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OKX Leverages Chainalysis Alterya To Proactively Prevent Fraudulent Activities


Cryptocurrency exchange OKX has deepened its collaboration with blockchain analytics firm Chainalysis. The partnership now incorporates Chainalysis’s advanced AI tool, Alterya, designed to intercept fraudulent activities at their source. This initiative allows OKX to halt suspicious transfers to identified scam addresses right before they occur, marking a proactive stance against financial crimes in digital assets.

Alterya represents a solution in fraud prevention, effectively leveraging artificial intelligence to spot emerging scam networks across the internet.

By linking various indicators to specific financial elements like cryptocurrency wallets and traditional bank accounts, it enables instantaneous blocking of risky transactions.

Unlike reactive measures that address issues after the fact, Alterya emphasizes risks on the receiving end, including the identification of money mules involved in authorized push payment (APP) scams.

It merges with Chainalysis’s Know Your Transaction (KYT) system for thorough pre-withdrawal checks, offering detailed alerts supported by evidence such as captured domain images and reconstructed conversation logs.

Additional features like webhooks and intuitive dashboards make it suitable for handling large-scale operations.

This adoption builds upon OKX’s prior integration of Chainalysis tools for regulatory compliance and aiding law enforcement.

Together, the companies have supported notable efforts, such as assisting the U.S. Department of Justice in reclaiming stolen cryptocurrencies and helping Asia-Pacific authorities freeze approximately $50 million in USDT tied to fraudulent schemes.

Alterya’s scope is significant, overseeing more than $23 billion in monthly transactions and safeguarding hundreds of millions of users in both crypto and traditional payment systems.

The benefits for OKX are said to be multifaceted.

By curbing APP fraud, the platform anticipates substantial reductions in monetary losses, fewer user complaints, and improved customer loyalty.

Reports from other major exchanges using similar Chainalysis technologies indicate fraud drops of up to 60 percent.

In the broader context, scams remain a persistent threat in crypto.

Chainalysis data reveals that fraudsters siphoned off $17 billion in digital assets in 2025 alone, with AI-assisted tactics—like voice deepfakes and impersonation schemes—proving 4.5 times more lucrative than conventional methods.

Over the last year, Alterya has thwarted over $300 million in potential damages, underscoring its effectiveness.

Haider Rafique, OKX’s Global Managing Partner, emphasized the industry’s duty:

“We must create secure environments for digital asset ownership and trading. This involves strengthening defenses to prevent scams from leaving our system. Crypto’s unregulated era is behind us; we’re fostering trust, openness, and user empowerment on a massive scale.”  

Jonathan Levin, Chainalysis’s Co-Founder and CEO, added:

“A top exchange embracing Alterya shows that after-the-fact fixes fall short. True protection comes from stopping scams upfront—it’s ethical and strategically smart. OKX is setting a new standard for the sector.”  

This development signals a pivotal shift in cryptocurrency toward preventive strategies, enhancing overall trust and transparency.

As scams evolve with technology, tools like Alterya could become essential, potentially inspiring widespread adoption and minimizing harms to consumers.

By prioritizing user safety, OKX not only protects its user-base but also elevates benchmarks for the web3 industry, paving the way for a more resilient digital economy.



Tariff ruling could hamstring unilateral release of GSEs


Even if he was so-inclined to do so, President Trump might not be able to unilaterally release the government-sponsored enterprises from conservatorship because of the U.S. Supreme Court tariff ruling, a BTIG analyst report postulates.

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Since Feb. 13, with the exception of Feb.18, mortgage rates have been under 6%, reaching 5.9% on Feb. 27, the Optimal Blue website said. This is the last date Optimal Blue publicizes data for.

But the attack on Iran has driven the 10-year Treasury higher by 9 basis points ending March 2 trading at 4.05%.

“On Friday, we saw US Treasury yields drop to multi-month lows on the prospects of the Iran situation breaking out,” Louis Navellier, an investment banker, said in a commentary on Monday. “Today, it’s moving back the other way on the inflation threat of the much higher energy prices.”

What happened with mortgage rates and GSE stock prices

Lender Price data listed on the National Mortgage News website on Monday morning had the 30-year FRM at the 6.04% mark at 11 a.m. Three hours later, it was up to 6.12%.

