October saw a massive influx of money into US exchange-traded funds (ETFs), with a record-breaking $166 billion in net new assets. This surge was led by Vanguard, which had its best month ever, pulling in over $50 billion. The largest share of these inflows went into US stock ETFs, with large-blend ETFs capturing the most attention. Vanguard's S&P 500 ETF, VOO, was ...
A big shake-up happened in the crypto world. The boss of Samourai Wallet, Keonne Rodriguez, got a five-year prison sentence. Why? He ran a service that mixed up Bitcoin to hide where the money came from. Prosecutors say this service laundered a huge amount of money—over $237 million. Rodriguez and his partner, William Lonergan Hill, were arrested last year. They wer...
BitMart, a major player in the cryptocurrency world, just got a big boost. Their CEO, Nathan Chow, has been invited to join the Forbes Business Council. This isn't just any club; it's a group of top business leaders who share ideas and set trends. Chow's invitation shows how far BitMart has come and how much they're doing to make digital money accessible to everyone....
Hamster Kombat, a play-to-earn (PTE) game, has taken the world by storm, with over 300 million users since its launch in March 2024. But in Iran, where the local currency has lost value, the game's appeal is even stronger. A recent study looked at why so many Iranians are playing Hamster Kombat and what risks come with it. The study focused on 529 Iranian players, m...
The GENIUS Act is now law, and it’s shaking up the world of stablecoins. This new rule means stablecoins will face stricter regulations, and the battle over how these rules are applied is just getting started. The act sets the stage for a two-year fight over how $250 billion in stablecoins will be handled. The main question is whether these digital coins will be con...
Zcash, a cryptocurrency known for its privacy features, saw a huge jump in value recently, reaching as high as $715. This is the biggest increase since 2018, and it has caught the attention of many in the crypto world. One of the main reasons for this surge is the growing interest in privacy-focused cryptocurrencies. More people are using Zcash's privacy features, w...
Filecoin (FIL) has been on a wild ride, jumping over 70% in just one day. This surge took it from $1. 33 to $2. 27, making it a standout in the crypto world. The climb happened in three clear stages: building up, breaking out, and then settling down above the $2 mark. The biggest jump happened around midnight on November 7th. A huge wave of trading, with 72. 8 milli...
Strategy, a company known for its big Bitcoin bets, has been buying less of the cryptocurrency lately. This slowdown comes as the firm hits a turning point, with its financial strategies shifting to keep the Bitcoin purchases going. Recently, Strategy introduced new ways to get money, like a euro-based investment with a 10% return. This move is getting attention bec...
Bitcoin has taken a nosedive recently, dropping below $100, 000 and sparking a frenzy of panic selling. Critics like Peter Schiff are quick to point out that Bitcoin has lost a third of its value when measured in gold and are predicting that all of Bitcoin's 2025 gains will be wiped out. They blame big players, lack of interest from regular investors, and slowing ETF...
North Korea has a sneaky way of making money. They use hackers and IT workers to steal and launder cash. This cash funds their weapons programs. The U. S. Treasury Department recently put sanctions on 10 North Korean individuals and entities involved in these shady deals. These hackers and IT workers are part of a bigger problem. They help North Korea avoid sanction...