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Citibank Faces Lawsuit Over Alleged Negligence in $20 Million Crypto Romance Scam
Michael Zidell has filed a lawsuit against Citibank in a Manhattan federal court, accusing the bank of ignoring warning signs that enabled scammers to steal $20 million through a crypto romance scam.
DeFi Planet·2025/06/27 03:48
Polychain Nets $80M From Celestia Staking Rewards Alone
·2025/06/27 03:45

A Fed Leadership Change Is Imminent, Has the Market Already Bet on "Major Easing"?
The market is pricing in unusually accommodative policy during the tenure of the new Federal Reserve Chair, especially in the third quarter of 2026.
BlockBeats·2025/06/27 03:20
Citi UK CEO Warns Crypto Rules May Fuel Shadow Banking
·2025/06/27 02:45

Bitcoin Market Fatigue Grows: Could BTC Price Drop Below $100,000?
·2025/06/27 02:20
Flash
21:55
Facing high oil prices and weak consumer demand, beauty brand e.l.f. Beauty plans to roll back some tariff-driven price increases.The company’s CEO, Tarang Amin, admitted: “In the past few months, as consumers have suffered from high costs, our product sales have declined somewhat more than expected. We will test price reductions on more individual products to truly reshape our value-for-money advantage during this difficult time for consumers.” At the same time as e.l.f. announced its price reduction plan, the company released its fourth-quarter financial report, which exceeded Wall Street expectations in both revenue and profit, but its performance guidance failed to impress the market. (CNBC)
21:51
German energy dominates the market, while the US government's $4 billion oil and gas extraction rights auction hits a record highThis auction's total amount has completely shattered all previous records for onshore government oil and gas auctions. Currently, the Iran war has tightened global supply, further boosting market demand for US crude oil. The previous highest single auction record for government oil and gas extraction rights was set in 2018 at $972 million.
21:43
Bank of America: Hedge funds posted record US stock sales last weekThere has also been a record outflow of funds from hedge funds in technology stocks, mainly concentrated in large-cap stocks, Bank of America strategist Jill Carey Hall wrote in a report dated May 19. Overall, five out of the eleven industry sectors saw outflows, with the communication services and industrial sectors experiencing the largest outflows after the technology sector. Financial stocks recorded the highest inflows, followed by utilities stocks. She noted that institutional clients have bought stocks for the third consecutive week, while private clients turned into buyers again after selling last week.
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