Latest Articles
Ultra-Luxury Fashion House Balmain Creating ‘Omnichannel’ with Help of MINTNFT
By Darya Rudz
• 3 mins read
What Balmain is planning to do is to focus not on NFT drops and their trading but on immersive experiences and long-term relationships with customers.
Elon Musk Increases His Commitment for Twitter Takeover to $33.5B, TWTR Stock Goes Up
By Darya Rudz
• 3 mins read
Initially, Musk was committed to paying $27.3 billion in cash for the takeover. Now, as he increased this sum to $33.5 billion, the amount of debt he will have to take on from banks is lower.
Brazilian Largest Exchange Mercado Bitcoin Partners with Stellar to Work on CBDC for Brazil
By Darya Rudz
• 3 mins read
As a result of the partnership, SDF joins Mercado Bitcoin, CPQD, and ClearSale as part of the LIFT Challenge consortium. The latter focuses on identifying the technological feasibility, use cases, and infrastructure for launching Real Digital, Brazil’s CBDC.
WeWork Founder Raises $70M to Develop Blockchain-Based Carbon Trading Tools
By Darya Rudz
• 3 mins read
The biggest investor in the funding round has been Andreessen Horowitz (or a16z). Other investors included General Catalyst, Samsung Next, Invesco Private Capital, and more.
Russia’s Oldest Prison Turned Out to Be Crypto Mining Farm
By Darya Rudz
• 3 mins read
Currently, Russian law enforcement is investigating the case and examining one of the deputy directors for possible abuse of power.
CoinSwitch CEO: India Needs Regulatory ‘Peace, Certainty’ in Crypto Sector
By Darya Rudz
• 3 mins read
During the World Economic Forum in Davos, Singhal also noted that the taxation changes in India, new crypto advertising guidelines, and the recent curb on celebrity endorsements are significant work to streamline the sector.
Cisco (CSCO) Stock Tanks Following Company’s Forecast of Significant Revenue Decline
By Darya Rudz
• 3 mins read
According to the company, Covid-19 lockdowns in China and the war between Russia and Ukraine have been the key factors that affected its financial results.
Mastercard Adds Biometric Payment Method in Brazil
By Darya Rudz
• 3 mins read
Mastercard biometric payment feature will first launch this week as a pilot in five St Marche supermarkets in São Paulo, Brazil. Later, the company will expand the program.
Portugal Might Introduce Tax for Crypto Gains
By Darya Rudz
• 3 mins read
At present, the standard capital gains tax in Portugal for residents totals 28%, while personal income tax ranges from 14.5% to 48%. The corporate income tax is a flat rate of 21%, but there are also local and state surtaxes.
Bezos Criticizes Biden Administration Again, Accusing It of ‘Misdirection’ over Inflation
By Darya Rudz
• 3 mins read
Earlier, Jeff Bezos also accused Biden of spreading disinformation. It followed the president’s proposal to reduce inflation by ensuring “the wealthiest corporations pay their fair share” that he shared on Twitter.