Kornelija Kazlauskas

Plenty, a recently launched company aims to assist millennial couples in discussing, managing and investing their finances together. The platform was founded by Emily Luk and Channing Allen and focuses on providing wealth–building opportunities that consider the unique circumstances of individuals in committed relationships. The couple met while working at Even, a company acquired by One in 2022, and got engaged. Then they realized the need for financial planning tools to navigate their future together. Addressing Financial Challenges for the Non-Wealthy Luk recognized that existing financial products focused on individuals who were already wealthy and this situation left limited options for those outside that category. Many available products either imposed high upfront fees or provided potentially predatory advice. Motivated to bridge this gap Luk and Allen left One to establish Plenty—an SEC-registered Investment Advisor offering a goals-based approach to investing. FOR MORE INFO:...

The bitcoin blockchain is experiencing a surge in daily transactions reaching an all-time high of 682,000 this month, according to data from Glassnode . This milestone marks a significant increase of almost 40% compared to the previous peak in 2017 . Furthermore, bitcoin’s dominance in the overall cryptocurrency market has grown from 38% at the beginning of the year to 44% . Bitcoin’s Dominance and Daily Transactions Reach New Heights The rising number of daily transactions on the bitcoin blockchain is attributed to the emergence of BRC-20 tokens which are the first class of crypto tokens built on the bitcoin blockchain apart from bitcoin itself . These experimental coins have already generated nearly 25,000 transactions this year driving the overall transaction volume to new heights . Data from Blockchain .com reveals that the average daily transactions over seven days currently stand at over 531,000 which is nearly double the volume from a month ago . FOR MORE INFO:  https://cryp...

Today, many of us imagine being rich and turn to investing to achieve this dream. On the other hand, some of us do not have that much money that could make a difference. Or do we? You might think you need hundreds of dollars to make a solid investment but there are other ways. Today, I’ll talk about what you can achieve with as little as $20 if you make smart investments. Compound Interest Might Be Your Best Friend Compound interest is one of your best friends if you don’t have that much to invest every week. Basically, it allows you to earn interest from your initial amount and the accumulated amount on your account. In simpler terms, it allows you to earn interest on your interest. Let me give you an example: Let’s say you invest $100 with a 10% annual interest rate. Next year, you would earn $10 in interest. In compound interest, your interest would be calculated based on your current balance. So, instead of getting another $10 for your initial $100 investment, you would get $11. As...

Addressing Global Cybersecurity Threats in Nigerian Capital and Money Market Operations: Seminar Preview A highly anticipated seminar organized by select financial technology firms is scheduled to take place on Friday, focusing on the impact of global cybersecurity threats and the countermeasures required to address the challenges faced by capital and money market operations in Nigeria. This significant event will attract participants from various backgrounds, including boardroom administrators, financial technology professionals, capital market operators, company secretaries, senior managers, human resources personnel, directors of companies, stockbrokers, and members of the general public. The seminar is jointly organized by the Financial Technology Association of Nigeria (FintechNGR) and the Institute of Capital Market Registrars (ICMR). FOR MORE INFO:  https://cryptolegalnetwork.com/collaborating-against-cyber-threats-insights-from-fintech-seminar/

The cryptocurrency community celebrates Bitcoin Pizza Day every year on May 22 . The first ever Bitcoin trade occurred on May 22, 2010 when 10,000 BTC were paid for two pizzas . Discover here the incredible tale of the first ever Bitcoin transaction . May 22, 2010 Marks a Historic Day for the Cryptocurrency Market On May 22, 2010, a man called Laszlo Hanyecz spent 10,000 BTC on two pizzas prompting the creation of Bitcoin Pizza Day, which is celebrated annually on May 22 . With Bitcoin’s meteoric rise in value the tale of the first ever Bitcoin trade has gained widespread attention . Those two pizzas are worth roughly $269 million right now and they were worth $690 million when Bitcoin achieved an all-time high of about $69,000 on November 10, 2021 . FOR MORE INFO:  https://financebun.com/happy-bitcoin-pizza-day-heres-the-story-behind-this-day/

Ripple said on Wednesday that it has acquired Metaco which is a Swiss company that provides safe custody of digital assets on behalf of customers . The San Francisco-based company was still fighting a lawsuit brought by the SEC when news of the purchase that can be considered one of the biggest acquisitions in the crypto market in the previous year or so broke . Ripple Bought Metaco for $250 Million The American cryptocurrency company Ripple announced on Wednesday that it will be purchasing the cryptocurrency custody firm Metaco for $250 million . This is considered Ripple’s first major purhcase. According to the company the price was paid using cash and stock in equal parts . As a custodian, Metaco creates software that banks can use to keep track of their digital assets . Citi, BNP Paribas and the digital asset division of Societe Generale are among its customers . Ripple’s CEO Brad Garlinghouse called the acquisition of Metaco “monumental” for the company’s developing product lineup...

An increase in the likelihood of a default by the United States government has created a rush of investors from Bitcoin into precious metals such as gold and silver . The prices of precious metals have been climbing steadily during the last several days. The Financial Instability in the US Causes People to Flee From Bitcoin On Tuesday, May 16, 2012, the price of gold reached 2012 dollars per troy ounce . According to Bloomberg, in the midst of the ongoing financial instability in the United States and throughout the globe, institutional investors see gold as the most secure form of investment . According to the findings of the survey over 50% of the world’s largest investors want to increase their gold holdings during the next calendar year . FOR MORE INFO:  https://cryptolegalnetwork.com/bitcoin-investors-are-switching-to-gold-btc-price-drops/