The FinTech Hub
Source: Business Standard 2 min read Last Updated : Aug 03 2024 | 5:50 PM IST ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, said it has expanded its convertible debentures round to $65 million, to accommodate new investment from EDBI, a leading Singapore-based global investor. These additional funds will…
Source: Live Mint Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach…
Source: Bitcoinist The rollercoaster ride for Ripple’s XRP continues as the token hits a new low, following a massive $330 million liquidation by its holders. This major sell-off has sent shockwaves through the community, causing a sharp drop in XRP’s value as it teeters on a critical support level. However, amidst the bearish sentiment and…
Source: Live Mint In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and…
Source: Coin Tegraph The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign. Read Full Article
Source: Business Standard If you are looking for better interest rates than what banks offer, corporate fixed deposits (FDs) from non-banking financial companies (NBFCs) and housing finance companies (HFCs) might catch your interest. These deposits often provide higher returns, making them an attractive option for those wanting to grow their savings. “One of…
Source: Business Standard 3 min read Last Updated : Aug 05 2024 | 12:14 AM IST The security breach at crypto exchange firm WazirX which resulted in the theft of over $230 million, has prompted other players to roll out programmes that secure customers’ wallets and funds. These measures may include compensatory funds to…
Source: Bitcoinist Injective Protocol (INJ) has been making headlines with its focus on decentralized finance (DeFi) solutions and cross-chain compatibility, but the token is facing resistance in recent market movements. While Injective Protocol (INJ) remains a promising project within the blockchain space, the rise of new players like Mpeppe (MPEPE), a cutting-edge A.I.-powered casino token,…
Source: Live Mint Even if that appears appealing, the programme has undergone quite a few changes recently.Mint gives a lowdown on the pros and cons of the Portugal Golden Visa programme. The application process Until recently, real estate investment was a popular route for individuals seeking a Portugal Golden Visa. However, from October 2023, real…
Source: Coin Tegraph Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents. Read Full Article
