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JPMorgan Chase Forced To Halt $1,100,000,000 Lawsuit Against Fintech Firm Execs, Court Rules: Report
The biggest bank in the US is being forced to stand down on a $1.1 billion lawsuit against the executives of the Greek fintech firm Viva Wallet after a court ruling in the UK.
In 2022, JPMorgan Chase acquired a 48.5% stake in Viva, while Werealize, a company owned by Viva’s CEO Haris Karonis, held the remaining 51.49%.
JPMorgan and Werealize’s shareholder agreement reportedly specified that if...
Ethereum (ETH) “stole the show” for institutional investments into digital asset products last week, reports crypto investment firm CoinShares.
According to the latest Digital Asset Fund Flows Report, institutional digital asset investors poured record amounts into ETH exchange-traded products (ETPs) last week.
“Ethereum stole the show, attracting a record US$2.12bn in inflows, nearly double its...
One of the largest crypto exchanges in India just lost millions of dollars worth of digital assets following a security breach first reported by the pseudonymous on-chain investigator ZachXBT.
In a post on the messaging platform Telegram, ZachXBT says that an attacker siphoned $44.2 million from CoinDCX and bridged some of the stolen funds from Solana (SOL) to Ethereum (ETH).
CoinDCX co-founder...
Fundstrat co-founder Tom Lee says that Bitcoin (BTC) could reach a quarter of a million per coin before the year ends.
In a new interview with CNBC, the Fundstrat head of research was asked what levels he thinks BTC can reach over the next few months by the end of the year.
“I think the $200,000 to $250,000 range for Bitcoin still makes sense, because that would still only value it at 25% of the...
The shares of President Trump’s media company are soaring after the firm disclosed $2 billion worth of Bitcoin (BTC) on its balance sheet.
In a new announcement, Trump Media and Technology Group (DJT) says it “has accumulated approximately $2 billion in Bitcoin and Bitcoin-related securities as part of its previously announced Bitcoin treasury strategy.”
Amid the news, shares of DJT, which...
The U.S. Department of Justice (DOJ) is charging a fashion tech CEO for allegedly defrauding investors of hundreds of millions of dollars by lying about its profits.
In a new press release, the DOJ says it’s charging 48-year-old Christine Hunsicker of New Jersey – the CEO and founder of clothing tech firm CaaStle – with numerous crimes after she allegedly forged documents to make it appear as if...
China has lowered its US Treasury holdings for the third month in a row, opting to hoard large amounts of gold bullion instead.
According to the latest data from the US Treasury, China lowered its T-Bill holdings by $900 million, from $757.2 billion in April to $756.3 billion in the month of May.
The sell-off marks China’s third straight shedding of Treasuries since February, when the Asian...
A top Mastercard executive says that the payments giant is gearing up for stablecoins to make a big impact on the global financial system.
In a new blog post, Mastercard’s executive vice president and head of global policy, Jesse McWaters, says that the company welcomes the recently passed stablecoin regulation, not only in the US with the GENIUS Act, but also in Europe with the Markets in Crypto...
July 21, 2025 – Abu Dhabi, United Arab Emirates
Bitcoin has reached a historic new all-time high of $123,000, reigniting global interest in its financial potential.
LayerBTC has announced the launch of its LBTC token presale, introducing a new project focused on integrating with Bitcoin’s DeFi (decentralized finance) and infrastructure ecosystem.
LayerBTC is a Bitcoin layer-two network built...
A closely followed crypto analyst is revealing two bullish scenarios that would lead the top smart contract platform Ethereum (ETH) to a price tag of $6,000.
In a new strategy session on the TechnicalRoundup podcast, pseudonymous crypto trader DonAlt says the best-case scenarios for ETH right now are trading sideways or ripping up to new highs before pulling back.
“I would much rather have this...