Finance

Stacks (STX) Soars After $165 Million ‘Bitcoin Odyssey’ Investment

On March 10, the STX market increased in parallel with the launching of “Bitcoin Odyssey.” It is a $165 million fund that would use Stacks’ open-source network for Bitcoin-based smart contracts. It will support building Web3, decentralized finance (DeFi), and non-fungible token (NFT) projects on the Bitcoin blockchain. Bitcoin is sometimes criticized for its lack …

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Odd Lots Newsletter: The Revenge of the Physical World

Finance / By brbc

We’ve detected unusual activity from your computer network To continue, please click the box below to let us know you’re not a robot. Read More

Fantom Finance Suffers Major Hack, $2.6 Million Worth of Ether (ETH) Stolen

Finance / By Alex

Fantasm Finance, a synthetic assets protocol, has revealed that it has suffered a security breach with nearly 1,007 ETH ($2.6 million) stolen from its platform. A major hack attack Fantasm Finance confirmed the hack attack on its protocol on Twitter and revealed that the event had occurred in the early hours of today. They further …

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What Is Leverage in Corporate Finance? Definition & Examples

Finance / By Alex

Companies often use leverage to fund expansion projects without relinquishing any company ownership. Jacek Dylag via Unsplash; Canva What Is Financial Leverage? In business, financial leverage is the use of borrowed capital—usually in the form of corporate bonds or loans—to finance operations in order to generate income. In order to grow in value, companies need …

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Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’

Finance / By brbc

The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto. 1640 Total views 17 Total shares Amid the ongoing discussion between the Central Bank of Russia (CBR) and the nation’s Finance Ministry on the future of crypto, a State Duma (the lower chamber of Parliament) …

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