Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO

SpaceX’s long-awaited public debut could rank among the most significant stock offerings in history, according to Brett Winton, chief futurist at ARK Invest, who argues the company’s satellite internet business alone can justify a valuation approaching $2 trillion. Elon Musk’s rocket and satellite company set an IPO price of $135 a share, valuing SpaceX at…

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Big milestone! Adani Power overtakes Infosys in market capitalisation; share rallies over 65% year-to-date

Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose…

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Stablecoins moved $35 trillion last year—but only 1% of it was for ‘real world’ payments

Stablecoins moved more than $35 trillion on blockchain rails last year, but only about 1% of that was for real-world payments, according to a new report by the consultancy firm McKinsey and the blockchain data firm Artemis Analytics. Their analysis estimated that only $380 billion of activity reflected actual payments, such as paying suppliers, sending…

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Animoca Brands clears a major regulatory hurdle with new Dubai license

Digital asset venture capital company Animoca Brands has won regulatory approval in Dubai. Animoca has been granted a Virtual Asset Service Provider (VASP) license from the Emirate’s regulatory authority for the digital asset industry, the firm announced via email on Monday. The Hong Kong-headquartered company, which won in-principle approval as a regulated fund manager in…

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Resolv Says No Assets Lost After USR Stablecoin Exploit

Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar peg and prompting decentralized finance (DeFi) protocols with exposure to move quickly to contain any fallout. Cointelegraph reported earlier Sunday that an attacker exploited USR’s minting mechanics, creating tens of millions…

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Army columns deployed in Meghalaya after 2 killed in police firing; curfew clamped | India News

Army columns were deployed in Meghalaya’s West Garo Hills district after two people were killed when security forces opened fire to disperse violent mobs amid tensions linked to the Garo Hills Autonomous District Council (GHADC) election nomination process, officials said on Tuesday.The incident occurred in the Chibinang area where clashes broke out between tribal and…

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