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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...
JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5.361 billion from customers who can no longer pay their debt.
In their Q2 2025 earnings reports, the three major banks disclosed billions of dollars in losses from “net charge-offs” — loans written off as uncollectible after all efforts to recover payments proved unsuccessful.
Among the trio, JPMorgan Chase reported the highest level of...
A billionaire who made his fortune at Tiger Global just poured more than $300 million into a high-growth stock that’s skyrocketed over the last year.
Karthik Sarma, who now spearheads SRS Investment Management, sold all of the hedge fund’s massive investment in Nvidia (NVDA) between Q1 of 2024 and Q1 of 2025.
Now, new 13F filings show Sarma has piled about $334 million, purchasing 4.74 million...
A brand-new Ethereum (ETH) ecosystem altcoin is skyrocketing after immediately securing listings on Binance and Coinbase.
Caldera (ERA) is an application that allows the development of ETH-based layer-2 scaling solutions.
The new ERA token launched on Thursday surged over 80% in just hours before continuing its rally to an all-time high of $2. ERA has given up some of its gains and is trading at...
The world’s largest crypto exchange platform by trading volume is adding support and airdropping for Chainbase (C), an artificial intelligence (AI) altcoin that integrates blockchain interfaces.
In a new announcement, Binance says that Chainbase will be the newest token added to the HODLer Airdrops program, which gives users awards based on their balance of BNB, the native asset of Binance.
“...
Stocks could endure a manageable hiccup in the third quarter of the year, according to Mike Wilson, Morgan Stanley’s chief US equity strategist.
Wilson tells Bloomberg Television in a new interview that Q3 could witness the moderate impact of tariffs.
“We’ve been saying, the third quarter is probably the quarter of risk, where you’ll see some of this flow through to the cost of goods sold. I don...
A widely followed crypto analyst says that one popular memecoin appears ready to print staggering gains en route to a $1 trillion market cap valuation.
In a new thread, pseudonymous crypto trader Crypto Kaleo tells his 709,800 followers on the social media platform X that he envisions the dog-themed digital asset Dogecoin (DOGE) surging to a price tag of nearly $7, which would represent a massive...
The CEO of Custodia Bank, a US financial institution specializing in cryptocurrencies, says passing crypto legislation in the US has been a pitched battle between traditional banks and the digital asset industry.
The House of Representatives this week passed the CLARITY Act, the GENIUS Act and the Anti-CBDC Surveillance State Act.
But only the GENIUS Act, which establishes the federal rules for...