The FinTech Hub
Source: Live Mint (Bloomberg) — Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down. Although minor creditors, who hold what FTX classified as “convenience claims,” have already started getting payments, the company will make…
Source: Live Mint New Delhi, Mar 26 (PTI) Indian investors show greater confidence towards meeting daily financial needs and using AI tools for their investment needs, a global survey said on Wednesday. At the same time, Indian investors also struggle more to meet their debts and liabilities, according to the World Economic Forum’s Global Retail…
Source: Live Mint The United State’s tariff war and federal job cuts continue to impact the markets and economy, dragging cryptocurrencies down for a second day on March 11, 2025. In fact, Bitcoin is at the lowest its been since Donald Trump won the US election in November 2024. The world’s largest cryptocurrency at 7.35…
Source: Live Mint By Rae Wee and Brigid Riley SINGAPORE (Reuters) – Bitcoin hit its lowest since November and was set for its biggest weekly fall in over two years, swept up in a sell-off in tech stocks at a time when a $1.5 billion hack and doubts about U.S. crypto policy has left industry…
Source: Live Mint (Bloomberg) — The cost of FTX’s bankruptcy is approaching $1 billion, cementing the implosion of Sam Bankman-Fried’s crypto enterprise as one of costliest Chapter 11 cases in US history. Nearly $948 million was paid to more than a dozen firms hired to work on the bankruptcy through Jan. 2, and more than…
Source: Live Mint (Bloomberg) — The Solana cryptocurrency sank to the lowest level since early November as the president of Argentina became embroiled in a scandal involving a memecoin launched on the token’s blockchain. Solana, the sixth-largest crypto token, has lost about 25% of its market value since Feb. 14 as Argentina President Javier Milei…
Source: Live Mint South American nation Argentina’s President Javier Milei has been criticised for endorsing the cryptocurrency token $LIBRA, which witnessed a pump and dump scheme in the market, causing loss for several investors, according to multiple media reports. With the President’s backing and the recent turn of events, the meme coin has sparked political…
Source: Live Mint Donald Trump’s cryptocurrency $Trump has turned out to be a bad investment for thousands of investors who rode the high tide, putting their money in the memecoin launched three days before the US President’s inauguration in January. Launched on January 17, Trump announced the launch of his cryptocurrency $Trump, asking his followers…
Source: Live Mint New Delhi, Feb 15 (PTI) The Enforcement Directorate (ED) has seized its biggest-ever cryptocurrency worth ₹1,646 crore as part of a “mega” money laundering investigation into a fraud investment scheme where numerous depositors were duped in the name of securities investment, official sources said. The Ahmedabad office of the federal probe agency…
Source: Live Mint Financial investment planning is vital for all young and old couples. This Valentine’s Day, you can reassess our investment journey by exploring the investment opportunities that you have. The young couples can choose the following investment options to meet their needs for accessibility along with a preference for both long-term growth potential….
