Prediction markets are gaining traction as a new growth area for Coinbase (COIN) and Robinhood (HOOD), as investors look beyond a weak first quarter for crypto trading and focus on future products, according to Cantor Fitzgerald analyst Ramsey El-Assal. El-Assal said “investors are increasingly treating the quarterly print as backward-looking,” with attention shifting to “forward-looking…
Eknath Shinde gifts new house to martyr ponywallah’s family SRINAGAR: Hapatnar village, located at the foothills of Pir Panjal mountains about 15 km ahead of Pahalgam, was unusually bustling on Tuesday. Many Shiv Sena workers had flocked to the quiet village, holding portraits of Maharashtra deputy chief minister and party leader Eknath Shinde.There was no…
The White House has discussed offering a financial lifeline to the United Arab Emirates as the U.S. war with Iran wreaks havoc on the Gulf state’s economy, a White House official told CNBC. The UAE has not formally requested a currency swap line, and plans are not currently being drawn up, the official said, speaking…
A major decentralized finance (DeFi) hack could prompt Wall Street firms to reassess the pace of their blockchain and tokenization efforts, a Jefferies analyst wrote in a report. The note follows a $293 million exploit of Kelp DAO on April 18, in which attackers minted unbacked tokens and used them as collateral to borrow other…
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Cabinet secretary TV Somnathan NEW DELHI: Cabinet secretary TV Somanathan on Tuesday invoked Sardar Vallabhbhai Patel’s vision of a politically neutral and integrity-driven group of civil servants who are not involved in communal wrangles and are fearless in offering honest advice to the executive.TOI has learnt that in his address on “ethics and efficiency in…
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