CryptoNews

DOJ Seizes $84M From Tether-Linked Payment Processor Capstone

The largest stablecoin issuer would have been using the firm as a bridge to be able to hold bank accounts in the U.S. and settle payments to “hundreds of individuals and entities.” The DOJ seized $84 million from Capstone accounts at Wells Fargo and Morgan Chase. Key Takeaways The DOJ seized $84M from processor Capstone over illegal transfers, pushing EQIBank toward liquidation. Capstone…
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CryptoNews

Binance-Owned Coinmarketcap Buys Coinglass as Data Debate Grows

Coinmarketcap has acquired crypto derivatives analytics platform Coinglass for an undisclosed sum, adding open interest, funding rates, liquidations, and options data to one of the industry’s largest market-data platforms. Coinglass will continue operating independently…
MobileNews

Lava plans smartphones up to Rs 40,000 as it pushes into higher price segments

Indian handset maker Lava International is betting that reliability, not raw specifications, will be the differentiator that finally lifts a homegrown brand out of the shadow of Chinese rivals that have dominated the country’s smartphone market for more than a decade. The company is also preparing to expand its portfolio into the ₹30,000-₹40,000 price segment next year, marking another…
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AI & RoboticsNews

Lightspeed targets $250M for new India fund, focusing on early-stage AI

Lightspeed is sharpening its India strategy around AI, targeting $250 million for a new early-stage fund as the venture firm bets the technology will drive the next wave of startups in one of the world’s largest markets. The Silicon Valley venture firm is already a major investor in AI companies including Anthropic, xAI, and Databricks. In India, it has backed Sarvam AI, one of the…
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Cleantech & EV'sNews

Mercedes-Benz gets first dibs on ProLogium's Gen4 solid-state EV battery cells

Building on its nearly 10-year history, Mercedes-Benz secured first rights to ProLogium’s latest Gen4 solid-state EV battery cells. Mercedes gets priority for Prologium solid-state batteries Battery tech is already light-years ahead of where it was just a few years ago. The next generation of batteries will be even safer and more efficient. Solid-state batteries are widely considered the gold…
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