Tag: money | BizAndTech Newswire

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The gadgets our sleep team swears by for managing insomnia and falling back asleep fast after 3 a.m. wake-ups — top picks from $25
If you're looking for sleep tech that's actually worth the money, these editor-approved gadgets are for you...

Bank of America Employee Fuels $10,000,000,000 Fraud Scheme, Uses Position To Launder Millions in Medicare Proceeds: DOJ
The U.S. Department of Justice says an insider at a major US bank fueled a billion-dollar fraud scheme that stole the identities of over a million Americans. The DOJ says 36-year-old Renat Abramov, a ...

Crypto Exchange Bithumb Mistakenly Sent $44 Billion Bitcoin to Users
Bithumb, the second largest crypto exchange in South Korea, said it mistakenly gave away 620,000 bitcoin, worth about $44 billion, to users, and has recovered 99.7% of the money. Bithumb was planning ...

Mobile Money Services Expected to Surge in Emerging Markets, Report Claims
Mobile money services are poised for unprecedented expansion, particularly in emerging markets. According to a recent study by Juniper Research, the number of mobile money users in these regions is pr...

Trump’s crypto “golden age” throws away $2 trillion in profits, leaving those holding dollars as winners
The crypto market that surged on Donald Trump’s campaign promise of a friendlier US posture is now back near where it started, after an 18-month round trip that added close to $2 trillion in value a...

How Capex Ramp Up Will Squeeze Google, Amazon, Meta
Big tech’s dramatic ramp-up in projected capital expenditures this year will all but wipe out free cash flow for Amazon, Google and Meta Platforms. That will force some of those companies to make so...

Tether Freezes $500 Million in Assets Linked to Turkish Gambling Ring
Tether, the issuer of the world’s most widely traded stablecoin, has frozen more than $500 million in digital assets. The funds are linked to a massive illegal gambling and money-laundering synd...

California Man Allegedly Masterminds $37,000,000 Ponzi Scheme, Draining Trove of Cash From More than 100 Victims’ Bank Accounts: SEC
The U.S. Securities and Exchange Commission (SEC) is accusing a California entrepreneur and his companies of executing a...

Will Solana’s Price Recovery Be Challenging? Here’s What On-Chain Signals Suggest
Solana has staged a sharp intraday recovery after recent losses pressured the price earlier this week. SOL bounced strongly as the broader crypto market added nearly $200 billion in value. Aggres...

Man Who Sold $105,000,000 of Illegal Narcotics Through Crypto-Based Marketplace Receives 30 Years in Prison: DOJ
The owner of the dark web marketplace Incognito Market has been sentenced to 30 years in federal prison for running what prosecutors describe as one of the world’s largest online narcotics platforms...

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