Freddie Mac closed on March 2 at $6.27, similar with levels seen nearly a year ago. Meanwhile Fannie Mae was at $7.11 per share, a point last seen in May 2025. Hagen’s report came out before the market opened Monday morning.

“Stock valuations for the GSEs have almost fully retraced to their 52-week low seen just shortly after Trump assumed office, and the stocks are down 40% since the MBS directive was announced,” Hagen said. “Speculation surrounding recap and release steadily gained momentum last year after Trump onboarded Bessent and Pulte, which culminated in a 52-week high of $14/share in September.”

Accounts on X have been consistently imploring the Administration to at least follow Bill Ackman’s suggestion to uplist the two companies to the New York Stock Exchange.

Can the GSEs be released soon

Hagen says the consensus (without identifying where the consensus comes from) is a near-term release is “more remote, we think mainly on the belief that Trump could desire even more control around mortgage rates, which could weaken the earnings trajectory and attractiveness of the stocks in a relisting scenario.

“Plus, we think the recent SCOTUS ruling to strike down tariffs frames the limits to the President’s unilateral powers, which admittedly trims some of our own optimism that a release from conservatorship can be accomplished seamlessly.”

The 6-3 ruling by the Supreme Court said the president cannot act unilaterally under the International Emergency Economic Powers Act. Whether this could apply to other actions is an open question.

At a recent House subcommittee hearing regarding the secondary market, Rep. Scott Fitzgerald, R-Wisconsin said he was working on a bill which would start the process of releasing the GSEs using the utility model. Earlier in the hearing, Rep. French Hill, R-Arkansas, pushed back on the idea of an initial public offering happening soon.

“So before anybody could consider maybe doing something and raising money from the public, aren’t there some other decisions that we have to take into account?” Hill asked industry panelists at the hearing. “Like, wouldn’t the Treasury Department have to make a concrete decision about how much money they’re still owed from the financial crisis or not owed?”

Has the effect from the MBS purchase directive worn off?

The directive to purchase $200 billion in mortgage-backed securities was effective in reducing mortgage rates, although even if the actual number of purchases were initially somewhat lower than expected, Hagen said.

Fannie Mae added $8.5 billion of agency MBS and Freddie Mac, $4 billion, to their respective retained portfolios following Pres. Trump’s Jan. 8 directive, Hagen noted. Data shows both companies’ retained portfolios ended January at multiyear highs.

The impact of those purchases first affects lenders in the mortgage-to-Treasury/SOFR spread, said Mike Vough, Optimal Blue’s senior vice president of corporate strategy.

“As current coupon spreads compress, we typically see it translate into sharper borrower pricing and more predictable hedge performance, even if it’s not a perfect one-for-one move.” Vough said, noting those contracted by 12.5 basis points immediately after the President made his announcement.

“As broader macroeconomic factors took center stage, however, spreads widened 7.5 to 10 basis points, suggesting the impact was more fleeting alongside Treasury movement,” Vough said. “Even so, spreads remain well above the ultra-wide levels of 2024, so disciplined execution and risk management still matter. In a market where policy can influence spreads, lenders need pricing, hedging and analytics working in lockstep.”

Another benefit of the spreads initially tightening was that it brought banks into the marketplace both as purchasers of MBS as well as mortgage loans, said John Toohig, managing director at Raymond James and head of its whole loan trading group.

“For depositories, it’s not a shunned asset anymore,” he said, especially as the market moves further away from the 2021-2022 lending environment. The reasons are independent from recent talk by Federal Reserve Vice Chair for Supervision Michelle Bowman about changes to the Basel III framework.

“They had a duration and a concentration risk issue with the asset for a while,” Toohig said. “Now that we have more current coupons and they’re able to originate loans at much higher yields, it’s an asset that they’re more comfortable with.”

The gain in adjustable rate mortgage market share, another product primarily done by depositories, also has contributed, he continued.

What might move a release of the GSEs is the upcoming mid-term elections. Those typically go against the party in power, and as long as the ducks are in a row with the White House and Congress in Republican control, ending the conservatorships are a possibility.

After both Fannie Mae and Freddie Mac reported their fourth quarter earnings, Keefe Bruyette & Woods analyst Bose George put out separate reports which both came to the same conclusion.

“Given our view that either the status quo of conservatorship will persist or a meaningful dilution of the common shares is likely to occur if GSE privatization does get over the finish line, we remain underperform on both Fannie Mae and Freddie Mac,” George said.



