Platform Financial News

After a seven-week rally, oil bulls are clinging to $80 per barrel pricing and looking to the Federal Reserve to reveal the deliberations that led to last month’s rate hike as markets look for signals on what the central bank could decide when it meets again In September.

Check out the companies making headlines in premarket trading.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Decentralized Finance (DeFi) platform Zunami Protocol has confirmed a price manipulation attack on its “zStables” stablecoin pools on Curve Finance, causing potential losses of over $2.1 million.

As Shiba Inu's Summer of Shibarium continues to gain traction ahead of the highly-anticipated Q3 Shibarium launch, SHIB is once again on the climb amid excitement around an upcoming new utility for sister-token LEASH holders.

The price of THORChain (RUNE) has risen to $1.35 today, representing an impressive 46% gain in the last seven days.

The first half of 2023 boosted the assets under management at Wealth Enhancement Group by $7.6 billion to more than $68 billion, helped by several sizeable acquisitions.

Rockefeller Global Family Office, the wealth management arm of Rockefeller Capital Management, has announced that it has added Angela Mwanza, Jordan Powell and their four-person team, known as Oryx Legacy Partners, to its ranks.

Reliance Jio Infocomm Limited (“RJIL"), today announced that it has completed its minimum roll-out obligations in each of the 22 Licensed Service Areas (“LSA"), across each of the spectrum bands, ahead of time under the terms of the spectrum allocated to it on 17th August 2022. On 19th July 2023, RJIL had completed submission of the prescribed details towards completion of the Phase 1 minimum roll-out obligation with the Department of Telecommunications (“DoT") Units and by 11th August 2023, necessary DoT testing was completed in all circles.

AI startups as a way to scoop up talent. Compensation is a battleground. Aware that in-demand AI specialists can command several job offers, many companies are dangling salaries in the mid-six figures along with bonuses and stock grants to attract experienced workers, recruiters say.

As the GambleFi narrative continues to send shockwaves through crypto markets, leading crypto gamling platform Rollbit coin (RLB) appears to be facing a breakdown - and amid the tumble many are asking is Rollbit going to zero?

culture isn't always easy, but is a crucial step towards success. Billionaire businessman Harsh Mariwala, who is a well-known name in the industry for creating brands like Saffola and Parachute, took to social media to share his views on the link between culture and strategy. The FMCG guru, in his post, said that an organisation can be successful only when it has the right balance of strategy and culture.

Indian Railway Catering and Tourism Corporation (IRCTC) on Monday inked an agreement with Delhi Metro Rail Corp to provide QR code-based metro tickets through its platform. The initiative is set to benefit the passengers of both IRCTC and DMRC. “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that IRCTC has signed a MoU with Delhi Metro Rail Corporation (DMRC) on August 14, 2023 for providing QR code based DMRC tickets through IRCTC Platform," IRCTC said in the press release.

Mahindra is poised to introduce the electrified Thar concept during an event in Cape Town, South Africa tomorrow. Building anticipation, the brand had recently unveiled an official teaser of the upcoming model, shedding light on several prominent features we can anticipate. The teaser offers a glimpse of the rear tail lamp, maintaining the prevailing design language of the current Thar—a square unit featuring a smaller square within.

New Delhi: The world’s first ‘Traditional Medicine Global Summit’ will be held on 17-18 August in Gandhinagar. The summit will be jointly hosted by the World Health Organization (WHO) and the Indian government.

US Congressional Committee took a monumental step by advancing a bipartisan bill that seeks to establish a comprehensive regulatory framework for cryptocurrencies. This marks a pivotal moment for Capitol Hill in its endeavors to formalize federal oversight for the digital asset industry. The crypto sector has faced increased scrutiny, especially after several investors were affected by the sudden collapse of prominent companies like Celsius Network, Voyager Digital, FTX, and others. Against this backdrop, the classification of cryptocurrencies as securities or commodities represents a progressive stride, addressing both the Commodity Futures Trading Commission (CFTC) oversight and concerns raised by the Securities and Exchange Commission (SEC). With Congress passing its first regulatory bill for the crypto industry, a long-awaited victory has been achieved, while a parallel discussion regarding stablecoin requirements under the Federal Reserve’s purview is ongoing, which will strike a balance between innovation and investor protection.Why is this bill Important?The recent advancement of the regulatory bill by the US congressional committee signifies a groundbreaking effort to provide much-needed clarity to the evolving crypto industry. For years, crypto companies have operated within a regulatory gray area, leaving both investors and businesses uncertain about their legal obligations and rights.

Planet Marathi Group has joined hands with Vistas Media to launch an OTT platform called ‘Planet Bharat’, the company announced on Monday. The platform will be launched in November this year. The OTT app will be home to feature films, series, music, infotainment, non-fiction, social gaming, wallets and will use various technologies like AI-powered personalization and voice commands.

Since its release, Barbie has made a huge impact on pop culture and fans can’t seem to get enough of the movie. Many are wondering where they can stream the Greta Gerwig-directed film. Without further ado, here’s where you can stream Barbie online.

cage fight between tech titans Mark Zuckerberg and Elon Musk seems to have hit a major roadblock, as the former has announced that it's «time to move on» from the spectacle. The rivalry between the billionaire CEOs took a dramatic twist as Zuckerberg publicly called out Musk's lack of commitment to the bout. In a recent post on his social media platform Threads, Zuckerberg expressed his frustration, stating, «I think we can all agree Elon isn't serious and it's time to move on. I offered a real date. Dana White offered to make this a legit competition for charity.» «Elon won't confirm a date, then says he needs surgery, and now asks to do a practice round in my backyard instead. If Elon ever gets serious about a real date and official event, he knows how to reach me. Otherwise, time to move on. I'm going to focus on competing with people who take the sport seriously,» he added.

by Dr. Vivek Lall

Axis Asset Management, the mutual fund arm of private sector lender Axis Bank Ltd, has launched a private credit alternative investment fund (AIF) and is aiming to raise as much as Rs 1,250 crore from investors, said people aware of the development. The private credit fund is part of Axis Mutual Fund’s alternative assets business, which comprises late-stage private equity and real estate AIFs on the private markets side, and portfolio management services and long-only equity AIFs on the public markets side.