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Paribus: How loans work.

How Loans Work A surprising number of people worldwide have little understanding of how the modern monetary system works. This lack of financial literacy can have significant impacts on individuals and their ability to become more productive members of society. For instance, many people think that debt is bad without understanding that it’s an essential ingredient for growth. All of the world’s major economies operate a debt-based model which is paramount to ensure continued growth and expansion. Without the ability to create debt, growth is dictated by the current level

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

The Maven Federal Credit Union (MFCU) & GBA make blockchain history

The Maven Federal Credit Union (MFCU), the first blockchain-based credit union, is being established and sponsored by the Government Blockchain Association (GBA) designating the field of membership be GBA members. Takeaways The Federal Credit Union Act is ideal for blockchain-based financial systems Credit unions exist outside the banking and the SEC jurisdiction Credit unions are managed via consensus of members Blockchain-based credit unions run on an app, making them ubiquitous The purpose of the Federal Credit Union Act of 1934 was to make credit available to all Americans and promote

Is Star Ocean: The Divine Force on PS Plus?

Top GamesStar Ocean: The Divine Force / Credit to Square Enix/Tri-AceIs Star Ocean: The Divine Force on PS Plus?In October 2021's State of Play Square Enix and Tri-Ace studios announced the release date of Star Ocean: The Divine Force. The latest addition to the Star Ocean series will be coming to the PlayStation 4, PlayStation 5, Xbox One, Xbox Series X/S, and PC through Steam in 2022.In a recent PlayStation Blog post Sho Ishida of Square Enix confirmed that the "double hero" system will return. The storyline of the game

Red Dead Online: Halloween Pass 2: Everything You Need to Know

Top GamesHalloween Pass 2 in Red Dead Online / Credit to Rockstar GamesHere's everything we know about the Red Dead Online Halloween Pass 2 and all the spooky content that comes with it. The Halloween Pass 2 will be available starting today Oct. 28 and will be running through Nov. 22. During that time players can unlock all sorts of gruesome cosmetics and enjoy new game modes themed around the Halloween season. The limited-time purchasable pass will reward players with in-game items spread across 15 ranks. Players who have purchased

Is Five Nights at Freddy’s: Security Breach Coming to the Switch?

Top GamesFive Night at Freddy's: Security Breach / Credit to Steal Wool StudiosIs Five Nights at Freddy's: Security Breach coming to the Nintendo Switch?Steel Wool Studios and the creator of the Five Nights at Freddy's series Scott Cawthon have announced the release date for the newest addition to the series, Five Nights at Freddy's: Security Breach. The game will be available on Dec. 16 of this year. The game's trailer makes it obvious that FNAF:SB will be the most ambitious release in the series in terms of new and interesting

Apex Legends Devs are Not Going to Nerf the Kraber in Season 11

Apex LegendsDespite the desires of the playerbase, Apex Legends developers are not interested in nerfing the Kraber this season. / Respawn EntertainmentDespite the desires of the playerbase, Apex Legends developers are not interested in nerfing the Kraber this season.The Kraber has long since been known as one of the most—if not the utmost—powerful weapon in Apex Legends. It's best known for its ability to one-shot pretty much any player, making it highly sought after and particularly controversial within the game's community. Fans have spent quite a bit of energy attempting

roeJ: “Whatever happens now, we can be nothing but proud of what we have accomplished”

This time last month, you would have been hard-pressed to find anyone believing that Copenhagen Flames would be making an appearance in the PGL Major's Legends Stage, but such has been the incredible story of the Danish squad who have taken the world by surprise. With a flawless run in the IEM Fall group stage, featuring wins over names such as G2 and BIG, the team found themselves just one step away from a place in the Challengers stage and went on to lock in their spot with a narrow