Coinbase Shatters Expectations with 72% Revenue Growth to $1.6 Billion
The Rise of Coinbase: A Financial Overview
The leading American cryptocurrency exchange recently announced impressive financial results for the first quarter of the year. With a revenue of $1.6 billion, representing a significant 72% increase from the previous quarter, Coinbase reported a net income of $1.18 billion, driven by a surge in transactions and favorable changes in crypto accounting regulations.
Revenue Breakdown
- Consumer transaction revenue doubled to $935.2 million, with a volume increase of over 93% to $56 billion.
- Institutional trading revenue soared by 133% to $85.4 million, with a volume exceeding $256 billion.
- Bitcoin accounted for a third of both consumer and institutional transactions.
These figures surpassed analysts’ expectations, with shares experiencing a
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Coinbase Shatters Expectations with 72% Revenue Growth to $1.6 Billion
Al Bilad newspaper Bahrain’s indicators are high in “global digital job skills”
– 2024-05-03 03:40:37
Bahrain obtained high indicators in the skills required for global digital jobs, according to the latest scientific papers published in the World Economic Forum, and its numbers were among the top 10 global numbers.
According to the scientific paper entitled “Realizing the Potential of Global Digital Jobs,” Bahrain obtained scores higher than 5 in the five indicators that were measured out of 7 scores.
The scientific paper indicates that Bahrain scored 5.0 in creativity and problem-solving skills, 5.2 in management skills, 5.0 in self-efficacy, 5.2 in technical skills, in addition to 5.
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https://www.worldysnews.com/al-bilad-newspaper-bahrains-indicators-are-high-in-global-digital-job-skills-2024-05-03-034037/
Password crackable within three hours: ‘Create a passphrase’
#Password #crackable #hours #Create #passphrase
Passwords that have taken some time to think about can still be easily cracked. On World Password Day, cybersecurity experts urge people to think carefully about passwords. If you want to prevent anyone else from accessing all your data at all costs, a passphrase is the solution, says cybersecurity expert Joost Gijzel in Goedemorgen Nederland on NPO 1.
“Suppose you have a password that consists of eight lowercase letters. That takes about three hours to crack. If we add numbers and special characters, it still only takes three hours,” says Gijzel. “Computers can calculate faster and fa
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Password crackable within three hours: ‘Create a passphrase’
Decline in rice imports
| Rice imports have been gradually declining in recent months. |
The Rice Observatory noted in its monthly bulletin a clear decline in rice imports over the past six months, an unexpected but very real situation.
A miracle. While all parameters seemed to point to a considerable increase in rice imports, the facts show the opposite. According to figures published by the Rice Observatory in the latest issue of its monthly bulletin, rice imports have been in sharp decline for six months. The bulletin mentions a real fall in rice imports.
Imports amounted to 71,73
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Comperj: Petrobras opens tender to resume work – 02/05/2024 – Market
St. Paul
A Petrobras announced this Thursday (2) the tender procedure for the construction works and completion of the units at the GasLub Polo, previously Comperj (Petrochemical Complex of Rio de Janeiro).
The project, in Itaboraí (in the Rio de Janeiro metropolitan region), was the target of Operation Lava Jato and had been derailed by previous administrations.
According to the company, the estimate is that the units will have the capacity to produce approximately 12 thousand bpd (barrels per day) of lubricating oils, as well as 75 thousand bpd of S-10 diesel and 20 thousand bpd of QAV-1 (kerosene aviation).
“The hiring represents a milestone for the recovery of the GasLub hub and with it the company invests once again in a project of great importance not only for Petrobras, but for Rio de Janeiro and the whole of Brazil”, we read in a Note. president of Petrobras, Jean Paul Prates.
It is estimated that up to 10,000 direct and indirect jobs will be created over the period of construction of the works. The final value of the project will depend on the result of the tender.
The company specifies that the resumption of the hub, whose work was interrupted in 2015, is in line with “Petrobras’ strategy to modernize its refining park and offer the market and society advanced products with high added value” .
