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Florida Attorney General James Uthmeier has launched an investigation into Robinhood over allegations that the retail trading giant falsely promotes its crypto platform as the least expensive way to purchase digital assets.
Uthmeier notes that Robinhood earns revenue by routing customers’ trades to third-party market makers in a payment-for-order-flow (PFOF) system.
The state attorney general...
A pro football player has lost a huge sum of cash to a bank fraud scheme, raising suspicions of insider involvement at JPMorgan Chase.
Minnesota Vikings linebacker Dallas Turner was duped out of $240,000 by a scammer who seemed to have intimate knowledge of his account, reports the Star Tribune.
Someone posing as a Chase banker called Turner and made him think his account was under attack....
Matt Hougan, the chief investment officer (CIO) of the digital asset management firm Bitwise, is predicting that Bitcoin (BTC) will go up by more than 70% from the current level.
In a new interview on the White Crypto YouTube channel, Hougan says Bitcoin could reach a price “north of $200,000” by the end of this year.
According to the Bitwise CIO, demand for the crypto king is currently...
A global financial giant has agreed to compensate those who were impacted by a major 2024 data breach.
According to the newly updated settlement portal, Prudential Financial (PRU) will provide up to $5,000 to those impacted by a cybersecurity attack in February 2024.
The class action lawsuit alleges that in February 2024, hackers were able to enter Prudential’s systems and gain access to files...
Analyst and trader Michaël van de Poppe believes Bitcoin (BTC) is primed to go much higher after the flagship crypto asset broke into a new all-time high.
Van de Poppe tells his 795,200 followers on the social media platform X that Bitcoin could reach a price of $250,000 in the fourth quarter – an increase of around 112% from the current level.
According to the widely followed analyst, Bitcoin...
A Goldman Sachs executive is outlining potentially tactical stock trades as second-quarter earnings reports begin to roll out in mid-July.
John Marshall, Goldman’s head of derivatives research, says in a new interview with CNBC that the brokerages Interactive Brokers (IBKR) and Charles Schwab (SCHW) are benefiting from a surge in retail trading activity, which could boost their stock prices.
“...
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Bitcoin has always been the face of crypto and stood for something bigger than just digital money.
It’s a technology born from frustration with centralized control systems, and it has thrived because of one key principle – neutrality. Neutrality from politics, from institutions, from borders.
Now that BTCFi is picking up the pace, it’s highly important to...
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...