A California man has been sentenced to prison for a nearly decade-long bank fraud scheme that defrauded seven financial institutions of nearly $39 million. Northridge resident Gary Topolewski submitted false commercial loan applications claiming funds would buy industrial earth-moving equipment and provide working capital for his companies, says the U.S. Department of Justice (DOJ). Instead, […]
The post California Man Admits To Orchestrating ‘Ponzi-Like’ Scheme, Draining $39,000,000 From Financial Institutions appeared first on The Daily Hodl.
Goldman's ban on prediction markets for staff highlights growing regulatory scrutiny and potential conflicts of interest in financial institutions.
The post Goldman Sachs bans staff from finance and politics prediction markets appeared first on Crypto Briefing.
The post XRP price rises as SWIFT taps Ripple-linked banks for blockchain payments appeared on BitcoinEthereumNews.com.
XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties. Summary XRP gained around 1.6% after SWIFT launched a blockchain payments pilot involving Ripple-linked banks. Spot XRP ETFs recorded $7.29 million in outflows, the largest daily withdrawal since March 2026. Technical indicators and derivatives data suggest sellers still hold the upper hand despite the rebound. According to SWIFT, the pilot will evaluate whether distributed ledger technology can support international payments across participating financial institutions. Among the banks involved are Standard Chartered and UBS, both of which have existing business ties with Ripple through crypto custody services or cross-border payment infrastructure built on the XRP Ledger. The announcement follows Ripple Treasury’s entry into the S
XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties. According to SWIFT, the pilot will evaluate whether distributed ledger technology can support international payments across participating financial institutions.…
The post Rihanna’s Dance Floor Filler Reaches New Peaks On Multiple Charts appeared on BitcoinEthereumNews.com.
Nearly two decades after it was pushed as a single, Rihanna’s “Don’t Stop the Music” lives on three Billboard charts — and it hits new peaks on all of them this week. LOS ANGELES, CALIFORNIA – OCTOBER 1: In this image released on October 1, Rihanna attends the second press day for Rihanna’s Savage X Fenty Show Vol. 2 presented by Amazon Prime Video at the Los Angeles Convention Center in Los Angeles, California; and broadcast on October 2, 2020. (Photo by Kevin Mazur/Getty Images for Savage X Fenty Show Vol. 2 Presented by Amazon Prime Video) Getty Images for Savage X Fenty Show Vol. 2 Presented by Amazon Prime Video Rihanna has recorded music that can be classified under many different genres throughout her career, but it’s worth remembering that she began her run on the Billboard charts with a dance track. “Pon de Replay” introduced Rihanna to the masses more than 20 years
The post Eco Powers Programmable Cross-Chain Stablecoin Liquidity with TRON Integration appeared on BitcoinEthereumNews.com.
San Francisco, California, July 9, 2026 — Eco, a leading provider of programmable cross-chain stablecoin liquidity, today integrates the TRON network. Through this integration, TRON becomes part of Eco’s unified stablecoin network, allowing users to deposit stablecoins directly into TRON applications in seconds. As one of the world’s leading blockchains for stablecoin payments, TRON processed more than $2 trillion in transfers and supported an $86 billion circulating USDT supply in Q1 2026 alone. By integrating TRON, Eco enables enterprises and developers to embed seamless cross-chain stablecoin flows into their applications, with on-demand liquidity facilitating transfers between TRON and the broader blockchain ecosystem. “TRON’s dominance in global stablecoin settlement makes it an essential infrastructure for digital finance,” said Jay Kurahashi-Sofue, CMO at
San Francisco, California, July 9, 2026 — Eco, a leading provider of programmable cross-chain stablecoin liquidity, today integrates the TRON network. Through this integration, TRON becomes part of Eco’s unified stablecoin network, allowing users to deposit stablecoins directly into TRON applications in seconds. As one of the world’s leading blockchains for stablecoin payments, TRON processed […]
The post Kresus Launches Crypto Inheritance Service For Self-Custody Users appeared on BitcoinEthereumNews.com.
SAN FRANCISCO, CALIFORNIA – Kresus has introduced Kresus Inheritance, a new subscription service that allows self-custody wallet users to create a succession plan for their cryptocurrency holdings without sharing private keys or relying on traditional recovery methods. The feature addresses one of self-custody’s longstanding challenges: ensuring digital assets can be transferred to beneficiaries if the wallet owner dies or becomes permanently inactive. While self-custody gives users complete control over their assets, it has historically offered few built-in solutions for inheritance or estate planning. Existing approaches often require users to expose sensitive information or depend on costly legal processes. Written seed phrases can be discovered, shared private keys can be misused, and traditional estate planning may not provide a practical solution for managing digital as
The post California Man Admits To Orchestrating ‘Ponzi-Like’ Scheme, Draining $39,000,000 From Financial Institutions appeared on BitcoinEthereumNews.com.
California Man Admits To Orchestrating ‘Ponzi-Like’ Scheme, Draining $39,000,000 From Financial Institutions – The Daily Hodl
No Result View All Result Source: https://dailyhodl.com/2026/07/09/california-man-admits-to-orchestrating-ponzi-like-scheme-draining-39000000-from-financial-institutions