Coinbase (COIN) reported a multi-hour disruption to crypto trading on Thursday, which the Nasdaq-listed exchange attributed to an outage at Amazon Web Services. The incident drew criticism as Coinbase continues to grapple with declining trading activity, quarterly losses, and staff layoffs. The crypto trading platform said users were unable to transact across web and mobile…
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NEW DELHI: The Centre on Saturday appointed Lieutenant General N S Raja Subramani (Retd.) as India’s next Chief of Defence Staff (CDS), while Vice Admiral Krishna Swaminathan was named the next Chief of Naval Staff. According to an official announcement, Lt Gen Raja Subramani, PVSM, AVSM, SM, VSM (Retd.), will also function as Secretary to…
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NEW DELHI: The Times of India bagged the first and third spots in two categories, honorary mentions in three other slots at this year’s International News Media Association (INMA) awards presented in Berlin on May 7.The first prize for Best Use of Print (Regional) went to “Thirukkural With The Times”, a weekly column in TOI’s…
Coinbase’s (COIN) weak first-quarter earnings report sparked another divide on Wall Street over whether the crypto platform is building a more durable business or remains tied to crypto’s boom-and-bust cycles. Several analysts lowered forecasts after the company missed expectations on revenue and adjusted EBITDA as trading activity slowed across the crypto market. Still, a number…
NEW DELHI: This is how justice is denied when courts go by the letter of the law and not by the spirit. A poor murder convict, who was left abandoned by family and was not given proper legal advice, challenged the trial court’s order of his conviction and life imprisonment after nine years delay in…
The cost of crude has been averaging $105.4 a barrel so far in May. Brent crude hovered at nearly $100 a barrel on Friday, while the Indian oil basket was priced at $99.69 a barrel. The rupee cost has shot up further due to the currency weakening against the dollar. “Oil companies are purchasing costlier…
NEW DELHI: The West Asia conflict is pushing govt to look at a faster transition towards renewable energy, including the possibility of increasing ethanol blending in petrol from 20-25%, although in a calibrated manner. This will come along with increased refining capacity within the country, so that there is a buffer in the system and…
