Revolut News – Bellow In Gark http://bellowingark.org/ Wed, 21 Sep 2022 15:46:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://bellowingark.org/wp-content/uploads/2021/05/default1.png Revolut News – Bellow In Gark http://bellowingark.org/ 32 32 Banking Giant Launches VC for Crypto Investments, Paying Taxes with Crypto in the US, EOS Independence and More News https://bellowingark.org/banking-giant-launches-vc-for-crypto-investments-paying-taxes-with-crypto-in-the-us-eos-independence-and-more-news/ Wed, 21 Sep 2022 15:00:00 +0000 https://bellowingark.org/banking-giant-launches-vc-for-crypto-investments-paying-taxes-with-crypto-in-the-us-eos-independence-and-more-news/ Source: Adobe Stock / VTT Studio Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news.__________ Investment News nomura, one of Japan’s largest investment banks, is launching a new venture capital unit to invest in the crypto space. He named his new digital […]]]>
Source: Adobe Stock / VTT Studio

Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news.
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Investment News

  • nomura, one of Japan’s largest investment banks, is launching a new venture capital unit to invest in the crypto space. He named his new digital asset company digital laser and set up the holding company, Laser Digital Holdings S.A. in Swiss, said the press release. The first product launched will be Laser venture capitalwhich will invest in companies in the digital ecosystem, focusing on decentralized finance (DeFi), centralized finance (CeFi), web3 and blockchain infrastructure.
  • C Companiesa venture capital firm created by Hong Kong real estate mogul and billionaire Adrian Cheng, aims to raise a $200 million fund to invest in the crypto space, according at Bloomberg. It plans to invest in blockchain assets, credit, and private equity over the next 18 months as private company and digital asset betting prices bottom out.
  • Headquartera financial dashboard for web3 teams to manage their financial operations and reporting, announced it secured $5 million in a pre-seed round co-led by Capital Crypto.com, Forging companiesand Mass Mutual Venturesas well as Web3 funds including Capital Season, Coinhako, Longhash Ventures, Ocular, Capital Sky9and DWF Laboratories. The company plans to change the very manual way Web3 teams manage their finances, an announcement said.
  • British bitcoin trading desk CornerCorner has partnered with Seed groupa company owned by the family office of Sheikh Saeed bin Ahmed Al Maktoum. By Following the announcement, Seed Group will help CoinCorner expand its operations in the emirates and across the Middle East, while the fintech company will focus on creating a user-friendly platform for UAE residents to buy, sell, send, receive, and store bitcoin (BTC), in addition to providing local businesses with solutions to manage crypto.
  • Digital asset and blockchain technology company Metallic unveiled its Metal Pay API, a fully customizable and compliant solution that enables any consumer-facing financial service or business to respond to their customers’ interest in crypto-assets, said the announcement. The application programming interface (API) is an extension of Metal Pay’s established infrastructure that will allow partners to complement their core product offerings to generate new growth opportunities and competitive advantage, they said. .

Adoption News

  • Colorado, USA, residents can now pay state taxes with crypto-assets, Axios reported. Personal income tax, business income tax, sales and use tax, withholding tax, layoff tax and fuel excise tax are eligible, a he declared.

Blockchain news

  • The Foundation of the EOS network (ENF) today announcement the release of the Antelope Leap 3.1 consensus update and its “independence“The team declared that the servers update the network links with Block.one and Bullish.

Regulatory News

  • Indonesian Regulators Introduce New Rule Requiring Domestic Crypto Exchanges To Be Primarily Run By Its Citizens, Bloomberg reported. At least two-thirds of the administrators and commissioners of crypto exchanges must be Indonesians residing in the country, officials from the Ministry of Commerce and the commodity futures trading regulatory agency said in a briefing on Tuesday. parliamentary hearing in Jakarta.

CBDC News

  • The Central Bank of Iran will launch a central bank digital currency (CBDC) pilot project on Thursday, according in the country Chamber of Commerce, Industries, Mines and Agriculture. The design goal of the crypto-rial is to turn banknotes into a programmable entity, he added.

Exchange news

  • Coinbase announcement today that Coinbase Cloud launched a web3 developer platform, offering developers “a free and instant blockchain API [application programming interface] access with Node by Coinbase Cloud.” Node, formerly known as Query & Transact, has been providing dedicated, paid nodes to enterprises for read/write access to over 25 blockchains since 2020, he added.
  • Binance and FTX lead bid to acquire assets of struggling crypto lender digital travel, by the Wall Street Journal. Both have bids close to $50 million, while Binance’s is slightly higher of the two, he said.
  • bitget announcement exclusive bonuses, including a $300,000 prize pool and a BGB 1 million reward pool, to complement its recent launch of Zero Fee trading in spot markets.

