Author: TheSpuzz Desk

Indian stock markets on Friday achieved a complete transition to a shorter settlement cycle or T+1 regime, a move that will bring significant capital efficiencies to the investors and improve risk mitigation for the entire industry. T+1 (trade plus one) means that market trade-related settlements will need to be cleared within one day of the actual transactions taking place. Earlier, trades on the Indian stock exchanges are settled in two working days after the transaction is done (T+2). All trades from January 27 executed in any securities in the equity segment will…

Many residents had been holding out in the face of near-constant shelling. Bakhmut, Ukraine: Olena Morozova had endured months of bombardment in what has become the most gruelling battle of the war in Ukraine for the city of Bakhmut, but on Thursday, she said she had finally had enough. “You go out into the yard — bullets whistle over your head. My hands are shaking. I couldn’t stand it anymore,” she told AFP at a humanitarian hub as she waited alongside her belongings to be evacuated. Her son had begged the 69-year-old to leave the besieged town, where a few…

Today sees the return of not one but two classic games, albeit in very different forms. First up is Goldeneye 007, the 1997 Nintendo 64 classic which is releasing on Xbox consoles and the Nintendo Switch today. Second is Dead Space, a remake of the 2008 sci-fi horror game. The former is a traditional remaster that makes more or less the same game playable on modern systems, while the latter is a complete rebuild. Both are worth checking out if you get the chance. Next up, Google is packing even more functionality into Google Search. Now, if you search for…

Bitcoin’s adoption into the mainstream – not only as a store of value but also as a means of payment – took a big step forward today. As Strike CEO Jack Mallers announced via Twitter, the Bitcoin Lightning Network went live yesterday with Clover. On Twitter, Mallers announced that Strike is now an integrated partner with payments giant Fiserv, Clover’s parent company. As a result, Strike has launched a pilot integration with Clover that will allow merchants to accept Bitcoin payments through the Lightning Network. Strike is officially an integrated partner of the payments giant Fiserv and we’ve launched our…

Wendy Rogers, a state senator in Arizona, United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) a legal tender in Arizona.  In a recent tweet, Rogers cited data from investment firm Goldman Sachs that BTC is the best-performing asset in the world and announced that she launched a set of crypto bills. “Breaking: #Bitcoin is the best performing asset in the world this year according to data from Goldman Sachs.”Launched my #Crypto bills today, as well as Photo Radar Prohibition, which included nearly all my Republican senator colleagues as cosponsors @JeffWeninger @JDMesnard pic.twitter.com/ueUeFSEybo— Wendy…

As India rolls out 5G slowly but steadily, the country went up 26 spots in rank globally for median mobile speeds, from 105th in November 2022 to 79th in the month that followed, a report showed on Friday. Median mobile download speeds in India increased from 18.26 Mbps in November to 25.29 Mbps in December, according to network intelligence and connectivity insights provider Ookla. However, India decreased one spot in rank globally for overall median fixed broadband speeds and is now at 81st position from 80th in November. The country’s performance…

Banking shares were under pressure with Nifty Bank, Nifty Private Bank and Nifty PSU Bank indices declining up to 5 per cent in past two trading days amid a heavy sell-off in equities. At 09:41 AM; Nifty Bank, Nifty Private Bank and Nifty PSU Bank indices were down 1.5 per cent to 2 per cent on the National Stock Exchange (NSE). In comparison, the Nifty 50 was down 0.67 per cent. In past two trading days, the banking indices have declined between 4 per cent and 5 per cent, as against 2 per cent decline…

In the United States, the machinery of secrecy works overtime. Washington: The discovery of classified documents at the homes of Donald Trump, Joe Biden and Mike Pence has rekindled a debate about an old habit of the US government — slapping millions of documents every year with labels of “secret,” “top secret” and other confidential designations. Nuclear secrets, names of spies, diplomatic cables: governments everywhere carefully protect information that could compromise security, names of agents or relations with other nations. But in the United States, the machinery of secrecy works overtime. Every year, some 50 million decisions are made on…

Tesla CEO Elon Musk has once again come out as a Dogecoin supporter. After being somewhat less forthcoming with his love for Dogecoin in recent weeks, Musk responded to a series of tweets from Mcdonald’s and ultimately to a question from a DOGE community member. Here’s what happened. McDonald tweeted “what did i miss” yesterday, prompting Binance’s Twitter account to reply, “A lot of green candles.” Mcdonald’s then once again showed its love for the crypto community by responding with “wagmi” – an acronym for “we are all gonna make it”, which is often used by the crypto community to…

The chairman of the newly formed U.S. congressional subcommittee on digital assets has pledged for progressive crypto regulations to ensure that “America is the place for innovation in fintech and blockchain.” Speaking on CNBC’s Squawk Box on Jan. 26, Congressman French Hill offered some of his first insights into what is anticipated for crypto regulations in the country. The Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, which is chaired by Hill, was put together on Jan. 12 with the remit of “identifying best practices and policies that continue to strengthen diversity and inclusion in the digital asset…