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Billionaire investor Bill Ackman has made a major shakeup to his portfolio. His hedge fund, Pershing Square Capital, sold off a significant chunk of its holdings – $1.039 billion worth of Canadian Pacific Railway stock. Goodbye Trains, Hello Amazon This move, which represented 8.7% of Pershing Square’s assets, wasn’t a sign of losing faith in…
A huge data breach at Ascension, a Missouri-based healthcare company, has exposed the personal information of nearly half a million Americans. The leak includes highly sensitive data, prompting concerns about identity theft and fraud. What Information Was Leaked? The breach involved a “hacking/IT incident,” according to the Department of Health and Human Services. Ascension confirmed…
Economist and trader Alex Krüger predicts a Bitcoin price surge. He’s forecasting a jump to $120,000 in June, fueled by a significant event. The FTX Factor Krüger believes the upcoming payout of roughly $5 billion to FTX creditors will boost Bitcoin’s price. He thinks this large sum of money will mostly end up back in…
The crypto market is super volatile, especially for meme coins. But even with the ups and downs, one Solana-based meme coin, BONK, is seeing some serious buying activity. Smart Money is Betting on BONK According to The Solana Post, BONK is a hot commodity among “smart money” investors – those who tend to pick winners…
The FBI and international partners have seized over $24 million in cryptocurrency from a Russian malware mastermind, Rustam Rafailevich Gallyamov. Gallyamov is accused of leading the development and distribution of the notorious Qakbot malware. Qakbot: A Malware Empire Qakbot, a sophisticated piece of malware active since 2008, was used to infect computers worldwide. Gallyamov allegedly…
Bitcoin’s back and roaring! Experts are predicting a massive surge, possibly hitting $125,000 by the end of Q2. This presents a golden opportunity for savvy investors, and BTC Bull Token ($BTCBULL) looks like a prime contender to capitalize on this boom. Bitcoin’s Booming Market: A Quick Look Bitcoin’s price is skyrocketing, with short-term traders already…
Changpeng Zhao (CZ), Binance’s co-founder, slammed the Wall Street Journal (WSJ) for what he calls a biased anti-crypto article, accusing them of using misleading information and negative assumptions. He believes this is part of a larger effort to undermine the US crypto industry. CZ Denies Being a “Fixer” The WSJ article claimed CZ acted as…
AI’s rapid advancement brings a serious ethical concern: algorithmic censorship. Governments and corporations could easily use AI to control global conversations, and the technology is developing faster than our ability to address this. The Growing Power of AI Censorship Since 2010, the power of AI systems has increased tenfold every one to two years. This…
Wells Fargo economists don’t think Trump’s tariffs will bring many manufacturing jobs back to the US anytime soon. They say higher prices and uncertainty are hurting businesses’ ability to hire. Higher Costs, Fewer Jobs The economists explain that higher costs from tariffs force companies to either accept lower profits, raise prices for consumers, or do…
Binance, the world’s biggest crypto exchange, is adding a new altcoin called Sophon (SOPH) to its Binance Alpha platform. This early-access platform lets users check out new Web3 projects before they become widely known. Sophon: Gaming and Beyond Sophon is designed to make blockchain technology more user-friendly, focusing on everyday applications like gaming. It’s a…
