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Fintech

Payments Giant Stripe To Acquire Crypto Wallet Provider Privy Following $1,000,000,000 Purchase of Stablecoin Firm: Report

Payments platform Stripe has announced its acquisition of a crypto wallet provider shortly after closing a $1 billion deal to…

June 11, 2025

Tether CEO Paolo Ardoino Says No Need To Go Public Despite Possible $515,000,000,000 Valuation

Tether CEO Paolo Ardoino says he's not interested in taking the stablecoin issuer public on the stock market, regardless of…

June 9, 2025

Billion-Dollar Bank Sending $3,125,000 To Customers Over Alleged Breach of Contract, Improper Overdraft Fees

A US bank is preparing to pay millions of dollars to settle a lawsuit that accused the lender of breach…

June 7, 2025

$17,000,000 Erroneously Sent To 9,238 Americans As Bank Glitch Derails State’s Payroll Process

A payroll glitch at a US bank has led to thousands of state employees being paid twice their normal salaries.…

June 7, 2025

Meta Shareholders Vote To Shut Down Bitcoin Treasury Proposal in Near-Unanimous Decision

Shareholders at Mark Zuckerberg's Meta have decided to shoot down a proposed Bitcoin (BTC) treasury for the tech giant. According…

June 2, 2025

Payments Giant Stripe Says Banks ‘Very Interested’ in Potentially Using Stablecoins: Report

The payment processing firm Stripe reportedly held early talks with banks regarding the potential for the financial firms to begin…

June 2, 2025

JPMorgan Chase CEO Warns US Bond Crisis Coming After Massive Money Printing, Says Regulators Will Panic

JPMorgan Chase CEO Jamie Dimon just issued a major warning on the state of the US economy. At an event…

May 31, 2025

$413,200,000,000 in Unrealized Losses Hit US Banks As FDIC Warns Rising Rates Adding Pressure

US banks are now saddled with $413.2 billion in unrealized losses on their balance sheets. In its new Quarterly Banking…

May 30, 2025

US Banks Amass $88,660,000,000 Cash Stockpile in Just Three Months As Lenders Abruptly Hoard Assets: S&P Global

US banks are piling cash onto their balance sheets while showing a weak appetite for lending, according to the financial…

May 25, 2025

Wells Fargo Confirms Widespread Outage After Customers Report Issues With Account Access, Balances, Zelle Transfers and Other Transactions

Wells Fargo has confirmed a mass outage that has prevented customers from accessing their accounts. Customers began reporting issues on…

May 18, 2025