NFT” has been crowned Collin Dictionary’s Word of the Year for 2021. After all, NFTs, or non-fungible tokens, have amassed a following like no other over the past year. So much so that the use of this abbreviation increased by 11,000% in 2021. Collins Learning managing director, Alex Beecroft, told the Guardian,
As we continue to see more and more advancements in technology, it has become much easier for people to age without suddenly losing their independence. As of 2019, the global average life expectancy has become over 70 years, nearly doubling from what it was in the 1900s. With rising life expectancy, it has become integral to focus on how to better the lives of the elderly population.
2021 has been a great year for startups. As of September, over 800 startups have reached the valuation of US$1 billion and become unicorns. Within this year, some exciting new startups have burst onto the global scene and taken center stage.
On November 14, Bitcoin underwent the Taproot upgrade which was activated at block 709,632. The groundwork for this upgrade was laid down back in June when 90% of the Bitcoin miners chose to signal their “support”
When it comes to cryptocurrency, you must proceed with caution. Not only because of its volatility but also the growing number of crimes associated with it. Owing to the anonymity and lack of regulation of cryptocurrency, people have found ways to misuse it. Given that, we take a look at the most prominent cryptocurrency crimes right now:
Launching a startup is no easy feat, as any startup founder would testify. It involves rigorous planning, budgeting, working late hours and, occasionally, crying in a corner and rethinking all your decisions. A crucial element to launching a successful startup is knowing the ins and outs of the business world. Knowledge, indeed, is power. Given that, we have rounded up five books to help you navigate your business journey:
Whether you are a young working professional or an experienced employee with a big-league company, the quest to find the perfect balance between your work life and your personal life is a challenge for most.
Women often struggle to make their way into the working world. Whether they are held back by family responsibilities or other kinds of barriers, rising to the top of the corporate ladder is a feat only a few women are able to accomplish. As of 2020, there are only 13 women CEOs in the Fortune 500 companies.
A recent UN report revealed that women around the world earn 23% less than men. What’s worse? In 25 years, there has been very little change when it comes to pay equity. It is evident that the gender wage gap demands urgent attention.
Almost all big names have hopped on to the non-fungible token (NFT) trend this year. Be it BTS, Snoop Dogg or Shawn Mendes, we have seen many celebrities drop collectibles for their fans or at least confirm their plans of coming out with them. In fact, a company called Sorare made an entire fantasy football game around collecting NFTs.
On November 29, 2021, Parag Agrawal replaced Jack Dorsey—the man who co-founded Twitter—as the company’s CEO. In a statement, Dorsey said, “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders. I’ve worked hard to ensure this company can break away from its founding and founders.”
On November 9, 2021, the global crypto market hit the US$3 trillion mark, which is more than the gross domestic product (GDP) of countries like India, the United Kingdom, France and Italy. With crypto becoming more and more widespread, individuals and companies alike have been seeking to benefit from the crypto mining (the process of adding new crypto tokens to circulation) business.
Today, mapping your career path is not as straightforward as going to college and then finding a job at a big company. Startups and corporations are both viable career options, but there are some key differences that you should consider before making your decision.
Predictable, consistent and orderly are not adjectives one would typically use to describe Tesla CEO Elon Musk. However, self-assured, impulsive and, often, preteen-ish wouldn’t be too far off. Musk uses Twitter as his personal battleground and oyster. It’s where he dumps his deepest and darkest stock-market-triggering thoughts.
In November this year, Hybe, the South Korean agency behind the world-famous boy band BTS, announced its plans to enter the Non-Fungible Token (NFT) business. The agency plans to buy a 2.5% stake in blockchain-based startup Dunamu, and release BTS NFTs in a joint venture with the startup’s crypto exchange, Upbit. These NFTs will feature moving images and voices of the artists.
Bitcoin has become infamous for the tremendous amount of energy required to mine it. Bitcoin mining consumes 91 terawatts of electricity annually—more than what the entire country of Finland uses in a year. The process of Bitcoin mining also generates a large amount of heat that has been conventionally released into the atmosphere.
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