Get the scoop on finance - sign up for mobile alerts

Fintech

Chainlink (LINK) Creator Sergey Nazarov Says Real World Assets (RWAs) Are Next Big Trend in Blockchain

Sergey Nazarov, co-creator of blockchain oracle service Chainlink (LINK), says that one burgeoning sector of the digital asset space is…

July 14, 2024

JPMorgan Chase, Wells Fargo Suffer $3,500,000,000 in Losses As US Banks Report Major Surge in Bad Debt

Two of the largest banks in the US are declaring a loss on a whopping $3.5 billion in debts that…

July 13, 2024

Goldman Sachs Preparing Move Into Tokenization Services Amid Interest From Clients: Report

Banking giant Goldman Sachs is reportedly preparing to expand its crypto services with a focus on the tokenization of real-world…

July 10, 2024

Wells Fargo Illegally Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court

Wells Fargo is facing a new proposed class-action lawsuit, accused of breaking the law by forcing customers to accept responsibility…

July 7, 2024

JPMorgan Chase, Bank of America and 7 Mega Banks Paying $46,000,000 Over Alleged Conspiracy To Rig Trillion-Dollar Derivatives Market

Nine of the largest banks in the world are settling a long-running lawsuit that accuses them of conspiring to rig…

July 6, 2024

Millions of Americans’ Personal Data Allegedly Exposed As Notorious Hacker Hits Bank, Steals Sensitive Info From Multiple Financial Firms

A notorious hacker has successfully breached a major US bank, stealing sensitive customer information from a long list of financial…

July 6, 2024

JPMorgan Chase Warns 86,000,000 Customers Poised To Pay for Bank Accounts in Massive Overhaul, Elimination of Free Services

JPMorgan Chase just issued a major warning to its 86 million customers. The banking giant says a list of new…

July 5, 2024

Russia Looking at Using Stablecoins for International Payments: Russian State Media

Russia is reportedly considering using stablecoins to make international payments, according to state-run media. According to a new report by…

July 3, 2024

Citizens of the Philippines Can Pay Social Security Using Tether’s USDT Following New Partnership

USDT-issuer Tether is now allowing Filipino citizens to pay their social security system contributions with crypto. According to Tether, citizens…

July 1, 2024

JPMorgan Chase, Bank of America and Wells Fargo Accounts Used in Alleged $92,000,000 Money Laundering Scheme: Report

An alleged $92 million money laundering scheme went "right through" three of the largest banks in the US, according to…

June 29, 2024