The FinTech Hub
Source: Bitcoinist Bitcoin’s price still has room to grow, according to a crypto analyst. Chapo, CEO of Assure DeFi who is also a known crypto expert, used the Market-Value-to-Realized-Value (MVRV) ratio, a key metric, to evaluate Bitcoin’s price. He believes that the cryptocurrency is not yet in overvalued territory. Historical data suggests Bitcoin’s MVRV must…
Source: Coin Tegraph Bitcoin may finally reach a key downside target from last year as BTC/USD edges ever closer to old all-time highs. In fresh X analysis on Feb. 27, trader and analyst Rekt Capital flagged an incoming “gap” in CME Group’s Bitcoin futures markets. Battle of the Bitcoin futures gaps begins Bitcoin (BTC) hit…
Source: Venture Beat Social Discovery Group said it is starting SDG Lab, a $20 million corporate venture fund that will invest in social discovery startups. The mission is to transform virtual intimacy into the new normal. Led by Alex Kudos, former CMO of Social Discovery Group, SDG Lab is more than just an investor—it is…
Source: Coin Tegraph Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan. According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens. The digital assets suspected to have been stolen included 113 ETH, valued at over…
Source: Live Mint The business environment is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments. On 25 February, the Reserve Bank of India (RBI) eased risk-weight norms for bank lending to NBFCs, reducing it from 125% to 100%, effective 1 April. This move should lower capital adequacy ratio requirements…
Source: The Verge Sony is cutting the price of its PlayStation VR 2 headset in March. The VR 2 will be discounted to just $399.99, down from the original $549 pricing when it launched in February 2023. The headset will also see a price cut in Europe (€449.99), the UK (£399.99), Japan (¥66,980), and other…
Source: Bitcoinist Cardano based project Midnight which aims to create a zero-knowledge data protection-based sidechain has teamed up with blockchain security heavyweight OpenZeppelin to introduce a specialized smart contract framework for privacy-preserving applications. The collaboration, lauded by Charles Hoskinson, founder of Cardano, aims to equip developers with robust tools and standards for building data-protected applications…
Source: Live Mint If you have a poor credit score, say 650 or lower, it is not easy to procure a loan from a bank. And if you are lucky — the bank or a non banking financial corporation (NBFC) may charge a higher rate of interest for approving the loan. Meanwhile, if you are…
Source: Coin Tegraph Troubled cryptocurrency exchange Bybit is making preparations for a full operational license in the United Arab Emirates (UAE) after recently suffering a $1.4 billion hack. Bybit received in-principle approval to set up a virtual asset platform operator in the UAE from the Securities and Commodities Authority (SCA), the exchange announced on Thursday,…
Source: The Verge Each Pokémon Presents stream is special in its own way, but we’re expecting big things from this year’s showcase given the imminent arrival of the Switch 2. A new console means a new generation of games like Pokémon Legends: Z-A and the franchise’s next mainline title. But there should also be some…
