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…
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NEW DELHI: The informal group of ministers (iGoM) headed by defence minister Rajnath Singh on Wednesday directed all departments to continue focusing on preparedness, coordination and resilience building to stay ready to deal with any eventuality due to conflict in West Asia.In a post on X, Rajnath said the govt is ensuring continued availability of…
NEW DELHI: Criticising the rejection of the opposition’s notices for moving a motion seeking removal of Chief Election Commissioner Gyanesh Kumar by both the Lok Sabha Speaker and Rajya Sabha Chairman, Senior Congress leader Abhishek Manu Singhvi on Wednesday alleged that the move to reject the notice at the first step itself amounted to “strangulating”…
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Standard Chartered PLC is reportedly seeking to fully acquire Zodia Custody Ltd. to merge it with one of its digital asset divisions, sources close to the matter told Bloomberg on Wednesday. The ‘restructuring’ plan, which could come as soon as this month, contemplates merging Zodia’s crypto custody business into one of the investment bank’s divisions…
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