Joseph Rees

Bitcoin Mining Companies | Soaring Exec Pay Packages

More and more investors are speaking out against what they see as excessive pay for executives at U.S.-listed bitcoin mining companies. New research from VanEck shows that executive compensation at major U.S.-listed bitcoin miners has increased by 115%, and shareholders are pushing back on concerns of dilution, governance, and lack of performance alignment. Pay comparison…

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World Mobile CEO: DePINs Provide an Escape Hatch for Frustrated Telecom Subscribers

According to Mickey Watkins, decentralized physical infrastructure network (DePINs) can potentially fill the void or blackspots that major telecoms have consistently failed to cover. DePINs can potentially offer an alternative to frustrated subscribers and a chance to earn an extra income. DePIN Market Projected to Reach $3.5 Trillion by 2028 The World Economic Forum (WEF)…

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Tasmania Hit by Spate of Crypto ATM-Related Scams

Over a dozen residents in Tasmania have been defrauded of approximately $1.64 million through scams involving cryptocurrency ATMs, with one victim losing over $493,000. Scammers Exploit ATMs Amidst Rapid Expansion More than a dozen residents of the Australian island state of Tasmania have been defrauded of an estimated $1.64 million through scams that exploited the…

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Ripple National Trust Bank Targets Fed Access—Is RLUSD About to Go Full Scale?

A major leap toward regulated crypto banking is underway as Ripple seeks a national trust bank charter to elevate stablecoin credibility and custody standards. Ripple National Trust Bank Deepens Regulatory Footprint With RLUSD Strategy Ripple is advancing its regulatory ambitions with an application to establish Ripple National Trust Bank, signaling a deepening push into federally…

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Ripple’s RLUSD Gains Momentum as Bank Wires Lose Ground

Ripple’s RLUSD stablecoin is set to revolutionize global payments, slashing remittance costs, boosting speed, and unleashing real-time blockchain-powered transactions worldwide. RLUSD Enters $27.6T Stablecoin Market as Ripple Pushes for Regulatory Clarity Ripple shared on July 11 that Ripple USD (RLUSD) is reshaping global remittances by offering faster, cheaper, and more accessible cross-border payments compared to…

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