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.”
The Daily Hodl
News and insight for the digital economy, featuring breaking news on the future of finance including macro, bitcoin, ethereum, crypto and web 3.
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.
The Dai Lo Announces Acquisition of Fractal Network
Dec 2, 2024 · Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions the Dai Lo to harness Fractal’s groundbreaking ZK (zero knowledge) technology and …
Tron (TRX) Founder Justin Sun Eats $6,200,000 Banana, Comparing …
Nov 29, 2024 · The founder of the Tron blockchain is making headlines for eating a famously controversial piece of art.After winning Italian artist Maurizio Cattelan’s art piece “Comedian” last week in a Sotheby’s art auction for $6.2 million, Justin Sun made good on his promise today to eat the art installation, which was a banana duct-taped to a wall.
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.
Historical Patterns Hint at When Ongoing Crypto Bull Market …
Mar 9, 2024 · A closely followed crypto analyst is forecasting when the ongoing bull market for digital assets could come to an end. Pseudonymous crypto strategist Rekt Capital tells his 411,700 followers on the social media platform X that historic Bitcoin (BTC) patterns point to a bull run ending in late 2025. “If history repeats, next bull market […]
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.
Ripple Announces Initial Exchange Partners for Ripple USD (RLUSD ...
Oct 15, 2024 · Beta testing for RLUSD rolled out on the Ethereum (ETH) mainnet and the XRP Ledger (XRPL) two months ago.. Ripple first announced plans for RLUSD in April 2024. In a court filing in May, the U.S. Securities and Exchange Commission (SEC) argued that the planned stablecoin represented an “unregistered crypto asset.” The SEC’s assertions have yet to be confirmed or denied in court.
JPMorgan Chase Paying $900 To New Customers As Wells Fargo, …
Oct 5, 2024 · Specifically, new Chase customers receive a $300 bonus for opening a checking account with direct deposit, as long as they deposit $500 within three months.. In addition, customers receive a $200 bonus for opening a savings account and depositing at least $15,000 within 30 days, as long as the balance is maintained for 90 days.