The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC. In an April 11 blog post, Keep Network developer, Evandro Saturnino, outlined several changes the protocol is considering to address it’s past issues with collateralization. tBTC’s second iteration is expected to require stakers to only lock up KEEP
The fourth annual Kips Bay Decorator Show House in Palm Beach is all about color, pattern, whimsey, drama and personality. If we follow the lead of the 20 designers whose work is showcased in the 4,400 square foot Mediterranean villa located at 7417 South Flagler Drive, we will reach for saturated color, big patterns, wallpaper
The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. Today’s Crypto Billionaires List Since
Michigan-based Dykema Gossett Pllc elevated a member of its public finance practice, Jarrod Smith, to lead the 16-member team. Jarrod joined the law firm in 2016 after serving as a Michigan assistant attorney general for more than a decade. In that position, he acted as issuer’s counsel to the State of Michigan and its various
(Bloomberg) — Inside a six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space is waiting to be filled with a precious metal that usually plays second fiddle to its more lustrous sibling. The vault that’s being built by Silver Bullion Pte Ltd. will — when completed in the first half of next year
This time the debt bubble is bigger than any time in history. But not only that, this is the first time ever that a debt collapse is global… by Egon von Greyerz of Gold Switzerland Bill Hwang, the founder of the hedge fund Archegos that just lost $30 billion, probably didn’t realise when he named
Most financial advisors are keenly aware of the importance of risk, but there are few financial terms that are as poorly defined. Often, advisors use questionnaires or quantitative tools to measure a client’s risk tolerance and meet regulatory requirements, but the reliability and actual implementation of those findings vary between clients. Using risk assessment properly
US chief executives are banding together to co-ordinate their responses to contentious new voting legislation, after individual companies have come under fire for either enabling voter suppression or indulging in hypocritical “woke capitalism”. Defying pressure from Republicans to stay out of politics, scores of CEOs joined a weekend video call to discuss bills that have
Japan’s total confirmed Covid-19 cases topped 500,000 at the weekend, official data showed. Infections have spread rapidly, with cases increasing from 400,000 in early February. Vaccines remain widely unavailable in the country, which is now grappling with the emergence of more contagious variants. On May 19, for the first time since the pandemic struck, the
Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens. One Ethereum (ETH) competitor that has seen numerous projects launch with airdrops in the
This sculptural home in the Sydney suburb of Castle Cove evokes a winged creature nestled into the hillside above the bay. The distinctive shape comes from the structure’s cantilevered rooflines, which slope gently down from the edges, and its trapezoidal concrete walls. Merged with steel, glass and wood, the home feels firmly grounded in the
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on it.” Robert Kiyosaki Expects Bitcoin’s
Today’s column addresses questions about ‘switching’ from a retirement benefit to a spousal benefit, filing retroactively and then immediately suspending and what benefits might be available on records of ex spouses. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My
The Bond Dealers of America have launched an initiative to highlight projects across the country financed by municipal bonds as infrastructure discussions between lawmakers resume next week. The initiative, Infrastructure in America: Munis Since 1812, was announced Friday, as part of BDA’s Municipal Bonds for America lobbying effort. “We’re going to work with people in
Gran Colombia Gold Corp. (TSE:GCM) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Gran Colombia Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. On 31 December 2020, the CA$352m
Anyone with a sense of political sanity can no longer argue that the war on terror is separate from American domestic affairs… by Jose Nino via Mises In light of the government’s response to the January 6 storming of the Capitol, anyone with a sense of political sanity can no longer argue that the war
For investors looking for a hint as to policy-makers’ view of the economy, the Federal Reserve has come through. The central bank released the minutes of its most recent policy meeting – at which it decided not to raise interest rates or scale back on its easy-money polices – and the inside look at the
In my decade forecast, I projected that in the next recession that the deficit would climb to over $2 trillion. Clearly, that demonstrates I am an optimist. Here’s a chart I shared back in January. SOURCE: CONGRESSIONAL BUDGET OFFICE Between reduced tax revenues and increased spending, I now expect this year’s deficit will be at least
Even the simplest merger and acquisition (M&A) deals are challenging. It takes a lot for two previously independent enterprises to join forces, identify and eradicate redundancies, agree on prices and strategy, and maintain employee productivity. One financial analyst referred to the process as trying to put together a 1,000-piece puzzle, except that your right and
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second quarter of 2021 is underway, and Wall Street analysts are reviewing the stocks they cover. At the same time, concerns
Markus Söder, prime minister of Bavaria, has declared his intention to succeed Angela Merkel as German chancellor, in a move that sets the stage for a showdown with Armin Laschet, the CDU leader who has also laid claim to the top job. Söder’s move on Sunday throws the post-Merkel succession into disarray. Normally the leader
Big US companies, including Morgan Stanley, Yum Brands and PepsiCo, expanded private jet privileges for top executives last year due to the Covid-19 pandemic, new regulatory filings show. Yum Brands gave its chief executive David Gibbs authority to approve personal travel on the company’s jet for other executives, and Morgan Stanley authorised certain executives to
BlackRock CEO Larry Fink said the asset manager needs to get more assertive about improving diversity, equity and inclusion. “I judge BlackRock pretty harshly on that,” Fink said in an interview with the Harvard Business Review, which was taped last week and broadcast Thursday. He said the firm offers training and other programs to help
The equity of Ripple, the company that builds the infrastructure around XRP — the digital asset used by networks like RippleNet to process cross-border payments — is reportedly trading at $2 to $3 billion in the secondary market. Yet, the XRP holdings of Ripple, are reportedly worth $70 billion, which is many times higher than the valuation
The latest pricy purchase in Florida, one of the state’s highest, goes to Oracle co-founder Larry Ellison. He purchased this Tuscan style mansion from Gabe Hoffman, founder of Accipiter Capital Management, for $80 million or just a shave over its asking price of $79.5 million, reports the Wall Street Journal. Hoffman bought the main parcel
Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order
I understand the problem you face every day when you start working. You have an idea of how you’d like your day to go, and then you turn your computer on. Your inbox was populated overnight by bleary-eyed inbox-zero adherents pounding away in a converted closet. A couple more hours have been consumed on your
The question of whether pensions and other retirement benefits should be more prominently reported by state and local governments is a burning controversy for the Governmental Accounting Standards Board. What’s at stake is whether the public is being misled by when a governmental general fund is listed in financial statements as balanced while omitting those
This week, Silver prices rebounded from March lows, after the U.S Federal Reserve confirmed its commitment to zero rates and QE asset purchases, alongside President Biden’s massive $2.3 trillion Green Energy and Infrastructure spending plan. Similar to the $1.9 trillion stimulus plan signed only a few weeks ago – Biden’s new package will involve pumping
The cognitively declining President signed a number of Executive Orders allegedly designed to “curb gun violence” but actually designed to destroy the Second Amendment and the Bill of Rights… by Robert Wheeler via The Organic Prepper Joe Biden promised to do it and he has finally delivered. Today, the cognitively declining President of the United States