The recent $200 million hack of Singapore-based major cryptocurrency exchange KuCoin has been making headlines, but the difference between this attack and others in the past has been the hacker’s blatant utilization of everyone’s favourite new crypto frontier – DeFi (decentralized finance).

The KuCoin hacker must have had a lightbulb moment after the crypto media outlet Cointelegraph published the piece Regulatory risks grow for DeFi as a ‘money laundering haven’ not two weeks ago. Bing!

Generally it seems that the true innovation occurring in financial service is happening in DeFi. Imagine redesigning all financial products from scratch? The possibilities are endless. With $1 Billion locked into DeFi at the beginning of 2020, the figure has been increasing rapidly, currently standing at close to $10 Billion – a 10x increase. This is a very young sector with most of the operators not exceeding even 9 months.

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It was not the process anyone wanted or expected, but Gov. Gretchen Whitmer said Wednesday everyone did the best they could to finalize a budget during a pandemic that created massive economic uncertainty. 

Michigan rival college coaches join Gov. Whitmer with common message: ‘Mask up’



“In an ordinary year, there would be a lot more committee meetings, there would be a lot more opportunity to weigh in, and yet because of COVID-19 and the incredible public health crisis, we’ve had unique challenges to address here,” Whitmer said. 

Gretchen Whitmer standing in front of a building: Gov. Gretchen Whitmer speaks during the Aretha L. Franklin Memorial Highway dedication ceremony in Detroit, Monday, August 24, 2020.

© Junfu Han, Detroit Free Press
Gov. Gretchen Whitmer speaks during the Aretha L. Franklin Memorial Highway dedication ceremony in Detroit, Monday, August 24, 2020.

“I recognize that, in an ordinary year, there’s a lot more ability for the public to participate. I regret that that wasn’t able to happen in the midst of all the crises that

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Boston Celtics v Miami Heat - Game Four
Getty Images

The midseason hiatus and subsequent Orlando bubble as a response to COVID-19 has changed almost everything about this NBA season, but it has had a notable impact on gamblers. Bettors that had futures stakes in some of the best teams in the NBA saw their money go up in flames when groups like the Milwaukee Bucks and Los Angeles Clippers couldn’t adjust to bubble ball. The Miami Heat, meanwhile, have rewarded the faith that bettors put in them with one of the more surprising runs to the Finals in recent NBA history. 

The numbers on some of the earlier bets placed on the Heat, according to William Hill Sportsbook, are stark. Here are the some of the craziest bets they took: 

  • $200 on the Heat at 200-to-1 to win the title ($40,200 payout). 
  • $600 on the Heat at 75-to-1 to win the title ($45,600 payout). 
  • $2,000 on
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It’s the ideal one-sided relationship.

You can learn about the intricacies of investing, how to avoid other people’s mistakes, and the most up-to-date information from experts—all without divulging a single thing about yourself.

The best part? It’s all free, delivered right into your earbuds.

Money-focused podcasts are hugely popular right now. After the pandemic imploded everyone’s routines and listening habits, Spotify recently reported that podcast consumption has more than doubled. This is a clear signal that everyone is hungry for information, advice, or simply entertainment. Whatever you’re looking for, here are the 10 best financial podcasts to dip into.

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AUSTIN (KXAN) — The Forest Trail Elementary School community is stepping up to support one of their longtime custodians, Albino Hernandez.

Hernandez is in the hospital fighting for his life, battling COVID-19 and its complications. Over the last two months, Hernandez has had to be hospitalized at three different hospitals.

“We were just seeing that he wasn’t getting better and when they gave us a chance to see him, they were like, ‘OK, well I guess we just need to get ready for the worst,’” said Vivi Hernandez, one of Hernandez’s daughters.

At present, Hernandez is slowly recovering. He remains on dialysis, a ventilator and extracorporeal membrane oxygenation or ECMO, a life support machine. His family remains hopeful.

“There has been progress,” said Janie Hernandez, another of Hernandez’s daughter. “Little progress, but there is progress.”

“I know that God is working on him,” Vivi said, holding back tears.

