Bank Abruptly Shut Down by US Regulators in Second Bank …
Oct 20, 2024 · The agency says it took action after identifying false and deceptive bank records and other information that suggests fraud depleted the bank’s capital. “The OCC also found that the bank was in an unsafe or unsound condition to transact business and that the bank’s assets were less than its obligations to its creditors and others.”
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News and insight for the digital economy, featuring breaking news on the future of finance including macro, bitcoin, ethereum, crypto and web 3.
Bitcoin News - The Daily Hodl
Read daily updates on Bitcoin (BTC) that highlight price and technical analysis along with news on government regulations, Wall Street interest, hedge fund investments and mass adoption by private companies, consumers, online shoppers and people who are using the cryptocurrency to send and receive money.
Bank of America Bracing for $800,000,000 Loss As Investigators …
Nov 9, 2024 · The second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of America says it faces a “reasonably possible and estimable” loss of up to $800 million due to investigations from the Consumer Financial Protection Bureau (CFPB) and other federal regulators.
Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory ...
Nov 15, 2024 · Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank and Eagle Bank say some debit cards may have been compromised following a security breach of a merchant ...
Three US Banks Reveal Data Breaches, Exposing Hundreds of …
Oct 12, 2024 · Three US banks are warning customers that their sensitive personally identifiable information has been exposed. In a filing with the Office of the Vermont Attorney General, Citizens Bank says it suffered a breach in the first half of this year.
Fundstrat’s Tom Lee Says Stock Market Sitting at Bullish Support …
Nov 20, 2024 · Fundstrat managing partner Tom Lee still thinks the markets have room to run following explosive gains after Donald Trump’s US presidential election victory earlier this month. Lee, who also serves as Fundstrat’s head of research, says in a new interview with CNBC that he thinks the “Trump ...
JPMorgan Chase Suffers Data Breach Affecting Personal …
May 10, 2024 · JPMorgan Chase says it has discovered a data breach affecting the personal information of nearly half a million customers. New filings with the Office of the Maine Attorney General show the banking giant recently found a software …
Coinbase Launches ‘COIN50’ Index Designed To Track Top Fifty …
Nov 18, 2024 · To qualify for entrance into the index, the assets must not be pegged to other digital assets, must have most of their token supply in public circulation and must not have any known security vulnerability. “The Coinbase 50 Index, rebalanced quarterly, is a market cap-weighted index of the top 50 assets that meet the index’s criteria. Traders can use the index to track the performance of ...
XRP Rival Stellar (XLM) Announces New Partnership With …
Oct 17, 2024 · The product enables payers to send crypto using a recipient’s email address, rather than a long blockchain address. Stellar and Mastercard are partnering to enable remittances and peer-to-peer transfers by embedding Crypto Credential in the blockchain’s ecosystem, per a new press release.. Explains the Stellar Development Foundation, “As an extension of the partnership, Mastercard and ...