India's Enforcement Directorate has raided firms involved in unauthorized cross-border transfers using USDT stablecoins, causing a sharp supply squeeze. This crackdown has pushed the local USDT premium above 8.5%, more than double the usual 3-4%, making crypto trading more expensive for Indian users. The raids target violations under the Foreign Exchange Management Act, disrupting a popular and cheaper remittance channel for non-resident Indians. The premium reflects increased regulatory risk and uncertainty, impacting traders and creating arbitrage opportunities with regulatory risks.
Volaris Group has acquired SureView Systems, a UK company specializing in enterprise security monitoring and response software for physical and cyber domains. This acquisition enhances Volaris's security vertical by adding SureView's expertise in phy...
Skanska USA has appointed Bryan Northrop as executive vice president and general manager of its Advanced Technology unit, effective July 1. Northrop will oversee construction projects related to semiconductors and data centers across multiple states,...
Caribou Biosciences, a clinical-stage CRISPR biopharma company, announced that CEO Rachel Haurwitz will participate in a fireside chat at the H.C. Wainwright 4th Annual Cell Therapy Virtual Conference on June 30, 2026. The event highlights Caribou's ...
Elicio Therapeutics, a biotech company developing immunotherapies for KRAS-driven cancers, was added to the Russell 2000 and Russell 3000 indexes as of June 26, 2026. This inclusion marks a milestone reflecting growing recognition of Elicio's advance...
Kaltura has been recognized as a Representative Vendor in the 2026 Gartner Market Guide for Video Platform Services for the second consecutive year. The company offers AI-driven video platform services that transform video into interactive, intellige...
