Short seller Culper Research is betting against ether (ETH) and ETH-linked stocks such as BitMine (BMNR), arguing that the network’s economics deteriorated following Ethereum’s latest network upgrade. The firm said in a Thursday report that the December 2025 upgrade dubbed Fusaka flooded the network with excess blockspace and has “impaired ETH tokenomics.” That drove transaction…
JDU workers protest against Nitish Kumar filing his nomination for Rajya Sabha, outside the CM’s residence in Patna on Thursday NEW DELHI: As the nomination process for Rajya Sabha elections spread across 10 states ended on Thursday, moves for new political alignments, including a rare BJD-Congress tie-up in Odisha and unity of BJP’s rivals in…
U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters New York Attorney General Letitia James and the top prosecutors of 23 other states once again sued to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision struck down his…
As tensions continue to heat up in the Middle East, concerns are raising about disruptions to one of the world’s most critical energy shipping routes, the Strait of Hormuz. Any disruption could significantly affect major oil-importing countries such as India, as the narrow Strait of Hormuz is central to global energy trade. The strait sees…
NEW DELHI: India on Thursday reiterated that it’s in a comfortable position with regards to energy supply, amid the Middle East tensions.Country’s energy situation is being reviewed twice a day and remains in a comfortable position on energy security despite the escalating tensions in West Asia, government sources, cited by ANI, said. India Confident To…
India is seeking support from the United States to secure marine insurance cover for vessels transporting oil from the Middle East, as the government looks to ensure continuity of energy supplies amid disruptions in the Strait of Hormuz, a senior oil ministry official told PTI.The move comes as the widening conflict in West Asia has…
Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, said Thursday that clients on its Ripple Prime platform can now trade the full range of crypto futures listed on Coinbase Derivatives. The move gives institutions a new way to access regulated crypto derivatives within a market overseen by the Commodity Futures Trading…
File photo: Congress MP Rahul Gandhi NEW DELHI: Congress MP Rahul Gandhi said PM Narendra Modi‘s silence in the wake of “conflict” and the sinking of an Iranian warship showed that the PM had “surrendered strategy sovereignty”. The opposition party also slammed govt for “undoing” the foreign policy painstakingly built over the last seven decades.Rahul…
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and…
Petroleum is the most immediate area of exposure. In 2025, India sourced roughly $70 billion crude oil and petroleum products from West Asia. (AI image) Beyond oil, the Middle East crisis has other implications for the Indian economy, especially if the US-Israel-Iran war continues for a long duration leading to major supply disruptions. In recent…
