40% of Venezuelan Businesses Close After 3000% Minimum Wage Increase

Venezuela Economic Crisis

Venezuelan workers who got a pittance are now getting a slightly higher pay, thanks to a 3000% increase in their minimum wage. What they may not have, though, are jobs. Seven million employees are now guaranteed 1,800 bolivars per month, which is worth about $20 at the black-market rate, after a minimum wage hike. Venezuelan President Nicolas Maduro proposed the change to increase his popularity, but it’s having the opposite … Read More →

Nike Shares Recover After Kaepernick Advertisement Sparks Boycott

Colin Kaepernick

Nike shares recovered their losses on Monday after their contentious publicity campaign featuring former San Francisco 49ers quarterback Colin Kaepernick initially spurred a drop in their shares. The campaign, released to celebrate Nike’s 30th anniversary of their slogan “Just Do it,” sparked both backlash and support of the brand.

Google Introduces New Startups To Launchpad Studio, Partners With Four Indian Banks

google

Google just introduced a new group of startup businesses into Launchpad Studio, the tech behemoth’s accelerator it launched last year that matches top machine learning startups and experts from Silicon Valley with Google – its people, network, and advanced technologies. While the accelerator’s first group was meant to gather new insights from medical data, this most recent one is meant to shake up well-known financial markets and systems. Accurately reviewing and … Read More →

Cards Like Wirex’s Put Cryptocurrencies in Your Wallet

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Usually, when people think about cryptocurrency, it’s on hard drives, cell phones or third-party exchanges. But, cryptocurrency debit cards have long been an exciting frontier for crypto-enthusiasts. The large San Francisco-based exchange, Coinbase, has offered a debit card, the Shift Payment Card, which allows users to gain access to their cryptocurrency just like their bank accounts. But, the largest cryptocurrency exchange is hardly alone in offering such a service.

Zen Magnets Forges on After CPSC Case

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Zen Magnets’ existence as a Denver-based Magnet sphere company has not been easy. The company, which once released a Zen Magnets Bitcoin Set, was brought to court over their products and lived to tell about the story. Today, as the only U.S.-based magnet sphere company, the company has pressed on after having their business threatened by federal authorities.

Former Digital Gold Developers Launch Token Sale for Cash, Micro-Lending System

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(GoldSilverBitcoin) – Everex, formerly Midas Reserv, is making waves in the crypto-cash industry thanks to its contributions in cash-transfer technologies. Based on the Ethereum blockchain, Everex’s central product, Cryptocash, allows individuals to transfer cash across borders instantly in form of national currency on a blockchain. Applicable to remittance and cash transfers, Cryptocash is a digitized form of cash backed by national currencies thanks to Everex’s partner institutions.

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