Tag: finance | BizAndTech Newswire

finance

SEC Clears NFT Market of Securities Concerns, Sparking Optimism in the Space
One of the most influential players in the non-fungible token (NFT) market, Yuga Labs has confirmed that the U.S. Securities and Exchange Commission (SEC) has finished its probe into the company’s a...

Crypto Market Faces Major Downturn Amid Tariff Announcements and Macroeconomic Concerns
The market for cryptocurrencies has dropped sharply. The total market cap shrank 11.8% to $2.86 trillion on March 4. It was a day when traditional markets also sold off hard. What caused the downturn?...

Bipartisan Senate Vote Strikes Down IRS Rule Targeting DeFi
The United States Senate passed a resolution aimed at deregulating the Internal Revenue Service’s (IRS) oversight of the decentralized finance (DeFi) sector. Senator Ted Cruz introduced the motio...

Report: AWS CEO Says Agentic AI Could Be Company’s ‘Next Multibillion Business’
Amazon Web Services (AWS) reportedly formed a new group focused on agentic artificial intelligence (AI), with AWS CEO Matt Garman saying the technology could be “the next multibillion business for A...

CFOs Embrace Data Clouds Amid Shift Away From Pure-Play Record-Keeping
For decades, enterprise software has been anchored in databases, their primary function to store and manage records with precision. The role of the CFO — often seen as the guardian of these records ...

Aave proposes major economic overhaul to enhance revenue and sustainability
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (AC...

Report: Goldman Sachs to Reduce Staff by Up to 5% in Annual Review
Goldman Sachs reportedly plans to cut 3% to 5% of its staff in an annual review process. The cut would amount to about 1,395 jobs and would be a larger reduction than the one the Wall Street firm mad...

Court Grants FTC Motion for Preliminary Injunction Against Seek Capital
The Federal Trade Commission (FTC) said Tuesday (March 4) that a court granted its motion for a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman. The preliminary inj...

Bitcoin Suisse Adds TON, Optimism, Ethena, Ondo Finance Tokens to Trading and Custody Offering
Bitcoin Suisse is pleased to announce the addition of TON (The Open Network), OP (Optimism), ENA (Ethena) and ONDO (Ondo Finance) to its comprehensive trading and custody offering. Effective immediate...

After Killing USAID, MAGA’s Solution: Reinventing USAID, But Worse
The recent book “Character Limit” exposes a perfect case study in destructive arrogance: Twitter was already building more sophisticated versions of everything Musk claimed he wanted. But Musk and...

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finance

February