Trade in agricultural products between the U.S. and Mexico is massive: the U.S. ships nearly $20 billion in farm exports to Mexico each year. But that relationship could be in jeopardy.
SEATTLE — POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has entered the CBD market with […]
Satellite communications equipment maker SatixFy said March 8 it has agreed to go public by merging with a special purpose acquisition company, shrugging off market uncertainty that helped dash weather startup Tomorrow.io’s SPAC plans the day before.
Cryptocurrency derivatives are excellent financial instruments to invest in for a variety of reasons, whether the underlying cryptocurrency is bullish or bearish. Crypto options, in particular, serve as an excellent hedge, balancing the volatile nature of cryptocurrencies while also providing opportunities for those looking to profit from the volatility. The growing demand for crypto derivatives …
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]
Changpeng Zhao (CZ), the founder and CEO of the world’s largest cryptocurrency exchange Binance, just called himself simply to be one of those crypto sales guys despite being the wealthiest crypto entrepreneur in the world, with a net worth of nearly $100 billion. I Get People to Buy Crypto in a Subtle Way: Changpeng Zhao In a latest tweet posted today, Binance CEO, Changpeng Zhao randomly stated that he is ‘one of those crypto sales guys.’ However, he clarified that he doesn’t just sell cryptocurrencies but gets people to buy them in a subtle way. I don't sell crypto. I just get more people to buy, in a subtle way. — CZ 🔶 Binance (@cz_binance) March 5, 2022 Perhaps his salesmanship skill is on point considering that Binance generated at least $20 billion of revenue last year, according to a Bloomberg analysis of its trading volume and fees in January. At the time, Binance disputed the accuracy of Bloomberg’s estimates of the firm’s market value to say ‘Crypto is still in its growth stage.’ In 2017, Zhao launched Binance which managed to raise nearly fifteen million dollars in an initial coin offering (ICO) that very year. In less than eight months, Zhao grew Binance to be the largest cryptocurrency exchange in the world by trading volume. One of the World’s Richest Billionaires As of January 2022, Bloomberg Billionaires Index estimated Zhao’s net worth somewhere near $100 billion making him to be one of the richest persons in Canada and the world’s 11th richest person. As a result, this brings him into a league of tech billionaires including Jeff Bezos, Elon Musk, and Mark Zukerberg among others. However, Zhao’s fortune could be significantly larger, as the wealth estimate doesn’t take into account his personal crypto holdings, which include Bitcoin and his firm’s own token BNB which surged roughly 1,300 per cent last year.
An external hacker can breach an organization's network in 93% of cases. DesignRush partners with NordLayer to cover the biggest network security issues in 2022.
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital […]
The Russian banking system is at risk of crashing down after being kicked out of SWIFT and sanctioned with a foreign subsidiary already verging on bankruptcy. Sberbank’s stock price on...
Ethereum over the last two days has recovered by 20.88% from its lows of $2598. And, as the market is beginning to shift gears, the king altcoin is looking at a much bigger growth now. Well, that can only be possible if the bullish pressure continues to build up. All rise! But Ethereum first Three […]