CounterSpin interview with Mike Rispoli on funding local journalism. Janine Jackson: CounterSpin listeners understand that the news media situation in this country works against our democratic aspirations. There are so many problems crying out for open, inclusive conversation, in which those with the most power don’t get the biggest megaphone, leaving the vast majority outside of power to try and shout into the dominant noise, or try to find the space to talk around it. It’s no surprise, in that context, that conversations about how to make a different media system—differently structured, differently accountable—are among the hardest to have. But while corporate […]
Money
98 posts
Above Photo: Dia Al-Azzawi (Iraq), Sabra and Shatila Massacre, 1982–83. Two important reports were released last month, neither getting the kind of attention they deserve. On 4 April, the Intergovernmental Panel on Climate Change’s Working Group III report was published, evoking a strong reaction from the United Nations’ Secretary General António Guterres. The report, he said, ‘is a litany of broken climate promises. It is a file of shame, cataloguing the empty pledges that put us firmly on track towards an unlivable world’. At COP26, the developed countries pledged to spend a modest $100 billion for the Adaptation Fund to assist developing countries adapt to […]
Above photo: From SaveMIWater.org. When Governor Whitmer signed the bipartisan Building Michigan Together Plan, she chose to allow a $50 million subsidy to Michigan Potash Company to remain in the bill. MCWC and other concerned groups and citizens learned about this gift to a poorly conceived start-up project only days before the bill came out of the legislature for signature. We have been investigating and opposing this unnecessary and potentially destructive scheme for the last 6 years. Clearly neither the legislature nor the Governor took the time to investigate this venture before slipping it into the otherwise decent infrastructure bill. The […]
Historian Anne Morelli has summarized Arthur Ponsonby’s classic book Falsehood in War-Time as this: We do not want war. The opposite party alone is guilty of war. The enemy is inherently evil and resembles the devil. We defend a noble cause, not our own interests. The enemy commits atrocities on purpose; our mishaps are involuntary. The enemy uses forbidden weapons. We suffer small losses, those of the enemy are enormous. Recognized artists and intellectuals back our cause. Our cause is sacred. All who doubt our propaganda are traitors. h/t Bernd Neuner As an example I offer you yesterday’s Policy statement by Olaf Scholz, Chancellor of the Federal Republic of […]
Above Photo: A Baltimore City police helicopter flies over Camden Yards on April 15, 2021, in Baltimore, Maryland. All players are wearing the number 42 in honor of Jackie Robinson Day. (Mitchell Layton / Getty Images). New helicopters, more funding for strategies whose efficacy critics have questioned, and expensive payouts because of police corruption continue as Maryland’s governor claims police are being ‘defunded.’ As the omicron variant surged into the new year, pushing statewide infection rates in Maryland past 30% and sending Baltimore City residents scrambling for COVID-19 tests and N95 masks, Baltimore City spent more money on the Baltimore Police […]
More Money For Coup Groups From US Agency For International Development By Nan McCurdy, AFGJ.org. November 18, 2020 More Money For Coup Groups From US Agency For International Development2020-11-182020-11-18https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/11/nicacoup.jpg200px200px Above photo: Right wingers supporting the coup attempt. Reuters. Organizations that led the coup attempt in 2018 against the constitutional government of President Daniel Ortega, continue to receive foreign funding from the United States and some European countries. The latest information on USAID funding of the US-directed opposition was made available by journalist William Grigsby on Radio La Primerísima’s Sin Fronteras Magazine. USAID fiscal year 2021 (Oct. 1, 2020-Sept. 30, 2021) foreign […]
By Sajjad Shaukat Pak VT For years, India has been lobbying the Financial Action Task Force (FATF), an international watchdog, to blacklist Pakistan, accusing Islamabad of using the banking system to sponsor terrorism. Pakistan has been on the grey list of the FATF since June 2018. In this regard, some Western countries and particularly India have been calling on Islamabad to take action against the terror groups to avoid ‘Dark Gray’ list status of the FATF. They have long failed to do. Especially, Indian media spreads disinformation that Pakistan may be put on ‘Dark Grey’ list. Islamabad is confident to avoid […]
Describing the reveal regarding the Biden family’s alleged activities, Stear called it “the biggest political story” of his lifetime. Following the emergence of media reports about Joe Biden’s alleged involvement in the business dealings of his son Hunter during Obama’s presidency, US commentator Christopher Stear recently drew comparisons between the Biden family and a fictional mafia clan from a certain HBO series. While speaking to Sky News Australia regarding the matter, Stear remarked that “it’s a bit like the Soprano family, but probably worse”. “You’ve got Joe Biden on tape, admitting in front of an audience that he blackmailed the Ukranian […]
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds. Source link
The New York Times, whose article last month on Donald Trump’s tax filings set off a firestorm of accusations, now says there’s no evidence the president owes money to Russia, and any suggestions otherwise are conspiracy theories. David Enrich, the newspaper’s business investigations editor, detailed in an article Tuesday some of the rumors that have been lobbed around by Democrats since the Times reported that Trump has $421 million in personally guaranteed debt. Some of the theories involve Germany’s Deutsche Bank making loans to Trump because they were backstopped by Russians. Also on rt.com Read the New York Times’ ‘scoop’ on […]
Ten years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth. The weaknesses of our society laid bare, people were freed to think differently about the social contract. Conversations around the function of money and who controlled its minting began, triggered by the unprecedented money printing provoked by the pandemic. Yoni Assia is the founder and CEO of eToro, the world’s largest social investment network, and the Founder of GoodDollar.org, a non-profit to enable basic income via blockchain technologies. This post […]
Payments company Square’s announcement that it would put some $50 million, or 1% of its assets, into bitcoin has touched off speculation that more corporations might do the same. Jack Dorsey, the Twitter CEO who also helms Square, is a longtime bitcoin bull, so it wasn’t a huge surprise his company would put some of its corporate liquidity into the cryptocurrency. He’s following the path of MicroStrategy CEO Michael Saylor, who has invested at least $425 million of the company’s assets in bitcoin. None other than Changpeng “CZ” Zhao, CEO of Binance, the world’s largest cryptocurrency exchange, tweeted a question: “Who’s going to be the […]
