City Delhi Financial News

SportZchain has announced a partnership with Iceland Cricket Association (ICA), wherein the former will be launching exclusive fan tokens as the association's official NFT partner. The official launch of fan tokens and the NFT collection for ICA will take place in the second half of 2022, the platform said in its release. SportZchain has signed a three-year deal with ICA, under which it will become the lead sponsor for the association. The company's logo will also be on the front of the team's jersey.

Crypto exchange CoinDCX, on the occasion of International Women's Day, shared that the exchange has only 15 per cent female users, compared with 85 per cent male users, with much room for growth for the former. Further, 35 per cent of the women user base comes from Tier I cities, whereas the remaining 65 per cent hails from Tier II, Tier III and other smaller towns. Among metro cities, Delhi, Hyderabad, Kolkata lead the charts in terms of numbers of female investors, whereas Jaipur, Patna and Lucknow have the highest concentration in non-metro cities.

International Women's Day on Tuesday, March 8, crypto exchange BuyUcoin released a report highlighting increasing participation from female investors on its exchange. The homegrown crypto player has more than 1.2 million registered crypto investors on its platform, of which every third investor is a woman. Women users have seen a growth of 130 per cent on a year-on-year (YoY) basis with an average ticket size of up to Rs 18,000-19,000, revealed a study by the platform.

The Advertising Stands Council of India (ASCI) released a set of 12 guidelines for promotions and advertisement of virtual digital assets (VDA), including cryptocurrencies, on Wednesday.

IndusInd Bank Limited has moved National Company Law Tribunal (NCLT), Mumbai Bench claiming default of Rs 83 crore by Zee Entertainment.

The global cryptocurrency market capitalisation rose by 0.50 percent over the last 24 hours to $1.63 trillion, while the trading volume over the same period rose substantially by 53.02% percent to $128.16 billion.

In 2019, a Delhi-based businessman had registered a complaint at the Pashchim Vihar police station, alleging that he had been defrauded of his cryptocurrencies, which included Bitcoin, Ethereum and others, worth Rs 30 lakhs, which had subsequently been transferred to unknown accounts.

Mumbai: Indian crypto investors, most of who have jumped on the crypto bandwagon in the past year, are a jittery lot as cryptocurrencies again fell sharply across the board in the past 24 hours following a selloff led by technology stocks in the US on Friday. “I started investing last year after being influenced by friends and business partners,” said Gopala Somani, a Delhi-based crypto investor. “I kept investing even till the last week, thinking it was time to buy the dip. But now I am stuck. My portfolio is down and in the red. If I sell, it will be a significant loss.”Bitcoin was trading at $35,572, while other major altcoins were also down by double digits, at 5 pm, Saturday, on Coinbase. Bitcoin has dropped 17% in the past week, Ethereum 26.66%, Binance Coin 28.74%, Cardano 19.43%, and Solana 31.90%. The popular meme coin, Shiba Inu, dropped 30.03%, while DogeCoin slid 32 % in the past seven days. At 5 pm on Saturday, the Coinable website said the overall market was down 12.19%.

SportZchain is equipping fans with Sportz tokens and exclusive NFTs as the blockchain-powered platform as tied up with the Pro Kabaddi team Dabang Delhi. As part of this collaboration, SportZchain’s logo will be endorsed on the sleeves of Dabang Delhi players during their upcoming matches in the Pro Kabaddi League (PKL).

One of the biggest revenue generators of Haryana and the industrial town of NCR, Faridabad is taking giant leaps forwards in terms of development with infra boost and economic growth. The city is surrounded by Delhi, Gurgaon, Greater Noida, and Noida, and is easily accessible from popular business centers of the National Capital Region (NCR).

Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai.

The DDA will offer nearly 15,000 flats in its new housing scheme, officials said on Wednesday. The flats of different categories located at Dwarka, Narela, Rohini and Jasola, among other places will be offered under this scheme and are those which remained “unsold in previous housing schemes” of the urban body, the DDA said in a statement.

India's Supreme Court has called for a "pollution lockdown" in the capital New Delhi to protect citizens from toxic smog.

MUMBAI: Bitcoin may be a household name today, but there are various types of cryptocurrencies that exist. Ever heard of a cryptocurrency bearing the trade

Leading real estate developer Eldeco Group has raised Rs 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd. The Eldeco Group plans to deploy the capital raised in mid-income residential projects in Delhi NCR.