Finance

What is an eligible designated beneficiary? An eligible designated beneficiary (EDB) is a person included in a single classification of retirement account beneficiaries. An individual can be classified as an EDB if they fall into one of the five categories of individuals identified in the Setting Every Community Up for Retirement Enhancement (SECURE) Act of…

A new report from Juniper Research analyzed the trajectory of the nonfungible token (NFT) market over the next five years. According to the study, global transactions related to NFTs will escalate from 24 million in 2022 to nearly 40 million by 2027. One of the top catalysts to push NFT adoption will be those linked…

What is a soft fork? In blockchain technology, a soft fork is a change in the software protocol where only previously valid transaction blocks are rendered invalid. Since older nodes will recognize new blocks as valid, a soft fork is backward compatible. This type of fork only requires the majority of miners to upgrade to…

Do I have to pay capital gains taxes on a house that my business sells to me? The answer to this question really depends on the type of legal entity your business is operated by and how it is organized (for example, as a corporation, partnership, or LLC). Below, we look at how the type…

Modern exchanges are aggregating deeper liquidity to ensure sufficient funds in pools. The number of modern platforms is rising, making it hard for a user to choose the most suitable option.  KyberSwap is one competitive DEX on the market, operating with the ability to aggregate liquidity from over 80 exchanges across 11 chains extending from…

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…

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…

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…

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…