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SBI expects to recover Rs 8,000 cr from written-off accounts in FY22
- February 13, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
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Country’s largest lender State Bank of India (SBI) is expecting to recover around Rs 8,000 crore from written-off accounts, including from NCLT resolved cases, in the current fiscal year to be ending on March 31, 2022.
During the third quarter ended December 2021, SBI recovered Rs 1,500 crore from written-off accounts and for the nine months during April-December FY22, the recovery amount stands at Rs 5,600 crore, SBI said in a post Q3 FY22 earnings call with analysts.…
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Couple charged with money laundering tied to 2016 $4.5B crypto hack
- February 9, 2022
- Posted by: MasterAdmin
- Category: Blockchain
The Justice Department on Tuesday announced the arrest of a couple in New York charged with conspiring to launder stolen Bitcoin linked to the 2016 hack of a cryptocurrency exchange from which $4.5 billion went missing.
About $3.6 billion in cryptocurrency from the 2016 hack of the cryptocurrency exchange Bitfinex has so far been recovered in what Justice Department officials said Tuesday is the department’s largest such seizure to date.…
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Feds seize $3.6 billion in bitcoin stolen from Bitfinex hack
- February 9, 2022
- Posted by: MasterAdmin
- Category: Altcoins
It marks the agency’s largest financial seizure ever, Deputy Attorney General Lisa Monaco said in a statement.
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U.N. experts: North Korea seeks to produce material for nukes
- February 7, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
UNITED NATIONS — North Korea has continued to develop its nuclear and ballistic missile programs including its capability to produce nuclear device components in violation of U.N. Security Council resolutions, U.N. experts said in a new report.
The panel of experts said in the executive summary of the report obtained Saturday night by The Associated Press that there was “a marked acceleration” of Pyongyang’s testing and demonstration of new short-range and possibly medium-range missiles through January, “incorporating both ballistic and guidance technologies and using both solid and liquid propellants.”…
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Earnings are driving the market, but it’s not clear where
- February 6, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
The stock market’s swings over the past few weeks have been enough to give you whiplash. For most of January, the Federal Reserve’s shift toward a tighter monetary policy, along with soaring inflation, were largely responsible for a fierce downward spiral in the market. The Fed still lurks in the background, but it hasn’t been the immediate cause of the gyrations this week.…
