Computer Finance – Fun With Justin Sun, 10 Oct 2021 16:52:27 +0000 en-US hourly 1 Computer Finance – Fun With Justin 32 32 Tom Still: IT for innovation in all sectors of activity | Economic news Sun, 10 Oct 2021 14:30:00 +0000

Created by the merger of three departments, the School of Computing, Data and Information Sciences has an ambitious mission that goes beyond training the next generation of “data managers” – though it remains at the center of the stage. Computer Science is already the largest major on campus, and the new major in Data Science is growing the fastest. Combined with other courses, the CDIS has approximately 3,700 students.

Wisconsin could put them all to work … and then some. Erickson said the state today has around 6,600 open-ended computer-related jobs, only a fraction of which will be filled by the combined annual graduates of the state’s post-secondary schools. With such talent in high demand, it’s no surprise that the average salary for an IT job is around $ 80,000 per year compared to $ 50,000 for a statewide average.

UW-Madison’s IT department once had a reputation for sending its best and brightest to the giants of Silicon Valley and not connecting with Wisconsin companies. That has changed, with CDIS reaching out to public companies who recognize that IT has become an indispensable part of their business.

The school has also stepped up efforts to boost entrepreneurship among students and faculty, some of which have been evident in recent angel and venture capital funding from Wisconsin companies.

For example, CDIS recently attracted the internationally renowned Creative Destruction Lab, which mentors start-ups with innovative products and services in the risk, insurance, health and wellness industries. A seasoned investor at the meeting said CDL is “the best program of its kind” he has seen.

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Money Saving Tips: Save “Hundreds of Pounds” – “It’s Very Easy” | Personal Finances | Finance Thu, 07 Oct 2021 13:14:51 +0000

On BBC Wake up to Money this week, Kia Commodore for the Pennies to Pounds podcast gave some solutions to these issues. She gave some money saving tips that have helped her save “hundreds of pounds”.

Most web browsers allow users to install add-ons. These extensions are small applications that add functionality to your browser and improve or change the way web pages are used and displayed.

She continued, “So if you primarily browse on your computer, you can add something to your browser that will remind you.

“So when you go to some websites it pops up and says you can get a refund here, so click on it, activate it and continue shopping is normal.

“So you don’t have to remember to go to the website first and then go through this whole trail.”


2. Price comparison sites in private browsing mode

Another tip is to use price comparison sites in incognito mode.

Private browsing mode protects people’s private information and prevents certain websites from tracking their search behavior. The browser used will not remember which pages people visit, their search history, or their autocomplete information.

Ms. Commodore continued, “I would say use price comparison websites, but do it in incognito mode.

“The advantage of searching in private browser mode is that the cookies installed cannot trace your previous searches.

“If you are looking for car insurance for example, and have done it several times, the prices offered may be more expensive because the server knows that you may buy this as soon as you visit the website several times. .

“I’ve done it before and have seen my auto insurance increase because I’ve been there before.

“With the private browser mode, I managed to save a few hundred dollars by going this way.”

3. Cancellation of subscriptions

Ms Commodore also recommended canceling subscriptions and said: “It seems like everyone knows of course, but everyone fell victim to forgetting to cancel a free trial, and now you’re paying for something. thing you didn’t really want.

“As a monthly check, go through all your subscriptions, and anything you no longer need or use, cancel it.

“It could be a little drain on your finances.”

4. Discount codes

Another tip that Brits should consider is to use discount codes when purchasing anything online or in stores.

There are many websites dedicated to offering discount codes. Some of them are updated hourly with the latest codes that people can use. Alternatively, people can go to retailer websites to see what they can offer.

If people check before they buy, they can end up saving “10-15%” on whatever products they want.

Ms. Commodore said, “It’s very easy for consumers. You don’t have to be so active. Just add it to your browser and it can do the job for you. When you are on different websites, add-ons will display and alert users to discounts available on that site.

5. Price tracking websites

Finally, as the Christmas season approaches, Ms. Commodore recommended price checking websites.

People can use these websites to make sure that they are buying the best value for money products.