The Money Reimagined Podcast After reading this newsletter, make sure you check out the latest edition of our podcast. This week, Sheila Warren and I talk to Hyperledger Executive Director Brian Behlendorf about self-sovereign identity, the topic of the column below. A developer whose three-decade career has seen him deeply involved in efforts to foster a more open internet, Brian grasps, like few others, the nuances of how human beings should live within a rapidly changing digital economy. Getting internet identity right, 30 years on We tend to think of governments, with the data they collect on births, drivers licenses, tax […]
Missile Defense Has Bipartisan Support Even Though It Wastes Money By Subrata Ghoshroy, Bulletin of Atomic Scientists. October 6, 2020 Missile Defense Has Bipartisan Support Even Though It Wastes Money2020-10-062020-10-06https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/10/missile-e1602009277137.jpg200px200px Above photo: The Nike Zeus antiballistic missile system, developed in the 1950s and 1960s, was designed to defend against a Soviet nuclear attack against the US mainland. It was never deployed. Public domain. The program to develop a missile defense system to protect the United States mainland has existed in one form or another for nearly six decades. Though it was controversial from the beginning and faced nearly unsurmountable technical challenges, […]
In the year 2030, if we do this right, money, the foundation of our economy and civilization will be unrecognizable. As a society we have grown so accustomed to the status quo of today’s money – fiat currencies issued and controlled by governments and central banks – that we forget money periodically goes through a great upheaval. We are on the brink of one of these moments. Money, one of humanity’s greatest and most enduring creations, is becoming digital. The next decade of innovation will prove decisive as state powers, global corporations and an increasingly assertive digital civil society vie for […]
https://cdn1.img.sputniknews.com/img/07e4/0a/03/1080652941_0:0:2500:1408_1200x675_80_0_0_e4a06f45827b69f733adba89c290b4f0.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/society/202010031080652976-sex-pistols-star-lauds-trumps-ability-to-put-money-in-peoples-pockets-as-potus-gets-covid-19/ Having described how Trump’s actions affect the situation in the United States, Lyndon remarked that he doesn’t care “how many scandals” the POTUS is “involved with”. John Lydon, famous English musician and Sex Pistols’ lead singer, recently offered a positive assessment of Donald Trump’s conduct as President of the United States, the Daily Mail reports. According to the newspaper, the singer argued that Trump helped improve American citizens’ well-being while tackling unemployment in the country. “He can lie all day long, but if he puts money in people’s pockets, which he does, and unemployment […]
Undercover videos published by Project Veritas over the weekend allege, citing a Somali political operative, that special ballot harvesters were hired in the community in July for the Democrats to take advantage of elderly and other vulnerable community members. The politicians named in the allegations have denied them. Minneapolis police have started investigating reports of voter fraud after an undercover video emerged allegedly featuring associates of Congresswoman Ilhan Omar collecting absentee ballots. As part of investigative reports by conservative media outlet Project Veritas, its founder James O’Keefe claimed that in a blatantly illegal move, Omar’s supporters “harvested” ballots, with city resident […]
Donald Trump is looting America! pic.twitter.com/ZuQUw7956U — MeidasTouch.com (@MeidasTouch) September 28, 2020 Trump is a fraud #TrumpTaxReturns pic.twitter.com/AOhJeQqYbt — MeidasTouch.com (@MeidasTouch) September 28, 2020 Looks like @IvankaTrump will be going to jail for a very long time. #ByeIvanka pic.twitter.com/W4aG9BPacW — MeidasTouch.com (@MeidasTouch) September 28, 2020 https://twitter.com/MeidasTouch/status/1310591272957087744?s=20 VT Editors is a General Posting account managed by Jim W. Dean and Gordon Duff. All content herein is owned and copyrighted by Jim W. Dean and Gordon Duff ATTENTION READERS Due to the nature of independent content, VT cannot guarantee content validity.We ask you to Read Our Content Policy so a clear comprehension of […]
Before we get into this week’s column, an announcement, one I’m super excited about. Today, we’re simultaneously launching a new podcast under the same name as this newsletter: CoinDesk’s Money Reimagined. Like the newsletter, it’s a conversation around the technological, political and social forces reshaping our financial system. For each show, I’ll be joined by the tremendous Sheila Warren, blockchain lead at the World Economic Forum, as we sit down with insightful guests from around the world. Below you’ll find links to the first show which you can use to subscribe with your preferred podcast player. In it, we dive more […]
https://www.bitchute.com/video/9pUq3FXLaifk/ Dr. David Martin founded M·CAM® in 1998 and has served as its CEO and Chairman since that time. M·CAM® has been an international intangible asset underwriter and analyst firm spanning work in innovation finance, trade, and intangible asset finance. Dr. Martin is the developer of several innovation-based quantitative indices of public equities and is the Founder of the Purple Bridge Funds. He managed the Innovation Alpha ETFs (NYSE:INAU; NYSE:INAG; and NYSE:TWAR). He is the creator of the public equity index – the CNBC IQ100 powered by M·CAM® which now is reported as a leading economic indicator for the U.S. […]
The massive leak of suspicious activity reports shows how banks let the government know about likely money laundering, then go right on providing services. The FinCEN Files are a leaked cache of suspicious activity reports filed by banks with the U.S .Financial Crimes Enforcement Network. The more than 2,000 files, representing $2 trillion in transactions, were leaked to BuzzFeed News more than a year ago. BuzzFeed, in turn, shared them with the International Consortium of Investigative Journalists, who then helped distribute them to 108 publications in 88 countries. This episode provides an overview of the leaks and explains why they show […]
BITCHUTE (STEELE CENSORED BY YOUTUBE: https://www.bitchute.com/video/JLPB88zjwi8g/ Connect with Robert at https://robertdavidsteele.com See the tag cloud and free online chapters at https://pedoempire.org Study Wall Street crime at https://stopnakedshortselling.org Robert David Steele is the conceptualizer of integrated election reform (#UNRIG) and the integration of holistic analytics, true cost economics, and Open Source Everything Engineering (OSEE) such that we can achieve a prosperous world at peace at 10-20% the cost of the failed Western economic model burdened by banks and lawyers. A former US spy and co-founder of the Marine Corps Intelligence Activity, he is today the Chief Enabling Officer (CeO) of Earth Intelligence […]
