Platform Financial News

Zerodha were unable to execute transactions on Monday morning when the Nifty witnessed a gap-up opening of 334 points after the retail broker's trading platform experienced technical issues that prevented its clients from logging in. Several traders vented out on social media platforms about their inability to trade on Zerodha.

IAMAI) has withdrawn its invitation for a “closed-door interaction” between the government and industry to some gaming firms such as Gameskraft and Spartan Poker citing “feedback from the minister’s office”, according to copies of emails seen by ET. The IMAI, the apex industry body for various internet-first businesses, is organising the India Gaming Convention in Delhi on Tuesday and has arranged for a closed-door roundtable discussion with the minister of state for electronics and information technology Rajeev Chandrasekhar, on the sidelines of the main event. The private discussions are expected to be around “building certainty for online gaming”, according to people with knowledge of the matter.

Bitcoin's price rose above $41,000 on Monday, reaching levels not seen since before the collapse of the crypto stablecoin TerraUSD in May 2022.

Investing.com — The Dow ended lower Monday, though cut some losses into close despite weakness in tech amid rising Treasury yields ahead of the monthly jobs report later this week.  

GitLab (GTLB) shares surged more than 17% after-hours today following the company’s reported Q3 results, with EPS of $0.09 coming in better than the consensus estimate of ($0.01). Revenue was $149.7 million, beating the consensus estimate of $141.53M.

John Peluso, who spent 35 years at Wells Fargo and its predecessor firms beforeretiring in September, has joined an Indiana-based hybrid advisory firm, Thurston Springer Financial, as executive vice president and partner.

Jujutsu Kaisen Season 2 Episode 20 approaches, the intricate web of right and wrong continues to entangle the characters. Following the revelation of Nobara's harrowing past, the aftermath of Shibuya's chaos prompts deep reflections among the students. Set for release on December 7, 2023, the upcoming episode, titled 'Right and Wrong Part 3,' promises intense developments in the saga.

Call center software company Five9 (NASDAQ:FIVN) shares surged 14% Monday afternoon on rumors it and Zoom (NASDAQ:ZM) are once again discussing a potential merger.

November 2023 was a remarkable month for capital markets around the world. Here's a snapshot of the notable performances across various asset classes:

Amidst the continuous transformation of the global marketplace, organizations across diverse industries proactively pursue novel approaches to improve customer contentment and optimize processes. The prevalent adoption of cryptocurrencies significantly impacts the dynamics of business transactions, including the financial sector.

28 Indian crypto platforms have registered with the Financial Intelligence Unit, the country’s Minister of State for Finance said.

Osmosis and UX Chain are preparing to merge in a move that seeks to create a comprehensive DeFi hub.

Friend.tech, a decentralized social app built on Coinbase’s blockchain Base, has successfully transferred the ownership of its smart contract and funds to “a new combination of multisig and professional custody.”

Verizon Communications announced on Monday its plan to provide bundled streaming subscriptions to Netflix and the Warner Bros Discovery-owned Max platforms for its customers. Subscribers of Verizon's 'myPlan' can now choose ad-supported plans for both Netflix and Max at a combined cost of $10 per month, effective from Thursday. This addition marks the latest inclusion in Verizon's «myPlan» package, enabling users to subscribe to various services, including Apple Music, Walmart+, and Walt Disney's streaming services, each priced at $10 per month. The trend of telecom providers collaborating with streaming platforms continues to grow, aiming to enhance the appeal of their plans for consumers. Simultaneously, streaming services view these partnerships as opportunities to attract a wider audience. Verizon is set to introduce two content bundles, one featuring Netflix and Max, and the other comprising the Disney bundle. The Disney bundle includes Disney+ (ad-free), Hulu (with ads), and ESPN+ (with ads), all available for $20 per month. These bundled offerings, featuring Netflix and Max, will be accessible to Verizon mobile customers subscribed to the Unlimited Welcome, Unlimited Plus, or Unlimited Ultimate plans.

Vijay Shekhar Sharma, CEO and founder of Paytm parent One97 Communications, Monday said the company is considering bringing 10 million merchants by 2025 on the government-backed Open Network for Digital Commerce platform, adding that the firm has seen close to 11.8 million customers routed to its product from the platform, news agency PTI reported. "Paytm's ecosystem is built around small merchants and the mission that we are on is to help small merchants and small businesses become part of the mainstream economy. We did it by payments.

Reliance Industries Ltd-owned production house Jio Studios is looking beyond sister concern JioCinema to stream its movies and web shows after the latter declined much of its content, two people aware of the matter said. Jio Studios has also stopped green-lighting new projects in the backdrop of many completed projects remaining unsold, the people cited above said on condition of anonymity. While Jio Studios claims that streaming all titles on JioCinema was never part of the plan, the people cited above said on condition of anonymity that Uday Shankar, the influential top investor of JioCinema, has refused to screen all titles commissioned by Jio Studios, prompting it to look for outside buyers.

inconvenience caused," Zerodha said in a post on X. Earlier in the day, many users reported issues while logging through the Zerodha platform.

IBDIC) is currently working on scoping the implementation of domestic Letter of Credit (LC) issuance on blockchain as one of its use cases. Minister of State for Finance Bhagwat Karad stated in Lok Sabha that, as per IBA, only a few banks are using blockchain technology on a small scale. «As such, the issue pertaining to interoperability of such a platform between banks is not present,» he noted in a written reply, adding that Indian Banks’ Digital Infrastructure Company (IBDIC) Private Limited, formerly Indian Banks’ Blockchain Infrastructure Company (IBBIC) Private Limited, incorporated with the objective of providing a platform for exploring, building, and implementing digital solutions for the Indian financial services sector, is currently working on scoping the implementation of domestic Letter of Credit (LC) issuance on blockchain as one of its use cases. The consortium consists of 18 banks, including leading public and private sector banks in India. Karad further stated that the Reserve Bank Innovation Hub (RBIH) conceptualised the idea of an interoperable Distributed Ledger Technology (DLT) platform for the financial ecosystem and conducted a successful proof-of-concept (POC) exercise in June 2022 with banks, DLT fabric partners, DLT application layer partners, and fintech startups. «There is no proposal to set up guidelines or prescribe a model common blockchain technology platform for the banks,» he stated in his written reply in Lok Sabha. Set up by state-run banks, PSB Alliance Private Limited is looking to set up the Digital Balance Confirmation Portal, which will also provide other microservices, including a common blockchain technology platform for the issuance of letters of credit and multi-party

Kyle McCord, Ohio State's promising quarterback, has entered the transfer portal, leaving the Buckeyes searching for their next signal-caller. McCord, a five-star recruit from St. Joseph's Prep in Philadelphia, had patiently bided his time before earning the starting role this year. With his departure, the spotlight now falls on potential successors, and the upcoming Cotton Bowl against Missouri may serve as a platform for one quarterback to stake their claim for the 2024 season.

On November 22nd, 2023, Huobi HTX, previously known as Huobi Global, experienced a significant security breach. This attack led to a substantial loss, initially estimated at $13.6 million but later valued at approximately $30 million. This incident marks another in a series of cybersecurity challenges faced by cryptocurrency exchanges and related platforms.

The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating their cryptocurrency trading platform without the necessary registrations. The complaint, filed in San Francisco, alleges violations dating back to September 2018. Kraken is accused of functioning as an unregistered exchange, broker, dealer, and clearing agency, amalgamating the roles of these entities without proper registration. This reportedly deprived investors of crucial protections, such as SEC inspection and safeguards against conflicts of interest.