Finance

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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 …

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

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 …

What Is Leverage in Corporate Finance? Definition & Examples Read More »

The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto. 1604 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) …

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

DeFi The AMM DEX makes it possible to manage liquidity on any chain from a single interface. Cover art/illustration via CryptoSlate Symbiosis Finance is a multi-chain AMM DEX and liquidity protocol that allows users to perform any crypto token swap. After a long period of testing, Symbiosis announced its beta mainnet launch which enables instant …

Multi-chain instant swap platform Symbiosis announces beta mainnet launch Read More »

2/2 © Reuters. A man walks out of a currency exchange office in Saint Petersburg, Russia January 26, 2022. REUTERS/Anton Vaganov 2/2 By Marc Jones LONDON (Reuters) – The cost of Russia’s invasion of Ukraine will become a lot clearer next week, with a previously unthinkable sovereign default looming, more emergency central bank measures likely …

Debt deadline and central bank hikes loom in Russia Read More »

Please try another search Economy3 hours ago (Mar 11, 2022 05:20PM ET) 2/2 © Reuters. FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal nutrition factory in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse 2/2 (Reuters) -Global farm commodities traders Cargill Inc and Archer-Daniels-Midland Co said on Friday they were …

Cargill, ADM to scale back business in Russia, keep open food facilities Read More »

4/4 © Reuters. U.S. President Joe Biden delivers remarks to the Democratic National Committee (DNC) Winter Meeting in Washington, U.S., March 10, 2022. REUTERS/Jonathan Ernst 2/4 By Pavel Polityuk and Natalia Zinets LVIV, Ukraine (Reuters) -President Volodymyr Zelenskiy said on Friday Ukraine was at a “strategic turning point” in the war as Russian forces bombarded …

Ukraine’s Zelenskiy defiant as Russian forces, despite setbacks, regroup near Kyiv Read More »

Please try another search Economy4 hours ago (Mar 11, 2022 04:50PM ET) 2/2 © Reuters. People gather as community leaders rejected a government proposal to prevent future blockades affecting the Las Bambas copper mine, in Sayhua, Peru January 17, 2022. REUTERS/Sebastian Castaneda 2/2 LIMA (Reuters) – A greater supply of dollars from the mining sector …

Increased mining supply pushing Peruvian currency higher -cenbank Read More »

Please try another search Economy4 hours ago (Mar 11, 2022 04:40PM ET) 2/2 © Reuters. FILE PHOTO: House Speaker Nancy Pelosi (D-CA) speaks at a Women’s History Month event “honoring Billie Jean King and women athletes in celebration of the 50th anniversary of Title IX”, at the United States Capitol building in Washington, U.S., March …

Biden hits Russian trade in latest Ukraine retaliation Read More »