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Nasdaq makes first big crypto push to lure institutional clients: Report

Nasdaq has been focused on diversifying its revenue sources beyond the exchange business where shares in public companies trade. It’s made investments in software, data and other offerings. The company also outsources its own software to crypto players, including surveillance and trading tools.

As a custodian of digital assets -- a step which is pending approval from the New York Department of Financial Services -- Nasdaq would be competing with crypto firms such as Coinbase, Anchorage Digital and BitGo.(iStock)
As a custodian of digital assets -- a step which is pending approval from the New York Department of Financial Services -- Nasdaq would be competing with crypto firms such as Coinbase, Anchorage Digital and BitGo.(iStock)
Published on Sep 20, 2022 06:02 PM IST
Bloomberg | | Posted by Aryan Prakash

Singapore's best nightlife, drinks culture coming back fast due to Formula One

Formula One, with an extra-special night race, is coming to Singapore in late September and early October. Tickets have been selling out minutes after they become available, conferences are being planned around the event and the city-state is in peak anticipation mode.

Singapore's best nightlife, drinks culture coming back fast due to Formula One and crypto conference(Unsplash)
Singapore's best nightlife, drinks culture coming back fast due to Formula One and crypto conference(Unsplash)
Updated on Sep 16, 2022 07:46 PM IST
Bloomberg | | Posted by Zarafshan Shiraz

ED freezes 47 crore, including 3 Bengaluru cos, in Chinese loan app case

The Enforcement Directorate, in its probe against app-based token, HPZ, raided several locations across the country, landing ₹46.67 crores of cheat money.

The ED conducted raids across multiple locations in the country, uncovering incriminating evidence from Bengaluru while finding <span class='webrupee'>₹</span>9.5 crores of cash in virtual accounts.((Facebook) )
The ED conducted raids across multiple locations in the country, uncovering incriminating evidence from Bengaluru while finding 9.5 crores of cash in virtual accounts.((Facebook) )
Published on Sep 16, 2022 04:55 PM IST
ByYamini C S | Edited by Chandrashekar Srinivasan

Bitcoin lingers near $20,000; Ether extends drop before ‘merge’

Bitcoin was down less than 1% to $20,140 as of 10:27 a.m. in New York after a near-10% plunge on Tuesday. Ether, the native token of Ethereum, decline for a third day, dropping about 1% to $1,590.

Both Ether and Bitcoin have more than halved in 2022.
Both Ether and Bitcoin have more than halved in 2022.
Published on Sep 14, 2022 08:33 PM IST
Bloomberg |

Indian citizen pleads guilty in 1st ever crypto insider trading case in US

This is the first time that a defendant has admitted his guilt in an insider trading case in the US involving the cryptocurrency markets.

Representational image.(iStock)
Representational image.(iStock)
Published on Sep 13, 2022 10:18 PM IST
PTI |
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