Stablecoins are shaking up the way money moves around the world. They mix the speed of blockchain with the steadiness of regular cash. This could be a big deal for sending money across borders, making it faster and cheaper. Right now, sending money internationally is slow and expensive. It often ta
Carl Rinsch, the director behind the film "47 Ronin, " is in hot water. A jury found him guilty of tricking Netflix out of $11 million. He claimed the money was for his sci-fi series "White Horse/Conquest, " but it seems he had other plans. Instead of finishing the project, Rinsch took the cash and
Türkiye is making progress in its fight against inflation. The finance minister expects the annual rate to drop into the 20% range by February. This is a significant improvement from the 64%-65% seen over the past three years. The government's goal is to bring inflation down to single digits, but th
Tether, the company behind the popular stablecoin USDT, has set its sights on becoming the majority owner of Juventus, a well-known Italian soccer club. This move comes after Tether already bought a smaller share of the team earlier this year. The offer is all in cash, aiming to buy 65. 4% of the sh
Off the coast of Brittany, France, a team of divers stumbled upon something extraordinary. They found a massive wall, hidden underwater for thousands of years. This wall is not just old; it's ancient, dating back to around 5, 800 to 5, 300 BC. That's right, we're talking about a time when people wer
GigaCloud Technology (GCT) has been making waves in the cloud tech industry, recently hitting a new 52-week high. This company, valued at $1. 42 billion, is known for its global end-to-end B2B technology solutions. It connects manufacturers, mainly in Asia, with resellers in the U. S. , Asia, and Eu
In today's world, it feels like every few weeks, someone's personal information is exposed. It could be a store, a hospital, or even a travel website. People are frustrated because they feel like they have no control over their data. But there's a new technology that might change this. It's called z
Greece has made an impressive turnaround. Just a decade ago, it was on the brink of financial disaster. Today, it's leading the way in Europe's financial affairs. Kyriakos Pierrakakis, Greece's finance minister, has been chosen to head the Eurogroup. This group is made up of finance ministers from c
A tragic fire in Cleveland has left two men dead, and the cause remains a mystery. The blaze, which broke out in the early hours of June 15, claimed the lives of Andrew Allen, 57, and Christopher Miller, 45. Firefighters arrived at the scene on East 121st Street just after 4:15 a. m. to find one man
The U. S. Treasury is stepping up its game to keep an eye on money services businesses. This move comes after a big fraud case in Minnesota, where COVID relief funds meant for school kids' meals went missing. Over 77 people, many from the Somali community, are facing charges for this scam. The Trea
