Digital Financial News

On October 31, the Japanese government announced the freezing of assets belonging to nine individuals and one cryptocurrency trading company accused of financially aiding the Palestinian militant group Hamas, as per Kyodo News. This action comes amidst an ongoing conflict between Israel and Hamas, with other nations like the United States taking similar steps to curb the financial streams that fuel Hamas's activities.

AI), automation and analytics by 2028 in Asia/Pacific Japan — driving agile, insight-driven digital businesses The rapid and expansive growth of AI in the digital business landscape emphasises the widening application of AI and the challenges and considerations for its effective implementation, according to the International Data Corporation (IDC).

Federal prosecutors say a former Indiana lawmaker has agreed to plead guilty to a federal charge alleging that he accepted promises of compensation from a casino company during his time in public office

Board members from Hollywood’s actors union have voted to approve the deal with studios that ended their strike after nearly four months

Bitcoin is climbing for a fourth consecutive week, with the digital token’s price lingering just below an 18-month high of $38,000, as more investors bet that US exchange-traded funds that hold the largest cryptocurrency are on the verge of winning regulatory approval. “We are referring to the current Bitcoin rallies internally as, ‘nothing for sale’ rallies, said Stephane Ouellette, co-founder and chief executive of FRNT Financial. “On even the slightest positive news, whether ETF related or otherwise, Bitcoin is seeing very little resistance to the upside and is having the propensity to ‘gap.’ The dynamic speaks to the impressively strong price base Bitcoin has developed post-FTX.” Bitcoin rose as much as 2.5% to $37,465 on Friday. It climbed within a hair of $38,000 on Thursday, the highest price since May 2022. That was when the collapse of the TerraUSD stablecoin set off a chain of failures across the sector that culminated in the implosion of Sam Bankman-Fried’s FTX exchange a year ago from tomorrow. The US Securities and Exchange Commission is expected to approve a spot Bitcoin ETF by Jan. 10, according to Bloomberg Intelligence analysts. Bitcoin has surged almost 40% over the past four weeks on growing speculation that approval was imminent.

The Singapore High Court has ordered cryptocurrency lending platform Hodlnaut to undergo liquidation, as stated in a court document dated November 10. 

By Suneet Singh Kochar

As the festival approaches, many are gearing up to host the ultimate Diwali party and if one of those people, here's your comprehensive guide to creating an unforgettable event that combines tradition with modern flair.

France, whether it be in the fields of business, innovation, education, culture or science. The campaign’s ambassadors include footballer Kylian Mbappé, astronaut Thomas Pesquet, designer Philippe Starck, and world-renowned chef Mory Sacko. India is one of the five countries selected by France as a priority for this campaign, reflecting the importance of India for the French government.

electric SUV was completely concealed with black tape, preventing the disclosure of its contours and body lines. Additionally, the glass area of the rear tail lamps was omitted to conceal the design of the tail lamp. However, in a brief video, a partial glimpse of the front headlamp design is discernible.

deepfake technology becoming a rising threat in audio, video, and photo format. The recent incident of a deepfake video involving popular actor Rashmika Mandanna has shocked viewers. It has not only stirred the Bollywood industry but also the government to take strict action against this growing menace.

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission.

World Cup with the tournament on track to become one of the most attended ICC events in history. With six games to go, the millionth fan came through the turnstiles during the match between Afghanistan and South Africa at the Narendra Modi Stadium in Ahmedabad on Friday, the ICC said in a media release.

This is in stark contrast to one of the toughest placement seasons in recent memory faced by students at the country's top B-schools and engineering institutes as the technology sector — the biggest recruiter of white-collar talent — has cut fresher hiring amid macroeconomic uncertainty.

Gold sales on Dhanteras surged to a record on Friday amid a revival in growth across consumer products such as smartphones, televisions, home appliances and apparel, as well as restaurants, after more than a year during the ongoing festive season. Demand for gold in the country increased about 7.7% by volume to an estimated 42 tonnes and 10% by value to ₹22,000 crore, according to the India Bullion and Jewellers Association (IBJA).

BRUSSELS (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) and social media company Snap have been given a Dec. 1 deadline by the EU to give more information on how they protect children from illegal and harmful content, the European Commission said on Friday.

Banking firm JPMorgan has rolled out a programmable payment feature for institutional users of its blockchain-powered payment system, JPM coin.

The Chinese government has released a statement declaring that anyone caught stealing digital collections, which include digital collectibles such as NFTs, will be subject to criminal penalties.

gifting companies are feeling the freeze of the slowdown in the IT and IT-enabled services sector this Diwali season. IT/ITeS companies — which, with their huge workforces, are among the biggest spenders on Diwali gifts — have slashed their gift budgets by up to 50% and some have done away with gifting altogether, gifting companies such as PrintStop, IGP, Loopify and Swageazy told ET. «There's a blanket reduction in gift budgets. IT typically accounts for about 50% of our clients; there's been a 50% drop in their spends,» said Pratik Shah, cofounder of customised gifting company PrintStop.

Digital Currency Group’s (DCG) subsidiary Genesis Global is seeking approval from the US court to revise its settlement agreement with the bankrupt Three Arrows Capital Ltd (3AC).

Popular gaming platform Roblox could look to add cross-platform NFTs in-game, founder and CEO David Baszucki said.