SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

September 18, 2024 Bitcoin.com

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted. SEC Charges […]

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$10,000 Tax Bonus Should Be Handed To Struggling American Workers Every Year, Says JPMorgan Chase CEO

September 7, 2024 The Daily Hodl

Chase

JPMorgan Chase CEO Jamie Dimon says he supports changes to the tax code that would give working Americans and their families more relief from the IRS. In a new interview with PBS NewsHour, Dimon says the Earned Income Tax Credits (EITC) should be expanded and apply to all low and mid-income workers, regardless of whether […]

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$5,220,000 Guaranteed Income Program Will Hand Cash Directly To Families in Large US County

August 23, 2024 The Daily Hodl

Daily Hodl

A new guaranteed income program is preparing to hand millions of dollars to a select group of families in Colorado. Boulder County says it’s launching a direct cash assistance program known as Nurturing Futures to help families with young children. The guaranteed income program, which will be managed by the Boulder County Department of Human […]

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$18,000,000 Allocated for ‘No Strings Attached’ Guaranteed Income Payments in Major US City

August 16, 2024 The Daily Hodl

Daily Hodl

A guaranteed income program on the West Coast is preparing to hand out millions of dollars to support at-risk youth. Los Angeles County’s guaranteed income program Breathe is expanding, set to hand out around $18 million with no strings attached to people transitioning out of the foster care system. The program is gearing up to […]

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Sam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s Why

August 12, 2024 The Daily Hodl

Basic Income

A new universal basic income (UBI) experiment funded by tech billionaire Sam Altman has found people who receive free money generally tend to work less. In a study titled “The Employment Effects of Guaranteed Income: Experimental Evidence From Two U.S. States,” researchers gave 1,000 low-income individuals $1,000 per month unconditionally for three years. Participants mostly […]

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US State Sending $20,000,000 To Families As ‘No Strings Attached’ Guaranteed Income Program Grows

July 26, 2024 The Daily Hodl

US State Sending ,000,000 To Families As ‘No Strings Attached’ Guaranteed Income Program Grows

Basic Income

A program giving direct, no strings attached payments to families that are struggling to make ends meet is about to spread in the state of Michigan. Originally launched in Flint, the Rx Kids program is now expected to expand to five counties in the eastern Upper Peninsula after the approval of $20 million in state […]

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$3,150,000,000 To Be Handed To Residents in US State Every Year – With Zero Strings Attached – If Historic Ballot Measure Passes: Report

July 4, 2024 The Daily Hodl

Daily Hodl

A US state will hand a staggering $3.15 billion to residents per year if a historic guaranteed income program becomes law. A measure that would increase corporate taxes to hand cash directly to residents in Oregon is likely to make the November ballot, reports The Oregonian. The program would give every adult resident in the […]

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$2,376,000 in Free Money Up for Grabs As US City Launches Universal Income Pilot Program

June 21, 2024 The Daily Hodl

Basic Income

A city on the West Coast is preparing to roll out a new guaranteed income pilot program. The Pomona Household Universal Grants (HUG) Pilot Program is a one-and-a-half-year project giving $2.376 million to selected parents near Los Angeles. The program will pick a total of 600 applicants that will be separated into two cohorts. For […]

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Major US City Handing $32,000,000 To Residents As Guaranteed Income Program Reboots

May 9, 2024 The Daily Hodl

Major US City Handing ,000,000 To Residents As Guaranteed Income Program Reboots

Basic Income

A major US city is preparing to relaunch a multimillion-dollar basic income program that will hand cash directly to residents. Mayor Brandon Johnson says he is allocating $32 million to reboot the Chicago Resilient Communities pilot, reports CBS News. The revived program seeks to hand out $500 per month for a period of one year […]

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$2,250,000 To Be Handed Out With No Restrictions As US City Launches Latest Guaranteed Income Experiment

April 26, 2024 The Daily Hodl

Basic Income

After three years of planning, a US city is reportedly a few months away from kicking off a family-focused guaranteed income program. Pomona, California’s Flourishing Families is an 18-month, $2.25 million project that seeks to support young parents who are going through financial struggles, reports local news outlet the Daily Bulletin. First proposed in 2021, […]

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