Aurelia Butler

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    in Cryptocurrency

    Uniglo (GLO) Hottest Newcomer On Ethereum (ETH), Overcoming Maker (MKR) And ApeCoin (APE)

    The problem is, that action was in the past. Yes, people bought BTC for $1 and are now billionaires. But that was years ago. If you buy BTC now, you simply can’t enjoy those same stratospheric rises. It’s already had its boom period, and while it might still surge back up the price charts sometime soon, it’s not the same as investing in a new crypto BEFORE the mainstream markets have heard about it. That’s the opportunity you get with GLO…Uniglo (GLO)
    Uniglo has a ton of credentials that make it one of the best new coins the space has ever seen. It’s based on Ethereum (ETH), and is one of the most hotly anticipated pre-sales that blockchain has seen for some time, or even the entire space.Ethereum is already home to tons of other interesting crypto projects, but some think GLO is the most interesting. It’s community-driven, asset-backed and completely deflationary thanks to a range of innovative features. And its pre-sale gives you the chance to invest before the mainstream, meaning you can get involved at discount prices and before it hopefully goes on to further surges when it goes into the mainstream.Ethereum (ETH)
    Ethereum is the underlying blockchain for projects like GLO and many other successes. It’s got price potential too, with the move to ETH 2.0 and faster speeds on the horizon. Investments into ETH itself could be a good move right now.Maker (MKR)
    Aiming to become an unbiased financial system, Maker rewards its community and values them with full DAO votes on major decisions. It’s got a big future in the space, but arguably not as much as one other DAO crypto: GLO.ApeCoin (APE)
    ApeCoin offers a unique range of features to investors and aims to become the go-to blockchain events platform in the world. It marries digital events with real-world events, and is a hub of art, gaming and web3 activity. It could go mainstream real soon.Conclusion
    GLO has the credentials to overpower and outpace the likes of APE and MKR over the next few months, so check it out.Find Out More Here:
    Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundationDiscord: https://discord.gg/a38KRnjQvW Twitter (NYSE:TWTR): https://twitter.com/GloFoundation1Continue reading on DailyCoin More

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    Top 12 Crypto Facebook Groups to Join in 2022

