Reliance Industries plans all-new share offering in Jio Platforms IPO worth up to $4.3 billion

Tech  Reliance Industries plans all-new share offering in Jio Platforms IPO worth up to $4.3 billion  Reliance Industries is structuring the upcoming Jio Platforms IPO as an all-new share offering, meaning the company will issue only fresh equity rather than selling down existing stakes.  The offering could raise up to $4.3 billion and value Jio Platforms at roughly $112 billion, according to market forecasts.  What Jio is actually building  Jio Platforms isnt just a telecom play anymore. The subsidiary, which boasts over 500 million subscribers, has been quietly assembling a digital ecosystem that stretches well beyond mobile data plans.  In October 2025, Jio partnered with Aptos, the Layer 1 blockchain, to deliver blockchain-based rewards to its massive user base.  Then there‘s JioCoin. The reward-based token has been in testing on Polygon since March 2026, integrated directly into Jio’s browser. The concept is straightforward: users earn crypto-backed incentives for engaging with Jios digital services.  Jios Q4 FY26 net profit came in at 7,935 crore rupees, underscoring that the business generating these Web3 ambitions is financially healthy.  The India crypto puzzle  Indias crypto framework remains restrictive, with heavy taxation on digital asset gains and periodic signals from regulators that range from cautious acceptance to outright hostility.  What this means for investors  The IPO is

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Lyrie Completes $2 Million Preseed Round to Build the Security Layer for the AI Agent Era

Finance  Lyrie Completes $2 Million Preseed Round to Build the Security Layer for the AI Agent Era  Lyrie.ai, the autonomous cybersecurity platform developed by OTT Cybersecurity LLC, today announced the completion of a $2 million pre-seed funding round and the company‘s official exit from stealth. The raise will support continued platform development, security research team expansion, and the operationalization of the Agent Trust Protocol across Lyrie’s platform and partner ecosystem.  The company is preparing a Series A round to scale deployment across enterprise and government markets.  The Market Moment  Enterprise and government organizations are deploying autonomous AI agents at a pace that has outrun every existing security framework. These agents read mail, write code, execute transactions, sign contracts, and operate across sensitive systems with broad access and limited oversight. The question of who those agents are, what they are authorized to do, and whether they have been compromised has gone unanswered.  Lyrie was built to answer it.  “The agentic AI economy is being built right now, and it is being built without a security foundation. Every AI agent on the internet today is effectively anonymous. No identity verification, no scope enforcement, no tamper detection. We built the infrastructure that changes that — and we built it as

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Ethereum Price Prediction: Is ETH Preparing for a Massive Breakout in May?

Ethereum  Ethereum Price Prediction: Is ETH Preparing for a Massive Breakout in May?  The post Ethereum Price Prediction: Is ETH Preparing for a Massive Breakout in May? appeared first on Coinpedia Fintech News  After rebounding from local lows near $2,275, the Ethereum price climbed above $2,375 and is currently consolidating within a narrow range. While the broader crypto market has turned bullish with the Bitcoin price reclaiming levels above $82,000, ETH continues to trade below a crucial resistance zone near $2,400. Despite the consolidation, both on-chain and derivatives data suggest growing market strength, reinforcing the bullish outlook for Ethereum.  ETH is currently trading around $2,326, while trading volume has surged by more than 103%, signaling rising trader participation and renewed market interest. Increasing open interest, stable network activity, and growing ETH staking levels further indicate that Ethereum may be entering a strong accumulation phase ahead of a larger move.  Although the Ethereum price still faces strong resistance near $2,400–$2,500, the broader market structure suggests the token could be preparing for its next major rally. If buyers manage to push ETH above these key levels, bullish momentum may accelerate, reviving hopes of a recovery toward the $3,000 milestone in the coming weeks.  Ethereum Price Analysis: Open Interest

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Ethereum Analyst Sets $24,000 Full Parabolic Target, Here’s The Roadmap

