Ceo Bonuses At The Top 10 Tech Giants Soared 400 Amid The Pandemic

According to data gathered and calculated by Finbold, the CEO bonus at the ten top tech companies surged 400% on average during the pandemic between 2020 and 2021. Tan Hock Eng from Broadcom (NASDAQ: AVGO) was the highest gainer by a whopping 1,586%, from $3.6 million to $60.7 million. Oracle’s (NYSE: ORCL) Safra Ada Catz ranked the second-highest, with her compensation growing 999%. Apple’s (NASDAQ: AAPL) Tim Cook was also among notable gainers, with his bonus surging 571....

December 24, 2022 · 4 min · 683 words · Donald Swensen

Coinbase Becomes First Company To Earn Crypto Custody License In Germany

In a press release, BaFin indicated that Coinbase is the first company to earn a crypto custody license in Germany. The license follows a 2019 legislation where the country’s parliament required companies in the crypto custody sector to apply for a permit or seize operations in Germany. On January 1, 2020, firms with operations were supposed to show their intention to file for recognition by March 31. The official application was to be done by November 30....

December 24, 2022 · 2 min · 271 words · Ann Bennett

Coinbase To Halt Ethereum Transactions During The Merge As A Precautionary Measure

The exchange is set to briefly pause all withdrawals and deposits involving Ethereum until the entire Merge migration scheduled for around September 15 is complete, Coinbase stated in a blog post published on August 16. According to the exchange, the move is a precautionary measure to facilitate smooth trading of the asset and other ERC-20 tokens once the migration is complete. The exchange acknowledged that after the transition, Ethereum will offer a seamless experience to users....

December 24, 2022 · 2 min · 245 words · Robert Desai

Crashing Markets Result In A Record Number Of Crypto Heists In History Statistics

In particular, according to data presented by Finbold, in 2022, the number of cryptocurrency-related heists hit 190 as of December 9, representing a growth of 43.93% from last year’s figure of 132. Notably, the number of heists hit double digits for the first time in 2018 at 38, a record growth of over 320% from the 2017 figure of 9. The lowest number of incidents was recorded in 2011 at 4....

December 24, 2022 · 4 min · 695 words · Valerie Ransom

Crypto Community Makes Bullish Binance Coin Bnb Prediction For The End Of September

Amid the cryptocurrency market volatility, crypto investors and traders are trying to estimate where BNB, the native token of Binance, one of the world’s largest crypto exchanges, will trade by the end of September. The community of voters at CoinMarketCap has made bullish predictions on the price of BNB by using the ‘Price Estimates’ feature, anticipating that the price of BNB will be an average of $360.91 on September 30, 2022....

December 24, 2022 · 2 min · 285 words · Edwardo Percy

Crypto Market Analyst Identifies Bullish Party Time Trigger For Cardano

Upon detailed examination of Cardano, crypto trading expert Michaël van de Poppe has identified one possible trigger that might change the game for the biggest Proof-of-Stake (PoS) asset, and revealed it, along with a chart illustrating his analysis via Twitter on July 6. According to van de Poppe, the “party time trigger is at $0.48,” adding that “until then, [ADA is] still resting on support.” If what van de Poppe predicts materializes, it would go in line with some of the Cardano price projections made by both the crypto community and a deep learning algorithm that predict a bullish surge for the token....

December 24, 2022 · 2 min · 259 words · Mark Carruthers

Crypto Market Loses 55 Of Its Capitalisation In 2022 As Bitcoin Drops Below 24K

As of June 13, the general crypto market capitalisation was at $964 billion, dropping from $2.16 billion recorded on January 1, a loss of over 55% or $1.19 trillion, according to CoinMarketCap data. The crypto sector began the year after a successful 2021, with the overall market capitalisation hitting an all-time high of almost $3 trillion in November. The market cap last stood below $1 trillion in early 2021. Most of the losses have accelerated this week, with Finbold’s report indicating that the crypto market wiped out over $280 billion within seven days....

December 24, 2022 · 2 min · 399 words · Claude Weiner

Cryptocurrencies To Watch In December 2022 Analysis

Taking into account the price movements and relevant factors that could make or break cryptocurrencies, there are several decentralized finance (DeFi) tokens to watch for during the concluding month of 2022. Bitcoin (BTC) As it happens, the most noteworthy crypto coin for December this year is Bitcoin (BTC), the flagship asset that has recently demonstrated a long-awaited move out of the bearish trading pattern and toward a bullish November close as it tries to break the crucial level at $17,000....

December 24, 2022 · 4 min · 764 words · Aaron Jackson

Data Reveals Users Don T Exit The Crypto Market But Rather Diversify Their Portfolios

However, research reveals that crypto users have not abandoned the market due to the volatility but are instead diversifying their holdings, according to findings from Mercuryo crypto wallet shared with Finbold on July 20. Mercuryo notes: The cryptocurrency wallet and business payments platform opines that this could be an indication that retail investors are showing some resiliency despite the volatility that is currently present in the market. CEO of Mercuryo, Petr Kozyakov, said:...

December 24, 2022 · 1 min · 205 words · Carlos Christensen

Defi Industry In A Very Positive Light Hashkey Capital Report Reveals

According to information shared with Finbold by Hashkey Capital, a Singapore-based leading Asia’s crypto fund, the DeFi space in 2022 attracted capital from venture capitalists who pumped money into different protocols. In general, the DeFi industry partly benefited from the $14 billion that was channeled toward 725 cryptocurrency projects. At the same time, in 2022, DeFi users recorded an average growth of 44% quarter-over-quarter. Indeed, the growth rate highlights the DeFi potential to record increased adoption considering the sector hit the milestone of five million user wallets....

