A new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now live on mainnet, giving users and developers a way to move assets directly between the two ecosystems. Secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, the Base-Solana bridge enables trading and usage of Solana-based tokens, including SOL…
NEW DELHI: Aam Aadmi Party (AAP) National Convener Arvind Kejriwal on Thursday expressed his heartfelt condolences over the passing of former Mizoram governor and senior Advocate Swaraj Kaushal.In a post shared on X, Kejriwal described Kaushal as a “distinguished legal luminary” whose contributions to public life and the legal fraternity would be remembered for years…
BENGALURU: Bengaluru-based electric motorcycle maker Ultraviolette has raised $45 million in fresh growth capital from Zoho Corporation and European investment firm Lingotto as part of its ongoing Series E round.The company said the funding will be used to scale production and sales of its flagship F77 electric sportbike and the new X‑47 crossover, and to…
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment in the equity market and raised fresh concerns for investors. The breach of this psychological level has come on the back of weak capital flows, steady demand for dollars from importers, and…
A cryptocurrency investor has made a donation of 9 million pounds ($12 million) to U.K. political party Reform, according to a filing by the Electoral Commission on Thursday. The donation by Christopher Harborne, a Thailand-based entrepreneur who has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to a Financial Times report, has been…
India’s central bank will allow the rupee to weaken as the country’s external position comes under strain from slowing dollar inflows, widening trade pressures and heavy foreign selling in domestic markets, according to sources cited by news agency Reuters. The Reserve Bank of India (RBI), which had been actively supporting the currency until last month…
NEW DELHI: Vietnamese auto company VinFast is doubling its India investments to Rs 9,000 crore ($1 billion) as the company — which has already started sales of electric cars — sets up an all-new factory for e-2Wheelers and buses.The company signed a MoU with the Tamil Nadu govt for a 500-acre land parcel in SIPCOT…
Continuing his japan tour, CM firms up investment worth Rs 500 crore on third day CHANDIGARH: Japanese steel giant Aichi Steel agreed to expand its collaboration with Vardhman Special Steels in Punjab, entailing an investment of Rs 500 crore, according to an official statement.Aichi Steel and Vardhman Special Steels signed an MoU in the presence…
BENGALURU: At India Blockchain Week in Bengaluru on Monday, Rahul Sanskrityayan, Specialist Consultant for Blockchain at NPCI, said the Reserve Bank of India’s programmable central bank digital currency (CBDC) is already live with participating banks and is being used by the government for targeted subsidy transfers.Sanskrityayan said programmable CBDC allows funds to be restricted for…
(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore (about $253 million), doubling down on early stage consumer brands as it chases the next wave of health, wellness and lifestyle companies in India. The new vehicle takes the firm’s total assets…
