Tag: new | BizAndTech Newswire

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Citi Enters Luxury Card Market With Strata Elite Debut
Citigroup has entered the luxury card market with its new premium credit card. [contact-form-7] As Bloomberg News noted in a report on the launch Sunday (July 27), Citi’s Strata Elite plac...

Here’s Why Shiba Inu Price Drop Could Trigger $50 Million In Liquidations
Shiba Inu (SHIB) has seen a significant drop in price over the past week, triggering bearish sentiment among traders. This has led to a wave of selling pressure in the market. However, should SHI...

China Pushes Creation of World AI Cooperation Effort
China has proposed creating an organization to promote global artificial intelligence (AI) cooperation. [contact-form-7] The country wants to help guide worldwide efforts to regulate AI and ...

Ethereum Nears 10-Year Uptime but Critics Question Its Scaling and Legal Risks
As Ethereum (ETH) approaches its tenth anniversary, community members have come forward to highlight the network’s decade-long resilience. Ethereum started the countdown to its 10th anniversary j...

Temu Hits Roadblock in Efforts to Compete With Amazon
Temu’s attempts to weather U.S. tariffs are reportedly being hindered by Amazon. [contact-form-7] The Chinese eCommerce platform — owned by PDD — has been told by American companies th...

Solana Price Fails to Stay Above $200 As 1.4 Million New Holders Retrace
Solana (SOL) recently attempted to break the $200 mark but failed as investor sentiment shifted. The altcoin, after briefly surpassing this level, has been unable to maintain momentum. Now, Solan...

China Busts $20 Million Bitcoin Laundering Ring Tied to TikTok-Style App
Chinese authorities dismantled a Bitcoin (BTC) laundering operation involving employees of Kuaishou, the country’s second-largest TikTok-style video-sharing platform. China remains one of the mos...

Crypto Lending Makes a Comeback With Wave of Short-Term Loans
Three years after the “crypto winter,” digital asset lending is making a comeback. [contact-form-7] That’s according to a report Saturday (July 26) by the Financial Times (FT), which c...

Allianz Says Hacker Accessed Most of 1.4 Million US Customers’ Data
A system breach at Allianz Life impacted most of the insurer’s U.S. customers’ personal data. [contact-form-7] That’s according to a report Saturday (July 26) by Bloomberg News, citing...

US Credit Card Delinquencies Creep Up Past Pre-COVID Levels
U.S. credit card delinquencies and charge-offs are now higher than they were before COVID. [contact-form-7] That’s according to findings published Saturday (July 26) by Seeking Alpha, whic...

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