Investors Turn to Bitcoin, Gold, and Swiss Franc Amid US Debt Concerns

As the US national debt surpasses $40 trillion, investors are increasingly viewing Bitcoin, gold, and the Swiss franc as safe havens against currency debasement, according to industry experts.

Read story

Latest

NFTs · 1 month ago NFT Marketplace Founder Accused of Misusing Investor Funds Taj Tarsha, founder of the NFT marketplace Few and Far, faces serious charges for allegedly misappropriating millions raised from investors for personal expenses, including gambling and hobbies, instead of developing the platform. Markets · 1 month ago Oklahoma Attorney General Secures $469 Million Settlement with Sandoz Over Price-Fixing Allegations A coalition of states has reached a $469 million settlement with Sandoz, addressing allegations of price-fixing on generic drugs. Oklahoma's Attorney General emphasizes the importance of maintaining fair market practices. Hacks & Exploits · 1 month ago Louisiana Man Sentenced for Major Bank Fraud and Mail Theft Scheme A Baton Rouge resident has received a four-year prison sentence for leading a bank fraud and mail theft operation that defrauded financial institutions and customers of over $300,000. Hacks & Exploits · 1 month ago Fraudster Secures $250,000 Loan Using Fake IDs in Connecticut A Connecticut couple faces an unexpected lien on their home after a fraudster secured a $250,000 loan using counterfeit documents. The suspect, Katija Hussain, has been arrested and charged with multiple counts of identity theft. Companies · 1 month ago Japanese Authorities Call for Enhanced Withdrawal Restrictions on Crypto Exchanges In response to rising fraud in the cryptocurrency sector, Japan's Financial Services Agency and National Police Agency are urging exchanges to implement stricter withdrawal protocols. These measures aim to protect customers from increasingly sophisti Derivatives · 1 month ago CoinMarketCap Enhances Pro API with Real-World Asset Data CoinMarketCap has unveiled seven new real-world asset endpoints in its Pro API, enabling developers to access data on tokenized traditional financial instruments, including equities and commodities. Compliance · 1 month ago Charges Filed Against Five Leaders of Cartel-Linked Fraud Scheme Targeting Seniors The U.S. Justice Department has charged five individuals linked to a fraud scheme orchestrated by the Jalisco New Generation Cartel, which defrauded over 6,000 Americans, primarily seniors, out of more than $400 million through fake timeshare investm Hacks & Exploits · 1 month ago Former Postal Inspector Charged in $340,000 Theft from Elderly Victims A former U.S. postal inspector has been charged with stealing over $340,000 from elderly victims of lottery fraud schemes. Scott Kelley exploited his position to pilfer cash from packages intended for vulnerable individuals. Custody · 1 month ago Carbon Unveils TradFi-Centric On-Chain Derivatives Platform Carbon has launched a new on-chain derivatives venue that integrates over 950 markets, combining traditional finance assets with cryptocurrency trading. This platform promises deep liquidity and self-custody for traders. Hacks & Exploits · 1 month ago Flagstar Bank Settles Data Breach Class Action for $31.5 Million Flagstar Bank has proposed a $31.5 million settlement to resolve claims from two cyberattacks that compromised data of 2.19 million customers. Affected individuals can claim reimbursement for losses and receive credit monitoring services. Compliance · 1 month ago OpenAI Settles Hiring Discrimination Allegations for $3.2 Million OpenAI has agreed to pay $3.2 million to settle claims of discrimination against U.S. workers in favor of temporary visa holders during recruitment. The settlement includes penalties and mandates changes to hiring practices. Compliance · 1 month ago Skilux: From Esports to Digital Fine Art Belgian artist Skilux transitions from esports design to digital art, capturing human emotions through black-and-white visuals. His journey highlights significant milestones in the web3 space.