Finance

A joint committee of the United States’s Uniform Law Commission (ULC) and the American Law Institute (ALI) finalized amendments to the Uniform Commercial Code (UCC), regulating the specifics of digital asset transactions and crypto-as-collateral secured financings. The amendments are “recommended for enactment in all the States,” although each case of final implementation may vary depending on the State. A final …

A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The firm filed a motion with the United States Bankruptcy Court on Aug. 2 seeking approval for its Key Employee Retention Plan (KERP) which entailed $1.9 million worth of payments to 38 key employees that have been …

A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to demand the release of the developer. In a Tweet, crypto investor Ryan Adams argued that the developer did something good for the public as he wrote …

Global confectionery giant Mars has teamed up with virtual metaverse band KINGSHIP to create limited edition boxes of M&M’s featuring content from the Bored Ape Yacht Club (BAYC). KINGSHIP is a group made up of three BAYC NFT hodlers and one Mutant Ape Yacht Club (MAYC) owner. As part of the deal, the avatars depicted in the nonfungible token (NFT) …

Frequently Asked Questions How can you get a debt consolidation loan with bad credit? Getting debt consolidation with bad credit can limit your choices, but finding a lender isn’t impossible. First, it’s a good idea to check your credit score to see where you stand, then research lenders who have lower credit requirements to increase your chances of being approved. …

Asian crypto exchange Zipmex has requested meetings with Thailand’s Securities Exchange Commission (SEC) and other regulators to discuss the firm’s “recovery plan.” In a statement on Thursday, Zipmex said it had submitted a letter requesting meetings with the securities regulator, which will also be attended by the firm’s potential investors: “We have requested meetings with Thailand’s Securities Exchange Commission and …

Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors when compared with traditional finance. It’s easier for investors to buy into cryptocurrency than traditional assets. Anybody can download a free Bitcoin (BTC) or multi-crypto …

The Securities and Exchange Commission (SEC) requires public companies, certain company insiders, and broker-dealers to file periodic financial statements and other disclosures. Finance professionals and investors rely on SEC filings to make informed decisions when evaluating whether to invest in a company. SEC filings can be accessed for free at EDGAR, the commission’s online database. The SEC was created through …

final verdict Getting a low auto loan rate can help you avoid spending more than you should on your new or used car. Before you start shopping for a vehicle, it’s important to get quotes from several different lenders. Consider checking out credit unions, banks, and private lenders for the best rates. If you are unsure where to start, we …

Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of the morale among BTC futures participants. Futures basis revisits June lows After an initial shock during June’s BTC price dropwhich has since held as a macro bottom, Bitcoin …