During the government Bolsonarothe state-owned company neglected the construction of refining and lubrication plants.
Under the direction of Roberto Castello Branco, Petrobras even decided to rename the project.
“Also known as cemetery of corruption, Comperj changes name. His name has been tarnished by corruption,” the executive said, announcing that he would change his name to GasLub Itaboraí.
In 2021, Petrobras and the government of Rio de Janeiro signed a memorandum of intent try to attract businesses to the area and transform the area into an industrial district aimed at segm
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Comperj: Petrobras opens tender to resume work – 02/05/2024 – Market
Bank of Korea Governor Lee Chang-yong Addresses Unexpected GDP Growth and Future Monetary Policy Discussions at ADB Annual General Meeting
The Governor of the Bank of Korea holds a press conference in Georgia held at the ADB Annual General Meeting
“GDP, the difference is big compared to expectations… I look at it modestly.”
“I saw the US Federal Reserve pivot in the second half… but the timing has been pushed back.”
(Tbilisi = Yonhap Infomax) Reporter Kim Jeong-hyun = Surprised by the surprising GDP (Gross Domestic Product) that exceeded expectations, Bank of Korea Governor Lee Chang-yong, who even looked to the US Federal Open Market Committee United States (FOMC) in May, announced that it would fully re-examine future monetary policy discussions.
This is an assessment that has assumed that the domestic and international economic conditions to date have changed significantly compared to expectations. Governor Lee also expressed that he would look at growth rates, etc. with a humble mind.
On the 2nd (local time), Governor Lee held a press conference in Tbilisi, Georgia, where he was visiting to attend the ADB (Asian Development Bank) Annual General Meeting and the ASEAN+3 Finance Governors’ Meeting and the Bank Central, and held a press conference saying, “The Financial Policy Committee’s April Monetary Policy Direction Meeting (Tongbang) is a situation that is difficult to use as a basis for opening the door in May,” he said. “It is difficult to say that it is the starting point, but the situation has changed since April, so it is necessary to check again.”
Governor Lee Chang-yong of the Bank of Korea holds a press conference in Tbilisi, Georgia on the 2nd (local city).
◇ GDP · US pivot · exchange rate… Three requirements to check
The reason Governor Lee made such a statement about future monetary policy was because he had three main things in mind: GDP, which was sorely missing predictions, continued delays in the timing of the Federal Reserve’s pivot US, and the dollar-earned exchange rate, which rose unsteadily. .
First, he recalled, “The United States gave a pivot signal during the opening of April, and monetary policy was established on the assumption that the United States would begin to lower interest rates in the second half of the year.”
He said, “However, as the economic data in the US shows signs of improvement, it appears that the timing of the interest rate cut has st
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Work at home, blow to those who renovate illegally: huge fines for those who go astray
Building renovation
Work at home, what risks those who renovate illegally. The punishability threshold drops
Il government decided to intervene on house renovations. The crackdown tool is the congruity checki.e. the analysis of the cost of labor compared to that of the intervention, the provision applies to all contracted or subcontracted companies and to all workers involved in any capacity in the worksite. In the final draft of the Cohesion Decree – we read in Il Sole 24 Ore – it popped up Articl
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Work at home, blow to those who renovate illegally: huge fines for those who go astray
Trikala Region: 13.1 million euros for irrigation projects
– 2024-05-03 02:32:07
Today, the contract for the construction of irrigation networks in the PE of Trikala, with a budget of 13.1 million euros, was signed, in the presence of the Minister of Infrastructure and Transport, Christos Staikouras.
Also present at the signing of the contract in the Municipality of Trikkaia were the Minister of Digital Governance Dimitris Papastergiou, the Deputy Minister of Infrastructure and Transport, responsible for Infrastructure Nikos Tahiaos, the Vice-Regional Governor of the Municipality of Trikala Chrysa Dinti, the Mayor of Trikkaia and President of PED Thessaly Nikos Sakkas and the Mayor of Pili Kostas Maravas.
