A billion-dollar bank has agreed to pay $1.5 million to current and former customers affected by a data breach. According to the settlement administrator’s portal, the Florida-based SouthState Bank has agreed to establish a $1.5 million cash fund to reimburse victims of a data breach that occurred on February 7th of 2024. The cybersecurity incident occurred …
Monthly archives: April 2026
Florida Man Drains $234,000 From Bank Customers in California and Nevada, Posing As Fraud Investigator: DOJ
A Florida resident has admitted to stealing tens of thousands of dollars from bank customers across the US by pretending to be a fraud investigator. The US Attorney’s Office for the Southern District of California says Albert Guerra, who is based in Miramar, Florida, has pleaded guilty to running a nationwide bank fraud scheme together with …
Warren Buffett Says Berkshire Hathaway Sold Apple Stock ‘Too Soon’, Signals When Firm Would Buy Again
Legendary investor Warren Buffet says that Berkshire Hathaway abandoned one prime tech stock too early after seeing massive gains, detailing plans on when the firm plans on purchasing the asset again. In a new interview with CNBC Television, the billionaire says that he sold the stock of tech giant Apple (AAPL) too soon, though he …
Polymarket takes down market on missing US pilot after backlash
Polymarket removed a market tied to the fate of a missing US service member after mounting backlash, saying the listing violated its “integrity standards.” The controversy erupted after a prediction market appeared asking whether US authorities would confirm the rescue of a pilot reportedly shot down over Iran, with most users (over 60%) betting that …
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Rich Bitcoin traders lost $337M daily in first quarter of 2026
Bitcoin (BTC) traders holding 100–10,000 BTC realized losses at an average of $337 million per day in Q1 2026, the worst quarter since 2022, according to data from Glassnode. Key takeaways: Bitcoin dropped more than 20% after whales last realized losses at a comparable pace in 2022. Long-term holders are also selling at a loss, …
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Binance ETH Reserve Hits Lowest Level Since 2024 as Stablecoin Balances Surge
TLDR: Binance ETH reserve fell to 3.3M ETH, breaking below both the February and August 2024 historical lows. Bitcoin reserves on Binance declined from 670,000 BTC in early February to 636,000 BTC by early April 2025. USDT reserves on Binance grew from $35 billion on March 12 to $38 billion by April 2, reflecting rising …
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MiCA Decoded: July 1 Is Not the Deadline. For Most Service Providers, It Already Passed
MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. That belief contains a flaw. And the flaw, depending on the …
The Retroactive Decryption Trap: Why Post-Quantum Upgrades Can’t Save Your Past Privacy
Reframing the 10-Year Migration Window The recently released Google whitepaper on the quantum threat has ignited intense debate over the technical justifications that led authors to aggressively pull forward the migration deadline to 2029. While a few critics have dismissed the findings as alarmist, a broad consensus of industry experts suggests that a warning of …
JPMorgan Chase Lending $80,000,000,000 to Small Businesses in ‘American Dream’ Initiative
Banking giant JPMorgan Chase is committing tens of billions of dollars in new lending to small businesses as part of a broader effort to expand access to capital and support economic growth in the US. Chase says its “American Dream” initiative includes plans to deploy $80 billion in financing aimed at helping small businesses grow, …
Tether may delay fundraising if demand falls short at $500B valuation: Report
Tether is pressuring investors to commit to a fundraising round at a $500 billion valuation within the next two weeks, saying that it may delay the raise if demand falls short. The El Salvador-based firm has been seeking fresh capital since late last year but has faced resistance from investors wary of the valuation, The …
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Bitcoin’s ‘no direction’ action may lead to heavier breakout: Analyst
Bitcoin’s prolonged consolidation below $70,000 may be paving the way for a more significant rally, according to a crypto analyst. “The longer it lasts, the heavier the breakout will be,” MN Trading Capital founder Michael van de Poppe said in an X post on Friday. “Bitcoin remains stagnant in this area, which means that there’s …
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Bitcoin ETFs ‘will be larger’ than gold ETFs: Analyst
Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart. “There are just more use cases of why somebody would put a Bitcoin ETF in a portfolio,” Seyffart said on the Coin Stories podcast …
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What Is Hermes Agent? Nous Research’s Self-Improving AI Explained
Nous Research Hermes Agent: Open-Source AI With Built-In Self-Improvement Loop The MIT-licensed framework launched in February 2026 and collected 22,000 GitHub stars and 242 contributors within weeks. That pace reflects a specific appetite in the open-source AI community. People want agents that remember, adapt, and get better without requiring constant manual instruction. Hermes Agent is …
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SEC Warns Fake Officials Exploit Trust With Fraud Tactics Targeting Investors
SEC Warns Investors About Impersonation Scams, Fraud Tactics The U.S. Securities and Exchange Commission (SEC) shared on social media platform X on April 2 an investor alert warning about impersonation scams. The agency cautioned that fraudsters are posing as SEC officials through social media posts and text messages targeting investors. The regulator said: “Investor Alert: …
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Coinbase Clarifies ‘We Are Not Becoming a Bank’ After Receiving Conditional OCC Nod That Hints at Bigger Moves
Coinbase OCC Trust Charter Signals Federal Crypto Oversight Shift Crypto exchange Coinbase (Nasdaq: COIN) said it is not becoming a bank after announcing on April 2 that it received conditional approval from the Office of the Comptroller of the Currency (OCC), clarifying its regulatory direction. The move signals a shift toward federal oversight of crypto …