If individuals put specific products on these sites, they’ll send an email alert as soon as the price drops, or there’s a discount code for that, ensuring people pay the lowest price possible.

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The size of the microprocessor market is expected to be worth approximately US $ 113 billion by Tue, 05 Oct 2021 22:00:00 +0000

Tokyo, 05 October 2021 (GLOBE NEWSWIRE) – Precedence research, recently announced report on “Microprocessor Market (By Technology: CISC, RISC, ASIC, Superscalar, DSP; By Application: Smartphones, Personal Computers, Servers, Tablets, Integrated Devices, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook and forecasts 2021 – 2030 ”.

A microprocessor is a computer processor that combines data processing logic and control over a single integrated circuit (IC) or a small number of integrated circuits. The arithmetic, logic and control circuits necessary to accomplish the tasks of the central processing unit of a computer are contained in the microprocessor.

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The crucial factors responsible for the growth of the market are:

  • Growing demand for smartphones
  • Increase in the number of embedded microprocessors in the health electronics sector
  • Technological progress leads to market growth
  • High investment in research and development
  • Increase in health expenditure per capita

Scope of Microprocessor Market Report

Report attribute Details
Market size in 2030 $ 113 billion
Growth rate from 2021 to 2030 4.36% CAGR
Year of reference 2021
Forecast period 2021 to 2030
Covered segments Type of technology, Type of application
Regional scope North America, APAC, Europe, Latin America, MEAN, Rest of the world
Companies mentioned Taiwan Semiconductor Manufacturing Company, Limited, SK Hynix Inc., Intel Corporation, Applied Materials, Inc., Qualcomm Technologies, Broadcom Inc., Samsung Group, Micron Technology, Inc., Sony Corporation, Nvidia Corporation

Highlights of the report

  • Based on the technology, the reduced instruction set microprocessor (RISC) segment has dominated the global microprocessor market with a remarkable 30% revenue share in 2020. Reduced chip complexity is the major factor fueling the market. growth of this segment. The fastest growing ASIC segment during the forecast period.
  • By application, the personal computer (PC) segment is the largest segment of the market, with a share of 41% in 2020. The server segment is expected to experience the fastest growth during the forecast period.
  • In 2020, Asia-Pacific held the largest 55% share of the market due to the increasing penetration of smartphones and other electronic devices.
  • North America holds the remarkable market share due to the presence of market leaders in USA and Canada.

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Market dynamics


One of the growth factors for microprocessors is the growing demand for smartphones globally. Factors such as change in consumer lifestyle, increase in disposable income increase the likelihood that consumers spend in media, entertainment, networks and mobile communication; leading to higher potential smartphone sales. There is a need for a smartphone with faster operation that can be used for games, entertainment, and other official work. The speed of the smartphone is directly proportional to the microprocessors used in the smartphone. Thus, the increase in sales of smartphones will boost the microprocessor market.


In recent years, the adoption of smartphones and tablets has influenced the demand for PCs. The growth of the microprocessor and GPU market has been impacted by the portability and performance offered by next-generation smartphones and tablets.

Compared to processors and GPUs used in smartphones and tablets, PC and GPU processors are often more expensive. Desktop PCs are seeing the biggest drop in the PC category as more and more users switch to portable devices for everyday tasks. In addition, as PCs have a long lifecycle and cannot be replaced in a short period of time, there is an overall growth in demand for the PC industry.

Associated reports


An increase in demand for AI and deep learning-based applications, such as supercomputers in the wake of the COVID-19 pandemic. Deep learning training and inference systems are in high demand across a wide range of industries, from automated driving to electrical products to industrial automation. Deep learning is used in smart devices such as smart speakers and smart TVs for voice translation and automated hearing. To deliver results, these devices adapt to the surrounding speech and understand the user’s preferences. Another industry that has seen a lot of adoption of AI-based applications in recent years is the financial and banking industry.

For bitcoin mining, the fast growing cryptocurrency business uses high performance AI processors. Using NLP techniques, financial organizations deploy AI chatbots to provide self-help customer services. The deployment of supercomputers is increasing rapidly among research companies, institutions and governments around the world as the number of COVID-19 cases increases. These supercomputers use high-performance AI processors and GPU accelerators to aid in the development of COVID-19 vaccines and viral therapies.


