Platform Financial News

24.11 / 03:09

Provident Digital Platform Compilation Nov cover information reserves Gate.io Implements Zero-Knowledge Tech in New Proof of Reserves Method

Nov. 23rd – Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced upgrades to its Proof of Reserves (PoR) process, which includes a new open-source method utilizing zero-knowledge technology. Following the upgrade, the PoR process will now cover the top 100 digital assets, with certificates published regularly for enhanced transparency.

24.11 / 03:03

Target Platform Action performer country folk dance Elections near and deepfakes loom: Seeing isn’t believing

Narendra Modi has been targeted as well, as he revealed some days ago while noting its dangers; a fake video depicted him performing the garba, a folk dance. That it was brought up by him at this week’s virtual G20 summit is a sign of how seriously the risks are being taken at top-most levels. What was once an almost academic worry among the few who were up-to-date with technology now needs to become a buzz of the masses.

24.11 / 01:49

Provident Platform Allianz Fortinet hospital reports Stocks to Watch: LTIMindtree, JSW Steel, Lupin, TCS

LTIMindtree: The company has launched a quantum-safe virtual private network (VPN) link in London to secure data transmission for the quantum computing era. LTIMindtree collaborated with Quantum Xchange and Fortinet on the platform. JSW Steel: The company has completed its ₹750 crore investment in JSW Paints and now holds 2.94 crore equity shares in it, or 12.84% of the paid-up equity capital.

24.11 / 00:45

Digital Aware Platform Bill electronic information Appario looks for a new way to keep selling on Amazon

Appario Retail, the largest seller on Amazon India, is scripting a change of plans for its future on the ecommerce platform, multiple people aware of the development told ET. Amazon and Patni Group, joint venture partners of Appario’s parent firm Frontizo, had in October last year announced plans to shut the seller entity within a year. But it is unlikely to stop selling on Amazon India as it continues to work closely with brands and sellers and has more than a month of forward inventory in its warehouses, people cited above said.

24.11 / 00:45

Provident Digital Platform Experts show reports medicines Zomato, Swiggy want to clarify stance to DGGI on tax notice

Zomato and Swiggy are planning to approach goods and services tax authorities to explain their position, after they received notices seeking tax on delivery fees collected from consumers. The issue could have wider implications, as a senior government official said other companies collecting such fees from users could also be asked to pay tax on the amount, which the platforms claim that they pass on to their delivery partners.

24.11 / 00:45

Waves Aware CEO Platform President show Inside Dealshare cofounders Vineet Rao, Sankar Bora exit post rejig

cofounders of ecommerce platform Dealshare, have left the firm which has seen multiple rounds of job cuts and a business restructuring this year, people in the know told ET. While Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now left Dealshare even as the company has yet to name his successor, several people aware of the matter said. Bora, who was chief operating officer, has also moved on from the company which is now shifting its non-tech functions to Gurgaon.

24.11 / 00:45

Target Digital Aware Platform Interface country testing RBI seeks ways to make digital currency payments easy as cash

Reserve Bank of India and the National Payments Corporation of India (NPCI), for pushing the adoption of the central bank-backed digital currency (CBDC), said two bankers in the know of the matter. Both the RBI and NPCI want CBDC to make digital payments as simple as cash transactions, the bankers said.

23.11 / 23:03

Citi Provident Digital Platform CRA 3 tax changes in the fiscal update you may have missed

This week’s fall economic statement had very little in the way of tax measures, but there were a few items that may affect you if you own real estate or are considering the succession of your privately owned business.

23.11 / 19:50

Citi Aware Platform show electronic reports Festive time lifts credit card spends to a record

₹1.78 trillion in October aided by strong festive season purchases on e-commerce platforms, latest Reserve Bank of India data showed. The spending had seen a dip in September as consumers prioritized saving ahead of big buys in the festive season. Total spending via credit cards jumped 38.3% year-on-year and 25.4% month-on-month in October.

23.11 / 19:49

Booking Platform film audience recommendations Advance bookings the new marketing tool for movie makers

₹35-40 crore in revenue. Strong advance bookings have been generating positive hype and anticipation around particular films, instilling a sense of excitement among the audience, Ashish Saksena, chief operating officer, cinemas, BookMyShow agreed.

23.11 / 19:41

Digital BitPanda Platform Mobile Coindesk Commerzbank innovations services Vienna-Based Raiffeisen Bank Expands Services to Include Crypto Trading

Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody business.