The Minister of Infrastructure and Transport emphasized that the interventions refer to all four Municipalities of the Trikala Region (Pylis, Farkadona, Trikkaia and Meteora), while the underground irrigation networks will have a total length of more than 255 km.
As Mr. Staikouras noted:
“The project is co-financed, with a rate of 85%, by the European Agricultural Fund for Rural Development (EAFRD) and the Rural Development Program
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Trikala Region: 13.1 million euros for irrigation projects – 2024-05-03 02:32:07
Mastering Business Financial Management for Success: Strategies, Software, and Wise Account Benefits
Everything you need to know about business financial management: what is it based on? How to implement an effective control strategy? What software can help you?
The Wise account helps you to streamline certain processes related to financial management: it allows you to do large payments and works in sync with some software like Xero.
Learn more about the Wise account for business
Business financial management: what are we talking about?
Financial management refers to how a business manages its resources to achieve its objectives.
To put it simply, it’s about rationalizing the company’s financial flows to find the best balance between financial health and development.
There are two types of “financial flows”:
| Recipes | Costs |
|---|---|
How to establish an effective finance?
Financial management is based on 5 aspects:
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Costs & budgets
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Funding
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Taxes
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Investments
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Management control
Costs & budgets
Expenditure and budget management includes ensuring that the company’s resources are used rationally.
For this, we rely on:
With these indicators, it is possible to establish a forecast budget for the next year, but also to be able to adjust the company’s strategy according to this year’s results.
Funding
Are you looking for an investment? You have to convince your future creditors of a financing plan and a solid forecast budget. This will give them a clear view of the objectives and how the money will be used.
Once you have your credit, managing your expenses is essential to paying off your debts on time. Especially since investors can ask you for the right to check, or even decide, about the progress of your company.
Taxes
Tax management is twofold: tax payment and optimization.
Businesses are subject to the following taxes:
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VAT: must be declared monthly or quarterly, which requires daily monitoring. You need to make sure that you submit the returns on time, but also have the money needed for payments.
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PEEC: Employer participation in the acquisition effort
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CET: territorial economic contributions
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Paying taxes
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Social costs…
Depending on the amount of tax you pay, tax optimization can be an interesting solution to improve your profitability and your competitiveness on the market.
Investments
Sometimes investments are needed to accelerate the growth of the company: purchase of equipment, renovation of a building, opening of a new branch.
If you want to make the right decision at the right time, you need to have reliable indicators. Especially in terms of financial flows and credits to be paid back.
Management control
An annual financial review is necessary to assess the competitiveness of your business and set strategic goals.
Symptoms to watch for include:
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Commercial margin: difference between the selling price of a product or service and its purchase cost. The higher it is, the bigger the profit. A low margin can indicate problems related to production costs, selling prices or competiti
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Mastering Business Financial Management for Success: Strategies, Software, and Wise Account Benefits
DYPA program: 830 euro salary and 7-month contract for 25,000 unemployed
2024-05-03 03:19:26
The program, as the Free Press reveals today, concerns unemployed people aged 18-30, graduates of at least Compulsory Education and registered in the DYPA register.
The duration of their employment will be for 7 months and their remuneration will be equal to the minimum wage of 830 euros with a ratio of holiday gifts and leave allowance and with full insurance and medical care from the EFKA.
The program is aimed at private companies and Local Government companies that want to hire staff.
Business applications will begin to be submitted after the announcement of the program by DYPA, which is expected to be published after St. Thomas’ Sunday.
Interested businesses can absorb more than one unemployed person, depending on the staff they already employ.
Escalation…
According to the program, the maximum number of unemployed people that can be employed in a business is as follows:
*In businesses with up to 3 existing staff, 1 unemployed person is hired.
*In companies with a staff of 4 to 9 people, they are hired as 2 unemployed.
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DYPA program: 830 euro salary and 7-month contract for 25,000 unemployed 2024-05-03 03:19:26