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Rexas Finance (RXS) has been explosive in its strategy towards cryptocurrency, the reason is that RXS managed to sell out its first presale stage in less than 96 hours. At the same time, it is an indication of the great interest and enthusiasm for the project, as it is firmly believed that the project is going to be one of the main drivers in the emergence of new global markets based on tokenization of real-world assets (RWA) and usage of blockchain.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial crisis and who is today a prominent supporter of former President Donald Trump, said there could be a collapse in the financial markets and a recession if Vice President Kamala Harris' proposed tax plans become a reality.

A journalist and copywriter with a decade's experience across music, video games, finance and tech.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

light tank, Zorawar, a highly versatile platform being developed to boost the Army's combat capabilities along the frontier with China. The tank demonstrated «exceptional» performance, efficiently meeting all the intended objectives during the field trials conducted in desert terrain, the defence ministry said. The Defence Research and Development Organisation (DRDO) and the L&T Defence are developing the air-transportable 25-tonne tank that has been designed for rapid deployment largely along the frontier with China. Defence Minister Rajnath Singh described the successful trials of the Indian light tank as a «significant milestone» towards India's goal of self-reliance in critical defence systems and technologies.

Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric

digital public infrastructure to 50 countries in five years and currently it is being used in 15 countries, said Nandan Nilekani, non-executive chairman of Infosys, in response to a question from Werner Vogels, CTO, Amazon, here in Bengaluru, on Friday. They were addressing an event organised by e-commerce platform for artisans, Zwende, in which Vogels is an investor and advisor. Nilekani was giving a quick reckoner on digital public infrastructure that India has in identity, and payments, and was recounting his journey from 2009, from becoming the founding chairman of Unique Identification Authority of India (UIDAI) to Aadhaar-enabled KYC to opening of Jan Dhan bank accounts.

Package delivery company DHL is suing MyPillow, alleging the company synonymous with its founder, chief pitchman and election denier Mike Lindell owes nearly $800,000 for unpaid bills

Generation X (35-50 years old) is expected to be at the helm of fintech companies and there is a consensus that bank-fintech partnerships are the future, according to a survey conducted by BFSI focused CXO search firm Venator Search Partners. Even globally, Generation X accounts for 51% of leadership roles. While they are expected to dominate the leadership positions in the digital organisations, millennials are also gradually occupying leadership roles and represent the largest percentage of the workforce, several of them are climbing the leadership ladder faster than any other generation. A bird’s eye view of the fintech space reveals that a big majority of the fintechs were founded over the last 5-7 years. Most of the founders of these companies are Gen X or millennials. Therefore, considering the age of the founders and the scale-up potential of these startups, there is an emerging vacuum in terms of mentorship, the report said.

WABetaInfo, is expected to include multiple voice options for Meta AI. While the feature is currently not available to beta testers on Android, the tracker’s report reveals that users will soon have access to a range of voices, including those of well-known personalities.Screenshots from the beta version suggest that the Meta AI voice feature will offer a variety of voices with different pitches, tonalities, and accents, providing a customized interaction experience.

The offer for subscription is of 1p per each B ordinary share in the trust, according to a London Stock Exchange notice on Thursday (12 September). Pembroke VCT to raise up to £60m in latest funding round In addition, investors who have invested directly into the trust or through an intermediary or platform without advice will pay a 5.5% promoter fee on the amount invested to Seneca Partners, the investment manager of the trust. Those who have invested through an intermediary and received upfront advice will instead pay 3% on the amount invested. However, certain investors will ...

Avenix Fzco, a financial technology company based in Dubai, United Arab Emirates, has introduced its newest forex robot, FXProBot. This automated trading software is designed for use with MetaTrader 4 platforms and aims to enhance the forex trading experience through advanced algorithms and risk management features.

HCLTech late night Thursday said that it completed the acquisition of Paris based software company, Zeenea SAS. The acquisition valued Zeenea at $26.5 million (23.9 million euros), according to a BSE filing. This is the second acquisition that the company made in the first half of the current fiscal. Three months ago in May, the IT major announced its plans to acquire certain assets of Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million (approximately Rs1,874 crore). HCLTech had announced its intention to acquire Zeenea in August 2024. Zeenea specialises in data catalog and governance solutions. HCL plans to use this acquisition to enhance its data and analytics business (Actian).

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Nazara Technologies gained over 4% to hit a fresh 52-week high of Rs 1,048.80 on the NSE after the company announced plans to acquire a 47.7% stake in Moonshine Technology Private Limited (MTPL) for Rs 832 crore. Additionally, Nazara will inject Rs 150 crore in primary capital into Moonshine via compulsory convertible preference shares. Moonshine is the parent company of PokerBaazi, an online poker gaming platform.

Nazara Technologies has acquired 47.7% stake in Moonshine Technology, the parent company of online poker gaming platform PokerBaazi, for Rs 832 crore through a secondary transaction. Additionally, Nazara will inject Rs 150 crores in primary capital into Moonshine via compulsory convertible preference shares, the Mumbai-based firm said in a stock exchange filing. Led by founder and CEO Navkiran Singh and cofounders Puneet Singh, Varun Ganjoo, Avneet Rana, and Anirudh Chaudhry, Moonshine generates over 85% of its net revenue from PokerBaazi, while its fantasy sports platform, SportsBaazi, contributes 12%. As of May 2024, PokerBaazi had around 340,000 monthly active users.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate platforms before it hit the coast of Louisiana. Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per barrel by 0016 GMT. U.S. West Texas Intermediate crude futures rose by 38 cents, or 0.6%, to $69.35 a barrel.

best investor this year witnessed jury members prize the conviction of venture investors who not only spot business ideas early on but stay on with an entrepreneur in the long journey of building a company. They also assigned great value to investors who took the call to exit companies at the right time, providing cash returns consistently to their sponsors.