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Solana (SOL) DeFi platform Drift investigates suspicious activity, tells users to halt deposits

Solana-based decentralized finance (DeFi) platform Drift said it is investigating “unusual activity” on its protocol, prompting concerns that the platform may have been exploited. “We are observing unusual activity on the protocol. We are currently investigating. Please do not deposit funds into the protocol while we investigate,” Drift wrote in a post on X. “This…

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LPG shortage forces Pondicherry University to prepone exams, direct students to vacate hostels by May 1 | Puducherry News

In a circular, University registrar R Gunasekaran announced the revised academic calendar for the academic year 2025-26, reducing the number of working days to 79 from 90 “due to administrative reasons.” PUDUCHERRY: Pondicherry University has decided to prepone the examinations from May 6 to April 21 and has directed the students to vacate the hostels…

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Tax reform rollout: New Income Tax Act 2025 comes into force, CBDT calls it a shift towards simpler compliance

The Income Tax Act, 2025 came into force from April 1, marking a major overhaul of India’s tax framework, with the Central Board of Direct Taxes (CBDT) describing it as a step towards simplified compliance and a “new chapter” in tax administration, according to PTI.The new law replaces the six-decade-old Income Tax Act, 1961, and…

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Galaxy Digital’s (GLXY) testnet suffers hack but no client funds or information were compromised

Galaxy Digital (GLXY), the digital asset financial services firm founded by Mike Novogratz, said it recently contained a cybersecurity incident involving unauthorized access to an isolated development workspace, according to a statement from a company spokesperson. “An immaterial amount of company funds used for testing within the isolated development workspace was impacted,” the spokesperson said in…

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