We are thrilled to announce that Nonce Finance, an NFT fractionalization protocol for collectors and creators, is launching on Polygon. Nonce Finance is all set to enhance the NFT trading experience. Using a custom bonding curve, Nonce Finance has built a high liquidity NFT to ERC20 bridge. This bridge helps in tokenizing NFTs into ERC20s. If someone wants to redeem the whole NFT once it’s...
How does OnlyFans appear in a bank (Debit or Credit card) statement?
OnlyFans acts like a social media platform. Yes, it is an adult website, it is a different thing. But many stars have also joined this website. And this is a legal website. But still a lot of people do not join this fact only that their family members do not know about it. And many people use OnlyFans without telling their family members. Still some people do not consider websites like OnlyFans...
Investment banking unit of HSBC is headed by a Deutsche veteran
HSBC has taken on Deutsche Bank’s Adam Bagshaw as global co-head of advisory and investment banking coverage, according to an internal memo seen by Financial News. This is the latest key appointment made despite the lender’s overall hiring freeze and makes him one of the most senior investment bankers globally. Bagshaw was latterly co-head of corporate finance for Europe, the Middle East and...
The inkjet counterfeiter
Behind an anonymous-looking door on the fifth floor of the United States Secret Service headquarters, on H Street in Washington DC, is a small, windowless room known by the agents who work there as “the specimen vault”. Lining the walls are dozens of filing cabinets filled with narrow steel drawers, containing scores of transparent plastic sleeves. In each sleeve is an individual note of US...
What is the expected delivery date for my Universal Credit and benefits £650 one-off cost of living payment?
MILLIONS of people on benefits are set to get a much-needed £650 to help them through the cost of living crisis The one-off payment will be made in two parts with the first half landing from July. Those on Universal Credit and other means-tested benefits will get the help to support them as bills rise. The cost of living payment is part of a package of support worth as much as £1,500 for the...
Can I get a cost of living payment of £650? Here is a complete list of those who are eligible for benefits today
Millions on Universal Credit and other benefits are among the most hard-up who will get a £650 one-off payment. Everyone on means-tested benefits will get the cash as part of a package of plans announced by the government. That means those on Universal Credit and legacy benefits like tax credits will get the help. The lowest income pensioners will also get the help, on top of a separate £300...
Buy now, pay later firms in UK warned over influencer ads on social media
The city watchdog has informed buy now, pay later firms such as Klarna and Clearpay that it has seen online ads and posts by social media influencers that break rules by not warning of risks such as taking on unaffordable debt. The Financial Conduct Authority (FCA) has written to companies in the multibillion-pound buy now, pay later (BNPL) sector promising to take action over unfair and...
Four in 10 under-30s locked into rent contracts that exceed 30% of pay
Under-30s renters in Great Britain are facing a financial crisis, with the number paying an unaffordable share of their earnings to landlords hitting a five-year high, according to research. Four in 10 young renters are locked into expensive new contracts that exceed 30% of their pay, a level that housing groups have said is too much to manage. Research from the real estate consultancy Dataloft...
UK cashless society a step closer as more than 23m people abandon coins
More than 23 million people in the UK used virtually no cash last year, while notes and coins will account for just 6% of payments within a decade, a report predicts. The findings, from the banking body UK Finance, are likely to prompt concern that millions of people could be left behind as the shift to a cashless society accelerates. However, other data has indicated cash is making a comeback as...
Digital bank Starling posts its first ever profit boosted by strong mortgage activity
Digital bank Starling has posted its first ever pre-tax profit after moving into the mortgage market. The bank, founded by its Swansea-born chief executive Anne Boden, has reported a pre-tax profit of £32.1m for the financial year ending 31 March 2022 compared to pre-tax loss of £31.5m in the previous year. Revenues for the year grew to £188m, up 90%, as it built on its the mortgage capability it...