Finance

MakerDAO founder Rune Christensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg of its Dai (DAI) stablecoin from the United States dollar. The founder’s comments came in light of the recently announced sanctions on crypto mixer Tornado Cash, noting to MakerDAO’s Discord channel on Thursday that the sanctions are “unfortunately more serious …

final verdict These five companies not only offer some of the most affordable term life insurance coverage on the market, but are financially stable and keep customer complaints to a minimum. That said, you will find that each has unique strengths. For example, Protective is a solid insurer that tops the list with cheap quotes and a simple (agentless) online …

After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what had caused the short-term liquidity problem and assured users that it had been resolved. On Thursday, HUSD started to fall from its dollar value, trading at $0.92 at the start of the day and falling as low as $0.82 a few hours later. This alarmed community members, who …

What is integer zero-one programming? Zero-one integer programming (which can also be written as ‘0-1’ integer programming) is a mathematical method of working with a series of binary functions; in particular, yes (‘1’) and no (‘0’) responses to arrive at a solution when there are two mutually exclusive options. In the world of finance, integer zero-one programming is often used …

The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past month. Bitcoin (BTC), which was looking to break through the $25,000 resistance level last week, fell below $22,000 to register a new two-week low of $21,747. Ether (ETH), the second-largest …

What is net worth? Net worth is the value of the assets a person or company owns, minus the debts they owe. It is an important metric for assessing the health of a business, providing a useful snapshot of its current financial situation. Sometimes referred to as net worth, a person’s net worth is used in the financial world to …

In the wake of last week’s tumult at the Capitol, the unfolding of senatorial contests in Georgia, and the ratification of the presidential vote, a miasma of apprehension has enveloped the investment community. This sentiment was vividly captured in our most recent poll of newsletter subscribers, where nearly three-fifths voiced their preeminent anxiety lies with the country’s tumultuous state—eclipsing concerns …

What is a STRATS (Structured Asset-Backed Trust Security)? A structured repackaged asset-backed security (STRATS) is a derivative that pays an income stream to the holder based on a trust’s interest in an asset-backed security (ABS) and related derivative. . Key points to remember An asset-backed structured rollover (STRATS) is a securitized investment that bundles ABS with a derivative contract to …

If you’re looking for help with your credit score, The Credit Pros may be one of the first companies you’ll come across. Unlike most other credit repair companies, The Credit Pros does things a bit differently. You can get help with repairing your credit, yes—but you can also get help with building your credit up from scratch if needed.  Taken …

Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the sudden drop. The sharp fall resulted in liquidations of more than $551 million in the past 24 hours, according to data from Coinglass. Barring a V-shaped bottom, other formations generally take time to complete as …