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Most decentralized finance (DeFi) lending is secured through collateral offered up by borrowers. Billions of dollars are currently locked in DeFi lending protocols like Aave, MakerDAOand Compound. These applications are only useful for the richest 1% of crypto users, as large sums of capital are needed to take out loans. Enter Huma Finance, a startup
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Frontier fintechs are a rapidly growing sector in the financial industry. These new players in the industry offer innovative solutions to traditional financial services, often using cutting-edge technology to provide fast, convenient and cost-effective financial solutions. One of the key characteristics of frontier fintechs is their focus on customer-centricity. Unlike traditional financial institutions, fintech companies
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Russia’s security services are confiscating the passports of senior officials and state company executives to prevent overseas travel, as paranoia over leaks and defections spreads through Vladimir Putin’s regime. With Russia’s invasion of Ukraine still raging, security officers have tightened up travel requirements within the state sector, demanding the surrender of travel documents from some
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Manpower and LPL Financial landed on the Aggressive Growth radar screen. Manpower: https://www.zacks.com/stock/quote/MAN?cid=CS-YOUTUBE-FT-VID LPL Financial: https://www.zacks.com/stock/quote/LPLA?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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The service industry has long been known for its hardworking and dedicated workforce. From restaurant servers to hotel staff, these workers form the backbone of many businesses that rely on their labor to provide exceptional customer experiences. However, behind their cheerful and courteous demeanor, many service industry workers face significant work and financial challenges that
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Top Stories This Week FTX EU launches withdrawal website to pay back European users The European arm of FTX has launched a website to allow customers in Europe to submit withdrawal requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. Meanwhile, in the United States, lawyers
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Meta Platforms IncMETA , formerly known as Facebook,announced Monday that it will stop working on digital collectibles, also known as non-fungible tokens (NFTs), in order to focus on other ways to support creators, businessesand people. This decision was made to prioritize areas where the company can make a greater impact at scale, according to Meta.
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