Legal news

  • Stable Coins Issuer Attached has been order by a U.S. judge to produce financial documents relating to the USDT collateral, including “ledgers, balance sheets, income statements, cash flow statements, and profit and loss statements.” The company must also share details about its accounts during exchanges BitfinexComment, Poloniexand Bittrex. “The documents sought by the plaintiffs are undoubtedly important, as they relate to USDT support,” the judge wrote.
  • During bankruptcy proceedings in Canada, assets worth $2 million, including five luxury cars, were seized from 23-year-old Aiden Pleterski, the self-proclaimed ‘king of crypto’, the CBC reported. That’s still a far cry from what his investors say are owed to them, with creditors saying at least $35 million has been provided to Pleterski and his company. AP Private Equity Limited for crypto and currency investments. About 140 investors who handed over a collective $20 million responded to a call for information from an anti-fraud law firm investigating Pleterski, he added.

Payments News

  • London-based fintech Revolution announced that it has expanded its crypto offering to launch 29 new tokens for US users, through a new partnership with Apex Cryptoa subsidiary of Apex Fintech Solutions Inc. under the Apex Digital Assets activity area. Customers can now buy and sell a total of 36 cryptocurrencies directly in the Revolut app using available fiat currency.
  • payroll specialist deel announcement that its users can now link their accounts to Coinbase to get their salary in crypto. Coinbase has a feature that automatically converts your paycheck to crypto, which can be turned on and off at any time. Users can also deposit as little or as much of their salary as they want, he said.
  • AgriDex, an end-to-end supply chain platform and marketplace for the global food and agriculture industry, announced the launch of Fiat-on-Chain (FoC) payment technology. From September 23, FoC will be available for purchase on the AgriDex website in three currencies: GBP, EUR and USD. First announced in August, FoC says it has already earned more than $1 billion in interest on deposits and transactions.

Charity News

  • The foundation of Princess Charlene of Monaco has launched for the first time a collection of non-fungible tokens (NFT) to raise funds for the ‘feed2getherinitiative to feed hungry children in South Africa. According to an announcement, feed2gether is a program developed with the aim of helping children between the ages of 3 and 5. With the auction of this NFT collection, the foundation and feed2gether aim to raise $3 million. The NFT in fifteen pieces collection features paintings of countless children, each with a watermark of Princess Charlene’s face.

DeFi News

  • Navigate, the community platform where users contribute data and power the creation of decentralized applications (dapps), opened its first Data Vault on the Navigate platform. The vault allows drone users to upload their data and receive rewards in the form of Navigate’s native utility token, NVG8. This data will feed the platform’s initial application, Navigate Maps. Additional data vaults will be launched by Navigate in the coming months to allow users to download other forms of data sets, according to an announcement.

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WazirX Removes USDC Stablecoin, Converting User Holdings to Binance USD https://bellowingark.org/wazirx-removes-usdc-stablecoin-converting-user-holdings-to-binance-usd/ Mon, 19 Sep 2022 16:39:20 +0000 https://bellowingark.org/wazirx-removes-usdc-stablecoin-converting-user-holdings-to-binance-usd/ WazirX, one of India’s leading cryptocurrency exchanges, today announced that it will be removing USD Coin (USDC), Pax Dollar (USDP), and TrueUSD (TUSD), and automatically converting users’ existing balances to these three stablecoins in BUSD, the stablecoin developed by Binance. “WazirX has stopped deposits from USDC, USDP and TUSD, and we will not support any […]]]>

WazirX, one of India’s leading cryptocurrency exchanges, today announced that it will be removing USD Coin (USDC), Pax Dollar (USDP), and TrueUSD (TUSD), and automatically converting users’ existing balances to these three stablecoins in BUSD, the stablecoin developed by Binance.

“WazirX has stopped deposits from USDC, USDP and TUSD, and we will not support any new deposits,” the exchange said in a statement. announcement Monday. “To improve liquidity and capital efficiency for users, WazirX will implement automatic BUSD conversion for users’ existing balances of USDC, USDP, and TUSD stablecoins at a 1:1 ratio.”

