After facing media scrutiny, Wells Fargo has initiated refunds for victims of scams. This action highlights the impact of public exposure on the bank’s consumer protection policies. However, […]
Wells Fargo Reverses Refunds Refusal, Following Media Scrutiny of Scam Victims
Wells Fargo faced public backlash after initially denying refunds to scam victims despite substantial losses reported by individuals affected. The bank’s initial stance sparked media attention and forced […]
Cantor Fitzgerald Launches Gold-Shielded Bitcoin Fund for Cautious Crypto Investors
Wall Street giant Cantor Fitzgerald has taken a major step into the world of crypto finance by launching a new gold-backed bitcoin fund and a $2 billion lending […]
Hidden Road Expands Access to OTC Crypto Swaps for US Institutional Investors
Leading prime brokerage firm, Hidden Road, has launched over-the-counter (OTC) crypto swaps services specifically designed for U.S. institutional investors. This new offering expands access to cash-settled swaps tied […]
Major U.S. Banks Join Forces to Create Joint Stablecoin for Digital Currency Market
Several of the country’s largest financial institutions, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are exploring a collaboration to launch a shared stablecoin. This initiative […]
Standard Chartered Predicts Bitcoin to Reach $500,000 by 2028
Financial giant Standard Chartered has predicted that Bitcoin’s value could reach $500,000 by 2028, based on a deeper analysis of SEC filings. Their forecast is supported by growing […]
JPMorgan Enables Bitcoin Purchases for Clients at $105,300
JPMorgan Chase, the largest U.S. bank, is now offering clients the ability to buy Bitcoin near $105,300. This move comes despite CEO Jamie Dimon’s skepticism about cryptocurrencies. While […]
JPMorgan Launches Bitcoin Purchases for Clients, No Custody Offered
JPMorgan Chase has made a bold move by allowing its clients to purchase Bitcoin directly through the bank. Crucially, however, they will not offer custody services for these […]
90% of Firms Embrace Stablecoins: Fireblocks’ Latest Report Reveals High Adoption Rates
Fireblocks, a leading digital asset infrastructure provider, has revealed that 90% of financial institutions have begun adopting stablecoins to drive growth. This significant shift marks a growing trend […]
Fifth Third Bank Expands Crypto Push Amidst Regulatory Clarity
Cincinnati-based Fifth Third Bank is taking a more active approach to cryptocurrency offerings, driven by regulatory clarity and growing interest in the sector. The bank has seen increased […]
Federal Reserve to Cut Workforce by 10%, Focuses on Efficiency
The Federal Reserve is taking steps to boost efficiency by reducing its workforce by approximately 10% over the coming years. This decision, announced publicly by Xinhua Finance, has […]
iTrustCapital Launches Turn-Key Crypto Infrastructure for Financial Institutions
Irvine, CA (May 13th, 2025) – iTrustCapital, a leading fintech platform for alternative asset investing, announced today the launch of its institutional-grade crypto infrastructure and qualified custody solution. […]
JPMorgan’s Bitcoin ETF Investment Hits $1.7 Billion Mark
JPMorgan Chase & Co. has made a significant investment in Bitcoin exchange-traded funds (ETFs), surpassing the $1.7 billion mark, according to ChainCatcher and Crypto Rover. This move highlights […]
Ripple Secures Over 1,700 NDAs from Institutions – Signalling Major Growth
Crypto influencer Amelie (@_Crypto_Barbie) highlighted a significant development in Ripple’s integration with the global financial system. Analysis of legal filings during the SEC case against Ripple reveals that […]
Bank of America Faces Allegations of Reimbursement Denial, Raising Concerns about Consumer Trust
Allegations are mounting that Bank of America is failing to reimburse customers for missing funds. A customer reports a significant sum of $38,000 disappearing from their account, yet […]