Prediction markets platform Polymarket announced Wednesday the acquisition of Brahma, a financial infrastructure company that built real-time execution and settlement systems for high-volume digital asset and fintech transactions. “[Brahma has] quickly become an industry leader in building and developing programmable systems across blockchain systems, trading execution, and payments,” said Polymarket in a press release sent…
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The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the…
With an any-minute-now confirmation of Mike Selig to take over the U.S. Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her longstanding plan to jump to crypto firm MoonPay. As CoinDesk reported last month, Pham was said to be planning to take on the role of chief legal officer and chief…
Foreign portfolio investors (FPIs) extended their heavy sell-off in Indian equities this week, pulling out a net Rs 23,801 crore, as global uncertainties and rising crude oil prices continued to dampen investor sentiment.Data from the National Securities Depository Limited showed that March had already seen substantial outflows, with FPIs offloading equities worth Rs 1,17,775 crore,…
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Mani Shankar Aiyar (File Photo) NEW DELHI: After Congress dissociated itself from Mani Shankar Aiyar following his prediction that the rival Left front will win in Kerala elections, the veteran hit back on Monday saying he remains with the party even as ‘friends of Rahul Gandhi’ have left for other parties. The issue flared up…
Main course dishes at the lawyers’ canteen at Delhi high court were taken off the menu for a while on Wednesday; roti became the first casualty at Hyderabad hostels and PGs; and employees at Infosys campuses in Pune, Chennai and Bengaluru were notified that they may have to forgo dosa cravings, as the LPG scarcity…
NEW DELHI: Opposition parties disrupted proceedings in Lok Sabha and walked out of Rajya Sabha on the first day of the winter session after govt refused to concede their demand to immediately allow a debate on the special intensive revision (SIR) of electoral rolls being conducted by Election Commission.They rejected the stand of parliamentary affairs…
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