Business

How People Working in Debt Collection Handle Caller Abuse

Guybrielle Madison keeps a stock of crunchy snacks hanging on the door of her pantry-turned-home office, where she works remotely as a debt collector at United Collection Bureau, a family-owned business headquartered in Toledo, Ohio. She prefers crackers, pretzels and cheese puffs. The louder the crunch, the better. Every time screams start to filter through

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Bitcoin (BTC) and Ether (ETH) suffer worst weekly decline since FTX crash

Crypto investors suffered one of their toughest weeks in years as a wave of selling wiped hundreds of billions of dollars from digital asset markets. Bitcoin BTC$60,590.40 fell 17.3% this week while ether (ETH) fell 22%, putting both assets on track for their biggest weekly declines since November 2022, when the collapse of Sam Bankman-Fried’s

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Meta pays creators in Stablecoins. Spending them is someone else’s problem

In March, when Meta announced plans to begin paying creators in USDC in Colombia and the Philippines, with expansion to more than 160 countries planned by the end of the year, the move was widely interpreted as another step for stablecoins’ entry into the financial mainstream. A company responsible for nearly $3 billion in annual

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Billion-Dollar Crypto Investor Doubles Down on Bitcoin, Questions the Benefits of Ethereum

James Wo, founder and chief executive of crypto investment firm DFG, says bitcoin remains the dominant institutional asset in crypto – and is unlikely to achieve the same status anytime soon. Speaking to CoinDesk at the Proof of Talk conference in Paris, Wo dismissed Bitmine Immersion Technologies President Tom Lee’s big prediction that ether would

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Why Quantitative Traders Use Complex Math Models to Hijack Your Weekend Sports Bets

Chicago-based trading giant DRW has spent decades profiting from disparities between different asset classes, and it is now building a dedicated prediction market desk targeting platforms such as Polymarket and Kalshi. The move is one of the clearest signs yet that sophisticated “quantitative trading” firms – traders who use complex mathematics and analysis to set

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Satoshi-era BTC at center of $285 billion Bitcoin lawsuit after 14 years

A Bitcoin address that held 35.55 bitcoins worth $2.54 million untouched since March 2011 moved its coins earlier this morning, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit that claims legal title to 39,069 dormant Bitcoin wallets. The wallet, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, sent 15 BTC to a

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Michael Saylor reveals the four tribes of Bitcoin as the market collapses

Following Bitcoin’s worst week in two years, Michael Saylor, executive chairman of Strategy (MSTR), released a framework on X, claiming that the Bitcoin community evolves into four distinct ideological camps. Rather than seeing these groups as competitors, he presents them as complementary forces that will collectively shape the future of Bitcoin. The first group, Bitcoin

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Are Retail Traders Selling Bitcoin to Buy Elon Musk’s SpaceX IPO?

Some online discussions appear to speculate that retail investors could sell cryptocurrencies to pursue the largest IPO ever. SpaceX, the rocket, satellite and AI company owned by Elon Musk, is selling up to 30% of its record $75 billion offering directly to retail investors through Robinhood, Fidelity and Charles Schwab, more than three times the

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