Jack Abramoff, a figure known for his past political scandals, is back in the news, but this time it's about a crypto scam. He and his partner, Marcus Andrade, were involved in a scheme called AML Bitcoin. They raised $5 million but used the money for personal gains, like buying properties in Texas.
Nvidia just dropped some serious numbers. They made $57 billion in their last quarter. That's a huge jump from last year. People were worried about an AI bubble. But Nvidia's earnings put those fears to rest. Now, tech and crypto stocks are feeling the love. Nvidia's profits also went up. They made
The Trump family's wealth has taken a significant hit recently. Their company, Trump Media & Technology Group, has seen its stock price drop to record lows. This has wiped out over $5 billion in value for the family. The stock, which trades under the symbol DJT, has fallen nearly 70% this year alone
In the world of cryptocurrency, two big names stand out: Solana and Ethereum. They are like two sides of a coin, each with its own strengths and weaknesses. Solana is known for its speed and low fees, while Ethereum is praised for its security and wide range of uses. Solana, which started later tha
Bitcoin holders now have more options to use their assets. Mezo, a platform for Bitcoin finance, has teamed up with Anchorage Digital. This partnership aims to make Bitcoin more useful for big investors and companies. Mezo lets people borrow money using their Bitcoin as collateral. They can get loa
Kraken, a well-known crypto exchange, just secured a massive $800 million investment. This huge sum includes a $200 million contribution from Citadel Securities, a major player in the financial world. The goal? To bring traditional finance into the blockchain era. The funding round was split into t
Kraken, a major player in the crypto exchange world, just scored a huge $200 million investment from Citadel, a big name in traditional finance. This isn't their first big win though. Just a few months ago, they raised a whopping $600 million, bringing their total to $800 million in recent funding r
In the world of digital money, trust is a big deal. Zircuit Finance is stepping up to make things safer. They just launched a new platform to tackle the big problems in decentralized finance (DeFi): credit risks and security issues. With $3 billion already secured, they offer a stable place for big
LevelField Financial Inc. is making waves in the financial world. They just got the okay from Illinois to buy Burling Bank. This is a big deal because LevelField wants to create a bank that works with both regular money and digital currencies like Bitcoin. But before they can celebrate, they need on
Bitcoin's recent fall to $90, 500 has puzzled many. While factors like Federal Reserve rate cuts and miner sales have contributed, there's a larger issue at play. Companies dealing with digital assets, known as DATCos, have invested heavily this year, pouring in $42. 7 billion. With crypto values do
