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Reeves: Can’t Always Say ‘No’ to UK Planning Decisions

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UK Chancellor of the Exchequer Rachel Reeves says “the answer can’t always be no” when it comes to approving major infrastructure works and planning decisions. She made the comments during a discussion with Bloomberg Editor-in-Chief John Micklethwait at Bloomberg House on the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland.

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Ross Ulbricht Is Free — Now Let's Fight For The Samourai Devs

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Trump Did Not Free Ross On Day One Because Of Course He Didn’t

Follow Frank on X.

Yesterday, President Trump signed a full pardon for Silk Road founder Ross Ulbricht. This was a tremendous victory for the Bitcoin (and Libertarian) movement.

It proved with some time, effort and political coordination, the Bitcoin network state, to borrow a term from Balaji Srinivasan, can facilitate real and important change via the highest levels of power at the nation-state level.

While we should surely take a moment to celebrate, we should also keep in mind others in the Bitcoin and broader crypto space are currently facing unfair sentencing and we should be acting on their behalf. These others include the developers of Samourai Wallet, who are currently wrongfully being charged with operating an unlicensed money transmitting business.

In this case, not only is the freedom of the developers involved at stake but our ability to use the privacy tools they’ve created.

And so this time around, let us right wrongs before they result in unfair sentencing, like we saw with Ross.

To do this, you can donate to the Peer-to-Peer Rights Fund to help fund the defense for the Samourai case (and others like it). We have to do our part to stop regulatory overreach and to protect the freedom of those who have helped to further enable our own via the tools they’ve created.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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Elon Musk fumes as Trump’s Stargate AI announcement elevates arch-rival Sam Altman

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The Stargate project has big implications for U.S. AI leadership, but also for who’s winning the new president’s ear. Read More

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Sales knowledge automation platform 1up gets a third of its customer leads from memes

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1up, startups, George Avetisov, venture capital

When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires.

“They don’t know the answers to most questions that get asked of them,” Avetisov told TechCrunch. “They have to ask a product person, they have to pull in a sales engineer. It’s a daunting task, and these people are brilliant, like I’ve worked with some amazing sales reps, but the problem with sales is there’s no easy way for them to automate knowledge.”

Avetisov (pictured above in the center) decided that would be his next problem to solve. He left HYPR in 2021 and took a brief interlude from startups to play and beat video game Elden Ring; Avetisov said he wanted a little downtime before being all consumed by another startup. He launched his new company, 1up, in 2022.

1up is an AI-powered knowledge automation platform for sales teams that pulls information from internal company data sources and databases. Sales professionals can turn to 1up to find answers to their product or technical questions, execute requests for proposal and also use it help fill out technical questionnaires.

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The company launched publicly in January 2024 and has since amassed nearly 100 customers that range from startups to large enterprise customers including WalkMe and Deliveroo. The company has been able to land a not insignificant portion of these customers through an unorthodox marketing strategy: memes.

“We run one of the biggest sales meme libraries in the community, and we get millions of impressions on LinkedIn,” Avetisov said. “People follow us just from our memes. I know it’s a little weird, but like, one out of three of our leads comes from a meme.”

Now the company is announcing a $5 million funding round led by Upfront Ventures with participation from RRE Ventures, 8-Bit Capital, and individuals like Friendster founder Jonathan Adams, among others. Upfront general partner Kobie Fuller is the lead investor and will take a seat on the company’s board.

Fuller told TechCrunch that he got a cold email from Avetisov just days after one of his portfolio companies mentioned 1up might be a good fit for Fuller’s investment thesis regarding how AI will change enterprise’s approach to knowledge. When talking about this thesis to Avetisov, Fuller said they were speaking the exact same language.

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“So much of how we make investment decisions is around the founder and George, a second-time founder, saw the problem and pain point first hand,” Fuller said. “When we talk with George, he can dive in at whatever level or depth in a manor you don’t see all the time with CEOs. You can tell he’s mission driven, he has 1up tattooed on his inner wrist. He’s really, really in it; he’s incredibly scrappy.”

Since the release of ChatGPT in 2022, AI startups building for sales departments have exploded, especially when it comes to building AI tools that help customers generate sales leads and with client outreach. Companies looking to provide knowledge centers for enterprises, many of which popped up prior to 2022, started gaining momentum, too.

