Tag: finance | BizAndTech Newswire

finance

‘Insatiably Greedy’ Shoe Seller Masterminds $80,000,000 Fraud, Uses Customer Funds To Fuel Lavish Lifestyle: DOJ
An Oregon shoe reseller orchestrated a sweeping fraud scheme that cost customers and banks more than $80,000,000, accord...

The Switch is now Nintendo’s best-selling console of all time
The original Switch is officially Nintendo's best-selling console of all time after surpassing the DS handheld in...

Tether Enters Bitcoin Mining With Open-Source MiningOS
The post Tether Enters Bitcoin Mining With Open-Source MiningOS appeared first on Coinpedia Fintech News Tether has officially entered the Bitcoin mining infrastructure space with the launch of Minin...

Why Vitalik Buterin Sold Over 700 Ethereum (ETH) Despite Market Recovery
Ethereum co-founder Vitalik Buterin has recently offloaded a small portion of his ETH holdings, selling just over 700 coins in a series of on-chain transactions. The sales were tracked by blockchai...

Tokenization Used to Feel Far Off but Now Stocks, Gold, and Treasuries Are Moving Into Practice
Tokenized assets used to sit in the same bucket as a lot of crypto ideas: interesting, promising, but always a bit “down the road.” People talked about putting stocks or gold on-chain the way they...

Step Finance Confirms Major Treasury Breach On Solana
Step Finance has disclosed a significant security incident involving its protocol-owned funds, marking one of the largest Solana DeFi treasury compromises so far this year. The Solana analytics platfo...

Crypto Hacks Surge Again As January Losses Hit $86 Million
The crypto industry is once again grappling with a rising wave of security breaches as new data from blockchain security firm PeckShield reveals that hackers drained $86.01 million across 16 separate ...

XRP Advances 3% After Ripple Achieves Major Regulatory Breakthrough in Europe
XRP gained nearly 3% after Ripple reached a fresh regulatory breakthrough in Europe. The company confirmed that it has secured full approval of its Electronic Money Institution (EMI) license in Luxemb...

What’s Really Driving Musk’s SpaceX-xAI Merger
Talk about pie in the sky. On Monday, Elon Musk announced that his SpaceX had acquired his cash-eating xAI, at a price we reported to be $250 billion. SpaceX was already planning to go public, but now...

Loop AI Raises $14 Million to Expand AI Platform for Restaurant Back Offices
Loop AI raised $14 million in a Series A funding round to expand its artificial intelligence (AI) platform for restaurant and retail back offices. The company will use the new funding to ex...

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finance

June