The exchange clarified that it will freeze USDC, USDP, and TUSD withdrawals after 5:00 PM IST on September 23, followed by the delisting of spot market pairs for all three stablecoins on September 26. .

Automatic conversion of users’ existing USDC, USDP, and TUSD balances will be completed “on or before October 5,” WazirX added.

WazirX follows Binance in USDC delisting

Today’s news comes two weeks after a similar move by Binance, which used similar wording in its announcement to remove USDC and the other two stablecoins. The exchange said the move is “to improve liquidity and capital efficiency for users” and reserves the right to “modify the list of stablecoins eligible for automatic conversion.”

This also follows Binance recently denying its ownership of WazirX, despite stating the exact opposite in 2019.

In early August, Changpeng “CZ” Zhao, the founder of Binance, took to Twitter to comment on the 2019 announcement that Binance would acquire WazirX in a deal valued at $10 million, saying that “this transaction was never completed”. ”

WazirX co-founder Nischal Shetty denounced Zhao’s comments, saying that he and other co-founders own Zanmai Labs, which holds a license from Binance to mine INR-crypto pairs on WazirX.

According to Shetty, Binance, in turn, operates WazirX’s crypto-to-crypto pairs and processes crypto withdrawal, and that “WazirX as a product and brand is owned by Binance.”

Decrypt contacted Binance and WazirX, but had not yet received a response at the time of publication.

Zhao’s refusal of the deal follows reports from the Enforcement Authority (ED), India’s top financial law enforcement agency, accusing WazirX of breaching foreign exchange regulations. and froze $8.14 million in company assets.

WazirX said last week that its bank accounts had been unblocked following “active cooperation” with the ED via active anti-money laundering (AML) checks which saw the accounts of 16 companies fintech who used WazirX to direct crypto assets to “unknown foreign wallets”. being blocked.

Stay up to date with crypto news, get daily updates in your inbox.

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“I can’t stand all the scrolling, clicking, and zooming that online shopping entails, let alone the hassle of returns” https://bellowingark.org/i-cant-stand-all-the-scrolling-clicking-and-zooming-that-online-shopping-entails-let-alone-the-hassle-of-returns/ Sun, 18 Sep 2022 01:30:00 +0000 https://bellowingark.org/i-cant-stand-all-the-scrolling-clicking-and-zooming-that-online-shopping-entails-let-alone-the-hassle-of-returns/ Darragh Ó Caoimh (23) is from Kanturk, Co Cork and is a recent graduate of UCC’s Law and Irish programme. Soon to be in the United States to teach Irish at the University of Montana as part of a Fulbright Award, Darragh will co-present Junior Eurovision on TG4, starting tonight at 8:30 p.m. What is […]]]>

Darragh Ó Caoimh (23) is from Kanturk, Co Cork and is a recent graduate of UCC’s Law and Irish programme. Soon to be in the United States to teach Irish at the University of Montana as part of a Fulbright Award, Darragh will co-present Junior Eurovision on TG4, starting tonight at 8:30 p.m.

What is the most important lesson about money that your career – or your education – has taught you?

Money isn’t everything, but it makes a lot of things easier.

The most expensive place you’ve ever visited?

I was in Zurich Switzerland this summer for a few days. It’s a beautiful city with a lot of history, but also home to the most expensive Starbucks in the world, and although I didn’t buy any coffee, I found my Swiss Francs didn’t go very far.

What’s the best advice you’ve ever received about money?

The more you earn it, the more you respect it.

Besides real estate, what is the most expensive thing you have ever bought?

A plane ticket from Dublin to Seattle.

Do you always have cash on you?

I mainly pay with contactless or Apple Pay on my phone, but I always like to carry cash just in case; euro banknotes don’t run out of battery and I don’t have to remember their PIN.

What was your worst job?

Probably collecting rocks for my dad when I was 10. Seriously, I’m lucky I’ve never had a bad job.

I worked as an outdoor activity instructor at Ballyhass Lakes near Kanturk for six summers and had several stints as an Ard-chinnire at Coláiste UISCE in the Mayo Gaeltacht, both jobs I loved .

This summer, I spent six weeks working as a kitchen assistant in a busy bistro in downtown Biarritz, France.

It was a fantastic experience and gave me the chance to hone my cooking and language skills, as well as spend time with great friends.

What was your biggest financial mistake?

No major incidents yet, fortunately.

