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Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
NVIDIA Maxine's AI-powered platform enhances video communication for businesses, educators, and content creators through its partnership with VideoRequest. (Read More)
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices.
ReQuest wants to transform event ticketing with blockchain technology, providing transparent and secure solutions that enhance fraud prevention and event management efficiency.
A new study by Surfshark shows that global government requests for personal user data from Big Tech companies such as Meta, Apple, Google, and Microsoft have been on the rise since 2013. The study reveals that Meta had the most accounts of interest from authorities, while Apple had the fewest. Most requests came from authorities in the United States and Europe and were related to criminal investigations and civil or administrative cases. (Read More)
Despite the market experiencing another price dip similar to February, liquidations on lending platforms have remained relatively low. A significant shift has occurred in Aaves Mainnet, where high-risk loans have decreased by nearly $1 billion, according to IntoTheBock data. While some of these reductions stem from forced liquidations, a larger portion reflects the markets cautious […]
Information is one of the most valuable commodities in the world, Bitcoin is information transmuted into money. If you want information to be free, give it a free market.
U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the defense enough time to make its case, the judge issued a temporary gag order restricting their public [...]
The post Prosecutors Want Sam Bankman-Fried Jailed Ahead of Trial appeared first on Crypto Breaking News.
A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023. Terraform Labs Co-Founder’s Bail Request Invalidated by Montenegrin High Court For the past 62 days, Do [...]
The post Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom appeared first on Crypto Breaking News.
A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to compensate his clients. The attorney is asking officials in Sofia to take into account developments he considers related to the case, including the recent murder of a Bulgarian crime figure in South Africa. [...]
The post Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets appeared first on Crypto Breaking News.
In cryptocurrency markets, it has been a torrid year.
Bitcoin and Ethereum are down over 70%. However, in the world of altcoins, it has been a lot worse, with many coins paring down well over 90% as the bull market hysteria came to an abrupt halt.
Request Finance is one of those, the decentralised payment system whose native token is down over 90% from its peak. Providing invoicing services and other payroll solutions, it has shown even more volatility than normal recently. I interviewed Ivan Hong, Content Lead at Request Finance, to get an insight into how life has been for altcoins struggling against the wave of selling across the industry, and what Request’s plan is going forward.
Invezz (IZ): The Request token surged over 80% before plunging 40% earlier this week, and is now back to roughly where it started. Compared to previous highs, it is still down over 90%. Do you think the extreme volatility of the coin, and the relatively low liquidity, is a bad thing?
Ivan Hong (IH): Volatility is only a bad thing when one is talking about a stablecoin intended to facilitate the flow of value in an economy.
On the contrary, for investors of all stripes, volatility can only be a good thing. For investors that take a long-term view, volatility allows investors to accumulate a desirable token at their target prices. For short-term investors, volatility is indeed, the very source of profit.
$REQ’s volatility is, in fact, good for awareness and growth. It also suggests that investors of various convictions are beginning to take notice of what we are doing.
It is important to remember that Request Finance is an app built on top of the Request Network protocol. If Request Finance is successful, $REQ is going to be successful as well.
The token economics is designed so that increased usage of the Request Network decreases the token supply. All things being equal, this should increase the value of the $REQ token in the long run.
Request Finance contributes to the decrease in $REQ supply, by accelerating the Requests for payment on the network. It had hit nearly $250 million in total payments volume since launching in January 2021.
We hope that Request Finance’s consistent, often double-digit monthly growth demonstrates to other builders the value of building other applications on top of Request Network.
The team is constantly improving the app and making it more user-friendly. Recently, Request Finance launched an escrow feature using smart contracts for crypto payments to make user funds more secure.
IZ: As someone who bills my work every month, I am very familiar with the invoicing process. How exactly would Request make it easier, and what advantages would it have compared to similar processes domiciled outside of the blockchain? What exactly does the blockchain help with?
IH: The difference is night and day – especially if you do business globally. I understand that Invezz.com is a global company, and also has many freelancers that invoice your company in crypto.
How are those crypto invoices managed today? Typically, they are PDF files sent via email. This creates all sorts of administrative headaches.
Firstly, there is the issue of payments. Most companies have a spreadsheet containing lists of wallet addresses on one column, and names on the other. They must manually copy the payment information from either the PDF invoices, or this spreadsheet when paying the invoices. This is time-consuming, and incredibly prone to human error.