A significant increase in the power consumption of microprocessors in wireless networks has been identified as a major threat to environmental protection and long-term growth. The demand for data access worldwide has increased dramatically due to the high-speed internet access provided by next-generation wireless networks and the increased use of smartphones, resulting in a dramatic expansion of network infrastructure. and growing energy demand. To overcome these challenges, wireless network service providers and chipmakers have made green evolution a top priority.

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Recent developments

  • For example, Intel released 11th Generation Intel® CoreTM processors with Intel® Iris® Xe graphics for thin notebooks in September 2010 to deliver 2.7 times faster content production, office productivity over 20 % faster and more than 2x faster gaming and streaming.
  • Qualcomm introduced three new Snapdragon processors in January 2020: the 720G, 662, and 460. The new processors support dual-frequency GNSS (L1 and L5) for increased location positioning accuracy and resiliency, as well as Indian constellation navigation (NavIC). The processors support high-speed 4G connectivity and have built-in Bluetooth 5.1 and WIFI 6 technologies, enabling fast and seamless connectivity while conserving battery power. In 2019,
  • In December 2019, the US computer and microprocessor firm Intel Corporation acquired Habana Labs Ltd, an Israeli AI chip processor for $ 2 billion. Intel Corporation planned to expand its artificial intelligence portfolio and boost its AI chip market with this acquisition.

The major players operating in the microprocessor market are Qualcomm Technologies, Intel Corporation, Broadcom Inc., Taiwan Semiconductor Manufacturing Company, Limited, SK Hynix Inc., Micron Technology, Inc., Nvidia Corporation, Samsung Group, Sony Corporation, Applied Materials, Inc.

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Precedence Research is a global market research and consulting organization. We provide an unmatched nature of offering to our customers around the world in all industry verticals. Precedence Research has expertise in providing in-depth market intelligence as well as market intelligence to our clients across various companies. We are obliged to serve our different clienteles present in companies of medical services, health, innovation, new generation technologies, semiconductors, chemicals, automotive, aerospace and of defense, among various companies present in the world.

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Altair promotes better decision making and faster optimization with the latest version of the integrated simulation and analysis portfolio Tue, 05 Oct 2021 11:00:00 +0000

Simulation Software Update 2021.2 Delivers AI-Driven Speed, Democratization and Innovation at Every Stage of the Development Lifecycle of Complex Products and Systems

TROY, Mich., October 5, 2021 / PRNewswire / – Altair (Nasdaq: ALTR), the global leader in converged simulation, HPC and AI, has announced significant enhancements to its integrated portfolio of simulation and design tools. This update to Altair’s simulation software suite aims to accelerate simulation-based design and unleash the power of AI by integrating augmented intelligence into the widest possible range of engineering tools. computer aided (CAI).

In Simulation 2021.2, the adoption of engineering AI transforms product development and the application of machine learning to time-consuming tasks like finding and categorizing parts.

“The latest version of our simulation solutions embodies Altair’s position at the forefront of the convergence of simulation, HPC and AI. For engineers, designers and simulation specialists, this release fosters exploration, innovation and collaboration, ”said James R. Scapa, founder and CEO of Altair.

Improve simulation-based design

Simulation 201.2 takes simulation-based design to the next level. Streamlined modeling workflows deliver even faster design iterations, resulting in optimal, manufacturable designs earlier than ever in the development cycle. Improvements include:

  • Modeling and simulation workflow based on parametric characteristics – Altair® Inspire ™ makes geometry modeling and editing accessible to all designers and engineers, even if they don’t have the time or access to traditional computer aided design (CAD) tools. A robust history-based CAD modeling approach ensures that creating and modifying geometry is quick and easy.

  • Ability to perform simulation studies faster and easier – Altair’s high-end solvers powering Inspire encourage wider collaboration and extend to flexible bodies for motion analysis and even faster integration with Altair® SimSolid®, facilitating rapid analysis of large assemblies .

