Opinionated, data-backed coverage across all asset classes

Marico targets ₹15,000 crore revenue by FY27, focusing on profitable growth. CEO Saugata Gupta outlines premiumisation push, digital brand scaling, and selective price hikes amid crude volatility.

India's proposed UPI merchant discount rate of 25-30 bps on high-value transactions could generate ₹5,000-13,000 crore annually for payment firms, shifting focus from consumer acquisition to merchant servicing.

Fraud alerts now reach banks and crypto exchanges simultaneously under Bill 8722, closing the window for moving stolen funds into digital assets.

Kalshi contracts for CLARITY Act passage before July 2027 fell 8 points to 41% after Thune skipped cloture. $5.42M in volume traded. Senate recess looms.

Decentralized exchanges captured $12.8B of the $18.2B total. Binance's bStocks platform hit $500M in assets within seven weeks of launch.

Binance affiliates allege RedotPay breached a partnership by diverting over 470,000 users and $304M in funds. The lawsuit threatens RedotPay's planned $4B IPO.

Digital lender posted $4.2B in originations and record 558K loans. CEO Gu called personal loans the company's "superpower" as OCC approval for Upstart Bank, N.A. nears launch.

Binance affiliates claim RedotPay diverted over 470,000 users from the Binance Card program, seeking $473M in damages. RedotPay says it will fight the allegations. A Singapore hearing is set for Friday.

Galaxy Digital's $85M Q2 loss halved from Q1 as Helios data center turned profitable with $20M gross profit. The CoreWeave lease drives revenue, yet tenant concentration and buildout costs pose risks.

Tokenized equities captured 2.3% of SPY's July volume, up from 0.4% in June, as Binance's bStocks hit $500M market cap and drew $300M in fresh capital.

A journalist's move from California to Florence exposed the 10,000-step target as a 1965 marketing gimmick. Walking for pleasure, without a tracker, may be better for health than chasing an artificial metric.

Japan's FSA launches a dedicated crypto division Friday, consolidating oversight and raising the penalty for unregistered operators to 10 years in prison and fines of ¥10M.