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Billion-Dollar Bank Prepares for $450,000,000 Fine From US Government for Failing To Effectively Detect, Report, and Respond to Suspicious Activity

Banking giant Toronto Dominion (TD) is preparing to pay nearly half a billion dollars in penalties over an inadequate anti-money laundering (AML) program. In an announcement, TD says it has set aside an initial provision of $450 million to pay the US gove

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24/7 World Crypto News

Cardano Founder Charles Hoskinson Advocates for Crypto’s Social Contract Over CBDC

Cardano blockchain founder Charles Hoskinson spoke against Central Bank Digital Currencies (CBDCs) while explaining the fundamental concept behind crypto. Hoskinson made this statement in a May 11 social media post while expressing his views about the

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Robinhood Crypto Revenue Triples Amid SEC Crackdown 

The popular millennial trading platform released its earnings report on May 8, beating analyst estimates. According to its first-quarter results, Robinhood reported record revenues of $618 million, up 40% year-over-year. Additionally, revenue from cryptoc

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24/7 World Crypto News

Robert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens

Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in the event of the BRICS economic bloc launching a gold-backed cryptocurrency. Kiyosaki predicts a scenario where trillions of U

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Ta-da – The Data Platform for AI

Why you should listen Data is the new oil. Several growth factors are present in the data market, one of them being artificial intelligence, a big consumer of data. By 2032, the data collection market will experience a Compound Annual Growth Rate (CAGR) o

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24/7 World Crypto News

One Altcoin Has $1 Billion Token Unlock in the New Week

The cryptocurrency market will witness a very interesting token lock opening event in the new week. Aevo (AEVO), which was recently launched as Binance's Launchpool project, will experience a token unlock of approximately $1 billion on Wednesday, May

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24/7 World Crypto News

AI News: 5 Potential Updates OpenAI May Announce This Week

The building anticipation in the artificial intelligence (AI) space among enthusiasts will come to a climax as OpenAI unveils its incoming updates. Speculation and predictions have been circulating among users, eager to catch a glimpse and explore what is

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Runes Protocol Slowdown Coincides with Bitcoin On-Chain Activity Slump

Bitcoin (BTC) kicked off the new year with a robust surge, breaching the $70,000 mark and witnessing significant engagement on its blockchain network. However, recent developments indicate a cooling trend in these metrics. Over the past two months, the

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24/7 World Crypto News

Polkadot (DOT) Ecosystem Recap: Here are the Latest Advancements

TL;DR Polkadot has recently improved its network performance, significantly boosting the speed and capacity for processing transactions. In addition to its technical advancements, the protocol is exploring a potential $8.8 million sponsorship deal with t

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Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US

Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent fa

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Bitcoin trades sideways while TON, RNDR, PEPE and AR flash bullish signs

Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.

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24/7 World Crypto News

BofA Announced: “June Will Be a Month to Remember”, Here’s Why

Bank of America (BofA) analysts predicted that June will be an “unforgettable” month with important decisions expected from many central banks. This week has been a week full of surprises from central banks, with the Bank of Sweden (Riksbank)

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