5 Unlikely Inventions That Made Millions for Savvy Americans


Generating meaningful supplemental income does not always require a high-tech lab, an advanced degree, or a massive upfront investment.

Many successful American inventors built profitable businesses by solving minor annoyances or simply creating a product that captured the public’s imagination. They took ordinary materials, applied a twist of creativity, and turned small initial bets into real income.

1. Pet rocks

In the mid-1970s, freelance copywriter Gary Dahl listened to his friends complain about the endless chores of pet ownership. He joked that the perfect pet would be a rock. It required no food, no grooming, and no early morning walks.

Instead of letting the joke die at the bar, Dahl treated it like a serious product launch. He purchased smooth stones from a builder’s supply store for pennies apiece. He then designed custom cardboard carriers with air holes and wrote a highly detailed, satirical training manual instructing owners on how to teach their stones to sit and stay.

Dahl sold the rocks for a few dollars each. Within months, he moved millions of units. The novelty was not the stone itself, but the clever packaging and the shared social experience. Dahl recognized that consumers were willing to pay for a laugh. By the time the fad faded a year later, the brief surge in sales likely set him up comfortably for years to come.

2. Canine goggles

Roni Di Lullo was playing fetch with her border collie in 1997 when she noticed the dog constantly missing the toy. The late afternoon sun was blinding him. She wondered why her dog could not wear protective eyewear just like she did.

She experimented with sports goggles and human sunglasses before designing a custom pair specifically shaped to accommodate a canine head and snout. Di Lullo invested her own savings into a computer-aided design program and manufactured the first batch of specialized goggles.

What started as a quirky side project to help her pet quickly gained commercial traction. The company expanded into a global brand, generating millions in sales as pet owners realized the practical benefits of protecting their dogs’ eyes from ultraviolet light, debris, and wind. The U.S. military even deployed the eyewear to protect working dogs during harsh desert operations.

3. Slap bracelets

A high school shop teacher named Stuart Anders was playing with a piece of steel ribbon in his father’s workshop in 1983. He noticed that the flexible metal coiled around his wrist abruptly when tapped.

Anders covered the sharp steel with colorful, patterned fabric, creating a wearable accessory. Initially, major toy companies rejected the concept. They viewed it as a cheap trinket with low profit margins that lacked long-term play value. Anders persisted, eventually partnering with a smaller toy manufacturer willing to take a risk.

The bracelets debuted at a New York toy fair and became an immediate sensation. Retailers placed massive orders, and the flexible bands dominated schoolyards across the country. The fad generated millions of dollars before competitors flooded the market with cheaper, unauthorized imitations.

4. Plastic wishbones

Thanksgiving dinner often ends with a minor dispute over who gets to snap the turkey’s wishbone. In 1999, Seattle resident Ken Ahroni decided everyone at the table deserved a chance to make a wish, regardless of how many birds were cooked.

Ahroni spent years developing a synthetic wishbone that looked realistic, snapped unpredictably, and sounded just like the real thing. He launched his company and began manufacturing the plastic bones in a local factory, ensuring strict quality control over his invention.

The concept sounded ludicrous to critics, but party stores and major retailers quickly stocked the item. Ahroni built a profitable niche business, selling millions of wishbones globally.

He later successfully defended his patent in federal court against a major corporate retailer, securing a $1.7 million judgment and proving the value of his unique intellectual property.

5. Silicone bands

Robert Croak attended a trade show in China and noticed a vendor handing out poorly shaped silicone bands. He brought the samples back to his Ohio office and pitched a new idea: Refine the shapes, market them as collectible bracelets for children, and sell them in themed packs.

His team was highly skeptical, but Croak moved forward with manufacturing. The initial rollout was intentionally slow. He focused on direct-to-consumer online sales and targeted smaller local retailers rather than fighting for shelf space in national big-box stores right away.

The strategy worked, resulting in Silly Bandz. The colorful silicone bands came in hundreds of shapes that became popular with kids. At the peak of the craze, Croak’s company scaled from a dozen employees to hundreds to keep up with demand. Silly Bandz drove hundreds of millions of dollars in retail sales.

Small bets, big returns

These quirky success stories offer practical lessons about generating income that go beyond just getting lucky. The most successful creators start with relatively low-cost prototypes and test their ideas before committing to expensive manufacturing.

