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Oct 06 2024FINANCE

Coinbase's Plan to Revolutionize Global Finance

Brian Armstrong, Coinbase CEO, believes that crypto will power more of the global GDP and create sound financial infrastructure with lower fees. He has launched Base, a Layer 2 platform designed to improve upon Ethereum, aiming to process thousands of transactions per second at a cost less than a ce

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Oct 06 2024FINANCE

What's up with Moo Deng and her new crypto?

You know how sometimes things just happen because they can? Well, that’s what happened with Moo Deng. She’s a cute little pygmy hippo from Thailand who suddenly has her own cryptocurrency. Let's break this down! Imagine you have something really popular, like a viral video or a cute animal. Now, ad

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Oct 06 2024FINANCE

Bitcoin and Crypto Stocks Dip After Last Week's Gain

Last week, Bitcoin briefly hit $65,000, but it's now down to around $63,612. That's a drop of about 3.5%. It's not just Bitcoin though – crypto stocks like Coinbase and MicroStrategy have taken a hit too. Coinbase fell by 3% in premarket trading, and MicroStrategy slid even more at 5%. This is happe

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Oct 06 2024BUSINESS

Crypto Hopes for Clear Regulations Post-Election

As the U.S. presidential election nears, there's a buzz in the crypto industry about potential regulatory changes. Shan Aggarwal, from Coinbase Ventures, shared his thoughts at Messari’s Mainnet conference in New York City. "We’re really hoping for better regulations," he said, indicating that the c

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Oct 06 2024CRYPTO

The Secret Life of Satoshi: A Bitcoin Mystery

For years, people have wondered who is behind the creation of Bitcoin. In 2008, a mysterious figure named "Satoshi Nakamoto" published a white paper about this digital currency. Nobody knows if Satoshi is one person or many. Now, an HBO documentary aims to unmask this anonymous creator. Director

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Sep 26 2024BUSINESS

Crypto's Centralized Giant Makes a Shift to Decentralization

Brian Armstrong, the co-founder and CEO of Coinbase, is a man on a mission. At the helm of the largest publicly traded cryptocurrency exchange in the world, he's made a fortune by creating a platform that allows people to buy, sell, and trade cryptocurrencies. But Armstrong is no longer content with

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Sep 23 2024BUSINESS

Trump Taps Into Crypto Cash

Donald Trump, the 45th President of the United States, made a splash when he became the first-ever US president to complete a transaction using Bitcoin. The momentous occasion took place at a popular New York City bar and restaurant, PubKey, known for accepting the cryptocurrency. Trump, 78, ordered

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Sep 23 2024FINANCE

The Rise of Stablecoins: Disrupting Traditional Finance

Stablecoins are quietly revolutionizing the financial landscape. With a market capitalization of over $170 billion, these cryptocurrencies are becoming increasingly important. Unlike their bitcoin counterparts, stablecoins are pegged to the value of another asset, providing a sense of stability in a

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Sep 23 2024BUSINESS

Crypto Markets Soar After Fed Rate Cut, AI Tokens Lead the Charge

The crypto market has been on a tear lately, with Bitcoin and Ether leading the way. The two largest cryptocurrencies by market capitalization have been thriving in the wake of the US Federal Reserve's interest rate cut. Bitcoin has shot up to near $63,000, a gain of 1.2% in the past 24 hours and ne

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Sep 23 2024CRIME

Rocking the System: A Pacoima Business Takes a Hit, but Community Rallies Behind

The Unintended Target: La Chuleta Fresca's Brazen Vandalism Incident In the heart of Pacoima, a small family-owned butcher shop, La Chuleca Fresca, became the unintended target of a brazen vandal. The suspect, caught on security camera, went on a rampage, hurling large rocks at the shop, shattering

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