The Business & Technology Network
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Cybercriminals are reportedly engineering fraudulent search results to trick unsuspecting victims seeking tech support assistance. Jérôme Segura, the senior director of research at the antivirus firm Malwarebytes, says the criminals use sponsored search results on Google to trick people looking for 24/7 support for Apple, Bank of America, Facebook, HP, Microsoft, Netflix and PayPal. The fake...
A California resident is reportedly alleging that Chase Bank shut down his accounts and kept the money in them, throwing his life into disarray. Brian Adesman, 32, is suing Chase Bank to recover $185,000 that was allegedly in his accounts when the bank closed them “without any notice,” reports The U.S. Sun. Adesman, a founding lawyer of the Miller Adesman law firm, says he had been a Chase Bank...
Legendary investor Steve Eisman is warning the public about the possible emergence of a “cartel” of major banks in the US, which he says could impact the cost of financial services. The Wall Street veteran notes in a new interview with The Compound that there hasn’t been a wave of mergers and acquisitions (M...
An analyst known for calling the November 2021 crypto bull cycle top says he’s looking to heavily accumulate Bitcoin (BTC) if it drops below $100,000. Pseudonymous analyst Pentoshi tells his 867,700 followers on the social media platform X that he’s long-term bullish on Bitcoin, and he thinks dips below the six-figure price level are golden opportunities to stack more BTC. “I bought 25 BTC to...
One Bitcoin (BTC) metric is signaling potential concern for the flagship crypto asset, according to new insight from market intelligence firm Swissblock. In a post on the social media platform X, Swissblock highlights a sudden plunge in on-chain liquidity, something the firm says needs to reverse if BTC should rally. “At the same time as the rest of the market has consolidated back into BTC, we...
Digital asset management firm CoinShares says Bitcoin (BTC) and Ethereum (ETH) are leading crypto products into another week of inflows. According to its latest Digital Asset Fund Flows Weekly Report, CoinShares says that institutional crypto investment vehicles enjoyed over $1 billion in inflows last week alone, despite geopolitical tensions. “Digital asset investment products recorded their...
The tech-focused investment firm ARK Invest is dumping its massive trove of Circle (CRCL) shares as the stock goes through a big upside burst. Data from Cathiesark.com, which tracks the investment firm’s equity holdings and trades, shows that ARK Invest offloaded $238.2 million worth of CRCL between June 16th and June 20th. On June 20th alone, ARK Invest sold $111.6 million in the stablecoin...
BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will soon have an explosive breakout for one key reason. Hayes tells his 704,300 followers on the social media platform X that the Federal Reserve is primed to inject massive liquidity into the US economy, forcing investors to flood into BTC as a hedge against currency debasement. Bitcoin dipped to the $98,000 range over the weekend, but has...
Nearly a dozen individuals have been charged for their role in a $250,000 organized check fraud and identity theft scheme. Federal prosecutors with the U.S. Attorney’s Office for the Southern District of Alabama sentenced 10 people for a bank fraud scheme that took place from November 2021 to March 2024, FOX10 reports. Court documents reportedly show that victims of the scheme suffered over $49,...
Fundstrat Global Advisors co-founder, head of research and managing partner Tom Lee says the major geopolitical events of the last weekend should be a boon to stocks. In a new interview with CNBC, Tom Lee was asked his opinion on the US stock market being up to start the week after the US’s military strikes on Iranian nuclear facilities over the weekend. “Well, you know, in some ways it’s not a...