Digital Financial News

26.03 / 13:09

Digital War Department us sanctions Russia-linked fintechs hit with US sanctions

According to the US Treasury Department, the fintechs, along with two individuals, have "either helped build or operate blockchain-based services or enabled virtual currency payments in the Russian financial sector, thus enabling potential sanctions evasion".

26.03 / 12:57

BTC Digital security community Bitcoin innovations International BEVM Bitcoin Layer2 Closes Seed Round with RockTree Capital, Sathoshi Lab & 20 Others

The Bitcoin Layer2 project BEVM has announced the completion of its seed round, and also a part of its Series A round, raising tens of million USD.

26.03 / 12:35

UPS Digital Waters Software Parke IBM Universities Water Crisis: Kerala writes to top IT firms in Bengaluru, offers office space

“After we read reports of the water crisis in Bengaluru, we wrote to the IT companies offering them all facilities as well as plenty of water. We have 44 rivers, big and small, in our state, so water is not an issue at all,” Kerala Industries & Law Minister P Rajeeve told ET on Tuesday.

26.03 / 11:23

markets Provident Digital security Trade information prevention How to freeze and unfreeze your demat account? A step-by-step guide

demat account serves as a digital repository for holding securities such as shares, bonds, and other financial instruments electronically. It streamlines the process of trading and investing in the stock market by eliminating the need for physical certificates and paperwork. Despite its convenience, there are circumstances when investors may find it necessary to either freeze or unfreeze their demat accounts.

26.03 / 09:59

Digital CEO Sustainability students innovations Equality International Avanse raises ₹1,000 crore in funding round led by Mubadala

BENGALURU : Warburg Pincus-backed Avanse Financial Services Ltd, a non-banking financial company (NBFC), has raised ₹1,000 crore in equity from Abu Dhabi's Mubadala Investment Co and Avendus PE Investment Advisors, via its fund Avendus Future Leaders Fund II. “The fund infusion will enable Avanse to strengthen its position in the rapidly evolving education financing segment by focusing on creating unique customer experiences and achieving sustained profitable growth," the company said in a statement on Tuesday. Avanse Financial Services, an NBFC focused on education, offers loans to Indian students pursuing higher education both domestically and internationally.

26.03 / 09:33

UPS Digital ETF Trade Bitcoin show Bitcoin price today: steady above $70k, but ETF flows, on-chain activity slow

Investing.com-- Bitcoin price rose on Tuesday, remaining above key levels and in sight of record highs amid anticipation of the upcoming halving event, although signs of capital outflows and sluggish on-chain activity suggested that the token’s stellar rally could be slowing.

26.03 / 08:41

Digital Digital 9 Infrastructure shareholders overwhelmingly back wind-down policy

According to a stock exchange notice, the wind-down proposal was supported by 99.89% of votes cast, allowing the trust to use equity proceeds from the disposal of its wholly-owned assets to fully repay and cancel its revolving credit facility. The move follows the news that DGI9 had completed a £273.5m repayment and partial cancellation of its RCF after receiving the proceeds from its £450m sale of crown jewel Verne Global to private equity firm Ardian. Digital 9 Infrastructure completes Verne Global sale for £450m The managed wind-down was announced on 29 January following the bo...

26.03 / 07:27

markets Digital Sustainability Bitcoin Bitcoin Price innovations South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin

Nilam Resources has signed a letter of intent with Xyberdata to buy $1.70 billion worth of bitcoin amid the ongoing crypto market rally.

26.03 / 07:27

CBDC Digital Platform innovations reports testing SWIFT to Launch CBDC Platform in 2025-26: Report

SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies (CBDCs) in the next one to two years, according to a Reuters report citing the firm’s head of innovation, Nick Kerigan.

26.03 / 05:09

markets Provident Digital Coindesk Bitcoin reports fencing Bitcoin’s surge stirs crypto VC from its slumber

Crypto startups raising capital have been stuck in the mud for much of the past couple of years. They are starting to gain traction now thanks to one of the industry’s key underlying assets: bitcoin. The digital currency’s price has jumped 38% in the past month to $71,010 as of Monday’s market close and has surged 168% over the past six months, according to the CoinDesk Bitcoin Price Index.

26.03 / 04:23

Blockchain UPS Digital crypto mining Bill Russian Crypto Industry Sends Government Draft Mining Bill

Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector.

26.03 / 00:43

markets Digital Cooper Trade show testing Swift hails results of CBDC connector testing

Messaging cooperative Swift has set itself the task of ensuring interoperability between digital currencies and tokenised assets to overcome the potential risk of fragmentation, caused by the use of different technologies and with different standards and protocols. Last year it carried out sandbox testing that showed its connector technology could enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.

25.03 / 21:37

markets Digital CEO security Remark President Stock market today: S&P 500 ends lower as big tech stumble weighs

Investing.com-- The S&P 500 closed lower Monday as big tech took breather ahead of key market-moving events this week including an update on inflation and remarks from Federal Reserve officials.

25.03 / 20:05

markets Blockchain Digital Ripple SEC security Mobile SEC says Terraform Labs built a 'house of cards' as US civil fraud trial begins

By Jody Godoy

25.03 / 20:05

Digital ETF Digital Asset Bitcoin reports Spot ETFs Digital Asset Investment Products See Record Outflows of $942M After 7-Week Inflow Streak

Digital asset investment products experienced a record outflow of $942 million from March 16 to 22, marking the end of a seven-week streak of substantial inflows totaling $12.3 billion.

25.03 / 19:23

markets UPS Digital Google Apple prevention Investigations Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets

European Union regulators have opened investigations into Apple, Google and Meta, in the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets that took effect earlier this month

25.03 / 19:23

Digital Platform Tesla Research show social reports Judge dismisses lawsuit by Musk's X against nonprofit researchers tracking hate speech on platform

A federal judge has dismissed a lawsuit by Elon Musk’s X Corp. against the non-profit Center for Countering Digital Hate, which has documented the increase in hate speech on the site since it was purchased by the Tesla owner

25.03 / 19:23

markets Digital Platform Trade President social prevention Trump's social media company to start trading on the Nasdaq on Tuesday

Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday

25.03 / 13:03

Citi Digital Gap Pool trends innovations 4 disruptive tech trends shaping India’s job landscape in 2024

By Sashi Kumar

25.03 / 11:51

markets Blockchain Adoption Digital Bill reports Asset Tokenization Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens

DigiFT, a Singapore-based fintech company, has made a foray into the digital asset realm with the launch of the its US Treasury bill depository receipt (DR) tokens.

25.03 / 11:51

BTC Digital CEO marathon digital Bitcoin miners strain Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving

Marathon Digital Holdings CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April.

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