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Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.78 million. Staff are also owed $384,000 for unpaid salaries, holiday pay, and other unclaimed expenses. Creditors fall into one of two categories, secured or unsecured. There are two secured creditors affected by Cryptopia‘s collapse, Dell New Zealand Ltd and Coca-Cola Amatil (NZ) Ltd. These companies are owed a total of $912,000. As it stands, there are 69…
This story continues at The Next Web
Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.78 million. Staff are also owed $384,000 for unpaid salaries, holiday pay, and other unclaimed expenses. Creditors fall into one of two categories, secured or unsecured. There are two secured creditors affected by Cryptopia‘s collapse, Dell New Zealand Ltd and Coca-Cola Amatil (NZ) Ltd. These companies are owed a total of $912,000. As it stands, there are 69…
This story continues at The Next Web
Ever since the rise of femtech, period tracking apps have vowed to make women’s health easier to control and understand. But lately we’ve seen data and privacy breaches, worrying stats about “success” rates, and questionable marketing strategies. This week is no different.A report from the Guardian found that fertility app Femm has been funded by anti-abortion and anti-gay campaigners. The non-hormonal contraceptive app has donations from various Catholic-Church associated groups. Launched in 2015, Femm now has over 400,000 downloads and claims to “empower women” by giving them control over their menstrual cycle — while encouraging them to avoid hormonal birth…
This story continues at The Next Web
Ever since the rise of femtech, period tracking apps have vowed to make women’s health easier to control and understand. But lately we’ve seen data and privacy breaches, worrying stats about “success” rates, and questionable marketing strategies. This week is no different.A report from the Guardian found that fertility app Femm has been funded by anti-abortion and anti-gay campaigners. The non-hormonal contraceptive app has donations from various Catholic-Church associated groups. Launched in 2015, Femm now has over 400,000 downloads and claims to “empower women” by giving them control over their menstrual cycle — while encouraging them to avoid hormonal birth…
This story continues at The Next Web