On June 6, decentralized finance (DeFi) lending platform Defactor Labs said that it tokenized $100 million worth of Alpha Bonds using the ERC-3643 token standard. The bonds, tokenized on the Polygon (MATIC) network, will be lent to small- and medium-sized enterprises using real-world assets, such as receivables, as collateral. Defactor Labs partnered with law firm
A rare Victorian-era home―its gas-lit heyday marked by white-glove soirees―has come to market in San Diego’s Bankers Hill district. The 1889 Queen Anne-style home, with its dome-topped tower, wraparound gingerbread porch, carriage house and impeccably maintained interior is priced at $6.485 million. “This is one of San Diego’s best,” says Bruce Coons, an architecture historian
Fresh off enacting a tax credit program tied to private school education, Oklahoma will directly fund a religious charter school — a move the state’s attorney general called unconstitutional and potentially costly for the state to defend. In a 3-2 vote Monday, the Oklahoma Statewide Virtual Charter School Board approved an application from the Roman
Venture capital firm Sequoia announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian markets separately. The move, announced on June 6, is intended to decentralize back office functions for the company. Citing increased global financial complexity and a growing brand confusion, per a
U.S. public pension funds are steering more money into infrastructure, joining a larger trend of private infrastructure funds raising big money over the last two years. In its 2023 annual report on public-private partnerships and infrastructure investment, the Reason Foundation found that infrastructure investment funds raised $149 billion last year, marking the second consecutive year
While passage of a fiscal 2024 budget took center stage during Illinois’ spring legislative session, lawmakers also advanced potential public-private partnerships, extended transit’s break from farebox funding rules, aided hospitals, and cemented a pension overhaul for Cook County. Budget passage came late last month, one week after the General Assembly’s self-imposed May 19 date but
The future is Asian, argues the respected analyst, Parag Khanna. But this piece of conventional wisdom needs unwrapping. Geographically, Asia is no more a continent than is Europe. “Asia” itself is not even an Asian idea: Europeans invented it. Asians did not conceive of themselves as being part of a single continental entity. The region
Bitcoin (BTC) recovered some of its lost ground after the June 6 Wall Street open despite new legal action from United States regulators. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView Analyst sees Coinbase marking BTC price low Data from Cointelegraph Markets Pro and TradingView tracked an ongoing rebound for BTC/USD, which reached $26,250 on Bitstamp.
Real estate investors and developers have been concerned in recent months about the direction of rents. Rents on multifamily apartments as well as rental homes and townhomes peaked after the massive and clearly-unsustainable rates of increase of the prior two or three years, underwent a short correction, and now appear to be rising again. This
Golf’s US-based PGA Tour and the Saudi Arabia-backed breakaway league LIV have agreed to join forces, ending a long-running feud. The PGA Tour and Riyadh’s Public Investment Fund have agreed to create a jointly managed entity to house their commercial operations, and intend to cease their pending litigation. The European Tour has also signed up
In this article AAPL MKC HQY MBLY Follow your favorite stocksCREATE FREE ACCOUNT Amnon Shashua, president and chief executive officer of Mobileye Global, and Patrick Gelsinger, chief executive officer of Intel Corp., outside the Nasdaq MarketSite during the company’s IPO in New York, US, on Wednesday, Oct. 26, 2022. Michael Nagle | Bloomberg | Getty
Ilona was driving through Ukraine in the early hours of Tuesday when she heard news of the damage to the Nova Kakhovka dam. She panicked — her mother still lived across the frontline, in Russian-occupied territory close to the river. “She doesn’t walk well. She never leaves her yard,” Ilona said. Her mother lives two
The destruction of the Kakhovka dam and power plant that unleashed floodwater across southern Ukraine is likely to limit Kyiv’s options in its incipient counter-offensive, according to military officials and analysts. Moscow and Kyiv traded blame on Tuesday for the demise of the dam, which spanned the Dnipro river and is located in Russian-occupied Kherson
The recent failures of regional banks is emboldening Washington’s administrative state to double down on regulation. Regulators across the city are rushing to write new rules to further inject Washington’s central planners into the functioning of our capital markets. The American Securities Association, which I run, recently sent a letter to the Washington bureaucracy with
When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back — and with a glossy new institutional sheen and legit use cases to help traders and funds keep their market moves a “trade” secret. Tornado Cash is what is known as
As decentralized social media becomes one of the central topics at the Buidl Asia event held in South Korea, Cointelegraph spoke with Ethereum Name Service (ENS) developer Makoto Inoue onlineto find out more about Web3 social media, its potential to replace Web2 and the roles of ENS and the metaverse in this new social media
Try to get your head around the magnitude of American power in 1955. The US had set up Bretton Woods and Nato. It had revived Japan and western Europe. It led mass culture (Hollywood, Elvis Presley) and high art (Abstract Expressionism, Saul Bellow). It had a monstrous share of global output. It had leaders as
Prince Harry told the High Court in London on Tuesday that his civil lawsuit against Mirror Group Newspapers was intended to hold some “editors and journalists to account” as he described the effect of “incredibly invasive” articles that caused him to go into a “downward spiral”. The Duke of Sussex, the first British royal to give
The venture capital giant Sequoia Capital is splitting its China business into a separate entity amid rising tensions between Washington and Beijing. The renowned Silicon Valley firm, which made bets on fast-growing tech companies such as TikTok parent ByteDance and Alibaba, said on Tuesday it will run its Chinese business as a “completely independent” entity
European stocks fell on Tuesday as investors digested fresh data signalling a slowdown in the eurozone economy, ahead of the bloc’s monetary policy decision next week. Europe’s region-wide Stoxx 600 was down 0.1 per cent, while France’s Cac 40 fell 0.3 per cent and London’s FTSE 100 gave up 0.4 per cent, extending losses from
After weeks of Ukrainian drone strikes on Russian territory and cross-border raids — a prelude to the long-awaited counter-offensive now gathering pace — it is Russia’s turn to distract and destabilise its enemy. The destruction of the Kakhovka dam over the Dnipro river is far more than a psychological game. It will have long-lasting humanitarian