The FinTech Hub
Source: Live Mint Budget 2025: The general market has shown tentative signs of relief following the Reserve Bank of India’s announcement to purchase G-sec securities worth ₹60,000 crore through open market operations in three tranches. This move is anticipated to improve liquidity in the equity segment. Currently, the market remains in an extremely oversold state,…
Source: The Verge DeepSeek startled everyone last month with the claim that its AI model uses roughly one-tenth the amount of computing power as Meta’s Llama 3.1 model, upending an entire worldview of how much energy and resources it’ll take to develop artificial intelligence. Taken at face value, that claim could have tremendous implications for…
Source: Coin Tegraph According to SaylorTracker, MicroStrategy is up over 65% all-time on its Bitcoin investment and is trading at a net asset value of 1.73x. Read Full Article
Source: The Verge The holidays are over, a new year is here, and along with all the various upheavals that we are facing (including some possible changes in tax law), most of us have to deal with our annual income taxes. Sorry about that. Tax day this year falls, for most of us, on the…
Source: The Verge TikTok’s traffic is almost back to normal despite its delayed return to US app stores, according to Cloudflare Radar data seen by CNBC. The “DNS traffic for TikTok-related domains” is around 10 percent lower than the levels before its abrupt shutdown, David Belson, Cloudflare’s head of data insight, told CNBC. The shutdown…
Source: Live Mint Wall Street stocks opened higher on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. At the opening bell, the Dow Jones Industrial Average rose 172.2 points, or 0.38%, to 45054.36. The S&P 500 rose 25.6 points, or 0.42%, to 6096.79, while the Nasdaq…
Source: Bitcoinist Charles Hoskinson, founder of Cardano and CEO of Input Output (IOG), has publicly burned a massive trove of a memecoin named in his honor. The token, simply called CHARLES, made its way into Hoskinson’s wallet after he showcased the Lace wallet platform during a live demonstration. That demonstration involved creating a new Cardano…
Source: Live Mint Hybrid mutual funds are funds that invest in multiple asset classes. Their investments constitute a collection of equity, debt, gold and even real estate. This kind of planned diversification while investing helps in managing risk and returns. Hence, ensuring both growth potential and stability making the case for them as solid investment…
Source: Coin Tegraph Nations, companies and blockchain protocols consider Bitcoin reserves as a strategic asset, but there’s game theory hiding behind the decision-making. Read Full Article
Source: The Verge Stargate is a staggering power grab. OpenAI CEO Sam Altman has spent the past year seeking an absurd amount of computing power to train the company’s AI models — one report says Japanese officials literally laughed at the amount of electricity he demanded. The stakes were clear: without massive computing resources, OpenAI…
