Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi. On this special interview episode, @nlw talks with Sergey Nazarov and Kain Warwick, the founders of Chainlink and Synthetix respectively about: To see Chainlink’s newly released decentralized price feeds, visit: feeds.chain.link Disclosure Read More
Month: January 2020
Hankering for a Ferrari? Well, the only licensed stock exchange in Seychelles, an island nation in the Indian Ocean, is listing tokenized collectible cars worth over $200 million for retail and institutional investors. MERJ said Friday it is partnering with CurioInvest, a tokenization platform building on ethereum, to create tokens representing shares in “supercars” like
Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, January 7, 2020. Aly Song | Reuters Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1 billion-plus on Thursday as the company’s stock rocketed higher after its better-than-expected earnings report. Tesla popped 11.4%
One year after filing for bankruptcy, PG&E has worked out deals to borrow money and guarantee more than $25 billion in payouts to wildfire victims, insurers and local municipalities. It’s even come to terms with bondholders. As a result, its shares have skyrocketed 37 percent so far in January. Mizuho upgraded the stock this week
The Federal Reserve building is pictured on Tuesday August 6, 2019. Caroline Brehman | CQ-Roll Call Group | Getty Images The Federal Reserve‘s decision Wednesday to keep interest rates steady came as a relief to many. For good reason. Although the federal funds rate, which is what banks charge one another for short-term borrowing, is
It was a record day in the municipal market in a couple of different ways, as yields descended further to new record lows on both the 10- and 30-year and the market saw the lowest yield ever for a 100-year bond. Primary marketMorgan Stanley priced the University of Southern California’s (Aa1/AA/ / ) $320 million
Co-produced by Stanford Chemist Flaherty & Crumrine offers several funds in the preferred and fixed-income space. Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE:DFP) is one such fund that we are holding in our Income Generator portfolio at the CEF/ETF Income Laboratory. We acquired these shares with a trade alert on December 13th, 2019.
Bakkt, the highly touted cryptocurrency exchange founded by the Intercontinental Exchange, saw zero Bitcoin options traded last week as it continues its hugely underwhelming start to life. The Bitcoin futures exchange, governed by the company behind the New York Stock Exchange, was billed as a gateway for institutional investors to get in on the world
They’re definitely not equity, but could “exchange tokens” be bellwethers for one of crypto’s best use cases? (Spoiler: Probably not) Among thousands of venture-backed startups, tokens, coins, blockchains and open-source technology projects, exchange operators now stand out among the top revenue getters in the crypto asset category. Coinbase, not the largest by trading volume even
Listia is discontinuing work on the Ink protocol, a cryptocurrency built for marketplaces, CoinDesk has learned. The project was funded with a $15 million token sale for the XNK ERC-20 token, which announced results in January 2018. Listia, a used-goods marketplace, is now shifting entirely to the props network, created by Union Square Ventures–backed startup
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup is making a push for investors’ dollars with a new digital robo-adviser that’s free for customers with at least $50,000 in deposits or investments at the bank. That’s the threshold needed to qualify for
Economic growth in the final quarter of the year is expected to be on par with the third quarter’s 2.1%, but it is also likely to herald the start of a slower trend that could continue through the first half of this year. Fourth quarter growth is expected to have been 2.1%, according to Dow
Buying a home is the largest investment most people will make in their lifetime, yet many people overlook some of the basics that lead to negotiating the best deal. This can induce a realm of emotions, including fear, worry, anxiety and even remorse. The reasons are many: bidding wars ensue, processes take longer than expected,
Illinois’ persistent fiscal ills took a backseat in Gov. J.B. Pritzker’s State of the State address Wednesday to calls for ethics reforms and a recap of last year’s bipartisan passage of a budget and an infrastructure program. “Just look at what a difference a year can make,” said Pritzker, the Democrat who ousted Republican Bruce
Investment thesis Welcome to Orchid’s Gold Weekly report. We discuss gold prices through the lenses of the GraniteShares Gold Trust ETF (BAR). BAR has enjoyed stronger-than-expected upward pressure over the past week, which is essentially due to growing investor fears over the outbreak of the Coronavirus. While the net spec length in Comex gold is
