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SEC Files Lawsuit Against Coinbase, Alleging Unregistered Broker and Exchange Activities-thumnail

SEC Files Lawsuit Against Coinbase, Alleging Unregistered Broker and Exchange Activities

SEC Files Lawsuit Against Coinbase for alleged unregistered broker and exchange activities, demanding a permanent halt. Coinbase’s shares fell 12% after the lawsuit, following a 9% drop due to charges against Binance. SEC claims Coinbase violated securities laws, while the company argues for transparent legislation instead of litigation

Business

Jun 7, 2023

“2070 Health Receives $30M Investment to Transform Indian Healthcare”-thumnail

“2070 Health Receives $30M Investment to Transform Indian Healthcare”

India-based healthcare venture studio, 2070 Health, secures a substantial $30 million investment from W Health Ventures. The funding will drive innovation in healthcare, accelerating the development of groundbreaking companies that aim to make high-quality healthcare more accessible and affordable for one billion Indians.

Investment & Funding

Jun 7, 2023

Lentra Raises $27 Million in Extended Series B Round Led by MUFG Bank and Dharana Capital-thumnail

Lentra Raises $27 Million in Extended Series B Round Led by MUFG Bank and Dharana Capital

Cloud-lending firm Lentra raises $27 million in an extended series B round led by MUFG Bank and Dharana Capital, bringing their total funding to $87 million. Lentra aims to empower lenders globally with its loan management system and expand its presence in Southeast Asia and the US.

Investment & Funding

Jun 7, 2023

On June 6, Samsung Will Officially Launch The Galaxy F54 5G In India Expected Price and Features-thumnail

On June 6, Samsung Will Officially Launch The Galaxy F54 5G In India Expected Price and Features

On June 6, Samsung will introduce the Galaxy F54 5G in India. On Flipkart and the Samsung website, the mid-range smartphone will be available for purchase. Some important camera specifications

New Launch

Jun 6, 2023

Chinese Suppliers Protest Payment Cuts by Chongqing Changan Automobile-thumnail

Chinese Suppliers Protest Payment Cuts by Chongqing Changan Automobile

Suppliers to Chongqing Changan Automobile, a state-owned Chinese automaker, have expressed their dissatisfaction after the company reduced their payments by 10%. The suppliers argue that they are unfairly being made

Automotive

Jun 6, 2023

Euro Zone Faces Persistent Price Pressures, but Monetary Policy Shows Effectiveness-thumnail

Euro Zone Faces Persistent Price Pressures, but Monetary Policy Shows Effectiveness

The President of the Dutch central bank, Klaas Knot, has stated that underlying price pressures in the euro zone may pose challenges, although monetary policy is exhibiting signs of effectiveness.

Finance

Jun 6, 2023

RBI Announces VRRR Auction to Tackle Liquidity Surplus-thumnail

RBI Announces VRRR Auction to Tackle Liquidity Surplus

RBI

Finance

Jun 6, 2023

OnePlus, Realme, and Oppo will split as parent company BBK Electronics Corp seeks to de-risk its India business-thumnail

OnePlus, Realme, and Oppo will split as parent company BBK Electronics Corp seeks to de-risk its India business

BBK Electronics Corp, China’s top smartphone manufacturer, has separated three of its major brands in India – Oppo, OnePlus, and Realme – into independent organizations, with revenues accounted for in their accounts, as it strives to mitigate the possibility of future government action against Chinese firms.

News

Jun 6, 2023

El Salvador is collaborating to develop a $1 billion Bitcoin mining facility-thumnail

El Salvador is collaborating to develop a $1 billion Bitcoin mining facility

Volcano Energy stated that the funds would be used to build a 241 MW solar and wind energy power generation park in the northern town of Metapan, which will eventually

Finance

Jun 6, 2023

Morgan Stanley Anticipates Temporary Earnings Dip for S&P 500 Companies in 2023, Followed by Strong Rebound in 2024-thumnail

Morgan Stanley Anticipates Temporary Earnings Dip for S&P 500 Companies in 2023, Followed by Strong Rebound in 2024

“Morgan Stanley predicts 16% drop in S&P 500 profits in 2023, followed by a strong rebound in 2024 due to accommodative Federal Reserve policy. Wall Street Bank anticipates earnings to

Industry

Jun 6, 2023

Bank of Korea (BOK) Prioritizes Dollar Liquidity Over Gold Holdings for Foreign Exchange Reserves-thumnail

Bank of Korea (BOK) Prioritizes Dollar Liquidity Over Gold Holdings for Foreign Exchange Reserves

In a recent statement, the Bank of Korea (BOK) expressed its preference for maintaining dollar liquidity rather than increasing its gold holdings for foreign exchange reserves. The BOK’s Reserve Management Group highlighted the need for a cautious approach in determining the gold-to-reserves ratio, citing various factors influencing their decision.

Finance

Jun 6, 2023

Nikhil Kamath, the youngest and fourth Indian to sign the Giving Pledge, has pledged to give away the majority of his money-thumnail

Nikhil Kamath, the youngest and fourth Indian to sign the Giving Pledge, has pledged to give away the majority of his money

Nikhil Kamath, the co-founder of Zerodha, stated that despite his young age, he is motivated to making a good difference in the world and believes that the foundation’s aim of

News

Jun 6, 2023


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