For years, Bitcoiners have repeated the mantra “be your own bank.” But in truth, storing any type of crypto in a wallet has been a lot closer to stuffing cash under your mattress than to a complex financial institution like a bank. Admittedly, it’s an improvement in that crypto can be transferred across the globe
admin
Smart accounts, enabled by the launch of the new ERC-4337 standard, are now available on Ethereum and are expected to help mainstream adoption by finally making crypto user friendly. Ethereum Foundation security researcher Yoav Weiss will make the surprise announcement at WalletCon in Denver today that the core contracts for ERC-4337 — known by blockchain
The Boston Medical Center sold $232 million of revenue bonds at the end of February to finance green modifications to several of its facilities in pursuit of a net-zero carbon initiative. The new credit carried a sustainability designation from Kestrel Verifiers as it contained elements of both green and social bonds. The issuance was the
Chicago voters will choose between Paul Vallas, a former city budget director and Chicago Public Schools chief, and Cook County Board Commissioner Brandon Johnson to replace Mayor Lori Lightfoot who lost her bid for a second term as the city’s upward fiscal momentum took a backseat to worries over crime. Vallas won 33.9% of the
Bitcoin (BTC) bulls laid most of their options at $24,500 and higher for the March 3 options expiry, and given the recent bullishness seen from BTC, who can blame them? On Feb. 21, Bitcoin’s price briefly traded above $25,200, reflecting an 18% gain in eight days. Unfortunately, regulatory pressure on the crypto sector increased, and
The bulk of the whopping $4.6 trillion of COVID-19 relief allocated since the onset of the pandemic has been obligated and spent, though $90.8 billion remains available and roughly $24 billion of unobligated funds have now expired. That’s according to a Feb. 28 report from the Government Accountability Office, which tracks pandemic aid spending, obligation,
UniCredit’s board has proposed raising chief executive Andrea Orcel’s salary by 30 per cent — from €2.5mn to €3.25mn a year — just weeks after the head of the Italian bank’s remuneration committee quit. Orcel is already one of the best-paid bankers in Europe, with a pay package of €7.5mn. The new proposals announced on
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s
In this article AMC 9866-HK RIVN FHN MMM LOW Follow your favorite stocksCREATE FREE ACCOUNT The Lowe’s logo is displayed on the front of the store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Lowe’s — Shares fell 5.56% after the home improvement retailer’s fiscal
sponsored Logium, an ambitious newcomer to the world of crypto betting, has recently undergone a noteworthy refresh to better serve its users. What is Logium? Logium is a peer-to-peer platform that allows traders to bet with each other on whether the price of an asset will go up or down in value. Every trade on
Throughout the country, real estate agents are taking courses in implicit bias and the origins and effects of racism. In New York State, employers AND the state both mandate these courses, so many agents and managerial staff are taking them twice. In a country which remains rife with prejudice, do these courses actually impact people’s
Rather than get entangled in controversy over environmental, social and governance issues, Louisiana decided to avoid any problems for its upcoming sale of $275 million of general obligation bonds. The state Bond Commission voted at its Feb. 24 meeting to move ahead with the GO deal via a competitive sale rather than a negotiated transaction
The Oversight Board’s proposed plan of adjustment is not “patently” illegal and the judge in the Puerto Rico Electric Power Authority bankruptcy said she would approve the board’s related proposed disclosure statement with minor revisions and directed the parties to engage in more mediation. Judge Laura Taylor Swain, in an oral ruling in Tuesday’s disclosure
Bitcoin (BTC) was marginally positive in February even though the S&P 500 index (SPX) fell by 2.61%. On the first day of March, Bitcoin has started on a positive note while the United States equities markets are struggling. This shows that Bitcoin is trying to decouple from the U.S. equities markets. A positive sign is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bridgewater Associates is set to cap investments in its flagship vehicle and cut about eight per cent of its workforce in the most significant shake-up of the world’s largest hedge fund since founder Ray Dalio
A majority of Americans who sold a home for the first time in the past two years wish they had done something differently, according to a recent survey. Even in a sellers’ market, many recent first-time sellers have regrets about the pricing, timing or marketing of their home, a new Zillow survey conducted online by
Prosecutors in Switzerland have charged four bankers with helping to hide tens of millions of Swiss francs on behalf of Vladimir Putin, in one of the first ever court cases in the west to directly involve assets allegedly belonging to the Russian president. The four individuals were employees of Gazprombank’s Swiss subsidiary, and include its
Airlines are defying gravity. The global economy is weak and inflation is fuelling a cost of living crisis, yet there is an apparently relentless demand for flying across the world. Low cost airlines in Europe are touting record booking sprees, US carriers cannot find enough planes to meet demand, and Air India has decided now
Santa Barbara’s nickname as “the American Riviera” may sound like an overreach. But spend time driving into hillside neighborhoods where winding roads lead to balconies and patios on Spanish-style homes high above the ocean and you’ll quickly see the resemblance to the Mediterranean Sea. Nowhere is this truer than in the Riviera neighborhood. It’s one
The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish. Ether’s price resilience can be partially explained by the operational failure
An overwhelming share of Americans who sold a home for the first time in the past two years wish they had done something differently (84%). A new Zillow survey conducted online by The Harris Poll finds that even in a sellers’ market, many recent first-time sellers have regrets about the pricing, timing or marketing of