    Interestingly, the same goes for the rapidly emerging cryptocurrency industry, as many crypto investors or enthusiasts often go to the likes of Facebook (NASDAQ:META) and join various groups in an attempt to be part of an online community. Among other things, these types of communities help members to create togetherness, learn about crypto investments, and discover the most recent updates or innovation being developed in the crypto world. Similarly, with the growing popularity of digital assets and the overall attraction for the digital asset ecosystem (DAE), there is an increasing need for people to arm themselves with relevant knowledge of the space. As a result, there are dozens of Facebook groups dedicated to crypto investors and others interested in crypto education in general. Unfortunately, not all are as useful as they appear. In this article, you’ll learn about the best crypto Facebook groups to join and what they have to offer. Let’s get started!12. Cryptocurrency News 2022At the top of the list is none other than one of the most informative Facebook groups on Zuckerberg’s platform: Cryptocurrency News 2022. The Facebook group was initially created in 2018 and focuses primarily on valuable news-making waves in the crypto industry. Boasting over 20,000 members, the Facebook group strongly values news authenticity, uniqueness, relevancy, and transparency. Their collective goal is to add value to your cryptocurrency and blockchain knowledge by providing a continuous and actionable insider view into everything the crypto industry has to offer on a daily basis. It’s a public group, so anyone on or off Facebook can see who’s in the group and what they post.11. Cryptocurrency AcademyIf you are curious about investing in Bitcoin, Ethereum, and other cryptocurrencies, then this Facebook group offers you a great advantage in getting the knowledge you need. Cryptocurrency Academy is a Facebook group wherein members learn all about cryptocurrencies. Even if you are already invested in it and just want to pick the brains of others, this group comes highly recommended.10. Captain Altcoin – Cryptocurrency CommunityThe Captain Altcoin – Cryptocurrency Community Facebook group provides up-to-date information for anyone interested in cryptocurrency and creates discussions around the world of crypto.Having over 32,000 members, the group will ease your way into the crypto world if you are a newbie and interested in building a solid foundation. However, being a private group, you have to be exclusively invited to join the Facebook group, further implying that random Facebook users cannot see who’s in the group and what they post.9. BitcoinNamed after the leading cryptocurrency in the world, the Bitcoin Facebook group aims to help you find the best, most recent, and reliable information on Bitcoin. The group, which boasts over 50k members, also offers tutorials on the most interesting aspects of Bitcoin based on recent developments. Unlike other closed groups, the Bitcoin Facebook group is open to all, allowing anyone to access and participate without special permission. You also have access to YouTube videos on important subjects about the biggest digital asset. Clearly, this is a great group to be part of. Check it out.8. Crypto WarriorsCrypto Warriors is an insightful cryptocurrency group that provides news and up-to-date information about Bitcoin and other digital currencies. This page is meant for both beginners and professionals who get to access relevant information on a wide range of digital assets, saving you several hours and days that would have been spent weeding through the internet noise. Although it offers general information on cryptocurrencies, it is the only group that has its own token, Crypto Warriors Token (CWT), which is specifically for the Facebook group; particularly, members use the token to enter contests and win prizes. Moreover, the group engages in quality crypto discussions and opens your mind to the immense possibilities of crypto.7. Cryptocurrency Collectors ClubWith more than 75K members, Cryptocurrency Collectors Club (CCC) is a Facebook group that serves as a fertile ground for newbies in crypto. It has a long list of members that have tons of knowledge readily available for anyone to access at any time. If you are new to crypto, you should find settling in there quite easy and very helpful.The Facebook group is also suitable for anyone seeking more information in the cryptocurrency space, implying that it’s also a good place to be as a professional. CCC is guided by rules that ensure seamless communication and that prevent scammers, so you should be safe in this group.6. Cryptocurrency InvestingStarted in 2017, Cryptocurrency Investing is a group of over 74K community members, solely for the interest of crypto investors. In this group, you will have access to timely and relevant information or materials on investing, including videos, and SM posts. Here, members can ask questions publicly and have other investors and professionals reply to your questions. The group also posts news and a few price predictions. If you are new to crypto and in need of a set of people to guide you on how to cast a wide net of investments, then this group is ideal. You do not need any special permission to join the group.5. Crypto ArenaCrypto Arena is one of the biggest and oldest Facebook communities of cryptocurrency worldwide. It is a group that opens its arms to new and existing crypto users and enthusiasts globally. With over 360K members and counting, the group is dedicated to educating people about cryptocurrency. Asides from that, it also posts free earning and trading tips and signals. Since everyone is welcome, you should definitely check them out.4. Bitcoin & Cryptocurrency MastermindThe Bitcoin & Cryptocurrency Mastermind Facebook group was created 11 years ago to cater to crypto users looking for crypto and Bitcoin news or a community within the space to belong to.In this group, members will learn from one another including a huge number of professionals and information specialists in the crypto industry. The group is guided by a series of rules that keep people in check and ensure the advancement of its goals. It has over 477K members, which means it’s highly sought after by crypto users all over the world. Lastly, being a private group, you cannot access the information in the group unless you have been invited to join. 3. Helium | Shiba | Ethereum | Bitcoin – Crypto HoldersThis Facebook group is part of our top three due to its diverse information centered around the crypto space. The group’s goal is to create a safe and friendly environment that unites people around crypto mining and trading.Members of a group share interesting facts, news, events, and profitable information with one another in order to ensure the growth of everyone. It has over 322K members and it is a public Facebook group. Their goal is to create a safe and friendly environment that unites people around crypto mining and trading. 2. SolanaSolana Facebook group is a private platform that is entirely based on the Solana ecosystem. It has over 230K members who talk and learn about Solana, NFT projects, play-to-earn games, Metaverse, DeFi, and much more. It is definitely the most active Solana group.New Solana enthusiasts keen on learning all about the public blockchain platform among other things usually join this group. However, keep in mind that it’s a private group, so you have to join to see the content that gets posted on the group. 1. Ethereum GroupThis might just be the largest crypto group on Facebook with its opening year in 2014. The Ethereum Group, as it is named, majorly focuses on the Ethereum ecosystem. It is so big that it has more than 490K members all interested in Ethereum.This group constantly shares trade analysis from great traders and crypto education with detailed write-ups about upcoming projects. Many crypto users join this group so as not to miss any critical information about Ethereum. However, it is a private group, so you’ll have to request membership and you cannot see any information on there unless you are a member. So, why not give it a stab?Why You Should CareWhether you are an investor, trader, or just a crypto enthusiast, you’ll find one or more of these groups to be helpful. They cater to both budding crypto traders and veterans.If you need support and professional advice, these groups are open to you and will guide you on what to do. Of course, scams and fake news are always lurking, but these groups have put measures in place to mitigate such issues. Facebook can truly help you become an expert in all things crypto. Continue reading on DailyCoin More