In Request Finance, all wallet addresses are linked to names and emails. There is no chance of paying the wrong amount or to the wrong person. With our batch payments feature, you can also review, approve, and pay hundreds of different wallets, in different tokens in just three clicks.
Secondly, there is also the issue of finance operations. With Request Finance, you can spare yourself the endless back-and-forth of unnecessary communications between freelancers and your company’s finance department.
You can schedule recurring invoices for monthly billing. Or automate email reminders to chase upcoming, or late payments due. You can also enable email notifications to let everyone know when their invoices have been sent, rejected, accepted, or paid on-chain.
But wait – there’s more. A common nuisance companies experience with invoices is that mistakes sometimes occur with the wrong billing information like the company’s name, Tax ID, or address. This can cause needless delays in processing payments.
Our “InvoiceMe” feature allows you to send your freelancers or contractors a QR code or link. This will automatically create an invoice that’s already pre-filled with your business information. They will just need to fill out the rest of the invoice. Now anyone can invoice you correctly in just a few clicks.
Thirdly, there is the issue of bookkeeping. The PDF files all come in different layouts, which must be manually downloaded, properly named, and stored into files. Their data must be extracted, compiled, and uploaded into some bookkeeping or accounting software like Xero. But how do you account for the historical exchange rates of invoices denominated in volatile cryptocurrencies, or even fiat exchange rates? What about gas fees?
All of this is automated in Request Finance. You have a single clean dashboard where you can see all your invoices in chronological order, filter by names, addresses, or payment status. All this data, including historical exchange rates and gas fees, can be easily exported to tax or accounting software in a few clicks.
IZ: I have been paid in crypto before, which was a seamless experience carried out by sending my wallet address to my employer. Where does Request fit into this process?
IH: Request Finance is designed to meet the operational and compliance needs of enterprises. The easier it is for them to manage hundreds of freelancers like you, the less likely they are to make mistakes, or face delays when paying you.
But there are also benefits to you as a freelancer or contractor getting paid in crypto.
It helps you simplify the billing process. You can automate recurring invoices for billing your clients monthly, weekly, or even on a streaming basis. Or schedule email reminders to chase upcoming bills, or even late payments past due.
It also lets you know when you have been paid. You can also enable email notifications to let you and your clients know when your invoices have been sent, rejected, accepted, or paid on-chain.
Lastly, it serves as a deterministic proof of income. Suppose you receive a call by law enforcement agencies, suspecting you of laundering money for an international scam ring. Or the tax authorities accusing you of unlawful tax evasion. Sending them your Etherscan wallet history does little good.
This has already happened to several of my colleagues working in crypto. Unfortunately, they had to endure the inconvenience and fright of hours of interrogation, and having their assets frozen before finally being declared innocent after several weeks.
The pseudonymous nature of crypto wallet addresses, and the long alphanumeric strings of transaction hashes are ill-suited for financial reporting, or calculating tax liabilities.
But with Request Finance, all this is documented easily, and in a human readable format. All wallet addresses are also linked to real world identities in a deterministic manner. There is almost no chance that a wallet, or payment is mislabelled by accident.
IZ: What is the thinking behind the Request native token? Could the service exist without this?
IH: The $REQ token was designed to facilitate transactions across the Request Network ecosystem in several functions:
IZ: There are many crypto startups which work in similar areas. How competitive is this area, and how many do you think will ultimately survive this bear market?
Competition is a good sign. It indicates that many people think an opportunity is worth pursuing. New entrants are always free to enter the space, and legacy players too, may decide to compete in this arena by acquiring crypto startups like us.
But I think earning users’ trust is perhaps one of the hardest things to do for enterprise SaaS companies. The CFO of a larger crypto company that processes millions of dollars each month is hardly going to be convinced to try out a side project, with no assurance of customer support when things go wrong, or the ability to support new feature requests, integrations, or continuous improvements.
Request Finance is very well-capitalized, with large, well-known users like The Sandbox, Decentraland, Aave, and others – many of whom are also our backers.
The reality of any free market is that most will not survive the bear market. Just look at all the failed dotcom hopefuls from the 1990s. But I also think that those like us who continue to build in the bear market and can demonstrate continued growth despite adverse macroeconomic conditions are well-positioned.
IZ: The bear market has obviously been brutal, with prices across the board collapsing. Do you think that coins such as Request can rebound while the macro environment continues to worsen, or will this be a long-term rebuild contingent upon the wider economy (and crypto) recovering, as well as Request continuing to evolve?
