The FinTech Hub
Source: Bitcoinist A United Kingdom-based regulatory body raised concerns that TikTok’s virtual currency could be used by unscrupulous groups in their money laundering activities. The UK’s Financial Conduct Authority (FCA) underscored the increasing concerns surrounding TikTok Coins and served as a cautionary note on the platform. Some feared that the virtual currency could be tapped…
Source: Coin Tegraph A group of NFT holders sued an art gallery, claiming it failed to deliver its promised metaverse club. Read Full Article
Source: Live Mint Hyundai Motor India IPO: The much-anticipated Hyundai Motor India IPO is open for subscription and has been receiving slow response from investors. The public issue has garnered mixed reactions from investors and has sparked widespread discussions about the valuations and the issue being fully an offer for sale (OFS) by the South…
Source: Coin Tegraph The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases. Read Full Article
Source: Venture Beat Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Pika a.k.a Pika Labs or Pika AI, the Palo Alto, California-based startup that has raised $55 million to disrupt video production with its video AI models of the same name, is further expanding…
Source: Venture Beat Konvoy has published its latest report on venture capital funding in the gaming industry, which shows signs of normalizing. Read Full Article
Source: Coin Tegraph Becoming a ghost in the machine could have financial benefits, but for who? Read Full Article
Source: Live Mint NCD issue: TVS Holdings on Wednesday, October 16 announced that its board will meet on October 23, 2024, to consider raising funds through the issuance of non-convertible debentures (NCDs) on a private placement basis. The fundraising will be conducted in one or more tranches over time, aligning with the company’s strategic financial…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25263314/STK169_Zuckerberg_A_CVirginia.jpg?w=600&resize=600,400&ssl=1 "Meta is laying off employees at WhatsApp, Instagram, and more")
Source: The Verge Meta has begun laying off employees across various departments, including WhatsApp, Instagram, and Reality Labs, according to people familiar with the matter. Rather than a mass, companywide layoff, these smaller cuts seem to coincide with reorganizations of specific teams. Some Meta employees have started posting that they’ve been laid off. Among them…
Source: Coin Tegraph According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme. Read Full Article
