Voyager creditors oppose $1.9M employee retention proposal

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…

3 Fidelity Funds Rated 5 Stars by Morningstar

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…

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

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…

Premium Income

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…

Tencent receives patent for blockchain-based missing persons poster

According to local news outlet 36kr.com, Chinese technology conglomerate Tencent recently received a novel patent for a blockchain-based missing person’s poster. The patent took nearly three years to be awarded from the date of its first submission in December 2019. The patent consists of a data generation request upon user submission that a person has…