A filmmaker known for his work on "47 Ronin" is now facing serious charges. Carl Rinsch, a 47-year-old director, has been indicted for allegedly swindling a major streaming service out of $11 million. This money was meant for a sci-fi series that never saw the light of day. The case involves some unusual elements, including Keanu Reeves' brief appearances, questionab...
Abu Dhabi is diving headfirst into the world of cryptocurrency. The Middle Eastern country's investment firm, MGX, is putting $2 billion into Binance, the world's largest crypto exchange. This isn't just any investment; it's the biggest single investment ever made in crypto. The deal is a big step for both MGX and Binance. MGX, which was launched last year, has b...
The world of crypto has seen some dramatic shifts lately, with a political figure at the helm. By launching a bunch of meme coins, Trump has sparked a frenzy in the industry. It seems like nearly half of the people buying these coins are complete newcomers to crypto, creating their wallets on the very same day. This move has definitely caught the attention of invest...
Shares in Trump Media & Technology Group skyrocketed by 7% on Wednesday after the company unveiled its latest venture: a new financial services division called Truth. Fi. Backed by a substantial $250 million, this division is set to explore investments in Bitcoin and other cryptocurrencies, as well as customized exchange-traded funds and other financial products. The...
As the world gets ready for a new president, Bitcoin fans are hoping for a big year. One top expert from BlackRock believes that changes in laws could really boost Bitcoin. Samara Cohen, who leads the team handling Bitcoin at BlackRock, thinks that new laws will help Bitcoin reach new heights. She mentioned some important changes like the "Financial Innovation and Te...
Cryptocurrencies have been on a roll since the U. S. election in November, with bitcoin hitting a new high above $107, 000 on Monday. But despite these soaring prices and President-elect Donald Trump's pro-crypto policies, many financial advisors are still hesitant to recommend crypto to their clients. Marianela Collado, CEO of Tobias Financial Advisors in Plantation...
The cryptocurrency world is buzzing with excitement. Investors are celebrating big wins after Donald Trump's presidential victory. Bitcoin, the most famous digital coin, has surged to almost $100, 000 per coin. This surge, dubbed the 'Trump Bump', has made many investors very happy. Some are even splurging on luxury items like private jets and high-end cars. Charlen...
You might know Justin Sun as the guy who spent millions on a banana art piece. But now, he's become a big investor in a new crypto project backed by former President Trump. Sun put $30 million into World Liberty Financial, a digital asset bank aiming to let people borrow, lend, and invest in digital coins. Trump is involved too, with his company getting a share of th...
President-elect Donald Trump's pick for the Commerce Department is strengthening his company's link with Tether, the firm behind the world's biggest stablecoin. Howard Lutnick, CEO of Cantor Fitzgerald, is in talks to get support from Tether for a new program allowing clients to borrow using Bitcoin as collateral. This initiative starts with $2 billion and could scal...
Tom Brady, the legendary NFL quarterback, made headlines by converting part of his $6. 5 million salary into Bitcoin. This move, inspired by Russell Okung, who was the first NFL player to receive half of his salary in Bitcoin, turned out to be a smart financial decision. In just a few years, Brady's Bitcoin investment grew from $6. 5 million to a whopping $20 million...