Finance

Let’s face it, the most important goal of a business is to make money and keep it, which depends on liquidity and efficiency. Since these characteristics determine a company’s ability to pay a dividend to investors, profitability is reflected in the stock price. That’s why investors need to know how to analyze the different facets of profitability, including how efficiently …

What is the Russian ruble (RUB)? The Russian ruble is the national currency of the Russian Federation. The ruble is the second oldest currency still in circulation, behind the pound sterling. It is made up of 100 kopecks. Key points to remember The ruble is the currency of the Russian Federation. The ruble has been in use since the 13th …

Ksenia Malik, the wife of Tornado Cash creator Alexey Pertsev, has lashed out at Dutch authorities for treating her husband like a “dangerous criminal” following his arrest last week. The Dutch Fiscal Information and Investigation Service (FIOD)  arrested Pertsev on Aug. 12 over an alleged use of the Ethereum-based privacy tool to launder money and conceal criminal financial flows. Speaking …

The foreign exchange market is the largest financial market in the world, representing more than 5 trillion dollars in turnover every day. Comprised of banks, trading companies, central banks, investment firms, hedge funds, and retail investors, the forex market allows participants to buy, sell, trade, and speculate on currencies. There are several ways to invest in the forex market. Forex …

Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regard to the potential effects of their energy consumption on the environment. In letters dated Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain and Stronghold Digital Mining, U.S. lawmakers Frank Pallone, Bobby Rush, Diana …

What is an integrated circuit card? An integrated circuit card, or smart card, is a payment card that uses an embedded microchip to store data in addition to (or instead of) a traditional magnetic stripe. Integrated circuit cards are made of plastic or a similar material and are most often associated with specific credit cards called EMV or chip and …

What is a Registered Representative (RR) A registered representative (RR) is someone who works for a customer-facing financial company, such as a brokerage firm, and serves as a representative for customers who trade in investment products and securities. Registered representatives may be employed as brokers, financial advisers or portfolio managers. Registered Representatives must pass licensing tests and are regulated by …

In light of the recent ban on crypto mixing tool Tornado Cash and the subsequent arrest of the Tornado Cash developer, there has been a growing debate over whether crypto services providers would choose decentralization or censorship as  form of compliance. The question has become more prominent as Ethereum is moving from its current proof-of-work (PoW) blockchain to a proof-of-stake …

Entry-level hedge fund jobs are among the highest paying in finance, with entry-level analysts earning six figures in some cases. For those looking to break into the industry, hedge fund firms hire more than just analysts in entry-level positions. This article discusses functional roles in hedge funds and entry-level alternative positions. Broad job categories at hedge fund firms include investing, …

In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has tapped BDO Italia to conduct regular reviews and attestations of its dollar reserves. Tether, which operates the USDT stablecoin, officially began working with BDO Italia in July, the company disclosed on Thursday. BDO Italia will be responsible for conducting an independent …