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    in Economy

    US ‘blockade’ set to turbocharge Chinese chip development

    Fresh restrictions this week on exports of US chip technology to Chinese companies have provoked an angry reaction from Beijing, but beyond the rhetoric, China is expected to unleash a new wave of funding to boost domestic production of semiconductors. Washington has been steadily tightening the noose on China’s tech sector, limiting access to cutting-edge chip components and machinery. Its latest move is to introduce tough licensing requirements that are likely to block sales of high-end processors from US chipmakers Nvidia and AMD, which are used in artificial intelligence systems.China’s foreign ministry accused the US on Thursday of attempting to impose a “technological blockade” on China to maintain its tech “hegemony” and said it was stretching the concept of national security. The US has said it fears its tech will be adapted for military purposes.Unable to break such a “blockade”, “the restrictions will turbocharge China to find local replacements”, said one senior executive at a Chinese chipmaker. The government has already poured vast sums of money into the chip sector, with state-owned investment funds targeting chip start-ups that promise to replace foreign rivals. The largesse has prompted accusations of waste, corruption and mismanagement. Chipmaker Tsinghua Unigroup defaulted on its bonds in 2020 despite receiving tens of billions of dollars in government support.Analysts believe a string of high-profile failures will not deter Beijing in its quest for chip self-sufficiency, as Washington accelerates the encirclement of China’s tech sector with ever-tighter controls. Putting blocks in place for the supply of cutting-edge chips from Nvidia and AMD comes weeks after the US banned the sale to China of electronic design automation (EDA) software, needed to design high-end chips. The moves will hasten Chinese firms switching to domestic chipmakers to pre-empt being cut off from foreign suppliers, wrote Shanghai-based wealth management firm HWAS Assets in a note. In July, the US congress approved $52.7bn in grants to build chip facilities in the US for those companies agreeing not to fund high-end semi production in China, under the landmark US Chips and Science Act. Randy Abrams, head of Asia Semiconductors research at Credit Suisse, wrote in a note that the ban on investing in advanced fab production in China would “further limit access to overseas talent and investment to build up China’s domestic semis industry”.In the past, chip factories or “fabs” in China run by Korea’s Samsung, Intel of the US and UMC of Taiwan “have been a good source for China to help build up IP, talent and resources to develop its domestic semis industry”, he said. Analysts at investment bank Jefferies said the biggest customers for Nvidia products that were effectively banned this week are cloud service providers, internet and AI companies. They predicted there would be an attempt to switch to local graphics processing unit (GPU) substitutes, but the widespread use of Nvidia’s Cuda “operating system for AI” software would create incompatibility issues.The senior executive said it was only a matter of time before China developed its own functioning EDA software. The US tools “are incredibly complex and sophisticated, so you can’t replicate them overnight, but with enough money and ingenuity, you can get close,” he said. Others disagree that China can strike out on its own. Stephen Ezell, a director at the Information Technology and Innovation Foundation in Washington, said China’s efforts to develop a “closed loop semiconductor ecosystem” had failed. “It is self-defeating for a country in a high-tech industry to try and do everything by itself,” he said. The devastating impact of Washington’s sanctions on Huawei, which barred the Chinese telecoms behemoth from all chips using US tech in 2020, underscores the interconnected nature of the global chip supply chain. The move crippled the company’s smartphone business. The Netherlands has also caved in to Washington pressure and banned exports of extreme (EUV) lithography equipment to China, required to manufacture chips that power AI and blockchain technology. “China was not going to be a player once the US got the Netherlands to acquiesce,” said Douglas Fuller, an expert on the Chinese semiconductor industry.

    Even as the US successfully limits China’s access to foreign chip technology, industry insiders are sceptical about Washington’s ability to shut it out completely from the global supply chain.One industry veteran in Japan said that the last attempt by Washington to compete with an adversary ended in failure after political appetite waned and funds dried up. In the late 1980s, the US established a consortium of semiconductor companies driven by concerns that Japan had usurped its dominant position. “It was reasonably successful for a time, mainly because large companies like Intel supported it heavily. But government funding is fickle and dries up with the change of an administration in Washington,” he said. “The semiconductor industry is global, and it is difficult to mount an effort to help one country be competitive against its global allies and competitors.” Additional reporting by Nian Liu in Beijing More