Avetisov isn’t deterred, though. He said that 1up provides such a different service than the AI sales lead generators that he doesn’t think 1up is competing for the same line in a company’s budget. He said that he doesn’t think companies need all-encompassing knowledge centers, but 1up’s approach is different because it solves a specific problem.

“When you talk to the enterprise, knowledge management is not a budget item. It’s not a hair on fire problem,” Avetisov said. “Our philosophy on this is that for knowledge automation to succeed and become a billion-dollar company or industry, it needs to be laser-focused on a persona and on a department.”

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The next steps for 1up, now that its raised this recent funding, is to scale out the sales team. There will also be some feature upgrades, though Avetisov wasn’t ready to share the details on those quite yet.

“Sales teams get a lot of shit,” Avetisov said. “They have one of the hardest jobs in the company, and their tool set is horrible. They’ve got so many tools for prospecting and CRMs and all that stuff. But when it comes to knowledge management, they have been completely neglected. So that’s our hot take. That’s our laser focus.”

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Turning $600 into $50,600 By Q3 2025: Here Are the 4 Tokens to Do It

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Turning $600 into $50,600 By Q3 2025: Here Are the 4 Tokens to Do It

Investors seem to persistently be drawn to the rapid evolution and change in the cryptocurrency market. Over time, four tokens exemplified by Rexas Finance (RXS), MANTRA (OM), Cardano (ADA), and Ripple (XRP) showcase the best likelihood to amass considerable returns from relatively small investments before the year 2025 wraps up. The unique offerings of each token make them worth serious consideration for investors.

Rexas Finance (RXS): Pioneering Real-World Asset Tokenization

Making things accessible to the masses is at the heart of Rexas Finance, as seen in the tokenization of real estate through blockchain. By enabling users to buy lower percentage shares of traditionally expensive assets, Rexas Finance undoubtedly stands out. Their emphasis on the platform’s security, transparency, and accessibility is unmatched. Thanks to the success of the Rexas Finance presale, over $41.5 million has been raised alongside 424 million tokens sold. As stage 11 sold out before the schedule, stage 12, owing to the result of votes by the community, has been introduced. It is currently set for $0.200, with the token set to list at $0.25 on June 19, 2025. Experts anticipate RXS climbing to $5 by Q3 2025. Investor confidence has increased due to its community-driven marketing strategies and approach to tokenizing real-world assets. This is evident from the $1 million giveaway, in which 20 winners receive $50,000 worth of RXS tokens each.

MANTRA (OM): Making Waves in the Market

Mantra has invested heavily in expanding its platform, which provides users with a comprehensive list of decentralized finance services. It trades at $3.76 while holding a market capitalization of $3.61 billion. This firm has positioned itself as essential for any DeFi user. With a shift from traditional finance to innovative DeFi solutions, analysts predict a bullish market across the capital. Focusing on community initiatives is promising. By 2025, MANTRA is projected to trade within the $12 to $15 range. Even reaching a whopping $20 is plausible during the bullish run. The projection remains clear due to strong polymers in other DeFi projects alongside steady adoption. From an investment standpoint, adopting MANTRA simplifies risks while strengthening returns. OM solves issues through an appealing, low-risk, and unique governance model while increasing community incorporation.

Cardano (ADA): A Sustainable Blockchain with Great Capabilities

Investment and retailer trust is shifting towards ADA because it has become one of crypto’s most innovative and secure blockchains due to AI-driven resources and scalability functionality. Currently, it stands at $1.06 with a $37.31 billion market cap. This signals trust and attention from all major players in the financial market. In the past few months, whales have accumulated over 30 million tokens, making big bets on Cardano. Veteran trader Peter Brandt asserts that ADA has bottomed, signaling the start of a grand bull market. Analysts forecast that in 2025, ADA will reach the $5 mark, with strong potential to increase if key sectors like smart contracts and decentralized applications become more widely adopted. In an era where sustainability is gaining significant attention, Cardano stands out due to its relative energy consumption while providing an advanced level of performance. For long-term investors, there is potential to harness the power of this blockchain with ADA.

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Ripple (XRP): Leader in Cross-Border Payment Technology

The XRP token is often portrayed as an efficient and cost-effective transaction method worldwide. Valued at $3.17 and with a market cap of $182 billion, XRP is gaining momentum. Analysts believe Ripple may strengthen its relations with other players in the industry, ensure regulatory compliance, and set indicators that the price of XRP will soar to $10. Ripple pioneered building blockchain payment networks and other existing infrastructures, which paved the way for the XRP token to break international boundaries into the mainstream economy. Ripple’s consolidation with legal entities further increased investor confidence in trading, and now, the technology allows for cheap transactions around the globe.

