Leading bitcoin treasury company Strategy (MSTR) has proposed shifting the dividend payment schedule on its perpetual preferred equity, Stretch (STRC), from monthly to semi-monthly. The amendment, outlined in Strategy’s investor presentation, would keep the 11.5% annualized dividend rate and total annual obligations unchanged (currently $1.2 billion). Holders would receive payouts roughly every two weeks instead…
NEW DELHI: PM Narendra Modi on Saturday launched a fiery attack on opposition for defeating the proposed amendments to “women’s reservation law,” as he accused them of committing “bhrun hatya” (feticide) in Parliament by scuttling his govt’s “honest attempts” for rollout of 33% quota for women by 2029 and increase in the Lok Sabha seats…
KOLKATA: “Don’t lecture me on women’s reservation,” Bengal CM Mamata Banerjee said on Saturday, adding that back in 1998 she had raised this issue in Parliament. She said PM Modi’s speeches were “full of lies” and that he was “forced” to address the nation because “their (BJP’s) fall began yesterday”. Banerjee pointed out that over…
A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC on Saturday, worth roughly $292 million at current prices…
Sonia Gandhi and Rahul Gandhi (PTI image) NEW DELHI: A Delhi court Saturday directed Congress parliamentary party chairperson Sonia Gandhi to file written submissions in a criminal revision petition alleging fraudulent inclusion of her name in electoral rolls prior to acquiring Indian citizenship, listing the matter for May 16. During the hearing, the counsel for…
NEW DELHI: Amid firing by Iranian gunboats that caused two Indian-flagged tankers to turn back from Strait of Hormuz on Saturday, the tenth Indian-flagged vessel crossed the strait. Desh Garima, carrying crude oil, was on its way to Mumbai port. Iran had been sporadically allowing Indian vessels to sail through since it decided to block…
The largest aluminum producer in the U.S., Alcoa, is close to selling its idle Massena East smelter in upstate New York to bitcoin firm New York Digital Investment Group (NYDIG), as it offloads dormant assets and taps demand for energy-ready industrial sites. The company’s chief executive officer, Bill Oplinger, said the company is in advanced…
SRINAGAR: A large crowd gathered outside the district jail in Leh on Saturday to welcome the release of former Congress councillor Smanla Dorje Nurboo (36) and former Congress J&K MLA Deldan Namgail (47) after the Jammu and Kashmir high court granted them bail.Police had arrested Namgail on Sept 26, 2025, and Nurboo a day later,…
A bitcoin mining pool built to reject both the industrial pay-per-share model and the pure lottery approach has now proved its design works. Twice. Upstart mining pool Parasite Pool mined block 945,601 on Friday morning, its second block since launching in April 2025 and roughly 48 days after the pool’s first block at #938,713 in…
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