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    in Economy

    Italy's costs to import energy will double to 100 billion euros

    Italy relies on imports for three-quarters of its power consumption, increasing its vulnerability to Europe’s current energy crisis.Addressing the annual Ambrosetti business forum on Saturday, Economy Minister Daniele Franco said Italy’s high debt reduced its room for manoeuvre going forward.Measures to help firms and consumers cope with high energy bills will be approved next week, following six aid packages so far worth in total 52 billion euros, Franco said.”To keep offsetting, at least in part, rising energy prices through public finances is very costly and we could never do enough,” he said.Franco said it was key to address the functioning of Europe’s energy market, where soaring gas prices amid shrinking Russian exports have driven power prices higher. “What matters is to bring the price of gas and energy back to sustainable levels,” Franco said.Speaking at the same conference on Saturday, French Finance Minister Bruno Le Maire said it was necessary to severe any links between the price of gas and that of electricity, moving to “a total decoupling” of gas and power prices.Italy’s net energy imports cost 43 billion euros in 2021, broadly in line with previous years barring 2020 which was affected by the COVID-19 virus outbreak, Franco said.The increase of around 60 billion euros expected in 2022 amounts to roughly three percentage points of gross domestic product and will wipe out the net surplus in exchanges with the rest of the world Italy recorded in recent years, Franco warned.”We are transferring abroad a significant part of our purchasing power,” he added. ($1 = 1.0049 euros) More

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    in Cryptocurrency

    Saylor gets sued, FBI warns about DeFi exploits and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28-Sept. 3

    Crypto.com has decided not to go through with a $495 million sponsorship agreement in response to possible regulatory issues. The sponsorship deal with the Union of European Football Associations (UEFA) would have seen Crypto.com advertised in the UEFA Champions League for five seasons. The crypto exchange was reportedly in sponsorship talks after the Champions League removed Gazprom (MCX:GAZP), an energy company owned by the Russian state, as a sponsor. Crypto.com already has several high-profile advertising efforts under its belt, such as a commercial starring American actor Matt Damon.Continue Reading on Coin Telegraph More

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    in Economy

    Ex Burger King workers get another bite at 'no-hire' conspiracy lawsuit

    (Reuters) – A federal appeals court has revived https://fingfx.thomsonreuters.com/gfx/legaldocs/znvneweoopl/Arrington%20v%20Burger%20King.pdf a potential class action against Burger King over its prior use of a “no-hire” clause that blocked all franchisees from hiring each other’s employees.The 11th U.S. Circuit Court of Appeals Wednesday reversed a ruling by a district court judge in Miami, who dismissed the workers’ claims that the no-hire clause was an unlawful conspiracy to suppress wages and employee turnover.The 11th Circuit said the judge erred in finding that Miami-based Burger King Worldwide, its parent companies, and its franchisees had all operated as a “single economic enterprise” that was categorically incapable of conspiring with itself.“(T)here’s just no question that Burger King and its franchisees compete against each other and have separate and different economic interests,” and that, “in the absence of the No-Hire Agreement,” each franchised restaurant “would pursue its own economic interests and therefore potentially and fully make its own hiring decisions, including about wages, hours, and positions,” Circuit Judge Robin Rosenbaum wrote for the panel.“They might even attempt to entice stand-out employees to leave one restaurant and join their own. But the No-Hire Agreement removes that ability,” Rosenbaum wrote, joined by Circuit Judge Charles Wilson and Senior Circuit Judge Frank Mays Hull.Dean Harvey of Lieff Cabraser Heimann & Bernstein, lead counsel for Jarvis Arrington, Sandra Munster and Geneva Blanchard, declined to comment on the pending litigation. The workers’ appeal drew amicus support from the U.S. Justice Department.Burger King and its attorneys did not immediately respond to requests for comment.The lawsuit was one of many filed by fast-food workers since 2016, when the U.S. Justice Department and the Washington state attorney general began targeting the industry’s ubiquitous use of no-hire or “no-poach” agreements.Burger King dropped the no-hire clause from its franchise agreements in 2018 as part of a settlement with the Washington attorney general. Several other fast-food chains did the same.In lawsuits by pre-2018 workers, however, the chains have argued that there was no conspiracy or, in the alternative, that any restraint of trade was not unreasonable.The judge in the Burger King case found it unnecessary to consider the latter argument, but Burger King urged the 11th Circuit to uphold the dismissal on that ground anyway. The International Franchise Association and the Florida Chamber of Commerce agreed in separate amicus briefs. The panel declined, saying “those inquiries are best left to the district court” on remand.The case is Arrington, et al. v. Burger King Worldwide Inc., Burger King Corp., and Restaurant Brands International (NYSE:QSR) Inc., 11th U.S. Circuit Court of Appeals, No. 20-13561.For Arrington et al.: Dean Harvey of Lieff Cabraser Heimann & Bernstein, Yaman Salahi formerly of Lieff Cabraser, and Derek Brandt of McCune Wright ArevaloFor Burger King: Stuart Singer of Boies Schiller & Flexner; Luis Suarez of Heise Suarez Melville More