Platform Financial News

19.10 / 17:41

Provident FIVE Cooper Platform President 2020 evacuation India reiterates opposition to China’s BRI, supports programmes in Maldives

Hindustan Times. Referring to security and development assistance provided to the Indian Ocean archipelago by New Delhi, external affairs ministry spokesperson Arindam Bagchi told a regular media briefing that the Indian side’s cooperation with the Maldives is based on jointly addressing shared challenges and priorities. While responding to several questions on the Belt and Road Forum hosted by China and Muizzu’s comments endorsing the BRI, Bagchi said that India’s position on BRI, including the programme’s “lack of respect for our sovereignty and territorial integrity are well known and consistent".

19.10 / 17:31

Blockchain Citi Provident Platform innovations CMCC Global's Titan Fund Secures $100M for Asian Blockchain Ventures

Titan Fund, which is managed by CMCC Global, has closed its inaugural investment round on October 4, raising $100 million with the involvement of over 30 investors. Among the prominent investors are the blockchain startup Block.one, the Pacific Century Group, owned by Hong Kong business magnate Richard Li, Winklevoss Capital, Jebsen Capital, and Yat Siu, creator of Animoca Brands. The financing comes at a time when the cryptocurrency industry is facing a financial crisis as a direct result of a string of failures that occurred in the previous year, one of which being the bankruptcy of the exchange FTX.

19.10 / 17:31

Blockchain Ethereum Twitter Progressive Platform Align stage zkEVM Immutable's zkEVM Marches Towards Mainnet with a Series of Milestones

According to official Twitter account, Immutable has set the stage for gaming on the Ethereum blockchain with its recently launched zkEVM Testnet, accentuated by the involvement of @0xPolygonLabs. The progress is underscored by over 50 games that have earmarked their development on the Immutable zkEVM platform, showcasing a growing ecosystem even before its Mainnet launch.

19.10 / 17:31

Twitter Target Binance Extreme Aware CEO Platform Warning FTX Issues Fresh Warning on Phishing Emails and Scam Sites

Cryptocurrency exchange FTX has issued a renewed public warning about phishing emails and scam sites that are designed to impersonate its Debtors' portal. The alert was disseminated via the company's official Twitter account on October 5, 2023. In the tweet, FTX explicitly stated, «Please remain aware of phishing emails that look like they are from FTX Debtors and scam sites from channels that may appear to look like the FTX Debtors' online claims portal (https://claims.ftx.com). Reminder: FTX Debtors will never ask you to connect your wallets.»

19.10 / 17:31

Blockchain UPS ETH Twitter Google Platform reports Scammer Friend Friend.tech Users Lose $385K in Ether to SIM-Swap Scammer

On October 5, 2023, a blockchain investigator by the name of ZachXBT stated that a single scammer had stolen 234 ETH, which is roughly comparable to $385,000, from four customers of Friend.tech over the course of a single day. A SIM-swap assault was carried out by the con artist in order to acquire unauthorised access to the accounts of the victims. It was determined that the same hacker who had drained the accounts of the four victims was responsible for the theft of the assets.

19.10 / 17:31

Twitter Platform economy social 2020 Long-Term Bond Slump Mirrors Historic Stock Market Crashes, Stirs Investor Concerns

The recent precipitous decline in long-term bonds has brought about a flurry of discussions among the investor and financial analyst communities, drawing notable parallels with some of the most infamous market downturns in history. Bonds with a maturity of 10 or more years have witnessed a 46% decline since their peak in March 2020, which closely mirrors the 49% drop in US stocks in the aftermath of the dot-com bubble at the turn of the century. The situation is even more alarming for 30-year bonds, which have plummeted 53%, nearing the 57% slump in equities during the 2008 financial crisis.

19.10 / 17:31

Blockchain COST Provident Digital Platform Sui Foundation Reallocates 117M SUI to Bolster Network Growth

The Sui Foundation disclosed today that it will redirect 117 million SUI tokens from external market makers into various channels aimed at fostering the Sui Network's growth. This Layer 1 blockchain network launched its mainnet in May and has since been recognized for its scalability and high throughput. The reallocated tokens are separate from the 25 million SUI set aside for the winners of its recent liquid staking hackathon, announced on October 3rd.

19.10 / 17:31

Citi Provident Platform gossips 2020 reports HKEX Introduces Synapse: A New Settlement Acceleration Platform for Stock Connect

Stock Connect is a mutual market access programme that connects Mainland Chinese markets with Hong Kong markets. The most recent addition to Stock Connect is called HKEX Synapse. The platform intends to standardise and simplify post-trade operations, with the end goal of lowering settlement risks and improving operational efficiency. Institutional investors, especially those whose operations span many time zones, will be able to make use of it as an optional service when it becomes available.

19.10 / 17:31

Blockchain Citi Art Platform Adventure innovations a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3

In the heart of New York City, where a culinary adventure awaits at every corner, a new endeavor is brewing that aims to redefine the dining experience for restaurateurs and patrons alike. This aspiration is embodied by Blackbird, a venture that is stepping into the intersection of blockchain technology and gastronomy. The captain steering Blackbird’s ship, Ben Leventhal, is no stranger to the culinary world, having been at the forefront of restaurant innovation through platforms like Resy and Eater, according to a16z's official blog.

19.10 / 17:19

COST Provident Digital Platform innovations reports acquires Tata Motors acquires 27% in digital platform Freight Tiger

Mumbai: In an effort to improve cost efficiency, Tata group’s automobile arm Tata Motors Ltd, on Thursday, announced its plan to acquire a 26.79% stake in Freight Tiger, a digital platform under Freight Commerce Solutions Pvt. Ltd, which is engaged in offering logistics solutions for cargo movement.