Protecting your intellectual property is equally critical. Securing a patent ensures that even a simple novelty item holds its financial value, protecting your profits from inevitable copycats.

Finally, it helps to recognize the reality of market trends. Fads often fade quickly, but a well-timed product can generate meaningful revenue in a short period if you strike when demand is high. These stories show that income opportunities do not always come from complex businesses. Sometimes they come from recognizing a niche and acting quickly.

If you don’t think you’re the creative type, let someone else do the heavy lifting. Get some advice from a pro if you have over $100,000 in savings. SmartAsset offers a free service that matches you to a vetted, fiduciary advisor in less than five minutes.

The Biggest Lie About Traffic That Everyone Still Believes



It’s a serious mistake to overplay the economic claims.

BEST Stocks in 2026 : Portfolio Strategy for Indian Investors | Sandeep Jain | FWS 83



If you need help with your finances, fill out this short form:

This podcast is a deep dive into how India is transforming, financially, structurally, and in ways most people don’t notice until someone explains it simply. That “someone” in this episode is @SandeepJainStocks, Co-founder of Tradeswift Broking Pvt. Ltd., and a name you’ve probably seen on Zee Business or CNBC Awaaz breaking down markets with calm, practical clarity.

As the conversation unfolds, Sandeep’s background naturally shows through. With 15+ years in equity, commodity and currency markets, plus his work across industry bodies like REMA and CPAI, he brings a front-row view of how India’s financial systems actually behave, beyond headlines, beyond hype. His experience conducting investor education programs across the country also means he explains things in a way everyone can understand.

Inside the episode, we explore why medical tourism in India is exploding, how treatment here can cost a fraction of US prices, and what that signals about India’s rise.

We get into the truth about PMS and exotic financial products, why they rarely serve retail investors, and why simple long-term investing consistently outperforms market chasing. Sandeep breaks down how India may consolidate into just a handful of major banks, which sectors are quietly compounding wealth, and why midcaps have outperformed dramatically over the past decade.

By the end, this isn’t just a finance conversation. It becomes a blueprint of how India is evolving and how regular people can position themselves without overthinking or relying on noise. If you’ve ever wondered where India’s real opportunities lie, or how to actually build wealth in a calm, disciplined way, this episode is packed with clarity.

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Sharan Hegde:
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Sharan Hegde is a personal finance creator & founder of the 1% Club, simplifying money, markets, and mindset for India’s next generation of wealth builders.

Timeline:
00:00 What This Episode Is About
01:06 Meet Today’s Guest: Sandeep Jain
02:23 Ideal Asset Allocation for Ages 20–40
08:08 Sandeep’s PMS Fund gave 28% Returns?!
09:01 Can PMS Actually Beat Mutual Funds?
12:26 How to Think About Investing (Sandeep’s Approach)
14:57 Sectors That Could Win Big by 2026
23:15 GST Cuts & Their Impact on Consumption
25:37 Grow IPO: What Investors Should Know
26:37 Other Sectors Offering Better Returns
28:38 Can Banking Stocks Still Deliver High Returns?
35:21 Auto Sector: Opportunity or Overhyped?
39:15 Will Jio IPO Become a Cult Stock?
40:50 Sandeep’s Stock & Real Estate Investments
43:41 Sandeep’s Formula for Building Wealth
45:50 Will 2026 Be a Bull Market?
47:42 When Is the Right Time to Buy a House?

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Higher Yield or Tax-Free Income? Deciding Between IGIB and MUB


The iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) carries a marginally lower cost and higher yield than the iShares National Muni Bond ETF (NYSEMKT:MUB), but comes with greater risk and a different bond mix.

MUB and IGIB both offer diversified fixed income exposure, but their portfolios differ.MUB holds U.S. municipal bonds, often appealing to those seeking potential tax advantages, while IGIB targets intermediate-term investment-grade corporate bonds. This comparison breaks down cost, returns, risk, and portfolio construction to help investors gauge which approach may better fit their needs.

Snapshot (cost & size)

Metric MUB IGIB
Issuer IShares IShares
Expense ratio 0.05% 0.04%
1-yr return (as of Feb. 27, 2026) 1.4% 3.8%
Dividend yield 3.1% 4.6%
Beta 0.91 1.06
AUM $42.5 billion $17.82 billion

Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months.

