South Korea bans Crypto, Ethereum hit an all time high. MoneyGram and Ripple team up. Arizona considers letting residents pay taxes with digital currency. John Detrixhe, future of finance reporter at Quartz weighs in on all the latest headlines.
Do you wish you could just pay for the gym on the days you use it instead of investing in a year-long or month-long membership? POPiN is a startup that enables users to pay for the gym only when they use it.
Overstock.com CEO Patrick Byrne discusses the glitch that caused the website to unknowingly accept Bitcoin cash instead of Bitcoin.
The Wrap releasing a report saying Viacom and CBS are looking to merge. With competitors such as Walt Disney and Time Warner getting bigger through multibillion-dollar deals - pressure is building on Viacom and CBS to bulk up. A time frame for any potential merger is unclear.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
