Mobile banking malware attacks are surging, hitting Android and iPhone users hard. A new report reveals a massive increase in these attacks. A Massive Increase in Attacks The number of smartphone users targeted by banking malware exploded in 2024, jumping a whopping 258% compared to 2023. That’s a jump from 69,200 victims to a staggering…
Germany is questioning the security of its $109 billion gold reserves stored at the New York Federal Reserve. High-ranking officials are calling for a physical inspection, and some even want the gold repatriated to Germany. Concerns Over Gold Reserves Michael Jäger of the European Taxpayers’ Association is urging Germany to bring its gold home immediately,…
Cryptocurrency companies are pushing Congress to let stablecoin issuers share interest earned with users. This is a last-minute attempt to influence upcoming legislation. The Interest Debate Stablecoins, digital currencies pegged to the US dollar, are usually backed by real-world assets. Issuers invest these reserves, earning interest. They want to pass this interest on to stablecoin…
Ethereum’s price has taken a major hit, dropping 55% from its peak. This downturn mirrors the broader crypto market slump, fueled by global economic uncertainty and worries about trade. High-risk assets like Ethereum have been particularly vulnerable. Less Ethereum on Exchanges: A Bullish Sign? Despite the gloomy outlook, there’s a positive signal: The amount of…
Bitcoin’s price has been stuck in a tight range lately, bouncing between $81,000 and $90,000. This is happening because of the general uncertainty in the global economy. Things like trade wars and political tensions are making investors nervous, and that’s hitting high-risk investments like Bitcoin. Bitcoin’s Unexpected Strength But here’s the interesting part: If you…
Ethereum’s performance has been disappointing lately, raising concerns among investors. The price keeps dropping, and experts are worried it might fall even further. Ethereum’s Underperformance Ethereum hasn’t been doing well compared to Bitcoin. It’s significantly underperformed in the last quarter, losing almost half its value while Bitcoin only dropped about 15%. This huge difference is…
A top financial analyst is warning of a potential catastrophe for the US tech sector thanks to President Trump’s tariffs. Dan Ives of Wedbush Securities paints a grim picture, claiming the situation could be as bad as the early days of the COVID-19 pandemic. Armageddon for Tech? Ives says Trump’s tariffs, especially the hefty ones…
Macroeconomic expert Luke Gromen believes a Trump-era policy could dramatically change how Bitcoin trades. He argues that the “America First” investment policy, aimed at making US foreign investment more cautious, might push capital out of US markets. A Shift in Investment Flows? Gromen suggests this policy essentially tells China and other foreign investors to pull…
Robert Kiyosaki, author of “Rich Dad Poor Dad,” believes a major stock market crash—one he predicted years ago—is happening now. He warns of a potential US depression. Market Crash and Recession Fears Kiyosaki, citing his book “Rich Dad’s Prophecy,” claims the crash is wiping out the financial security of many investors. He’s convinced the US…
Arthur Hayes, the founder of BitMEX, predicts a major shift in global finance. He believes that gold and Bitcoin are replacing US Treasuries and stocks as the world’s main reserve assets. The End of US Dominance? Hayes argues that the US’s economic policies, particularly under President Trump, are driving this change. He suggests that Trump’s…