Conclusion 

Investing $600 in these tokens guarantees a strong base encompassing Rexas Finance, MANTRA, Cardano, and Ripple. Together, these companies pave the way for a smart way to spend across the many specialties of asset tokenization, cross-border payment, and blockchain technology that reduces carbon emissions and innovation in DeFi. Each token is excellently positioned to ensure that these evolving trends pay off in transformative ways that ripple across the economy. Of these, Rexas Finance is a leader in innovative tokenizing of real-world assets, which is set to boom. With strong community support, successful presale results, and a clear roadmap, RXS is poised to become the best investment for those looking to transform small amounts of money into significant wealth.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

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Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

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How to find new memecoins before they go viral

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Discover practical strategies to spot new memecoins before they go viral, including tracking launch platforms, analyzing social media trends and leveraging blockchain tools for early opportunities.

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HMRC to overhaul ‘scandalous system’ which has overtaxed thousands of pensioners by £1.37bn

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HMRC to overhaul 'scandalous system' which has overtaxed thousands of pensioners by £1.37bn

HMRC is set to overhaul its “scandalous” tax system that has overcharged pensioners by £1.3billion since 2015.

The move comes after years of campaigning and frustration from savers who’ve had to fight for refunds.


The issue dates back to when Pension Freedoms were introduced in April 2015, allowing people with Defined Contribution pensions to withdraw their savings in chunks instead of locking it into a fixed income for life.

Unfortunately, HMRC applied “emergency tax codes” to these withdrawals, often resulting in pensioners being taxed far more than necessary.

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As a result, over 470,000 people have had to claim refunds, totalling an eye-watering £1.37billion. In the past three months alone, nearly £50million has been repaid to more than 14,000 individuals.

HMRC has now given an update to the “scandalous system” in their ‘Pension Schemes Newsletter’, in an article called ‘helping customers get on the right pension pay faster”.

HMRC

As a result, over 470,000 people have had to claim refunds, totaling an eye-watering £1.37 billion

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Steve Webb, partner at pension consultants LCP, has campaigned for change on the system for 10 years.

He said: “It is great news that at long last HMRC has listened to the voices of ordinary taxpayers and changed this scandalous system. For too long, hundreds of thousands of people have been overtaxed and had to jump through hoops to claim back their own money.”

HMRC has committed to replacing these outdated emergency tax codes with regular tax codes. This will ensure the correct amount of tax is deducted automatically in real-time.

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This change promises to reduce the need for complicated year-end reconciliations and form-filling, especially for those making multiple withdrawals in a single year.

It’s a long-awaited win for pensioners, promising less hassle and more peace of mind when accessing their hard-earned savings.

Jon Greer, head of retirement policy at Quilter said: “HMRC’s latest figures reveal that pension tax overpayment refunds remain a significant issue, with over 14,600 repayment claims processed between October and December 2024, amounting to £49,514,458.

“This equates to an average refund of £3,390 per person. While these figures highlight an ongoing problem, HMRC’s plans to streamline tax coding from April 2025 are a welcome step towards reducing the administrative burden on savers and minimising overpayments in the first place.

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“That said, the broader challenges of pension withdrawals persist. Many individuals are still accessing their pension savings to manage financial pressures.

“Such decisions, made in haste, could lead to unintended tax consequences and potentially compromise long-term financial plans.”

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Greer warned that although HMRC’s planned reforms to update tax codes automatically for new pension withdrawals are a positive step, it’s unclear if they will fully fix the system’s issues.

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The HMRC article said: “From April 2025 we are improving how tax code information is used for those people who are new to receiving a private pension, so they pay the right amount of tax from the outset.

“We will automatically update the tax code for customers who are on a temporary tax code and would benefit from being on a cumulative code — this means they’ll avoid an overpayment or underpayment at the end of the year.

“There is no need to contact HMRC and once a tax code has been changed we’ll inform customers by letter or digitally if they’ve signed up for paperless in the HMRC app or online.”

Webb explained this new system should mean that far more people are quickly moved on to the correct tax code and no longer end up with an overpayment of tax.

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He added: “The tax system is complex enough as it is, and this change should hopefully reduce the complications which pension savers face when they try to access their hard-earned cash.”

Retirees are advised to seek professional financial advice to make tax-efficient withdrawals and avoid overpaying.

