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.
Though many employees choose to work remotely, businesses are making every effort to welcome employees back to the office. To do that, employers can introduce innovative office design and technology to improve workplace safety, productivity and the general well-being of employees.
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.
Earth’s depleting resources don’t come as a surprise to anyone at this point. Just this year, we saw both the United Kingdom and China struggle with energy crises, when oil prices reached US$80 per barrel around the end of September. With these facts in mind, it is obvious that the global community’s next step should be to adopt alternative energy sources.
China is facing its worst power crisis in years, stemming from a coal shortage. Since August 2021, at least 20 provinces have been affected by power cuts of varying degrees. As the winter months are arriving, there are worrying concerns that further power shortages and blackouts could occur during winter, threatening to plunge millions of homes into darkness and the cold.
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.
Cryptocurrencies are known to be very volatile. There are days when you can easily double or triple your investment, but there are also days when you lose everything in a second. Since the crypto market is still unregulated, it’s a cinch for traders to rig prices and influence the market in their favor.
