The FinTech Hub
/cdn.vox-cdn.com/uploads/chorus_asset/file/25656156/Matternet_M2.jpg?w=600&resize=600,400&ssl=1 "Silicon Valley gets its first drone delivery service")
Source: The Verge The delivery platform uses a variant of the M2 drone — currently the only non-military drone certified by the FAA for deliveries in the US, according to Matternet — which is equipped with a tether drop system to lower packages down to customers’ homes. Matternet says the delivery process is fully automated,…
Source: Live Mint Can I buy an individual term life cover if my company already covers me under a group term life policy? Will there be a conflict between the two policies in terms of maximum sum assured? Will my nominee get a claim from both policies? – Name withheld on request The underwriting for…
Source: Coin Tegraph Visa announced its tokenized asset platform for issuing and managing digital assets, including stablecoins and CBDCs, to meet growing demand in the blockchain space. Read Full Article
Source: Business Standard Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE(Photo: Shutterstock) 3 min read Last Updated : Oct 03 2024 | 5:19 PM IST Indian investors are looking beyond domestic markets to diversify their portfolios and tap global growth opportunities. Investing in international stocks has become…
Source: Business Standard The move will help increase the liquidity of privately placed InvIT units. | Photo: Shutterstock 3 min read Last Updated : Oct 03 2024 | 5:18 PM IST Markets regulator Sebi has drastically reduced the trading lot size of privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh in a…
/cdn.vox-cdn.com/uploads/chorus_asset/file/23932925/acastro_STK108__03.jpg?w=600&resize=600,400&ssl=1 "Epic knows its game store social features ‘suck,’ but it wants to fix that")
Source: The Verge Epic’s game store is finally on mobile. Next up, the company plans to add features that make people want to use it — on both mobile and PC. A key thing Epic Games wants to introduce is what store boss Steve Allison calls a “social framework” — think the types of social…
Source: Bitcoinist A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions. This revelation, published by Fortune and sourced from the Crypto Information Sharing and Analysis Center (CryptoISAC), challenges the narrative that digital assets are the first choice for criminal…
Source: Coin Tegraph A Binance report flags the dangers of inflated valuations and centralization of token ownership, warning of potential destabilization if unchecked. Read Full Article
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Oct 03 2024 | 5:29 PM IST Refex Industries (Refex), a leader in diversified sectors such as ash and coal handling and electric vehicle (EV) mobility, is planning to raise Rs 927.81 crore through a preferential issue of equity and convertible warrants to…
Source: Live Mint Stock Market Today: The benchmark Nifty 50 index gained 14.91% during the April-September 2024 period or the first half of FY25. Against this backdrop, five key indices emerged as underperformers during the period. These include Nifty Oil & Gas, Nifty Energy, Nifty Private Bank, Nifty Bank and Nifty PSU Bank indices. While…
