Friday, April 19, 2024
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Frax Finance to retire algorithmic backing amid stablecoin crackdown

The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an end to the algorithmic backing of the protocol.The FIP-188 governance proposal — which would change the collateralization model of FRAX — initially posted on Feb. 15 has now reached a

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Don’t Expect Underwhelming Returns to Force Warren Buffett to Retire

Warren Buffett’s highly anticipated annual letter to shareholders is coming out on February 22. The Berkshire Hathaway Chairman and CEO will be turning 90 in August. In 2019 the S&P 500 outpaced Berkshire stock leading critics to say value-investing is dead. Berkshire Hathaway (NYSE:BRK.A) is releasing 2019 annual results

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