  • A complete API based on Python Over 500 documented and running examples enable rapid automation and customization of simulation-driven design and manufacturing workflows.

The right model, for the right decision, at the right time

Simulation 201.2 combines IT-efficient reduced-order models and detailed CAE analysis with the automation of labor-intensive task processes. Users can now create mixed loyalty models with the appropriate complexity to accelerate decision making. A major development includes Altair® Pulse ™, a new tool that orchestrates meaningful models from the vast workflows required to simulate complex systems of systems with the targeted workflows needed to enable fast, reliable and repeatable modeling, analysis and optimization. Throughout the product development cycle, Pulse speeds up decision making and inspires greater confidence in the process. Key features and capabilities include:

  • A digital thread that drives script consolidation, process pooling, and data traceability for simulation Key Performance Indicators (KPIs) across the enterprise and throughout the product lifecycle.

  • Digitize best practices to increase team efficiency and analysis consistency, while reducing procedural errors and time without added value. More effort can be invested in using simulation to inform performance goals, assess attribute tradeoffs, and explore what-if scenarios.

  • Increase efficiency by using multiple scripting languages ​​to eliminate repetitive tasks between applications, even for complex processes.

Bring augmented intelligence to a wide range of CAE tools

AI-powered design, augmented intelligence, and predictive analytics all contribute to broader collaboration, faster design convergence, and greater product innovation. The machine learning (ML) algorithms in this suite of solutions are leveraged in three main areas:

  • Increase existing products with AI – Starting with modeling and visualization products, the latest version of Altair® HyperWorks® includes features like shapeAI, which applies ML to quickly find and categorize parts by shape in geometry files or meshes. ‘Finished elements.

  • Add the power of AI to product design – Altair HyperWorks Design Explorer enables easy setup and execution of design of experiments (DOE) and optimization studies and deploys ML models to provide real-time field predictions for any design change .

  • Use of field data throughout the product lifecycle – With new tools such as signalAI, ML can interpret field data to prevent product failures when the data shows deteriorating health and predict the effects of environmental changes in real time.

“By taking advantage of new capabilities enriched by AI, we free users from tedious and repetitive tasks, and allow them to run more simulations and design iterations,” said Scapa. “By supporting better decision making whenever possible, Altair is once again accelerating and optimizing design and manufacturing results. “

All products are available through Altair Units, giving customers easy and cost-effective access to Altair’s entire portfolio of software solutions. For more information on the latest simulation software update, visit or register to attend Future.Industry at -industry-2021 /.

About Altaïr (Nasdaq: ALTR)
Altair is a global technology company providing software and cloud solutions in the fields of simulation, high performance computing (HPC) and artificial intelligence (AI). Altair enables organizations across large segments of the industry to compete more effectively in a connected world while creating a more sustainable future. For more information, please visit

With the release of Simulation 2021.2, Altair is taking simulation-based design from the desktop to the enterprise through efficient orchestration of mixed-fidelity models to simulate complex systems of systems.

With the release of Simulation 2021.2, Altair is taking simulation-based design from the desktop to the enterprise through efficient orchestration of mixed fidelity models to simulate complex systems of systems.

With the release of Simulation 2021.2, Altair Inspire provides a robust, history-based CAD modeling approach to create and modify geometry easily and quickly.

With the release of Simulation 2021.2, Altair Inspire provides a robust, history-based CAD modeling approach to create and modify geometry easily and quickly.




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DC area near the top for wasted office space Mon, 04 Oct 2021 15:27:04 +0000 Across the country, businesses continue to lose offices during the pandemic’s home shift.

Across the country, businesses continue to lose offices during the pandemic’s home shift.

Between Q2 2020 and Q2 2021, the negative net absorption of commercial office space, or returned space, was 144 million square feet, according to a National Association quarterly commercial real estate report. of Realtors.

The DC area ranks second after the New York subway for the amount of abandoned office space in the past year.

“It’s not just the DC market that has given up a lot of office space,” said Gay Cororaton, NAR senior economist and director of business research.

Many “gateway cities” also have them, such as New York, San Francisco, Chicago and LA.

