The SEC’s battle with Coinbase, the world’s largest publicly traded cryptocurrency exchange, rests on one core debate: whether digital assets are investment contracts akin to stocks or bonds that should be regulated by the SEC. Uniswap is a crypto marketplace for decentralized finance or DeFi developers, traders and liquidity providers.
Bitcoin miners, whose computer processors run the world’s most popular virtual currency, will soon face the process of “halving” — a quadrennial phenomenon which alters the profitability of the industry. Halving tends to send the virtual currency shooting higher on the prospect of reduced supply. Read on to know more:
PhonePe in a statement said it will run on-ground activation aimed at raising awareness about digital payments among local merchants while demonstrating the convenience of digital payments for customers. With kiosks showing how to use digital payments and other interactive activities, PhonePe along with eSewa and HAN Pokhara will showcase the ease of UPI payments.
The total volume in DeFi is currently $9.7 billion, 9.73% of the total crypto market 24-hour volume. The volume of all stablecoins is now $91.6 billion, which is 91.6% of the total crypto market 24-hour volume, as per data available on CoinMarketCap. In the last 24 hours, the market cap of Bitcoin, the world’s largest …
Cryptocurrency Price Today: Bitcoin falls below $69,400 ahead of US inflation data Read More »
While there has been a funding winter in startups over the past year, funding has seen an uprise in early stage deal funding and decline in late stage deals funding. FinTechs across the globe raised about USD 1.96 billion in March, while the top 20 deals summed up to about USD 1.3 billion.
The student initially deposited Rs 1,000 into a bank account specified by the person and received Rs 1,400 in return, thereby reinforcing his belief in the scheme, the official said. However, later he neither received the promised returns nor was he able to retrieve the invested amount in lakhs, the official said.
The original cryptocurrency has rallied more than 60% since the start of the year, driven by optimism over record demand for US exchange traded funds that hold the tokens directly. Bitcoin prices have tended to rise in the months after the three previous halving, which takes place every four years.
One97 Communications, the parent company of Paytm in a regulatory filing said Chawla will be relieved from his duties from June 26, 2024.
The combination of lower revenue growth and margins would push back net income breakeven, the US brokerage said, expecting Paytm to achieve Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) breakeven in FY27 and net income break- even in FY28. The company which operates Paytm is expected to witness a gradual growth in its lending …
BofA resumes coverage on Paytm with ‘underperform’ rating Read More »
The banking system is witnessing a strong loan growth. A recent report by 1Lattice revealed that there’s been an uptick in overall outstanding loans, of around 16 per cent, in February 2024.
