The FinTech Hub
Source: Coin Tegraph Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained. Read Full Article
Source: Live Mint Indian Railway Finance Corporation (IRFC) released its performance for the September 2024 quarter (Q2 FY25) on Monday, November 4, reporting revenue from operations of ₹6,898 crore. This reflects a 2% year-on-year (YoY) increase compared to ₹6,761 crore recorded in the same period last year. Net profit for the reporting quarter rose to…
Source: Coin Tegraph The Blockchain Association and Coinbase spotlight SEC and FDIC actions, revealing significant financial burdens on crypto firms. Read Full Article
Source: Live Mint New Delhi, Nov 4 (PTI) The National Stock Exchange (NSE) on Monday reported a 57 per cent year-on-year surge in consolidated net profit to ₹3,137 crore for the September quarter. The exchange posted a total income of ₹5,023 crore during the July-September period of the current financial year (FY25), up 25 per…
Source: Coin Tegraph 2025 will be TON’s year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/23390589/VRG_Illo_STK022_K_Radtke_Musk_Thumbs_Up.jpg?w=600&resize=600,400&ssl=1 "Judge declines to block Musk’s million voter giveaways")
Source: The Verge Elon Musk’s America PAC can move forward with its $1 million giveaways to voters after a Philadelphia judge declined an emergency petition from District Attorney Larry Krasner to block them. Krasner accused the PAC of running an illegal lottery and deceptively marketing the prize selections as random, even though “multiple winners that…
Source: Venture Beat Mike Verdu, who had largely spearheaded Netflix’s foray into gaming in recent years as VP of Netflix Games, announced on LinkedIn a new role within Netflix Games leading the company’s effort to capitalize on generative AI. The role, Vice President of GenAI for Games, focuses on using generative AI for the next…
/cdn.vox-cdn.com/uploads/chorus_asset/file/23951352/STK043_VRG_Illo_N_Barclay_4_Meta.jpg?w=600&resize=600,400&ssl=1 "Meta AI can now be used by the US military for national security")
Source: The Verge Meta will now allow US government agencies and contractors to use its open-source Llama AI model for “national security applications.” In an announcement on Monday, the company said it’s working with Amazon, Microsoft, IBM, Lockheed Martin, Oracle, and others to make Llama available to the government. Under Meta’s “acceptable use policy,” people…
Source: Coin Tegraph The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs. Read Full Article
Source: Live Mint US stocks were mixed on Monday ahead of Tuesday’s presidential election and Federal Reserve’s expected rate cut decision later in the week. As of 1:57 pm Eastern time, the S&P 500 was slipping 0.1 per cent. The Dow Jones Industrial Average was down 0.5 per cent, and the Nasdaq Composite was 0.1…
