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Ripple is trying to put XRP and RLUSD into the market for AI-agent payments in an environment that is still mostly paying in the dollar-pegged USDC stablecoin. The company introduced the XRPL AI Starter Kit earlier this week, a set of developer tools for building AI agents that can send payments on the XRP Ledger,…
The Iranian Embassy in India on Saturday rejected US President Donald Trump’s allegation that Iran was behind the drone attack on Indian vessels in the Strait of Hormuz, calling the accusation “baseless.” The embassy further slammed Washington, accusing it of attempting to divert attention from the recent strikes on ships carrying Indian crew members.In a…
Investors gave SpaceX a blockbuster welcome on its stock market debut, sending the company’s valuation above $2 trillion and cementing its place among the world’s most valuable listed firms.After raising $75 billion in the biggest initial public offering ever, SpaceX began trading under the ticker SPCX at $150, an 11% premium to its IPO price…
US investment groups are racing to capitalise on the reopening of Venezuela’s oil sector, targeting underinvested oilfields and launching new investment vehicles after US President Donald Trump’s January call for companies to invest $100 billion to help rebuild the country’s energy industry, the Financial Times reported.Among the early movers is Miami-based Lionheart Capital, which has…
Elon Musk‘s aerospace company raised a whopping $75 billion by selling 555.6 million shares, or about 5% of its stock, in Friday’s much-awaited market debut. However, in the weeks ahead, SpaceX could fetch billions more!A mechanism, known as a greenshoe option, gives Morgan Stanley, the stabilisation agent for the listing, the right to buy additional…
NEW DELHI: The govt has appointed Lieutenant General Dhiraj Seth, currently serving as the Vice Chief of the Army Staff, as the next Chief Army with effect from June 30. The present Army chief General Upendra Dwivedi retires from service the same day.Over a distinguished military career spanning nearly four decades, Lt General Seth has…
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