Platform Financial News

Last year, two former heads of Wells Fargo Advisors left the firm. The exodus of senior wealth management executives with decades of experience at Wells Fargo and its numerous predecessor firms continues, with John Peluso, the head of its brokerage clearing operations, First Clearing, retiring at the end of September.

The recommendation of India’s GST Council to impose a 28 % tax on the full face value of bets placed on online games has put the fate of the online skill-based gaming industry at serious risk. This is in direct contradiction with steps taken by the Union ministry of electronics and information technology (MeitY) to support the industry by introducing a regulatory system for permissible online gaming.

Richard Heart with raising more than $1 billion in three unregistered crypto asset offerings and defrauding investors out of $12.1 million to buy luxuries including a 555-carat black diamond. In a complaint filed in Brooklyn federal court, the SEC said Heart, also known as Richard Schueler, touted his Hex token, PulseX asset trading platform and PulseChain asset network on YouTube and other websites as pathways to «grandiose wealth.» The SEC said Heart often made superficial «tongue-in-cheek» disclaimers that his offerings were not securities but knew otherwise, as he touted that Hex was capable of 38% returns and «built to be the highest appreciating asset that has ever existed in the history of man.» The SEC accused Heart of spending investor funds on McLaren and Ferrari sports cars, four Rolex watches and «The Enigma,» which cost 3.16 million British pounds (then $4.28 million) at auction and was purportedly the world's largest black diamond.

A nonprofit organization that researches links between social media, hate and extremism has been threatened with a lawsuit by X, the social media platform formerly known as Twitter

The Securities and Exchange Commission on Monday filed charges against a U.S. citizen who it alleged raised more than $1 billion through the unregistered offer and sale of crypto securities before pilfering millions to fuel a high-status lifestyle and the acquisition of luxury goods, including the largest black diamond in the world.

Kattar Hindu Ekta WhatsApp group, who has been named as an accused in a murder case related to the 2020 northeast Delhi riots, saying there was merely one piece of circumstantial evidence against him and its credibility would be assessed at the final stage of the trial. Additional Sessions Judge Pulastya Pramachala was hearing the bail plea of Lokesh Solanki, against whom the Gokalpuri police station has registered a case under various Indian Penal Code (IPC) sections, including those related to murder and rioting.

One 97 Communications Ltd., which operates the Paytm brand, on Monday announced the launch of two new variants of its Soundbox product to include more use cases such as music playback and portability. The two new variants are Paytm Music Soundbox, which doubles up as a Bluetooth speaker for merchants for music playback, and Paytm Pocket Soundbox, a portable version of the current payment acceptance device for cart vendors, delivery personnel and auto drivers. “There are possibly 1 crore (10 million) Soundboxes in the market, of which 85 lakhs (8.5 million) would have been deployed by Paytm till now.

China has launched a slew of new projects as part of its Belt and Road Initiative (BRI), which aim to open new avenues of collaboration with Southeast and South Asian nations through Nepal, where India has huge strategic interests. The projects—clubbed under a platform called the ‘Silk Roadster’—were launched earlier this month to commemorate the 10th anniversary of Chinese President Xi Jinping’s most important initiative, the BRI.

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The recent changes to the Dart charge payment system have triggered significant public outrage, as several individuals reported difficulties in settling the charge. For those unaware, Dart Charge is the fee for crossing the Thames between Kent and Essex and it operates via an online platform. There have been recent changes which require motorists to update payment details before a deadline, in case of failure, they risk facing fines. The customers were informed that the website would be down till Sunday afternoon. However, the technical issue continued To the dismay of many users, on Sunday night, the website continued to display an error message, informing them that they had been placed in a queue. This problem persisted for several users, with one individual expressing frustration after attempting to pay since the previous Saturday evening. The system faced further criticism, with one user labelling it «hopeless» and a «shambles» due to their unsuccessful attempts to modify payment details. Dart Charge has since apologized for the problems and said that it is «working hard to resolve this.» However, the damage has already been done, and many motorists are now left wondering whether they can trust the system in the future.

Tom Daley has announced that he will come out of his retirement and return to diving at the request of his elder son. He aims at Paris 2024 Olympics.

Bitcoin Cash (BCH) is once again on the climb, after a strong consolidation period sets stage for latest push-up, but how high could BCH go - find out in BCH price analysis.

“With the launch of Velar Dharma Mainnet, we continue to push the boundaries of financial innovation with DeFi on Bitcoin. Our emphasis on accessibility and ease of use opens up the gate for a broader audience into a more inclusive, efficient, and secure ecosystem. It’s an exciting milestone for Velar, keeping it at the forefront of DeFi innovation in Bitcoin.

The #SuperIsHere campaign, driven by one of the renowned Swedish director Anders Forsman, enlightens investors, traders, and intenders that the Super App platform is now available for the diverse investment journey. The super app is built with customer centricity in mind, which is the reason the brand is trusted by 1.5 crore Indians.

Sound of Freedom is here. Find out how to watch Jim Caviezel's thriller about child sex trafficking movie Sound Of Freedom online. True Story! Here are options for downloading or watching Sound of Freedom streaming the full movie online for free on 123movies & Reddit, including where to watch Santa Fe Film's latest human trafficking superhero movie for dads with brainworms at home.

X Corp., the parent company of Twitter, has threatened a nonprofit origination—which tracks hate speech and misinformation on social media --of legal action saying it tried to hurt the social platform with its research, the New York Times reported. The New York Times reported that X Corp. has sent a notice the Center for Countering Digital Hate accusing it of making “a series of troubling and baseless claims that appear calculated to harm Twitter generally, and its digital advertising business specifically" and threatening to sue.

MCD will soon float a tender for the procurement of drones that will be deployed for monitoring and concurrent anti-larval spraying on major drains and far-flung areas to prevent the breeding of mosquito larvae, officials said on Monday. The move comes amid a rise in dengue cases in Delhi. According to the latest report issued by the Municipal Corporation of Delhi (MCD), the tally was at 243 till July 28.

Magellan-backed equities clearing firm FinClear has kicked off a spending spree with the acquisition of Transact1, a Brisbane cash investment platform used by industry super funds with $3.1 billion in funds under management.

Cryptocurrency exchanges including BTC Markets, Kraken, Swyftx and Coinbase are keen on Australia introducing regulation for the controversial crypto space, to protect investors and help rebuild trust in an industry badly damaged by FTX’s implosion last year.