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US Banks Unite on Blockchain to Shield Deposits from Stablecoin Threat
The world of payments is changing fast. Big US banks are now working together on a new plan to keep their strong position in handling money and deposi....
Bank Employee Hijacks 78-Year-Old Dementia Patient’s Account, Drains $125,000 via Checks, Debit Card Use and Wire Transfers: DOJ
A former employee of a billion-dollar lender faces decades in prison over the disappearance of thousands of dollars from an ailing septuagenarian’s ba....
Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight
The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over w....
Ben McKenzie Exposes Crypto Frauds: Actor’s Documentary Warns Young Investors of Hidden Dangers
From Teen Drama Star to Watchdog Ben McKenzie, the actor who captured hearts as Ryan Atwood in the hit 2000s show The O.C., has turned his sights on....
Bank Employee Allegedly Drains $164,918 From Customer’s Account, Spends Loot on Herself and Family Members
A US financial regulator says a bank insider withdrew a massive pile of cash from a senior citizen’s account without the customer’s consent. The Offic....
BIS Alert: Crypto Exchanges’ Boom and Missing Rules Put Users in Serious Danger
Why Crypto Users Need to Pay Attention to This New Warning Imagine putting your money into what looks like a safe, high-interest savings account. You....
Nu Holdings (NU) Stock; Climbs Slightly After Board Adds Tech Veteran
TLDRs; Nu Holdings adds ex-Amazon executive Diego Piacentini to board amid global expansion push. U.S. bank approval process advances as company targ....
Morgan Stanley’s Bitcoin ETF Likely To Launch Early Next Month: Bloomberg Analyst
Morgan Stanley’s Bitcoin exchange-traded fund appears set for an imminent launch, according to a leading ETF analyst. Bloomberg analyst James Seyffart....
Stablecoin Yield Off The Table? Crypto Leaders Review CLARITY Act’s Latest Text
In a closed-door meeting on Capitol Hill, crypto industry leaders reviewed the latest text of the long-awaited crypto market structure bill, which foc....
US Banks Hit by Massive Third-Party Data Breach, Sensitive Information of 672,075 People Potentially Exposed
A digital, marketing and communications firm serving US banks has been hit by a massive data breach that impacted more than half a million Americans.....
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