Haunting red skies, a mounting death toll and a giant swath of smoldering devastation across 12 western U.S. states compels us to talk this week about climate change and what it means for the cryptocurrency industry. Because, whether you like it or not, both of those things are not going away. Sadly, the overlap between people working in crypto and people working to contain climate change is small. But the reality is that the future of cryptocurrencies and the future of our planet’s climate are closely intertwined. Climate change is a global problem that transcends borders, yet as Californians and Oregonians […]
YouTube The people behind the Guinness World Records used to make money by, well, selling books. But with the rise of the Internet came a decline in book sales, and so they had to create a new business model — selling publicity. This is the story of how Guinness (yeah, like the brewery) got into the business of record-breaking, and how one Planet Money intern broke a world record involving the president of Georgia, the former Soviet republic. Listen to the original Planet Money podcast episode here! And while you’re at it, follow us on TikTok, and subscribe to our video […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009161080480954-trump-says-no-legal-way-to-ensure-money-from-tiktok-deal-goes-to-us-government/ Source link
For Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else. In September of 2020, with hundreds of millions of broadband-connected homes using global video-conferencing services like Zoom and with remote work the norm for white-collar workers everywhere, we might believe distance is now a non-issue – not just for Aussies but for anyone. In the COVID-19 era, geography seems irrelevant. But while the internet has removed location as a constraint on communication and leveled the playing field for building […]
Hedge fund manager Arca is stepping up its campaign to overhaul Gnosis, claiming the decentralized exchange and prediction market platform has deviated from its original mission. The post describes Gnosis’ $12.5 million 2017 token sale (which valued the project at $300 million) as an “interest-free loan.” After borrowing the money, the team “failed to deliver the products laid out in its fundraising whitepaper,” Arca contends. The products Gnosis created generate value only for its management, Arca claims. In that article, Köppelmann is quoted as saying Gnosis “had already been working on an alternative path for the GNO token, which we think […]
Whether the U.S. government likes it or not, the world is demanding crypto-dollars and the private market is ready to supply them. In it, Carter argues that rather than fight the tide, the U.S. government should accept and take advantage of its unique position in the emerging world of global crypto monies. Source link
US’ Theft Of Syrian Oil Has Very Little To Do With Money By Steven Chovanec, Mintpress News. September 4, 2020 US’ Theft Of Syrian Oil Has Very Little To Do With Money2020-09-042020-09-04https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/09/ap_19299638952988_edited-e1599260361586.jpg200px200px Above photo: A US military convoy drives the he town of Qamishli, north Syria, by a poster showing Syrain President Bashar Aassad, Oct. 26. 2019.Baderkhan Ahmad | AP. To Capture and Subdue. Years of US support to Al-Qaeda and ISIS and efforts to effect regime change in the country have culminated in the theft of Syria’s oil, but is that really America’s coup de gras in Syria? Near the end […]
https://cdn1.img.sputniknews.com/img/07e4/09/04/1080370900_0:0:3217:1809_1200x675_80_0_0_8e52657137f1fad2888b13254d051aa6.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009041080370931-trump-says-willing-to-use-300-billion-of-unspent-money-for-covid-19-stimulus/ WASHINGTON (Sputnik) – US President Donald Trump said he wants to release an unspent $300 billion to use for coronavirus financial relief if Congress approves the plan. “We have $300 billion in an account that we didn’t use. I would be willing to release it, subject to Congress, and use that as stimulus money, and it will go right to the American people”, Trump said in a press briefing on Friday. According to Trump, the money is “sitting” in an account that the government ended up not needing because of the positive economic indicators. […]
Most people would be happy to have World Wide Web creator Sir Tim Berners-Lee’s wealth, which is reportedly somewhere between $10 million and $60 million. Yet, Berners-Lee’s net worth pales into insignificance against that of Amazon founder Jeff Bezos, who last week became the first person ever to be worth more than $200 billion. There’s something wrong with this picture. The inventor of an information system that transformed the world has earned from it a tiny sliver – no more than 0.03% – of that which has flowed to someone who controls one of that system’s 2 billion websites. Amazon.com has […]
Discover, one of the largest US credit card issuers, has blocked donations to GiveSendGo, a crowdfunding site where supporters of Kenosha, Wisconsin, shooter Kyle Rittenhouse have raised nearly $400,000 for his legal defense. The financial services company said it terminated payments to GiveSendGo for violating its operating regulations, Forbes reported Thursday. Discover declined to say what regulations the Christian fund-raising site violated, saying it “makes no judgment about customers’ use of their funds” and that as a payment processor, it terminates acceptance only in cases where merchants violate its regulations. Rittenhouse’s legal defense fund had raised more than $398,000 on GiveSendGo, […]
https://cdn1.img.sputniknews.com/img/07e4/09/03/1080360670_0:0:1201:676_1200x675_80_0_0_408e5812b5a8a4f38e9d7146ee3c6cdb.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/videoclub/202009031080360701-teamwork-makes-the-dream-work-smart-ape-helps-human-friend/ We all need a little bit of help from our friends sometimes. Luckily, our animal pals are there to lend a helping hand on occasion. Footage shared on Twitter captures a chimpanzee and his human friend out on a stroll, walking hand-in-hand as the primate leads the way forward. When it is time for them to climb up to the second floor of their tree house, the considerate simian is more than happy to help up his human companion. To top it all off, the smart ape proceeds to fist-bump his pal. What a […]
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. The Federal Reserve has just announced a change to its inflation targeting regime. Instead of shooting to hit 2% every year, it will aim to achieve 2% “on average” over an unspecified period of time. So, if inflation runs below target in 2020 and 2021 because of a pandemic-induced recession, the Fed might allow inflation to rise above […]
The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime. Source link
On a late afternoon in March, a large military aircraft bearing the Russian Federation insignia descended into John F. Kennedy International Airport in New York City. Its mission: to deliver personal protective equipment and ventilators to nearby hospitals scrambling to treat patients during the peak of the coronavirus pandemic. Gov. Andrew Cuomo had pleaded for weeks with the federal government for additional resources, particularly ventilators, to treat the thousands of COVID-19 patients across the state. Yet news of the Russian delivery surprised those in the governor’s office working to obtain additional medical equipment. They’d thought the ventilator support would come from […]
Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country’s finance minister told parliament. Unless oil prices rise, the money being used now, withdrawals from the General Reserve Fund, will simply be depleted, Middle East Monitor reports, citing the official, Barak Al-Sheeran. Kuwait’s budget deficit hit $18.44 billion in fiscal 2019-2020, which ended in March. The deficit will widen this fiscal year on the back of the oil price collapse and the pandemic, potentially reaching $45.78 billion (14 billion dinars). This is up from a previous deficit […]
To foretell the future of decentralized finance (DeFi), the exploding new field in which decentralized governance protocols set and execute the terms for lending, borrowing and stablecoin issuance, one should look to the past. Specifically, look to Wall Street’s past. By some measures, DeFi is nothing new. It extends a four-decade cycle of ever-more sophisticated financial engineering – from junk bond financing to collateralized debt obligations to algorithmic trading. These waves of technological evolution have delivered spectacular profits to some, giant losses to others and lasting change to Wall Street, albeit while strengthening its large financial institutions’ dominance of our economy. […]
Federal prosecutors allege Uber’s former head of security organized a cover-up of a massive data breach. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images Federal prosecutors allege Uber’s former head of security organized a cover-up of a massive data breach. Justin Sullivan/Getty Images Federal prosecutors have charged Uber’s former chief security officer with covering up a massive 2016 data breach by arranging a $100,000 payoff to the hackers responsible for the attack. The personal data of 57 million Uber passengers and drivers was stolen in the hack. Prosecutors are charging the former executive Joe Sullivan with obstructing justice and […]
Price Point Bitcoin traded slightly higher early Thursday at $11,772 after falling for two straight days. The largest cryptocurrency by market capitalization has declined 1.3% this week as the U.S. dollar strengthened in foreign exchange markets. The greenback gained support Wednesday as the Federal Reserve said it wasn’t immediately planning to implement a “yield curve control” program that probably would have brought an accelerated pace of money printing. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in […]
Beware scammers. Legitimate contact tracers will never ask you for any sort of payment or seek other financial information or your Social Security number. Karl Tapales/Getty Images hide caption toggle caption Karl Tapales/Getty Images Beware scammers. Legitimate contact tracers will never ask you for any sort of payment or seek other financial information or your Social Security number. Karl Tapales/Getty Images State officials and federal agencies warn there’s a new phone scam circulating: Some callers posing as COVID-19 contact tracers are trying to pry credit card or bank account information from unsuspecting victims. The grifters apparently are taking advantage of a […]
Texas regulators ordered MTI to cease and desist in July, alleging it was a crypto fraud. Source link
Price Point It’s been two steps forward, one step back for bitcoin (BTC) over the past couple months. Prices were down early Wednesday for a second straight day after pushing earlier this week past $12,000 to a new 2020 high. The price move accelerated as traders got hit with margin calls on the BitMEX exchange. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have […]
By recycling used or old rocket engines, the US Army has found a way to save up to half the money it would have spent on test rockets. After US Army rockets finish their useful lives, an increasing number of them are being given a second life – but it is an unnatural life, one in which their sole purpose is to be killed for practice. That’s right, these are zombie missiles! The real story is far less scary, however: the US Army is saving a ton of money by reusing old rocket motors to power target missiles for use in […]
New Delhi (Sputnik): The Indian government earlier placed absolute restrictions across the country to slow the spread of the COVID-19 pandemic. An unintended effect of this survival strategy has been a reported spike in loneliness and depression, with 43 percent of Indians claimed to be suffering, according to smart-tech healthcare platform GOQii. Banking on easy mode payments like Bitcoin or other cryptocurrencies, drug traffickers from Europe have flooded the Indian market with ecstasy, famously known as “happy pills” or the “rich man’s trip”. The demand for this pill has increased in the wake of the coronavirus pandemic, which has left most […]
A former vice president of a top Chinese bank has argued that digital currency should replace fiat in the nation’s financial systems. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered. The fund’s managers, Arij “Ari” Nazir and Christopher Keshian, were new to the hedge fund industry and involved in more than one fund when they started Neural Capital. Keshian told CoinDesk he has not kept in touch with Nazir since parting from Neural Capital. “Right now, I’m working on a project that is still very much under wraps,” said Keshian, declining to comment further. Nazir did not respond to requests for comment. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic […]
Michael Casey is on vacation this week. The following essay was written by Marc Hochstein, CoinDesk’s Executive Editor. Once I pried into a stranger’s affairs for no good reason at all. This happened almost 20 years ago, but the story offers an important lesson for those shaping the future of money today. My wife took a work trip to another city and I tagged along for fun. The day before her conference, we strolled around some posh neighborhood and I noticed a particularly impressive mansion. Who owns it, I wondered, scribbling down the address. You’re reading Money Reimagined, a weekly look at […]
Matt Luongo is the CEO of Thesis, a cryptocurrency venture production studio. Thesis’ first two products are Fold, a consumer payment app, and Keep, a privacy layer for public blockchains. He’s also a contributor to tBTC, which lets bitcoin holders access DeFi on Ethereum. Millennials are now the largest generation in the U.S. workforce. As we increasingly drive the world’s major economic, technological and social trends, millennials are beginning to reshape industries from entertainment to travel. It’s no surprise: From careers to fashion to music, millennials (now aged 24 to 39) are remaking the world in our own image. A common […]