Ethereum  Ethereum Analyst Sets $24,000 Full Parabolic Target, Heres The Roadmap  A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting a major dip to critical support levels first before a sharp rally toward $6,000. From there, he outlines a roadmap to much higher targets, with $24,000 set as the ultimate parabolic zone. The analyst has based his bullish projections on the likelihood that Ethereum can break out of a crucial multi-year channel and advance with strong momentum.  Analyst Forecasts Ethereum Price Target Of $1,700 To $6,000  Celal Kucuker, a crypto analyst on X, presented a new bullish outlook for Ethereum on May 9, outlining a steady long-term roadmap to an ultimate target above $24,000. Before this projected bullish run begins, the analyst predicts a potential drop to a price level he calls Ethereums “mega support zone.”  Kucuker has set this critical support at $1,760-$1,800, likely expecting ETH to decline to this level and form a strong enough base to set the stage for a potential new bull rally. From this area, the analyst predicts that Ethereum could reverse sharply and potentially experience its first major breakout level around $4,800, about 3% away from reclaiming its all-time high above $4,900

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Circle (CRCL) beats earnings estimates but misses on revenue amid $222 million Arc raise

Circle, issuer of the worlds second-largest stablecoin, USDC, posted estimate-beating first-quarter earnings as revenue rose 20% and it raised $222 million for its Arc blockchain network in a presale of the ARC token.  Earnings per share (EPS) of 21 cents beat analyst estimates of 17 cents, while revenue rose 20% to a less-than-forecast $694 million. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) grew 24% from a year earlier to $151 million, the New York-based company reported.  USDC onchain transaction volume jumped over 260% from the year-earlier quarter to $21.5 trillion, and USDC in circulation increased 28% to $77 billion.  The ARC token presale values the project at $3 billion. The fundraising round included investment from a mix of Wall Street heavyweights and crypto-native firms, including BlackRock, Apollo Funds, a16z crypto, ARK Invest, CoinDesks parent company Bullish, Haun Ventures, Intercontinental Exchange and Standard Chartered Ventures.  The fundraising marks Circles most ambitious expansion beyond USDC and payments infrastructure, pushing the stablecoin issuer deeper into the race to build blockchain infrastructure for institutional finance.  Circle also published the Arc whitepaper on Monday, outlining ARC as a “native coordination asset” designed to support governance, validator security and network operations across the chain.  Arc, which began testing in October,

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Iran demands US war reparations and sovereignty over Strait of Hormuz in peace talks

Tech  Iran demands US war reparations and sovereignty over Strait of Hormuz in peace talks  Iran has thrown a diplomatic grenade into the middle of peace negotiations with the United States. Rather than accept a 15-point ceasefire proposal from Washington, Tehran countered with its own list of demands: war reparations from the US and Israel, formal recognition of Iranian sovereignty over the Strait of Hormuz, sanctions relief, and the release of frozen assets.  The ceasefire plan was dismissed by Iranian officials as tantamount to “surrender.”  Whats actually happening on the ground  The current crisis traces back to US and Israeli strikes on February 28, 2026. In response, Iran took the dramatic step of blocking the Strait of Hormuz, the narrow waterway through which roughly 20% of the worlds oil supply passes on any given day.  Iran has since established a regulatory authority to oversee vessel traffic through the strait.  Iranian officials have been explicit that they want “tangible benefits” from any deal, not symbolic gestures or vague promises of future diplomatic engagement.  Global oil prices have surged in response to the blockade. Inflation concerns are mounting again.  Prediction markets are not optimistic  Odds for an Iran uranium surrender by April 30 have fallen to 45.4%. That number was higher before

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Ethereum Price Prediction: Bulls See Strongest Signal Since October

