Rescue workers on Monday combed through the rubble and debris of Karachi’s Gul Plaza in the aftermath of a deadly fire over the weekend. The fire started late on Saturday at Gul Plaza, which houses 1,200 shops in a multi-storey complex. The blaze in Karachi’s historic centre raged for more than 24 hours before it was mostly extinguished. Videos showed flames ripping through the building as firefighters laboured through the night to put out the blaze. On Monday, they began cooling the structure and clearing twisted metal and debris strewn across the street, along with fallen air-conditioning units and shop signboards. A firefighter works next to the smoldering remains of Karachi’s Gul Plaza shopping mall on January 19, following a massive fire that broke out. — Reuters Police officers, rescue workers and shopkeepers gather at Karachi’s Gul Plaza shopping mall on January 19 after a massive fire broke out. — Reuters Rescue workers search for victims on January 19, following a massive fire that broke out in Karac...
The platform remains subject to regulatory approval and would mark a cautious step toward onchain markets. The New York Stock Exchange is developing a new platform to trade tokenized stocks and exchange-traded funds (ETFs), part of a broader effort to modernize market infrastructure using blockchain-based settlement. On Monday, the NYSE and its parent company, the Intercontinental Exchange (ICE), announced the development of a new platform with 24/7 trading and instant settlement, combining the company’s Pillar matching engine with blockchain-based post-trade systems, including multi-chain support for custody and settlement. Subject to regulatory approval, the platform is intended to underpin a new NYSE trading venue for tokenized securities, including stocks and ETFs issued in digital form. Read more