“The New York area alone ceded 22 million square feet of space and the DC area ceded 8.5 million,” Cororaton said.

A separate report released this spring by commercial real estate company CBRE showed 1.1 million square feet of negative net absorption in the DC area office market in the first quarter alone, the biggest loss of occupancy on record. over a quarter. CBRE now reports that the office vacancy rate in the district in the third quarter has exceeded 18% for the first time.

The reason is exactly what the real estate industry predicted the pandemic would be caused by the pandemic: businesses no longer need space.

“Those who are in IT, technology, finance, mathematics… half of them still work from home against around 12.5% ​​before the pandemic. So really, there is no use right now for that office space, ”Cororaton said.

As a result, average office rents in many markets, including the DC area, are falling. The association reports that in the second quarter, the average office rental rate in the DC metro was down 1.2% from a year earlier.

The problem will be compounded by the large amount of new offices under construction. In the DC area, there were 9.4 million square feet of office space under construction in the second quarter, behind New York, Boston and Seattle.

The great return to the office is not universal. Among the major cities, Austin, Salt Lake City, Miami and San Antonio have all seen an increase in the number of rented office space over the past year, and office rents have increased year over year. in 365 of the 380 metropolitan areas monitored. by CoStar, mainly the secondary and tertiary markets.

The association’s quarterly report, which also tracks trends in multi-family, industrial, commercial and hotel real estate, is published online.

EDITOR’S NOTE: This story has been edited to reflect the correct quarter in which CD vacancy rates exceeded 18%.

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Tesla Reports Higher Than Expectations in Third Quarter Sales | Business and finance Sat, 02 Oct 2021 18:08:48 +0000

PALO ALTO, Calif. (AP) – Tesla said it delivered 241,300 electric vehicles in the third quarter even as it grappled with a global shortage of computer chips that hit the entire auto industry.

The company’s sales in Palo Alto, Calif., From July through September exceeded Wall Street estimates of 227,000 worldwide sales, according to data provider FactSet.

Third-quarter sales were up 72% from 140,000 deliveries made by Tesla for the same period a year ago.

So far this year, Tesla has sold around 627,300 vehicles. This allows him to solidly beat last year’s total of 499,550.

Wedbush analyst Daniel Ives wrote in a note to investors that the pace of electric vehicle deliveries in the United States and China has been strong for about a month. This means a “breathtaking growth trajectory heading into Q4 and 2022 for (CEO Elon) Musk & Co”.

Still, Ives estimated that the chip shortage will remove 40,000 vehicles from Tesla’s annual delivery count. He estimates deliveries to at least 865,000 vehicles, with a case of bulls of around 900,000.

In a nutshell, with headwinds linked to the chip shortage, Chinese demand still recovering from the start of the year and competition from electric vehicles from all angles, Tesla’s ability to meet these challenges this quarter has been very impressive, ”he wrote.

In the third quarter, the smaller Model 3 sedan and SUV Y led the way with 232,025 sales, followed by the larger Model S and X at 9,275. Tesla said it produced 237,823 vehicles for the quarter.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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The hot topic of G2E 2021? The future of AI for casinos Sat, 02 Oct 2021 04:13:09 +0000

G2E 2021 kicks off October 4 in Las Vegas, and the most talked about education session is “The Future of AI for Casinos”. The session attracted over 500 registrations.

LAS VEGAS, October 1, 2021 / PRNewswire / – In order to meet the high level of interest, the training session has been moved to a larger location. it will take place October 5, 2021 at the G2E Innovation Lab (Stand 1653).

Coming to G2E 2021 “The future of AI for casinos”

The session will be presented by Kiran brahmandam.

Brahmandam is an 18-year gaming industry veteran, with a history of spearheading innovation and systems R&D in the brick and mortar industry. Now, his mission is to optimize casino operations, improve customer experience, and increase casino profitability using artificial intelligence.

Brahmandam is CEO of Gaming Analytics. He says, “The future of AI for casinos is changing rapidly – it is important that operators have a plan.”

