After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous year. Dubai Bitcoin Miner Phoenix Group Records Substantial Increase in Year-on-Year Sales […]
Nearly Half of Users Primarily Use Crypto to Earn Extra Income — Binance Study
Nearly half of the crypto exchange Binance’s users list “earning extra income as their primary use for crypto.” The survey also revealed that 36% of the respondents consider “achieving financial security and independence” as the primary objective for using crypto for savings. Achieving Financial Independence With Crypto According to a survey conducted by Binance, one […]
Jack Dorsey Contributes $1M to Kickstart Guaranteed Basic Income Pilot in St. Louis
Jack Dorsey, co-founder of Twitter and current CEO of Square Inc., is contributing $ 1 million to support the launch of a pilot program for guaranteed basic income in his hometown of St. Louis, Missouri. According to the city, applicants will be selected on a first come, first serve basis “for $ 500 …
Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows
Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded non-fungible tokens (NFTs), and the income it produced. Donald Trump Declares […]
Trump Reveals NFT Income, Crypto Holdings in New Disclosure
Former U.S. President Donald Trump gave a more detailed account of his finances including proceeds from his non-fungible token (NFT) collection. The cryptocurrency balance of an Ethereum wallet has also been declared as part of $ 1 billion in income received from various sources. Donald Trump Details Income From NFTs, Speaking Fees, Hotel Sale …