Chainlink (LINK) creator Sergey Nazarov says the recent launch of spot Bitcoin (BTC) exchange-traded funds (ETFs) is a “watershed moment” for the industry as it could mark the beginning of a massive influx of capital from global finance. In a new interview on Bloomberg Television, Nazarov says the “net new buyers” of the current crypto […]
The post Sergey Nazarov Says Bitcoin ETFs ‘Just The Beginning’ Before Banks Launch Massive Tokenization Campaign appeared first on The Daily Hodl.
US banks failed to stop scammers from stealing nearly half a billion dollars of their customer’s money in 2023, according to a new report from the Federal Trade Commission (FTC). In an overview on the state of scamming, the FTC says It tracked 11,950 reports of bank transfer and payment fraud in 2023, with banking […]
The post US Banks Lose $492,000,000 of Customer Funds in One Year As Successful Scams Skyrocket: Report appeared first on The Daily Hodl.
The 10th largest city in the US is preparing to hand out a total of $1.3 million to people who are strapped for cash. A guaranteed income program in Austin, Texas has been expanded and will soon help 135 households, reports the NBC-affiliated news station KXAN-TV. Details on how the money allocated to the “Family […]
The post $1,300,000 To Be Distributed With No Strings Attached As Major US City Embraces Guaranteed Income Pilot appeared first on The Daily Hodl.
US-based digital asset exchange Kraken and other crypto firms reportedly decided not to buy advertising space for the biggest marketing event of the year. Fox Business reports that most major crypto companies decided not to run commercials during the San Francisco 49ers and the Kansas City Chiefs match at the Super Bowl LVIII event on […]
The post Kraken and Other Crypto Giants Decide Not To Run Super Bowl Ads: Report appeared first on The Daily Hodl.
The loss of a JPMorgan Chase customer’s life savings has sent Apple scrambling to remove a group of apps from the App Store. Chase customer Avalon Grimes says her account was drained after she received a call that appeared to be from the bank, reports CBS New York. The phone number on her caller ID […]
The post JPMorgan Chase Customer’s Life Savings ‘Washed Away’ by Scammer – Why Apple Is Abruptly Deleting Apps in Response appeared first on The Daily Hodl.
A new basic income program is set to give away tens of millions of dollars in America’s most densely populated city. New York City has allocated $53 million to give to migrants who are currently being put up in hotels, reports the New York Post. More than 150,000 people seeking asylum have arrived in the […]
The post $53,000,000 To Be Handed Out in Major US City in Controversial Guaranteed Income Pilot: Report appeared first on The Daily Hodl.
Investor Steve Eisman, who took short positions against the housing market leading up to the 2008 crisis, believes that it would be ill-advised for the Fed to start cutting interest rates. In a new CNBC interview, Eisman says the US economy looks solid on the back of healthy consumer spending. According to the “Big Short” […]
The post ‘Big Short’ Investor Says Interest Rate Cuts Would Be a Waste Now, Praises Fed for Engineering Soft Landing appeared first on The Daily Hodl.
U.S. Federal Reserve Chair Jerome Powell is warning that the government cannot continue on its path of relentless debt accumulation. In a new 60 Minutes interview with Scott Pelley, Powell says the ballooning national debt is becoming a danger to the stability of the US economy. The Fed Chair calls the attention of the US […]
The post Fed Chair Jerome Powell Warns United States on Unsustainable Fiscal Path Amid Record-High National Debt appeared first on The Daily Hodl.
A pair of elderly women are suing JPMorgan Chase for allegedly enabling a massive theft of over $2.2 million of their combined life savings. Lawyers for the plaintiffs say 76-year-old Diane Artemis Yaffe and 80-year-old Alice Lin were victims of “pig butchering” scam in California when they were targeted by con artists posing as employees from […]
The post JPMorgan Chase To Blame After $2,220,000 Drained From Bank Accounts in ‘Obvious Fraud,’ Alleges New Lawsuit appeared first on The Daily Hodl.
A customer at Wells Fargo says he was shocked to discover $4,000 in cash had been taken out of his safe deposit box – and the bank refused to reimburse the funds. Jeffrey Temmer says he realized his safe deposit box was empty when tried to grab cash for Christmas shopping, reports Milwaukee-based FOX6 News. […]
The post Wells Fargo Refuses to Reimburse Client After $4,000 Vanishes From Safe Deposit Box – How the Customer Took Matters Into His Own Hands appeared first on The Daily Hodl.