19.10 / 16:53

COST UPS Digital Platform track reports Tata Communications Q2 Results: Net profit plummets 57% YoY to Rs 221.26 crore

The company reported net profit of Rs 221.26 crore for the quarter under consideration as compared to Rs 534.26 crore in the same period last fiscal. The fall in net profit comes even as revenue from operations saw a 10% jump on year at Rs 4872.5 crore in the September quarter of this fiscal as compared to Rs 4430.74 crore in the second quarter of FY23. Revenue growth was driven by Tata Communications’ data business growth which came in at Rs 3, 995 crore, up 14.1% from the previous year. “With the fast tracked integration of The Switch, we are witnessing synergies being realised. Besides this, we are happy to announce the accelerated closure of the Kaleyra Inc.

19.10 / 16:33

UPS Provident Digital Platform concert testing Spanish banks road test 'digital euro' on existing payment infrastructures

Kicked off in November 2022, up to 30 banks, working in concert with infrastructure providers Bizum, Iberpay and Redsys, ran a PoC with the aim of undertaking an in-depth analysis of the technical, operational and business implications of the digital euro and its co-existance with existing payment instruments. The tests encompassed various use cases for digital euro payments, including person-to-person transactions and payments in both online and physical commerce.The consortium say the results point the way to a digital euro design that would leverage existing payment rails and value-added services, such as the Spanish instant payment platform Bizum."In particular, Bizum would be prepared to interconnect with other potential European services.

19.10 / 16:33

Blockchain Provident Digital CEO Platform Enterprise President DTCC DTCC buys blockchain outfit Securrency

DTCC says the deal, set to close within weeks, will position it as a leader in bridging best-in-class industry practices with advanced digital technology to encourage acceptance and adoption of digital assets. Securrency will become a fully-owned subsidiary of DTCC and will operate under the name DTCC Digital Assets. Nadine Chakar, CEO of Securrency, will lead the unit and be joined by around 100 other staffers. DTCC has a long history of exploring digital assets and distributed ledger technology.

19.10 / 15:32

Blockchain Ethereum Digital Platform Strategy Inside social What is the Pareto 80/20 rule, and how does it apply to cryptocurrencies?

The Pareto principle emphasizes how crucial it is to identify key players, major cryptocurrency or influential projects.

19.10 / 15:11

Digital CEO Platform Enterprise stage country information Sustainable solutions platform Smarter Dharma raises funding from Rainmatter, Gruhas, others

Smarter Dharma, a sustainable solutions platform for real estate firms, has raised $500,000 in seed funding from Zerodha’s Rainmatter, Gruhas and Anthill Ventures, among others. The Bengaluru-based startup works towards reducing the carbon footprint of companies in the real estate sector.

19.10 / 15:01

Platform Mobile Netflix Take-Two exclusive information reports Is GTA 6 game coming to Netflix? THIS is what the report suggests...

GTA 6. Given that Rockstar already confirmed the development of GTA 6 last year, the identity of this mystery game raises questions. The report indicates that Netflix Games has had talks about potentially launching a GTA game through a licensing arrangement with Take-Two Interactive, the parent company of Rockstar Games, on its relatively new gaming platform.

19.10 / 14:53

Blockchain COST UPS Platform Strategy stage Is Conflux Going to Zero? CFX Price Plummets 9.2% as Viral New Meme Coin Secures $600,000 – Next Shiba Inu?

The Conflux price has fallen by 3% in the past 24 hours, with its drop to $0.103716 marking a concerning 9% loss in a week.

19.10 / 14:53

UPS ETF Telegram Platform Bitcoin social Telegram crypto BSV price Is It Too Late to Buy Bitcoin SV? BSV Price Rockets Up 20% as New Telegram Crypto Casino Surpasses Huge Funding Milestone – Next 100x Project?

The price of Bitcoin SV (BSV) has risen by 7% in the past 24 hours, with its jump to $42.73 coming on a day when the wider cryptocurrency market has fallen by 0.5%.

19.10 / 14:33

Provident Lowe's Digital CEO Platform Digital lending startup Yubi launches online bond platform Aspero

Digital lending startup Yubi on Thursday announced the launch of its online bond platform Aspero, which allows retail investors to trade in multiple listed bonds across various rating categories. The platform provides investors the opportunity to enter the bond market with investments as low as Rs 1,000, offering yields ranging from 9% to 14% for bonds rated in the investment-grade category, the company said. Also, it does not impose any transaction fees, and users can conduct transactions beyond regular market hours and even on holidays.

19.10 / 13:49

Provident Digital CEO Platform Software Align track stake Tata Motors to acquire 27% stake in logistics startup Freight Tiger for Rs 150 crore

Tata Motors said it will acquire a 27% stake in digital logistics solutions platform Freight Tiger for Rs 150 crore, with an additional investment of Rs 100 crore over the next two years, according to a company filing on the BSE on Thursday. Freight Tiger is a digital platform that provides end-to-end logistics value chain solutions for cargo movement across India. It connects shippers, carriers, logistics service providers and fleet owners to a single digital marketplace, along with other Software as a Service (SaaS) solutions to streamline logistics interactions such as freight tracking, assignment, carrier matching, documentation, and payment processing.

19.10 / 13:49

COST Platform Netflix show country audience Netflix increases subscription prices in these countries. Details here

Netflix as the streaming platform has increased its subscription fees from Wednesday. The decision has pushed its share prices up by 13%. According to LSEG, 9 million subscribers joined Netflix around the globe in the third quarter despite the writers' strike in Hollywood. It was more than the Wall Street analysts' forecast of 6 million. It is significant considering the fact that the bulk of Netflix's new sign-ups are shows and movies overseas.

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