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☆ Crypto.com's Exchange, Sponsorships, and Commercials, Explained
▼ + stars: | 2024-05-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

(That's not a knock on the company — for a lot of crypto exchanges, the Empire State is a tough nut to crack.) Crypto.com's primary business is its cryptocurrency exchange, which works as a middleman for people buying and selling crypto, but it also offers other products, including crypto Visa cards. To be sure, the casino thing could be said about most crypto exchanges — and sports-betting apps, and many regular trading apps. It's a good reminder that, whatever the company, it's better to use exchanges only for trading your crypto assets, not for storing them. Or maybe in five years we'll be looking back at this moment and saying: "Remember that one crypto company?

Persons: Eminem, Sam Bankman, Crypto.com doesn't, Jojo Siwa, it's, He'd, Nic Carter, Crypto.com, Kris Marszalek, Foris DAX Asia, It's, Matt Damon, Steven Kalifowitz, Bill Clinton, Tony Blair, FTX, hasn't, Marszalek, wasn't, Alex Gladstein, Emily Stewart Organizations: NBA, Los Angeles Lakers, It's, UFC, NASCAR, Lakers, Castle, Ventures, Staples Center, Miami Heat's, Binance's, Forbes, Financial Times, Securities and Exchange Commission, Bloomberg, PayPal, JPMorgan doesn't, Human Rights Foundation, Business Locations: New York, America, Singapore, Nigeria, Bulgaria, Monaco, Hong Kong, Polish, Los Angeles, Bahamas, Netherlands, Asia, Americas

The three companies collectively operate 75 U.S. casinos that permit indoor smoking, where state law allows. States like Nevada and New Jersey have prohibited indoor smoking more broadly, but carved out exceptions for casinos. Legislation to end indoor smoking at casinos is in various stages in several states across the country, including New Jersey, Pennsylvania and Rhode Island. Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking. In Las Vegas, MGM Resorts opened the first casino resort on the Strip to prohibit indoor smoking and even smoking on the pool deck.

Persons: Boyd, Bally's, it's, Jan Jones Blackhurst, we've, Marc Oppenheimer, we're, it'll Organizations: Boyd Gaming, Bally's Entertainment, Caesars Entertainment, Trinity Health, Nonsmokers, Rights Foundation, Trinity, Caesars, The Securities, Exchange Commission, C3 Gaming, SBC, North, United Auto Workers, Disease Control, U.S, CNBC, Las Vegas, MGM Resorts, MGM Locations: Livonia , Michigan, Bally's, U.S, Nevada, New Jersey, New Jersey , Pennsylvania, Rhode Island, North America, United States, Pennsylvania, Bensalem, Philadelphia, Las

☆ Lawsuit says Atlantic City casino workers are exposed to harmful secondhand smoke
▼ + stars: | 2024-04-05 | by ( Ramishah Maruf | Jeff Winter | ) edition.cnn.com time to read: +4 min

New York CNN —Smoky, hazy gambling floors have long been part of the Atlantic City casino experience for some people. Phil Murphy and the state’s health commissioner claiming that a loophole in state law exposes casino workers to health problems from secondhand smoke. Casino workers have long been advocating for protections under the 2006 smoke-free law, but progress has been snagged for years in the New Jersey legislature. But somehow, our casino workers have been asked to roll the dice,” UAW President Shawn Fain said at a press conference Friday. The casino workers have faced “death, severe physical illness, severe mental, physical and emotional distress, pain and suffering, anxiety, and stress,” the lawsuit said.

Persons: Phil Murphy, Murphy, Kaitlan Baston, New Jersey —, Shawn Fain, Matt Rourke, ”, smokin, Bill Organizations: New, New York CNN, Atlantic City, United Auto Workers, New Jersey Gov, Act, Workers, United Auto Workers union, Caesars, Tropicana, statehouse, New Jersey Health Department, New Jersey News, ’ Rights, Bally’s, CNN, Caesars Atlantic City, Caesars Entertainment Locations: New York, New Jersey, Bally’s, Trenton , NJ, City, Middletown , New Jersey, Atlantic, Pall

☆ Opinion: Russia has stifled another Putin opponent. Here’s how the West might help him
▼ + stars: | 2023-04-28 | by ( Opinion Casey Michel | ) edition.cnn.com time to read: +8 min

Editor’s Note: Casey Michel is the director of the Human Rights Foundation’s Combating Kleptocracy Program. While the West must continue to call for the release of those two high-profile political prisoners, it should not overlook Kara-Murza. US lawmakers in the US Congress have issued a range of congressional resolutions and individual statements highlighting Kara-Murza’s plight. The disjointed Western response to Kara-Murza’s plight only works to Russia’s advantage. It’s long past time to create a coordinating body to ensure that Western sanctions packages are aligned and airtight.

