Latest News

September, 2025

  • 2 September

    ETPs Corner 7% of Bitcoin’s Max Supply as Institutional Demand Grows

    Bitcoin exchange-traded products (ETPs) now control 1.47 million BTC, roughly 7% of Bitcoin’s 21 million coin cap, signaling robust institutional demand as of August 31, 2025. US spot ETFs, led by BlackRock’s iShares Bitcoin Trust (IBIT) with 746,810 BTC, dominate, holding 1.29 million BTC, per HODL15Capital data. This milestone reflects a shift toward regulated investment vehicles, offering accessible exposure to …

  • 2 September

    Sky’s $75M Buyback Sends SKY Token Soaring 8% in 6 Months

    Sky, the decentralized finance (DeFi) protocol formerly known as MakerDAO, has propelled its SKY token up 8% over the past six months through a strategic $75 million buyback program launched in February 2025. The initiative, funded by Sky’s USDS stablecoin, aims to reduce the circulating supply of SKY, enhancing scarcity and supporting price stability. Since starting, Sky has repurchased 1.17 …

  • 2 September

    DEX Bunni Hacked: $2.3M Lost in Smart Contract Exploit

    Decentralized exchange (DEX) Bunni suffered a devastating $2.3 million hack due to a smart contract vulnerability. The exploit, linked to flawed contract logic, allowed attackers to siphon funds from liquidity pools, impacting users and providers. Blockchain security experts confirmed the breach, with stolen assets traced across multiple wallets, some moved to privacy-focused platforms like Wasabi. Bunni’s team swiftly paused operations …

  • 2 September

    Over a Billion Pesos: Binance Fuels Mexico’s Fiat Service Growth

    Binance, the world’s leading cryptocurrency exchange, is investing over one billion pesos ($53 million) to expand fiat-to-crypto services in Mexico through its new entity, Medá, a regulated Electronic Payment Funds Institution (IFPE). Announced on September 1, 2025, this four-year investment aims to enhance digital financial access for Mexico’s 125 million-plus population, positioning the country as a Latin American fintech hub. …

  • 1 September

    Educate Girls: First Indian Org to Win 2025 Ramon Magsaysay Award

    Indian organization ‘Educate Girls’ has been selected for the 2025 Ramon Magsaysay Award, becoming the first Indian organization to win this prestigious Asian honor. ‘Educate Girls’ thanked the central government for its support. The organization works to bring education to girls in remote villages who are often kept out of school due to cultural conservatism. It has reached over 30,000 …

  • 1 September

    Science and Commerce Education in Rural Areas

    This thought was crystallised by Ms Komal Jaiswal, Startup Founder (GreenAffairs). Her work on soil testing (she is deep into it, don’t confuse it with the standard test), then the advisory etc. she generates, lead her to believe one main reason for the lack of diversification or even knowing the correct amount of inputs and the varied aspects of costing …

  • 1 September

    The Triangle of Trade: US, China and India

    When global trade is discussed, three giants dominate the landscape: the United States, China, and India. Each plays a distinct role—America offers market clout, China delivers manufacturing might, and India brings entrepreneurial zeal. But the interplay between them now shapes the survival and growth of industries like mine. Numbers That Tell the Story In fiscal year 2024–25, India’s exports to …

  • 1 September

    PM Modi Describes Meeting with President Xi as Fruitful

    Prime Minister Narendra Modi posted on ‘X‘ about his meeting with President Xi Jinping in Tianjin during the SCO Summit. PM Modi described the meeting as fruitful, noting that they reviewed the positive momentum in India-China relations since their last encounter in Kazan. Both leaders agreed on the importance of maintaining peace and tranquility in border areas and reaffirmed their …

  • 1 September

    ED Arrests Amit Aggarwal in Rs. 696 Crore Forex Remittance Scam

    New Delhi: In a significant enforcement action, the Enforcement Directorate (ED) arrested Amit Aggarwal on 30th August 2025 under the Prevention of Money Laundering Act (PMLA), 2002. The arrest stems from an ongoing probe triggered by a Delhi Police Economic Offences Wing (EOW) FIR, which cited offences including cheating, forgery, and conspiracy under IPC Sections 420, 467, 468, 471, and …

  • 1 September

    ED Attaches Properties Worth Over ₹394 Crore in Bikebot Scam Case

    Enforcement Directorate has provisionally attached immovable and movable properties worth over 394 crore rupees in the Bikebot Scam Case under the provisions of the Prevention of Money Laundering Act. The properties were held in the name of Kamakhya Educational and Social Welfare Trust, Kamakhya Educational Society, Alpine Technical Education Society and AP Goyal Charitable Trust. The agency said that Garvit …