AVAX One Technology (AVX), an Avalanche-centered digital asset treasury company with hedge fund veteran Anthony Scaramucci heading the advisory board, is the latest to turn to share buybacks to arrest plunging stock prices. The firm said Thursday its board authorized an up to $40 million stock repurchase program, which will be executed at the company’s…
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BENGALURU: A small, dissolving tube developed in a Bengaluru lab is moving a step closer to hospital use, offering a way to avoid repeat procedures after major abdominal surgeries.The device, called the “Asthana Stent”, is the result of a collaboration between liver transplant surgeon Sonal Asthana of Aster CMI Hospital and researchers led by Kaushik…
Crypto exchange Kraken, which announced four months ago that it planned to go public, has put its plan on hold, according to two people with knowledge of the matter. The company is still considering an initial public offering, but probably not until market conditions improve, said the people, who spoke on condition of anonymity because…
Ethereum co-founder Vitalik Buterin said he is starting to “worry” about the direction of prediction markets and suggested that they shift to become marketplaces to hedge against price exposure risk for consumers. Prediction markets are “over-converging” to “unhealthy” products that are focused on short-term price betting and speculative behavior as opposed to long-term building, Buterin…
As the Middle East crisis escalates, concerns have grown over a possible rise in petrol and diesel prices. However, despite a sharp increase in global crude oil prices, fuel rates in major Indian cities have remained unchanged. Consumers can breathe a sigh of relief as retail petrol and diesel prices in the country are not…
The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches. Source link
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VHP flags minority ‘atrocities’ to UNGA chief ahead of India visit NEW DELHI: A day ahead of UN General Assembly president Annalena Baerbock’s visit to India, the Vishva Hindu Parishad (VHP) has written to her flagging what it termed “persistent atrocities” against religious minorities in Pakistan and Bangladesh, seeking urgent intervention from the United Nations.In…