☆ Bitcoin is poised to blow up Africa's $86 billion banking system
▼ + stars: | 2023-03-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Then there's mobile money, which has been around since the early 2000s. Africa's mobile money transactions rose 39% to more than $700 billion in 2021, according to data from the GSM Association, a non-profit representing mobile network operators worldwide. That cash network was extraordinarily difficult and expensive to build, which is why there aren't a lot of direct competitors. Bitnob is SMS-based and piggybacks on the mobile money system, making it easier for people to send money directly into bank accounts and mobile money wallets in African countries. "We're able to settle into bank accounts or mobile money accounts, without the recipients having to interact with bitcoin themselves," Parah tells CNBC.

☆ How this 26-year-old went from running bitcoin trading desks in Taco Bells to creating the largest crypto exchange in Africa
▼ + stars: | 2023-03-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +28 min

Yellow Card CEO Chris Maurice just before meeting with the Securities and Exchange Commission in Accra, Ghana. Chris MauriceFrom there, Yellow Card users can send or receive digital cash in eligible markets. Zoom In Icon Arrows pointing outwards Yellow Card CEO Chris Maurice in Accra, Ghana loading cash onto his Mobile Money account, MoMo. Yellow Card has facilitated $1.75 billion in transactions since launching in 2019 and has about 220 employees – mostly in Africa. A resident checks his phone outside a mobile money kiosk in the Kibera district of Nairobi, Kenya, on Monday, Aug. 1, 2022.

☆ Bitcoin still has a big opportunity in payments despite 60% drop this year and choppy waters ahead
▼ + stars: | 2022-12-30 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +9 min

Investors are constantly reminded that despite the myriad coins, projects and innovations in crypto, bitcoin may be the only "safe" crypto asset to buy. And while Tesla didn't credit the volatility for its reversal, many observers saw it as evidence that the belief in bitcoin's payments capabilities were misguided. "Bitcoin's price on any given day — as a remittance vehicle — has no effect on us," he said. The group that runs the Lightning Network, a payment protocol built on the Bitcoin network, is committed to making Bitcoin network payments even faster, less costly and more readily confirmed than transactions made directly on the Bitcoin blockchain. Crypto investors, on the other hand, were "disproportionately high-income, almost always had a traditional banking relationship, and typically had other retirement savings."

☆ Harry and Meghan accept 'Ripple of Hope' human rights award
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +1 min

LONDON, Dec 7 (Reuters) - Britain's Prince Harry and wife Meghan accepted a human rights award at a "Ripple of Hope" gala in New York where they were honoured for addressing racial injustice and mental health. The British royals received the award late on Tuesday from the Robert F. Kennedy Human Rights Foundation which honours leaders across government, business, advocacy and entertainment who have shown an "unwavering commitment to social change". Kerry Kennedy, president of the Foundation and daughter of the slain U.S. Senator Robert F. Kennedy, said the couple had been "incredibly brave" to talk about their experience of racial injustice and mental illness, the Telegraph reported. Meghan and Harry said in a statement that "a ripple of hope can turn into a wave of change".

☆ In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
▼ + stars: | 2022-11-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +32 min

Others arrange clandestine meetings via Telegram to swap the stablecoin tether for U.S. dollars in order to buy groceries. In Jan., police raided a small crypto mining farm in the hydro-powered town of Jezzine, seizing and dismantling mining rigs in the process. But mining crypto tokens to earn a living is not for everybody. Younes tells CNBC that he initially moved 15% of his money into bitcoin, and he kept the remaining balance in cash. Lebanon has six bitcoin ATMs — one in Aamchit and five in Beirut, according to metrics offered by coinatmradar.com.

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