#solvency

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Shopify
1 month ago
Bootstrapping

What Is Solvency? Definition and Examples (2024) - Shopify

Solvency is crucial for long-term survival and denotes a business's ability to meet long-term financial obligations.
Understanding the difference between solvency and liquidity is essential for effective financial management. [ more ]
Coindesk
5 months ago
Cryptocurrency

Binance Processes Nearly $1B in Net Outflows as Changpeng 'CZ' Zhao Resigns

Binance saw over $950 million in net outflows and its founder CZ agreed to step down as part of a settlement.
Withdrawals from Binance are higher than usual but not unusually large, and the exchange continues to operate as usual.
Binance holds over $67 billion worth of tokens and stablecoins, providing confidence in its solvency. [ more ]
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