The FinTech Hub
Source: Live Mint Jewellery manufacturer Sky Gold, on Tuesday, successfully raised ₹ 270 crore through a Qualified Institutional Placement (QIP) from renowned funds. The company has allotted 9,99,259 equity shares with a face value of ₹10 each at a price of ₹2,702 (including a premium of ₹2,692), raising a total of ₹269.99 crore. Following this…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25692040/Fab_key_art_1.png?w=600&resize=600,400&ssl=1 "Epic’s ambitious digital asset shop is now open")
Source: The Verge Epic Games’ Fab marketplace, which is designed to serve as a unified place to get digital assets like environments and animations, is now live, the company announced today. The launch of the marketplace is an important step in Epic’s plans to make it easier for developers to acquire assets for developing games…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25692971/Meta_facial_recogition.jpg?w=600&resize=600,400&ssl=1 "Meta brings back face scanning to combat scams and account hacking")
Source: The Verge Facebook and Instagram are testing new facial recognition tools that could help users quickly restore compromised accounts and combat fake celebrity-endorsed scams. Meta announced its plan to roll out experimental features that can scan a user’s face to verify their identity by comparing it against profile pictures on Facebook and Instagram. The…
Source: Coin Tegraph Pump.fun’s fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure. Read Full Article
Source: Live Mint In the fast-paced world of investing, finding a multibagger stock that can deliver extraordinary returns within a short period of time is the dream of every investor. Such dreams turned into reality for investors of Usha Martin as shares delivered a phenomenal return. The shares, valued at ₹141 each just two years…
Source: Coin Tegraph Tesa, a smart trading agent designed to optimize memecoin trading by enhancing speed, cost efficiency and accessibility, joins the Cointelegraph Accelerator program. Read Full Article
Source: Bitcoinist A crucial momentum indicator for Bitcoin (BTC) has turned positive, as the premier cryptocurrency attracted more than $2.1 billion in spot exchange-traded fund (ETF) weekly net inflows. New Bitcoin All-Time-High In Sight? Bitcoin could be heading to a new all-time high (ATH) price, as the moving average convergence divergence (MACD) histogram has turned…
Source: Coin Tegraph The FCA has defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder the UK’s global financial leadership. Read Full Article
Source: Live Mint With major equity markets near their all-time highs and gold shining equally brightly, investors face a dilemma: Should they ride the wave or prepare for a potential downturn? With growing uncertainties and stretched valuations, are risks overwhelming opportunities? Central banks worldwide are walking a tightrope between managing inflation and supporting economic growth,…
Source: Live Mint These modifications follow the Insurance Regulatory and Development Authority of India’s (Irdai) master circular on life insurance products (Insurance Products Regulations, 2024). Key changes include reducing the entry age to buy an endowment plan to 50 years from 55. The minimum basic sum assured has been increased to ₹2 lakh from ₹1…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25728829/SNAP_Map01_2.png?w=400&resize=400,250&ssl=1 "Monster Hunter is getting an open-world RPG spinoff for mobile")