What was your best financial kill?

When I was 12, I made yule logs and took them to the Kanturk market where I sold them within an hour.

I made a relatively large profit, no doubt helped by the fact that my father provided the wood and other materials free of charge; not a bad business model by any measure.

Other than that, it was probably my first communion money.

Do you have a pension?

No, I’ve only done seasonal or part-time work so far, so it hasn’t been mentioned. All in good time.

Do you use any of the digital banks?

I use Revolut when I travel because it’s easy to exchange currencies. It’s also great for splitting bills and avoiding paying friends.

What’s the last thing you bought online?

Safety shoes for kitchen work in France. I’m not a big fan of online shopping and try to only use it if I have no other option.

I much prefer going to stores and being able to see, smell and try on things, and I love being able to chat with the sales people.

I can’t stand all the scrolling, clicking, and zooming that online shopping entails, let alone the hassle of returns. I’m a big believer in buying as locally as possible and I think it’s very important that we support stores in our city centres.

Are you a spender or a saver?

A spendthrift, who has a bad habit of buying books faster than he can read them.

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Wichita Shipping Container Mall is getting a new bar and will soon add a small cafe as well https://bellowingark.org/wichita-shipping-container-mall-is-getting-a-new-bar-and-will-soon-add-a-small-cafe-as-well/ Thu, 15 Sep 2022 16:03:57 +0000 https://bellowingark.org/wichita-shipping-container-mall-is-getting-a-new-bar-and-will-soon-add-a-small-cafe-as-well/ They first opened a hair salon. Then they added a bar. And then the owners of the Fox & Ash hair salon at Revolutsia – the shipping container mall at 2721 E. Central that also ProstWine Flower and Ze German Markt – will also add a little cafe. The new bar is called Good Company […]]]>

They first opened a hair salon. Then they added a bar. And then the owners of the Fox & Ash hair salon at Revolutsia – the shipping container mall at 2721 E. Central that also ProstWine Flower and Ze German Markt – will also add a little cafe.

The new bar is called Good Company Taps & Spiritsand it belongs to Andrew Schwartz and Caleb Porter, who in 2018 open a Wichita location of their McPherson based Fox & Ash hair salon in a space on the upper level of Revolutsia.

Good Company Taps & Spirits is next level at Revolutsia. It opened on September 1.

The duo had also long dreamed of opening a bar and were close to adding one to Revolutsia before the pandemic hit, Porter said. Two years later, they finally succeeded. The owners moved Fox & Ash into a larger shipping container next door and used the empty space for Good Company.

The bar, which Porter describes as a cocktail hall with cocktails, opened on September 1. It is connected to the barbershop and is big enough to seat around 15 people inside. There is also a decent sized patio outside which will seat around 20 people once the patio furniture arrives.

In addition to local beer, craft cocktails made with homemade mixers, and a menu of “interesting” spirits not readily available in Wichita, Good Company also offers a gourmet menu. it offers LMNO Pizza from Mount Hope as well as locally made empanadas by Argentinian empanadas. It has charcuterie boards.

Porter and Schwartz haven’t finished developing in Revolutsia either. Soon they will support another shipping container and expand Fox & Ash so that it can accommodate 10 barber chairs instead of six.

The owners of Fox & Ash and Good Company will also soon be adding a cafe called Pennant Coffee to Revolutsia.

The owners of Fox & Ash and Good Company will also soon add a cafe called Pennant Coffee to Revolutsia.

Also, within the next two months they will be opening a small cafe called Pennant Coffee in a 160 square foot container just east of the bar. From there they will sell coffee made by McPherson based Pennant Coffee Roasters and will have a full menu of espresso drinks as well as pastries by Pee Wee + Sweets Bakerythe new bakery in front of Revolutsia.

Although the small Pennant cafe can only accommodate a few seats inside, customers will be able to use Good Company’s indoor and outdoor seating.

Good Company hours of operation are 11 a.m. to 9 p.m. Tuesday and Wednesday, 11 a.m. to 10 p.m. Thursday through Saturday, and noon to 5 p.m. Sunday.

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Most wanted digital banks revealed – London Business News https://bellowingark.org/most-wanted-digital-banks-revealed-london-business-news/ Fri, 09 Sep 2022 10:42:25 +0000 https://bellowingark.org/most-wanted-digital-banks-revealed-london-business-news/ A new study has revealed that Revolut is the most searched online banking service in Europe. The study, conducted by spread betting broker CMC Markets, analyzed a comprehensive list of online banking services available in Europe via Ahrefs to find out the average number of monthly searches each bank receives in each European country. Top […]]]>

A new study has revealed that Revolut is the most searched online banking service in Europe.

