A 51% attack is when a single cryptocurrency miner or group of miners gains control of more than 50% of a network’s blockchain. Such attacks are one of the most significant threats for people who use and buy cryptocurrencies. The 51% attack scenario is rare, largely because of the logistics, hardware and costs required to […]
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Cash-out refinances and home equity lines of credit are two borrowing options that allow homeowners to tap into the equity they have built in their home. A HELOC is a line of credit secured by the borrowerâs home. The line of credit can be accessed on an as-needed basis, up to the borrowing limit. The […]
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Before a stock can be traded by investors, it must first be listed on an exchange. Different stock exchanges can have physical locations with in-person trading or be entirely electronic. After the New York Stock Exchange (NYSE), the Nasdaq is the second largest stock exchange in the world. Not just any company can be listed […]
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As the world becomes increasingly cashless, you may wonder if there is any point to carrying cash around at all. The answer depends on your lifestyle and spending habits. Carrying–and paying in–cash, however, can still make sense in many circumstances. Indeed, some financial experts believe that switching to a cash-only system (and moving away from […]
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This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Over the past decade, mortgage refinancing has grown in popularity. Not that big of a surprise, considering weâve seen a sizable drop in mortgage rates during this time. At the height of the housing crisis in 2008, rates averaged about 6% for a 30-year fixed-rate mortgage . Currently, the average rate for a 30-year fixed […]
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This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
A central bank digital currency (CBDC) is virtual money issued as legal tender by the central bank of a country. While no major central bank has issued one yet, a CBDC would be similar to blockchain-based cryptocurrencies like Bitcoin that have increased in popularity but be backed by a sovereign nation like fiat money. CBDC […]
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This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.