Tether Gold (XAU₮) has received Shariah certification from Amanah Advisors, confirming its compliance with Islamic finance principles such as real asset ownership and no interest or speculation. Each XAU₮ token represents physical gold stored securely in Swiss vaults, making it a compliant digital investment option for Islamic banks, institutions, and individuals. This certification is expected to accelerate adoption in Islamic finance sectors like banks, takaful providers, and halal savings products, supporting wealth preservation and collateralized financing. Tether also continues to enhance its blockchain infrastructure, aiming for broader use in Islamic financial hubs globally.
The Dolphin Company's current management proposed selling its main assets in Mexico to Delphinus Blue Planet, a Grupo Xcaret subsidiary, for $20 million. This deal would give Delphinus control over more than 90% of dolphin habitats in Mexico, creatin...
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
AI coding startup Cursor has introduced Cursor Start, a ₹649 ($7) monthly subscription tailored for India, priced below its $20 Pro plan. India is Cursor's third-largest market with rapid user growth, making it a strategic focus for expansion. The pl...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
