Category: News

what are my rights and what should I do with my money?

<span>Photograph: Audtakorn Sutarmjam/Alamy</span>
Photograph: Audtakorn Sutarmjam/Alamy

Every day the coronavirus-related job loss announcements mount up. British Airways is looking at axing possibly 12,000 posts; Boots is to cut 4,000, Pret a Manger 1,000, the owners of Upper Crust and Ritazza another 5,000. Airbus is talking of 1,700, Royal Mail 2,000 and Swissport, which handles airline baggage, about 4,500. When the furlough scheme ends, economists fear another huge wave of redundancies. We look at your rights and what you can expect financially.

What are my rights if there are redundancies where I work?

First, there are rules around consultation. In a big company (one

Read more

Coinsquare Conclusion, Ethereum Fees and a GPT-3 Poet

Australian blockchain startups are taking tech giants to court for banning crypto advertisements during the ICO boom, Coinsquare executives have settled over accusations of wash trading and South Korea is mulling increased taxes on crypto profits.

You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. 

Top shelf

‘Be Thankful I Don’t Take It All‘
The South Korean government has proposed a 22% tax – including the 2% local income tax – on crypto trading profits. The

Read more

How to Build a Business in Blockchain

Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Future of Finance newsletter.

Mike Cagney is the Co-Founder and CEO of Figure, a full stack financial services blockchain company with consumer offerings in market or on the way in lending, banking and more. In late-2019, Figure raised $103 million at a $1.2 billion valuation and continues to grow. Its Provenance blockchain promises radical efficiencies in the $400 billion annual loan origination and trading process.

Prior to starting Figure, Mike co-founded and ran SoFi, which raised over

Read more

There are two COVID Americas. One hopes for an extension of federal unemployment and stimulus. The other is saving and spending.

It’s been a rough few months for Chelsie Caudle.

The mother of two has run into delays applying for unemployment and food stamps in Portland, Oregon, after Grace Salon, a hair salon that specializes in cutting and coloring, was forced to shutter in March when the coronavirus pandemic hit. 

Caudle, who is self-employed, sublet a spot at Grace Salon to run her own business called Benjamin LLC. But with no income coming in for months, bills piled up, making it hard for her to afford groceries for her family, she says. 

“I’m panicked. I’ve run through my entire savings,” says

Read more

24 Ways To Make This Week’s Paycheck Go Further

With serious economic trouble looming, millions of potential workers applying for unemployment benefits and an entire country settling into a new and tense reality, it’s more important now to extend money’s purchasing power than it’s ever been. Here are some practical, doable and even fun ways to make the most of your money.

Last updated: April 6, 2020

Break Out the Coupons

Thanks to sites like Coupon Sherpa, Coupons.com and others, using coupons has never been easier and they can help you save money immediately. Right now, for example, you can save $1 on Coupons.com on both Clorox disinfecting mopping

Read more