Arpita Mukherjee

Standard Chartered, a leading UK-based bank, has made bold predictions about the future price of Bitcoin (BTC), forecasting a surge to $50,000 this year and an astonishing $120,000 by the end of 2024. The bank suggests that such price increases […]

In a troubling turn of events, decentralized finance (DeFi) platform Arcadia Finance appears to have fallen prey to an exploit, resulting in a loss of approximately $455,000. Reports have surfaced, indicating that a prominent blockchain security firm has identified fraudulent […]

In a dramatic turn of events, Celsius Network, the bankrupt crypto lender, has filed a lawsuit against liquid stacking platform StakeHound, seeking the recovery of $150 million worth of tokens. The legal action comes after StakeHound allegedly failed to return […]

In a dramatic turn of events for the digital asset industry, the US Securities and Exchange Commission (SEC) has filed a lawsuit against Celsius Network Ltd. for fraudulent activities. As the legal proceedings unfold, the former CEO, Alex Mashinsky, has […]

In the face of various challenges, Binance, the renowned cryptocurrency exchange, has achieved a remarkable milestone. Changpeng Zhao, the CEO of Binance, proudly announced on social media that the platform has reached a staggering 150 million registered users. This announcement […]

A recently disclosed filing with the U.S. Office of Government Ethics has unveiled that former U.S. President Donald Trump is in possession of cryptocurrency holdings valued at potentially up to $500,000, a surprising revelation considering his previous skepticism towards digital […]

In a dramatic turn of events, United States District Judge Lewis Kaplan has revoked the bail of Sam Bankman-Fried, the indicted founder of the now-defunct FTX cryptocurrency exchange. The decision comes after probable cause was found that Bankman-Fried had tampered […]

Banks have so far been hesitant to extend loans to certain categories of potential borrowers. These are entities without a proven track record which makes lenders assign them a higher probability of default. For each of such default, the lenders need to create covers in their own annual financial statements under prudential norms to retain their financial health and operability. Such sectors include MSMEs, the wage-earning/working class, agricultural workers, students, and other borrowers with limited or unavailable credit history. This is where fintechs stepped in as lending service providers (LSPs) providing a much needed balance in credit disbursals.

The Supply Chain Resilience Agreement aims to reduce dependence on China and enhance the manufacturing of essential goods within member nations.

Supported by a growing middle class, widespread internet-and-mobile adoption and a digital payments revolution, e-com is booming in the region. What we need now is an APAC forum led by India for regional cooperation and policy harmonization that would work to the benefit of sellers and buyers alike.