Finance

Phat Loop Studios, the company under fire last week for abandoning its Kickstarter and crypto-funded MMORPG game Untamed Isles, is now denying accusations that they lost their backers’ funds investing in crypto. The company came under fire last week after announcing a “hiatus” of their Pokemon-like open-world video game, with some of the community accusing the developers of spending game …

What is a putable swap? A putable swap is a cancellable interest rate swap – containing an embedded put option – where one counterparty makes payments based on a floating rate, while the other party makes payments based on a fixed rate. The fixed rate beneficiary (floating rate payer) has the right, but not the obligation, to terminate the swap …

final verdict Many lenders offer personal loans for debt consolidation, but our picks stand out. The best loan for you is one that will lower your overall cost with a lower APR and minimal fees. Discover and First Midwest Bank are great choices, both offering loans starting at less than 6% APR with no origination fees. Your debt consolidation loan …

The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized. On Sunday, a hacker took advantage of a bug on the iBTC/aUSD liquidity pool that resulted in 1.2 billion aUSD being minted without collateral. This event crashed the U.S. dollar-pegged …

Bad credit can have many negative repercussions. If you’re used to paying your bills after the due date, late fees probably won’t be your only problem. Bad borrowing habits erode your credit, making it much harder to get loans in the future. They can also make it difficult to get a mobile phone contract or even get certain jobs. Here …

Harley-Davidson leads the pack when it comes to manufacturer financing. By offering loans on new and used models, you can benefit from low-interest loans with repayment terms of up to seven years. Additionally, Harley-Davidson will also offer financing if you purchase a Harley from a private individual. Advantages Equipment and accessories can be added to the cost of the loan …

High-profile security incidents continue to be a theme in 2022, with the Acala network joining a long list of stricken platforms to fall prey to exploits. The Acala USD (aUSD) token, which acts as a native stablecoin for the Polkadot and Kusama blockchains, saw its value plummet 99% after a misconfiguration of the iBTC/aUSD liquidity pool was exploited after its …

Many investors set out to reap tax losses at the end of each tax year. The strategy involves selling stocks, mutual funds, exchange-traded funds (ETFs), and other investments at a loss to offset gains made on other investments. It can have a big tax advantage. But harvesting tax losses may or may not be the best strategy for all investors …

Pros Explained Low credit score requirements: Even people with poor credit may be eligible for a personal loan from Avant. This sets Avant apart from the competition, as many lenders require that borrowers have good credit.  Android and iOS apps are available: Not only can you manage your Avant loan account by logging into your online dashboard, but an app …

The Prudential Authority of the Reserve Bank of South Africa sent out guidelines to its subsidiaries in an effort to prevent illicit activities, encouraging banks not to cut all ties with cryptocurrency. It suggested that such an act could cause greater risk in the long run. The official notice was signed by Prudential Authority CEO Fundi Tshazibana. In the past, …