Some fear that there will be job losses resulting from AI in casinos. Brahmandam explains, “There will be a realignment of jobs resulting from AI – not job losses per se. A realignment means that career paths will change – employees will spend less time on tedious work and less time behind a computer. more time for team building activities and more time to focus on customers and create a better customer experience. Operators should start planning for the AI ​​realignment now. Meanwhile, jobs that require creativity and compassion will see increased demand. “

Brahmandam says that many casinos are now adopting AI as a way to improve slot machine design and create a marketing campaign with better targeting and detailed characters; these benefits are realized immediately.

Next, his team of data scientists are working on AI platforms that will create a safer gaming environment – for the operator and the guest – by integrating responsible gaming and fraud alerts into the software.

Brahmandam said, “The disruption of AI in casinos is exciting and is accelerating rapidly. It is important that operators plan for the disruption now. With a good plan, employee engagement will increase, customer experience will improve, and casino profits will be higher. . “

About Kiran Brahmandam
CEO of Gaming Analytics, Kiran is an 18-year veteran of the gaming industry. A spearhead of innovation and systems R&D in the brick and mortar industry, his products have generated over 1B In income.
In 2017, he founded Gaming Analytics – his mission – to improve the casino floor and maximize profits using artificial intelligence.
Kiran holds a Master of Science in Computer Science and Information Systems from University of Southern Illinois. He obtained his Executive Education diploma Harvard Business School.
He is available to meet with media and G2E peers.

About G2E
G2E is taking place this October 4-7, 2021 (Education: October 4-7 | Exhibition room : October 5-7) at the Venetian Expo in Las Vegas, Nevada. Global Gaming Expo (G2E) is the largest gathering of global, commercial and tribal gaming professionals in North America. Enjoy fast and actionable new educational content and experience first-hand the new products and innovative technologies presented on the exhibition floor.

About game analysis
Gaming Analytics, Inc. is a leader in artificial intelligence for the gaming industry, delivering the simplicity of a search engine with the power of machine learning. The company was founded in 2017 and is based in San Francisco, California.

About “The Future of AI for Casinos”

The details of the session are as follows:

G2E 2021
Sands Expo Convention Center
Location: Innovation Lab Main Stage @ G2E
October 5, 2021 To 12:30 p.m.

Click here for the list of events.

Media contact:
Philip James Media



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SOURCE Gaming Analytics Inc.

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Coinbase says hackers stole cryptocurrency from at least 6,000 customers Fri, 01 Oct 2021 16:31:17 +0000

(Reuters) – Hackers have stolen the accounts of at least 6,000 Coinbase Global Inc customers, according to a breach notification letter sent by the cryptocurrency exchange to affected customers.

The hack took place between March and May 20 of this year, according to a copy of the letter posted on the site California Attorney General Web.

Unauthorized third parties exploited a loophole in the company’s SMS account recovery process to access accounts and transfer funds to crypto wallets not associated with Coinbase, the company said.

“We immediately fixed the flaw and worked with these customers to regain control of their accounts and refund them any lost funds,” a spokesperson for Coinbase said on Friday.

Hackers needed to know the email addresses, passwords and phone numbers linked to the affected Coinbase accounts and have access to personal emails, the company said.

Coinbase said there was no evidence to suggest the information was obtained from the company.

News of the hack had already been reported by technology news portal Bleeping Computer.

(Reporting by Niket Nishant in Bangalore; Editing by Shounak Dasgupta)

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Dan Calugar Finance Award Winner Announced | New Fri, 01 Oct 2021 01:00:00 +0000

LAS VEGAS, September 30, 2021 / PRNewswire-PRWeb / – The Dan Calugar The Finance Scholarship Committee is pleased to announce that the winner of the Fall 2021 term is Ben cartwright, student at Colorado State University pursuing his master’s degree in finance.

“This scholarship allows me to focus on my masters without worrying about the financial burden of obtaining a graduate degree,” Cartwright said.

As a recent graduate with distinction from Colorado State University, Cartwright received a Bachelor of Science in Business Administration with concentrations in Investment Analysis and Corporate Finance. He recalls realizing his penchant for algorithmic trading while working at Epic, the medical records software company, during the pandemic. Cartwright was passionate about finance and math during his undergraduate studies, thus sparking his interest in training in programming when the opportunity to work with Epic arose.

