JPMorgan Chase Details Election ‘Playbook’ for Investors, Forecasts Wall Street’s Response To Trump, Harris Victories

October 25, 2024 The Daily Hodl

bank

Banking giant JPMorgan Chase just released its US election playbook for investors. The bank’s strategists say “Trump trade” dynamics are clearly playing out over the last couple of weeks, alongside former President Donald Trump’s surge in betting markets. “Small- and mid-cap stocks have outperformed their large-cap peers on hopes of lower taxation and deregulation. U.S. […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

FDIC Warns Customers Holding $7,100,000 in Uninsured Deposits After Sudden Bank Failure

October 25, 2024 The Daily Hodl

bank

The Federal Deposit Insurance Corporation (FDIC) says large customers at a recently shut down bank could collectively lose millions of dollars in uninsured deposits. The banking regulator says at least $7.1 million at First National Bank of Lindsay in Oklahoma was uninsured, held in accounts that exceed the agency’s $250,000 insurance coverage limit. For now, […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

$109,000 Drained From 81 Year-Old’s Bank Account in Devastating Social Security Scam: Report

October 23, 2024 The Daily Hodl

bank

An 81 year-old woman says she’s lost her entire life savings to a Social Security scam. Washington, D.C.-based Gladys Baxley says she recently received a call from someone claiming to be with the Social Security Administration, reports the CBS-affiliated news station WUSA9. When the caller said Baxley’s Social Security number was in the hands of […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

Bank Abruptly Shut Down by US Regulators in Second Bank Failure of 2024

October 20, 2024 The Daily Hodl

bank

Financial regulators just shut down a bank in Oklahoma, marking the second US bank failure of 2024. The First National Bank of Lindsay has been shuttered by the Office of the Comptroller of the Currency. The agency says it took action after identifying false and deceptive bank records and other information that suggests fraud depleted […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

$400,000 Extracted From ATMs Across New York As Criminals Hit Banks in Sophisticated Scheme: Report

October 19, 2024 The Daily Hodl

ATM

The US Department of Justice says it’s apprehended six men accused of stealing over $400,000 from ATMs in New York. The men allegedly used a device to infect the New York ATMs with malware, forcing them to dispense all the cash they contain in a relatively short period of time in a scheme known as […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

JPMorgan Chase Refuses To Reimburse Customer After Bank’s Employee Steals $30,000 From Account: Report

October 19, 2024 The Daily Hodl

bank

JPMorgan Chase refused to reimburse a customer for more than a year after the bank’s own employee drained $30,000 from the account, according to a new report. Criminal warrants show former Chase employee Robert Murphy allegedly initiated a massive, fraudulent wire transfer, reports the ABC-affiliated news station WSB-TV. Murphy, who was an investment advisor at […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

13,000 People Hacked As Criminal Organization Cracks Smartphones, Drains Bank Accounts, Steals Passwords, Audio Recordings, Photos, Text Messages and More: Report

October 19, 2024 The Daily Hodl

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Security researchers say a newly discovered piece of malicious software designed to drain bank accounts has hit 13,000 people. Experts at the cybersecurity firm Zimperium say a new variant of a trojan called TrickMo is infecting Android devices through phishing and social engineering attacks, often disguising itself as legitimate-looking banking and utility apps. Zimperium, which […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

Bank Runs Hit 22 US Lenders in 2023 As Wave of Panic Sank Silicon Valley Bank: New York Federal Reserve

October 18, 2024 The Daily Hodl

bank

The collapse of Silicon Valley Bank (SVB) triggered a wave of bank runs at 22 US lenders last year, according to an under-the-radar report from the New York Federal Reserve. Depositors pulled cash from the unnamed banks en masse on March 10th and March 13th, 2023 – with some lenders losing up to 10% of […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay

October 18, 2024 Bitcoin.com

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Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Bank of America Warns $35,751,000,000,000 National Debt Will Surge To ‘Unprecedented Levels’ As US Lender Recommends One Asset To Investors

October 17, 2024 The Daily Hodl

bank

Bank of America says the $35.751 trillion national debt will rise to “unprecedented levels” in the years ahead, according to a new report. The banks’ analysts just sent a note to clients stating the US will be forced to pay increasing interest on the debt as spending once again ramps up, reports Investing.com. And although […]

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