Debt Box Urges Utah Federal Judge to Reject SEC’s Motion to Dismiss Enforcement Action
Debt Box, a software firm entangled in a legal battle with the United States Securities and Exchange Commission (SEC), has launched a countermove against the regulatory body’s attempt to dismiss the case. Filed on February 14, Debt Box’s response characterized the
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,” aim to provide investors
YouTuber KSI Accused of Pump-and-Dumps + More NFT News
Top NFT news today, February 15, 2024: ZachXBT and Coffeezilla accuse KSI of pump-and-dumps, Pandora’s sales volume over the month is nearly double that of Ordinals, and Pudgy Penguins floor price flies high. NFT Market Data The non-fungible token (NFT) market sales
China to Revise AML Law to Address Risks Associated with Virtual Assets
China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review
What is in house financing – Get All The Information
What is in house financing – Get All The Information Key Takeaways: In-house financing is a crucial aspect of various industries, allowing buyers to obtain funds directly from sellers, bypassing traditional lenders. Understanding in-house financing empowers consumers to make informed decisions, potentially saving
Blocklancer ICO (LCN): $300K Raised, 1 Billion LNC Cap
Blocklancer ICO (LCN): $300K Raised, 1 Billion LNC Cap Quick Look Blocklancer aims to revolutionise freelancing with a Distributed Autonomous Job Market on the Ethereum platform. Introduced token LCN, raising $300,000 with a hard cap set at 1 billion LNC. User feedback led to
Japan’s GDP Dips 0.4%, Enters Recession
Japan’s GDP Dips 0.4%, Enters Recession Japan’s GDP contracted by 0.4% in Q4 2023, marking two consecutive quarters of economic contraction. Despite the Recession, external demand and exports surged by an annualised 11%, buoyed by the weak yen. Japan’s unemployment rate dropped to
What Is Allocative Efficiency – Get All The Information
What Is Allocative Efficiency – Get All The Information Key Takeaways: Allocative efficiency occurs when resources are allocated optimally to fulfil societal desires, such as constructing houses in high-demand areas. Resource allocation is vital for economic growth, as inefficient production can hinder output
Depreciation and Amortization: What’s the Difference?
Depreciation and Amortization: What’s the Difference? Key Takeaways: Depreciation and amortization allow businesses to deduct the costs of assets over time, offering tax benefits and better financial management. Amortization reduces tax liability by spreading out the cost of intangible assets over their useful