Until the reforms are fully in place, Greer explained there’s still a risk of overpayment and a complicated claims process to get money back.

He concluded: “While HMRC’s efforts are a good start, much more needs to be done to create a smoother system for savers.”

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Ships carrying missile propellant set to sail from China to Iran, say officials

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Two Iranian cargo vessels carrying a crucial chemical ingredient for missile propellant will sail from China to Iran over the next few weeks, according to intelligence from security officials in two western countries.

The Iranian-flagged ships — the Golbon and the Jairan — are expected to carry more than 1,000 tonnes of sodium perchlorate, which is used to make ammonium perchlorate, the main ingredient for solid propellant for missiles.

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Two of the officials said the sodium perchlorate could produce 960 tonnes of ammonium perchlorate, which makes up 70 per cent of the propellant for solid-fuel missiles. That amount of ammonium perchlorate could produce 1,300 tonnes of propellant, enough to fuel 260 mid-range Iranian missiles such as the Kheibar Shekan or Haj Qassem, the officials added.

Ammonium perchlorate is among chemicals controlled by the Missile Technology Export Control Regime, an international anti-proliferation body.

The chemicals were being shipped to the Islamic Revolutionary Guard Corps, the elite arm of the Iranian military, two of the officials said.

The two officials said 34 20-ft containers containing the chemical had been loaded onto the Golbon, which departed the Chinese island of Daishan on Tuesday. The Jairan is expected to depart China with 22 containers in early February. Both ships, which are owned by Iranian entities, were expected to make the three-week voyage to Iran without making any port calls, the officials said.

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The officials said the chemicals were loaded onto the Golbon at Taicang, a port just north of Shanghai, and were destined for Bandar Abbas, a port in southern Iran on the Persian Gulf.

Based on data from vessel tracker Marine Traffic, the Golbon spent at least several days off Daishan island before leaving on Tuesday. Marine Traffic showed the Jairan about 75km south of Daishan off the coast of Ningbo in China’s Zhejiang province early on Wednesday.

The officials could not say if Beijing was aware of the shipments. The US and its allies have frequently criticised China for providing support for regimes from Tehran to Moscow.

The Chinese embassy in Washington said it was “not familiar” with the situation and that Beijing was committed to “maintaining peace and stability in the Middle East and Gulf region and actively promoting the political and diplomatic settlement of the Iranian nuclear issue”.

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The Iranian government declined to comment.

Dennis Wilder, a former top CIA China analyst, said China had carried out extensive arms sales to Iran dating back to 1979, including supplying “Silkworm” anti-ship missiles in 1986 during the Iran-Iraq war.

“Since the early 1990s, China has assisted the Iranian military extensively with its ballistic missile development programme and has provided expertise, technology, parts, and training,” said Wilder, who is now at Georgetown University.

“China’s motivation for secretly assisting Iran today includes clandestinely helping Iran produce missiles for the Russian war effort [in Ukraine], cementing common cause against perceived US hegemonism . . . and Beijing’s purchase annually of large amounts of discounted Iranian crude oil.”

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Washington has also criticised China for violating US sanctions by purchasing Iranian petroleum, but critics of the Biden administration say it did not do enough to enforce the sanctions.

The US has also increased pressure on Beijing over the past two years for not doing more to stop the shipment of dual-use items to Russia that have helped Moscow in its full-scale invasion of Ukraine. But the volume of shipments has shown little sign of falling.

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Trump pardons Silk Road dark web market creator Ross Ulbricht

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  • President Donald Trump has signed a “full and unconditional” pardon for Ross Ulbricht
  • The Silk Road operator had received two life sentences and a further 40 years
  • Trump said the same “lunatics” were behind the fight against him

President Trump has signed a “full and unconditional” pardon for Silk Road foudner and operator Ross Ulbricht.

Silk Road was a notorious dark web marketplace selling illegal drugs, hacking tools and stolen passports during its operation between 2011 and 2013.

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KIBHO COIN: Paving the Way for the Future of Cryptocurrency

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In an era where digital currencies are redefining the landscape of financial transactions, KIBHO COIN emerges as a notable contender with a distinct approach to enhancing transactional efficiency and stability.

By anchoring its value to gold reserves and operating as an ERC20 token on the Ethereum blockchain, KIBHO COIN, or KBC, showcases a strategic positioning aimed at providing a streamlined and cost-effective payment alternative.

The implications of this unique digital asset on the future of currency systems are not to be overlooked, presenting a compelling narrative that hints at potential transformations in the realm of financial transactions.

