Industry WIKI

On July 15, 2020, between 20:00 and 22:00 UTC, 130 high-profile Twitter accounts were compromised by outside parties to promote a bitcoin scam. Hackers used social engineering against Twitter employees to gain access to administrative tools, allowing them to post the tweets directly. The scam tweets asked individuals to send bitcoin currency to a specific cryptocurrency wallet, with the

On 18 July, 2024, WazirX, an Indian cryptocurrency exchange, reported a cyberattack in which approximately US$234.9 million (around ₹2,000 crore) in digital assets were stolen from a multi-signature wallet used under a third-party custody arrangement with Liminal Custody. Global analysis later linked the attack to the Lazarus Group, a North Korea–associated threat actor targeting crypto

An application-specific integrated circuit (ASIC ) is an integrated circuit (IC) chip customized for a particular use, rather than intended for general-purpose use, such as a chip designed to run in a digital voice recorder or a high-efficiency video codec. Application-specific standard product chips are intermediate between ASICs and industry standard integrated circuits like the 7400 s

Huw David Dixon (/hju: devəd dɪksən/; born 1958) is a British economist. He has been a professor at Cardiff Business School since 2006, having previously been Head of Economics at the University of York (2003–2006) after being a professor of economics there (1992–2003), and the University of Swansea (1991–1992), a Reader at Essex University (1987–1991) and a lecturer at Birkbeck College

An individual savings account (ISA or Isa; ) is a class of retail investment arrangement available to residents of the United Kingdom. Introduced in 1999 as an Individual Special Savings Account (ISSA), the accounts are exempt from income tax and capital gains tax on the investment returns, and no tax is payable on money withdrawn from the scheme.

In economics, inflation is an increase in the average price of goods and services in terms of money, though it originally referred to the increase of the money supply (monetary inflation) that can cause such a universal shift. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods a

An inflation swap is an over-the-counter derivative in which one party pays a fixed inflation rate and the other pays the realised change in a price index such as CPI, RPI or HICP. Markets trade two main structures: the zero-coupon inflation swap, which settles once at maturity, and the year-on-year inflation swap, which pays periodic coupons. Users include pension funds, insurers and ot

Mervyn Allister King, Baron King of Lothbury, (born 30 March 1948) is a British economist and public servant who was governor of the Bank of England from 2003 to 2013. Emeritus Professor of the London School of Economics and chairman of the Philharmonia since 2020, Lord King served as president of Marylebone Cricket Club for 2024/25.

Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability (normally interpreted as a low and stable rate of inflation). Further purposes of a monetary policy may be to contribute to economic stability or to maintain predictable exchange rates with

Nouriel Roubini (born March 29, 1958) is a Turkish-born American economic consultant, economist, speaker, and writer. He is a professor emeritus since 2021 at the Stern School of Business of New York University. Roubini earned a BA in political economics at Bocconi University in Italy and a doctorate in international economics at Harvard University. He was an academic at Yale University

Patrick Robert Chovanec (born February 14, 1970) is an American writer and economic advisor at Silvercrest Asset Management, where he was formerly chief strategist. He has taught as a professor at Tsinghua University's School of Business and Management in Beijing, China and as an adjunct professor at the School of International and Public Affairs, Columbia University, and is a frequent c

The general price level is a hypothetical measure of overall prices for some set of goods and services (the consumer basket), in an economy or monetary union during a given interval (generally one day), normalized relative to some base set. Typically, the general price level is approximated with a daily price index, normally the Daily CPI. The general price level can change more than on

A year-on-year inflation-indexed swap (YYIIS) is a standard derivative product over inflation rate. The underlying is a single consumer price index (CPI). The first swap of this kind was traded through the inter-dealer broker network in November 1999.

A zero-coupon inflation swap (ZCIS), also called a zero-coupon inflation-indexed swap (ZCIIS), is a standard derivative product whose payoff depends on the inflation rate realized over a given period of time. The underlying asset is a single consumer price index (CPI).