23.11 / 19:07

Progressive Platform film Synopsys show stage information The Serpent Queen Season 2: Here’s what we know so far about release date, streaming platform, number of episodes, storyline, cast and more

The Serpent Queen season 2 is yet to be announced by Starz, the network behind the series. The first season premiered on September 11, 2022, and a second season was confirmed a few days before the season 1 finale in October 2022. As of now, Starz has not revealed any official premiere date for the upcoming season.

23.11 / 18:59

Blockchain Ethereum ETH Platform social shock blast Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project

Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the network.

23.11 / 18:41

Blockchain Platform Strategy Align stage track reports committee Starknet Foundation Establishes DeFi Committee to Boost Ecosystem

Starknet Foundation has officially launched its DeFi Committee. Announced on November 9, 2023, the committee is set to play a pivotal role in developing Starknet's DeFi landscape. This initiative marks a strategic step by the Foundation, demonstrating its commitment to expanding and nurturing the DeFi sector within its network.

23.11 / 18:41

Blockchain Twitter Digital Progressive Platform economy Celebrity HK Legislative Council Member Advocates for Integrating Senior Economy with Web3

Hong Kong Legislative Council member and CPPCC member Johnny Ng, known as @Johnny_nkc on Twitter, attended the «2023 World Internet Conference» in Wuzhen, where he delivered a keynote speech on digital literacy and skills enhancement. Ng’s speech, dated 9th November 2023, focused on two main themes: the integration of the senior economy with the internet, and the role of Web3 technology in empowering content creators.

23.11 / 18:41

ETF Platform Strategy Bitcoin innovations reports ARK Invest Intensifies Investment in Robinhood

Cathie Wood, the renowned Bitcoin advocate and founder of ARK Invest, has recently intensified her firm's investment in the cryptocurrency-friendly trading platform Robinhood (HOOD). ARK Invest made a significant move by acquiring 1.1 million Robinhood shares on November 8, amounting to an investment of over $9.5 million in a single day.

23.11 / 18:41

Digital Landmark Platform economy Remark social innovations Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Nigeria's Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a landmark achievement in the nation's digital transformation journey. The 3 Million Technical Talent (3MTT) initiative, a strategic program designed to advance artificial intelligence (AI) skills among Nigerians, has successfully attracted over one million applicants. This remarkable response, disclosed on November 8, 2023, on a platform formerly known as Twitter, represents a significant stride in Nigeria's ambition to become a hub of technological talent.

23.11 / 18:41

Provident BLOCK Digital Platform Interface social reports What is HyperWrite AI?

Introduction

23.11 / 18:39

Aware LGBT Platform Action Bill show NCLAT admits SBI plea against Lavasa Resolution

NCLAT) allowing a State Bank of India (SBI) petition seeking to set aside a lower court's approval for the resolution plan submitted by Darwin Platform Infrastructure (DPIL). This is the second bank objection to the loan default resolution of Lavasa Corporation, billed as the first private hill town project to be built since Independence. It comes almost two years after creditors approved the plan overwhelmingly in December 2021 and months after the NCLT gave its nod in July this year. In its application, the SBI had sought to set aside the NCLT order and contended that DPIL did not adhere to the waterfall mechanism of the Insolvency and Bankruptcy Code (IBC) which does not treat government dues as secured creditors.

23.11 / 18:39

Platform Enterprise Experts reports Silvergate Capital fully repays deposit liabilities

Silvergate Capital said on Wednesday it had fully repaid all remaining deposit liabilities, following the bank's decision earlier this year to wind down operations. Silvergate, which now holds less than $10,000 according to the statement, said in March it intended to voluntarily liquidate after being hit with losses following the dramatic collapse of crypto exchange FTX. «Silvergate continues to focus on implementing the Bank Liquidation,» it said in a statement on Wednesday. California-based Silvergate, once among the crypto industry's favored banks, had reported a $1 billion quarterly loss before the winding down decision, as investors spooked by the FTX debacle pulled out more than $8 billion in deposits.

23.11 / 18:27

Digital Platform OfBusiness to raise up to $200 mn, eyes $6 bn value

₹15,342.5 crore in FY23, double the ₹7,139.5 crore of FY22. Its net profit also doubled to ₹463.2 crore in FY23 from ₹201.1 crore the previous year.

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