Tag: finance | BizAndTech Newswire

finance

Trend Research’s Ethereum Exit Results in Nearly $750 Million Losses, but Did It Sell at the Bottom?
Trend Research, an investment firm led by Jack Yi, founder of Liquid Capital, has sold its entire Ethereum (ETH) position, reportedly locking in losses of nearly $750 million. The large-scale sell-...

Global Trade Ecosystem Remains Resilient as AI and Blockchain Tech Enhance Financial Operations, Report Reveals
In a time-period marked by technological advancements and geopolitical flux, Citigroup (NYSE: C) has released analyses that shed light on the future of supply chain finance and the broader banking ind...

Erebor Becomes First Bank OK’d Under New Administration
Startup-focused lender Erebor has become the first bank chartered under the second Trump administration. The bank aims to fill the void left by the 2023 implosion of Silicon Valley Bank, wh...

China Looks to Become Leader in Humanoid Robots Sector
China is reportedly stepping up efforts to gain dominance in the humanoid robotics space. As The Wall Street Journal (WSJ) reported Saturday (Feb. 7), that country now has more than 140 com...

Banks Lobby for Faster Turnarounds on European IPOs
Banks are reportedly shortening the marketing period for European-based initial public offerings (IPOs). This change to the IPO space comes amid ongoing upheaval in global equity markets du...

Bilt Users Get Surprise Wells Fargo Cards as Partnership Ends
After almost four years, Wells Fargo’s relationship with Bilt is winding down. However, that hasn’t stopped customers of the credit rewards provider who closed their accounts with the...

Block Planning Layoffs of Up to 10% of Its Workforce
Payments company Block is reportedly considering layoffs that could affect 10% of its staff. The firm has been informing hundreds of employees that their positions could be eliminated durin...

Vitalik Buterin Says Most DeFi Is a Lie—Here’s What Really Counts
Ethereum co-founder Vitalik Buterin and crypto analyst c-node have reignited the debate over the true purpose of Decentralized Finance (DeFi). Together, the two industry experts challenge the boomi...

Vietnam Proposes 0.1% Tax on Crypto Transfers in Draft Rules
Vietnam’s Ministry of Finance has proposed a 0.1% tax on turnover for each crypto-asset transfer conducted through platforms operated by licensed service providers, under a draft circular released f...

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finance

September