Notably, the firm raised a staggering $1.1 million within 90 minutes in the funding round that attracted about 7,000 investors. The funding was conducted in collaboration with Crowdcube, a crowdfunding platform. Wirex CEO Pavel Matveev talked about the implication of the record funding by the company. According to Matveev: Wirex ambitious expansion plan The latest funding will enable Wirex to solidify its ambitious expansion plans. The company recently announced that it will b undergoing a product overhaul with the launch of five new currencies on the platform in Eastern European countries, as well as an upcoming release multi-currency Mastercard card, and an upgrade of its rewards scheme....

For the season, different crypto brands pumped $100-$150 million to emerge second overall behind technology companies that invested over $170 million, Spotico reports. The input by crypto companies contributed to the NBA’s record cumulative sponsorship of $1.6 billion. During the previous season, sponsorship by crypto firms ranked in the 43rd spot, a period when the market was bracing for a take off in value and institutional adoptions amid the economic impact of the pandemic....

About Currency.com Currency.com is a cryptocurrency and tokenised securities exchange that is regulated by the High Technology Park in Belarus and has offices in London, Cyprus, Minsk, Kyiv, New York, and Singapore. The platform provides traders with a diverse range of assets, including cryptocurrencies, tokenised versions of gold, stocks, and S&P 500 indexes, on top of tokenised government bonds that can be easily transferred, converted into fiat currency, and traded. Launched in 2018, it provides its customers with the speed, agility, and asset variety needed across modern-day markets....

In spite of concerns about ongoing market volatility, DBS believes Bitcoin (BTC) continues to provide ‘a unique’ opportunity owing to its capacity to engage in continuous trading without the need for a central party for clearing transactions, as per a report published by finews.asia on October 14. DBS investment strategist Daryl Ho said: Bitcoin’s unique factor is its usefulness According to Ho, the distinctiveness of Bitcoin is not based on its price but rather on its usefulness, which enables money to be transferred in a decentralized way without the need of a central counterparty to clear the deal....

In a Twitter post on June 19, Musk affirmed his support for Dogecoin and confirmed he is still accumulating the meme token despite undergoing massive losses. Consequently, by press time, DOGE was trading at $0.056 with gains of about 7% in the last 24 hours. However, the weekly chart has recorded losses of over 13% in line with the general market price movement. Musk facing lawsuit for supporting DOGE Musk’s affirmation comes after he was sued alongside his two companies Tesla and SpaceX in a $258 billion lawsuit....

In particular, Timothy Stebbing, a Dogecoin Foundation director, in a tweet posted on August 14, lauded the protocol noting that it will likely bring growth to the network. Stebbing was responding to Dogecoin developer Shafil Alam who revealed that he has complied Libdogecoin for iOS and Android devices. He stated that the Libdogecoin protocol also means that there are numerous ways to build more mobile apps for the meme coin network....

The rising interest in DOGE, which was launched in 2013, may be ascribed in part to the token’s large returns in 2021, as well as endorsements from celebrities, such as Tesla CEO Elon Musk, who recently enabled DOGE to be used to buy Tesla (NASDAQ: TSLA) “merch.” However, aside from that, the decentralized token is continuing to make strides in the crypto ecosystem as regulation and crypto market maturity are increasing, as evidenced by the recent stance on digital assets taken by countries such as Russia and India, as well as Ukraine, which recently legalized Bitcoin....

In a Twitter Space, Musk reportedly told over 60,000 listeners that he had initially never heard of Bankman-Fried, but when he got a chance to speak with him, something did not seem right, CoinDesk reported on November 12. Musk’s interaction with Bankman-Fried centered around the Twitter (NYSE: TWTR) acquisition deal in which the FTX founder had expressed interest. Musk’s impression of Bankman-Fried In the November 11 Twitter Space, Musk added that despite major industry players praising Bankman-Fried, he remained skeptical regarding his potential to come through in the deal....

The Coronavirus pandemic that expanded all over the world has affected the rollout of the 5G technology. Despite these problems, Ericsson continues to be among those companies that consider that the technology will revolutionize the world. Ericsson Confident About 5G Rollout There are several telecommunication companies in the industry that have large plans regarding the 5G technology. Indeed, the COVID-19 crisis shows that it is strictly necessary to improve our networks and their reliability....

