The FinTech Hub
Source: Live Mint Credit card and banking related frauds have been on the rise. Despite the efforts of regulators such as the RBI (Reserve Bank of India), fraudsters have found ingenious ways to cheat unsuspecting individuals. So, what is the liability of the customer in such cases? If you report it within three days, you…
Source: Coin Tegraph Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role. Read Full Article
Source: Venture Beat Nvidia has completed its acquisition of Run:ai, a software company that makes it easier for customers to orchestrate GPU clouds for AI, and said that it would open-source the software. The purchase price wasn’t disclosed, but was pegged by reports at $700 million when Nvidia first reported its intent to close the…
Source: The Verge Companies have been cutting costs. | Photo by Natt Garun / The Verge Over the last couple years, it feels like we’ve heard news of mass layoffs and hiring freezes from tech companies nearly every week, and since the beginning of 2024, there’s been a new wave of layoffs and firings. In…
Source: Coin Tegraph Strong regulation of decentralized physical infrastructure networks is needed. Read Full Article
Source: Live Mint Shares of Syrma SGS Technology, a leading Electronic Systems Design and Manufacturing (ESDM) company, have witnessed a sharp rebound, surging 34% over the past six sessions to the previous close of ₹563.45. The rally follows the company’s strong December quarter performance, which was released on January 28. The company’s performance over the…
Source: Live Mint Breakout stocks to buy or sell: Following strong global market sentiments, the Indian stock market snapped a five–day losing streak on Monday. The Nifty 50 index gained 158 points and closed at the 24,339 mark, the BSE Sensex surged over 600 points and regained the psychological 80,000 mark, whereas the Nifty Bank…
Source: Live Mint Honasa Consumer share price slumped 20% to touch 52-week low on Monday’s trading session post Q2 results. Honasa Consumer, the parent company of FMCG brands like Mamaearth and The Derma Co, announced a consolidated loss of ₹18.57 crore for the second quarter ending September 30, 2024, due to inventory adjustments. In the…
Source: Coin Tegraph Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels. Read Full Article
Source: Bitcoinist As the cryptocurrency landscape continues to evolve with numerous layer-1 and layer-2 blockchains, the decentralized finance (DeFi) platform Drift is making significant advancements on the Solana (SOL) blockchain. Recently, Drift announced a successful $25 million Series B funding round led by crypto venture firm, Multicoin Capital. This funding will help propel Drift’s vision…