IGIB is slightly more affordable with a 0.04% expense ratio compared to MUB’s 0.05%, and also offers a higher yield, which may appeal to those seeking more income from their bond allocation.

Performance & risk comparison

Metric MUB IGIB
Max drawdown (5 y) -11.88% -20.63%
Growth of $1,000 over 5 years $944 $905

What’s inside

IGIB holds over 3,000 U.S. investment-grade corporate bonds with maturities between five and ten years, offering broad exposure to high-quality companies across sectors. Its largest stakes, such as Meta Platforms Inc 11/15/2035 and two Bank Of America Corp Mtn issues, are each less than 0.3% of assets, helping to reduce single-issuer risk. The fund has been operating for over 19 years, and its focus on corporates means credit risk is a primary driver of returns, with no exposure to municipal bonds or their potential tax benefits.

MUB, on the other hand, invests in more than 6,200 tax-exempt municipal bonds, including securities like Blackrock Liq Municash Cl Ins Mmf and long-dated issues from the University of Texas and the State of Connecticut. This municipal focus can make MUB attractive to those seeking federally tax-free income, while its risk profile tends to be lower than that of a corporate bond fund like IGIB.

For more guidance on ETF investing, check out the full guide at this link.

What this means for investors

Bond investors comparing municipal and corporate funds may see similar yields, yet they face different income and tax questions. One focuses on stated income, the other on after-tax income and how it changes with economic conditions. This is the practical distinction between the iShares 5–10 Year Investment Grade Corporate Bond ETF and the iShares National Muni Bond ETF.

IGIB is linked to corporate credit markets. Its higher yield compensates for lending to companies, and its results depend on company financial health and interest rates. MUB is connected to municipal issuers and generally provides income exempt from federal taxes. This tax benefit is valuable in taxable accounts, where after-tax income can reduce or close the yield gap. The risks differ: corporate bonds react more to economic slowdowns, while municipal bonds are affected by government finances and tax needs.

For investors, the main question is not which yield is higher right now, but which type of investment fits best in a taxable portfolio. IGIB offers corporate income tied to business performance and intermediate credit exposure. MUB offers federally tax-exempt income shaped by municipal credit and tax policy. The appropriate allocation will depend on whether higher nominal income or tax efficiency better supports your overall portfolio objectives.

Niche Platforms Beyond Airbnb That You May Not Have Heard Of


Most people think short-term rentals begin and end with Airbnb. Maybe Airbnb and VRBO, if they’re feeling advanced. But some of the most profitable hosts I know don’t rely on Airbnb at all.

Entire travel platforms are quietly doing millions in bookings every year without ever trying to compete head-on with Airbnb. No splashy headlines or creator hype—just consistent demand and serious revenue.

This article is about what exists beyond Airbnb. Because if Airbnb disappeared tomorrow, most hosts would be in trouble. The smartest ones are steps ahead of this. 

Why Airbnb’s Dominance Is Also Your Most Significant Risk

There’s no denying it: Airbnb is the largest distribution engine in short-term rentals. But when one platform controls most of your bookings, you don’t actually own demand. You’re renting it. 

Here are some risk factors:

  • Algorithm changes
  • Account issues
  • Fee increases
  • Market saturation

Most struggling hosts don’t have a decor or pricing problem. They have a distribution problem. Hotels figured this out decades ago. They don’t rely on one channel—they stack them.

That same shift is underway across STRs, cabins, glamping, and outdoor hospitality. The operators who survive long term are the ones who stop treating Airbnb as a business and start treating it as one channel.

The Great Backups

Before getting niche, let’s cover the platforms everyone knows, but most hosts still fail to leverage fully.

Booking.com

Booking.com has a massive international reach and incredible Google visibility. It performs exceptionally well for urban STRs and global travelers who never open Airbnb.

Expedia Group

This isn’t just one website. The listings here meet demand from Expedia, Hotels.com, Orbitz, Travelocity, and more. You’re tapping into a hotel-first audience that often never even considers Airbnb.

Google Vacation Rentals

Still wildly underrated. These guests are actively searching destinations, not scrolling listings. If you’re only on Airbnb, you’re invisible to a massive chunk of high-intent demand. You may need to sign up for property management software to be listed here.

Niche Platforms Quietly Printing Money

Now let’s discuss the platforms most hosts genuinely don’t know exist. This is where intent beats volume.

