Decentralized exchange Pancakeswap now offers Transak as a provider in its “buy crypto” tab, giving Pancakeswap users an additional option when shopping for crypto, according to an announcement on September 21. Mercuryo and Moonpay were previously providers for this feature, making Transak the third provider to be added. Caption: Pancakeswap buy crypto tab. Source: Pancakeswap
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Ignoring a hesitance to cut rates at the Fed, recession worries, and a federal shutdown threat, many state and local governments are still flush with revenue resulting in Indiana muni bonds being paid off early.  “We’ve defeased pretty much every bond that we can at this point,” said Zac Jackson, Indiana’s budget director, during a
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The jury is still out on San Francisco’s fiscal health, though the tech layoffs didn’t appear to be the death knell that was predicted. The city’s outlook was revised to negative by Moody’s Investors Service in July with analysts citing outyear deficits projected through 2028 and expectations it would draw on reserves in fiscal 2023
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Receive free UK interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest UK interest rates news every morning. There were two big question for economists and financial markets after the Bank of England’s meeting on Thursday. After halting the seemingly relentless rise in interest rates since December 2021, for
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Receive free Energy sector updates We’ll send you a myFT Daily Digest email rounding up the latest Energy sector news every morning. Russia has barred the export of diesel and petrol as crude oil prices rise towards $100 a barrel, marking a significant escalation that will raise fears Moscow is weaponising oil supplies in retaliation
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Fitch Ratings downgraded Pennsylvania’s Tower Health Systems after the non-profit regional healthcare system reported continued budgetary shortfalls through fiscal 2023. The rating agency on Tuesday lowered Tower’s long-term issuer rating one-notch to CCC-minus from CCC after its unaudited financial report for fiscal 2023 showed it incurred operating losses of $137 million on the year, a
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As high-speed rail project sponsors across the country compete for federal infrastructure funds, Republican lawmakers Wednesday urged U.S. transportation chief Pete Buttigieg to reject California’s request for its long-struggling project. “We should work together, you and I, to conduct a full audit of the project before any high-speed grant decisions are made,” Rep. Troy Nehls,
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Puerto Rico-based investor group Ocean Capital gained at least a partial victory against nine Puerto Rico-based investment funds holding municipal bonds, in a ruling touching on issues of disclosure, investment fund shareholder voting, and Securities and Exchange Commission regulations. The United States District Court for the District of Puerto Rico last week granted Ocean Capital’s
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Venmo, a versatile financial application, provides a range of features, including peer-to-peer (P2P) money transfers and cryptocurrency transactions. Serving as a comprehensive financial tool, Venmo enables users to seamlessly handle transactions, including the option to participate in digital currencies like Bitcoin (BTC). The app is designed to simplify financial operations and assist users in navigating
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Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development. The two protocols announced the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One on Sept .21, giving developers access to Chainlink’s solution that taps into Arbitrum’s high-throughput, low cost scaling. The
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Marieke Flament, CEO of Near Foundation, the developer of the namesake community layer-one protocol, has resigned. According to the September 21 announcement, Chris Donovan, Near Foundation’s general counsel, will replace Flament as the new CEO following the resignation. Flament gave no specific reason for her departure. Speaking on her tenure, Flament said:  “Two years ago,
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