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Top The Daily Hodl News

Watchdog accuses Zelle, banking giants of failing to protect users against fraud

JP Morgan · California

Watchdog accuses Zelle, banking giants of failing to protect users against fraud

61% Center coverage: 46 sources

The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the peer-to-peer payment network. The Consumer Financial Protection Bureau (CFPB) alleged Friday that Bank of America, JPMorgan Chase and Wells Fargo were slow to crack down on scammers, did not properly investigate complaints of fraud and failed to…See the Story

Powell says Fed cannot hold bitcoin, not seeking to change that

Bitcoin · United States

Powell says Fed cannot hold bitcoin, not seeking to change that

67% Center coverage: 12 sources

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin. See the Story

Losses from crypto hacks jump to $2.2 billion in 2024, report says

Cryptocurrency · United States

Losses from crypto hacks jump to $2.2 billion in 2024, report says

46% Center coverage: 11 sources

Funds stolen by hacking cryptocurrency platforms surged 21 per cent from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. See the Story

Blindspots

Powell says Fed cannot hold bitcoin, not seeking to change that

Powell says Fed cannot hold bitcoin, not seeking to change that

Powell says Fed cannot hold bitcoin, not seeking to change that

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