following his conviction but continues to pursue the wider litigation concerning his FTX case. A recent court document indicates he has abandoned his current effort to secure a new
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(SeaPRwire) – The search for the next breakout cryptocurrency has intensified following April 21 data, which revealed one of the most significant monthly exchange outflows for Shiba Inu, totaling over 505 billion SHIB according to CoinMarketCap. Analysts are highlighting
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(AsiaGameHub) – The Lumbee Tribe’s status has been transformed by federal recognition, a development that could reshape North Carolina’s gaming landscape and exert new competitive pressure on South Carolina. Key Points After a 137-year effort, the Lumbee achieved full
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(AsiaGameHub) – Somnia has shifted its strategic focus. The initiative is no longer prioritizing metaverse and consumer applications, instead establishing itself as an Agentic Layer 1 blockchain centered on AI agents. Good to Know Somnia now treats AI agents
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