Hypothecation is the process of using collateral in exchange for a loan. Hypothecation is common practice with many types of secured loans such as mortgages, auto loans, and in some cases, personal loans. An example of hypothecation is when applying for a mortgage. The bank will require collateral to finalize the loan. So the bank and the borrower agree on the property to be used as collateral. The bank doesn’t own the property but can seize it if the borrower fails to repay the loan (default).
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Plaid IPO: Prepare For A 2022 Listing
The Plaid IPO is one of the most anticipated IPOs for 2022. Plaid is an open banking ledger that allows clients to link their bank accounts with fintech apps. The functionalities of the ledges will make it possible for clients to transfer money between bank accounts and make quick payments. The open banking feature is a big reason why Visa looked to acquire Plaid back in 2020. However, the $5.3 billion bid was rejected by the Justice Department.
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If you’ve taken an interest in reading FIRE books, you’re one step closer to financial independence. FIRE stands for Financial Independence Retire Early, and it is a movement that teaches you how to cover living expenses through passive income.
[Read more…] about Top 5 FIRE Books To ReadWhat Are Web3 Airdrops?
Web3 airdrops isn’t a new concept. The idea of a new internet, powered on the blockchain gives birth to what is known as the ‘Web3’. One of the core concepts of Web3 is the aspect of decentralization. Web3 apps, known as dApps or decentralized applications, give governance to users. DApps do this by issuing governance tokens.
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Gods Unchained is yet another play to earn game that is creating hype through NFTs. The game delivers Hearthstone-like gameplay to crypto enthusiasts. But this time, it’s a blockchain game where you can actually make money.
Trading card games are popular among gamers. Games like Hearthstone and Magic the Gathering are examples of why these games are so successful. The cryptocurrency space understands that the demand for training card games is there. Even though there are trading card NFT games, such as Splinterlands, there is a big enough market for multiple games to coexist. Our Splinterlands review showed that you can make money from these games with an investment of as little as $10.
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