April 18, 2024
Crypto

Serious Fraud Office to probe collapsed cryptocurrency firm Dasset

Digital Asset Exchange traded under the name Dasset. Photo: Lev Dolgachov/ 123rf The Serious Fraud Office (SFO) has started an investigation into the multimillion-dollar collapse of a local cryptocurrency trading platform. Digital Asset Exchange, which traded under the name Dasset, was put into liquidation in August last year with $6.3 million in investments unaccounted for.

Read More
Finance

This macroeconomic stability that the Budget intends to preserve may create a good investment climate: Finance Secretary TV Somanathan | Business News

The Budget for 2024-25 has kept the level of investment up with a 11 per cent-plus increase in capex and a continuing focus on macroeconomic stability, Finance Secretary TV Somanathan said. In a post-Budget interview with Aanchal Magazine and Anil Sasi, the Union Finance Ministry’s top bureaucrat also said that the conditions for capex support

Read More