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Oct 19 2024POLITICS

Crypto Money: Why Some Democrats Are Upset

In the world of politics, money talks, and right now, it's saying a lot about cryptocurrency. This election season, groups tied to cryptocurrency have been spending big bucks to support candidates. But not everyone is happy, especially some Democrats. They think these groups are playing favorites wi

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Oct 18 2024CRIME

A Young Alabamian's Daring Bitcoin Scheme

Imagine this: a 25-year-old from Athens, Alabama, gets caught up in a plot to trick the Securities and Exchange Commission (SEC). The plan? Hack into the SEC's X account and post fake news about Bitcoin. In January, this young man, Eric Council Jr. , did just that. He helped some unknown friends hac

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Oct 18 2024POLITICS

AI Rules: Trump vs. Harris

Let's talk about how two big names in U.S. politics -- Kamala Harris and Donald Trump -- want to handle AI, cryptocurrency, and data privacy. Both have their unique takes, but let's break it down. First up: Artificial Intelligence (AI). Both sides agree that AI is a big deal, but how they want to d

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Oct 16 2024CRYPTO

Crypto Cash Pours into Trump's 2024 Campaign

Former President Donald Trump is seeing a windfall of support from the cryptocurrency world. His campaign has raked in over $7.5 million in digital tokens, as revealed in recent filings with the Federal Election Commission. This includes a range of cryptocurrencies, from popular ones like Bitcoin an

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Oct 16 2024CRYPTO

Trump's Crypto Venture Stumbles at Launch

Former U.S. President Donald Trump's crypto platform got off to a rocky start on Tuesday. Only three percent of the digital tokens put up for sale were bought, despite being priced at just 1.5 cents each. Trump, along with his sons and other entrepreneurs, launched World Liberty Financial in Septemb

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Oct 07 2024POLITICS

Crypto PACs Flex Muscle in Primaries, Shape Policy Agenda

In the world of politics, money talks. And right now, crypto companies are talking loudly through their political action committees (PACs). One such group, Fairshake, is making waves by spending big bucks to support candidates who are friendly towards cryptocurrency regulation. The goal? To ensure t

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Oct 07 2024FINANCE

Stocks in Motion: Big Winners and Losers on Monday

Let's talk about stocks that made big moves on Monday. The day started with stock futures going up slightly, kicking off the third quarter of 2024. Spirit AeroSystems (SPR) had a fantastic day, jumping over 8% after Boeing announced they'll buy the company for around $8.3 billion. This is a big deal

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Oct 07 2024FINANCE

Crypto Taxes: The US Treasury Tightens Rules for Traders

Are you a crypto trader? The US government is about to make your life a little different. The Treasury Department and IRS have rolled out new rules that will change how cryptocurrency exchanges operate, especially when it comes to taxes. From now on, if you use a centralized exchange like Coinbase,

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Oct 07 2024FINANCE

Crypto Tax Rules Are Here: What Investors Need to Know

The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,

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Oct 07 2024TECHNOLOGY

Dogecoin: From Meme to Crossword Puzzle Clue

Do you know what Dogecoin is? It’s a type of cryptocurrency, like Bitcoin or Ethereum. But unlike those, Dogecoin started as a joke. Yes, you read that right—a joke! It was based on a popular internet meme featuring a Shiba Inu dog. Now, you're probably thinking, "How does a joke currency make it i

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