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A US bank has agreed to pay hundreds of thousands of dollars to settle a class action lawsuit accusing the lender of failing to properly secure customer data.
According to the settlement administrator’s portal, Summit National Bank will set up a $400,000 settlement fund that will be used to pay victims of a data breach that exposed customers’ personally identifying information, including full...
Three investing icons just poured billions of dollars into a bet on the future of AI.
Berkshire Hathaway’s latest 13F filing shows CEO Warren Buffett initiated a new $4.3 billion position in Alphabet (GOOG) in Q3 of 2025, buying 17.85 million shares of Google’s parent company.
The move marks Buffett’s first-ever investment in the tech giant, signaling major confidence in Alphabet’s ability to...
China is relentlessly dumping billions of dollars in US Treasuries while accumulating a massive amount of gold.
New numbers from the Treasury Department show China’s holdings of US Treasury securities fell from $732.7 billion in June to $688.7 billion in October, a reduction of $44 billion in just five months.
This marks the lowest level since 2008, reflecting ongoing diversification efforts...
A top strategist at JPMorgan Chase says Americans are about to receive a significant financial boost that will fuel more consumer spending.
In a new CNBC interview, the bank’s chief global strategist David Kelly says US taxpayers are estimated to receive a much higher tax refund next year.
Kelly attributes the expected increase to retroactive provisions in the Opportunity and Balanced Budget Act...
Bitwise chief investment officer Matt Hougan says Bitcoin (BTC) is likely to break from its historical four-year cycle as institutional adoption and regulatory progress reshape the market.
On the Bankless YouTube channel, Hougan argues that the forces traditionally used to explain Bitcoin’s cyclical behavior have weakened, while new structural drivers now play a larger role.
Hougan says the...
Banking giant Wells Fargo is set to distribute $1.3 million in a new class action settlement.
The lawsuit alleges the bank sent improper and misleading correspondence to mortgage customers in West Virginia who were enrolled in its COVID-19 forbearance program.
Plaintiff David Kirkpatrick claims Wells Fargo sent letters to borrowers that improperly addressed how deferred mortgage payments would...
December 19th, 2025 – Dubai, United Arab Emirates
GrantiX, an AI-powered SocialFi platform bringing impact investing on-chain, today announced the launch of its GRANT token following a Token Generation Event and multiple sold-out IDOs.
The token is now live and listed on BitMart and BingX, expanding global access to the GrantiX ecosystem.
GRANT serves as the utility and governance token...
December 19th, 2025 – New York, USA
Atomic Wallet, the self-custodial ecosystem trusted by over 15 million users, has announced a defining milestone: the official launch of Atomic Perps.
Powered by the high-performance Hyperliquid network, this major update transforms the wallet into a comprehensive cross-platform trading terminal. Users can now access institutional-grade perpetual...
A massive data breach at a credit reporting firm has potentially exposed the personal information of more than 5.8 million Americans.
The breach was disclosed by the US-based financial services firm 700Credit in a notice posted by the Maine Attorney General’s Office.
The incident may have compromised names, Social Security numbers, financial account information, and other sensitive data held by...
An investor who famously nailed the Great Financial Crisis of 2008 by shorting mortgage-backed securities is issuing a new warning on the US economy.
Former Scion Asset Management head Michael Burry is sharing a chart from Wells Fargo and Bloomberg showing the percentage of the average US household’s net worth allocated to real estate and stocks.
The data appears to show that US households have...