A large-scale fire broke out at a private company in Noida Sector 9 on Sunday. Firefighting teams are on the scene, and no injuries have been reported. The cause and extent of damage are currently unknown.
SpaceX's historic $1.77tn IPO on Friday will make it the world's largest ever, potentially making Elon Musk the first trillionaire. Despite losses, the company aims to fund space exploration and AI development, amidst a predicted banner year for AI public offerings.
Citigroup introduces a blockchain platform for tokenized shares of pre-IPO companies, targeting wealthy and institutional investors, with initial access for foreign investors and later expansion to the US.
Coinbase unveiled a new product offering pre-IPO perpetual futures contracts, allowing traders to speculate on private companies before they go public. The first offering is tied to SpaceX and is available to non-U.S. traders, aiming to provide trading opportunities even in down crypto markets.
Coinbase has launched pre-IPO markets, starting with SpaceX, offering perpetual futures contracts tied to private companies' estimated pre-listing prices to users outside the US. This move intensifies competition among crypto exchanges in tokenizing real-world assets.
Thousands in Kent faced water outages for a week during the hottest period of the year, with vulnerable residents struggling to access bottled water. Businesses lost thousands, and criticism is aimed at South East Water for failing infrastructure and executive pay, despite high customer bills.
Binance introduces pre-IPO perpetual futures contracts, starting with a SpaceX-linked product, allowing speculation on private company valuations before and after public listings. This move taps into the growing trend of crypto companies offering investment products tied to potential IPOs.
Crypto markets saw slight gains led by HYPE, while Google unveiled its new AI agent, Gemini Spark. Meanwhile, two Americans were arrested in Japan for trespassing at a zoo to promote a meme coin.
Polymarket is launching prediction markets for private companies like OpenAI and Anthropic, allowing traders to bet on milestones such as IPO timing and valuations. Nasdaq Private Market will provide resolution data.
Delhi Police have filed an FIR against a south Delhi private company's CEO accused of sexual harassment and intimidation by a former 20-year-old intern. The intern alleged inappropriate late-night calls, unwanted touching, and threats to her career. The company director and HR personnel are also accused of harassment, with the intern reportedly asked to leave early and denied documents.
CBI arrested the DGCA's deputy director general of the airworthiness directorate and a private company representative in New Delhi on Sunday. The bribery case involves Rs 2.5 lakhs, with searches revealing seizure of Rs 37 lakhs cash, gold and silver coins, and digital devices at four locations.
AI pioneer Yoshua Bengio criticizes Anthropic's restricted release of its powerful 'Claude Mythos' AI, capable of finding zero-day vulnerabilities. He argues that concentrating such critical cybersecurity decision-making in one private company, primarily US-based, risks leaving global infrastructure unprotected. Bengio calls for international oversight to ensure fair access and prevent misuse.
Crypto majors are mostly flat ahead of today’s supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10. Polygon (+11%), zec (+11%) and syrup (+7%) led top movers. Jpmorgan said the recent bitcoin and ethereum sell-off may be bottoming, pointing to improving positioning and easing downside pressure after early-year weakness. Bank of america analysts upgraded coinbase to buy, citing improved regulatory clarity, growing institutional adoption, and stronger long-term earnings visibility. Morgan stanley is planning to launch a digital wallet later this year that could support tokenized assets, including private company equity. Florida lawmakers renewed their push for a state-level bitcoin reserve. Ethereum’s validator exit queue fully cleared, easing delays that had impacted liquid staking protocols and validator withdrawals. Polygon labs unveiled the open money stack, an initiative designed to streamline stablecoin payments. Polygon is reportedly close to acquiring coinme, a major bitcoin atm operator. Trump said that he won’t pardon ftx founder sam bankman-fried.
