SEBI may turn to social media monitoring: Report As part of its efforts to crack down on insider trading, the Securities and Exchange Board of India is looking to approach the government for powers to intercept and decrypt messages on platforms such as WhatsApp and Telegram, The Economic Times reported citing sources. Crypto meltdown wipes away $200 billion in one day Crypto market investors lost more than $200 billion in wealth within just 24 hours as a result of a massive sell-off that was propelled by the collapse of the TerraUSD stablecoin, Bloomberg said in its report. Bitcoin fell by as much as 10% in the last day to its lowest level in 16 months, while Ether was down by 16%. US tech firms asked to store proof of possible Russian war crimes The CEOs of YouTube, TikTok, Twitter, and Meta have been urged by US lawmakers to maintain archives of content that could potentially serve as digital evidence of Russia committing war crimes against Ukraine, Reuters reported. Coinbase CEO 'misplaced' blame on RBI: Report A few days after Coinbase was launched in India, the popular crypto exchange had to suspend its UPI payment option, and recently CEO Brian Armstrong lay the blame for that at the RBI's door. But Armstrong's 'informal pressure' charge appears to be misplaced as the National Payments Corporation of India (NPCI) operates UPI, central bank sources told Economic Times. Zomato rethinks 10-minute deliveries after test run According to the Economic Times, Zomato Instant hasn't gotten off to a great start…
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