Finance and Investment

Finance and Investment Tips on a daily basis for all major and minor financial issues.

M&M’s jump into BAYC mania, a Pudgy Penguin sells for 400 ETH and more

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 […]

Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash

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

US court gives Voyager green light to pay bonuses to key employees

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

Amendments to US commercial code differentiate crypto and ‘electronic money’

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

ETH whales move holdings onto exchanges before Merge

The Ethereum blockchain is slated for one of the most significant updates since its inception as it transitions from its current proof-of-work mining consensus to a proof-of-stake (PoS) one. The Merge date is scheduled for Sept. 15after the successful Goerli testnet integration — the final testnet merger before the actual transition. Ether (ETH), Ethereum’s native

Why Bitcoin traders should make friends with the trend

The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal. Bitcoin (BTC) price continues to chop below the $22,000 level and the wider narrative among traders and the mainstream media suggests that a risk-off sentiment is a dominant perspective ahead of

Watered Stock Definition

What is watered stock? Watered-down stocks referred to shares of a company that were issued at a value far in excess of the implied value of a company’s underlying assets, usually as part of a scheme to defraud investors. The last known case of watered-down stock issuance occurred decades ago, as the structure and regulation

Mortgage Lender Methodology

If you’re looking to buy or refinance a home, you’ll find a wide range of mortgage lenders to choose from. They offer many similar products, but the details are slightly different in each case. How to find the right one for you? To help you narrow down the field, we’ve researched the most important characteristics

Citi Mortgage 2022

Citi Mortgage is the mortgage lending subsidiary of Town, a global financial services company. It offers a variety of mortgage products to buy or refinance your home, including conventional, jumbo, FHA, and VA loans. The benefits explained Relationship pricing for Citi customers: New and existing Citi customers can qualify for lower interest rates or a

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