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The best way to earn billionaire status is to follow in Warren Buffett’s footsteps: 15% of billionaires derive net worth from the finance industry

The number of people who may think a banana costs $10 has exploded in the last few decades. The US has 902 billionaires this year, up from 66 in 1990, when the economy was less than half of its current size and $410 million was equivalent to $1 billion in today’s dollars. US billionaires are collectively worth … Read more

Synthetix wants to acquire Derive through a $27m token swap

Synthetix contributors have released a proposal to acquire options protocol Derive through a token swap deal involving 29.3 million SNX with a lock-up and vesting period, valued at approximately $27 million. On May 14, the DeFi protocol declared its intention to acquire one of its former ecosystem projects, decentralized options platform Derive. At the moment, … Read more

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