Which one is the centrally managed police state? Which one is the pro-innovation jurisdiction embracing open-source technologies and decentralized governance networks? OK. I’m being a tad facetious. The reality is Chinese President Xi Jinping has severely concentrated power. In general, his government, with its Hong Kong crackdown and Uighur detention camps, has encroached upon people’s freedoms more than at any time since Mao Zedong’s rule. Also, the default assumption should be that China’s blockchain vision favors cryptographic backdoors, centralized master keys and transaction monitoring systems more than it does the permissionless, censorship-resistant ideals of those six blockchains – Ethereum, Tezos, NEO, […]
Bitcoin is a form of “money” covered under the Washington, D.C., Money Transmitters Act, a federal court said Friday, Bloomberg reported Update (July 24, 17:13 UTC): This article has been updated with a comment from Coin Center. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The Czech National Bank’s Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now. Source link
The OCC will allow banks to custody crypto, Visa has a digital currency playbook and a digital dollar is essential to America’s economic edge, said experts at a U.S. Senate hearing. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. Top shelf Digital Dollar HegemonyThe U.S. Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy conducted a hearing on “Winning the Economic Competition” between China and the U.S. on Wednesday where crypto was cited as a possible tool to maintain U.S. […]
A perfect storm of grievances has enveloped Israel just as a second coronavirus lockdown appears inevitable and Prime Minister Benjamin Netanyahu seems close to losing control of his government. Protests were held in more than 200 cities and highway junctions all across Israel on Saturday night, and on Sunday, Netanyahu said money from the late pedophile Jeffrey Epstein was funding the mounting demonstrations. Hard-liner Netanyahu heads a rickety coalition formed only in May with former rival Benny Gantz, a centrist former army chief, following a year and a half in which Israelis went to the polls three times, never giving either […]
The US’ biggest bank, JPMorgan Chase, together with other lenders, managed to take a big slice of the coronavirus relief program pie through fees, while reporting record quarterly profits. Max Keiser and Stacy Herbert discuss how the banks managed to get such a large cut of the funds, having made a fortune in the last financial crisis after the government bailed them out. Keiser, a former Wall Street stockbroker, notes that professional banks enjoy almost zero risks by using hedging strategies, but, at the end of the day, get bailouts sponsored by the “losers in retail trading.” “That’s where the capital […]
No, blockchain does not fix this. By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack. I mean the meta problem of yet more bad publicity, with the word “bitcoin” again associated with fraud and unsavory behavior, a picture that cryptocurrency advocates will again struggle to avoid. That problem will indirectly but greatly contribute to ongoing public pressure for regulatory constraint on the cryptocurrency industry, which will impede innovation in the sector and its prospects to bring positive change to a broken financial system. A related problem is that […]
While the crypto wallets associated with the scam registered over 400 transactions, the attackers seem to have made away with a relatively small haul. Source link
Mondaire Jones’ bid to succeed a powerful House Democrat in New York has him on the cusp of progressive stardom. But while he runs a campaign on pledges to combat corruption and the influence of money in politics, Jones’ team has also quietly and adeptly sidestepped major campaign-finance rules. Jones, a lawyer and activist affiliated with the progresive Working Families Party, was officially declared the winner this week in a crowded Democratic primary for the seat held by Rep. Nita Lowey, the chairwoman of the powerful House Appropriations Committee who did not seek re-election. Jones’ victory came with a helping hand […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202007121079862628-baghdad-asks-berlin-to-help-with-removal-from-eus-money-laundering-blacklist/ MOSCOW (Sputnik) – Iraqi Foreign Minister Fuad Hussein has requested his German counterpart to help remove the Middle eastern nation from the European Union’s list of countries with suspected loopholes in anti-money laundering and counter-terror financing regulations. “Foreign Minister Fuad Hussein called on his German counterpart to provide support in removing Iraq from the list of countries with a high risk of money laundering and terrorist financing,” the Iraqi ministry said in a press release. Hussein and Heiko Maas held a phone call to discuss, among other things, bilateral relations. Iraq has been on […]
On Monday, the US government published a list of small business and nonprofit organisations which had earlier received loans under the Paycheck Protection Programme as a part of the Trump administration’s coronavirus relief act. The names of some of these beneficiaries turned out to be quite surprising to the public. Three branches of the Church of Scientology became recipients of small businesses forgivable loans allocated through the Paycheck Protection Programme (PPP), in accordance with the Trump administration’s CARES Act, data published by the US Treasury revealed, as cited by the Daily Beast. The churches, located in Washington D.C., New York and […]
New Delhi (Sputnik): On Saturday, Bharatiya Janata President JP Nadda had accused Sonia Gandhi and family of conniving with China by receiving funds from the country for the Rajiv Gandhi Foundation. Allegations had come amidst the attack on Modi Government by Opposition over stand-off with China. The Indian government has set a high level committee, headed by the special director of the Enforcement Directorate, India’s economic intelligence and law enforcement agency, to investigate the funding received by three Nehru-Gandhi family linked trusts. It is suspected that these trusts had received funds in violation of various laws, like those prohibiting money laundering […]
Konstantin Ignatov has again had his sentencing date adjourned while he continues to cooperate with U. prosecutors. Source link
A new decentralized finance (DeFi) “money Lego” will allow app developers to make it possible for users to automate their transactions. Called Gelato, the protocol moved from alpha to a live and audited v1 on Ethereum’s mainnet on July 3. And, according to a blog post shared early with CoinDesk, decentralized exchange (DEX) Gnosis will be the first major platform to integrate Gelato, allowing users to swap and withdraw tokens in a “seamless Uniswap-like UX.” “It’s a network that transacts on behalf of users or even dapps themselves, based on some conditions, like price or the collateralization ratio of a debt […]
Trump Used Looted Venezuelan Public Money To Build Border Wall By Ben Norton, The Grayzone. July 3, 2020 Trump Used Looted Venezuelan Public Money To Build Border Wall2020-07-032020-07-03https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/trump-and-guaido-at-the-white-house.-from-reuters.-e1590420691625.jpg200px200px Above photo: President Donald Trump raising his thumb during his meeting with Venezuela’s opposition leader Juan Guaido at the White House in Washington, DC. Kevin Lamarque/Reuters. An estimated $24 billion of Venezuelan public money has been looted. The Trump administration has used at least $601 million of it to construct a militarized wall on the US-Mexico border. Since the United States initiated a coup attempt against Venezuela’s elected leftist government in January 2019, up to $24 […]
