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The project, Pendle Finance, splits yield-bearing cryptocurrencies into two tokens, similar to the stripping of principal and interest payments that has been a mainstay in the bond market for more than half a century.
What has always mattered most is impact, led by a deeply held belief that people must come before profits.
“minimize MEV, decentralize the rest”
"discontent didn't stem from the government's inability to generate wealth instead it was a response to an all too familiar pattern reminiscent of the colonial era: most of the country's newfound riches were being concentrated in the hands of only a select few."
Unless Mr. Bezos, Warren Buffett or Elon Musk sell their stock, their taxable income is relatively minuscule. But they can still make eye-popping purchases by borrowing against their assets. Mr. Musk, for example, used his shares in Tesla as collateral to rustle up around $13 billion in tax-free loans to put toward his acquisition of Twitter.
When the income tax was adopted in 1913, the federal tax burden fell almost entirely upon upper-middle and upper class incomes and the wealthiest earners among them shouldered nearly the entirety of the federal income tax burden. The wealthiest 1 percent of tax filers routinely paid in excess of 70 percent of the federal income tax burden. The top 10 percent of filers often provided over 90 percent of tax payments.
From planting trees to painting streets white, US cities are fighting extreme heat.
University of Southern California scientists have proven that the Earth's inner core is backtracking—slowing down—in relation to the planet's surface, as shown in new research published in Nature.Momentum trading strategies are thoroughly described in the academic literature and used in many trading strategies by hedge funds, asset managers, and propriet
The super PACs' mundane names and the conspicuous absence of any mention of cryptocurrency, technology, or technology regulation in many of their advertisements thus far bely the industry’s claims that there is a substantial sector of crypto voters just waiting to be mobilized. Instead, it points to their more sinister belief that elections — and by extension, favorable regulations — are merely there for the buying
Slack's engineering team recently published how it used a large language model (LLM) to automatically convert 15,000 unit and integration tests from Enzyme to React Testing Library (RTL). By combining
Javier Milei has been Argentina's president for half a year - how has it gone?
“They are bridging quantum and classical time,” says Basil Altaie at the University of Leeds in the UK. The fact that the researchers studied a concrete and specific system and came up with a variable that matches conventional time may even mean that the only way we should be thinking about time is as arising from quantumness, he says
A new definition of time suggests that what we once thought was a fundamental element of reality is actually just a byproduct.
Engineers, under the impression they were rushing toward an immutable deadline, prioritized short-term fixes that later proved to be hindrances as the release date kept getting pushed back.
Several employees adopted the term “toxic positivity” to describe the culture of the company, which discouraged criticism.
"At best, he's mistaken, but at worst he's just outright lying," Emily Baden told CNN's Erin Burnett on OutFront.
Baden said the verbal exchange with Alito's wife, Martha-Ann Alito, that the justice claimed was the reason for his wife flying the upside-down flag—associated with supporters of former president Donald Trump's baseless claims that the 2020 election was stolen from him—occurred in the middle of February 2021.
Ford is defending his decision to spend hundreds of millions of dollars of taxpayers' money to liberalize alcohol sales a little more than a year earlier than scheduled.
“He’s feeling the pressure of delivering on a promise that he’s failed to deliver on for six years — and now he’s willing to spend a billion dollars of our money to further his own political ends.”