The benefits explained Event Form Coverage: You’ll be covered for any incident, including professional liability, that occurs while your policy is in effect, even if a client sue after you cease to practise. Most of the other insurers we’ve reviewed don’t offer this coverage for professional liability, which is one of the many reasons why…
If a friend asks you, “Are tax-exempt municipal bonds a better investment than taxable bonds?” The correct answer depends on a host of factors specific to a person’s personal situation. The most important of these concerns the size of your tax bill. If you’re in the 35% tax bracket and live in a state with…
Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 wETH to pay lenders and an estimated 15,000 Ether (ETH) left to be paid to lenders. Researcher NFTStatistics.eth dissected the issue in a Twitter thread, highlighting that nonfungible token (NFT) borrowers in…
What is a night shift? Overnight positions are open trades that have not been closed or liquidated at the end of the normal trading day. Overnight positions are not held by day traders but are quite common in the forex and futures markets. Long-term investors naturally hold overnight positions on an ongoing basis. Key points…
Live Rachel Morgan Cautero worked as an energy reporter at a daily newspaper during the height of the fracking craze, editor of several luxury lifestyle publications, and even as a reporter and several major publications in New York City. (She even interviewed Melania Trump once, but that’s another story.) Currently, her job is to help…
Lawyers representing Nathaniel Chastain, the former OpenSea product manager accused of insider trading, have claimed United States authorities only filed charges in an attempt to set a legal precedent that nonfungible tokens (NFTs) are securities. In a Friday filing with the Southern District of New York court, Chastain’s legal team from Greenberg Traurig filed a…
Investor sentiment remains near multi-year lows after the worst first half of the year for markets in fifty years, but the recent rally from mid-June lows may ease investor anxiety. That’s according to Investopedia’s latest survey of reader sentiment for our daily newsletter. While 55% of respondents say they are at least somewhat “worried” about…
As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize the need for games to be more “fun” and less finance-oriented. In the most recent episode of NFT Steez, Alyssa Expósito and Ray Salmond spoke with Aron Beierschmitt, the CEO of Laguna Games and founder…
Within the spectrum of financial instruments, preferred shares (or “preferreds”) occupy a unique place. Due to their characteristics, they straddle the line between stocks and bonds. Technically, they are equity securities, but they share many characteristics with debt securities. Preferred shares are sometimes called hybrid securities. In this article, we take a look at preferred…