Digital Financial News

Singapore-based Fintech BondEvalue Pte. Ltd. has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a US$6m Series B round, according to official announcement. Beacon Venture Capital joins existing shareholders MassMutual Ventures and Citigroup who also participated in the round. 

Dr. Craig S. Wright, known in the cryptocurrency world for his claim as the creator of Bitcoin, Satoshi Nakamoto, has recently penned a thought-provoking piece on «Open-Source Development.» His involvement in blockchain technology lends significant credence to his insights into the realms of digital governance and legal structures in cyberspace.

Laser Digital, a subsidiary of financial services giant Nomura, has launched an Ethereum Adoption Fund aimed at institutional investors, as announced on 9th November 2023. This fund, centered in London and Dubai, is a strategic move to bolster the presence of Ethereum in the investment portfolios of institutions, enhancing the digital asset's footprint in the global financial market.

Nearly a year after the dramatic collapse of FTX, several former executives of the defunct cryptocurrency exchange have banded together to launch a new venture in the digital currency space. This new endeavor, named Backpack Exchange, is set to reshape the crypto landscape with a focus on enhanced security and regulatory compliance.

RISC Zero, a Seattle-based pioneer in zero-knowledge (ZK) virtual machine technology, has announced a groundbreaking initiative. Through a series of tweets, the company revealed its plan to open source three major technological innovations: High-Speed Recursion, Proof Composition, and a STARK-to-SNARK Wrapper. These contributions, earmarked for release under the Apache2 licensing structure, represent a major commitment to transparency, agency, and integrity within the tech community.

Braden John Karony, the CEO of cryptocurrency company SafeMoon, has become the focal point of a significant legal battle in the United States. On November 9, 2023, New York District Judge LaShann DeArcy Hall suspended a bail release order for Karony, originally set at $500,000. This move came after federal prosecutors in New York challenged the decision of a Utah Magistrate judge, citing Karony as a potential flight risk and a danger to the community​​.

Irina Dilkinska, the former «Head of Legal and Compliance» of OneCoin, has pleaded guilty to wire fraud and money laundering charges. This plea marks a crucial step in the ongoing investigation into the multi-billion dollar pyramid scheme that defrauded investors worldwide.

Celestia (TIA) was one of the few tokens with a triple-digit price surge in November 2023. As a result, the token made it to most investors’ lists, and TIA is still on its bullish trajectory. Similarly, savvy investors are rushing to buy BorroeFinance ($ROE) tokens at the tail end of its second presale stage. Keep reading to see expert forecasts and opinions on these tokens.

FSID) within the Indian Institute of Science (IISc) has announced the launch of the Centre of Data for Public Good (CDPG). The Centre is dedicated to advancing research, innovation, collaboration, and best practices in the realm of data science, analytics, and policy to address critical societal challenges, IISc said in a press release.

The brokerage firm Interactive Brokers Hong Kong has been licensed in Hong Kong for virtual asset trading by retail clients, according to a post on LinkedIn by the Managing Director for Asia Pacific at Interactive Brokers, David Friedland.

Dutch-based cryptocurrency exchange Bitvavo has received regulatory green light in France to act as a digital asset service provider.

Navigating kids’ social media use is a complex issue in the modern day of parenting, and something parents may be grappling with as they decide whether to gift their children smart devices this holiday season.

artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong quarterly results by chipmaker Nvidia and rising optimism that US interest rates have peaked. The Global X Robotics & Artificial Intelligence ETF received $35.5 million in net inflows in the week ending on Wednesday, its strongest since June earlier this year, according to Lipper data.

This wee­k’s Bitcoin price prediction see­s some interesting e­vents affecting its path. Bitcoin is currently trading at $37,416, a slight incre­ase of 0.20% on Friday. Some of this uptick comes from Pre­sident Milei’s win in Argentina, which gave­ Bitcoin fans there a strong hope boost.

European Union’s $100-billion scientific research program, called Horizon Europe.Trudeau offered little detail about Canada’s participation in the pact this evening as he welcomed the top two heads of the EU to Newfoundland and Labrador’s capital city of St. John’s for the 19th EU-Canada Summit.Trudeau also said during his opening speech that Canada has worked out a deal to build water bombers and ship them to the EU, after both regions faced devastating forest fires this past summer.European Council President Charles Michel says the two-day summit comes at a difficult geopolitical time, as war continues in Ukraine and Israel and Hamas fight in the Gaza Strip.He says the unrest underscores a need for Canada and the EU, two long-standing allies, to work together on issues from peace and security to fighting climate change.Trudeau is expected to hold formal meetings on Friday with Michel and European Commission President Ursula von der Leyen.Ottawa and Brussels started negotiations a year ago on Canada joining the Horizon Europe scheme, with the initial goal of signing an agreement this past spring that would be in place this calendar year.The program has seen countries such as New Zealand and Israel sign up for research projects partially funded by the EU, involving themes like the digital industry, health care and climate innovation.Entrepreneurs from the St.

LED TVs, each vying for the coveted spot as the centrepiece of your home entertainment setup. From the latest in display technology to smart features that seamlessly integrate with your digital lifestyle, these TVs promise a viewing experience that goes beyond the ordinary. Whether you're a cinephile seeking a home theatre atmosphere or a gaming enthusiast craving a more immersive escape, the 65-inch LED TV market has something for everyone.

skills and talent pyramid today is skewed owing to the continuous changes and inclusion of technology in everyday activities. To understand the gap in the industry, we first need to understand the challenges the business faces currently. The most significant change in banking today is a clear shift of focus from the operational and management of money to new business and wealth creation from new and existing customers. Today, new business and current client relationship management are integral to the business.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, has achieved full subscription on the last day of bidding (November 24). At 12:30 PM, the issue had garnered bids for 7,33,03,453 shares against the available 5,59,23,660 shares, resulting in a subscription rate of 1.31 times. The retail segment displayed notable interest, with a subscription rate reaching 1.51 times.

IIFL Finance Limited, which is one of India’s largest non-banking financial companies, today said that leading rating agency CRISIL has upward revised its outlook to ‘Positive’ from ‘Stable’. The agency has also reaffirmed the long-term rating at ‘CRISIL AA’ and short-term rating at ‘CRISIL A1+’. In the rating rationale released by CRISIL Ratings said, “The outlook revision reflects the strengthening market position of IIFL Finance group and the expected sustained improvement in its profitability.

The Bank of Korea (BOK) has announced that 100,000 South Korean citizens will start making “real-world” CBDC transactions next year.

Axis Bank analyst day: Brokerages have maintained a "buy" rating on Axis Bank's stock following its analyst day, and they estimate a 13% to 23% upside for the stock. According to reports, providing comprehensive digital journeys and improving customer experiences were the main priorities of Axis Bank.