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Dec 17 2024CRYPTO

Easy Crypto Payments: Remote and USDC Team Up

Remote, a company that helps hire and manage contractors worldwide, is introducing a new way to pay. U. S. companies can now pay their contractors in stablecoins in 69 countries. The company has partnered with Stripe for this feature and is starting with USDC, a popular stablecoin managed by Circle.

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Dec 17 2024FINANCE

Why Financial Advisors Are Cautious About Crypto

Cryptocurrencies have been on a roll since the U. S. election in November, with bitcoin hitting a new high above $107, 000 on Monday. But despite these soaring prices and President-elect Donald Trump's pro-crypto policies, many financial advisors are still hesitant to recommend crypto to their clien

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Dec 17 2024CRYPTO

The LastPass Hack's Ongoing Impact: What You Need to Know

In 2022, LastPass suffered several hacks where hackers stole valuable data like source code and API tokens. Two years later, this stolen data is still being used. Recently, hackers snatched $5. 36 million from over 40 crypto wallets. They swapped the stolen crypto for Ethereum and then transferred i

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Dec 17 2024CRIME

Crypto Romance Scam Busted: 792 Arrested in Nigeria

In a surprising turn of events, Nigeria's anti-corruption agency made a massive bust. They arrested 792 people in Lagos, Nigeria's business hub. These suspects were running a high-tech scam from a posh building called Big Leaf. The scam involved romancing people online, often through apps like Whats

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Dec 17 2024CRYPTO

Crypto Craze: Bitcoin's Boom and Trump's Big Plan

Bitcoin hit a new high of $107, 000 on Monday. Why the sudden boost? President-elect Donald Trump wants the U. S. to have a bitcoin strategic reserve. This is like the country's oil reserve but for digital currency. He hopes it will give the U. S. an edge in the global market. Also, MicroStrategy jo

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Dec 17 2024CRIME

Virginia Man in Trouble for Crypto Aid to ISIS

A Virginia resident, Mohammed Azharuddin Chhipa, is in hot water with the law. The 35-year-old Indian-born American citizen has been convicted of helping the terrorist group ISIS. How? By sending them over $185, 000 in cryptocurrency. The trial, which ended on Friday, saw a jury find Chhipa guilty o

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Dec 16 2024FINANCE

Bitcoin Breaks $106K, But Will It Last?

Bitcoin hit a record high over the weekend, reaching $106, 449 before dropping below $104, 000 on Monday. This rollercoaster ride comes as the Federal Reserve is set to make its final interest rate decision of the year. Investors are eagerly waiting to see if the Fed will cut rates again, which coul

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Dec 16 2024CRYPTO

Bitcoin's Big Year: Will States Jump On Board in 2025?

The future of bitcoin is looking bright. With the new presidential administration in 2024, we might see a surge in crypto-friendly policies. Some states are already considering bills to make their laws more open to cryptocurrencies like bitcoin. Many people believe that bitcoin is a great way to pro

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Dec 16 2024CRYPTO

Meme-Coins Hit Big, But Buyer Beware

Imagine this: A coin called Fartcoin has seen its value shoot up over a week to over $700 million! You might wonder, why is this happening? It’s all tied to a wave of investment in cryptocurrencies, like bitcoin, which has been pushed by Donald Trump’s victory. The crypto market is full of speculato

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Dec 15 2024CRYPTO

Miners Follow MicroStrategy's Bitcoin Boost Strategy

Did you know that bitcoin miners are adopting a strategy originally used by MicroStrategy? This strategy involves holding onto bitcoins instead of selling them right away. It all started when MicroStrategy's shares skyrocketed during the cryptocurrency rally. Their success caught the attention of mi

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