Financial Losses
- All
- News
- Videos
-
Kraken Fined in Australia for Legal Violations Resulting in Financial Losses to Citizens
Australia has fined US-based crypto exchange Kraken $5.1 million (roughly Rs. 43 crores or AUD 8 million). The ASIC criticised Bit Trade, which operates Kraken locally, for improper marketing that led to financial losses for Australian citizens.
-
22,000 Kilograms Of Cheese Stolen In Major Scam At London Manufacturer
Thieves conned Neal's Yard Dairy in London out of 22 tonnes of luxury cheddar, posing as wholesale distributors for a prominent French retailer.
-
COP16 Biodiversity Summit: How Nations Are Tackling Global Biodiversity Loss and Species Extinction
The COP16 summit in Colombia brings global leaders together to address the alarming loss of biodiversity, with over one million species at risk of extinction. Countries will assess their progress on reversing species extinction and take steps towards a target of protecting 30% of land and sea by 2030. The meeting also focuses on financing biodivers...
-
Teacher Gets Scam Call About Daughter In Sex Racket, Dies Of Heart Attack
Scams over the telephone have led to several people suffering financial losses so far, but this may be the first instance in which one such attempted fraud allegedly cost a woman her life.
-
"Have Letter, Next Step Is...": Mysuru Land Body On Siddaramaiah's Wife's Offer
The Mysuru land authority at the centre of a financial and political storm - involving Chief Minister Siddaramaiah and alleged losses of Rs 45 crore to the state - has received an offer of restitution from his wife, the urban body's Chairperson said.
-
Dubai's VARA Announces Stricter Regulations for Crypto Marketing
Dubai’s Virtual Asset Regulatory Authority (VARA) has announced that marketing content related to digital assets should carry a disclaimer notifying people that engaging with digital assets could be financially risky.
-
Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
-
Chinese Woman Scammed Of Rs 11 Lakh, Falls For Scammer And Aids In Crime
A 40-year-old Chinese woman, Hu, fell victim to a romance scam, losing Rs 11 lakh (US$14,000) to a man named Chen, whom she met online.
-
Paytm Q4 FY24 Loss Widens To Rs 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.
-
Post-Study Visa Route Dominated by Indians Should Stay, Finds UK Review
A post-study visa route dominated by Indian graduates is helping the universities in the UK make up for financial losses on the domestic front and expanding the country's research landscape, a review commissioned by the British government concluded.
-
New Zealand Commerce Minister Warns Leaders on Being Slow in Crypto Exploration
Andrew Bayly has expressed concerns that New Zealand’s ‘wait and see’ approach on Web3 and digital assets is snubbing its growth in fintech, gaming, blockchain, and other related sectors.
-
Everton Announce GBP 89.1m Losses For 2022-23 Season
Premier League strugglers Everton revealed an 89.1 million pounds ($112 million) loss for the 2022-23 season in their latest financial accounts on Sunday.
-
FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
Crypto investment scams rose substantially last year. The FBI said it received 8,80,400 financial scam complaints last year with the amount of loss coming close to $12.5 billion (roughly Rs. 1,03,428 crore).
-
Financial Loss And More: What BCCI Contract Snub Means For Ishan Kishan And Shreyas Iyer
Shreyas Iyer and Ishan Kishan found themselves excluded as the Board of Control for Cricket in India (BCCI) announced its centrally-contracted players for 2023-24.
-
Crypto Price Today: Bitcoin, Ether Tumble in Pricing, Underdog Cryptocurrencies Iota, Cartesi Mint Small Gains
The overall crypto market cap dropped by 4.91 percent in the last 24 hours. BTC and ETH recorded losses on Thursday, January 4 after a report by crypto financial services firm Matrixport anticipated the rejection of Bitcoin spot EFT proposals by the SEC in the US.
-
Kraken Fined in Australia for Legal Violations Resulting in Financial Losses to Citizens
Australia has fined US-based crypto exchange Kraken $5.1 million (roughly Rs. 43 crores or AUD 8 million). The ASIC criticised Bit Trade, which operates Kraken locally, for improper marketing that led to financial losses for Australian citizens.
-
22,000 Kilograms Of Cheese Stolen In Major Scam At London Manufacturer
Thieves conned Neal's Yard Dairy in London out of 22 tonnes of luxury cheddar, posing as wholesale distributors for a prominent French retailer.
-
COP16 Biodiversity Summit: How Nations Are Tackling Global Biodiversity Loss and Species Extinction
The COP16 summit in Colombia brings global leaders together to address the alarming loss of biodiversity, with over one million species at risk of extinction. Countries will assess their progress on reversing species extinction and take steps towards a target of protecting 30% of land and sea by 2030. The meeting also focuses on financing biodivers...
-
Teacher Gets Scam Call About Daughter In Sex Racket, Dies Of Heart Attack
Scams over the telephone have led to several people suffering financial losses so far, but this may be the first instance in which one such attempted fraud allegedly cost a woman her life.
-
"Have Letter, Next Step Is...": Mysuru Land Body On Siddaramaiah's Wife's Offer
The Mysuru land authority at the centre of a financial and political storm - involving Chief Minister Siddaramaiah and alleged losses of Rs 45 crore to the state - has received an offer of restitution from his wife, the urban body's Chairperson said.
-
Dubai's VARA Announces Stricter Regulations for Crypto Marketing
Dubai’s Virtual Asset Regulatory Authority (VARA) has announced that marketing content related to digital assets should carry a disclaimer notifying people that engaging with digital assets could be financially risky.
-
Analysing WazirX’s Controversial Approach to Mitigating Financial Impact of Wallet Hack
WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...
-
Chinese Woman Scammed Of Rs 11 Lakh, Falls For Scammer And Aids In Crime
A 40-year-old Chinese woman, Hu, fell victim to a romance scam, losing Rs 11 lakh (US$14,000) to a man named Chen, whom she met online.
-
Paytm Q4 FY24 Loss Widens To Rs 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.
-
Post-Study Visa Route Dominated by Indians Should Stay, Finds UK Review
A post-study visa route dominated by Indian graduates is helping the universities in the UK make up for financial losses on the domestic front and expanding the country's research landscape, a review commissioned by the British government concluded.
-
New Zealand Commerce Minister Warns Leaders on Being Slow in Crypto Exploration
Andrew Bayly has expressed concerns that New Zealand’s ‘wait and see’ approach on Web3 and digital assets is snubbing its growth in fintech, gaming, blockchain, and other related sectors.
-
Everton Announce GBP 89.1m Losses For 2022-23 Season
Premier League strugglers Everton revealed an 89.1 million pounds ($112 million) loss for the 2022-23 season in their latest financial accounts on Sunday.
-
FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
Crypto investment scams rose substantially last year. The FBI said it received 8,80,400 financial scam complaints last year with the amount of loss coming close to $12.5 billion (roughly Rs. 1,03,428 crore).
-
Financial Loss And More: What BCCI Contract Snub Means For Ishan Kishan And Shreyas Iyer
Shreyas Iyer and Ishan Kishan found themselves excluded as the Board of Control for Cricket in India (BCCI) announced its centrally-contracted players for 2023-24.
-
Crypto Price Today: Bitcoin, Ether Tumble in Pricing, Underdog Cryptocurrencies Iota, Cartesi Mint Small Gains
The overall crypto market cap dropped by 4.91 percent in the last 24 hours. BTC and ETH recorded losses on Thursday, January 4 after a report by crypto financial services firm Matrixport anticipated the rejection of Bitcoin spot EFT proposals by the SEC in the US.