Once recovered,

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a close up of a sign: Where and Why You Can Steal Cisco Stock

© Source: Valeriya Zankovych /
Where and Why You Can Steal Cisco Stock

In a bull market seemingly made up of influential technology stocks, not all companies of that caliber have enjoyed 2020’s new socially distanced normal. Cisco Systems (NASDAQ:CSCO) and its shareholders can attest as much. But has the time finally come to buy Cisco stock? Let’s examine what’s happening off and on the price chart, then offer a risk-adjusted determination in alignment with those findings.

a close up of a sign: Where and Why You Can Steal Cisco Stock

© Provided by InvestorPlace
Where and Why You Can Steal Cisco Stock

Despite September’s market correction, it’s not exactly a secret the large-cap, tech-heavy Nasdaq Composite index has been a great spot to invest this year. The leadership of course has been the byproduct of muscular rallies in trillion-dollar-plus outfits and rising growth stock stars. Apple (NASDAQ:AAPL). Microsoft (NASDAQ:MSFT). Amazon (NASDAQ:AMZN) and others, as

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This post was contributed by a community member. The views expressed here are the author’s own.

Brackpool, Koziatek, and Villaraigosa
Brackpool, Koziatek, and Villaraigosa ( Cadiz, Marilyn Koziatek for School Board 2020 and Antonio for California)

Greed, for lack of a better word, is good.”
– Wall Street

If you have ever wondered how a career politician like Antonio Villaraigosa supports himself between political offices, the answer lies with people like Keith Brackpool. The former Los Angeles mayor depends on this benefactor not only for contributions “to his political campaigns”, but for a “job between electoral posts”. Looking at the source of this money provides insight into why the corporate wing of the Democratic party has lost its way.

Born in England, Brackpool “came to the US after admitting having breached financial disclosure laws in the UK in the 1980s.” In the United States, he has made millions from Cadiz, a company that

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DEAR ABBY: My family just came back from a relative’s after a weekend visit. The occasion was a birthday party, and he had a tattoo artist come over. My boyfriend — the father of our 14- and 3-year-olds — spent our last $100 and went ahead and got himself a tattoo! We aren’t rich, and we had to borrow money for gas to get home.

I think he is the most selfish person on the face of the planet, and I get mad at him for every other little thing now. I can’t imagine many adult men would do that to their partner. I know a few who would even say, “No, Honey, YOU get something. I can wait.” Is there any hope for mankind? — MARK OF DISASTER IN WASHINGTON

DEAR MARK OF DISASTER: There is plenty of hope for mankind; for the father of your 14- and 3-year-olds,

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By Michelle Nichols and Stephanie Nebehay

NEW YORK/GENEVA (Reuters) – U.N. chief Antonio Guterres said on Wednesday it is time for countries to start using money from their national COVID-19 response to help fund a global vaccine plan as the World Bank warned that “broad, rapid and affordable access” to those doses will be at the core of a resilient global economic recovery.

The Access to COVID-19 Tools (ACT) Accelerator and its COVAX facility – led by the World Health Organization and GAVI vaccine alliance – has received $3 billion, but needs another $35 billion. It aims to deliver 2 billion vaccine doses by the end of 2021, 245 million treatments and 500 million tests.

At a high-level virtual U.N. event on the program, WHO chief Tedros Adhanom Ghebreyesus said the financing gap was less than 1% of what the world’s 20 largest economies (G20) had committed to domestic stimulus

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Hideyo Noguchi, Benjamin Franklin are posing for a picture

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Lawmakers continue to discuss a new COVID-19 relief deal and whether Americans will receive a second round of stimulus checks.

Fox News reported the specific amount of money that other countries gave to their citizens amid the economic decline resulting from the COVID-19 pandemic.

A proposal for a new COVID-19 relief package is set to include a second stimulus check and another round of federal unemployment benefits.


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Americans are patiently waiting on another direct payment status after a summer of stalemates between lawmakers in Washington.

So far, most Americans have received a stimulus check of $1,200.

Other countries that have sent economic relief to its residents included Japan ($930 per adult), Singapore ($422 per adult), and Hong Kong ($1,280 per adult), according to a BBC report.

BBC reported that South Korea’s government sent $820 checks to families in the “bottom 70% of income brackets.”

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