The FinTech Hub
Source: Bitcoinist Gary Wang, the co-founder of the now-defunct crypto exchange FTX, was sentenced on Wednesday to time served, along with three years of supervised release for his involvement in a sweeping $8 billion fraud scheme. This makes him the fifth and final ex-employee of FTX to face punishment in the fallout from the company’s…
Source: Bitcoinist Bitcoin has reached a new all-time high, tagging $97,900 just hours ago, as the market sentiment remains extremely bullish. This explosive rally has investors questioning how long this uptrend can be sustained and what lies ahead for the market leader. Bitcoin’s recent performance has drawn comparisons to its historic 2020 bull run, sparking…
Source: Live Mint Artificial intelligence (AI) became a household topic of discussion after the launch of ChatGPT, the GenAI tool that could make content by adding a prompt, in November 2022. The Mint AI Summit 2025 held in Bengaluru had experts across sectors including banking, manufacturing, and even gaming, give their insights into AI adoption….
Source: Bitcoinist The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK’s tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities. Strict…
Source: Business Standard 3 min read Last Updated : Sep 13 2024 | 7:03 PM IST Logistics firm Delhivery has alleged that its IPO-bound rival, Ecom Express, has misrepresented numbers related to the two companies’ business metrics in its draft red herring prospectus (DRHP). These are related to metrics such as shipment volumes,…
Source: Coin Tegraph Polymarket faces backlash after resolving a TikTok ban prediction market to “Yes,” sparking user outrage over manipulation allegations and questions about its dispute resolution process. Read Full Article
Source: Live Mint After much speculation for over a year, OpenAI is finally taking on Google and Microsoft Bing with the addition of search functionality in ChatGPT. The new search feature is backed by GPT-4o model and is a more evolved version of the SearchGPT prototype unveiled by the company earlier in the year. In…
Source: Live Mint Buy or sell stocks: Following fears of a slowdown in the US labour market and US inflation, the Indian stock market ended lower for the third straight session on Friday. The Nifty 50 index lost 292 points and closed at 24,852, the BSE Sensex lost 1,017 points and closed at 81,183, whereas…
Source: Venture Beat Perplexity AI launches free Deep Research tool that matches $75,000/month enterprise AI capabilities, forcing OpenAI and Google to justify premium pricing while scoring higher on key benchmarks. Read Full Article
Source: Live Mint Mid-cap and small-cap stocks have long attracted investors due to their high return potential. The Nifty Midcap 100 and the Nifty Smallcap 100 have outperformed the benchmark Nifty 50 in 2024 so far, rallying 28 per cent and 29 per cent, respectively as against an over 13 per cent rise seen in…
