long-term

Web3 Startup Community Gaming Announces Layoffs Due to Decline in Esports Industry.

Web3 Startup Community Gaming, a company that specializes in creating blockchain-based gaming platforms, has announced that it will be laying off a significant portion of its workforce due to a decline in the esports industry. The layoffs come as a result of the COVID-19 pandemic, which has caused a significant decrease in the number of esports events and tournaments being held around the world.Community Gaming was founded in 2018 with the goal of creating a decentralized platform for esports tournaments and competitions. The company's platform uses blockchain technology to provide

How to Retain Control of Your Startup: Advice from SaaStr

Starting a business is a challenging endeavor, and it can be even more difficult to retain control of your startup as it grows. However, it is crucial to maintain control of your company to ensure that it stays true to your vision and values. In this article, we will explore some advice from SaaStr on how to retain control of your startup.1. Choose the Right InvestorsOne of the most important decisions you will make as a startup founder is choosing the right investors. It is essential to find investors who

“Legacy Auto Company in China Struggles with Unsellable Cars Amidst Impending Pollution Crisis”

Legacy Auto Company, a major automobile manufacturer in China, is currently facing a significant challenge. The company is struggling with a large inventory of unsellable cars due to the impending pollution crisis in the country. This situation has created a major headache for the company, which is now grappling with how to dispose of these vehicles without causing further harm to the environment.China is currently facing a severe pollution crisis, with air pollution levels in many cities reaching hazardous levels. The government has responded by implementing strict regulations aimed at

GBPUSD reaches 1.30 with the help of a triple zigzag pattern.

The GBPUSD currency pair has been on a steady climb in recent weeks, reaching the 1.30 level with the help of a triple zigzag pattern. This pattern is a complex corrective wave structure that is commonly seen in Elliott Wave Theory.The triple zigzag pattern is made up of three zigzag patterns, each labeled as A, B, and C. Each zigzag pattern consists of three waves, labeled as A, B, and C. The first zigzag pattern is labeled as A, the second as B, and the third as C. The overall

Jeffrey Gundlach, Billionaire ‘Bond King’, Forecasts Significant Rate Cuts by the Fed in the Near Future

Jeffrey Gundlach, the billionaire bond king and CEO of DoubleLine Capital, has recently made headlines with his prediction of significant rate cuts by the Federal Reserve in the near future. Gundlach is known for his accurate predictions in the bond market, and his latest forecast has caught the attention of investors and economists alike.Gundlach's prediction comes at a time when the US economy is showing signs of slowing down. The ongoing trade war with China, coupled with weaker global growth and geopolitical tensions, has led to concerns about a potential

Decrypt Reports Cathie Wood’s Purchase of Coinbase Stock After Recent Dip and Sell-Off

Cathie Wood, the founder and CEO of Ark Invest, has been making headlines in the investment world for her recent purchase of Coinbase stock after a dip in its value. The move has sparked interest and speculation among investors, with many wondering what led Wood to make this decision.Coinbase, a cryptocurrency exchange platform, went public in April 2021 and saw its stock price soar to almost $430 per share on its first day of trading. However, the stock has since experienced a significant dip, with its value dropping to around

Bitcoin Price Drops as Binance Halts Spot Trading on a Temporary Basis

On May 19, 2021, the price of Bitcoin dropped significantly as Binance, one of the world's largest cryptocurrency exchanges, announced that it would temporarily halt spot trading due to technical issues. The announcement sent shockwaves through the cryptocurrency market, with many investors and traders scrambling to sell their holdings before the price dropped further.Binance is a popular exchange that allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin. The exchange has been at the forefront of the cryptocurrency industry for several years, and its

Exploring the Potential of Subscriptions as a Key Component of eCommerce’s Future

The eCommerce industry has been growing at an unprecedented rate in recent years, and it is showing no signs of slowing down. With the rise of online shopping, consumers are becoming increasingly comfortable with purchasing products and services online. As a result, eCommerce businesses are constantly looking for new ways to attract and retain customers. One strategy that has gained popularity in recent years is the use of subscription-based models.Subscription-based eCommerce models involve customers paying a recurring fee for access to a product or service. This can include everything from

Interior Minister Reports Arrest of Terraform Labs Co-Founder Do Kwon in Montenegro

On August 18, 2021, the Interior Minister of Montenegro announced the arrest of Do Kwon, the co-founder of Terraform Labs, a blockchain technology company. Kwon was apprehended on charges of money laundering and organized crime, according to the statement released by the ministry.Terraform Labs is a blockchain technology company that operates the Cosmos Network, which is a decentralized network of independent blockchains. The company's mission is to create an open and transparent financial system that is accessible to everyone. Kwon, who is a South Korean national, co-founded the company in

IPCC Affirms Significance of Carbon Removals in Achieving Climate Objectives

The Intergovernmental Panel on Climate Change (IPCC) has recently released a report that affirms the significance of carbon removals in achieving climate objectives. The report highlights the importance of reducing greenhouse gas emissions and removing carbon dioxide from the atmosphere to limit global warming to 1.5°C above pre-industrial levels.Carbon removals, also known as negative emissions, refer to the process of removing carbon dioxide from the atmosphere and storing it in long-term storage solutions such as forests, soil, and oceans. This process is essential in achieving climate objectives as it helps

US Officials Discuss the Possibility of Increasing Deposit Insurance Coverage

In the wake of the 2008 financial crisis, US officials are discussing the possibility of increasing deposit insurance coverage. Deposit insurance is a type of insurance that protects depositors in case their bank fails. Currently, the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance coverage up to $250,000 per depositor, per insured bank.The idea of increasing deposit insurance coverage has gained traction in recent years, as many people are still wary of the banking system after the financial crisis. The FDIC has been advocating for an increase in deposit insurance