After FTX crumbled in late 2022, many thought their money was gone forever. But recently, a court gave the thumbs-up on a whopping $14 billion U.S. dollars payback plan. This means creditors (people who lent money to FTX) are in for a nice surprise. They'll get all their money back—plus some extra!
In the world of MMA, Khamzat Chimaev's name is back in the news, but not for his fighting skills. Earlier this year, the undefeated Chechen fighter got mixed up in a crypto mess. He urged his fans to invest in a token called SMASH meme coin, assuring them it was a safe bet. But soon after, the coin'
Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr
Cryptocurrencies have been a big thing since Bitcoin came on the scene in 2009. Now, there are over 20,000 cryptos out there. But with this growth comes trouble – crypto scams are on the rise. The FBI says these scams went up by more than 50% between 2022 and 2023, reaching almost $4 billion in loss
In an unexpected twist, crypto companies are now attracting lots of attention from the deal-making world. The reason? Artificial Intelligence (AI). Bitcoin mining companies have massive data centers with plenty of power and fast internet connections, which are perfect for running complex AI operatio
In the world of politics, money talks. And right now, crypto companies are talking loudly through their political action committees (PACs). One such group, Fairshake, is making waves by spending big bucks to support candidates who are friendly towards cryptocurrency regulation. The goal? To ensure t
Have you ever thought about the dark side of cryptocurrency? It might surprise you to know that it isn't just hackers who want a piece of your digital cash. Meet Remy Ra St. Felix, a 24-year-old from Florida, and his gang. They didn't sit behind computers to steal crypto. Instead, they invaded homes
Imagine this: you're a crypto trader, and suddenly the US Treasury drops new rules on you. Starting in 2026, your broker will have to report your transactions from 2025 to the IRS. This means if you traded any cryptocurrency like Bitcoin or stablecoins (which track real money), you'll get a form cal
Let's talk about stocks that made big moves on Monday. The day started with stock futures going up slightly, kicking off the third quarter of 2024. Spirit AeroSystems (SPR) had a fantastic day, jumping over 8% after Boeing announced they'll buy the company for around $8.3 billion. This is a big deal
Are you a crypto trader? The US government is about to make your life a little different. The Treasury Department and IRS have rolled out new rules that will change how cryptocurrency exchanges operate, especially when it comes to taxes. From now on, if you use a centralized exchange like Coinbase,
