Two founders. One $460 million crypto pot. Zero trust between them. Erik Zhang keeps most of NEO’s tokens in his personal wallets. No extra signatures, no shared control, just his key. Da Hongfei runs the other half through his foundation, NGD, with cash, Bitcoin, and Ethereum. Together they hold d
We often see celebrities living in huge mansions, driving fancy cars, and wearing designer clothes. Their lavish lifestyles make it easy to forget that fame doesn’t guarantee financial security. Many stars have faced serious money troubles despite massive paychecks. Take MC Hammer, for example. In t
Live Nation Entertainment, the biggest name in global live shows, is set to announce its first‑quarter earnings. The company blends concert promotion, ticket sales through Ticketmaster, and artist management into one giant business. Analysts predict a slight loss of 31 cents per share, a small impro
A lot of people now turn to AI for financial tips, especially younger generations. About two-thirds of those who’ve tried AI for money advice end up following its suggestions. But what many don’t realize is that AI’s answers depend entirely on how well the questions are asked—just like giving a robo
The U. S. government wants stablecoin companies to act like banks when it comes to stopping crimes like money laundering. New rules from the Treasury Department would require these firms to set up systems that block suspicious payments, freeze accounts linked to criminals, and report illegal activit
A storm is brewing in the world of private credit, and regulators are sounding the alarm. The Financial Stability Board warns that a mix of rising interest rates, geopolitical tensions, and shaky valuations could trigger a domino effect across global markets. The concern isn’t just about one weak sp
In 2021, Donald Basile convinced over a hundred people to hand over $16 million for a cryptocurrency called Bitcoin Latinum. He claimed it was "insured" and backed by real assets, making it a safe investment. The catch? No insurance actually existed. The SEC now says Basile lied about the token’s sa
Chinese battery maker CATL just reported its latest earnings—and the numbers are big. In the first three months of this year, the company pulled in over HK$129 billion in sales, pushing its profit past HK$20 billion. That’s a huge jump from last year, when it earned just HK$84 billion and kept HK$14
A crypto exchange is giving traders a chance to win real money just by trading standard market products like stock and gold futures. The catch? No one had ever offered these traditional assets around the clock before. Most exchanges follow stock market hours, but this one stays open all week. The g
The UK is stepping up its game in cryptocurrency regulation, and the Financial Conduct Authority (FCA) just shared its roadmap. By 2027, crypto services like trading, storing coins, and issuing stablecoins will fall under stricter rules. But there’s a catch: firms can start applying for licenses as
