expansion

Acorns Hires Former Amazon Executive as President, Hints at Crypto Options

Acorns, a popular investing and savings app, announced a former Amazon lead as company president and head of day-to-day operations.Sponsored Sponsored Earlier today the financial services app revealed David Hijirida as the new president. Hijirida was an executive at Amazon and CEO of the digital bank Simple Finance. During his 12 years at Amazon, he managed global payments and advertising.  This new hire comes as Acorns expected a public listing later in the year. The public listing is with the intentions of accelerating its mission of wealth building and overseas

VortexDeFi: One-stop DeFi asset management solution

The DeFi market is booming and while the space has seen an increase in the number of users, they can feel overwhelmed with the number of options available. While choosing a DeFi platform a user needs to consider factors such as the safety of their funds, APY yields combined with the ease of using the platform. Vortex DeFi offers its users a one-stop solution as an aggregator that provides seamless consolidated access to protocols such as Aave, Compound Finance, and YFI. What is Vortex DeFi? Vortex DeFi is a web-based

Adoption of Crypto by South American Countries and Implications for Gambling

South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country

Tai Hing Announces 2021 Interim Results

HONG KONG, Aug 27, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing Group" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 220 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its interim results for the six months ended 30 June 2021 ("1H2021" or the "Review Period").RESULTS HIGHLIGHTS-- Revenue increased by 16.4% to HK$1,532.7 million in 1H2021 (1H2020: HK$1,316.9 million) though both markets in Hong Kong and Mainland China still saw challenges

48,000% Returns? Popping the Hood on NFT Mania

On-Chain Markets Update by Lucas Outumuro, IntoTheBlockNFT mania continues to grow, with new drops popping up everyday and Ethereum’s gas prices consistently back above triple digits. The recent wave into NFTs was further amplified by Visa’s acquisition of a CryptoPunk and Budweiser’s buy of the beer.eth domain. Prices of notable NFT collections such as CryptoPunks and Bored Ape Yacht club had already been climbing throughout the past month and accelerated this week amidst the institutional interest coming into the space. This has led to impressive growth in volumes trading at OpenSea

Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments

Italian motorcycle company Soriano Motori will accept crypto payments for its bikes, becoming the first motorbike firm to do so. From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec. 14. According to the press statement, customers can utilize Bitcoin (BTC) as well as crypto coins like Ether

Winklevoss’ Gemini Adds Support for Hong Kong, Australian and Canadian Dollars

Gemini, a major cryptocurrency exchange founded by the Winklevoss brothers, has just added support for three new fiat currencies on its platform.According to an official announcement on Aug. 17, Gemini now allows users to trade in the Hong Kong dollar (HKD), the Australian dollar (AUD), and the Canadian dollar (CAD).The three new fiat currencies come in addition to the United States dollar, allowing Gemini users in Hong Kong, Australia, and Canada to buy and sell crypto with native currencies.However, HKD, AUD, and CAD are currently not offered through Gemini’s crypto

The Importance of Developing the Decentralized Finance Space

The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold cost-savings and improved efficiencies.But it doesn’t have to be a violent revolution. DeFi doesn’t necessarily need to overthrow the incumbent system. I believe that DeFi will complement traditional finance, force it to do better, and,

Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion

The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high. As shown on the chart below, the number of transactions doubled in the past six months to stand at 1.23 million per day. Ethereum 7-day average daily transactions. Source: CoinMetricsThis situation might seem very bullish at first, but one must remember both EOS and Tron (TRX) started as ERC-20 tokens before launching their own mainnet and running fully independent blockchains.A similar chain migration is happening on Tether’s USDT, a stablecoin

A Top Gold Bull Thinks an Exponential Bitcoin Price Expansion Is Imminent

Bitcoin has stalled after failing to hold above $12,000 for the second time in two weeks. The cryptocurrency trades at $11,450 as of this article’s writing, below the ever-important $11,500 level. Despite this weakness in the price of BTC, analysts remain long-term bullish on this nascent market. Joining his contemporary Raoul Pal, macro investor and gold bull Dan Tapiero says Bitcoin could soon go exponential. In a tweet published on August 10th, the BTC bull mentioned that the asset could literally 5-10x in the years ahead. This is a sentiment