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U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet […]Powered by WPeMatico
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]Powered by WPeMatico
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called the CF Bitcoin Interest Rate Curve (CF BIRC). Chainlink revealed the new product at Smartcon 2022 in New York City, and the newly launched CF BIRC product aims […]Powered by WPeMatico
Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank of America’s analysts led by Savita Subramanian […]Powered by WPeMatico
No need to beat yourself up if your cryptocurrency portfolio exhibited less than stellar performance in May. Even the professional traders employed by the big hedge funds active in the space have suffered double digit declines during the previous month. Also Read: Bitcoin in Brief Monday: From New York to Historic Istanbul Market Crypto Hedge […]
The post Cryptocurrency Hedge Funds Were Down 12% to 19% in May 2018 appeared first on Bitcoin News.
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“Benchmark sets new standards. We transform lives, protect the environment and generate real value and profits.” VALETTA, 17 May 2018: Benchmark, a new cryptocurrency entering into the market, will hold its Initial Token Offering (ITO) in May 2018, where it is aiming to raise approx US$30 million. The token, created by fintech experts, academics and business owners, can be used to participate in sustainable development projects worldwide, including a range of projects aimed at supporting developing communities across the globe, with the initial focus in Africa. Pieter Coetzer, CEO, Investment Banker and one of the founders of Benchmark, said: “WePowered by WPeMatico
The blockchain surveillance company Chainalysis has announced it has raised $16 million USD in a Series A funding round from the firm Benchmark. Chainalysis also reveals it will be stretching its monitoring software efforts towards the bitcoin cash network and hopes by the year-end the platform will cover ten different public blockchains. Also read: Russians […]
The post Chainalysis Raises $16Mn – Plans to Monitor Multiple Blockchains appeared first on Bitcoin News.
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