Centre blocks web platforms of offshore crypto apps, including Binance, Kucoin and others

India blocked access to foreign cryptocurrency exchanges like Binance, Kucoin, and OKX, as well as virtual digital asset service providers. The Android versions of these apps are also expected to be removed.

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Bitwise bitcoin ETF draws most inflows on first trading day, company says

Bitwise reported that its spot bitcoin ETF received the most inflows out of the 10 products that began trading on Thursday. The SEC approved 11 spot bitcoin ETFs this week, including BlackRock's iShares Bitcoin Trust and Grayscale Bitcoin Trust.

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US firm ACI Worldwide sees a spot in cross-border payments business here

Says technology for cross-border payments is already available, needs regulatory push for greater adoption

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K-12 edtech startup ConveGenius raises $7 million in funding

ConveGenius, a K-12 edtech startup, has raised $7 million in funding led by UBS Optimus Foundation. The funding round also saw participation from Mount Judi Ventures and existing investors. ConveGenius provides schools with conversational AI tools like chatbots.

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Indian govt should continue to keep China apps in check: FCC Commissioner Brendan Carr

The chief of FCC also said he found the work India is doing to provide access to the internet and telecommunication services to every citizen “very admirable”.

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The Baker’s Dozen raises Rs 33 crore in funding round led by Wipro Consumer VC unit

The funds will be used to enhance distribution growth, expanding reach into non-metro cities and international markets. It will be also employed for brand-building and marketing initiatives.

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SaaS accelerator Upekkha announces first close of $40 million VC fund

The fund was created with a leading investment from WestBridge Capital, among other limited partners including Godard Abel, founder and CEO of G2, a business-to-business marketplace that ranks SaaS companies.

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