Author: Agustina M. Middleton
Payroll management is an essential aspect of every business, whether big or small. It involves managing employee compensation, including salaries, wages, bonuses, and taxes. Payroll management can be a daunting task, especially for businesses that are growing rapidly, and handling it in-house can be time-consuming and costly. However, with the advent of payroll management services, businesses can now outsource their payroll tasks and enjoy several benefits. Thus, below are some of the benefits of payroll management services. In conclusion, payroll management services offer several benefits that can help businesses streamline their payroll processes, reduce costs, and improve efficiency. By outsourcing…
On the 7th of December, Mazars, an international audit, tax, and advisory firm, confirmed that the Bitcoin holdings of Binance, the largest cryptocurrency exchange in the world by trading volume, is more than it needs to cover customer deposits. According to the audit firm’s published page, the firm observed Binance controlled in-scope assets over 100% of their total platform liabilities at the time of assessment. In the published page, the audit firm also provided Binance’s proof-of-reserves and proof-of-liabilities verification. According to Mazars, as of midnight UTC on the 22nd of November, there was a 101% collateralization ratio of 575,742 BTC…
On the 7th of December, after investors continued to sell risk assets as a result of negative news from bank bosses, the leading cryptocurrencies, Bitcoin, Ethereum, and Dogecoin, plummeted along with the stocks. According to data from CoinGecko, Bitcoin, the largest cryptocurrency by market capitalization, decreased around 1.2% over the past 24 hours. It is currently, as of this writing, trading at around $16,813. Earlier this day, BTC faced a drop from $17,046 to $16,750 in just two hours, which it had never experienced since the end of November. And the rest of the crypto market is also following the…
The United States House Committee on Ethics fined $15,237 Republican Rep. Madison Cawthorn for violating rules by promoting a cryptocurrency he had invested. By promoting cryptocurrency, he violated rules protecting against conflicts of interest. The cryptocurrency which he promoted is an anti-Joe Biden meme coin called LGB, Let’s Go Brandon, which is very less popular. The term Let’s Go Brandon is a coded expletive to humiliate President Joe Biden. According to the report from the House Committee, ISC, the Investigation Subcommittee, after a seven-month-long investigation, found substantial evidence that Representative Madison promoted a cryptocurrency in which he had an economic…