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Investment Advisor Pushes $45,650,000 Bank Fraud Scheme, Shovels Defrauded Money Into Property and Private Plane
A Nebraska-based investment advisor faces up to 30 years in prison after admitting he’s behind an attempted $45.65 million fraud against financial institutions. Jesse Hill, 35, has pleaded guilty to...
Spark (SPK) Token’s Price Struggles After Launch Despite Major Exchange Listings
SPK Token, the native token of Spark, launched on Tuesday after much anticipation. The token secured listings on major exchanges, including Coinbase, Binance, and others.  However, since the launc...
JPMorgan Chase Says Deposit Token Offers ‘Superior Alternative’ to Stablecoins
JPMorgan Chase plans to launch a product called a “deposit token” that will serve as a digital representation of commercial bank money and will be available only to the bank’s institutional clie...
US DOJ, Europol seize world’s largest dark web drug market operating via Monero
An international law enforcement effort has dismantled one of the world’s largest and longest-running criminal marketplaces on the darknet, arresting its suspected German operator in Spain and seizi...
GENIUS Act Rides Stablecoin Momentum as Senate Clears Path for Crypto Regulation
U.S. President Donald Trump, who has referred to himself as America’s first “crypto president,” wanted stablecoin legislation to reach his desk prior to the Congressional recess in August. [...
The best instant cameras you can buy right now
Even with the ability to take excellent photos with our phones and instantly share them across the world, there’s something magical about the old-school instant camera. With just a click of a bu...
Elon Musk’s xAI Expects to Spend $13 Billion in 2025
Elon Musk’s artificial intelligence (AI) startup, xAI, reportedly expects to spend $13 billion this year while bringing in revenues of $500 million. [contact-form-7] The company shared thi...
Lawmakers Zero In on Check Fraud Crisis
Regulators and lawmakers are taking a fresh look at payments fraud, and as a result, federal action may be brought to bear on the growing challenge of check fraud. [contact-form-7] On Monday...
Goldman Sachs Predicts American Households Will Pour $425,000,000,000 Into Stock Market This Year: Report
Banking giant Goldman Sachs says that US households will continue to pump money into the stock market this year, remaining the main buyer of equities. In a note seen by Bloomberg, Goldman analysts led...
Revolut Plans to Launch AI Assistant for Consumers’ Financial Decision-Making
Finance app Revolut is reportedly experimenting with an artificial intelligence (AI) financial assistant and plans to launch it soon.  [contact-form-7] Speaking at a Bloomberg New Voices e...
Newswire > Tag: money
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