The Washington Redskins’ lead sponsor, FedEx, has apparently caved to corporate pressure, asking the football team to change its name after a group of investment firms and shareholders urged major funders to sever ties. FedEx, which holds rights to the team’s stadium, formally requested the Redskins to ditch their name on Thursday, days after a group of 87 investment firms and shareholders, collectively worth some $620 billion, implored FedEx and two other major NFL sponsors – Nike and PepsiCo – to cut ties with the team unless it takes on a less “offensive” name. Also on rt.com ‘It’s past time’: NFL’s […]
As Chinese police step up efforts to crack down on illegal economic activities, crypto over-the-counter (OTC) traders are being detained to assist investigations. In another sign Chinese law enforcement are targeting cryptocurrency trading, Zhao Dong – a prominent Chinese crypto OTC trader and the co-founder of crypto lending platform RenrenBit – has been held up by police in the city of Hangzhou. A rumor that Zhao had been taken away first emerged on WeChat on Thursday, after a screen capture describing his detention began circulating within the local community and was later reported by local news outlets. As the rumor drew […]
The U.S. Department of Justice (DOJ) indicted the founder of “AML Bitcoin” on money laundering and wire fraud charges. The U.S. Securities and Exchange Commission (SEC) also filed charges, alleging the AML Bitcoin team violated federal securities laws. According to a court filing dated June 22, Texas resident Rowland Marcus Andrade, the founder of the NAC Foundation, allegedly raised funds by conducting an initial coin offering for tokens representing AML Bitcoin, telling investors that the tokens would ultimately be converted into actual AML Bitcoin (which isn’t actual bitcoin). The SEC and DOJ also charged longtime DC lobbyist Jack Abramoff on conspiracy, […]
For the hundreds of thousands of Facebook users who have been targeted by ads from the Keep America Great Committee, the group probably appears to be just another pro-Trump super PAC. Indeed, its ads, and the donation pages to which they link, look like they are from the Trump campaign itself. That’s because the vast majority of them are from the Trump campaign. The Keep America Great Committee has run hundreds of paid Facebook posts via two pages on the platform, and most are verbatim copies of ads run by Trump’s re-election team. Many ads even use the same first-person pronouns, […]
As the number of bitcoin ATMs soars, one crypto analytics firm suggests they are increasingly being used to sidestep anti-money laundering (AML) controls. In its Spring report, published earlier this month, analytics company CipherTrace found bitcoin ATMs were frequently used to send funds to “high-risk exchanges” – trading platforms the company considers to be known for facilitating criminal activity and money laundering. “The percentage of funds sent to high-risk exchanges from U.S. BATMs [bitcoin ATMs] has seen exponential growth, doubling every year since 2017.” the report reads. While approximately 2% of U.S. transactions went to high-risk exchanges in 2017, that number […]
Platinum records are coming to cryptocurrency with a new integration between rapper Ja Rule and social currency startup Roll. Announced Tuesday, Billboard Hot 100 artist Ja Rule has inked a deal with Roll, an Ethereum-based protocol that allows content creators to control their own platforms using cryptocurrency’s native digital scarcity. “I’ve been following Roll and blockchain technology for a while actually on the sidelines,” Ja Rule said in a statement. “I think it’s the perfect time to partner with a company that can take blockchain technology mainstream. I see it happening in the next few years with the right partners and […]
An oil and commodities expert breaks down how the shale revolution reshaped global energy power and why oil went below $0 earlier this year. Today on the Brief: PayPal and Venmo reportedly adding crypto buying and selling Trump executive order temporarily suspends H1-B visa program Continued growth in bitcoin derivatives Our main conversation: Tracy Shuchart is an oil- and commodities-focused trader in the private equity space known for her wide-ranging insights on financial Twitter (FinTwit). In this conversation, she and NLW discuss: Why the shale revolution of the last 10 years shifted the power balance in global energy among the United States, Russia […]
The best Sundays are for long reads and deep conversations. Recently the hosts of the Let’s Talk Bitcoin! Show gathered to discuss the big picture problems facing our world which make things like Bitcoin distinctly appealing despite many inefficiencies when compared to traditional, centralized money systems. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS. The episode is sponsored by eToro.com and The Internet of Money Vol. 3 “Bitcoin is a way of achieving consensus. And consensus is a way for a bunch of people who may disagree on things to agree to a singular fact that they then […]
Whether or not the Federal Reserve eventually cuts interest rates to negative levels, it might be a case of heads: bitcoin wins, tails: bitcoin wins. So far this year, the Fed has created about $3 trillion of new money, an amount equivalent to more than 70% of the total assets created since its founding in 1913. The question now is what the Fed will do next if the economy fails to recover quickly from the devastation of the coronavirus, and markets enter a new tailspin. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts […]
Digital asset storage and transaction firm Fireblocks will start tracking cryptocurrency transactions to help enterprise clients align with anti-money laundering (AML) best practices. Announced Monday, the Fidelity-backed company is integrating with a tracing tool from crypto forensics firm Chainalysis to ensure that crypto assets transferred to or form the platform are not in conflict with AML regulations. Fireblock’s platform will leverage Chainalysis’ Know Your Transaction (KYT) product to monitor cryptos passing through it services in real time. KYT enables both institutional and retail clients to identify high-risk transactions by monitoring large volumes of crypto-related activity. The system will “automatically log AML […]
This week, the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, but the “Robinhood Rally” in equities. The stock market has long been disconnected from the underlying economy, but much of what happened this week – particularly the pumping of bankrupt company stocks – suggests that something new is afoot. In this episode, NLW breaks down three long-term trends suggested by the so-called Robinhood Rally, including: Monday | Why War Reporting Is the Right Mental Model for Today’s Media, Feat. Jake Hanrahan Tuesday | What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin Wednesday | A Vision for Digital Property Rights, Feat. Nic […]
