Mirae Asset, a Seoul-based financial group, is considering buying South Korean cryptocurrency exchange Korbit, the Korea Times reported on Monday. The company is in talks to acquire 92% oof Korbit for as much as 140 billion won ($97 million), according to the report, which cited industry officials. Mirae Asset, which offers asset management, wealth management,…
The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of a crypto market structure bill. In a Friday letter to Trump, House Agriculture Committee Chair Glenn Thompson and…
As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) prepares to unveil its policy decision this week, economists and industry experts are divided over whether the central bank will cut rates or maintain its current stance.The meeting, which begins on Wednesday, has raised curiosity about the central bank’s decision. Here is what the…
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NEW DELHI: Govt is staring at a major shortage of bitumen due to the ongoing West Asia conflict, which is set to impact construction and maintenance of tar roads. While the price of VG-40, the most commonly used grade of bitumen, has almost doubled since the conflict began, its availability has plummeted compared to the…
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An AI generated image used for representation NEW DELHI: For continuous ‘health monitoring’ of major and extra-long old bridges on NHs, highway owning agencies will now install advanced sensors for quick alert in case of abnormal behaviour so that corrective steps can be taken before any mishap.The road transport ministry has issued a standardised tender…
Pharos Network, a layer 1 blockchain focused on tokenized real-world assets, said it raised $44 million in a Series A round led by a mix of traditional finance and crypto investors. Backers include Sumitomo Corporation’s venture arm, SNZ Holding, Chainlink and Flow Traders, along with unnamed financial institutions the firm described as “giants in global…
NEW DELHI: Congress president Mallikarjun Kharge and leader of opposition in Lok Sabha Rahul Gandhi attended Republic Day parade and ‘At Home’ reception at Rashtrapati Bhavan but the party’s criticism of govt for not offering them front row seats in the parade triggered a row, with BJP accusing it of carrying a sense of entitlement….
New Delhi: India has become one of the fastest-growing markets for AI-generated visuals, with users creating more than one billion images using ChatGPT Images 2.0 within weeks of its rollout, according to OpenAI chief executive Sam Altman.Sharing the update on X, Altman said it was “awesome to see” the scale at which Indian users were…