Whimstay

Whimstay focuses entirely on last-minute travelers. It’s perfect for filling orphan nights and short gaps in your calendar. Everything here is incremental revenue you wouldn’t have captured otherwise.

WeChalet

This site is design-forward and curated. It’s lower volume, but higher-quality guests, and performs exceptionally well on cabins, boutique homes, and properties with strong aesthetic appeal.

Plum Guide

One of the most selective platforms in the industry. They reject the majority of listings, but if you’re accepted, you gain access to higher-budget travelers who trust the curation and book with confidence.

Glamping Hub

This is one of the largest glamping marketplaces in the world and includes domes, tents, cabins, mirror houses, and treehouses. Guests come here specifically seeking unique stays and are willing to pay premium rates.

Hipcamp

Think Airbnb for land-based stays, such as camping, RVs, glamping, and farm stays. The audience is massive and especially powerful for hybrid properties that blend lodging and outdoor experiences.

BringFido

Pet-friendly isn’t just a checkbox. It’s a niche with loyal, high-value guests. This is the go-to platform for pet parents. These guests often travel, stay longer, and book faster when they know their dog is genuinely welcome.

VacayMyWay

Built around transparent pricing and lower fees, this up-and-coming platform could make waves soon.

Mid-Term, Corporate, and Quiet Cash Flow Platforms

Furnished Finder

This site is designed for traveling nurses, corporate stays, and insurance placements, which means longer stays, less turnover, and more stability. This platform alone has stabilized thousands of STR portfolios.

Corporate housing networks

Think consultants, construction crews, and project-based workers. Lower nightly rates, but much higher occupancy and predictable demand.

Insurance and displacement housing

It’s not glamorous, but extremely consistent. This strategy is how many hosts sleep better at night during slow seasons.

TikTok/Instagram

This still surprises people. TikTok is no longer just marketing. It’s search, discovery, and booking intent. People actively search for phrases such as “cool cabins near me,” “glamping Texas,” and “romantic weekend getaway.” One good video can outperform months of algorithm chasing.

Instagram and YouTube function similarly. They’re top-of-funnel OTAs now. The difference is, you own the audience.

Final Thoughts

Distribution is a strategy, not chaos.

The biggest hosts aren’t winning because their properties are nicer. It’s because their bookings don’t rely on a single app. If you want consistency, leverage, and a business that survives algorithm changes, distribution must be part of your strategy.

Chase Offer for IHG Cards: Get 20% Back on Gas Purchase, Max $6 Credit


Chase Offer for Gas Purchase

Chase is targeting some cardholders with a new offer that can save you 20% on your next gas purchase. This offer for IHG cardmembers only, so check your IHG credit card accounts now if you are interested and save the offer. Let’s go over the details below.

Offer Details

  • Get 20% cash back on any purchase at a gas station, with a $6 cash back maximum.
  • Offer available for IHG One Rewards Cardmembers only.
  • Offer expires 3/31/2026.
  • Find Chase Offers here.

Important Terms

  • Purchase must be made directly with the merchant, not through a third party or delivery service.
  • Offer valid one time only.
  • Merchants who accept Visa/Mastercard credit cards are assigned a merchant code, which is determined by the merchant or its processor in accordance with Visa/Mastercard procedures based on the kinds of products and services they primarily sell. 
  • Merchants that do not specialize in selling automotive gasoline are not included in this category, for example, truck stops, boat marinas, oil and propane distributors, and home heating companies.

About Chase Offers

Chase Offers are available on Chase credit cards and debit cards. With these offers, you usually get cashback when you use your eligible Chase card to shop at a participating store. You can see your offers in the Chase app or in your account online. Here are a few things worth noting about these offers:

  • You can add the same offer to multiple cards, and you will receive multiple credits. The Savewise app helps you add and manage these offers.
  • Chase Offers could be targeted to certain accounts, so not every offer will be available for everyone.
  • Credits will appear in your account in 7-14 business days.
  • Usually the same offers will also show up for US Bank, Bank of America, Wells Fargo, Regions Bank, Suntrust Bank, BBVA, BB&T, PNC, Columbia Bank and Beneficial Bank customers.

Guru’s Wrap-up

A nice offer for gas savings. You get 20% back, but limited to just $6 in cash back. You can maximize it with a $30 purchase.

