Congressional panels have advanced nominations for regulators who will deal with crypto, but the full Senate hasn’t confirmed them yet. We’re also running out of time for market structure. PS: I’ll be in Washington, D.C. for the Blockchain Association’s annual summit. I’d love to say hi if you’re there. You’re reading State of Crypto, a…
NEW DELHI: Govt on Saturday cracked the whip on IndiGo and other airlines charging exorbitant fares amid mass cancellations, capping domestic airfares at Rs 18,000 (UDF, passenger security fees and taxes extra). In a late evening meeting, civil aviation secretary Samir Kumar Sinha gave IndiGo two days — instead of the 21 sought by the…
For the past few years, stablecoins have been defined by a narrow reality: essentially a two-horse race between Tether’s USDT and Circle’s (CRCL) USDC, with most activity concentrated on crypto-native exchanges. What comes next looks materially different, Alchemy co-founder and President Joe Lau told CoinDesk in an interview. The near-term trajectory for stablecoins has lots…
NEW DELHI: The University of Western Australia (UWA) is going to set up two Indian campuses — Chennai and Mumbai — with the university targeting Aug 2026 to start its first academic programme from the Chennai campus.Vice-chancellor Amit Chakma told TOI in an exclusive interaction that the two campuses will function as a single UWA…
MEERUT: Stressing that “no home can be demolished without due process”, a division bench of justices Ajit Kumar and Satyavir Singh of Allahabad HC stayed the demolition of 27 houses in Bareilly’s Shahabad area in Prem Nagar, directing the civic authorities not to take any coercive action “until the competent authority passes a final order.“The…
Over a long enough time frame, every long term valuation model for bitcoin has eventually been broken, yet the one that has maintained the strongest narrative this cycle has been the power law model. Historically, in previous cycles, bitcoin has tended to overshoot this model during bull markets and fall below it during bear markets,…
Prime Minister Narendra Modi NEW DELHI: PM Narendra Modi Saturday said India was witnessing a “psychological renaissance” as it shook off the slavery mindset, which was reflected in its slow pace of development being termed as Hindu rate of growth, and asserted that the country was now the growth-driver of the global economy.The PM said…
In a perfect world, the internet works like tap water: you turn it on, and it flows. Seamlessly. Nobody really wants to think about a ‘better connection spot,’ SIM cards, or the nearest cell towers. Users just want a fast, stable connection wherever they are. The good thing is they’re quietly getting it without even…
NEW DELHI: More than 20 years after her marriage, Rousanara Begum finally heard the words she had waited for when the Supreme Court recently ruled that a divorced Muslim woman can reclaim the wedding gifts her parents gave her at the time of marriage.Now nearly 45, she told TOI on Saturday: “It started two decades…
Quad slams Red Fort blast, says bring culprits to justice NEW DELHI: Even as uncertainty looms over the Quad summit, the grouping held a meeting of its counterterrorism working group and unequivocally condemned terrorism in all its forms and manifestations, including cross-border terrorism.In a joint statement, the members also expressed their condolences for the “heinous…
