The Pension Gap Between Men and Women in the UK Stands at 34% Edith Muthoni September 28, 2022 0 Comments Getting her two kids in the early nineties was life-changing for former banker Kim Uzzell. Besides the joy that motherhood brought her, she had to take a drastic action – cutting her pension contributions. That’s because, like most UK mothers, taking care of her children preceded securing her future. Uzzell’s decision meant that she would … Read more
China’s Manufacturing Output Surged by 322% in Two Decades, 6x the US Growth Jastra Kranjec September 28, 2022 0 Comments Although the United States used to be the world’s largest manufacturing hub, it has been over ten years since China claimed the top position. According to data presented by Trading Platforms, China’s manufacturing output surged by 322% in the last two decades, six times the US growth. China’s Share of Global Manufacturing Output Jumped Tenfold … Read more
Annual Return on Staked Crypto Assets Averaged 8.8% In the Last 1 Year Edith Muthoni September 26, 2022 0 Comments With cryptocurrency, you can stake your digital assets to earn passive income. Staking refers to keeping cryptocurrency locked up to earn incentives or interest. It is similar to depositing cash in a high-yield savings account. You put your digital assets into a staking pool, earning interest on your account balance. According to TradingPlatforms.com, the annual … Read more
30% Of the Electricity Used to Mine BTC in August Came From Solar, Wind, and Other Renewable Sources Edith Muthoni September 21, 2022 0 Comments Bitcoin mining is quite draining on the power grid. For that reason, there are deliberate efforts to use other energy sources for Bitcoin mining. According to TradingPlatforms.com, 30% of the electricity used to mine BTC in August came from solar, wind, and other renewable sources. Regarding the report, TradingPlatforms financial specialist Edith Reads said: “As … Read more
Global IPO Activity Slumped by 73% YoY Jastra Kranjec September 20, 2022 0 Comments The nine months of 2022 saw a dramatic slowdown in global IPO activity after a record year in 2021. According to data presented by Trading Platforms, global IPO activity slumped by 73% year-over-year, with the total value of deals reaching just over $116bn. Total Value of Deals 40% Lower than in Q1 2021 As the … Read more
Total Tokenized Assets to Reach 10% Of the Global GDP by 2030 Edith Muthoni September 19, 2022 0 Comments A new study reveals that a significant quantity of the world’s wealth is illiquid. That includes real estate, pre-IPO stocks, private debt, business revenues, and private funds, among many more. For many would-be investors, their pricey nature, deficiency in wealth management expertise, and regulatory hurdles exacerbate their scanty access. Tokenization provides a means of unlocking … Read more
North Korea-Linked Groups Have Stolen Approximately $1 Billion From Defi Protocols in 2022 Edith Muthoni September 13, 2022 0 Comments The most worrisome trend in crypto crime is the startling increase in funds stolen from DeFi protocols, particularly the cross-chain bridges. A significant portion of the value stolen through Defi protocols can be traced back to malicious actors with ties to North Korea. Highly skilled hacking groups such as Lazarus Group have taken credit for … Read more
Apple’s Gross Margin Declines to 35.9% In the Third Quarter of 2022 Edith Muthoni September 12, 2022 0 Comments The technology industry is experiencing difficult moments as the COVID-19 pandemic hit global economies hard. The iPhone maker is no exception, as Apple’s gross margin has taken a hit in recently. According to TradingPlatforms.com, Apple’s gross margin declined to 35.9% in the third quarter of 2022. This marks a significant drop from the company’s 43.8% … Read more
Startups Laid Off Nearly 77,000 Employees in 2022 Jastra Kranjec September 12, 2022 0 Comments A wave of layoffs has swept across the globe as companies struggle with slower business growth and rising labor costs. Thousands of companies have been forced to reduce costs and cut down their staff; startups are no exception. According to data presented by Trading Platforms, startups laid off nearly 77,000 employees in the nine months … Read more
Apple Pay Grows Past Mastercard to Processing Over $6 Trillion in 1 Year Edith Muthoni September 7, 2022 0 Comments The prevalence of Apple Pay increases as more stores and apps begin to accept the payment method. TradingPlatforms.com reports that Apple Pay has surpassed Mastercard as the payment system handling the most annual transactions at over $6 trillion. According to the data, Apple Pay could pose a severe challenge to VISA’s market share in the … Read more
