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Finance

AAVE’s dream run – Is it going to continue or is a correction in sight

AAVE’s dream run – Is it going to continue or is a correction in sight

Decentralized finance (DeFi) lending protocol Aave’s governance token surged 84% since its 16 March V3 upgrade. This marked a significant evolution of the existing model of liquidity pools by promising to improve financial efficiency, bolster current safety and security measures. In addition, it even fosters greater decentralization via DAO development and enhances the user-interface design. 🔥 …

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India’s crypto tax policy takes effect on 1 April: Here’s a brief recap

India’s crypto tax policy takes effect on 1 April: Here’s a brief recap

In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective date of the capital gains tax set for 1 April 2022. That has been clear since. But what else might crypto holders need to keep tabs on? What the Taxation of Virtual Digital Assets says As part of her budget speech …

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China March factory activity contracts at sharpest rate in 2 years

China March factory activity contracts at sharpest rate in 2 years

Please try another search Economy4 hours ago (Apr 01, 2022 01:06AM ET) © Reuters. FILE PHOTO: Employees work on a production line manufacturing metal parts for furniture at a factory in Hangzhou, Zhejiang province, China April 30, 2020. China Daily via REUTERS BEIJING (Reuters) – China’s factory activity slumped at the fastest pace in two …

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Sri Lanka lifts curfew after violent protests over economic crisis

Sri Lanka lifts curfew after violent protests over economic crisis

Please try another search Economy2 hours ago (Apr 01, 2022 03:56AM ET) 2/2 © Reuters. FILE PHOTO: Demonstrators move away from tear gas used by the police near Sri Lankan President Gotabaya Rajapaksa’s residence during a protest against him as many parts of the crisis-hit country faced up to 13 hours without electricity due to …

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RBA to end its longest easing cycle in Q3; June hike possible

RBA to end its longest easing cycle in Q3; June hike possible

Please try another search Economy5 hours ago (Apr 01, 2022 12:51AM ET) © Reuters. A woman takes a picture next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz By Devayani Sathyan and Vivek Mishra BENGALURU (Reuters) – Australia’s central bank will end its longest easing cycle on …

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Asia deals slide in Q1, hit by deteriorating business outlook

Asia deals slide in Q1, hit by deteriorating business outlook

Please try another search Economy5 hours ago (Apr 01, 2022 12:11AM ET) © Reuters. FILE PHOTO: High-rise buildings are seen at the Shinjuku business district during sunset in Tokyo, Japan, March 7, 2017. Picture taken March 7, 2017. REUTERS/Toru Hanai By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE (Reuters) – Asia deal volume tumbled in the …

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Strong U.S. employment gains expected in March; jobless rate seen falling to 3.7%

Strong U.S. employment gains expected in March; jobless rate seen falling to 3.7%

Please try another search Economy5 hours ago (Apr 01, 2022 12:10AM ET) © Reuters. FILE PHOTO: The sign at an automobile oil-change shop reads “Sos Help Wanted” in Brockton, Massachusetts, U.S., January 4, 2022. REUTERS/Brian Snyder By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth likely continued at a brisk clip in March, with the …

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Composable Finance Raises $32 Million in Series A

Composable Finance Raises $32 Million in Series A

Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among those …

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Alpha Venture DAO Accelerating Web3 Growth By Connecting Builders with Investors & Expertise

Alpha Venture DAO Accelerating Web3 Growth By Connecting Builders with Investors & Expertise

Alpha Finance Lab has launched its decentralized autonomous organization (DAO) dubbed the Alpha Venture DAO to help developers and builders expand the boundaries of innovation and accelerate the growth of Web3. Builders in the Alpha Venture DAO ecosystem will work alongside several thought leaders and experts to usher in the next era of the Web3 …

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