EOS Soars on Vaulta's Rebrand Announcement

On Wednesday, Vaulta announced that EOS will officially rebrand to A, introducing a 1:1 token swap as part of the project's transformation.

The crypto market is seeing green today with EOS leading the charge. Its price is up 19% over the past 24 hours and currently trades at its highest price in 30 days.

The surge follows two major catalysts: a dovish signal from the US Federal Reserve and the announcement of EOS’s rebrand to A, marking a new chapter for the project.

As the apex court prepares to pronounce its verdict on Thursday in the same-sex marriage case, a writ petition was filed in the Delhi High Court seeking to declare Section 49 of the Indian Penal Code (IPC), which defines marriage as a union between a male and female, as "unconstitutional and void".

The petition, filed by lawyer Ananya Aggarwal, also seeks to declare that "any legal, social and religious practice, custom or tradition which prevents same-sex couples from marrying is unconstitutional and void".

"In essence, the plea aims to secure equal marriage rights for same-sex couples in India, a groundbreaking step forward in the ongoing struggle for LGBTQ+ equality," her legal team at AZB & Associates said in a statement.

The petition argues that the existing legal definition of marriage as a union between a male and female is discriminatory and violates the fundamental right to equality guaranteed by Article 14 of the Indian Constitution.

It further contends that the inability of same-sex couples to marry infringes upon their personal autonomy and self-determination, which are protected by Article 21, which guarantees the right to life and liberty.

"The court should declare that any legal, social and religious practice, custom or tradition which prevents same-sex couples from marrying is unconstitutional and void," the plea urges.

Highlighting the urgency of the matter, the petition notes that same-sex couples in India are currently unable to marry despite having the capacity and willingness to do so.

"This exclusion has a profound impact on the lives of same-sex couples who are unable to enjoy the legal, social and economic benefits of marriage," it adds.

The apex court is set to deliver its verdict on Thursday on petitions filed by same-sex couples seeking legal recognition for same-sex marriage in the country.

The Centre had told the court that it vehemently opposes same-sex marriage and prefers to leave the matter to Parliament.