What’s Happening in the Philippines, Local News and Philippine People
TLDR Bloomberg and Kaiko are delivering licensed financial data directly to blockchain networks for institutional application The initial use case focuses on tokenized U.S. Treasurys and repo markets operating on the Canton Network This initiative seeks to resolve inconsistent data
MoreTLDR Jimmy Wales, the co – founder of Wikipedia, described Bitcoin as a “complete failure” when it comes to being a currency and a store of value. He forecasts that by 2050, the value of Bitcoin will drop below $10,000
MoreTLDRs; Over the next decade, Mizuho aims to automate 5,000 administrative roles while keeping its total workforce count steady. AI tools will simplify manual document searches and cut credit approval drafting time from hours to minutes. Japan’s innovation-friendly AI regulatory
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TLDR Bitcoin experienced a 1.5% decline on Friday, settling around ~$67,766, but maintained a slight 0.6% weekly gain, indicating a narrow trading range. Analysts suggest the selloff is a “leverage flush” rather than a trend reversal, with buyers re-entering the
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TLDR According to analyst Crypto Patel, BNB has broken out of a bull flag pattern on higher timeframes, setting a long-term price objective of $5,000. Following the breakout, the $600–$700 range is identified as a crucial support zone. Additional support
MoreTLDR A US court set March 11 as the deadline for prosecutors to respond to Sam Bankman-Fried’s motion for a new criminal trial SBF was convicted on seven felony counts in 2023 and sentenced to 25 years in prison for
MoreTLDR The OCC takes action to ban stablecoin yield under the GENIUS Act, with a 60-day period for public comments open The proposal also targets indirect rewards, assuming that yield linked to affiliates violates the rules Merchants may offer discounts
MoreTLDR Telegram has introduced TON DeFi vaults, enabling users to generate yield on USDT, BTC, and ETH. USDT vaults are now live, featuring on-chain strategies and offering variable APY up to 18%. BTC vaults utilize wrapped BTC within TON, providing
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The cryptocurrency market is experiencing significant volatility, prompting many investors to question the reasons behind the crash. As major exchanges post net losses and numerous alternative coins lag, savvy investment is shifting towards fully functional infrastructure projects. One project is
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TLDR AMD is purchasing $150 million worth of Nutanix (NTNX) stock at a price of $36.26 per share. AMD will additionally invest $100 million in joint engineering and go – to – market initiatives. The two firms will construct an
MoreTLDR After surpassing the Q4 2025 earnings expectations, Joby Aviation stock leaped approximately 6–9%, with revenue of $30.84M compared to the forecasted $16.18M. The company declared that users can book Joby air taxi rides directly via the Uber app, along
MoreTLDR Meta, Alphabet, Microsoft, Oracle, and Arista Networks are highlighted as undervalued AI investment opportunities for 2026 The top five U.S. tech firms have earmarked over $300 billion in combined annual capital expenditures, largely focused on AI infrastructure Reduced interest
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TLDR Warner Bros. Discovery reported a fourth-quarter loss of 10 cents per share, worse than the 3-cent loss analysts had projected. Revenue dropped 6% to $9.46 billion, with adjusted EBITDA for linear networks declining 27% to $1.41 billion. HBO Max
MoreTLDR Baidu’s Q4 net profit dropped 66% year-over-year to 1.78 billion yuan, missing analyst estimates Revenue fell 4% to 32.74 billion yuan, marking the third straight quarter of decline AI-powered business revenue grew 48%, now making up 43% of general
MoreTLDR Nvidia reported a record quarterly revenue of $68.1 billion, which was a 73% increase year – on – year and exceeded Wall Street estimates. Following the earnings report, Samsung Electronics’ stock price jumped by over 7% to a record
MoreTLDR DoorDash is leaving Qatar, Singapore, Japan, and Uzbekistan to concentrate on markets that offer better growth opportunities. The firm is shutting down Deliveroo’s Bengaluru engineering center and reallocating those employees. DoorDash states that these withdrawals will not affect its
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TLDR Snowflake’s Q4 EPS landed at $0.34, exceeding analyst estimates by $0.07 Revenue reached $1.28 billion, surpassing the $1.26 billion consensus forecast Product revenue increased by approximately 30% year-over-year to $1.23 billion Snowflake inked $200 million multi-year agreements with both
MoreTLDR WLFI suggests a 180-day staking period to enable voting privileges Voting influence will be proportional to the amount staked and the length of the lock-up Active participants in governance will receive a 2% annual reward A tiered Node system
MoreTLDR Shares of D-Wave Quantum (QBTS) increased by 5.6% on Wednesday, reaching approximately $19.70, with a trading volume of 25.1 million. The company’s fourth-quarter fiscal 2025 earnings are scheduled for release on Thursday before the market opens; analysts are forecasting
MoreTLDR Nvidia reported a fourth-quarter revenue of $68.1 billion, which was a 73% increase from the previous year. The company recorded adjusted earnings per share of $1.62, surpassing the estimated $1.54. Nvidia predicted first-quarter revenue of approximately $78 billion, exceeding
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