A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps

The so-called silver tsunami of retirees is beginning to crest this year, as a record-high 4.1 million Americans turn 65 in 2024. While many are part of an exodus from the workforce, not all of them will retire: Some cannot afford to stop working, and there is also a growing cohort of college-educated baby boomers who want to keep their jobs despite having the financial means to retire.

Still, as baby boomers reach what experts are calling the “peak 65 zone,” the number of people retiring is expected to jump from around 10,000 per day over the past

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Increasing $7.5 million, Blueprint Finance launches Concrete Protocol, an on-chain credit history market place

Following a $7.5 million elevate led by Hashed and Tribe Funds, Blueprint Finance, emerging from stealth, now announces Concrete Protocol, an on-chain credit score market that safeguards debtors from liquidation, when presenting generate to liquidity providers to fund short-expression funds demands.

“The aim of 2024 is to make it irresponsible for any [crypto borrower] to do it any other way than through our protocol,” cofounder and CEO Nic Roberts-Huntley advised Fortune.

Blueprint Finance is betting that DeFi is approaching a significant inflection point—and lending action will massively increase—and is in search of to get the job done with retail

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El Salvador became the initially country to acknowledge Bitcoin as lawful tender. Now it is giving citizenship for a $1 million ‘investment’

On Thursday, the govt of El Salvador, along with the stablecoin organization Tether, declared a joint initiative named “Adopting El Salvador Freedom” that will allow foreigners to receive a Salvadoran passport in trade for shelling out $1 million in Bitcoin.

In 2021, El Salvador grew to become the 1st place to undertake Bitcoin as legal tender, mandating that firms take the leading cryptocurrency as a variety of payment and rolling out a digital wallet known as “Chivo,” incentivizing citizens to partake with a $30 indication-up reward in Bitcoin.

The enterprise proved controversial, with Salvadorans protesting the move—alongside President Nayib Bukele’s

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Website3 tax products and services business Tres Finance raises $11 million in Series A financing

Tres Finance, a crypto taxation startup, lifted $11 million in a Collection A funding spherical. 

Faction Ventures led the financing spherical that observed further participation from New Form, Boldstart Ventures, Cyber Fund and Ambush Cash. The increase brings Tres’s full funding to $18.6 million.

Tres delivers accounting, auditing, reporting and other economic products and services for world wide web3 corporations. The startup intends to use the funding to advance its development, with the intention of expanding its client base in the US, EU and APAC and scaling its shopper foundation by 300% in the 12 months. 

“This up coming bull

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Hero MotoCorp, GIC to increase stake in Ather with $108 million expense

Hero MotoCorp, the world’s leading two-wheeler maker, and Singapore sovereign fund GIC are investing $108 million in Ather Strength, a promising electric car startup in India whose rapid-increasing fortune experienced to strike the brakes immediately after a neighborhood plan alter.

Hero MotoCorp, which by now owns a 33.1% stake in the Bengaluru-headquartered Ather Electricity, disclosed (PDF) in a stock exchange submitting that its board of administrators had approved a clean expense of up to $66.5 million in the rights challenge of Ather Electrical power.

Prior to the new financial investment, Ather Electricity has elevated $336 million about the a long

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Woman claimed Kobe Bryant promised her stake in financial investment. Now she owes Vanessa $1.5 million

Vanessa Bryant leaves a federal courthouse in Los Angeles, Wednesday, Aug. 24, 2022.

Vanessa Bryant was between the parties awarded extra than $1.5 million by an arbitrator, who dominated from a former Kobe Inc. personnel who claimed Kobe Bryant had promised her a stake in his financial commitment in BodyArmor. (Jae C. Hong / Related Push)

An arbitrator has dominated in favor of Vanessa Bryant and several firms involved with her and late spouse Kobe Bryant soon after a previous worker sued for hundreds of thousands, proclaiming the Lakers legend had “verbally promised” her a stake in his expense in the BodyArmor athletics drink company.

A lawyer representing Vanessa Bryant and three corporations

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