Doge, the "department of government efficiency, " seems to have vanished without much fanfare. This happened while it still had eight months left on its contract. The group was known for making big changes in federal agencies and letting go of many workers. Scott Kupor, the head of the office of personnel management (OPM), said Doge is no longer a "centralized entit...
In a surprising turn of events, Qube Holdings, a major player in the logistics industry, has caught the attention of Macquarie Asset Management. The investment giant has put forward a proposal to take over Qube, valuing the company at a whopping AU$11. 6 billion. This isn't Macquarie's first attempt, though. They've been in talks with Qube before, but this time, they...
Big changes are happening in the world of business. UnitedHealth Group, a major health insurer, has welcomed Dr. Scott Gottlieb to its board. He's not just any doctor; he used to be the head of the FDA and has worked with big health organizations. This move shows UnitedHealth is bringing in top talent to guide the company. Meanwhile, other companies are also making ...
Chainlink is making waves in the crypto world. It's not just another blockchain project. It's becoming the glue that sticks traditional finance and crypto together. This is big news because it means crypto isn't just a fad. It's becoming a real part of the financial system. Grayscale, a big player in the crypto investment world, thinks Chainlink is a game-changer. T...
The Trump family's fortune took a hit due to the recent crypto market downturn. Their investments in digital currencies have not been as profitable as they hoped. The value of a memecoin linked to Trump's brand has dropped by about 25% since August. Eric Trump's investment in a Bitcoin mining project has lost about half its value from its peak. Additionally, shares o...
In June 2024, three men pulled off a bold crypto heist in the UK, making away with $4. 3 million in cryptocurrency. They dressed as delivery drivers, knocked on the door of their target, and forced their way in with a gun. The whole operation was over in a matter of minutes. The thieves knew exactly what they were doing. They had been planning the robbery for weeks,...
Japan is making some big changes to how it handles cryptocurrency. The Financial Services Agency (FSA) is working on a plan to treat digital assets like Bitcoin and Ethereum as financial products, similar to stocks and investment funds. This change could happen as early as 2026 and would bring a flat 20% tax on crypto gains, which is a big drop from the current rates...
Blue Owl Capital is thinking about bringing back a plan to combine two of its private credit funds. This comes after they had to stop a similar plan last week because investors weren't happy. The main reason for the merge is to give shareholders a way out and cut costs. But, it's not a done deal yet. The idea is to merge the larger fund, OBDC, with Blue Owl Capital ...
Marjorie Taylor Greene, a Republican representative from Georgia, has made it clear that she is not planning to run for president in 2028. She addressed this in a detailed post on X, refuting reports that suggested otherwise. Greene announced her decision to step down from Congress in January, which sparked speculation about her future political ambitions. Greene's ...
Bitcoin's journey has been a wild ride, and it's not showing signs of a dramatic crash anytime soon. Lyn Alden, a macroeconomist, thinks the crypto market isn't ready for a major downturn. She believes the current cycle isn't driven by the usual four-year pattern tied to Bitcoin's halving events. Instead, it's influenced by bigger economic factors and growing interes...