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Time of India
6 hours ago
- Entertainment
- Time of India
Gauri Khan's restaurant chef breaks silence on viral 'fake paneer' controversy: 'It was a blessing in disguise'
When a social media influencer alleged that Gauri Khan's Mumbai restaurant Torii served 'fake paneer,' it triggered a food scandal none saw coming. The accusation, based on a self-conducted iodine test, claimed that the paneer had starch—a tell-tale sign, the influencer said, of it being inauthentic. The video gained traction fast, dragging Torii into a digital courtroom where culinary expertise was put on trial by trending hashtags. But in an unexpected twist, the fallout turned out to be more promotional than damaging. Chef Stefan Gadit Speaks Out: 'We Had Nothing to Worry About' In a candid interview with The Indian Express , Torii 's head chef Stefan Gadit broke his silence and addressed the whirlwind. 'The quality, the ingredients, everything we provide is top-notch,' he said. 'It makes an impact when we point fingers at something baseless... there's a lot of food chemistry involved. Just pouring something on food doesn't always tell the full story.' Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mouth Wrinkles Are No Match For This Little-Known Drugstore Wrinkle Cream Lift & Firm Undo The chef maintained that Torii had followed every protocol and standard when it came to food sourcing and preparation, especially for Asian-inspired dishes which often use soy-based ingredients that can react during such tests. Instead of retaliating, the restaurant decided to educate. Gadit revealed that the management reached out to the influencer for a discussion, explaining how food science works—an approach that paid off. 'He understood and took off the post,' said Gadit, emphasizing that the restaurant trusted its customers to see through the noise. MORE STORIES FOR YOU ✕ « Back to recommendation stories I don't want to see these stories because They are not relevant to me They disrupt the reading flow Others SUBMIT Negative Publicity, Positive Outcome Rather than hurting the restaurant's business, the viral moment surprisingly boosted it. 'It increased our business and I got more than 20-30 followers on Instagram,' Gadit added with a laugh. 'So that was a blessing in disguise.' This unusual outcome proves how the digital age has changed the rules of crisis management—where sometimes, even bad press can be a marketing windfall. Following the viral video, Torii had promptly issued a statement clarifying that the test conducted only indicated the presence of starch, not the authenticity of the paneer. The statement reaffirmed that soy-based elements in certain Asian dishes could trigger such results, but that didn't make the paneer 'fake.' They stood by their food, stating their 'commitment to excellence remains unwavered.' For Gauri Khan's Torii, a viral accusation became an unexpected campaign—one that not only proved their culinary integrity but also added curiosity and footfall.
Yahoo
21-05-2025
- Business
- Yahoo
Altcoin Rotation Is Coming, Expert Says: Will ETH, XRP, Dogecoin Benefit?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. While Bitcoin (CRYPTO: BTC) trades near its all time high price, Abdul Rafay Gadit, co-founder of ZigChain, believes that the broader crypto market is primed for a shift. What Happened: In an interview with Benzinga, Gadit argued that investors should prepare for a strong rotation into altcoins as macroeconomic pressures ease and interest rates begin to fall. He also named decentralized finance and tokenization as the most undervalued sectors in crypto, citing their real-world utility and long-term growth potential. "Eighty to ninety percent of tokens are down, but Bitcoin has skewed the entire market perception," Gadit said. "Once rate cuts begin and inflation stabilizes, money will flow to other assets as well." While he acknowledged the dominance of Bitcoin in attracting institutional capital, Gadit insisted that altcoins tied to productive use cases will be the next to gain traction. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Bullish On Tokenization And DeFi Gadit is particularly optimistic about the future of tokenized real-world assets (RWAs). He believes that bringing traditionally illiquid assets such as real estate, private credit, and equities onto blockchain rails will drive the next wave of crypto adoption. "The DeFi sector overall, especially tokenization, is pretty much undervalued right now," he said. "If a real use case of AI or tokenization can lower the operational costs of blockchain, it could be massively disruptive." ZigChain is currently working with Zamanat, a Sharia-compliant RWA tokenization platform, to tokenize $2.5 billion worth of real estate in Dubai over the next three years. "Think of a $15 million family office that usually can't access private credit deals with high entry minimums. Through tokenization, even those chunks can be broken down into $1,000 units and accessed globally," he said. Retail Inclusion And Infrastructure Investment While other platforms like Ondo Finance (CRYPTO: ONDO) focus on institutions, ZigChain is betting on retail adoption. Gadit emphasized that ZigChain is building an all-in-one infrastructure layer that enables tokenized assets, stablecoins, and DeFi products to co-exist seamlessly. "The end user should not even feel that they are working on a blockchain," he said. Gadit also disclosed that ZigChain is investing in acquiring a fund tokenization license from the Dubai International Financial Centre (DIFC), viewing this as a key milestone in legitimizing tokenized asset offerings. "That license alone shows how serious we are. Most serious tokenization players won't even launch their own token for the next five years—they're focused on infrastructure," he Bitcoin To Altcoins: Institutional Appetite Matures Despite ongoing regulatory shifts and geopolitical uncertainty, Gadit is confident that institutional interest in crypto is accelerating. "Every day in Dubai, I meet someone from a large family office or desk who's looking to enter crypto," he said. "It always starts with Bitcoin, but eventually they begin to explore other tokens and asset classes." He added that this institutional behavior, especially after spot Bitcoin ETF approvals, has helped Bitcoin maintain its strength above $100,000. However, Gadit expects a shift: "Barring any black swan events, I think my thesis for the next 12 to 24 months is that the market will do well, and altcoins will catch up." In terms of specific sectors, Gadit highlighted three areas with high long-term potential: Layer-1 blockchains with real use cases, exchange tokens, and tokenized assets. "DEX tokens like Uniswap and Radium will benefit as volumes shift to decentralized trading venues. Exchanges, whether Bitget or Binance, are just buy-and-hold bets for me," he added. Crypto Investing Is Maturing Gadit believes the market is becoming more disciplined in how it evaluates crypto projects. "Gone are the days when you could raise money on promises alone," he said. "Now, revenue and user adoption are the key metrics. Token price is no longer enough." He noted that many high-profile protocols have underperformed due to inflated valuations and poorly designed tokenomics. "It's the fault of the cap table. When investors are already 10x up at launch, you're racing to the bottom." Even with ongoing hype cycles, whether around AI or other narratives, Gadit believes real utility will win out. "We use AI internally to reduce costs and increase margin, but we don't shout about it. The projects that quietly solve real problems will be the ones that last." Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock Send To MSN: Send to MSN This article Altcoin Rotation Is Coming, Expert Says: Will ETH, XRP, Dogecoin Benefit? originally appeared on
