Feds Warn About Snatch Ransomware
US Agency Advisory Sheds Light on the Group’s Activities According to a new alert issued by U.S. authorities, the Snatch ransomware group is targeting a wide range of critical infrastructure…
Troubled Asset Relief Program (TARP), What It Was, How It Worked
What Was the Troubled Asset Relief Program (TARP)? The Troubled Asset Relief Program (TARP) was created and run by the U.S. Treasury to stabilize the country’s financial system, restore economic…
What Are Over-the-Counter (OTC) Stocks?
Over-the-counter stocks are not traded on a public exchange like the New York Stock Exchange (NYSE) or Nasdaq. Instead, these stocks are traded through a broker-dealer network. In addition to…
What Does Russia’s Removal From SWIFT Mean For the Future of Global Commerce?
Removing Russian banks from the SWIFT system is accelerating a global economic realignment. With the rapid escalation of Russia’s invasion of Ukraine, a large coalition of states, including the EU,…
Russian government official under investigation for receiving 1,000 BTC in bribery scandal.
Marat Tambiev Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges According to reports from local media outlet Kommersant, a Russian government official has…
Rhysida ransomware leaks documents stolen from the Chilean Army.
Threat actors behind a recently surfaced ransomware operation known as Rhysida have leaked online what they claim to be documents stolen from the network of the Chilean Army (Ejército de…
Credit Score? Definition, Factors, and Ways to Raise It
What Is a Credit Score? A credit score is a three-digit number that rates your creditworthiness. FICO scores range from 300 to 850. The higher the score, the more likely…
What Is FDIC Insurance and What Are the Coverage Limits?
With FDIC insurance, the federal government protects your money held in a bank if your bank fails. But there are coverage limits. Key takeaways about FDIC insurance Banks are safe…
Russia Becomes 2nd Most Powerful Bitcoin Miner in the World
Russia surpassed Kazakhstan to become the second-largest bitcoin mining power by generating 1 gigawatt of mining power in the first quarter of 2023. According to Bitriver’s data, cited by The…
Adjustable-Rate Mortgage (ARM): What It Is and Different Types
What Is an Adjustable-Rate Mortgage (ARM)? The term adjustable-rate mortgage (ARM) refers to a home loan with a variable interest rate. With an ARM, the initial interest rate is fixed…