Hex Trust has made a bold move by introducing wrapped XRP (wXRP), a digital twin of the original XRP cryptocurrency. This new version of XRP can now be traded on multiple blockchain networks, including Ethereum and Solana. The goal? To make XRP more useful in decentralized finance (DeFi) application
Ken Griffin, the head of Citadel Advisors, made some interesting choices in the tech world during the last quarter. With a massive $50. 1 billion under management, Griffin is a big player. He increased his investments in most of the top tech companies, but there was one notable exception: Amazon. G
A battle is brewing in the world of finance. It's all about trading stocks using blockchain technology. Big names like Robinhood and BlackRock are getting involved. They like the idea of 24/7 trading and instant settlements. It also cuts out middlemen and opens up new ways to use stocks as collatera
Anthony Scaramucci, a well-known figure in the finance world, recently attended the Bitcoin MENA conference in Abu Dhabi. There, he met Michael Saylor, the head of Strategy Inc. Scaramucci was impressed and called Saylor the smartest person in the crypto space. He even shared a selfie with Saylor on
The current administration is making a big move to cut back on rules and regulations. They believe this will help the economy grow faster. This push is part of a larger plan to boost the economy before important elections next year. The idea is to make it easier for businesses to operate. This, in
Howard Marks, a big name in finance, thinks the Federal Reserve might be messing with interest rates too much. He reckons that when the Fed plays around with rates, people start taking bigger risks with their money. Right now, he doesn't see why rates need to go much lower. In a chat with Bloomberg
Winter is showing its first signs in the northeastern United States. Two quick-moving storms, known as clippers, are set to bring snow to a large area. These storms will travel from the northern Plains through the Ohio Valley and then move off the mid-Atlantic coast. While some people might be excit
Europe is stepping up its game to help Ukraine. The finance ministers are meeting to talk about how to get money fast. They want to use Russian assets that are stuck in Europe. These assets were frozen because of Russia's actions in Ukraine. The idea is to use these assets to give Ukraine the funds
Greece's Finance Minister, Kyriakos Pierrakakis, just got a huge promotion. He's now the head of the Eurogroup, a group of finance ministers from countries that use the euro. This is a big deal for Greece, and the Prime Minister, Mitsotakis, is pretty happy about it. In a speech, Mitsotakis said th
In a recent decision, Pennsylvania's finance board ruled that graduate stipends are not subject to state income tax. This came after a University of Pittsburgh student argued that her PhD stipend, which she relied on to cover living expenses, should not be taxed. The board agreed, stating that the s
