Digital Financial News

In the ever-evolving landscape of digital currencies, Bitcoin showcases a bullish stride, currently trading at $38,765 with a commendable increase of nearly 2% on Saturday. As December unfolds, the cryptocurrency market radiates optimism, with Bitcoin edging towards a 19-month peak, reflecting a robust commencement for crypto stocks.

Aadhaar can very well serve as a handy document since it contains our photo, address, email, mobile number, etc. It is not mandatory for the personnel verifying the identity to know exactly the full Aadhaar number. In such cases, a masked Aadhaar could be useful as it hides the first eight numbers of Aadhaar and shows all the other relevant information like Address, etc. “The mask Aadhaar option allows you to mask your Aadhaar number in your downloaded e-Aadhaar. Masked Aadhaar number implies replacing of first 8 digits of Aadhaar number with some characters like “xxxx-xxxx” while only last 4 digits of the Aadhaar Number are visible,” said the Unique Identification Authority of India (UIDAI) on their website.

Uber Technologies Inc and other companies to New York City's novel minimum wage law for app-based delivery workers, allowing it to take effect. The Manhattan-based Appellate Division, First Department on Thursday denied appeals by Uber, DoorDash Inc and Grubhub Inc after a state judge rejected their claims that the law unfairly targets their food delivery services.

search operations at six locations in Andhra Pradesh and Telangana, said a press release by the ED on Saturday. The raids were conducted on November 29, 2023 (Wednesday). «The search operations were conducted under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with an investigation regarding fraud in the sanction of loans under the Kisan Credit Card (KCC) to farmers for the construction of fish tanks,» said the official statement.

Kamboj said that India truly believes in the «transformative power» of youth. «We recognise that the path to achieving the SDGs by 2030 is through harnessing the energy, the creativity and the innovation of our young population,» she said on Thursday. «India is home to the world's largest youth population, which is very unique.

Amazon on Friday said it booked three Falcon 9 launches with Elon Musk's SpaceX to help deploy the ecommerce giant's Project Kuiper satellite network, tapping a rival in the satellite internet business for its multi-billion dollar launch campaign. Amazon aims to build Kuiper as a constellation of 3,236 satellites in low Earth orbit to beam broadband internet globally and compete with SpaceX's Starlink network, which already has some 5,000 satellites providing nearly global coverage.

markets rose for the fifth consecutive week driven by strong GDP data and a bullish trend seen in global markets. Return of FIIs, multiple upgrades of India’s economic growth by global firms, added to the overall positivity, analysts said. The IPO market also continued its momentum, which has seen five listings and out of which, four have exceeded expectations, led by Tata Technologies.

drone scheme for women’s self-help groups (SHGs) will boost opportunities and growth for the drone industry and create a win-win situation for both industry and agriculture, senior executives said. “I think this is the biggest news that the drone industry has ever received, because such amounts of funds have never been allocated (in relation to the drone industry),” Agnishwar Jayaprakash, founder and CEO of drone-maker Garuda Aerospace, told ET.

There’s some good news for CFPs in a report this week from Cerulli and SIFMA – more than ever, people want to hire them.

Canadian private capital group Brookfield has raised a record-sized US$28 billion infrastructure fund as institutional investors plough cash into strategies they expect will benefit from higher interest rates and a shift away from globalization.

As the cryptocurrency world closely watches, Bitcoin stands on the brink of a potential breakthrough, with its current price hovering around $38,150. With a substantial 24-hour trading volume of $19.4 billion, Bitcoin has shown a modest but noteworthy increase of nearly 0.50% in the last day.

Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem.

The Central Bank of Solomon Islands has revealed a partnership with Japanese blockchain Soramitsu to launch a proof-of-concept for a CBDC named Bokolo Cash.

Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam.

By Foo Yun Chee

Indian tech sector have been 'challenging', thanks to the lukewarm performance of the country's top-listed tech companies, slower growth rate and lack of near-term visibility. While the global demand environment is muted, we must not ignore the green shoots of growth:

bitcoin-tracking companies rose on Friday as the world's largest cryptocurrency extended a recent rally to touch a near 19-month high on improving risk appetite. Bitcoin, up 1.6% at $38,337, has been gaining since October on optimism that a potential approval of a spot exchange-traded fund is likely to unleash more capital investments in the digital asset sector. «Tailwinds have been gathering strength all year, especially in recent months, as spot ETF expectations build, the Binance uncertainty is resolved, and 2024's accelerated money printing becomes more inevitable,» crypto-focused economist Noelle Acheson said, referring to the bitcoin rally. Shares of bitcoin miners — whose profitability improves as bitcoin climbs — including Riot Platforms, Marathon Digital and TeraWulf rose between 1.7% and 4%.

Karnataka IT minister Priyank Kharge launched the state’s first K-VLSI (very large-scale integration) program to boost skilled talent for the Electronics System Design and Manufacturing (ESDM) sector at the Bengaluru Tech Summit. The initiative, launched in collaboration with Karnataka Digital Economy Mission (KDEM) and India Electronics and Semiconductor Association (IESA), Semiconductor Fabless Accelerator Lab (SFAL), will offer an advanced certification program in VLSI design and verification.

NEW DELHI : Hindustan Unilever Ltd is splitting its beauty and personal care business into two, one dedicated to beauty and wellbeing and the other to personal care, as it looks to take on younger, mostly digital-focused companies that are challenging the incumbents. With the transition, effective 1 April, HUL’s beauty and personal care business structure will mirror that of parent Unilever, which too has beauty and wellbeing (B&W), and personal care (PC), as separate divisions. HUL’s beauty and personal care division contributed 37% of its revenue in FY23, with brands such as Lifebuoy, Lux, Sunsilk, Clinic Plus, Dove, Lakmé, Pond’s, and Closeup.

Investing.com -- Shares in companies with ties to the cryptocurrency industry rose in premarket U.S. trading on Friday, buoyed by the price of Bitcoin touching its highest level since May 2022.

This research, announced at COP28 at two events, reveal that Ethereum has historically created 27.5 million metric tonnes of carbon dioxide equivalents (MtCO2e), highlighting the impact of crypto asset technology on sustainability and how technology can be used to help countries access funding for their Nationally Determined Contributions.