Prediction markets are quickly shifting from a niche sideline to an emerging asset class, with monthly volumes around $10 billion, said U.S. bank Citizens. Though tiny next to the more than $10 trillion in U.S. equities, they are growing fast as platforms like Robinhood (HOOD), Kalshi and Polymarket scale. The bank said these markets address…
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NEW DELHI: “Iranian Navy, Iranian Navy. I will alter to starboard and go back, I will alter to starboard and go back, don’t fire…Sepa Navy, Sepa Navy, motor tanker Sanmar Herald. Sepa Navy, you gave me clearance, you gave me clearance to go. My name is second on your list, you gave me clearance to…
Uniswap Labs’ and Uniswap Foundation’s “UNIfication” proposal to activate protocol fees for the largest decentralized exchange in crypto and burn millions of UNI received overwhelming support from voters, transforming the token from a purely governance mechanism into a value-accruing asset. The proposal received more than 125 million votes in support over the five days of…
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Artificial intelligence-focused stocks are coming under pressure on Friday, dragging tech-related equities and bitcoin BTC$90,238.80 lower during the early U.S. session. Chipmaker Broadcom (AVGO), the ninth largest asset by market cap, tumbled 10% despite strong earnings as its outlook disappointed investors’ lofty expectations. The Nasdaq index was down over 1% in the first hour of…
Medical inflation is the most pressing concern at the moment. By Srikanth KandikondaAs India prepares for the Union Budget 2026-27, stakeholders across sectors are sharpening their focus on measures that can strengthen economic resilience and citizen welfare in the coming year. In the healthcare and insurance space, expectations are anchored in a sustained commitment to…
Investors may want to take a step back as stocks swing amid rising geopolitical tensions. DBi’s Andrew Beer suggests the market’s crystal ball is broken. “It’s not normal for big markets to move as much as they are right now,” the firm’s managing member told CNBC’s “ETF Edge” this week. “Something is deeply wrong in…
Logistics and transportation services provider Yatayat Corporation India Ltd has filed draft papers with markets regulator Sebi to raise funds through an initial public offering, as the road freight segment continues to see strong demand, PTI reported.According to the draft red herring prospectus (DRHP), the proposed IPO will comprise a fresh issue of up to…
Crypto platforms — and investors — have long suffered from hacker attacks and exploits. Now, artificial intelligence (AI) is making that threat even worse. That’s the view of Charles Guillemet, chief technology officer at crypto wallet provider Ledger, who said the economics of cybersecurity are breaking down as AI tools make it faster and cheaper…