Indeed, the European Union is the latest entity to propose a new law that seeks to establish grading measures to encourage the use of environmentally friendly assets operating on protocols like the Proof-of-Stake (PoS), Bloomberg reported on October 18. Under the law, the EU seeks to develop an energy efficiency label for assets like Bitcoin as part of containing energy consumption in the sector. Cross-border cooperation According to the EU, the draft law will be enhanced through cross-border cooperation while challenging member states to reign in miners’ energy consumption during winter....

The new hire has an extensive background in regulatory and legal affairs, strategic market development, and institutional business development. Goodbody has previously worked in the digital assets, fintech, and financial markets industries. Official reports reveal that Goodbody will focus on growing innovative products customized for their retail and institutional users. Changpeng Zhao (CZ), the Binance CEO, said: Before joining Binance, Goodbody was the Head of Europe and the Americas at Huobi....

Additionally, Bovill financial consultancy firm believes that the new measures will make the UK less attractive for investors. The country’s economy is currently receiving a double blow from COVID-19 and Brexit. Thus, these measures may crumble the economy further. All regulated firms have one month left to respond to the FCA’s consultation paper on the new regulations. Around 33% of the UK’s 3,844 MiFID investment firms are exempt from the European Union’s Internal Capital Adequacy Assessment (ICAAP)....

Indeed, filings show executives from Fidelity Digital Assets, including Tom Jessop, met with SEC regulators in a private video call, according to Bloomberg. Among Fidelity’s arguments for the regulator’s approval of the proposed product were the growing investor interest in virtual currencies, the growth of Bitcoin holders, and other similar funds existing in other countries such as Canada. Firms competing to launch Bitcoin ETF Several businesses plan to develop Bitcoin ETFs or Bitcoin futures-based ETFs, which cryptocurrency supporters see as a crucial step in expanding the virtual currency’s reach....

Over the last six weeks, there has been a consistent increase in the price of Filecoin, which has led to the coin reaching its current price of $10.04, up 20.3% in the last 24 hours with a market cap of $2.4 billion. This swift rise helped buyers break out of a six-week consolidation period that had been taking place below the $6.3 resistance level. In addition, the increased bullish momentum has lately broken above the $9....

In a new year newsletter issued at the start of January by the company’s CEO, Yosuke Matsuda, he acknowledged plans to venture into the blockchain space are progressing despite the industry being weighed down by the general drop in cryptocurrency prices. However, Matsuda did not delve into the type of blockchain games likely to be rolled out later by the company behind popular titles such as Final Fantasy and Dragon Quest....

About Fluidity Money The protocol aims to solve the increasingly glaring crypto problem of spending vs. holding. This challenge is growing as a result of the increasing popularity of open or decentralized finance (DeFi), which incentivizes users to lock their assets to earn passive returns. With Fluidity, users are encouraged to spend their fluid assets by engaging in normal day-to-day transactions. However, unlike a ‘normal’ transaction that lacks a spending incentive, the protocol randomly rewards people for transacting using their fluid tokens....

Prices for wheat per bushel reached $10.95 on March 14, 2022, marking the highest level in 14 years and a 77% increase over the previous 12 months, as compared to $6.18 recorded over the equivalent period the previous year. Interestingly, on March 7, 2022, the worldwide wheat price reached an all-time high of $12.94 a bushel, setting a new record. The war has resulted in high supply disruption that jeopardizes food security in regions dependent on Russia and Ukraine produce....

The transaction that entailed a combined series of 35-day term transactions involved an unspecified amount of hundreds of millions of dollars, as per a press statement by HQLAx published on July 20. HQLAx designed ISIN-level securities trackers dubbed Digital Collateral Records (DCRs) to execute the transaction. The feature was from loaned securities received from BNY Mellon, the liquidity provider in return handing Goldman Sachs a digital copy of the trades....

After adding the credential to your name, you must also update your education and certifications because, most likely, anyone who comes across your LinkedIn profile will look for information connected to your CPA title. This article will walk you through the steps to adding CPA to LinkedIn. Let’s talk about this in more detail. How To Add CPA to LinkedIn Becoming an accountant is challenging, so once you’ve finished your studies and obtained your license, you will want to flaunt it professionally....

There is a lot of competition among job seekers on LinkedIn, and adding the volunteer experience section can give you an upper hand in helping you to stand out. Do you know how to add a volunteer section to your LinkedIn profile? This guide covers why adding a volunteer experience section to LinkedIn is important. We will see the steps to follow for that for mobile and desktop. Also, we will discuss the best tips for adding the volunteer experience section to make it stand out and win you jobs....