IH: If I could tell you with any certainty where the price of any token was headed, I am either a genius, a fraud, or a fool! I make no claim to the former, and certainly not the latter.
There are many determinants of token price, so numerous and complex in their interactions that the price movements might as well be characterized as largely stochastic.
Those seeking to profit from short-term positions must do so with extreme caution, making sure never to deploy more capital than they can afford to lose. It is certainly not impossible to profitably trade altcoins this way. But the vast majority of casual investors will lose money in the delusion that they can.
Generally speaking, most people should take a long-term view of projects, and evaluate their merits on the basis of fundamentals in as rigorous a way as possible. There are many models of valuation ranging from the traditional to the esoteric. We believe that is why we currently have a good number of Tier 1, global venture capital funds throwing offers at us.
The post Invoicing in crypto- Request Finance Q&A appeared first on Invezz.
Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB […]
Request price is up over 219% this Thanksgiving, more than tripling in price today. With a market cap of $720 million and a 24-hour trading volume of $414 million, Request Network is the top 141st largest cryptocurrency. What is Request, and why is the price rising? Let’s take a look. What Is Request (REQ)? Request […]
The post Request Price Up 219% in the Past 24 Hours Amid The Sandbox Partnership appeared first on NullTX.
The team explored all options in the market and chose Request Invoicing because no other product had the same range of features.
Continue reading The Sandbox Joins List of Request Finance’s Major Clients at DailyCoin.com.
Request was born with the image of a future where invoices can be denominated and paid in any currency with the tokenization of fiat, as well as where legacy banking systems no longer exist in transactions. Cryptocurrency is the most modern and popular finance solution that industries are looking forward to using due to its [...]
The post Request Finance: A Suite of Financial Tools for Businesses & Freelancers appeared first on Blockonomi.
In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a formal invitation to join the BRICS bloc. Speaking to reporters on Monday, AK Abdul Momen, the foreign minister of Bangladesh
The post Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request appeared first on BTC Ethereum Crypto Currency Blog.
As the altcoin market continues to rally, many investors are eager to see if this marks the start of a new crypto season. With the recent surge in XRP and ETF filings, the community is buzzing with speculation about what the future holds. One notable figure adding fuel to the fire is Hawk Tuah, who [...]
The post Is Altseason Over? XRP ETF Requests Surge, and More: Top Crypto News Recap, Feb. 2 8 appeared first on Crypto Breaking News.
The United States Securities and Exchange Commission (SEC) has decided to postpone making a decision on approving options for Ethereum exchange-traded funds (ETFs). The delay comes as the SEC continues to scrutinize the growing market of digital assets. Regulators are taking a cautious approach towards expanding the availability of ETFs tied to cryptocurrencies like Ethereum. [...]
The post SEC Requests Extension to Consider Ethereum ETF Options appeared first on Crypto Breaking News.
The Securities and Exchange Commission (SEC) has requested a stay in the case involving Justin Sun, seeking a potential resolution. The SEC’s move comes amid ongoing legal proceedings related to Sun’s activities in the cryptocurrency industry. Sun, a prominent figure in the crypto space and founder of TRON, has been embroiled in a legal battle [...]
The post SEC Requests Pause in Lawsuit for Potential Resolution with Justin Sun appeared first on Crypto Breaking News.
The CEO of FTX, Sam Bankman-Fried (SBF), commented on former President Donald Trump’s recent appeal for donations. SBF expressed his skepticism about Trump’s plea, labeling it a “con” and urging people to be cautious. The cryptocurrency exchange executive warned individuals to thoroughly research before giving money to any cause, especially if it involves political figures. [...]
The post SBF’s Strategic Political Maneuvering: Playing Both Sides of the Aisle Despite Republican Requests appeared first on Crypto Breaking News.
The Ripple (XRP) community is abuzz with excitement as analysts predict a potential price surge for the digital asset. In a recent report by SBF Parents, the forecast for XRP looks promising, hinting at a possible bullish trend in the near future. This news has sparked renewed interest among hodlers and traders alike. The anticipation [...]
The post Is XRP Heading Towards $4? SBF’s Parents Request Trump Pardon, and Other Updates: Hodler’s Digest, Jan. 26 – Feb. 1 appeared first on Crypto Breaking News.
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