British telecom giant Vodafone is the latest firm to pull out of the Libra Association, the non-profit body overseeing the Facebook-led digital coin, bringing the total number of early backers to withdraw from the project to eight. Vodafone Walks Away Both Vodafone and Libra confirmed the news last week with the departure appearing to be
Trading volumes in bitcoin options listed on the Intercontinental Exchange’s Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest. As per Bakkt’s data, not a single bitcoin options contract was traded last week on Bakkt, withactivity last registered on Jan. 17, when 20 lots had changed hands. This is
Coinbase has hired a former vice president of product at Google to be its chief product officer. Surojit Chatterjee spent 11 years at Google, where he worked on payments, adtech and commerce. He most recently led the continuing development of Google Shopping, a service available in more than 90 countries. Prior to that, he was
A customer holds boxes of 3M Co. 8247 R95 particulate respirators at a pharmacy in the Central district of Hong Kong, China, on Thursday, Jan. 23, 2020. Justin Chin | Bloomberg | Getty Images The CEO of industrial giant 3M said Tuesday that the company is increasing production of its respiratory protection products, such as
Harley-Davidson motorcycles are offered for sale at a Harley-Davidson dealership. Getty Images Check out the companies making headlines in midday trading. 3M — Shares of 3M fell 5% after the conglomerate missed Wall Street expectations on the top and bottom lines for its fourth-quarter results. 3M reported $1.95 in adjusted earnings per share and $8.111 billion
Prospective buyers and a real estate agent, center, enter a home for sale in Warren, Michigan. Daniel Acker | Bloomberg | Getty Images After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually in November, up from 3.2% in October, according to the S&P CoreLogic Case-Shiller National
Back in 2019, Bitcoin had been in the middle of a massive rally at the beginning of the year, and it seems that there might a repeat this year. In a new development that should come as a major boost to BTC investors, the cryptocurrency surged past $9,000 a token. It is believed that the
Under state orders, Flint, Michigan’s leaders will lay out a plan to address findings from a recent audit conducted by the city that revealed it has more than $370 million in unfunded pension legacy costs. The audit, which examined the city’s finances from July 1, 2018, through June 30, 2019, also found 12 material conditions,
Photo Source: REUTERS/Brendan McDermid. The Charging Bull statue, also known as the Wall St. Bull, is seen in the financial district of New York City, U.S. In 2019, U.S. fund investors continued to prefer passively managed funds over actively managed funds. Long-term actively managed funds (excluding money market funds) witnessed net outflows of $83.7 billion
The US Securities Exchange Commission (SEC) has requested the deposition of a representative from Kik, the former messaging app that now focuses on cryptocurrency, in its longstanding wrangle, which claims that the Canadian company violated securities laws when it carried out an ICO in 2017. On January 23, a judge in the Southern District of
Trading platform Uphold is now offering commission-free cryptocurrency trading, the company announced Tuesday. Following in the footsteps of companies like Schwab and TD Ameritrade that have made trading free of commissions for customers in the traditional markets. Uphold CEO JP Thieriot said the move was based on Uphold’s ability to net trades at a lower
Standard Chartered has invested an undisclosed sum into Contour, a Corda-based blockchain trade platform, to streamline transaction settlement processes. Contour, which rebranded from Voltron last week, recently tapped R3’s Asia chief Carl Wegner as CEO in the run-up to a full commercial launch of its digitized letter-of-credit (LoC) service, which it claims reduced processing time
American multinational sport clothing brand Nike store seen in Hong Kong. Budrul Chukrut | SOPA Images | Getty Images The deadly coronavirus, whose spread accelerated around the globe, is battering the stock market, and some U.S. companies are particularly vulnerable to the disease as their growth has been driven by Chinese consumers. Wall Street analysts
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020. Brendan McDermid | Reuters The Inside ETF conference is underway in Hollywood, Florida. 2,000 investment professionals have gathered to talk what’s hot, and what’s not, in investing in 2020. At a dinner last night with ETF
An employee works on a Whirlpool washing machine at the company’s operations plant in Clyde, Ohio. Daniel Acker | Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Whirlpool Corporation – Whirlpool stock briefly rose in extended trading on Monday before returning to the closing price of $148.23 after
- 1
- 2
- 3
- …
- 9
- Next Page »