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 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.”
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.
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.
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.
Wells Fargo Customers' Data Exposed, Used for Fraud in …
Oct 19, 2024 · Wells Fargo confirmed a breach last month, stating an insider at the bank accessed and used customers’ information to perpetrate fraud between May of 2022 and March of 2023.. In letter sent to customers posted on the Office of the Vermont Attorney General’s website, Wells Fargo says the stolen data includes names, addresses, dates of birth, phone numbers, email addresses, social security ...
ARK Invest Unveils Year-End Targets for Bitcoin, Sees Continued …
Nov 17, 2024 · Based on the numbers dating as far back as 2011, Puell predicts that Bitcoin could rise by as much as 36% from current levels. “As of November 13, 2024, Bitcoin’s performance multiple reached 2.14x, outperforming the 2.06x average for all sampled years: 2011 to 2023, as well as the 2.04x average of all calendar years in which …
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 […]
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 …
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 ...