Among its major cost items, Slice reported a massive jump in employee costs as the startup expanded its strength significantly in the last fiscal. Its employee costs for FY23 shot up to Rs 287 crore from around Rs 99 crore. Its overall expenses went up to Rs 1,272 crore from Rs 542 crore a year …
Slice posts 200% jump in FY23 operating revenue, losses go up 60% Read More »
Rodney Burton, alias “Bitcoin Rodney,” is accused of promoting a fraudulent crypto investment scheme, marking the first arrest in the HyperVerse saga. The US Internal Revenue Service (IRS) alleges Burton ran an unlicensed money transmitting business, receiving over $7.8 million from investors. HyperFund, operating under various names, promised daily rewards but collapsed, leaving investors with …
Fidelity, Invesco and Galaxy Digital and WisdomTree were among other firms that filed amended S-1 applications with the SEC. The regulator has until January 10 to take action on at least one of their applications, and crypto insiders have speculated the regulator will use that date to announce a slew of decisions at once.
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 1.71 billion in December, while the top 20 deals summed up to about USD 1.43 billion.
In her new role, Daga will be tasked with enhancing the information security, cyber security and data privacy framework at Angel One. She will also focus on further developing, implementing, and enforcing robust security policies to safeguard customer sensitive information and sensitive information across the company. Read on to know more:
Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 crore in profit in FY23 as compared to Rs 31 crore in FY22, a more than 3.5 times growth. Ravi Pillai, Chairman at RP Group of Companies, and Ram Nayak, Co-Head of Deutsche Bank, invested $5.4 million and …
Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77% Read More »
“North Korea conducts nearly all of its attacks by compromising private keys and seed phrases, which are critical security elements of digital wallets. Hackers transfer the victims’ digital assets to wallet addresses controlled by North Korean operatives,” the report said. Moreover, the report mentioned that the DPRK’s money laundering methods constantly evolve to evade international …
North Korean hackers stole $600 mn in crypto in 2023: Report Read More »
As UPI gains popularity in India, scams associated with this digital payment system are increasing. Scammers target vulnerable individuals and extract significant sums of money through fraudulent activities. Recently, a woman successfully prevented a scammer from deceiving her. The scammer claimed to transfer her father’s ‘LIC money’ to her Google Pay account, but she realized …
UPI scams: How they work, different types and tips to keep your money safe Read More »
Would-be Bitcoin ETF issuers have been given until Monday morning in Washington to submit any last-minute revisions to their pending applications, Bloomberg News has reported. The US Securities and Exchange Commission itself has until Jan. 10 to take action on at least one of those applications, and crypto insiders have speculated the regulator will use …
Bitcoin ETF hopefuls eye this week for long-awaited SEC greenlight Read More »
A crypto phishing scam is a fraudulent attempt to trick people into revealing their private keys or other sensitive information related to their cryptocurrency holdings, ultimately leading to the theft of their digital assets. Some common phishing scam techniques include pretending to be a legitimate company or platform, phishing links and malware, fake customer support, …
Explained: What is crypto phishing scam and how you can stay safe Read More »