https://cdn1.img.sputniknews.com/img/107929/27/1079292764_0:45:3072:1773_1200x675_80_0_0_5797d80251270aff3cba8d5f2cb91049.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202006131079599647-iranian-president-calls-on-south-korea-to-release-oil-money-frozen-under-us-pressure/ MOSCOW (Sputnik) – Iranian President Hassan Rouhani called on South Korea on Friday to release billions of dollars of Iran’s oil-export revenue that was blocked by Korean banks after Washington imposed sanctions on Tehran, the presidential press service said in a statement, adding that the frozen funds were needed to counter the COVID-19 pandemic. Rouhani held a telephone conversation with the head of the Central Bank of Iran (CBI), Abdolnaser Hemmati, urging him to pursue the case of freeing the Iranian assets. “South Korea’s ban on Iran’s use of central bank resources to buy […]
Project Veritas founder James O’Keefe announced Wednesday afternoon that he will be exposing where Antifa money is coming from. The footage exposing Antifa money will be released Thursday. “They name names,” O’Keefe said. Tomorrow @Project_Veritas will expose where the ANTIFA/RefuseFa money is coming from…in their own words… THEY NAME NAMES. Stay tuned…#DarkMoneyExposed pic.twitter.com/SD0Qype2FN — James O’Keefe (@JamesOKeefeIII) June 10, 2020 TRENDING: Antifa Releases List of Demands After Taking Over 6 Square Block Section in Seattle and Setting Up Armed Security Watch — List Includes Reparations and Ending Police Dept. Project Veritas has infiltrated Antifa. Project Veritas released part 3 of its […]
https://cdn1.img.sputniknews.com/img/107919/62/1079196215_0:0:3072:1728_1200x675_80_0_0_3d2ddede157d7be0a67693b05495a423.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202006101079578823-us-treasury-government-spent-3-times-as-much-money-in-may-as-it-received-in-income/ WASHINGTON (Sputnik) – The US government spent more than three times as much money in May as it received in the income of all kinds, generating a monthly deficit of almost $400 billion, the Department of the Treasury announced in a monthly report issued on Wednesday. Total government income and receipts amounted to $173.861 billion, but expenditures were more than three times as high running at $572.682 billion and generating a monthly deficit of $398.821 billion, the Treasury Department figures showed. In May, $184 billion were spent on income security, $92 billion on social […]
Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank. Prices for personal consumption expenditures are expected to climb just 1% this year, down from a December projection of 1.9%, according to the document. Inflation will average 1.5% next year and 1.7% in 2022, the officials projected. “Weaker demand and significantly lower oil prices are holding down consumer price inflation,” the Fed’s monetary-policy committee said Wednesday at the conclusion of a two-day, closed-door meeting. The Fed made no change to its […]
Editor’s note: This is an excerpt of Planet Money‘s newsletter. You can sign up here. In summer of 1967, African Americans protested, marched, and rioted in cities across the country. The unrest convinced President Lyndon Johnson to set up the Kerner Commission, which spent about six months doing research, visiting slums, and holding hearings. In 1968, they published a provocative report that civil rights leader Jesse Jackson recently called “the last attempt to address honestly and seriously the structural inequalities that plague African Americans.” “Segregation and poverty have created in the racial ghetto a destructive environment totally unknown to most white […]
New York will be shifting funds from the police to youth groups as part of reforms, Mayor Bill de Blasio announced, saying the Big Apple’s citizens “need to be reached, not policed.” “We committed to move resources from the NYPD to youth and social services as part of our City’s budget,” de Blasio wrote on Twitter amid ongoing violent protests in New York and many other US cities, provoked by the death of African American man George Floyd in police custody in Minneapolis, Minnesota in late May. “Our people need to be reached, not policed,” the mayor said, insisting that it […]
A New York Times opinion piece suggests the only true way to alleviate white guilt is to cut off family and friends unless they support anti-racism causes, either through protest or financial contributions. Author Chris Sanders is not happy about white people he knows texting him about the current unrest in the nation amidst the ongoing protests over the death of George Floyd. After ranting about his agent and publishing company pushing off a scheduled meeting for a “blackout” day in support of the demonstrations around the country and people suddenly caring about the Black Lives Matter movement in light of […]
The U.S. Securities and Exchange Commission (SEC) moved Friday to freeze the assets of a cryptocurrency mining and multilevel marketing scheme that it claimed bilked investors of $12 million. Unsealing its complaint against Utah resident Daniel F. Putnam, his businesses MMT Distributions and R & D Global and associates Angel A. Rodriguez of Utah and Jean Paul Ramirez Rico of Colombia, the SEC claimed the three had lied to investors and misappropriated their funds. The “Modern Money Team,” (MMT) as Putnam apparently called both businesses, invested in crypto mining equipment from at least July 2017 and eventually pivoted to offering investors […]
California DA’s Call For Ban On Police Union Money In Elections Of Prosecutors By Eliyahu Kamisher, The Appeal. June 5, 2020 California DA’s Call For Ban On Police Union Money In Elections Of Prosecutors2020-06-052020-06-05https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2019/11/stop-killings-by-police-protest.-credit-william-widmer-of-the-ny-times-from-eyevine-e1591363213750.jpg200px200px Above photo: Stop killings by police protest. William Widmer of the NY Times from Eyevine. San Francisco District Attorney Chesa Boudin and others say the money creates ethical conflicts when police are prosecuted for misconduct. A coalition of four current and former district attorneys called on the State Bar of California on Monday to ban law enforcement unions from funding district attorney campaigns, saying the contributions represent a conflict of […]
Garcetti Los Angeles Mayor Garcetti announced the city will be cutting approximately $150 million from the police department and transferring the funds to communities of color. What could possibly go wrong? Downtown Los Angeles has been under siege for the last several days from rioters and looters. But Garcetti and city council officials claim cutting funding to the police department will help end racism. TRENDING: WTH? NFL Great Drew Brees Attacked for Saying: “I Will Never Agree with Anybody Disrespecting the Flag of the United States of America” …Update: Forced to Apologize Deadline reported: Garcetti said he would be making commitments […]
