The Business & Technology Network
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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...
Former Heritage Foundation think tank economist Peter St Onge just issued a fresh warning about inflation. In a new video update, the economist says the Federal Reserve’s decision to end quantitative tightening (QT) and start buying short-term U.S. Treasury bills will likely cause inflation to jump higher once again. “The Federal Reserve just announced it’s unleashing the money printers to...
December 18, 2025 – Geneva, Switzerland TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced that Kalshi, the world’s largest prediction market platform, has integrated the TRON blockchain network. This integration enables seamless deposits and withdrawals using...
Bank of America is flagging rising risks on Wall Street as investor cash levels fall to record lows. BofA’s December Global Fund Manager Survey shows global investors holding just 3.3% of their portfolios in cash, the lowest level ever recorded, reports Barron’s. The survey also finds allocations to stocks and commodities at their highest levels since February 2022, reflecting the strongest...
The author of the personal finance bestseller Rich Dad Poor Dad believes hyperinflation is coming, warning life will become “very expensive” for those unprepared. Robert Kiyosaki issued the US dollar alert following the Federal Reserve’s latest interest rate cut. “The FED lowered interest rates… signaling QE (quantitative easing) or turning on the fake money printing press. This will lead to...
December 18th, 2025 – New York, United State With 180,000 active users, merit-based $UP distribution validates user-first approach to onchain wealth  Superform, the first user-owned stablecoin neobank, today announced it has raised $3M in a public token sale on cookie.fun powered by Legion. The milestone coincides with Superform’s upcoming series of product rollouts, starting with today’s...