Tag: finance | BizAndTech Newswire

finance

DeFi Total Value Locked Plummets by 14% in August and NFT Trading Volume Drops by 16%: DappRadar
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) in decentralized finance (DeFi) plunged during the month of August. In its industry report for August 2024, t...

J.P. Morgan Chase to Report TikTok ‘Glitch’ Fraud Participants to Law Enforcement
J.P. Morgan Chase reportedly plans to share with police the information it has about people who took advantage of a so-called “glitch” that was promoted by TikTok users late last week. Chase Bank ...

Global AI Treaty Sparks Debate on Innovation vs. Regulation
A new international artificial intelligence treaty signed by the United States, the United Kingdom and the European Union has rekindled a debate over the future of tech innovation. The AI Convention a...

Making Sense of Why Some Firms Stay Stapled to Paper Processes
Few people want to cut checks, lick stamps or sign invoices. Every single business day, however, these same outdated activities are done countless times by many of the world’s finance and accounting...

Mastercard to Provide Payment Processing to Saudi Startup Barq
Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers. The startup’s partnershi...

Pepe Unchained’s Presale Surges to Over $12M as Crypto Whales Bet Big on $PEPU’s Massive Growth Potential
Pepe Unchained has attracted crypto whales, with major investors purchasing significant amounts of $PEPU during the presale. These whales are drawn to the project due to its enormous growth potential,...

TON Foundation Allocates $24 Million for DeFi Growth on Telegram-Linked Network
The TON Foundation has allocated $24 million worth of Toncoin to support the growth of decentralized finance (DeFi) on the Telegram-linked TON blockchain...

Lombard Finance Introduces LBTC with $250,000 Bug Bounty, Now Integrated into $2BN Morpho Ecosystem
Lombard Finance has introduced LBTC, a Bitcoin liquid staking token, which is now integrated into the Morpho ecosystem...

New AI System Aims to Detect Financial Fraud Across Corporate Networks
Researchers have developed a new artificial intelligence (AI) system to detect accounting fraud within individual companies and across supply chains and industries. The machine learning technique Frau...

Coinbase’s no-good, very bad summer
Look out below! | Illustration by Alex Castro / The Verge It’s been a minute since I checked in on our friends at Coinbase, and so when I saw Reuters noting that a class action suit...

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August