We were meeting to talk about his recent lay-off, but as my client Jim* fought back tears, I knew we needed to talk about his dad. His dad had always been a tough cookie, dedicated to his family but not necessarily understanding of his dreamer son. Now that Jim (not his real name) had lost his job, it wasn’t just hard to look at the numbers because of what they said about how long he could pay his rent. The numbers were also saying, almost in his father’s voice, that it had been a mistake to pursue such an uncertain career […]
Doctors Demand Hospital Industry Stop Funding Dark Money Lobby Group By Jake Johnson, Commondreams. May 29, 2020 Doctors Demand Hospital Industry Stop Funding Dark Money Lobby Group2020-05-292020-05-29https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/ny-nurses-protest-for-patiens-over-profits-e1590761599424.jpg200px200px Above photo: New York City nurses and other hospital professionals protest dangerous working conditions and a change in sick leave policies during the Covid-19 pandemic on April 17, 2020. Andrew Lichtenstein/Corbis via Getty Images. Battle Covid-19, Not Blocking Medicare for All. “The AHA should immediately leave the PFAHCF and redirect that money to supporting patients and frontline healthcare workers.” A progressive organization of 23,000 physicians from across the U.S. demanded Thursday that the American Hospital Association […]
As the economic dimension of the COVID-19 crisis comes into clearer view, what have we learned about the battle for the future of money? Does the dollar reign supreme? Are within-the-system competitors like the euro or China’s digital yuan gaining ground? Does an outside the system alternative like bitcoin stand a chance? Over the last month, the “Money Reimagined” series has looked at the battle for the future of money. Episode 1 focused on the dollar and why it is simultaneously stronger and more set up to fail than ever before, setting the stage in our battle for the future of […]
This article was published originally by PassBlue, a partner of The Daily Beast which provides independent coverage of the United Nations. It was written by Irwin Arieff. A year ago, Kelly Craft was serving as Washington’s frequently absent ambassador to Canada, soon to be en route to the United Nations. Her spouse, the coal baron Joseph Craft III, was knee-deep in a Trump administration assault on federal rules aimed at safeguarding the environment, slowing climate change and protecting miners and other breathing Americans from the illnesses, injuries and deaths linked to the burning of coal. What a difference a pandemic can make. The Crafts […]
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year. In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.” President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, […]
Digital asset services firm Bequant launched a prime brokerage service for institutional clients to have easier access to liquidity, custody, lending and other products, the company announced Thursday. With several services and pools of liquidity under one roof, Bequant is able to help institutional clients trade and expand their portfolios while keeping transaction costs low. Additional services include collateral management tools, smart order routing, leveraged trade execution and over-the-counter (OTC) block trading. “We are tailored to a lot of quant [hedge funds] and our clients typically look at trading through automated strategies, arbitrage, you name it,” Bequant CEO George Zarya said. […]
Philippines delays the purchase of AH-1Z Viper or AH-64E Apache attack helicopters offered by the United States under the two Foreign Military Sales (FMS) package, according to INQUIRER.net. Philippine’s Defense Minister Delfin Lorenzana also said that the American offers are too expensive for the country. “The money allotted to buy attack helicopters is only P13 billion ($256 million),” he said. Also, the minister stressed that if the Philippines bought the American helicopters, the country could buy only one or two units. This was the reason, he said, that the Philippine military looked for other countries that can supply attack helicopters with […]
Aid groups are frustrated by a new restriction on using U.S. funds to buy personal protective equipment like masks and gloves. The U.S. says it’s a way to ensure there’s enough PPE for domestic use. (Image credit: Xinzheng/Getty Images) Source link
Charts tracking the price of bitcoin dominate six buzzing monitors in the third-floor office of a rotting, centuries-old tower block in the heart of Kiev. A pattern emerges among the shifting forms and shapes, and Brian – a 33-year-old trader who asks we use only his first name – reacts swiftly, punching his extemporaneous analysis into a chatbox on the messenger app Telegram. He has identified the distinctive downward twist of a “falling wedge formation.” To those in the know, that means: The price is going down at a diminishing rate, and should presently head moooooonwards. A succinct bulletin summarizing this prognosis […]
She’s only been in Congress for one term and already this woman has been caught in numerous scandals including immigration fraud, marrying her brother and funneling money into her lover’s consulting firm! Now we can add one more crime to the list.Via David Steinberg. Ilhan Omar asked for donations this week to help feed Minnesota Food Store. TRENDING: So Good! Kayleigh McEnany DESTROYS Liberal Hack Yamiche Alcindor and Fake News Media at Friday Presser (VIDEO) But Ilhan’s tweet was removed after the Director of the organization that runs the Minnesota Food Store tweeted out a reply — Adrienne: “I am the […]
Money futurists with a flair for central banking, take note: The Reserve Bank of New Zealand is hiring. New Zealand’s monetary authority is looking for a “Head of Money and Cash,” a new position that will, according to a May 5 job posting, be “focused on the future of money.” The new role will be a digital currency specialist who can speak to trends reshaping financial infrastructure – “online payments and digital currencies” – and provide “thought leadership around the future of cash and money.” What the job entails is up for debate, but that seems to be the point. This […]
With bitcoin more than doubling in price since “Black Thursday” nearly two months ago, nearly 85% — or 25.79 million — of addresses holding the cryptocurrency are now “in the money,” according to blockchain intelligence firm IntoTheBlock. However, the current state of the bitcoin market is warning of a post-halving price pullback. The number one cryptocurrency by market value is trading near $10,000 at press time – up nearly 160% from the low of $3,867 registered on March 12, according to CoinDesk’s Bitcoin Price. An address is said to be in the money if the current price of bitcoin is higher than […]
National Nurses United set out empty pairs of shoes for nurses who have died from COVID-19 while demonstrating across from the White House on May 7. The union is asking employers and the government to provide safe workplaces, including adequate staffing. Hospitals have been laying off and furloughing nurses due to lost revenue. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images National Nurses United set out empty pairs of shoes for nurses who have died from COVID-19 while demonstrating across from the White House on May 7. The union is asking employers and the government to provide safe workplaces, […]