The FinTech Hub
Source: Bitcoinist Cryptocurrency exchange KuCoin has pleaded guilty to operating an unlicensed money transmitting business, as reported by Bloomberg. KuCoin Agrees To Hefty Fines The plea was made before US District Judge Andrew Carter in Manhattan, who imposed a substantial penalty on KuCoin. The company agreed to pay nearly $300 million in fines and forfeitures,…
Source: Coin Tegraph Acting CFTC Chair Caroline Pham said the commission planned to go “back to basics,” also suggesting the regulator would explore regulatory safeguards. Read Full Article
Source: Coin Tegraph Antonia Perez Hernandez, one of five individuals indicted for their involvement in the Ponzi scheme Forcount, pleaded guilty to conspiracy to commit wire fraud in 2024. Read Full Article
Source: Live Mint Stocks of Indian pharma companies supplying antiretroviral (ARV) medicines used to treat HIV to African countries tumbled on Monday after a US government order halted all foreign aid funding, including its AIDS relief program. On January 25, the US State Department put into action an executive order from President Donald Trump halting…
Source: Bitcoinist The top legal executive of Coinbase has dismissed as baseless the allegations that the cryptocurrency exchange was averse to Solana, which he said Coinbase had spent millions of dollars to defend the blockchain network. Coinbase Chief Legal Officer Paul Grewal made these comments in response to claims on X (formerly Twitter) about the…
Source: Coin Tegraph Bitcoin price fell to $97,754 as crypto and stock markets digested the significance of a China-based ChatGPT AI competitor called DeepSeek. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25848984/STKB320_DEEPSEEK_AI_CVIRGINIA_C.jpg?w=600&resize=600,400&ssl=1 "DeepSeek: all the news about the startup that’s shaking up AI stocks")
Source: The Verge A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app. The eponymous AI assistant is powered by DeepSeek’s open-source models, which the company says can be trained at a…
Source: Venture Beat Ubisoft confirmed that it’s laying off yet more employees and closing its Leamington office as it restructures in Europe. Read Full Article
Source: Live Mint Stock Market News Today Live Updates: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the…
/cdn.vox-cdn.com/uploads/chorus_asset/file/4232811/pebble1_2040.0.jpg?w=600&resize=600,400&ssl=1 "The Pebble smartwatch is making a comeback, with some help from Google")
Source: The Verge Eric Migicovsky still wears his Pebble. Thirteen years after he founded the wearables company and found huge success on Kickstarter, and more than eight years after he sold the company to Fitbit, which was then acquired by Google, Migicovsky’s watch still works. (In case you’re wondering: when I saw him at CES…
