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Accounts Payable vs. Notes Payable

As the saying goes, in business, you have to spend money to make money. Although the gravity of business expenditures might not be fully...

Satoshi Nakamoto’s Genesis Wallet Receives $1.2 Million Bitcoin – Unchained

An anonymous user sent the Bitcoin creator’s wallet address more than a million dollars’ worth of the cryptocurrency after the network’s 15-year anniversary....

Sales Order vs Invoice: Key differences, Role & Types

Tracking a sale from start to finish helps businesses maintain the right inventory levels, implement the best cash flow tactics, and ensure customers are...

DCG Announces Successful Repayment of Genesis’ Loans, Clears $1B Debt

The Digital Currency Group (DCG) has announced completing a payoff of all short-term loans from its bankrupt subsidiary Genesis, according to...

DCG completes repayment of $700 million Genesis debt

Digital Currency Group (DCG) has announced the successful settlement of approximately $700 million in short-term loans owed to now-defunct crypto lending platform Genesis.The settlement...

Platforms For NFT Tax-loss Harvesting See End-of-year Bump – CryptoInfoNet

The NFT market has endured a down year as digital collectibles prices broadly failed to recapture previous highs, and changed hands less often than...

FTX Values Bitcoin At $16,000 In Its Repayment Plan, Stirring Controversy Among Customers

Bankrupt FTX stirs controversy with its repayment plan as it valued Bitcoin at $16,000 for customers. In a recent filing on...

OpenAI & Microsoft Face Copyright Lawsuit by New York Times

The New York Times has filed a lawsuit against OpenAI and Microsoft, accusing them of infringing upon their copyrighted works. This case, lodged in a...

The Ripple Effect of Instant Payments on Financial Dynamics

In an ever-evolving financial landscape, the acceleration of transactions has taken center stage, with instant payments becoming a transformative force. As this payment revolution gains momentum,...

What is an Invoice?

An invoice serves as a document to detail goods delivered or services rendered from a vendor to a buyer. Beyond a simple log, though,...

Understanding Trade Payables: Definition and Examples

Trade payables are a critical aspect of financial management for businesses, impacting cash flow and vendor relationships. They refer to the amount owed by a company to its...

SafeMoon hits record low as company files for Chapter 7 bankruptcy

Decentralized finance (DeFi) project Safemoon’s SFM crashed to an all-time low after the firm behind it filed for bankruptcy on Dec . 14.Attorney Mark...

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