Two separate incidents highlight how Wells Fargo’s handling of fraud claims seems to depend on media attention. In both cases, the bank initially denied reimbursements to victims of scams, only to reverse course after news outlets started investigating. $4,000 Gone in Houston Houston resident Heather Sanders lost $4,000 after falling victim to a convincing phone…
Billionaire investor Ray Dalio is sounding the alarm about the US economy. He believes the country is on a collision course with disaster unless it drastically reduces its deficit. The “3% Solution” Dalio’s proposed fix? A “3% solution.” This plan aims to lower the annual deficit-to-GDP ratio from around 7% to 3%. He says this…
Millions of people affected by a massive data breach are in line for a payout. A court has given preliminary approval to a $20 million settlement. Who’s Getting Paid? Over five million users of Fortra’s file transfer platform will share the money. The breach exposed sensitive information including names, addresses, birthdates, Social Security numbers, and…
Crypto trader Justin Bennett is predicting a significant drop for Bitcoin (BTC). He’s shared his analysis with his over 100,000 followers on X (formerly Twitter). Bitcoin’s Potential Crash Bennett believes Bitcoin has broken a key support level, signaling further downside. He points to a confirmed break below the $106,000 support. His prediction? A potential drop…
Bitcoin’s price has taken a bit of a dive recently, after hitting a new record high last week. It looks like the buying frenzy might be slowing down, especially with the overall market feeling a bit weak at the end of May. Predicting what happens next is tough, but some interesting data from a major…
Bitcoin’s been on a bit of a rollercoaster lately. After flirting with a new all-time high around $112,000, it’s pulled back, settling in the $103,000-$106,000 range. While things are still generally bullish, investors are getting a little nervous due to global economic jitters. Economic Uncertainty and Bitcoin’s Dip Rising US Treasury yields are adding to…
The US Securities and Exchange Commission (SEC) finally gave some much-needed clarity on cryptocurrency staking. They’ve said that most staking activities are not securities transactions under US law. What the SEC Said About Staking The SEC’s Division of Corporation Finance released a statement saying that a lot of staking on Proof-of-Stake (PoS) networks isn’t subject…
Bitcoin took a bit of a tumble, dropping over 7% from its record high of almost $112,000. This dip happened as global uncertainty spiked, thanks to renewed trade tensions between the US and China. Even with all this market drama, Bitcoin is still seen by many as a safe haven from economic and political instability….
Markets took a slight dip on Friday after former President Trump accused China of breaking a trade agreement. Trump’s Claims Trump, posting on Truth Social, claimed he’d made a deal to prevent China from facing severe economic hardship due to his tariffs. He stated the deal stabilized the situation, but alleged China subsequently violated the…
A huge data breach has exposed the login details of over 184 million accounts across major platforms like Facebook, Google, Apple, and many more. Millions of Accounts Compromised Security researcher Jeremiah Fowler discovered an unsecured database containing 184,162,718 login records. This massive trove of data, spanning over 47 gigabytes, included credentials for various services. A…
