Tag: money | BizAndTech Newswire

money

Layer 2 Projects Face Reality Check as Market Caps Fall Below Fundraising Totals
The sector of Layer 2 (L2), which was once regarded as the next frontier of blockchain scalability and investor fervor, is experiencing a revaluation that can only be viewed as sobering. Many of the ...

Aave Leads the Charge on Sonic as DeFi Sees Resurgence in TVL and Whale Activity
DeFi seems to be entering a new growth phase, with new capital flowing into major protocols and investor sentiment turning very bullish. This soft trend is nowhere more evident than on Sonic, an emerg...

Careem Pay Expands Financial Services with New Remittance Corridor to Jordan
Careem Pay, the fintech arm of the Careem Everything App, has introduced a new international money transfer service to Jordan. This addition to Careem Pay’s remittance network enables users to send ...

Block to Enable Merchants to Accept Bitcoin Payments
Block plans to launch bitcoin payments on its business technology platform Square, enabling merchants using the Square Point of Sale app to accept bitcoin payments directly through their Square hardwa...

Drumbeat Gets Louder for Nonbank Regulations
Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the millennium. However, hedge funds, private credit entities...

$65,000,000,000 Pension Fund Issues Warning to US Money Managers, Says Industry Abandoning ‘Basic Principles of Stewardship’: Report
The $65 billion Dutch pension fund PME is reportedly warning US money managers not to abandon their “basic principles of stewardship” during the Trump era. According to a new Bloomberg report, PME...

AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation
Artificial intelligence logistics software startup Pallet raised $27 million in a Series B funding round led by General Catalyst, according to a Tuesday (May 27) press release. Logistics is an $11 tri...

Coinbase Faces Class Action Lawsuit Over COIN Stock Drop Linked to Data and Regulatory Breaches
An investor is suing Coinbase, accusing the US-based crypto exchange of violating securities laws and causing its stock to drop as a result. Brady Nessler filed a class action lawsuit in the Eastern D...

Crypto Regulations in El-Salvador 2025 : First Country to Use Bitcoin as Legal Tender
The post Crypto Regulations in El-Salvador 2025 : First Country to Use Bitcoin as Legal Tender appeared first on Coinpedia Fintech News El Salvador made history in 2021 as the first nation to adopt B...

Circle’s IPO Goals Hinge on Becoming Digital Money’s Infrastructure Layer
Each week, the evolution of the ongoing cryptocurrency-FinTech convergence seems to get another headline to hang its hat on. Last week, it was the news Thursday (May 22) that J.P. Morgan Chase, Bank o...

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