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A US judge tossed the SEC’s case against Hex founder Richard Heart, stating it couldn’t decide whether he defrauded investors of $12.1 million because the US lacked jurisdiction. A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding…
FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said. A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a…
Only the altcoins with potential ETF approvals and solid revenue-generation models will outperform the crypto market in 2025. Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are…
The rental industry is a high-demanding one in recent decades. Convenience in accessing premium items may lead to familiar rental ventures. Among many use cases, the property and equipment rental business is the most reliable and the most needed. Digitization in such industries brings new choices for the owners and the rentee. Rental software is…
The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing an end. On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. The day marked the…
If you have a profitable side hustle, you’ve probably considered taking your business full-time. However, before you take the leap and transition to life as a full-time entrepreneur, there are a few things you should do. Some tasks are simple, like opening a business bank account and setting concrete goals. Others, like building a professional…
As businesses adopt digital to be more efficient, stay ahead of the curve and meet changing demands, their IT teams are faced with the growing challenge of supporting the software infrastructure. Due to the high costs of employing software developers and the scarcity of capable programmers, the pressure on IT teams has become enormous. As…
Consider this data: 94% of consumers say that reading a bad review made them want to avoid a business. That’s the power of reviews, especially in an industry like hospitality. In fact, 81% of travelers read reviews before booking a hotel. And nearly half won’t make a reservation for a hotel without reviews. It just…
It’s a great time to start a small business. Although many Americans feel pretty gloomy about the 2024 economic outlook, a majority think it’s primed for a rebound in the near future. Most Americans are already spending like boom times are back anyway, according to a recent study on spending habits. One-man startups that could…
Studies report that 98% of all website traffic comes from anonymous visitors. Sure, you can use tools like cookies, but their usefulness is limited and on borrowed time. Thanks to remote work and smart devices, identifying who is visiting your company website is only becoming more confusing. The same user visits your site from different…