Tue, Jun 28, 2022 8:51 AM
Bitcoin plunges 2.36%, Dogecoin tanks 7.06% as crypto market trades in red
A Flip by Shubhra
Bitcoin Layer-2 Network Stacks Witnesses Surge in Active Users. The leading Bitcoin layer-2 (L2) network, Stacks, has achieved a remarkable milestone with its highest number of active users to date. During April, Stacks recorded a new all-time high of 122,497 active accounts, indicating a surge in interest in Bitcoin-native decentralized finance (DeFi).
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In a sign of positive sentiment for Indian aviation industry, India's largest airline IndiGo has announced a one-time special bonus for its employees. It said that it will process a one-time special bonus amounting to around 1.5 months of basic salary, as per a communication sent to IndiGo staff. This amount will be disbursed to employees, along with the salary for May as an ex-gratia sum.
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After a strong rise in the number of initial public offerings (IPOs) in the financial year 2023-24 (FY24), the mainboard IPO market witnessed a slump in the first month of the financial year 2024-35 (FY25), April. The current market volatility, election season, and foreign investment outflows in April are being blamed for a lull in the mainboard IPO space.
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