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Rapper Wiz Khalifa was sentenced on Thursday to nine months in a Romanian prison following his arrest last year for possession of marijuana. Khalifa was arrested and briefly held in July 2024 after smoking onstage during his set at the Beach, Please! Festival in Costinesti. Prosecutors said the rapper, whose real name is Cameron Jibril Thomaz, was in possession of more than 18 grams of cannabis. In Romania, possession of marijuana for personal use can result in a prison sentence of between three months and two years, or a fine. Khalifa apologized at the time, writing on social media that he…

Coinbase, the largest US-based crypto exchange, has appointed George Osborne, a former United Kingdom chancellor of the exchequer, to run the company’s internal advisory council.The decision to appoint Osborne, who began working as a Coinbase advisor in 2024 during its battle with the US Securities and Exchange Commission (SEC), is part of Coinbase’s strategy of expanding its influence with foreign governments, according to Reuters.Osborne announced the new lead position on Thursday, framing it as a learning opportunity. He said:“Serving on Coinbase’s advisory council for over two years, I have seen the blockchain revolution and the potential to spread ownership to…

Brazilian stock exchange B3 announced a move deepening its ties to digital assets through the launch of a tokenization platform and stablecoin for settlements, starting in 2026.In a Tuesday notice to investors, B3’s vice president of products and clients, Luiz Masagão, said the exchange plans to launch a tokenization platform for traditional assets, starting with stock market offerings. He added that B3 would also issue its own stablecoin as “a tool to enable trading in tokens.”“The great value of having this tokenization platform connected to the traditional ecosystem is that assets are fungible,” said Masagão. “The token buyer won’t know…

A new Federal Reserve discussion paper finds that the US dollar’s role in global bond markets has risen and fallen in cycles over the past six decades, with no clear long-term trend toward either greater dollar dominance or de-dollarization.Using the Bank for International Settlements’ (BIS) international debt securities database, the authors identify three distinct “dollarization waves” since the 1960s, showing that shifts in currency use have followed cyclical patterns rather than a steady structural change in global financing.“We find no monotonic dollarization or de-dollarization trend; instead, the dollar’s share exhibits a wavelike pattern,” the paper says.The most recent wave emerged…

Not long before he died, Grandad said something that I thought was a little silly, a little old-fashioned.He declared that he didn’t trust the banks, and he didn’t want them to know what he did with his money. I scoffed at the time, paranoid old fella! But of course, it turns out I owe him an apology.As we were walking around his house, he motioned toward an off-white wall with an off-comfortable sofa in front of it. This piece of singularly ugly furniture hadn’t left its spot in more than a decade.The wall had a small square door that, when…

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is in talks to invest in crypto payments company MoonPay as part of the company’s latest funding round.MoonPay is seeking to raise funds at a $5 billion valuation, according to Bloomberg, which cited sources familiar with the deal and did not disclose the dollar amount of the potential investment.In October, ICE invested $2 billion in prediction platform Polymarket, in a funding round that brought the company’s valuation to $9 billion.MoonPay is a financial technology company that provides infrastructure for buying, selling and using cryptocurrencies through fiat on-ramps…

App developers looking to launch their programs in ChatGPT can now submit them for review and potential publication, OpenAI said Wednesday. The company also introduced a new app directory within Chat’s tools menu that has swiftly been dubbed an “app store.”  In October, the company announced the arrival of apps in its chatbot, explaining that the move would bring a broader suite of capabilities to ChatGPT users. Major platforms — including Expedia, Spotify, Zillow, and Canva — announced integrations that would allow users to access their services directly from Chat conversations. Now, the company is opening up the field to a…

Pickle Robot, which builds autonomous unloading robots for warehouses and distribution centers, announced a new chief financial officer just days after a report of a major deal with UPS. The Charlestown, Massachusetts-based company announced that it hired Jeff Evanson as its CFO on Thursday. Evanson had been consulting for the company since September and recently joined full time. Evanson previously served as the vice president of global investor relations and strategy at Tesla from 2011 to 2017. In that role, he worked directly with Elon Musk and helped the company raise debt and equity financing to support the launch of…

Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing near-term inflation pressure and reviving risk appetite across markets.Key takeaways:The lower-than-expected CPI print generated a positive response from Bitcoin as new positions opened versus the usual short covering.Onchain data shows “balance-sheet” repair and loss absorption for BTC, not capitulation.CPI print lifts BTC price as positioning rebuilds near $90,000According to crypto trader Back, Bitcoin’s post-CPI bounce has been accompanied by rising…

Ashely Claudino is an Evergreen Staff Writer from Portugal. She has a Translation degree from the University of Lisbon (2020, Faculty of Arts and Humanities). Nowadays, she mostly writes Fortnite and Sims 4 content for Game Rant. Winterfest is one of the most anticipated annual events in Fortnite, and it is live at last. Players can open a free gift in Fortnite until January 4. In total, there are 14 presents for gamers to open, ranging from adorable back blings to themed skins. Related Fortnite: How to Get More V-Bucks from the Chapter 7 Season 1 Starter Pack Some players…