The Federal Reserve Board (FRB) says a US bank employee stole a six-figure sum from a customer. When Brenda Fuson worked as a banker at a Regions Bank branch in Smithville, Tennessee, she stole $327,500 from a customer, says the FRB. From April 2022 to July 2024, Fuson withdrew $323,500 from the customer’s accounts in …
Monthly archives: March 2026
Sensitive Data of 2,697,540 Americans at Risk As Benefits Administrator Hit by Major Data Breach
A Washington-based employee benefits administrator has suffered a security breach and placed the data of 2,697,540 Americans at risk. In a notice of security incident shared with the Office of the Maine Attorney General on March 18th, Navia Benefit Solutions says that it discovered a suspicious activity in its network on January 23rd. After launching …
Morgan Stanley Eyes Dominance in Bitcoin ETFs as Its Low Fee Undercuts Blackrock’s IBIT
Morgan Stanley Undercuts Blackrock With Low-Fee Bitcoin ETF Filing A shift in bitcoin exchange-traded funds (ETFs) pricing is emerging after Morgan Stanley filed Amendment No. 3 to its S-1 registration on March 27, outlining a proposed low-fee structure for a spot bitcoin product. The filing signals a potential inflection point for cost dynamics and competition …
‘Bitcoin’s Very Powerful’: Trump Pushes US Toward Undisputed Crypto Capital and Bitcoin Superpower
Trump Signals Aggressive Push Toward Crypto Leadership A stronger federal push toward digital assets emerged as U.S. President Donald Trump addressed the Future Investment Initiative Summit in Miami on March 27. The remarks emphasized positioning the United States at the center of bitcoin adoption and crypto market expansion. “My administration has also worked tirelessly to …
Stablecoin Market Drops $1.04B This Week as USDC Leads Outflows While USDT Holds 58% Dominance
USDC Sees $1.37B in Outflows as Stablecoin Market Shrinks As of this weekend, defillama.com stats show tether ( USDT) continues to dominate the sector with a market capitalization of $184.068 billion, even after a modest seven-day dip of -0.03%, or just over $56 million in outflows. USDT currently accounts for 58.42% of the stablecoin sector’s …
Binance Pay Reaches 21M+ Merchants Signaling Mainstream Shift in Crypto Payments
Binance Drives Global Crypto Payments as More Than 21M Merchants Join Digital payment adoption is accelerating across global commerce as crypto-based systems expand their reach. Binance CEO Richard Teng posted on X this week that more than 21 million merchants now accept Binance payments, signaling increased real-world usage. The executive wrote: “21M+ merchants already accept …
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Is Bitcoin About to Drop Again? BTC Tests Critical $65.5K Support Level
Price action on bitcoin‘s daily chart reflected a continuation of a broader downtrend that followed a lower high near the $76,000 region. The current zone around $66,000 to $67,000 has emerged as tentative support, but the inability to reclaim higher levels underscores persistent weakness. A break below $65,000 would expose downside toward $62,000, while resistance …
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Google plans to back $5B data center for Anthropic: Report
Google is preparing to support a multibillion-dollar data center project in Texas leased to Anthropic as competition for AI infrastructure accelerates. The project, operated by Nexus Data Centers, could exceed $5 billion in its initial phase, with Google expected to provide construction loans, Financial Times reported on Friday, citing people familiar with the matter. A …
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How AI agents can reshape arbitrage in prediction markets
Prediction markets aggregate human judgment in theory, but some of their consistent trading opportunities may end up captured by systems that move faster than any person can. Arbitrage opportunities can show up as brief mispricings, from outcomes that temporarily fail to sum up to 100%, to short delays in how quickly markets react to new …
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Warren probes China-based Bitmain over US security concerns: Report
Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain how it is handling potential national security risks tied to Chinese crypto mining giant Bitmain, following previous reports that the firm has been under federal scrutiny. In a letter sent Thursday to Commerce Secretary Howard Lutnick, Warren requested documents and communications related to …
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Goldman Calls Bitcoin Bottom, Coinbase Provides Crypto Mortgages, and More – Week In Review
WEEK IN REVIEW VIX Jumps to 27 as $1 Trillion Leaves US Stock Markets on Iran Oil Shock U.S. markets sold off sharply on Thursday as escalating U.S.-Iran tensions sent oil prices higher and pushed investors away from equities, crypto, and even gold… read more Editor’s comment: The “buy the dip” mantra that has worked …
ECB DeFi Governance Study: A16z Is Uniswap’s Top Voter, One-Third of Voters Unidentifiable
Top 100 Holders Control 80% of DeFi Governance Tokens, ECB Study Finds The working paper, ECB Working Paper No. 3208, examined governance data from four protocols, Aave, MakerDAO (now rebranded as Sky), Ampleforth, and Uniswap, across two snapshots in time: November 2022 and May 2023. The protocols were selected for their size and representation of …
Bank Handing $475,000 To Customers and Attorneys After ‘Unauthorized Actor’ Accesses Highly Sensitive Information
A US bank has agreed to pay hundreds of thousands of dollars to compensate its customers after their data fell into the hands of an unauthorized actor. According to the settlement administrator’s portal, the Savannah, Georgia-based lender, First Chatham Bank, will pay $475,000 to end a class action lawsuit filed following a data breach that …
Billionaire Jeffrey Gundlach Issues Stock Market Warning, Says One Commodity Presents ‘Very Good Opportunity’
The founder and CEO of investment management firm DoubleLine Capital, Jeffrey Gundlach, says commodities present a better investment opportunity compared to other sectors. In a new CNBC interview, Gundlach says that based on the Chicago Board Options Exchange’s Volatility Index (VIX), a tool used to measure the level of volatility expected by the stock market, …
Potential Bitcoin crash below $60K may delay recovery to 2027: Data
Bitcoin (BTC) has shed all its March gains, currently down 1.40% on the monthly chart and 24.6% for the first quarter of 2026. Bitcoin’s longer-term performance aligns with a deep drawdown cycle for BTC, which may extend until the end of 2026 and many analysts expect another 40% drop in price. This scenario pushes Bitcoin’s …
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