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JPMorgan Chase CEO Jamie Dimon is defending the bank’s controversial plans to charge fintech companies such as PayPal and Coinbase fees for access to customers’ account information.
In an earnings call for the second quarter of 2025, Dimon said that the fintech-fee decision was made to protect its customers when asked about the new policy.
“So, this is very important. So forget pricing for a...
Tech giant Google is taking legal action against a Botnet that exploited over 10 million Internet-of-Things (IoT) Android devices.
In a new blog post, Google is announcing that it has filed a lawsuit in a New York federal court against BadBox 2.0 – the largest botnet of IoT television devices in the world – after it was discovered by its cybersecurity experts.
According to Google, BadBox 2.0...
Nearly half of the US population has been impacted by data breaches in the first half of 2025 alone, according to a new report from the Identity Theft Resource Center (ITRC).
The ITRC says 1,732 data compromises were reported in the US in H1 2025, which impacted 165,745,452 individuals.
“Analysis of data from the first six months of the year reveals a landscape dominated by cyberattacks, with...
A 58-year-old woman is awaiting prison after receiving over half a billion dollars in mysterious and unexplained funds in her bank account.
Authorities say Zin Nwe Nyunt of Singapore set up a wholesale trading firm, and after the company’s accounts received SGD $640.7 million – about $500 million – she stated she had no idea where it came from, The Straits Times reports.
Her trading firm, called...
Cryptocurrency analyst and trader Kevin Svenson is saying one indicator is signaling major momentum for Bitcoin (BTC).
Svenson tells his 83,500 YouTube subscribers that the relative strength index (RSI), a momentum oscillator used to determine overbought or oversold conditions, is flashing a signal on the daily time frame that has previously preceded massive rallies such as in October of 2023,...
JPMorgan Chase warns de-dollarization is accelerating, as central banks slash USD reserves while aggressively stockpiling gold.
In a new note, Meera Chandan, co-head of Global FX Strategy at JPMorgan, says the share of USD has dropped to below 60% at central banks, a two-decade low.
The real sign of de-dollarization, or a reduction of dependence on the USD for global trade, can be seen in the...
Financial services giant Charles Schwab could soon roll out Bitcoin (BTC) and Ethereum (ETH) trading, according to the firm’s chief executive.
Charles Schwab CEO Rick Wurster says in a new interview with CNBC that they want to expand services for their clients, who are already significantly invested in crypto.
“Our clients hold more than 20% of the exchange-traded product crypto in the entire...
A billion-dollar streaming service has agreed to shell out $3.4 million to settle a class action lawsuit alleging the company violated US privacy laws.
According to a newly updated settlement portal, the sports streaming firm FuboTV will send cash payments to people who had an account on or before May 29th of this year while residing in the US or its territories.
The class action lawsuit leading...
Bitcoin (BTC) could go up by around 15% from the current level if demand for the flagship crypto asset remains robust and the market continues in an upward trend, according to analytics platform Glassnode.
The analytics platform says that, based on the short-term holder (STH) cost basis model, the next major resistance level for the crypto king stands below $140,000.
The STH cost basis model is...
David Mericle, chief US economist at Goldman Sachs, says that President Trump’s tariffs are unlikely to result in a lengthy period of inflation.
In a new interview with CNBC Television, Mericle says he expects the Fed to make three rate cuts this year, starting in two months, as he predicts tariff-driven inflation will be transitory.
“I think the latest batch of data suggests that the stakes are...