In Clinton County, Iowa, a man named Boston found himself in a nightmare after a simple text message. It all started with a message that seemed harmless: "Hello Mark, I've been expecting your call. " Boston, thinking it was a wrong number, replied politely. Little did he know, this was the beginning
The person who started Bitcoin, known as Satoshi Nakamoto, has seen a huge drop in their wealth. This is because the value of Bitcoin has gone down a lot. Nakamoto's net worth has fallen by 34%, from $137 billion to $90. 7 billion. This drop has pushed them down to the 20th spot on the list of the w
Christine Lagarde, the head of the European Central Bank (ECB), has never been a fan of Bitcoin. She's been vocal about her doubts, even when the cryptocurrency's value was soaring. In a recent chat on the College Leaders in Finance podcast, she was reminded of her past comments about Bitcoin being
El Salvador made a big move in the Bitcoin world. They bought a lot of Bitcoin when the price was dropping. This is not just any purchase. It is the largest single-day buy since they started using Bitcoin in 2021. They added about 1, 090 BTC to their reserves. That is worth around $100 million. Pres
Cathie Wood's ARK Invest made some bold moves on November 20, shaking up its portfolio with new investments and trimming some existing ones. The spotlight was on Nvidia, a major player in the chip industry, after its impressive third-quarter performance. ARK Invest snapped up 93, 374 shares of Nvidi
Numerai, a unique hedge fund based in San Francisco, just raised a whopping $30 million in its Series C funding round. This round was led by some big-name university endowments and valued the company at a cool $500 million. That's a huge jump from its 2023 valuation! J. P. Morgan Asset Management a
A new player is stepping into the insurance world, and it's bringing some fresh ideas. Astria Insurance Solutions Inc. (AIS) is the brainchild of Innovative Payment Solutions, Inc. (IPSI). This isn't just another insurance company. AIS is set to mix things up by combining insurance with modern payme
Big things are happening in the world of finance. A hedge fund called Numerai just raised a lot of money. They got $30 million from some serious investors. This includes big university endowments. Now, the company is worth $500 million. That's a huge jump from just a few years ago. Numerai is not y
The crypto market is having a rough day. Bitcoin (BTC) is down by 3%, trading at $86, 410. 50. This drop comes after it had a brief rally earlier in the day, reaching above $93, 000. It's now at its lowest point since April. But Bitcoin isn't the only one feeling the heat. XRP (XRP-USD) has fallen b
In the world of cryptocurrency, two big names stand out: Solana and Ethereum. They are like two sides of a coin, each with its own strengths and weaknesses. Solana is known for its speed and low fees, while Ethereum is praised for its security and wide range of uses. Solana, which started later tha
