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Benchmark equity indices Sensex and Nifty closed higher on Tuesday after staging a strong intraday recovery, helped by easing crude oil prices, upbeat global cues and buying in information technology stocks.The 30-share BSE Sensex climbed 509.73 points, or 0.69 per cent, to settle at 74,616.58, while the NSE Nifty50 rose 155.40 points, or 0.68 per…
After a strong start to the week, Bitcoin (BTC) is down nearly 5%, alongside the S&P 500, DOW, Nasdaq, and Gold. Crude oil, on the other hand, has risen 7.30% and is up 53% since the US and Israel–Iran war began on Feb. 28. The collective market weakness highlights a coordinated shift in capital flows…
NEW DELHI: The ministry of electronics and information technology on Monday refuted Congress’ claim that Instagram “blocked” Rahul Gandhi’s reel and photo with newly appointed Tamil Nadu chief minister Vijay, alleging that the ministry was actively restricting the voices of opposition leaders in the country.Sources told news agency ANI that the ministry had nothing to…
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…
Vitalik Buterin, one of the co-founders of the Ethereum blockchain, said decentralization applications (DApps) could mitigate failures in internet infrastructure, such as when internet services provider Cloudflare experienced a massive outage in November. In a Thursday X post, Buterin said Ethereum needed to do more to achieve its mission of “[building] the world computer that…
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NEW DELHI: ED has come across a case where the prime targets of a scam were Muslims following sharia law, which prohibits earning interest on investments. The perpetrators targeted unsuspecting persons with a promise of profits of up to 36% per annum on their investment, and within a few years collected over Rs 6,000 crore.The…
