The risks are high and the rewards low for the desperate manteros of Madrid : NPR

Four young men from Senegal sell bracelets in Madrid on October 20. Ricci Shryock for NPR hide caption toggle caption Ricci Shryock for NPR Four young men from Senegal sell bracelets in Madrid on October 20. Ricci Shryock for NPR In parts of Madrid, a blanket could lead to jail time for Senegalese street vendors … Read more

Opinion: Bernanke’s Nobel prize is harmful because it rewards faulty thinking on how banks actually work

The Nobel Memorial Prize awarded to Ben Bernanke, Douglas Diamond and Philip Dybvig is controversial, to say the least. Mainstream economists are generally delighted that the Nobel Committee has at last honored research into banks and their fragility. But heterodox economists who have spent years trying to change prevailing beliefs about banking and finance are … Read more

High-earners reap the rewards as Kwarteng ditches redistribution

Liz Truss made it clear before Friday’s fiscal package that she was prepared to be unpopular for making it her first priority to cut taxes for business and the better-off. In the event, the contrast with the “levelling up” policies adopted by recent Conservative governments could not have been clearer. “For too long in this … Read more

Shitposters set for $DRAMA rewards, Zuck’s little league card tokenize and more…

Solana-based NFT project Outcast Academy has started dishing its newly launched $DRAMA tokens, rewarding the most popular shitposters on Twitter as nominated by the community. Outcast Academy describes itself as an “entertainment NFT experiment” and has launched $DRAMA tokens as part of its “shitpost-to-earn” ecosystem, allowing community members to tag its associated @DramaReward bot account … Read more

Bitcoin proponent claims PoS rewards aren’t ‘yields,’ Vitalik snaps back

Independent developer and Bitcoin proponent Udi Wertheimer created quite a buzz on crypto Twitter earlier on Sept. 12, after he claimed that a proof-of-stake (PoS) based yield reward system for staking is more of a penalty for non-stakers. Wertheimer who is a well-known Ethereum critic believes that the PoS staking reward system isn’t exactly a … Read more

Kenton Cool: the risks and rewards of a career in the ‘death zone’

In the spring of 2021, Kenton Cool found himself in a vast nightclub in Kathmandu called Lord of the Drinks. It was well past midnight. The British mountain guide and father of two had come to Nepal to take an Iranian-born businessman to the top of Mount Everest — a one-to-one service for which he … Read more

Uber to End Uber Rewards

Uber has pulled the plug on its Uber Rewards program, which is set to end on Nov. 1, 2022, according to the company. Users will continue to earn points through Aug. 31 and can redeem them until 11:59 pm local time on Oct. 31. Rewards redeemed by this time will be eligible until they expire, … Read more