Cryptocurrencies

“Fake crypto apps have stolen over $42 million from investors in under a year…”

“The FBI says 244 investors in under a year have been scammed out of around $42.7 million through fraudulent mobile applications that claim to be legitimate cryptocurrency investment platforms. According to a new warning from the FBI, cyber criminals are attempting to… Continue Reading…

Cryptocurrencies

“Bitcoin tops $22,000 as crypto market hopes contagion and shakeout is over; ether jumps 10%”

“Bitcoin bounced above $22,000 on Monday, hitting its highest level in more than a month as the cryptocurrency market held out hope that the contagion and shakeout over the past few weeks is nearing its end. The world’s largest cryptocurrency was… Continue Reading…

Economy, Energy

“As Gas Prices Surge, Stations Now Hold Up to $175 of Your Money When You Swipe”

“Higher gasoline prices have led stations to raise the holds they put on cards by as much as 40%, a change that means overdraft risks for some… When drivers insert a credit or debit card at the pump, the gas… Continue Reading…

Cryptocurrencies

“Crypto hedge fund at center of crisis faces risk of default as deadline to repay $670 million nears”

“Three Arrows Capital, a crypto-focused hedge fund, has to meet a deadline on Monday to repay more than $670 million in loans or face default, in a case that could have a ripple effect across the digital asset market. 3AC,… Continue Reading…

Cryptocurrencies

“$100 million worth of crypto has been stolen in another major hack”

“Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist in the world of decentralized finance… It follows a series of notable attacks on other blockchain bridges. The Ronin Network, which supports… Continue Reading…

Cryptocurrencies

“Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing”

“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest stablecoin. Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76… Continue Reading…

Economy, Energy

“California’s gas average tops $6 per gallon as prices across the U.S. surge”

“California’s state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S. The average price at the pump in California hit a record $6.021 per gallon on Tuesday,… Continue Reading…

Personal Finance

“…can’t afford to pay the loan… 57-year-old widow with $67K in student loan debt…”

“… I’m a military wife, and my husband died on active duty, so I’m now a widow. My student loan is sitting at $67,000. I’m 57 and I can’t afford to pay the loan because I’m on a fixed income…” https://www.marketwatch.com/picks/i-cant-afford-to-pay-the-loan-because-im-on-a-fixed-income-im-a-57-year-old-widow-with-67k-in-student-loan-debt-can-you-help-me-get-rid-of-it-01651010285?siteid=yhoof2… Continue Reading…

Banking

“Biggest Treasury Buyer Outside U.S. Quietly Selling Billions”

“…Japanese institutional managers — known for their legendary U.S. debt buying sprees in recent decades — are now fueling the great bond selloff just as the Federal Reserve pares its $9 trillion balance sheet. The latest data from BMO Capital… Continue Reading…

Stocks

“The Top ESG Stock In A Brand New $100 Billion Breakout Industry”

“…Supermarket News reported that: “U.S. organic product sales climbed 12.4% in 2020, breaking the $60 billion mark for the first time and more than doubling the previous year’s growth, according to the Organic Trade Association (OTA).” 1 And according to a survey… Continue Reading…