You can find more Chase Offers here.

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Social media companies are fighting the ‘age verification trap’



A facial scan on Instagram, a video selfie on TikTok, a thumbprint passcode on YouTube, and a ID upload on Facebook. It’s not the scene yet, but collecting our biometrics to post an AI slop meme will just become the norm as Big Social goes through its Big Tobacco moment. 

The digital landscape is undergoing a massive upheaval in the wake of social media addiction lawsuits and a frantic regulatory scramble for age verification. As social media platforms face a landmark legal reckoning over the “dopamine reaction” and addictive design choices that harm children, a fundamental technical and ethical crisis has emerged. Countries like Australia are enforcing social media bans for people under age 16, while Meta is currently on trial for claims of intentionally creating an addictive environment for children on their platforms. 

In the race to verify a user’s age—the primary tool companies have implemented to curb childhood addiction— these social media platforms have unveiled a paradox commonly referred to as the “age-verification trap.” Simply, by attempting to enforce age verification rules on its users, these companies are undermining the data privacy of those very users. 

Big Social has its Big Tobacco moment 

Companies like Meta and TikTok are facing federal and state trials that compare their platforms and business models to those of tobacco and opioid markets, alleging the companies directly and deliberately manipulate how the platforms are designed to promote user addiction. Meta CEO Mark Zuckerberg recently testified that scientific studies have not proven the link between social media and mental health harms, but experts argue otherwise, saying social media addiction is driven by the very engineering algorithms intended to keep a user online.

“These companies aren’t held to a certain standard” that would stop children from accessing their platforms—not least of all, something these companies “benefit from with kids on their platform. More people, more ads,” said Dr. Debra Boeldt, a clinical psychologist and AI scientist at the family social media company Aura. Boeldt, who leads clinical research at Aura—a company that uses AI to keep tabs on children’s online habits and keep adults’ privacy safe—said children are particularly susceptible to current social media design because their executive function and impulse control are still developing.

For kids, social media platforms aren’t just apps, but also their primary source of social connection, noting her research showing one in five children age 13 and under spend four hours or more on social media a day, and with that comes higher levels of stress, anxiety, and depression. Children are savvy, Boeldt said, and so if they are banned from one platform, it’s a game of “whack-a-mole” where they just move from one to the next. 

“Kids are super savvy, and so they’ll get around things,” Boeldt told Fortune. “They know how to fly under the radar.”

As social media companies seek to remove underage users from its platforms, or enlist the help of AI to search for censored content, the companies will have a hard time ensuring they can accurately remove access to anyone that is under a certain age (Boeldt even referenced platforms like Instagram and TikTok that monitor language and how children have already found loopholes, using “PDF files” or “unaliving,” and creating new vocabulary that renders those censors useless: Children are savvy, after all).

Still, she cautioned, the adverse effect is even worse, in which only a few users are banned from a social media site instead of the whole. If social media platforms barely make inroads in banning underage users but remove access for a select few at a time, that creates an “island effect” where, unless a ban is universal, a child cut off from social media is isolated while their friends continue to connect online.

The regulation is barely keeping up with the use

Forget the current lawsuits acting as a litmus test for social media design rules: Current regulation is barely keeping up with how kids are using social media—and the tools that social media companies are using fail to keep users’ privacy safe. In recent months, platforms employing third-party verification software have seen their users’ data hacked and exposed, have had to announce and renounce AI-powered censors, and are fighting against poor public sentiment from an increasingly dissatisfied user base.

This is complicated by growing measures of regulation from countries around the world. Australia passed landmark legislation in 2024 banning minors under 16 from having accounts on social media platforms like Facebook, TikTok and YouTube. Domestically, 32 states have introduced age-verification legislation, and that is only intensified in externalities that are yet to be seen after the Federal Trade Commission announced last week it would exercise “enforcement discretion” regarding the Children’s Online Privacy Protection Rule (COPPA). This would allow social media companies to collect children’s data without parental consent—but solely for age verification purposes. 

However, this fails to solve the paradoxical issue of adequately collecting data on children and users while also not infringing on users’ privacy rights. The issue becomes intensified when you begin looking into the users on these platforms.

