Billionaire investor Steve Cohen has significantly redeployed capital into major U.S. banks, channeling approximately $205.5 million into shares of Wells Fargo, US Bancorp and several other regional financial institutions in…
Institutional investors are once again selling Bitcoin and crypto investment projects. After an opening week of inflows, digital asset products saw $454 million in outflows for the week ending January…
Illicit crypto asset inflows hit a record $158 billion last year, according to a new report. The inflows represent a 145% jump from $64.5 billion in 2024, ending a multi-year…
New data suggests China’s yuan could reportedly be extremely undervalued against the US dollar. Brad Setser, a senior fellow at the Council on Foreign Relations, as well as Goldman Sachs…
Thousands of dollars will be handed out to victims of a cyberattack that targeted a US healthcare firm and exposed the private data of patients. According to a court-approved settlement…
A court in New York has ordered Citibank to pay an elderly customer millions of dollars after around $773,000 was drained from her bank account in a series of unauthorized…
A 23-year-old man in Florida is accused of posing as representatives of the Federal Deposit Insurance Corporation (FDIC) and multiple banks in a scam that led to the theft of…
