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Multichain, a crypto project that connects different blockchains, said it's shutting down after learning that its founder was taken away by Chinese police. In a Twitter post on Friday, Multichain provided details around the sudden disappearance of its founder and chief executive, identified only by the name Zhaojun, in late May. Multichain is a so-called crypto bridge, which allows users to swap digital tokens across the various blockchains they run on. Speculation around Zhaojun's whereabouts has been swirling since his disappearance, fueled by Multichain's announcement on July 7 that it had seen an unexpected outflow of assets of more than $120 million. After that, Zhaojun's sister transferred remaining user assets to wallets she controlled before she was taken into custody as well, Multichain said on Friday.

₹10,000 crore. According to stock market experts, Reliance share price has hit fresh life-time high of ₹2,802 apiece on NSE last week due to value unlocking and the uptrend is expected to continue as market is highly bullish on Jio Financial Services shares after listing on Indian bourses.

«There's been progress made over the years and we want to advance that progress further,» Chalmers told ABC television, referring to the meeting Monday and Tuesday of G20 finance ministers and central bankers. More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinational corporations.

Sen. Markwayne Mullin, R-Okla., discusses concerns over the economy as the president touts 'Bidenomics.'

Q1 results 2023: India's multinational conglomerate Reliance Industries Ltd (RIL) will declare its first quarter earnings for the financial year 2023-24. The board of directors of the Sensex heavyweight is going to consider and approve standalone consolidated and unaudited financial results of the company on 21st July 2023.

By Dawn Chmielewski

Bitcoin's price has surged significantly, propelled by a massive influx of $25 billion, breaking through the resistance level at $31,000.

artificial intelligence such as Microsoft-backed OpenAI’s ChatGPT are complicating efforts to bring in laws governing the use of the technology.Here are the latest steps some key nations and international governing bodies are taking to regulate AI tools.BRITAIN Financial Conduct Authority, one of several state regulators tasked with drawing up norms, is consulting with Alan Turing Institute and other legal and academic institutionsCHINA Issued a set of temporary measures on July 13 to manage generative AI industry

Mint could not independently verify these figures. The payment was made to the employees on Friday, a Flipkart spokesperson confirmed.

Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income tax exemption for those earnings up to Rs 7.27 lakh per annum. Asserting that no section of the society has been left out by the government, she mentioned about skepticism in certain quarters when it was decided to provide income tax exemption for those earnings up to Rs 7 lakh in the Union Budget for 2023-24. The skepticism was about what will happen to those earnings little more than Rs 7 lakh, she noted.

DeeLance, is creating a significant buzz in the crypto space. Its native asset, $DLANCE, has reached a new milestone of $1.52 million presale investment in just a few weeks. 

It was a day that started with something of a bang: the charismatic Alex Mashinsky, former chief executive officer of bankrupt crypto lender Celsius Network under arrest and charged with fraud.

₹7.27 lakh per annum under the new tax regime. Nirmala Sitharaman also addressed skepticism raised in several quarters when the government decided to provide income tax exemption for those earning up to ₹7 lakh in the Union Budget for 2023-24. “So, we sat as a team and went into the details (to find out) at what stage you pay tax for every additional Re 1 you earn...

Union Finance Minister Nirmala Sitharaman said on Friday. Addressing an intellectuals' meet organised by the district unit of BJP in Udupi, she said the BJP rule was marked by «Seva, inclusion and improvement of Micro, Small and Medium Enterprises (MSMEs).» The reforms brought in by Prime Minister Narendra Modi-led union government in the financial sector has helped the ease of doing business, particularly in the small and medium sector in the country, she noted. She further said the Modi government has accorded priority to the growth of MSMEs by removing archaic laws and compliance burden.

The increases came after a federal judge in Manhattan partially dismissed the SEC's case against the creators of the XRP cryptocurrency, Ripple Labs, who were accused of marketing their currency without first registering it with the Wall Street regulator. The SEC has argued for years that certain digital currencies are financial securities, like stocks or bonds, and are therefore subject to its supervision as an investment product.

artificial intelligence (AI), crypto and metaverse are the buzz words.Nithin Kamath said a simple two-factor authentication reduces the odds of being a victim of cyber fraud significantly. Under the two-factor authentication, the first factor in a login is a password, but it has the risk of being easily compromised. The second is an additional factor to secure your account, which has biometric authorization, TOTP (time-based expiring codes) etc.

money laundering, misinformation and disinformation. The chair's summary was issued after the two-day conference on 'Crime and Security in the age of Non-Fungible Tokens (NFTs), Artificial Intelligence (AI) and Metaverse' that took place here on Thursday and Friday.

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Jungkook, the youngest member of the K-pop global phenomenon BTS, unveiled his latest solo single, ‘Seven’. Jungkook’s agency HYBE Labels shared the video of the song on YouTube as well as Twitter. Within nine hours, the MV gathered a whopping 19 million views.

The crypto exchange Bitget has announced that its reserves have reached a massive $1.44 billion, and that it is officially debt-free.

 Retail Insights empowers clients to accelerate digital revenues through innovation and observability and is now equipped with VTEX's cutting-edge composable and complete digital commerce platform. This collaboration enables both companies to offer an enhanced omnichannel experience, driving business growth and profitability.Vishnuu Gullipalli, CEO at Retail Insights, said, "We are excited to welcome VTEX to the Retail Insights fold of partners.