Ethereum moved back above a key weekly moving average for the first time since October 2025, putting its recovery setup back in focus. At the same time, the monthly chart shows $ETH still holding inside a long term rising channel, keeping the wider upside structure active.  Ethereum Weekly Close Above Moving Average Puts $ETH Recovery Back in Focus  Ethereum closed the week near $2,327, moving slightly above the blue moving average line on the weekly Coinbase chart. Sky said this was the first weekly close above the 20-day moving average since October 2025.  Ethereum Weekly Close Above Moving Average. Source: Sky on X  The chart shows $ETH recovering from its February and March lows near the $1,750 to $1,950 area. Since then, price has formed a steady rebound and returned to the $2,300 zone.  This close matters because moving averages often act as trend filters. When price closes above a key average, traders may read it as a sign that momentum is improving. However, $ETH still trades below the higher red moving average near $3,154, which remains a major resistance area.  Sky compared the move with the previous breakout in October 2025, when $ETH later climbed from around $2,400 to $5,000. That comparison adds attention to

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7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it to the Senate for a vote.  In an X post on Sunday, Galaxy Digital labeled Democratic lawmakers Ruben Gallego and Angela Alsobrooks as “constructive/pro-framework” when it comes to crypto. Four other lawmakers are seen as “deal-makers,” while one lawmaker is seen as “mixed.”  “If Democrats vote for the bill in markup, likelihood of ultimate passage on the Senate floor increases significantly,” Galaxy Digital said.  Passing the CLARITY Act through the Senate and into law would establish clear rules for the crypto industry in the United States, ending years of regulatory uncertainty for the sector and possibly encouraging more projects to be built in the country, though it will need bipartisan support.  Galaxy Digital speculates that seven Democrats on the US Senate Banking Committee could be swayed to approve the CLARITY Act. Source: Galaxy Digital  Mark Warner, Catherine Cortez Masto, Andy Kim and Raphael Warnock, listed as “deal-maker/conditional,” according to Galaxy Digital, as they have all shown support for the framework and voted to pass the $GENIUS Act.  However, they also want

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Veteran investor bets on Ethereum as he sees AI agents driving tokenization demand

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments.  “I dont think enough people are talking about tokenization and whats happening,” Visser told Anthony Pompliano on a podcast on Saturday, predicting that tokenization and AI will be intertwined.  AI agents cannot access banking services or credit, so their primary method of transacting online autonomously will be digital assets such as Ether or stablecoins, which do not require bank accounts, logins or human approval.  “AI agents are with us,” he said. “They need food, and that food is not physical food. It is tokens,” he added. “Theres been a shortage,” which could lead to a supply and demand issue, he continued.  Autonomous online payments have surged this year, recording more than $24 million in transaction volume over the past month on the Coinbase x402 standard, according to x402.org.  Meanwhile, crypto protocols are racing to implement agentic AI payment protocols into their blockchains. The Algorand Foundation is one of the more recent, announcing on Saturday support for agentic commerce via a partnership with Google on the AP2 Agentic Payments Protocol.  Tokenization is needed for price discovery  Ethereum is

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After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted

The rsETH crisis resulted in $200 million in bad debt on Aaves books, despite not a single line of its contracts misbehaving.  On Apr. 18, attackers that Chainalysis preliminarily linked to Lazarus compromised RPC infrastructure, forced a failover to poisoned nodes via DDoS, and injected false data into a 1-of-1 DVN configuration on KelpDAOs rsETH bridge.  The forged message released approximately 116,500 rsETH, and Aaves incident report confirmed that Ethereum accepted nonce 308 while the Unichain source endpoint never advanced past 307.  The attacker supplied the compromised rsETH to Aave and borrowed against it, resulting in bad debt and serving as a frame for the current state of DeFis security.  Exploiters extracted over $635 million across 28 incidents in April, the worst monthly total in over a year. DefiLlama puts the cumulative historical cost of hacks at $16.5 billion, with $7.7 billion specifically targeting DeFi.  The high-profile exploits on Drift and the KelpDAO bridge resulted in DeFi losing nearly $11 bilion in total value locked last month.  That contraction occurred as stablecoin rails, tokenized treasuries, and regulated settlement layers gained institutional traction in the same capital markets.  DeFi exploiters extracted $635 million across 28 incidents in April, the sectors worst monthly loss in over a year, while

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