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3232Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation
https://www.digit.info/polymarket-bet-on-biden-dropping-out-rises-to-50-as-camp-david-retreat-fuels-speculation/
Sun, 30 Jun 2024 13:45:55 +0000https://www.digit.info/2024/06/30/polymarket-bet-on-biden-dropping-out-rises-to-50-as-camp-david-retreat-fuels-speculation/Read more]]>This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June 30, 2024, the probability has […]
]]>How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility
https://www.digit.info/how-the-federal-reserve-is-now-competing-with-banks-for-deposits-enter-the-reverse-repo-facility/
Tue, 04 Apr 2023 10:00:01 +0000https://www.digit.info/2023/04/04/how-the-federal-reserve-is-now-competing-with-banks-for-deposits-enter-the-reverse-repo-facility/Read more]]>The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” which has currently drawn in more than $2 trillion in deposits. According to analysts, this has affected bank deposits, as investors run to grab the higher yields it offers compared to traditional banks. The […]
]]>Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
https://www.digit.info/crypto-firm-wyre-reportedly-shuts-down-after-canceled-bolt-acquisition-ceo-claims-firm-is-just-scaling-back-operations/
Thu, 05 Jan 2023 06:30:13 +0000https://www.digit.info/2023/01/05/crypto-firm-wyre-reportedly-shuts-down-after-canceled-bolt-acquisition-ceo-claims-firm-is-just-scaling-back-operations/Read more]]>According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still operating” and is simply “scaling back.” Wyre Cryptocurrency Payments Firm Allegedly Shutting […]
]]>Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
https://www.digit.info/report-shows-crypto-news-publication-the-block-was-secretly-funded-by-bankman-frieds-alameda/
Fri, 09 Dec 2022 22:30:32 +0000https://www.digit.info/2022/12/09/report-shows-crypto-news-publication-the-block-was-secretly-funded-by-bankman-frieds-alameda/Read more]]>On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block executive Michael McCaffrey received $16 million in […]
]]>Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls
https://www.digit.info/despite-the-historical-blunders-of-price-fixing-european-commission-and-g7-pledge-to-impose-price-controls/
Wed, 07 Sep 2022 19:30:54 +0000https://www.digit.info/2022/09/07/despite-the-historical-blunders-of-price-fixing-european-commission-and-g7-pledge-to-impose-price-controls/Read more]]>With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin disrupted the European Union’s main gas supplies. Now members of the European Commission […]
]]>US Lawmakers Float the Idea of Minting a Trillion-Dollar Platinum Coin to Avoid Sovereign Debt Crisis
https://www.digit.info/us-lawmakers-float-the-idea-of-minting-a-trillion-dollar-platinum-coin-to-avoid-sovereign-debt-crisis/
Wed, 06 Oct 2021 18:00:55 +0000https://www.digit.info/2021/10/06/us-lawmakers-float-the-idea-of-minting-a-trillion-dollar-platinum-coin-to-avoid-sovereign-debt-crisis/Read more]]>American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating […]
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June 30, 2024, the probability has […]
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The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” which has currently drawn in more than $2 trillion in deposits. According to analysts, this has affected bank deposits, as investors run to grab the higher yields it offers compared to traditional banks. The […]
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still operating” and is simply “scaling back.” Wyre Cryptocurrency Payments Firm Allegedly Shutting […]
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block executive Michael McCaffrey received $16 million in […]
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin disrupted the European Union’s main gas supplies. Now members of the European Commission […]
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating […]