Belgium seeks to reboot EU blockchain infrastructure project
According to the country’s government, Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European…
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FTC enhances investigative procedures to deal with AI-related lawbreaking
The United States Federal Trade Commission (FTC) approved a new streamlined process for investigating cases involving the unlawful use of artificial intelligence (AI), marking an…
Rupee stabilises near record low; likely to remain rangebound aided by IPO-inflows
The rupee hovered around its life-time low against the US dollar before recovering on Wednesday. The local unit traded near 83.30 a dollar as compared…
CZ departure, Binance deal lead to purge of $175M of crypto longs
As crypto exchange Binance and the departure of its CEO Changpeng “CZ” Zhao hit the headlines in the last 24 hours, the digital asset space…
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email hinting…
Flair Writing IPO Day 1: Issue subscribed 1.14 times so far; retail portion booked 1.53x
Flair Writing IPO: The initial public offering (IPO) of writing instruments manufacturer Flair Writing Industries has received strong response from investors as the public issue…
Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’
Bankrupt crypto lender Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini to recover $689 million in preferential transfers, according to a Nov….
Mahindra and Mahindra Financial Services share price up over 12% in November; time to buy the stock?
Mahindra and Mahindra Financial Services share price has been volatile in the last few sessions. However, it is still up about 12 per cent in…
Stocks to buy: PNC Infratech, NCC among top infrastructure stock picks by Phillip Capital
The topline of infrastructure companies grew at 21% YoY, while the majority of the companies reported marginal decline in EBITDA on a sequential basis. “India…
OpenAI to rehire Sam Altman as CEO with new initial board members
Just two days after Microsoft CEO Satya Nadella hired former OpenAI CEO Sam Altman to lead a new advanced AI research team, OpenAI backtracked on…