December 24, 2022 · 2 min · 344 words · Maria Espinoza

Designing Active Directory For A Soho Network

While the implementation is quite simple, aside from Active Directory, the DHCP and DNS services must be configured correctly, or your client PCs will not be able to communicate properly with your Active Directory Domain Controller(s). A typical network design would be as follows: The figure above depicts a simple network able to host up to 254 host IPs on the internal private local area network. If more than 254 nodes are required, the subnet mask can be expanded to allow more hosts....

December 24, 2022 · 3 min · 550 words · Faye Nyhus

Digital Euro Will Only Succeed If It S Part Of Europeans Everyday Lives Ecb Says

On Wednesday, July 13, the European Central Bank revealed its key objectives of the digital euro in a blog post that was co-written by the bank’s President Christine Lagarde and executive board member Fabio Panetta. An accompanying paper outlined some fundamental design considerations for a public-facing form of a digital version of the single currency used by the European Union. Specifics of Digital Euro design still not known The two said in the post that it is too soon to agree on the specifics of the design; nonetheless, the bank anticipates that the inquiry phase of the project will be completed in the fall of 2023....

December 24, 2022 · 2 min · 304 words · Joseph Cornell

Ethereum Could Break Above 3 000 In 2023 Here S What Technicals Suggest

Observing its historical price action, Ethereum could break above $3,000 in 2023, at least according to the tweet and chart posted by the pseudonymous crypto trader and LedgArt co-founder Kaleo on October 27. Taking the chart into account, the decentralized finance (DeFi) asset is demonstrating an upwards trendline, which indicates that the price is making higher swing highs and lower swing lows, resulting in a shift in a positive direction....

December 24, 2022 · 2 min · 388 words · Bill Godfrey

Ethereum Is Set To Become Deflationary Post Merge Historical Data Shows

One of them is Lucas Outumuro, the director of research at data analytics startup IntoTheBlock, who posted a chart on his Twitter account on July 22, demonstrating the historical data of Ethereum’s net issuance, as well as its projection beyond the Merge. Commenting on these findings, Outumuro stated that: Analyzing Ethereum’s behavior after another major upgrade – the EIP-1559 in August 2021, he explained that the token’s net issuance was likely to range between -0....

December 24, 2022 · 2 min · 354 words · Theresa Robinson

Ethereum Transaction Fees Drop To A 6 Month Low As Nft Demand Slows

In a tweet on March 9, the cryptocurrency data aggregation and analytics platform CryptoRank confirmed this information providing a full chart showing the evolution of Ethereum gas fees since October 2020 to substantiate the data. These statistics were supported by the crypto market analytics firm CoinMetrics in a tweet published on March 9, along with a chart of the gas fees’ movements over time. As per Etherscan.io data, the average cost of transacting on Ethereum at press time was 40 gwei or $2....

December 24, 2022 · 2 min · 271 words · Betty Wilcox

European Parliament Adopts A Proposal To Ban Unpaid Internships Finbold

The adoption is part of the EU lawmaker’s bid to support young people. Currently, the EU member states are facing high youth unemployment rates with the situation being complicated further due to the coronavirus pandemic. European Parliament President David Sassoli had earlier stressed the importance of abolishing unpaid internships. According to Sassoli: The adoption by the EU parliament has received support from several organizations like the European Youth Forum. The forum urged member states to adopt the proposal and uphold youth rights and introduce binding quality standards....

December 24, 2022 · 1 min · 182 words · Anette Nelson

Gambling Operators Fined 24M In Q1 2021 54 Of All 2020 Figures

Data gathered and calculated by Finbold indicates that fines in regulated gaming markets hit £24.22 million during Q1 2021 over various violations. The figure accounts for 54.18% of all the £44.71 million fines imposed in 2020. During the first quarter of this year, February registered the highest fines at £14.95 million, a growth of 712% from January’s figure of £1.84 million. In March, the fines stood at £7.43 million. During the quarter, UK-based Casumo was the most hit entity after incurring £6 million in fines, followed by Sweden’s Snabbare at £5....

December 24, 2022 · 3 min · 519 words · Elizabeth Gallegos

German Prosecutors Seize 60M In Bitcoin But Can T Access It

Police from the Bavarian town of Kempten has unsuccessfully made attempts to unlock the wallet with over 1,700 BTC. The fraudster has served his jail term more than two years after a guilty verdict for secretly installing software on other computers to mine Bitcoin. However, authorities are not ruling out the possibility he is not aware of the password. The prosecutors have, however, ensured he cannot access the assets. At his sentencing, the Bitcoin stash’s value was a fraction of the current value....

December 24, 2022 · 2 min · 224 words · Michael Harris

Gold Price Rallies Before Plummeting Amid Hopes Inflation Rate Will Cool Off

On Thursday, June 30, the value of gold was up 0.40%, trading at $1,824 an ounce, an indicator the precious metal might emerge from its worst quarter since early 2021, according to a Kitco News tweet which highlighted the rise in the price per ounce. The short gains coincided with the U.S. annual core PCE price index that hit 4.7% in May, slightly missing the consensus forecast of 4.8%. Notably, the indicator is a key metric used by the Federal Reserve for projecting the course of inflation, which has been skyrocketing in recent weeks....

December 24, 2022 · 2 min · 301 words · Ben Poe

Heineken Stock Recovers As Brewer Announces Decision To Pull Out Of Russia

After Russia invaded Ukraine, the brewer announced that it would stop investments and exports to Russia, but it has since escalated its approach. This move is expected to cost Heineken roughly €400 million in legal fees and other exceptional charges. Although it has been present in the Russian market since 2002, when it acquired its first brewery in St. Petersburg, the company is now ready to take a financial loss just to divest its Russian assets....

December 24, 2022 · 2 min · 316 words · Kenneth Keen