“While at Epic, I loved programming while working as a Technical Solutions Engineer in the Resolute Business Invoicing application. led me to decide to pursue my Master of Finance at Colorado State University“said Cartwright.

After earning his master’s degree, Cartwright plans to pursue a career in quantitative finance. He took Udacity classes at his own pace to further his knowledge of programming and machine learning, being newly exposed to these areas of study. He quickly excelled in his Python and SQL skills and his understanding of machine learning.

Cartwright has also developed a few side projects around the development of his knowledge in finance during his studies. His first project was to program a portfolio standard deviation calculator in python using linear algebra and portfolio management.

His second project, which Cartwright is currently working on, is a trading bot that uses Bollinger Bands and the Momentum Stochastic Index to identify S&P 500 stocks that might have a potential price change of a few percentage points.

Dan Calugar, a seasoned investor and founder of the stock market, discovered his passion for finance and investing by writing computer programs to help him discover more profitable investment strategies during his years as a specialist lawyer in pension plans. He created the Dan Calugar Finance Scholarship with the hope of helping future generations of finance professionals flourish.

“It’s amazing to know that people are ready to support your aspirations as a student, and I cannot begin to express the immense gratitude for everyone who makes the Dan Calugar Finance scholarship possible. I hope to embrace such generosity in everything I do and pay for this act of kindness forward a day in the future, ”said the fellow Ben cartwright.

On Daniel Calugar

Daniel Calugar is a versatile and experienced investor with a background in IT, business and law. He developed a passion for investing while working as a pension lawyer and used his technical skills to write computer programs that helped him identify more profitable investment strategies. When Dan Calugar does not work, enjoys training, being with friends and family, and volunteering with Angel flight.

Media contact

Dan Calugar, Dan Calugar Funding Exchange, 702 302-3204,

SOURCE Dan Calugar Financial Scholarship

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Decentralized Compound Funding Protocol Plunges 10% After Overpaying Millions in Cash Extraction Rewards; bitcoin, ether rise Thu, 30 Sep 2021 14:06:00 +0000

The Decentralized Finance (DeFi) Compound Lending Protocol saw its COMP token plunge about 10% on Thursday, after a bug in its computer program caused the platform to overpay millions of dollars in COMP as a reward for extracting cash.

Compound is the fifth largest decentralized financial protocol in the world, with a stranded value of over $ 9 billion, according to data provider DeFi Pulse. Like many other DeFi platforms, Compound rewards certain users with its tokens for using the platform and providing cash, as an incentive.

After a recent upgrade, a new program that distributes cash extraction rewards contains a bug, causing some users to “get way too much,” Robert Leshner, founder and CEO of Compound Labs wrote on Twitter.

The bug can impact 280,000 COMP at worst, or $ 84.6 million based on the token’s current price, according to Leshner. However, not all provided and borrowed assets are affected, he wrote.

COMP recently traded at $ 300, down 9.2% in the past 24 hours.

The incident also highlighted the potential downside of the decentralized financing protocol.

The new program was written by a member of the community, with the review of several other members of the community, according to Leshner. “This is the biggest opportunity and the biggest risk for a decentralized protocol – that an open development process allows a bug to go into production,” he wrote.

Since there is no admin control to turn off COMP distribution, any changes would require a 7-day governance process, according to Leshner.

Bitcoin BTCUSD,
+ 4.70%
has gained 3% in the last 24 hours, recently trading above $ 43,100. Ether ETHUSD,
+ 5.64%
has risen 3% in the past 24 hours, recently trading at $ 2,983.

Investors also observed another decentralized Terra platform, as the blockchain completed its long-awaited Columbus-5 upgrade on Thursday, which would allow the blockchain to connect to more decentralized applications and increase the burning rate of its native Luna token.

Luna is the 13th largest cryptocurrency in the world by market cap, according to CoinMarketCap. Terra also powers the TerraUSD stablecoin, a 1: 1 cryptocurrency linked to the US dollar via algorithms.

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