The TerraUSD scam: South Korean entrepreneur Do Kwon faces 15 year jail time; what was the ‘epic fraud’?

Do Kwon, a cryptocurrency entrepreneur once celebrated for building the TerraUSD and Luna digital tokens, is now beginning a 15-year stretch in a US federal prison. But how did the South Korean businessman ended up with a jail sentence? The 34-year-old, who co-founded Singapore-based Terraform Labs and promoted his coins as stable, innovative and built…

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Trade softly or you trade on his toes

The TOI correspondent from Washington: The apocryphal story goes that when a Bill Clinton envoy asked an Indian minister in early 1998 if New Delhi would conduct nuclear tests, he got the famous Indian headshake – the ambiguous 8-shaped nod that could mean yes or no or maybe. He took it as a no when…

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Aviation push: Adani Group enters MoU with Brazil’s Embraer to set up regional aircraft manufacturing facility

Adani Group on Tuesday entered in a strategic collaboration with Brazilian aircraft maker Embraer to set up a regional aircraft manufacturing facility in India, taking a step towards the country’s push towards indigenous manufacturing in civil aviation.Adani Defence & Aerospace and Embraer formalised the partnership with the signing of a Memorandum of Understanding, at an…

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After divorce with Natasa Stankovic, Hardik Pandya gets new tattoo for girlfriend Mahieka Sharma: Their relationship journey (so far)

After divorce with Natasa Stankovic, Hardik Pandya gets new tattoo for girlfriend Mahieka Sharma: Their relationship journey (so far) Cricketer Hardik Pandya’s love life has always been dynamic, just as his game on the field. Months after his high-profile divorce from Natasa Stankovic followed by dating rumours with Jasmin Walia, Hardik recently turned heads with…

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India-Bangladesh Ties: In bid to reset ties, Bangladesh envoy calls on EAM Jaishanakar, commerce minister Piyush Goyal | India News

NEW DELHI: As India and Bangladesh look to work towards a pragmatic reset in ties, Bangladesh high commissioner Riaz Hamidullah Friday called on external affairs minister S Jaishankar and also commerce and industry minister Piyush Goyal.Jaishankar said that the conversation with Hamidullah was focused on advancing bilateral ties. In a social media post about the…

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How subsidiary of a blacklisted Chinese company ‘fooled’ America to get banned Nvidia chips

President and CEO of Nvidia Corporation Jensen Huang delivers a speech during the Computex 2025 exhibition in Taipei, Taiwan. (AP Photo/Chiang Ying-ying, File) Inside a windowless building in Jakarta, Indonesia, approximately 2,300 of Nvidia’s cutting-edge Blackwell chips are being prepared for use by a Chinese AI company—despite President Donald Trump’s explicit opposition to selling such…

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Big injury blow for Zimbabwe: Brendan Taylor ruled out of T20 World Cup | Cricket News

Zimbabwe’s Brendan Taylor (AP Photo) Zimbabwe’s campaign at the ongoing global showpiece suffered a major setback after veteran wicketkeeper-batter Brendan Taylor was ruled out of the tournament following an injury picked up earlier this week. The experienced campaigner had limped off during the group-stage clash against Oman on February 9, where Zimbabwe secured an eight-wicket…

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