Key Takeaways Anchorage Digital’s Atlas CMS separates custody, execution, and credit for the first time in crypto, reducing counterparty risk for institutional traders. Spotex, processing billions in daily FX volume, joins as a launch partner […]
A Pennsylvania-based bank is disclosing a data breach that was caused by artificial intelligence (AI) software. According to a filing with the U.S. Securities and Exchange Commission (SEC), Community Bank experienced a data breach earlier […]
A former JPMorgan Chase employee is staring at a lifetime ban from the banking industry over allegations of stealing thousands of dollars from the trillion-dollar lender’s customers. The Office of the Comptroller of the Currency […]
Wells Fargo will pay more than $100 million dollars to settle a lawsuit over the bank’s hiring and lending practices. The United States District Court in the Northern District of California says Wells Fargo has […]
Hedge fund clients are selling out of semiconductor and equipment stocks even as technology shares climb to record highs, according to Goldman Sachs Prime Services. The semiconductors and related equipment subsector is the most net-sold […]
The U.S. Attorney’s Office for the Southern District of Texas has arrested a bank insider over allegations that he masterminded a large-scale fraud scheme. Acting U.S. Attorney John G.E. Marck accuses Houston resident and local […]
The leader of a multi-state fraud conspiracy that caused victims over $1.5 million in losses may spend up to 30 years in prison without the possibility of parole. The U.S. Attorney’s Office for the Eastern […]
A JPMorgan Chase customer has been swindled out of over $35,000 by scammers posing as the bank’s anti-fraud officials and the FBI. Illinois resident Jennifer Lichthardt says she feels violated after criminals used a spoofing […]
Key Takeaways Banca Sella secures Bank of Italy approval to launch crypto custody services in 2026. MiCA is pushing Italian banks toward regulated crypto and tokenized finance services. Banca Sella joined Qivalis as 37 EU […]
Key Takeaways SoFi Bank launched SoFiUSD on May 27, 2026, making it the first U.S. national bank-issued stablecoin available on a banking app. Nearly 15 million SoFi members can now buy, hold, and convert SoFiUSD […]
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