Former president and Republican frontrunner Donald Trump is launching a crypto coin tomorrow, but the cryptocurrency is significantly different from many others in the crypto market. Trump will be offering a token for World Liberty Financial (WLFI), which is a decentralized finance platform. The waitlist opens tomorrow at 8 a.m. ET in what Trump has […]
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$230 Million Cryptocurrency Theft and Laundering Scam
A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency. Malone Lam, 20, and 21-year-old Jeandiel Serrano, of Los Angeles, were arrested by the FBI Wednesday night, The U.S. Attorney’s Office for the District of Columbia said […]
Continue ReadingCrypto Scams Stole $5.6 Billion From Americans Last Year
Americans reported losing $5.6 billion to cryptocurrency scams in 2023, with older Americans hit the hardest, according to the FBI. The FBI’s first annual Cryptocurrency Fraud Report, published Monday, shows that Americans reported more than 69,000 complaints last year saying they had been scammed into sending cryptocurrency to criminals, often by using commonly available crypto […]
Continue ReadingBitcoin Climbs to More Than One-Week High
Bitcoin touched $61,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed. The largest digital asset rose as much as 2.2% on Monday and changed hands at $60,850 as of 7:03 a.m. in Singapore, the highest level in more than a week. […]
Continue ReadingBitcoin Pizza Day
Happy Bitcoin Pizza Day to all who celebrate. Celebrate what, you might ask? Wednesday’s “holiday” marks the anniversary of the day when, in 2010, Laszlo Hanyecz got two pizzas delivered to his house from Papa John’s, which he paid for using Bitcoin, Quartz reports. (How exactly he did so is a bit confusing; you can […]
Continue ReadingCampaign Accepting Contributions Through Cryptocurrency
Donald Trump ‘s presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day. The Trump campaign launched a fundraising page that allows “any federally permissible donor the ability to give” to its political committees using any […]
Continue ReadingMortgage Rates Hit 7.23%
Mortgage rates pushed to a fresh two-decade high this week, making it tougher for the housing market to emerge from its stark slowdown. The average 30-year fixed mortgage came with an interest rate of 7.23%, according to data published Thursday by Freddie Mac. Some borrowers are paying even loftier rates. The rate was 7.09% a […]
Continue ReadingJobless Claims Drop
Jobless claims drop to 3-week low of 230,000. Still no sign of rising U.S. layoffs. The numbers: The number of Americans who applied for unemployment benefits last week fell by 10,000 to a three-week low of 230,000, offering further evidence that the labor market remains rock solid. New jobless claims slipped from a revised […]
Continue ReadingFarmers Insurance Pulls Out of Florida
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders Farmers Insurance will stop offering its policies in Florida, including home, auto and umbrella policies, in a change that will force thousands of people to change their insurance provider. The company said in a statement that its decision to get out of Florida was a business […]
Continue ReadingMoving From California to Texas
A move from California to Texas could save a million dollars. Many Americans are opting in. The exodus of people from California to Texas is picking up steam. In 2021, it was the most popular interstate move in the country, with 111,000 people – or 300 people a day – headed to the Lone Star […]
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