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Customers at JPMorgan Chase, Bank of America and Wells Fargo say the banks have refused to reimburse after bad actors ripped cash from their accounts.
A Wells Fargo customer for nearly four decades says the lender refused to make him whole after scammers drained $20,000 from his account.
Scott Merovitch says he received a call from someone claiming to work at the bank, warning his account was...
The decentralized oracle network Chainlink (LINK) continues to top crypto’s real-world asset (RWA) sector in terms of recent development activity, per new research from the analytics firm Santiment.
Santiment notes in a new post on the social media platform X that Chainlink registered 351 notable GitHub events in the past 30 days.
The figure far exceeds the second-ranked RWA project, the layer-1...
Two decentralized finance (DeFi) altcoins have abruptly gained support from the top US-based crypto exchange platform Coinbase.
In a new announcement, Coinbase says it’s adding Sky (SKY), formerly known as MakerDAO, as well as its associated stablecoin USDS (USDS), to its suite of digital asset products.
“Sky (SKY) and USDS (USDS) are now live on Coinbase.com and in the Coinbase iOS...
The US national debt has reached a new record high just one week after a massive spending bill cleared Congress.
The Treasury’s Debt to the Penny database shows the government’s mountain of debt surged $384.7 billion from July 3rd to the 9th.
That brings the total outstanding debt to an all-time high of $36.6 trillion.
This rapid rise is largely driven by the refilling of the Treasury General...
The vice president of the private investment bank Brown Brothers Harriman says that America’s trade policies are weakening the US dollar.
In a new interview on CNBC, Elias Haddad explains why the greenback is falling by record levels this year.
“Clearly the decline in the dollar here reflects the loss of confidence in the US trade, security and perhaps even fiscal policy because you also see a...
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is on the brink of breaking out while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).
In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 550,900 followers on the social media platform X that layer-1 blockchain SUI Network (SUI) is one weekly close away from taking off...
The U.S. Federal Reserve is mulling a rule change that would allow banks with one “deficient” rating to still be considered “well managed.”
The Fed’s current large financial institution (LFI) rating framework includes three components: capital, liquidity and governance/controls, each of which has four potential ratings: broadly meets expectations, conditionally meets expectations, deficient-1 and...
The world’s largest digital asset exchange by trading volume may have played a larger role in the development of World Liberty Financial’s stablecoin USD1 than previously known.
According to a Bloomberg report citing unnamed sources, Binance wrote the code for World Liberty Financial’s USD1 stablecoin smart contract.
Once coded and promoted, Binance also made stablecoin available for a $2...
An analyst who became popular after accurately calling the 2022 crypto meltdown is warning that Bitcoin’s (BTC) explosive move this week may be a bull trap.
Pseudonymous analyst Capo tells his 970,500 followers on the social media platform X that Bitcoin may suddenly correct after printing a new all-time high (ATH) of about $118,700 on Thursday.
A bull trap is a false signal that indicates that...
The Department of the Treasury is formally taking down a new rule that expanded the definition of a broker under the U.S. Tax Code.
The rule titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales” classified decentralized finance (DeFi) exchanges as brokers required to furnish the Internal Revenue Service (IRS) with information on user...