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An US lender has agreed to pay millions of dollars to settle a class action lawsuit over a data breach and cyberattack t...
11/07/2025

An US lender has agreed to pay millions of dollars to settle a class action lawsuit over a data breach and cyberattack targeting the financial firm’s computer systems. According to the settlement administrator’s portal, the Communication Federal Credit Union will pay $2.9 million to settle the suit filed after documents containing private information were accessed by unauthorized parties between December 31st of 2023 and January 11th of 2024....

An US lender has agreed to pay millions of dollars to settle a class action lawsuit over a data breach and cyberattack targeting the financial firm’s computer systems. According to the settlement administrator’s portal, the Communication Federal Credit Union will pay $2.9 million to settle the s...

The chief investment officer of the world's biggest asset manager believes the Federal Reserve will continue cutting int...
11/07/2025

The chief investment officer of the world's biggest asset manager believes the Federal Reserve will continue cutting interest rates next month. In a new interview with Yahoo Finance, BlackRock CIO Rick Rieder says that despite some members of the Federal Open Market Committee (FOMC) leaning more towards a pause on rate cuts, another cut is still more likely given the mounting evidence that inflation is under control....

The chief investment officer of the world's biggest asset manager believes the Federal Reserve will continue cutting interest rates next month.

Dubai, UAE, 7th November 2025, Chainwire...
11/07/2025

Dubai, UAE, 7th November 2025, Chainwire...

Dubai, UAE, 7th November 2025, Chainwire

A Los Angeles County man is heading to federal prison for helping launder over $36.9 million tied to a sprawling interna...
11/07/2025

A Los Angeles County man is heading to federal prison for helping launder over $36.9 million tied to a sprawling international digital asset investment scam run from Cambodia. Jose Somaribba played a central role in a scheme that tricked victims around the world into wiring funds to U.S.-based accounts under false pretenses of legitimate cryptocurrency and investment opportunities, reports MyNewsLA....

A Los Angeles County man is heading to federal prison for helping launder over $36.9 million tied to a sprawling international digital asset investment scam run from Cambodia.

Bitwise CIO Matt Hougan says retail crypto investors are at peak levels of desperation after Bitcoin's nosedive below $1...
11/07/2025

Bitwise CIO Matt Hougan says retail crypto investors are at peak levels of desperation after Bitcoin's nosedive below $100,000. In a new interview with CNBC, Hougan says a "tale of two markets" has unfolded, with retail crypto investors facing leverage blowouts, vault issues and depressed sentiment, signaling a bottom is close. Hougan remains optimistic, predicting a rally into year-end and 2026 as institutions drive demand, viewing crypto's yearly returns positively....

Bitwise CIO Matt Hougan says retail crypto investors are at peak levels of desperation after Bitcoin's nosedive below $100,000.

The Federal Deposit Insurance Corporation (FDIC) says employees at a major US bank have been caught draining hundreds of...
11/06/2025

The Federal Deposit Insurance Corporation (FDIC) says employees at a major US bank have been caught draining hundreds of thousands of dollars from customers' accounts. The FDIC says one of the insiders, Truist Bank’s ex-employee Mountee Brown, caused losses of more than a quarter of a million dollars over two months. "Respondent , while serving as a Financial Service Specialist at Truist Bank, Charlotte, North Carolina (Bank), on at least 26 occasions between October and November 2022, authorized the withdrawal of funds from customer accounts to individuals who were not authorized to receive those funds....

The Federal Deposit Insurance Corporation (FDIC) says employees at a major US bank have been caught draining hundreds of thousands of dollars from customers' accounts.

New York, United States, 6th November 2025, Chainwire...
11/06/2025

New York, United States, 6th November 2025, Chainwire...

New York, United States, 6th November 2025, Chainwire

Kuala Lumpur, Malaysia, 6th November 2025, Chainwire...
11/06/2025

Kuala Lumpur, Malaysia, 6th November 2025, Chainwire...

Kuala Lumpur, Malaysia, 6th November 2025, Chainwire

A senior official at the Office of the Comptroller of the Currency (OCC) says he's working to ensure large US banks have...
11/06/2025

A senior official at the Office of the Comptroller of the Currency (OCC) says he's working to ensure large US banks have ended policies that likely triggered the “debanking” of certain clients or industries. OCC Comptroller Jonathan Gould told a regulatory-conference audience that examiners are verifying whether major banks have followed through on eliminating practices that discouraged providing services to particular sectors, …...

A senior official at the Office of the Comptroller of the Currency (OCC) says he's working to ensure large US banks have ended policies that likely triggered the “debanking” of certain clients or industries.

An investor who accurately called the 2008 housing market collapse has placed massive short bets on two of the largest f...
11/06/2025

An investor who accurately called the 2008 housing market collapse has placed massive short bets on two of the largest firms in the US. New 13F filing from the U.S. Securities and Exchange Commission (SEC) shows that Michael Burry's Scion Asset Management placed $1.098 billion worth of puts on Nvidia (NVDA) and Palantir (PLTR) in Q3 of this year, predicting that the stocks would melt down....

An investor who accurately called the 2008 housing market collapse has placed massive short bets on two of the largest firms in the US.

New York, USA, 6th November 2025, Chainwire...
11/06/2025

New York, USA, 6th November 2025, Chainwire...

New York, USA, 6th November 2025, Chainwire

Robinhood is reporting a major surge in crypto asset trading revenue for the third quarter of 2025, climbing over 300% y...
11/06/2025

Robinhood is reporting a major surge in crypto asset trading revenue for the third quarter of 2025, climbing over 300% year-over-year to $268 million. The boost contributed to total transaction-based revenues of $730 million, up 129% from the prior year. Overall net revenues doubled to a record $1.27 billion, while net income jumped 271% to $556 million. The growth stemmed from $80 billion in crypto notional trading volumes, split evenly between the Robinhood app and newly acquired Bitstamp....

Robinhood is reporting a major surge in crypto asset trading revenue for the third quarter of 2025, climbing over 300% year-over-year to $268 million.

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