The study, conducted by spread betting broker CMC Markets, analyzed a comprehensive list of online banking services available in Europe via Ahrefs to find out the average number of monthly searches each bank receives in each European country.

Top 10 most searched digital banks in Europe
Rank Bank Number of countries where the bank is in the top 3 most searched searches
1 Revolution 43
2 Wise 42
3 N26 18
4 mbank seven
5 Infatuation 5
6 Curve 4
seven Lunar 3
8 card 3
9 Tinkoff 2
ten Monese 2

Revolut was the most searched on Google, being first in 15 countries, including Germany and Spain with 71,000 average monthly searches each, and Switzerland with 25,000 average monthly searches. The bank is also the second most searched bank in six other countries such as France and Iceland, and the third in six countries including Belgium, Italy and Belarus. In total, Revolut sees 923,080 average monthly searches across Europe.

Revolut is a British fintech that offers banking services. It was founded in 2015, with its headquarters in London, UK, but after Brexit the company also found a way to maintain easy and fast access for its international customers, by obtaining a Challenger banking license from the European Central Bank, facilitated by the Bank. from Lithuania.

Wise, a London-based fintech company founded by two Estonians, comes in second as it appears the most in the list just below Revolut, ranking among the top three most searched banks in 42 of the 48 countries surveyed. . The bank formerly known as TransferWise is also the most searched in nine countries, including Estonia, with 6,300 average monthly searches, as well as Norway, Turkey and Ukraine.

Wise is the second most searched site in 18 countries, including Hungary, Greece and Portugal, while it is third in five countries. In total, Wise has 338,080 average monthly searches in Europe.

N26, a German neo-bank founded in 2013, comes third because it is the best result in four European countries: Andorra, Austria, San Marino and Slovenia. The bank is also the second most searched bank in four countries, including Belgium and Luxembourg, and the third most searched in ten other countries.

The study was conducted by CMC Markets, a UK-based financial services company that offers online derivatives trading such as spread betting and contracts for difference in global markets such as stocks and currencies.

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Crypto miner Poolin suspends BTC and ETH withdrawals, citing ‘liquidity issues’ https://bellowingark.org/crypto-miner-poolin-suspends-btc-and-eth-withdrawals-citing-liquidity-issues/ Mon, 05 Sep 2022 19:59:00 +0000 https://bellowingark.org/crypto-miner-poolin-suspends-btc-and-eth-withdrawals-citing-liquidity-issues/ Poolin, one of the largest Bitcoin mining pools by hash rate, announced that it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to “liquidity issues”. In an announcement on Monday, Poolin said its wallet service was “facing liquidity issues due to the recent increase in withdrawal requests” and planned to temporarily […]]]>

Poolin, one of the largest Bitcoin mining pools by hash rate, announced that it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to “liquidity issues”.

In an announcement on Monday, Poolin said its wallet service was “facing liquidity issues due to the recent increase in withdrawal requests” and planned to temporarily halt Bitcoin (BTC) and Ether (ETH) payments. In its Telegram channel, Poolin’s support told users it was “difficult to name a specific date” when it would resume normal service, but hinted it could be a matter of days, while the page help stated, “time and recovery plans will be released within 2 weeks.

“Rest assured that all user assets are safe and the company’s net worth is positive,” Poolin said. “We will take a snapshot of the remaining BTC and ETH balances on the pool on September 6 to determine the balances. Coins mined daily after September 6 will normally be paid per day. Other parts are not affected.

Launched in 2017, Poolin is a China-based mining pool that operates under Blockin. According to data from BTC.com, the firm has been responsible for around 10.8% of BTC blocks mined in the last 12 months, ranking fourth among mining pools behind Foundry USA, AntPool and F2Pool.

Breakdown of the Bitcoin mining pool based on mined blocks. Source: BTC.com

Related: Ethereum Merge invites miners and mining pools to make a choice

The mining pool was the latest in the crypto space to announce that it would halt withdrawals amid a bear market. Many exchanges, including Coinbase and FTX, have said they will temporarily suspend ETH withdrawals during the Ethereum blockchain’s transition to proof-of-stake, which is expected to take place between September 10 and September 20.