Digital Financial News

The stability of Bitcoin’s price hovering around $42,000 and the increase in interest in Borroe Finance ($ROE) leads one to expect a rosy future for the global crypto space. Now that more investors have become aware of the possible gains from investing in top crypto coins, demand for Bitcoin and new ICOs and DeFi projects like Borroe Finance ($ROE) is likely to keep growing.

Peer-to-peer Layer3 Yellow Network has announced it is launching a beta version of its testnet, along with an exclusive incentive program. Yellow will carry out a selection program to identify testers eligible to participate in network activities in return for rewards. Following this closed beta, Yellow will launch an open testnet prior to implementing the mainnet version of its counterparty settlement network.

digital payments more secure, safe and sound, The Reserve Bank of India (RBI) has now enabled card-on-file tokenisation (CoFT) through card issuing banks and institutions. So far, the tokenisation services were provided through merchants. The banking regulator, however, announced in a statement dated Oct 6 this year on development and regulatory policies that CoFT will soon be carried out directly through card issuing banks and institutions as well.

Tata Steel , Jindal Steel and Power , JSW Steel and Steel Authority of India have seen their share prices rise 9-28% year to date during 2023. The gains have been led by strong steel demand in the country even though steel prices and raw material prices saw regular volatility. The steel demand remained exceptionally strong led by Government’s spending on Infrastructure during 2023.

fulfilment automation startup GreyOrange on Wednesday said it has raised $135 million in a round led by Anthelion Capital, formerly Cowen Sustainable Investments. Existing investors Blume Ventures, Peter Thiel's Mithril Captial and Flipkart founder Binny Bansal's Three State Ventures also participated in the funding round.

Election Commission has asked political parties not to use derogatory words for persons with disabilities in public discourse, saying usage of such semantics in speech by politicians and candidates can be interpreted as an affront to such people. In an advisory issued to parties on Wednesday, the poll panel said the very foundation of democracy lies in representation of all communities in the electoral process. «Of late, the Commission has been made aware of use of derogatory or offensive language in the political discourse about people with disabilities (PwDs).

Google last week announced it would introduce updates to its application Google Maps that the company says will give users more control over their location data. What are the changes and why is this significant? An explainer. What is Google planning to change?

Intel Corporation is set to undertake its fifth round of job cuts from December 31, 2023. The company will lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as per the Hindustan Times. In an official statement to various news sources, the semiconductor giant confirmed the impending job cuts.

cryptocurrencies but overall, it would most likely be remembered as a reasonably good period in history when seen from the lens of blockchain’s evolution. Cryptocurrencies spiked significantly in the past year. Bitcoin prices rose by a whopping 165 percent, whereas Ether jumped by 84 percent between Jan 1 to Dec 20 in 2023.

online doctor consultations, the platform empowers individuals to take charge of their health without the constraints of traditional healthcare practices. Teleconsultation is a transformative healthcare practice that leverages technology to facilitate remote consultations between patients and healthcare professionals. This innovative approach comes with a host of benefits, reshaping the healthcare landscape: Bajaj Finance Limited through its partner offers eBH Health Prime Max as a pocket-friendly teleconsultation plan which is available at an affordable premium of Rs.

Ethereum (ETH) and Retik Finance (RETIK) are the two key players grabbing the attention of investors and enthusiasts alike.  Ethereum’s much-anticipated Cancun upgrade is poised to bring significant advancements, while Retik Finance positions itself as a revolutionary force in the decentralized finance (DeFi) space.

In a significant market shift, Bitcoin has soared to $43,500, marking an impressive 2.50% increase. This surge is largely attributed to the persuasive impact of spot Bitcoin ETF filings, which, even before official approvals, have intensified marketing campaigns within the crypto sector.

crypto assets have quickly evolved as a mainstream financial choice of Gen Z and millennials. The enigmatic world of virtual digital assets (VDAs), despite their complexity, represents an unparalleled opportunity to Gen Z and millennials. A prime audience More than 80% of crypto trade in India is executed by these cohorts, making them prime drivers of crypto adoption in the country. They feel independent, often with a good share of disposable income, and are not bound by investment decisions of their parents (including real estate and gold). They have found a philosophical liking to the tenets of blockchain, decentralisation and the ability to grow a multiple on their portfolios in quick time. Going beyond speculation, they must demonstrate a tendency to build a portfolio for the long term. As crypto matures as an asset class in the future, so will their enthusiasts. For the young, navigating the complexities of the crypto space while maximising returns is possible if done methodically. Let’s understand how. Building a diversified portfolio

Salaar or Dunki, which one would you prefer to watch?" People in Hyderabad were asked this question, and fans opened up. A survey by The Siasat Daily reveals a clear preference in the cinematic showdown between the Prabhas starrer and the Shah Rukh Khan movie, directed by Rajkumar Hirani. The survey indicates a significant tilt towards Salaar, with 70% favouring it over Dunki.

President Luiz Inacio Lula da Silva is known, on Wednesday accused the billionaire who owns the platform formerly known as Twitter of using irony to downplay what she called a misogynistic hacking of her account last week. Also Read: Brazil has digital public infrastructure that India could learn from “He minimizes a serious event that doesn’t just affect me, but thousands of women on his platform every day," she said in a statement.

The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million.

middle-class asset owners have begun writing their wills in late 30s or early 40s — an age bracket that doesn't necessarily spring to mind when one considers estate planning across generations. Successful individuals in this age bracket are increasingly seeking expertise and advice from lawyers and wealth management firms. The trend that began with the pandemic has now gained traction, with young professionals attaching as much importance to estate planning as they are to wealth creation. Mumbai-based virtual will writing and advisory firm, WillJini, has received about 7,000 queries in the last six months.

Razorpay and Cashfree are trying everything to win back merchants that they could not onboard earlier due to an RBI embargo, now that they have got the payment aggregator licence. Last year, the Reserve Bank of India had stopped merchant onboarding for both Razorpay and Cashfree. That embargo ended only on Tuesday when the regulator awarded them the final payment aggregator licence.

Digital Personal Data Protection (DPDP) Rules within the next fortnight and may notify the final version of the bill by the end of January 2024, sources said. A meeting of senior executives from social media and internet intermediaries was held with senior officials from the ministry of electronics and information technology on Wednesday during which important points such as child gating, the consent architecture to be framed as well as the rights and obligations of data principals were discussed, a source said.

Voice clones or deepfakes have emerged as the latest tool for cyber scammers, they said, as artificial intelligence (AI)-related scams are being increasingly reported from different parts of the country.

Narendra Modi used Bhashini, the Government of India’s national public digital platform for languages that develops services and products for citizens by leveraging AI, at two recent public events to enable travellers and students from southern India to understand his speech. Bhashini counts among its various products and technologies, real time speech to speech machine translation, and automatic speech recognition, which Prime Minister Narendra Modi used on December 19 to interact with students in various parts of India via video conferencing.