Finance

What is Premium Income? Premium income can refer to the proceeds an investor derives from writing (selling) options contracts or the income an insurer derives from payments from policyholders. In both cases, premium income comes from the sale of risk protection to a buyer. Investors can sell options for premium income through several strategies that reduce their overall exposure to …

On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as little as 15 wrapped Ether (wETH) worth $23,715 to pay back lenders. Approximately 15,000 ETH was lent using the mechanism. To save the …

Fidelity Investments is the nation’s fourth-largest mutual fund manager with more than $4.3 trillion in assets under management, as of March 31, 2022, the most recent information available. Fidelity serves 40 million individual investors through more than 500 mutual funds and ETFs. A fund’s quality can be approximated using Morningstar’s star ratings, which range from 1 star (lowest quality) to …

China’s economy has grown at a breakneck pace over the past few decades to become the second largest in the world, as measured by nominal GDP. China, the most populous country in the world, has long been a manufacturing and exporting powerhouse. But the COVID-19 pandemic in 2020 reduced China’s growth in the short term. Despite this setback, a growing …

Voyager Digital Holdings’ committee of unsecured creditors has filed a motion to object to the firm’s proposal to keep its employees by paying them monetary awards for staying in the company. On August 2, Voyager Digital filed a motion to the United States Bankruptcy Court in the Southern District of New York to approve the Key Employee Retention Plan (KERP), …

What is a credit card dump? A credit card dump is a type of crime in which the criminal makes an unauthorized digital copy of a credit card. This type of crime has been around for decades, but has seen greater public awareness in recent years due to the growing prevalence of credit card forgery, identity theft, and other types …

Visa Inc. (V) is one of the most widely used and well-known digital payment companies, with services in over 200 countries for consumers, merchants, governments and major financial institutions. Visa provides authorization, clearing and settlement services to merchants and institutions. A common misconception is that Visa issues credit cards. Instead, Visa makes its profit by selling services as an intermediary …

The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year. Speaking with Cointelegraph, blockchain recruitment firm CryptoRecruit founder Neil Dundon said that while security audit services have long been in demand, the rise of decentralized finance (DeFi) protocols has opened up opportunities for auditors to review potentially …

Semiconductors are materials that conduct electricity and are found in many different electronic products. They are an important part of the telecommunications industry, a sector that enables communication via phones, tablets and the Internet. Companies in this space are responsible for designing, manufacturing, and providing other companies with the software, technology, and infrastructure to make all of this possible. One …

What is a fabricated payment? In finance, the term “fabricated payment” refers to a payment that must be made under certain securities lending agreements. Manufactured payments are a common feature of short selling, in which a borrower receives the stock security and must pay interest and/or dividends to the lender of those securities. Key points to remember Manufactured payments are …