A federal judge has dismissed a proposed class action lawsuit against Uniswap Labs, CEO Hayden Adams and several venture capital backers, ruling they cannot be held liable for alleged “rug pull” tokens traded on the decentralized exchange’s protocol. In a ruling issued Monday by the U.S. District Court for the Southern District of New York,…
NEW DELHI: Congress leader Rahul Gandhi on Tuesday urged Prime Minister Narendra Modi-led government to take a clear and moral stand amid escalating hostilities between the United States, Israel and Iran.In a post on X, Rahul said the region was being pushed “toward wider conflict” and warned that millions, including nearly a crore Indians, faced…
Mom-and-pop investors rushed into a pair of trades on Monday following the U.S.-Israeli strikes on Iran. Retail investors sent millions of dollars on a net basis into the State Street Energy Select Sector SPDR ETF (XLE) and Palantir in the first hour of Monday’s session, according to VandaTrack. But the broader market didn’t see the…
Market experts anticipate continued turbulence in the near term as tensions between Iran and the Israel-US alliance intensify. (AI image) Rs 11 lakh crore gone! Middle East tensions, the ongoing war of the US and Israel with Iran have bled the Indian stock markets, with investors rushing for cover to safe haven assets as economic…
Bitcoin traded near $68,000 on Tuesday as U.S. spot ETFs pulled in $458 million, according to data curated by SoSoValue, marking one of the quarter’s strongest inflow days despite the ongoing conflict with Iran. The inflows suggest institutional investors are treating bitcoin’s recent volatility stemming from the war as contained rather than systemic. Singapore-based trading…
PM Modi with Iran’s Supreme Leader Ayatollah Ali Khamenei in Tehran on 23 May 2016. Congress Parliamentary Party chairperson Sonia Gandhi on Tuesday sharply criticised the Prime Minister Narendra Modi-led government for its silence over the assassination of Iran’s Supreme Leader Ali Khamenei, calling it an ‘abdication’ rather than neutrality.In an opinion piece published in…
Check out the companies making headlines in after-hours trading. MongoDB — Shares plunged 23% in extended trading. MongoDB said it sees first-quarter adjusted earnings per share of between $1.15 and $1.19 and revenue of between $659 million and $664 million. Analysts polled by LSEG expected earnings of $1.21 per share and $662 million in revenue…
NEW DELHI: While Russia remained the largest supplier of crude to India in Feb, Saudi Arabia narrowed the gap and emerged as a close second, with supplies from the West Asian country rising by 30% to over 1 million barrels a day (mbd), compared to 7.7 lakh barrels in Jan this year.According to data shared…
The Senate Committee on Banking, Housing and Urban Development included a provision temporarily barring the Federal Reserve from issuing a central bank digital currency in its bipartisan bill to boost housing in the U.S. The “21st Century ROAD to Housing Act,” introduced Monday by Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, respectively the…
NEW DELHI: The home ministry Friday constituted two more empowered committees for Bengal to fast-track processing of citizenship requests received under the Citizenship (Amendment) Act, 2019. This takes the number of empowered committees functional in the state to four.CAA provides for grant of citizenship to immigrants from Pakistan, Afghanistan and Bangladesh belonging to their six…
