Cango, a big name in bitcoin mining, sold 4, 451 bitcoins for about $305 million. The money came from a Tether (USDT) sale that helped the company pay off a loan backed by its own bitcoin. This move also lightened Cango’s debt load and gave the firm a cushion to jump into building AI data centers.
The United Nations is waiting to hear when the United States will pay its overdue budget. The U. N. said it wants details on timing and amounts after Washington promised a first payment soon. The U. N. ’s spokesperson, Stephane Dujarric, told reporters that the secretary‑general has been talking w
Forbes publishes a yearly list that spotlights the most promising young people in business, art and technology. Yet some of those celebrated have later been caught breaking the law, especially in finance. Among the past decade’s honorees are six individuals who faced serious charges. A 26‑year‑old
Forsyth County schools have announced that the position of finance officer has not yet been filled, according to local officials. The vacancy means the district is still searching for a qualified candidate to oversee its budget and financial planning. The role is essential because it handles day‑to
Bithumb made a big mistake by giving users 2, 000 BTC each instead of a small cash reward. The plan was to drop 2, 000 won (about $1. 37), but the system sent 2, 000 bitcoins instead. With Bitcoin near $71k at that time, the error added more than $95B in user balances. The glitch happened during a
Ripple has just launched a new tool called Ripple Treasury. It's a big deal because it helps companies manage their money and digital assets in one place. This is a smart move, as companies often struggle with keeping track of their cash spread across different accounts and countries. The new platf
In Georgia, a recent court decision has left Secretary of State Brad Raffensperger with fewer resources for his gubernatorial campaign. A federal judge turned down his request to raise unlimited funds, keeping the current campaign finance rules in place. These rules let some candidates, like Lt. Gov
In the US, electric vehicle (EV) drivers now have more fast charger options than ever before. This surge in charging stations happened even though EV sales slowed down and federal incentives ended. The number of chargers grew the most in the last three months of last year. The growth in chargers is
Wall Street professionals are flocking to high-end gyms like Equinox and Life Time, but it's not just about the fancy equipment or luxurious amenities. These gyms have become a hotspot for networking and displaying social status. For many in the finance world, joining an expensive gym is like joini
Inflation has been a hot topic lately. Some folks are really worried about it getting out of hand. But not everyone agrees. Neil Dutta, an economist, thinks these worries might be overblown. He believes the economy is more stable than some people think. Dutta points out that inflation is not just a
