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Monday, 23 May 2022

Insider trading is emerging as a big problem in crypto + Save money on your subscriptions by going for family plans

Surprise: Crypto traders may have been playing dirty. Some crypto traders have seemingly been cashing in on insider knowledge to make major returns on market news, the Wall Street Journal reports citing analysis from software firm Argus, which offers companies tools to manage employee trading. One crypto wallet netted a USD 140k bottom line (marking a 40% return) by acquiring large sums of a digital coin in the days before it was listed on crypto exchange Binance, before selling again as soon as the token was listed. The wallet has done the same with at least three other tokens, according to the data. This comes as crypto exchanges face increased regulatory scrutiny over transparency, as retail users book major losses as markets are hit by a wider selloff.

The key to saving money in the digital age: Family plans. With the abundance of digital services that require monthly or annual subscriptions, the bills start to rack up and you can easily find yourself dedicating a big chunk of your spend on cloud storage and streaming services. That’s why you should opt for a family plan and share it with a number of friends who use the same products, argues Wall Street Journal personal tech columnist Nicole Nguyen. Although some services stipulate that all users under the same family plan must live in the same household — including Hulu, Netflix, and Spotify — some offer more flexibility. Apple’s Apple One, which includes subscriptions to Apple Music, TV, Arcade and iCloud, comes with a monthly EGP 128 price tag, but if you opt in for a family bundle shared with five others it’ll cost less than a cup of coffee at EGP 29/month.

The Great Resignation has made its way to the UK, suggests an analysis from jobs site Adzuna picked up by Bloomberg. London was at the core of the great resignation, with over 500k vacancies available in the city and surrounding areas, with an average advertised salary of GBP 45k. The resignations are also taking place in commuter towns as the pandemic has made Brits want to work closer to home… or even better, at home. The return-to-office push is a big factor contributing to the high movement between jobs and companies that offer flexibility or fully remote positions are “coming out on top.”

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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