The FinTech Hub
Source: Live Mint (Bloomberg) — Oman’s state energy company is seeking to raise as much as $490 million from the initial public offering of its methanol and liquefied petroleum gas unit, the latest in a flurry of deals from the region. OQ SAOC will offer a 49% stake in OQ Base Industries SAOG at 106…
/cdn.vox-cdn.com/uploads/chorus_asset/file/23237541/razzlekhan_rap_music_crypto.png?w=600&resize=600,400&ssl=1 "Razzlekhan, crypto’s most embarrassing rapper, is going to prison")
Source: The Verge A federal judge has sentenced Heather Morgan to 18 months in prison for her role in helping husband Ilya “Dutch” Lichtenstein launder stolen Bitcoin, CoinDesk reports. Lichtenstein has admitted to hacking the cryptocurrency exchange Bitfinex in 2016 and stealing 120,000 Bitcoin, worth $71 million at the time (and almost $11 billion as…
Source: Bitcoinist MicroStrategy’s Michael Saylor is known for his unorthodox and bold investing style, which often attracts criticism. His Bitcoin focused strategy and buying the top digital asset at near-highs have their fair share of critics. But recent developments tell us that Bitcoin’s bullish sentiment has been right after all, well, at least for today….
Source: Coin Tegraph Before US Election Day, Brian Armstrong said Coinbase was “prepared to work” with either a Kamala Harris or Donald Trump administration. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25740266/20241116_01_01.jpg?w=600&resize=600,400&ssl=1 "Toyota shows off its latest big idea for cold hydrogen vehicles")
Source: The Verge Toyota is pushing hydrogen-powered vehicle technology forward with a liquid hydrogen system design that includes a self-pressurizer to save escaping gas and reuse it as fuel to increase engine efficiency. Toyota introduced a liquid system in the GR Corolla H2 Concept in 2023, which keeps hydrogen at -253 degrees Celsius during filling…
Source: Coin Tegraph An X post from a16z’s Chief Technology Officer helped send the AI-led DAO’s token soaring. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25740192/corsair1.jpg?w=600&resize=600,400&ssl=1 "Corsair now has a gaming keyboard and mouse for the Mac")
Source: The Verge Corsair has announced an updated version of the K65 Plus wireless keyboard it debuted earlier this year that’s now compatible with the Mac. It’s joined by a new version of Corsair’s M75 wireless mouse, and both peripherals are available in Mac-exclusive colors including glacier blue and a white version the company calls…
Source: Live Mint The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates. Beauty gross…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24533927/STK149_AI_Writing.jpg?w=600&resize=600,400&ssl=1 "HarperCollins is asking authors to license their books for AI training")
Source: The Verge HarperCollins has reached an agreement with an artificial intelligence technology company to allow limited use of select nonfiction backlist titles for training AI models to improve model quality and performance. While we believe this deal is attractive, we respect the various views of our authors, and they have the choice to opt…
Source: Bitcoinist President-elect Donald Trump is scheduled to meet with Brian Armstrong, the CEO of cryptocurrency exchange platform Coinbase, on Monday. According to the Wall Street Journal (WSJ), the meeting, which will be their first interaction since the presidential election on November 5th, is expected to focus on personnel appointments for Trump’s upcoming administration. Trump’s…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25795062/NOSTERATU_FP_00628_R1731371104.jpg?w=400&resize=400,250&ssl=1 "Nosferatu review: the stuff of exquisitely erotic nightmares")