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Banking giant JPMorgan Chase says a key catalyst could send the S&P 500 skyrocketing in 2026. In a new interview with CNBC, the bank’s head of global market and strategy Dubravko Lakos says the S&P 500 could surge to 8,000 points if the Federal Reserve continues to loosen monetary policy. “We’re thinking of [8,000 points] more as an upside scenario, and that would be contingent upon the Fed easing more than just one more time, which is part of our base case… If inflation dynamics do come in better than expected or better than feared, I think in that case,…
A bank employee is accused of stealing tens of thousands of dollars from customers’ accounts over a period of less than two months. Hawaii’s Department of the Attorney General says 24-year-old Alohi Kaupu-Grace has been indicted by a Hawaii County grand jury on charges of computer fraud and theft after allegedly draining over $40,000 from customers while working as a teller at the Bank of Hawaii. According to the attorney general, Kaupu-Grace “stole money from residents who were simply trying to conduct financial transactions at their bank” during her period of employment. Per a Hawaii Tribune-Herald report, Kaupu-Grace allegedly committed…
A US bank has agreed to pay hundreds of thousands of dollars to settle a class action lawsuit accusing the lender of failing to properly secure customer data. According to the settlement administrator’s portal, Summit National Bank will set up a $400,000 settlement fund that will be used to pay victims of a data breach that exposed customers’ personally identifying information, including full names, social security numbers, contact information and account numbers. The breach happened when an unauthorized individual accessed a Summit National Bank email account between May 13th and May 16th of 2024. The Bank discovered suspicious activity within…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the last week, Bitcoin recorded waves of significant correction, reaching a price bottom of $85,000 as broader financial markets also tumbled in fear of an impending economic recession. As many are opting to exit their investments, recent on-chain data show that the current tumultuous market presents an ideal accumulation opportunity for risk-seeking Bitcoin investors. Accumulation Zones – Stressful In Real Time, Rewarding Long-Term: Analyst Q4 2025 has largely been an enduring period for most Bitcoin investors. After attaining a new-time high of $126,100 in early October,…
The zkEVM ecosystem spent a year sprinting on latency. Proving time for an Ethereum block collapsed from 16 minutes to 16 seconds, costs dropped 45-fold, and participating zkVMs now prove 99% of mainnet blocks in under 10 seconds on target hardware.The Ethereum Foundation (EF) declared victory on Dec. 18: real-time proving works. The performance bottlenecks are cleared. Now the real work starts, because speed without soundness is a liability, not an asset, and the math under many STARK-based zkEVMs has been quietly breaking for months.In July, the EF set a formal target for “real-time proving” that bundled latency, hardware, energy,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has released new sanctions against Caroline Ellison, the former CEO of Alameda Research, along with Gary Wang and Nishad Singh, former executives of the now-defunct cryptocurrency exchange FTX, as part of a larger case surrounding FTX’s misconduct. SEC Targets Key FTX Figures In Fraud Case On Friday, the regulator announced that it has filed proposed final consent judgments in the US District Court for the Southern District of New York concerning Ellison, Wang, and Singh. The complaints against Ellison and…
On-chain analytics firm Santiment has shared the data about how Bitcoin, Ethereum, and other top coins compare in Total Amount of Holders. Ethereum Beats Bitcoin, Dogecoin, & Others In Total Amount Of Holders In a new post on X, Santiment has talked about where the Total Amount of Holders indicator stands for Bitcoin, Dogecoin, and other coins in the cryptocurrency sector today. This metric measures, as its name suggests, the total number of addresses carrying a non-empty balance on a given network. When the value of this indicator rises, it can be a sign that new investors are joining the…
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