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The Bank of England raised its benchmark interest rate for only the second time in a decade, as worries over inflation trumped concerns about Brexit and a brewing global trade war.
WSJ.com: What’s News Europe
Some companies ask employees to reduce paper waste with less printing. Others have made their data centers run on renewable energy to help address climate change. Most offer recycling bins next to the copy machine.
But WeWork is trying a new tactic in the push toward corporate sustainability by…
Cal Thomas: As Americans we will often disagree but let’s do it with some level of respect for each otherMay 17, 2018 | dailybusinessnews
Politics has always been a contact sport and in America’s early days fisticuffs sometimes broke out in Congress.
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Hyper-localized and global crypto-bank Bitex begins token pre-sale on May 8th, 2018
Singapore — Bitex, the first locally-embedded global crypto-bank, today announced that they are launching their token pre-sale at 3 p.m. UTC, on May 8th. The pre-sale of XBX, Bitex’s utility token, will only be opened to accredited contributors in preparation for the company’s public crowdsale.
Bitex’s goal is to provide crypto-banking services that operate at a local level, supplying regionally-tailored banking services to customers that are currently underserved by the current banking system. Bitex believes that it can make the greatest social impact by starting at the local level and working closely with regional experts in marketing and regulation to broaden its reach over time, giving them an edge to become the first truly global crypto-bank for mainstream consumers.
Bitex’s coin will be used to provide access to the crypto-banking platform, EZBitex, and BitexPay, the payment solution for consumers and merchants. Additional services provided by Bitex include large scale business-to-business payments, crypto-currency trading and personal loans. As a reward for using Bitex, customers holding XBX will receive discounts on transaction
fees for crypto-currency exchanges.
“Cryptocurrencies have arrived at a time where they can really help optimize the global banking system,” said Harith Motoshiromizu, CEO and Founder of Bitex Global. “We aim to use crypto-banking to make financial services accessible to every human on earth, starting with those who need it the most.”
During the token pre-sale, XBX will be sold at 50 cents USD per coin and can be
purchased in ETH and the following fiat currencies: CHF, EUR, USD, GBP, DKK and SGD. There will be 30,000,000 available XBX tokens during the pre-sale with a soft cap of 1,000,000.
Bitex will become a cryptocurrency bank that will provide global, yet hyper-localized, banking services through a locally franchised platform. The company was founded a year ago and has already sold 2,760,000 USD worth of licenses in 8 different countries. Currently based in Bangkok, Thailand, Bitex will initially offer its services to customers in Asia but plans to expand its reach to more continents in the coming years.
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The post PR: Bitex Launches Token Pre-Sale to Bring Global Crypto-Banking to the Local Level appeared first on Bitcoin News.
Southern California drivers are paying the highest pump prices for gasoline in 2 1/2 years amid fears that prices could jump even further if the United States takes military action against Syria.
The upswing in prices reflects not only rising crude-oil prices but also a higher state gasoline tax,…
A toxicology report from Prince’s autopsy obtained Monday by the AP shows he had what multiple experts called an “exceedingly high” concentration of fentanyl in his body when he died. Prince was 57 when he was found alone and unresponsive in an elevator at his Paisley Park estate on April…
Despite President Trump’s vow to reduce the United States’ large trade deficit, the nation’s long-standing imbalance with the rest of the world widened substantially during his first year in office, to the highest level in almost a decade.
The Commerce Department said Tuesday that the U.S. trade…
“The detonation of Status-6 in any [large US port city] would essentially wipe out their population into the far suburbs,” says a senior analyst with the National Institute for Public Policy. Status-6—a mysterious Russian nuclear weapon described in the Nuclear Posture Review released Friday by the Trump administration—is…
Residents of the island of Luzon in the Philippines have been lying in nervous wait after seismologists predicted last week that its Mayon volcano was exhibiting signs of an “imminent eruption.” On Monday, the prospect of danger was raised further, with the threat level jumping from three to four (on…
California added 47,400 jobs in November, while the unemployment rate fell to 4.6%.
L.A. Times – Business