Dubai is making waves in the real estate world by allowing people to rent apartments using Bitcoin. This might sound like something from the future, but it's happening right now. The city has set up clear rules to make this work, so tenants can feel safe using cryptocurrency for their rent. First, it's important to know that while you can pay with Bitcoin, the rent ...
In a recent turn of events, U. S. President Donald Trump has publicly asked Federal Reserve Governor Lisa Cook to resign. This call comes after the head of the Federal Housing Finance Agency, Bill Pulte, suggested that the Department of Justice should look into Cook over claims of mortgage fraud. Pulte made this request on the social media platform X. The allegation...
A heated debate is unfolding between banks and crypto advocates over the future of stablecoin regulations. The banking sector is pushing for changes, while crypto lobbyists are firmly opposed. Last week, a group of bankers made a strong case to senators. They want to modify or even remove parts of a new law that governs stablecoins. This law, known as the GENIUS Act...
The financial world just got a major shake-up. President Donald Trump has signed an executive order that could change how millions of Americans save for retirement. This order allows digital currencies like Bitcoin and Ethereum to be part of retirement plans, such as 401(k)s and IRAs. This is a big deal because it's the first time something like this has happened. J...
The internet is going through a strange phase. On one hand, platforms are cracking down on adult content, making it harder for people to access or share it. On the other hand, a new AI tool called Grok Imagine lets users create explicit images and videos of anyone, including celebrities, for a small fee. This tool, launched by Elon Musk's xAI, has sparked controversy...
In a surprising turn of events, Nexstar Media Group is in serious talks to buy Tegna Inc. This move could shake up the media world and put the Federal Communications Commission's (FCC) deregulation plans to the test. The deal, if it goes through, could be worth around $8 billion, including debt. Tegna recently announced that it expects its revenue to drop by 18% to ...
In a landmark case, Roman Storm, the co-founder of Tornado Cash, faced a mixed verdict. The jury found him guilty of running an unlicensed money-transmitting business but couldn't agree on more serious charges like money laundering and violating sanctions. This split decision is significant. It shows that while the U. S. is cracking down on crypto privacy tools, the ...
The tech world and politics used to be like ships passing in the night. They'd meet up, chat about rules, maybe exchange a few favors, and then go their separate ways. But those days are over. Now, they're locked in a high-stakes battle that's reshaping the world as we know it. This isn't just about rules and regulations anymore. It's about power, influence, and the...
Figma's initial public offering (IPO) has been a huge success. But here's an interesting twist: Lina Khan, who used to lead the Federal Trade Commission (FTC), sees this as a big win for her approach to regulating big tech companies. Back in 2023, Adobe tried to buy Figma for a whopping $20 billion. But the deal fell apart. Why? Well, there were concerns that this d...
The UK is considering recognizing Palestine as a state by September, but only if Israel takes steps towards peace. This move follows France's similar announcement, putting more pressure on Israel to ease restrictions in Gaza. The situation there is dire, with severe food shortages and rising hunger-related deaths. Israel's blockade has slightly loosened, but markets ...