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What Is an ACH Transfer? How It Works
An ACH transfer is an electronic instruction that moves dollars from one deposit account to another through the Automated Clearing House Network. Credit unions along with payment processors batch thousands of instructions into files that the network clears at fixed intervals each business day. The process replaces paper checks and cash deposits with a digital…
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J.D. Vance’s Net Worth
J.D. Vance campaigns for vice president on Donald Trump’s 2024 ticket. He serves as Republican senator from Ohio after winning the 2022 election. Trump introduced Vance as running mate on 15 July at the Republican National Convention in Milwaukee. Vance took the Senate oath in January 2023. Vance was born in Middletown, Ohio – he…
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How Green Is Ethereum?
On 15 September 2022 the Ethereum network replaced proof-of-work with proof-of-stake in an event codenamed the Merge. The switch slashed annual electricity demand from 21.4 TWh to 2.6 GWh, a reduction of 99.988 percent. The network now emits roughly 870 t of carbon dioxide each year, the same output as a single U.S. hospital. Ethereum…
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FTX To Begin Repaying Customers in Early 2025 – What You Need To Know
Customers who held balances of $50,000 or less on FTX will receive the first repayments in early 2025. The plan takes legal effect on 3 January 2025. Payments must reach eligible accounts within sixty calendar days after that date. The court approved bankruptcy blueprint advertises a 119 % recovery rate for most account holders, yet…
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