Ourbit, a fast-growing crypto trading platform, has taken a significant step to make trading safer and more compliant. They have joined the CODE Travel Rule Alliance, which is a big deal in the crypto world. This move shows Ourbit's commitment to following rules and protecting its users. By joining this alliance, Ourbit is now aligned with Korean Travel Rule require...
A major crypto company, Binance, is now dealing with some serious accusations. People affected by the October 7, 2023, attacks in Israel are saying Binance helped Hamas move money around. This attack was really bad, with over 1, 200 people losing their lives and 250 taken hostage. The lawsuit is under a special law that targets people who support terrorism. It claim...
In St. Paul, the city council has made a decision that might affect how people remember their loved ones. They've banned cryptocurrency kiosks, which might seem unrelated, but it's a sign of how technology is changing even our most traditional practices. When someone passes away, families often want to share their loved one's story. In St. Paul, this can be done thr...
Bitcoin has hit a rough patch, dropping to its lowest point in seven months. It's now hovering just above the $80, 553 mark, a level that has some experts worried about even bigger losses ahead. This isn't just a one-day dip; Bitcoin has lost 12% of its value this week alone. Earlier this year, it was soaring to new heights, reaching a record high above $120, 000 in ...
In Clinton County, Iowa, a man named Boston found himself in a nightmare after a simple text message. It all started with a message that seemed harmless: "Hello Mark, I've been expecting your call. " Boston, thinking it was a wrong number, replied politely. Little did he know, this was the beginning of a sophisticated scam. The sender, who called herself Julie, quic...
The person who started Bitcoin, known as Satoshi Nakamoto, has seen a huge drop in their wealth. This is because the value of Bitcoin has gone down a lot. Nakamoto's net worth has fallen by 34%, from $137 billion to $90. 7 billion. This drop has pushed them down to the 20th spot on the list of the world's richest people. Nakamoto has not moved or spent any of their ...
Christine Lagarde, the head of the European Central Bank (ECB), has never been a fan of Bitcoin. She's been vocal about her doubts, even when the cryptocurrency's value was soaring. In a recent chat on the College Leaders in Finance podcast, she was reminded of her past comments about Bitcoin being "worth nothing. " She stood by her words, calling it a risky bet. Wh...
El Salvador made a big move in the Bitcoin world. They bought a lot of Bitcoin when the price was dropping. This is not just any purchase. It is the largest single-day buy since they started using Bitcoin in 2021. They added about 1, 090 BTC to their reserves. That is worth around $100 million. President Nayib Bukele shared this news on X. He showed a screenshot of t...
Cathie Wood's ARK Invest made some bold moves on November 20, shaking up its portfolio with new investments and trimming some existing ones. The spotlight was on Nvidia, a major player in the chip industry, after its impressive third-quarter performance. ARK Invest snapped up 93, 374 shares of Nvidia, worth a cool $17. 5 million, marking their first purchase of Nvidi...
Numerai, a unique hedge fund based in San Francisco, just raised a whopping $30 million in its Series C funding round. This round was led by some big-name university endowments and valued the company at a cool $500 million. That's a huge jump from its 2023 valuation! J. P. Morgan Asset Management also made a big move by committing up to $500 million to Numerai’s hed...