Ripple, the company known for its XRP cryptocurrency and RippleNet platform, has just launched new services aimed at helping banks and financial firms store digital assets. This move is part of Ripple's strategy to branch out from its main payment settlement business. The new services, now under the
A former official from Mayor Eric Adams' team has been arrested just a day after resigning. This person, Mohamed Bahi, is accused of some serious stuff. He's charged with trying to influence witnesses and hiding evidence in an ongoing investigation into Adams' 2021 campaign donations. Federal prosec
Lots of financial firms are talking about how great AI is, but many aren't seeing real results yet. Edward J Achtner, the head of generative AI at HSBC, thinks a lot of what's happening is just "success theater." He said at the CogX summit in London that companies need to be smart about where they u
Kody Brown, the patriarch of the polygamous family on "Sister Wives," found himself in the middle of a heated argument with his fourth wife, Robyn. The fight centered around the family's financial struggles and their inability to pay off Coyote Pass. Janelle, one of Kody's other wives, expressed her
Laurene Powell Jobs and Reid Hoffman, prominent donors to the Democratic Party, are using their influence and money to shape policies that may not align with the best interests of average Americans. Despite their philanthropic efforts, like promoting women's economic empowerment, their agendas often
On Tuesday, one of the six people accused in a campaign finance scheme involving Mayor Eric Adams's contributors had their charges dismissed. Ronald Peek, 66, was part of a group indicted last July for allegedly funneling money to Adams's campaign through straw donors between 2020 and 2021. Manhatta
Things have heated up in Kenya's capital, Nairobi. Protesters are taking to the streets, angry about a new finance bill. The atmosphere is tense, with fires burning at government buildings and tear gas filling the air. Among those affected is Auma Obama, sister of former US President Barack Obama. A
Get ready! On Tuesday, July 23, Ethereum ETFs are set to hit the market. These new funds will let investors buy Ethereum, the second most popular cryptocurrency, like regular stocks. The Securities and Exchange Commission (SEC) has given the green light to eight funds that will start trading this da
On Tuesday, a part of Kenya’s parliament building went up in flames as thousands of people protesting against a new finance bill stormed the building. The protesters had demanded that lawmakers reject the bill that proposed new taxes in a country already struggling with a high cost of living. Legisl
Kenyan President William Ruto recently made a big decision. He said he won't sign a controversial finance bill. Why? Because people in his country were unhappy and even protested, leading to some deaths. Ruto listened to the people's complaints and decided it was best to stop the bill. Protesters st