“Humans are now the minority on the internet; we’ve seen bot to human traffic increase 50 times year over year,” said Johnny Ayers, the CEO of Socure, an AI-powered identity verification software company. Ayers told Fortune that thanks to bots, the use of deepfakes has increased nearly 8,000% year over year—rendering plenty of the verification software in the market useless. Instead, one of the digital checks his company employs includes using each cell phone’s gimbal to see if a human is indeed holding the phone when going through identity verification.

Evin McMullen, whose company Billions Network is used for anti-money laundering and Know Your Customer methods, says collecting biometrics is one way platforms confirm your identity, because you can’t change what those say about you.

“It sounds kind of cheeky, but the idea that you can’t rotate your thumbs, meaning that you can’t change the password or manage the security easily in the same ways,” McMullen told Fortune. “Identities that are based on your biometrics really is about prioritizing ease of use and security around your most vital data,” she said, adding that the current password manager model is “untenable and no longer secure.”

But the problems arise with children and privacy, again something to be revisited now in light of the FTC’s ruling on COPPA.

“You can’t collect biometrics on a kid,” Ayers told Fortune. “And so how do you verify someone is 13 without verifying, without collecting a thing, that they’re 13?”

The tools are no longer useful

One way to do so is to collect zero-knowledge proofs (ZKP) that determine a party to verify the veracity of a statement, and therefore, the identity of that person. McMullen, whose clients in the financial industry are looking into non-invasive means of identity verification, is a major advocate for ZKPs, adding they’re particularly helpful in establishing trust between parties.

ZKPs is a method that allows a person—looking to verify themselves—to answer statements in a manner that establishes trust to the verifying party without unveiling personal or secret information. Take, for example, the problem of 4+4=8. This is something the person looking to be verified knows to be true, but the ZKP method relies on trust. Instead of asking is 4+4=8, the verifier asks a series of questions to determine if the person wanting to verified is telling the truth (or in this case, knows that to be true). The verifier can ask is 4+4=7; is the sum of 4+4 an even number, and so on and so forth, and after the series of questions, it can determine the veracity of the person’s claims, thereby identifying them.

This isn’t a common method to prove identity. So far, social media companies have enlisted a number of technologies to verify people’s ages, including using identity-based verification like asking users to upload government-issued IDs; using AI to scan a user’s face; tracking a user’s activity to determine a person’s age; and enlisting parental supervision tools like Instagram, which introduced “Teen Accounts” to alert parents of any harmful online habits.

At the heart of the issue is there is fundamentally no tool that can verify a user’s age without inherently violating a user’s privacy. Any accurate models require extremely invasive measures like biometrics or government IDs—and the IDs are something that even social media companies are hesitant to request because of the ID gap in which 15 million Americans lack any identification, an issue that disproportionally affects Black and Hispanic adults, immigrants, and those with disabilities.

Using AI to scan people’s faces does little to solve for the issue, as experts have found these AI models are less accurate for minority groups and often misclassify adults as minors, while AI itself is unable to discern a synthetic voice or deepfake from a real human. Children, who again are savvy, will also frequently bypass any geographically-based bans using VPNs, like in Florida when VPN usage went up 1,150% after the state banned Pornhub. And least of all, there are major security risks that come with storing identity documents, like a recent breach of Discord’s third-party vendor 5CA that left over 70,000 government IDs exposed online.  

Ultimately, the “age verification trap” is what happens when regulators treat age enforcement as mandatory and delineate privacy to an optional status. Until methods like ZKPs or device-based verification, these experts warn, becomes the norm, the digital age will continue down the rabbit hole of trying to prove a person’s identity while trying not to infringe on their privacy rights. 

House-buying power surge lifts hopes for spring 2026 market


First American’s Real House Price Index showed buying power rising as income growth and lower rates outpaced near‑flat price gains, echoing broader data on stabilizing prices and higher inventory in parts of the country.

At the same time, average 30‑year rates dipped below 6% in late February 2026 for the first time since 2022, offering buyers a rare affordability tailwind heading into spring.

Budgets outpaced sticky asking prices

“Spring break may be arriving a little early for home buyers this year,” Williamson said.

“Late last year, house-buying power surpassed the national median list price for the first time in more than three years, which could support a more vibrant spring home-buying season than in recent years, as more homes fall within buyers’ budgets.”

For most households, the decision to buy hinged less on the asking price and more on whether the monthly mortgage payment fit within their budget, a calculation driven by overall house-buying power