Tag: finance | BizAndTech Newswire

finance

Iranian Crypto Exchange Nobitex Suffers $80 Million Exploit on Tron Network
Iran’s largest cryptocurrency exchange, Nobitex, has reportedly been exploited for $80 million on the Tron network. ...

Eyenovia Launches $50 Million HYPE Treasury, Announces Rebrand to Hyperion DeFi
Eyenovia (EYEN), a digital ophthalmic medical technology company, has become the first publicly listed US firm to create...

Spark (SPK) Token’s Price Struggles After Launch Despite Major Exchange Listings
SPK Token, the native token of Spark, launched on Tuesday after much anticipation. The token secured listings on major e...

LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenization
Feniix Energy, an energy firm based in Latin America, has completed a $75 million acquisition of a live oil and gas operation using blockchain tokenization, according to a statement shared with Crypto...

GENIUS Act Rides Stablecoin Momentum as Senate Clears Path for Crypto Regulation
U.S. President Donald Trump, who has referred to himself as America’s first “crypto president,” wanted stablecoin legislation to reach his desk prior to the Congressional recess in August. [...

Alternative Investments Firm Värde Partners Introduces Fund Finance Platform
Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, announced the launch of its fund finance platform. Building on Värde’s broader asset-based fi...

DAMA 2: Deutsche Bank unveils institutional tokenization stack to fast-track regulated funds
Deutsche Bank, Memento Blockchain, and Interop Labs published a litepaper on June 17 outlining plans for Digital Asset Management Access 2 (DAMA 2), a tokenization platform intended to operate on publ...

BBVA Advises Wealthy Clients to Add Bitcoin and Ether to Portfolio
Spanish bank BBVA reportedly advises that wealthy clients invest between 3% and 7% of their portfolios in the cryptocurrencies bitcoin and ether. [contact-form-7] The share depends on the c...

US Senate Passes the GENIUS Act Stablecoin Bill
The Senate just voted to pass the GENIUS Act, ensuring this bill will become law. It will have massive implications for US crypto regulation, creating a new framework for stablecoins. Several Democ...

Revolut Plans to Launch AI Assistant for Consumers’ Financial Decision-Making
Finance app Revolut is reportedly experimenting with an artificial intelligence (AI) financial assistant and plans to launch it soon. [contact-form-7] Speaking at a Bloomberg New Voices e...

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December