Cardano’s Role in Unlocking Two Trillion Dollars in Bitcoin DeFi

Cardano founder Charles Hoskinson discussed the potential of Cardano to unlock $2 trillion in Bitcoin DeFi during a recent podcast. He emphasized that Bitcoin holders seek yield and financial tools, and Cardano’s infrastructure, including Babel fees, could facilitate seamless transactions within the Bitcoin ecosystem.Hoskinson also highlighted the upcoming Midnight project, which aims to enhance interoperability and user engagement across blockchains. By borrowing principles from Bitcoin, Cardano seeks to attract more users and drive exponential growth in total value locked (TVL) and transaction volume over the next few years.

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SPiCE South Asia 2025: Insights and Networking in Gaming Industry

SPiCE South Asia 2025 will take place from March 4-6 at Shangri-La Colombo, Sri Lanka, showcasing the rapid evolution of the gaming industry in South Asia. The event features key sessions on intellectual property, responsible gaming, and the expansion of sports gaming, alongside networking opportunities and an awards ceremony celebrating industry innovators. Attendees will gain insights into navigating regulatory changes and leveraging growth in the booming Indian gaming market.

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Nvidia a Strong Buy While Lowe’s Faces Challenges This Week

U.S. stocks faced their worst week of 2025, with the S&P 500 down 1.7% and the Dow and Nasdaq both losing 2.5%, amid concerns over tariffs, inflation, and economic conditions. Nvidia is highlighted as a strong buy ahead of its earnings report, expected to show a 67% increase in EPS and a 72% rise in revenue, while Lowe’s is advised to be avoided due to profitability struggles.

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Salasar Tecno Engineering shares rise after acquisition announcement

Salasar Tecno Engineering’s share price opened at ₹10.40, rising over 5% to reach ₹10.85 following news of a non-binding Memorandum of Understanding for the acquisition of Elegant Forge & Equipments Pvt. Ltd. The deal, subject to due diligence, aims to enhance Salasar’s capabilities in various industries, including defense and aerospace.

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Key Market Updates: Moderna Sales Cut and Retailer Guidance Adjustments

Moderna has reduced its 2025 sales forecast by about $1 billion, now expecting $1.5 billion to $2.5 billion, leading to a 17% drop in its shares. Meanwhile, IAC is spinning off Angi and will operate without a new CEO, while several retailers, including Lululemon and American Eagle, raised holiday quarter guidance but faced stock declines amid investor skepticism. Additionally, the Justice Department released a report from special counsel Jack Smith regarding President-elect Trump’s actions to overturn the 2020 election, stating a jury would have convicted him if not for his election.

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Asian shares mixed as Wall Street reacts to Big Tech declines

Asian shares traded mixed, reflecting Wall Street’s performance, where oil-and-gas gains offset declines in Big Tech stocks like Nvidia and Apple. Japan’s Nikkei 225 fell 1.8% after a holiday, while Hong Kong’s Hang Seng surged 1.5%. The S&P 500 rose 0.2%, but concerns over high interest rates and inflation persist, impacting stock valuations.

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Wall Street Declines as Big Tech Stocks and Inflation Concerns Weigh Down Market

Wall Street faced pressure as Nvidia and other Big Tech stocks declined, with concerns over the Federal Reserve’s potential interest rate cuts amid persistent inflation. Nvidia dropped 2.5%, while Moderna tumbled 20.7% after disappointing revenue forecasts. Conversely, oil-and-gas companies benefited from rising crude prices, with Exxon Mobil gaining 2.2%.

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Tech stocks decline as Wall Street struggles with economic uncertainty

Nvidia and other Big Tech stocks are dragging Wall Street down, with the S&P 500 slipping 0.2% and the Nasdaq composite losing 0.8%. Concerns over the Federal Reserve’s potential interest rate cuts, coupled with disappointing forecasts from Moderna and Macy’s, are contributing to market pressures. Despite a rise in the Dow Jones Industrial Average, the overall sentiment remains cautious as inflation persists above target levels.

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Kenya Plans to Legalize Cryptocurrencies to Foster Financial Innovation and Inclusion

Kenya is set to legalize cryptocurrencies, as announced by Treasury Cabinet Secretary John Mbadi, aiming to create a regulated environment for Virtual Assets and Service Providers. This legislation seeks to mitigate risks like money laundering and fraud while enhancing financial inclusion and positioning Kenya as a key player in the global digital finance ecosystem. Despite previous warnings from the Central Bank regarding crypto risks, the move follows a recommendation from the IMF for improved regulations.

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