DraftKings Shuts Down NFT Business Amid Legal Battle
Arabian Post Staff DraftKings, a leading name in the global gambling industry, is ceasing its NFT operations following a pivotal legal decision. A US court recently permitted a class action lawsuit to proceed against the company, alleging that DraftKings’ NFTs qualify as unregistered securities. This lawsuit has triggered a significant shift in the company’s business strategy. The legal challenge stems from claims that DraftKings’ NFTs, which are […]

By Tirthankar Mitra Reduced to a single Lok Sabha member from West Bengal post 2024 elections, the state Congress unit is busy picking up the pieces of the jigsaw which would help it arrive at the causes of its dismal state and chart its path of revival. Apart from an organisational rejig and the search […]



By Arun Srivastava Give a bad name to the dog and kill it. This is actually happening with the railways. Recurring train accidents are the best motives for marketing the train services to private sector. Selling a profit making organisation would invite severe public outcry and criticism. It would give a bad name to the […]

By Sushil Kutty Prominent voices in Pakistan have realized that diplomatic engagement between India and Pakistan is a Pakistani pipedream. The multilateral Shanghai Cooperation Organisation summit to be held in Islamabad in October holds promise but Pakistanis know Prime Minister Narendra Modi is unbending. The setback to Modi in Lok Sabha elections 2024 hasn’t helped. […]




By K Raveendran Rahul Gandhi and a host of Congress leaders have criticised Nirmala Sitharaman and the Modi government for copy-pasting from the Congress manifesto while formulating the new budget. Looking at the issue from another perspective, they must be happy that the finance minister has given Congress their best campaign point for the coming […]

By Dr. Gyan Pathak G20 has made a history to agree on working together to ensure ultra-rich are taxed effectively, even after the United States dismissed the need for an international accord on the matter for now. The agreement was reached on July 25 at a meeting of G20 finance ministers in Rio de Janeiro. […]