The FinTech Hub
Source: Live Mint Despite the slew of reasons offered by mainstream media, such as Iran-Israel conflict, China stimulus, regulatory changes, the underlying reality is that Indian markets have been overvalued for some time now. Market-cap to GDP ratio, price to earnings, price/earnings to growth ratio, or small-cap to Sensex ratio, whichever metric you choose, the…
Source: Bitcoinist Amid the recent renewed upward price movement in Bitcoin, the demand for the largest cryptocurrency asset among short-term holders has witnessed a notable rise, suggesting strong optimism about BTC’s potential for growth in the near term. Short-Term Holders Demand For Bitcoin Rebounds Axel Adler Jr., a macro researcher and author at leading on-chain…
Source: Coin Tegraph The startup is onboarding BTC miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25687516/8053c81985c74fafaf98560c67878d800ef51f9e_scaled.jpg?w=600&resize=600,400&ssl=1 "Spider-Man 2 is latest PlayStation exclusive coming to PC")
Source: The Verge The PC port will include the base game and all of its subsequent DLC, like New Game Plus mode and extra spider suits, along with PC-specific features like “keyboard and mouse controls, ultra widescreen support, and numerous graphical options,” according to Mike Fitzgerald, Core Technology Director at developer Insomniac. That will include…
Source: Coin Tegraph Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/24015543/226268_CHEVY_EV_LINEUP_PHO_ahawkins_0007.jpg?w=600&resize=600,400&ssl=1 "GM will start making money on EVs this year, says CEO")
Source: The Verge Right now Tesla sells the most EVs in the US — and has been making a profit on them alone since 2021. The second largest producer of EVs in the country is Ford, but it has been posting more than a billion dollars in losses for the first two quarters of this…
Source: Live Mint Multibagger stock Ritco Logistics, engaged in transportation activities, has witnessed a remarkable surge in its share price over the recent months, consistently breaking record highs and achieving significant milestones. Notably, it has demonstrated a strong ability to recover quickly after any dips, often bouncing back with increased momentum, leading to substantial returns…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24533927/STK149_AI_Writing.jpg?w=600&resize=600,400&ssl=1 "Penguin Random House books now explicitly say ‘no’ to AI training")
Source: The Verge Book publisher Penguin Random House is putting its stance on AI training in print. The standard copyright page on both new and reprinted books will now say, “No part of this book may be used or reproduced in any manner for the purpose of training artificial intelligence technologies or systems,” according to…
Source: Coin Tegraph The firm investigated four distinct “sabotage” threat vectors for AI and determined that “minimal mitigations” were sufficient for current models. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25687522/2178426888.jpg?w=600&resize=600,400&ssl=1 "Cuba’s power went out across the island on Friday")
Source: The Verge Cuba lost power across the nation on Friday after a major power plant failed, according to the country’s energy ministry. Blackouts have been a recurring problem for Cuba’s aging power grid, the New York Times reported, noting the country has lacked fuel to run the gird fully for weeks. Its national electricity…
