Almost 3 million New Yorkers will soon get a tax relief payment. Here’s what you can expect to receive.
New York’s Tax Relief for Homeowners New York homeowners are set to benefit from a portion of the $2.2 billion in tax relief this summer, as announced by Governor Kathy Hochul. This initiative comes from the state’s school tax relief program. The program offers property tax assistance to qualifying homeowners and seniors throughout the state, […]
OpenAI’s CEO claims Meta tried to attract workers with $100 million bonuses.
Meta’s Recruitment Efforts Target OpenAI Employees Reports have emerged that Meta is attempting to lure employees away from rival OpenAI by offering a substantial $100 million bonus to potential recruits. According to OpenAI CEO Sam Altman, during a podcast hosted by his brother, “Meta has begun to make huge offers to many of our team,” […]
Healthcare Company on Nasdaq Establishes Bitcoin Fund with $20 Million BTC Purchase
Simply put Healthcare firm Prenetics has acquired $20 million in Bitcoin for its Corporate Treasury Department. The organization intends to incorporate Bitcoin into its consumer health platform and operations, hinting at a possible expansion of its financial strategies. Additionally, the company has announced plans to serve as a crypto advisor related to Trump. When it […]
Supporters of Israel target Iran’s biggest cryptocurrency exchange, causing a loss of $90 million
Attack on Iranian Cryptocurrency Exchange An anti-Iranian hacking group calling itself Gonjeshke Darande, or “predatory sparrows,” has claimed responsibility for an attack on one of Iran’s largest cryptocurrency exchanges. The incident, which took place on Wednesday, resulted in losses of nearly $90 million and included threats to disclose the platform’s source code. This marks the […]
Czech government withstands fourth attempt at overthrow during $45 million Bitcoin scandal
The Civic Democrats, led by Czech Prime Minister Petr Fiala, have faced their fourth attempt to topple the government in just three years. This time, the opposition came together over a $45 million Bitcoin scandal. The controversy revolves around a Bitcoin donation amounting to 1 billion Czech koruna—roughly $45 million—from Tomas Zikovsky, a convicted individual […]
Justice Department Moves to Claim a Record $225 Million Linked to ‘Pig Butchering’ Crypto Scams
Simply put The U.S. federal government has moved to seize $225.3 million in USDT, which is Tether’s dollar-pegged stablecoin. This particular cryptocurrency is linked to what’s known as “pig slaughter” or confidence fraud. Tether collaborated with the U.S. Secret Service to facilitate these seizures. On Wednesday, officials revealed they filed to seize a significant amount […]
Hackers supporting Israel claim responsibility for $90 million theft from Iran’s biggest crypto exchange.
Hackers have reportedly stolen approximately $90 million from Iran’s largest cryptocurrency exchange recently, according to several independent tracking firms in the crypto space. A well-known pro-Israel hacking group, referred to as “predatory sparrows,” has been launching cyberattacks apparently aimed at further destabilizing Iran during a time of military actions from Israel. In a message posted […]
Bitdeer Shares Drop as Bitcoin Miner Plans to Raise $330 Million
Simply put Bitdeer, a mining company based in Singapore, is aiming to raise $330 million by issuing convertible notes. Interestingly, unlike many other cryptocurrency firms, they aren’t planning to use these funds to acquire more Bitcoin. On Wednesday, Bitdeer’s stock dropped further, marking a 23% decline for the month. Bitdeer, a Bitcoin miner, has announced […]
Authorities confiscate a record $225 million from cryptocurrency investment fraudsters.
U.S. Law Enforcement Seizes Over $225 Million in Cryptocurrency from Investment Scam U.S. authorities have taken control of more than $225 million in cryptocurrency that was reportedly swindled from numerous American victims, part of a complex investment scam, the Justice Department announced on Wednesday. This action marks the largest seizure linked to these “crypto trust” […]
Pro-Israel hackers take $90 million from Iranian cryptocurrency exchange, according to reports
Crypto Hack Involving Iranian Exchange Israeli hacker groups reportedly took over $90 million from Iran’s largest cryptocurrency exchange on Wednesday. Interestingly, it appears they might have lost all the proceeds from this operation. Digital currencies like Bitcoin, Ethereum, and Dogecoin were taken from the wallet of Nobitex, which is the main exchange in Iran. The […]