CRYPTO

Dec 19 2024CRYPTO

Bitcoin: CFOs See It As Risky, Few Companies Buy In

Bitcoin has been on a rollercoaster ride, reaching new heights after the U. S. presidential election. The price of a single Bitcoin hit $100, 000 for the first time. This dramatic increase hasn't gone unnoticed by big-time investors and companies. Michael Saylor, a billionaire Bitcoin investor, tri

reading time less than a minute
Dec 19 2024CRYPTO

Memecoin Meltdown: Hawk Tuah Fans Sue Over Crashed Crypto

Investors who bought the Hawk Tuah memecoin, named after social media personality Hailey Welch, are now suing those involved with its launch. The token's value plummeted by over 95% within a day of its December 4 release. Lawyers claim the defendants unlawfully promoted and sold the token without pr

reading time less than a minute
Dec 19 2024CRYPTO

Investing in Crypto without Fear of Missing Out

When it comes to investing, it's normal to feel left out when others seem to be making quick money. This is especially true with cryptocurrencies, which can have enormous short-term gains and a certain 'cool factor'. Amos Nadler, a behavioral finance expert, warns that this fear of missing out (FOMO

reading time less than a minute
Dec 18 2024CRYPTO

The Crypto-Paying Astronaut: Jared Isaacman's Space and Stablecoin Adventures

Jared Isaacman, a 41-year-old space enthusiast, just commanded the world's first all-civilian space mission. He's also the founder of Shift4, a fintech company that bet big on stablecoins. In 2020, he took Shift4 public on the New York Stock Exchange, raising its market cap to $9. 3 billion. His int

reading time less than a minute
Dec 17 2024CRYPTO

Crypto Scam Alert: Hackers Pretend to Be Investors to Steal Millions

Ever heard of the North Korean hacker group, Lazarus? They're back with a new trick, the FBI says. After stealing billions in crypto, they're now pretending to be venture capitalists to target startup CEOs. In November 2023, they fooled a crypto startup's CEO using a fake Telegram account. They sent

reading time less than a minute
Dec 17 2024CRYPTO

Easy Crypto Payments: Remote and USDC Team Up

Remote, a company that helps hire and manage contractors worldwide, is introducing a new way to pay. U. S. companies can now pay their contractors in stablecoins in 69 countries. The company has partnered with Stripe for this feature and is starting with USDC, a popular stablecoin managed by Circle.

reading time less than a minute
Dec 17 2024CRYPTO

The LastPass Hack's Ongoing Impact: What You Need to Know

In 2022, LastPass suffered several hacks where hackers stole valuable data like source code and API tokens. Two years later, this stolen data is still being used. Recently, hackers snatched $5. 36 million from over 40 crypto wallets. They swapped the stolen crypto for Ethereum and then transferred i

reading time less than a minute
Dec 17 2024CRYPTO

Crypto Craze: Bitcoin's Boom and Trump's Big Plan

Bitcoin hit a new high of $107, 000 on Monday. Why the sudden boost? President-elect Donald Trump wants the U. S. to have a bitcoin strategic reserve. This is like the country's oil reserve but for digital currency. He hopes it will give the U. S. an edge in the global market. Also, MicroStrategy jo

reading time less than a minute
Dec 16 2024CRYPTO

Bitcoin's Big Jump: Trump's Crypto Plan Unveiled

On Sunday, Bitcoin reached a new peak price of $106, 491. This comes as President-elect Donald Trump hinted at plans to create a U. S. strategic reserve for Bitcoin. In a recent interview, Trump discussed the idea of a crypto reserve similar to the Strategic Petroleum Reserve. Rep. Cynthia Lummis o

reading time less than a minute
Dec 16 2024CRYPTO

Bitcoin's Big Year: Will States Jump On Board in 2025?

The future of bitcoin is looking bright. With the new presidential administration in 2024, we might see a surge in crypto-friendly policies. Some states are already considering bills to make their laws more open to cryptocurrencies like bitcoin. Many people believe that bitcoin is a great way to pro

reading time less than a minute