Platform Financial News
20.11 / 09:07
COST
Provident
Platform
Gap
This Bengaluru startup is planning to launch Health Savings Account; here’s how it will help users
The rising cost of healthcare, especially during the Covid-19 pandemic, has impacted millions of families in the country. While health insurance plans provide respite to some extent, individuals and families end up spending a large chunk of their health budget on pre and post-hospitalization expenses. FEDO, a Bengaluru-based startup, is planning to provide a solution to this problem with the launch of a Health Savings Account( HSA).
19.11 / 16:23
Blockchain
Platform
DAO
Game-changing freelance strategy leverages blockchain technology to remove the middleman in B2B and B2C engagements
Freelancers have taken an increasingly important role in society, providing many valuable skills for businesses and driving a significant portion of the economy’s growth. To bring these skilled laborers together with available projects are centralized platforms like Upwork and Fiverr, now hosting billions of dollars worth of contracts each year.
19.11 / 13:21
Ethereum
PayPal
Platform
Paypal eyes Ethereum, Polkadot, Solana, Algorand and NFTs
The mainstream acceptance of cryptocurrencies has translated into many traditional payment channels opening their doors to the new asset class. Big-scale payment providers such as Visa and Mastercard and digital payment platforms such as Paypal have begun adding crypto support. However, these massive integrations did not take place in a vacuum and were result of larger market sentiments.
19.11 / 12:33
Blockchain
Ethereum
Aware
Platform
ConstitutionDAO Fails to Win the U.S. Constitution Copy on Sotheby’s Auction, after Raising Crowdfund $47M
On Thursday, the decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million by an autonomous bidder.
19.11 / 12:33
Digital
Platform
Gemini
NIFTY
$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
American cryptocurrency exchange Gemini raises $400 million through growth equity financing, led by Morgan Creek Digital.
19.11 / 10:55
Blockchain
Target
Digital
Platform
Criminals have made off with over $10 billion in 'DeFi' scams and thefts this year
LONDON — Investors have lost billions of dollars to criminals targeting so-called «decentralized finance» platforms this year.
19.11 / 09:31
Ethereum
Waves
Platform
Bitcoin
Time
Polkadot, Solana are institutional faves, but is it time to decouple yet
The third quarter wasn’t a pleasant ride for the wider market. And still, certain altcoins carved their niche and emerged as the top gainers. Even though Bitcoin and Ethereum didn’t see any major upswings in terms of price all through Q3, altcoins like Solana and Cardano noted separate rallies after the larger market thought they had “decoupled.”
19.11 / 09:09
business
Platform
Bitcoin
stake
Chamath Palihapitiya sells 15% of his stake in SOFI
Billionaire Chamath Palihapitiya has sold 15% of his position in the crypto and stock trading platform and finance company SoFi.
19.11 / 05:19
Digital
Tether
Platform
Gap
What does the U.S Congress JEC think about Tether and Co.
The U.S Joint Economic Committee (JEC) held a hearing titled “Demystifying Crypto: Digital Assets and the Role of Government” on 17 November. The agenda? Exploring the “regulatory, policy and economic concerns posed by digital assets.”
18.11 / 23:30
UPS
Ethereum
Provident
Platform
SIX Swiss Exchange
Swiss
ETPs
21 Shares launches Polygon, Avalanche, Algorand ETPs on SIX Swiss Exchange
It’s raining cryptocurrency ETPs in Europe. In a recent development, crypto ETP issuer 21Shares AG has announced the listing of three additional crypto ETPs on the SIX Swiss Exchange.
18.11 / 22:49
IPO
Manufacturing
Platform
Sony
US stocks
Made money from US stocks? Check rules to report it in Income Tax Return and claim credit
Income Tax on Gains from the US stocks in India: It is now possible for investors living in India to own stocks of some of the biggest companies listed on the US stock exchanges. There are several online platforms that facilitate investment in US stocks or Exchange Traded funds (ETFs) for investors in India.
18.11 / 11:25
business
cryptocurrency
Aware
Platform
India could bar transactions in crypto, permit holding as assets: Report
India is likely to bar the use of cryptocurrencies for transactions or making payments, but allow them to be held as assets like gold, shares or bonds, the Economic Times reported on Wednesday.
18.11 / 11:01
18.11 / 07:19
Blockchain
UPS
Platform
Deloitte
Assessing whether AVAX’s impressive price run can really go on
Bitcoin’s losses triggered a market-wide sell-off, pulling down the total crypto-market cap by almost 13% in just two days. Most of the top twenty altcoins noted sharp red candles, while some even presented double-digit daily losses. Meanwhile, the 12th ranked altcoin, Avalanche (AVAX), made another all-time high above $100, charting 11.75% daily and 9.36% weekly gains.
18.11 / 06:07
17.11 / 21:19
Man
Platform
Bitcoin
India might permit crypto as assets, zero out the currency factor
India’s crypto scene has been catching momentum, of late. This has followed after the government offered some clarity on its stance. The crucial meeting on 15 November yielded a positive result for crypto enthusiasts in India. Consequently, the talks of crypto regulation aired, and the fear of a blanket ban on crypto was ruled out. However, it was also made clear that cryptos will not be accepted as legal tender in any case.
17.11 / 17:23
Lowe's
FIVE
Platform
COMP’s incentive crisis and what lies ahead for alt’s price
The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x.
17.11 / 12:53
Platform
Ether
Bitcoin
Bitcoin, Ether Trade On Weak Note, Hover Around Critical Levels
Bitcoin and ether, the world's two largest cryptocurrencies, stayed weak on Wednesday and near critical levels that analysts believe could spell further weakness if breached.
17.11 / 12:17
cryptocurrency
Digital
Platform
Bitcoin
What India's Likely To Allow - And Rule Out - For Crypto: 10 Facts
India has had a hot-and-cold relationship with digital currencies in the past few years.
17.11 / 10:39
Dogecoin
Digital
Platform
Bitcoin
New age investing: Why cryptocurrency is the new investment fad?
By Moinak Maiti and Parthajit Kayal It’s been more than a decade since the first cryptocurrency, Bitcoin, was launched in 2009. Since then, the cryptocurrency market’s popularity has been growing as it has generated quick wealth for many investors despite the high risks associated with it. Today there are thousands of different cryptocurrencies out there for investment. Popular examples are Bitcoin, Ethereum, Dogecoin, XRP, Ripple, etc.
17.11 / 09:25
cryptocurrency
Digital
Platform
Assets
Government May Bar Crypto Transactions, Permit Holding As Assets: Report
India's digital currency market was worth $6.6 billion in May 2021, according to Chainalysis.
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