Market Cap and Volume Analysis

In analyzing the market cap and volume of KIBHO COIN (KBC), it is evident that the current market cap stands at $78,971. This data indicates the total value of KIBHO COIN in circulation at the present moment, showcasing investor interest and market activity.

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The market cap serves as a key metric for assessing the overall size and health of the cryptocurrency within the broader market.

Additionally, the trading volume highlights the level of liquidity and the extent of trading occurring within a specified period, offering insights into market dynamics and potential price fluctuations.

Short-term Price Forecast Insights

With a focus on near-term market movements, a comprehensive analysis of KIBHO COIN’s short-term price forecast reveals potential fluctuations based on current trends and external factors. The projected price range for September spans from $0.005758 to $0.005978.

Moving into October, the forecast indicates a range of $0.005868 to $0.006416. November shows a potential price range between $0.006307 and $0.006526. However, December may see a slight dip, with a predicted range of $0.004387 to $0.005210.

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Looking ahead to January, the estimates suggest a range of $0.004936 to $0.006581. These predictions are subject to market dynamics and investor sentiment, which could influence KIBHO COIN’s short-term price movements.

Long-term Price Predictions and Trends

Continuing the analysis beyond short-term projections, the focus shifts towards evaluating the long-term price predictions and trends for KIBHO COIN.

Long-term forecasts suggest a gradual upward trajectory for KIBHO COIN, with projected prices ranging from $0.08226 to $0.1974 in 2024, $0.1514 to $0.3290 in 2025, and further increases expected in subsequent years.

These predictions indicate a potential growth trend for KIBHO COIN, with values varying based on market conditions and adoption rates. Investors looking for sustained returns may find KIBHO COIN an intriguing option, considering the projected price appreciation over the coming years.

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Factors Influencing KIBHO COIN’s Value

Evaluating the underlying factors that shape the value of KIBHO COIN provides crucial insights for investors seeking to understand its market dynamics.

The value of KIBHO COIN is influenced by various factors such as market demand, the token’s utility, the stability of the backing assets (in this case, gold), technological advancements, regulatory developments, and overall market sentiment towards cryptocurrencies.

Market demand plays a significant role in determining the value of KIBHO COIN, as increased interest and adoption can drive up prices.

Additionally, the utility of KIBHO COIN in facilitating smoother and cheaper transactions backed by gold adds intrinsic value to the token.

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Future Implications of KIBHO COIN

Looking ahead, the evolving landscape of digital currencies presents promising opportunities for the future impact of KIBHO COIN.

As the world increasingly adopts digital forms of payment, KIBHO COIN’s unique proposition of being backed by gold could solidify its position as a stable and reliable alternative to traditional cryptocurrencies.

The potential for increased adoption by investors seeking a secure store of value and a medium of exchange could drive the demand for KIBHO COIN, further enhancing its value and utility in the digital currency market.

Additionally, the transparency and security provided by blockchain technology, on which KIBHO COIN is built, could attract more users looking for efficient and trustworthy transactions.

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Conclusion

KIBHO COIN’s innovative approach of being asset-backed by gold reserves has garnered attention in the cryptocurrency market.

As market dynamics continue to evolve, KIBHO COIN’s ability to offer a stable and efficient payment solution could position it as a key player in shaping the future of digital currency transactions.

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Elon Musk Considers Pardon for Roger Ver After Ulbricht Clemency

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Elon Musk considering pardon for Roger Ver

Ulbricht’s pardon sparked widespread celebration and reignited discussions about Roger Ver, a controversial figure in the cryptocurrency world. Ver, an early Bitcoin Cash advocate, faces allegations of owing $48 million in taxes linked to his expatriation process. He denies the charges, claiming he relied on expert advice and was unfairly treated during legal proceedings.

Critics believe that his case represents a host of issues including violations of attorney-client privilege, concealing evidence, and more. His supporters call the situation a “miscarriage of justice.” Ray Youssef, an executive at a crypto platform, was one of the first known public crypto supporters to call for Ver’s release.

In response to the growing campaign, Musk said he would look into Ver’s case. He also drew attention to what supporters see as government overreach. They believe a pardon would uphold principles of privacy and due process, mirroring arguments made in Ulbricht’s defense.

This development has intensified debates on the balance between individual rights and state authority in the crypto space. Musk’s involvement adds weight to calls for clemency, fueling hopes for a resolution.

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