Solana bulls have hit the pause button after lighting up the market in November with millions pumped into the U.S.-listed spot exchange-traded funds (ETF). These spot ETFs recorded a cumulative outflow of $8.10 million on Friday, marking the first time since their inception on Oct. 28, according to data source SoSoValue. Buyers returned on Friday,…
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KOCHI: ED deputy director P Radhakrishnan, who investigated the 2020 diplomatic-channel gold smuggling case in which the then principal secretary to Kerala CM Pinarayi Vijayan was implicated, has been asked to go on premature retirement with five years of service remaining. Sources said Union govt issued the order a week ago with President’s approval.Radhakrishnan was…
The strong run in US initial public offerings has lost momentum due to the government shutdown and increased investor caution, as the Securities and Exchange Commission (SEC) works through a backlog of regulatory filings, according to market participants.Many IPOs expected in late 2025 are likely to be pushed to 2026 as the SEC clears “hundreds…
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The Comptroller and Auditor General (CAG) is developing a large language model (LLM) platform and deploying artificial intelligence (AI) and machine learning (ML) tools to strengthen public sector auditing, improve risk detection and enable faster identification of procurement concentration and cartel-risk indicators, PTI reported.Comptroller and Auditor General K Sanjay Murthy on Wednesday said the country’s…
US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…
International stablecoin payments among businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report. That figure would be 373 times greater than the estimated total value of $13.4 this year. “Stablecoins are increasingly embedded in cross-border business-to-business (B2B) transactions, treasury operations, and supply chain settlements, where their programmability and…
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