recovery

CLEO Welcomes former Binance NFT Director Ryan Horn as Global Partnerships Lead

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Time Stamp: April 16, 2024 6:00 AM - Modified On: April 16, 2024 - Published By:
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  CLEO, a pioneering RWA (real world asset) technology platform leveraging Web3 to fuse real-world impact with digital asset utility and NFTs, proudly announces the addition of Ryan Horn to its team. As the former Binance NFT Director and a recognized leader in the realms of sports, entertainment, and brand crypto strategies, Ryan will serve as a key advisor and lead for global partnerships. Launched in 2023 with its Marketing for Good proposition (rewarding a prospect’s attention for a tokenized good in the world) and having already onboarded clients such

Gome Fin Tech Announced Annual Results of 2023

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Time Stamp: April 1, 2024 1:23 PM - Modified On: April 1, 2024 - Published By:
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  Commercial Factoring Progresses Despite Stability Diversified Businesses Ready for Development HONG KONG, Mar 29, 2024 - (ACN Newswire) - Gome Finance Technology Co., Ltd.(Stock Code:628.HK,“Gome Fin Tech”or “the Company”,with its subsidiaries,the“Group”), announced its audited annual results for the year ended 31 December, 2023 (the “Reporting Period”). In 2023, the global geopolitical risks are frequent, the lack of economic recovery momentum and the widening trend of differentiation among countries are highlighted, and the risk spillover from European and US banks under the global high interest rate environment also casts a

[Mirror] A Proof of Stake Design Philosophy

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Time Stamp: February 2, 2024 10:55 AM - Modified On: February 2, 2024 - Published By:
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Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:37 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Alexandro C. Roamers and 33 Nobel Prize winners Assisi meeting

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Time Stamp: June 22, 2023 6:16 AM - Modified On: June 22, 2023 - Published By:
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For the first time in history, 33 Nobel Prize winners and the winner of the last Saint Francis Dassi Award, Alejandro G. Roamers, met to speak to humanity. On June 10, a world meeting was held in the Vatican, initiated by a fund called "Fratelli Totti". The event dealt with the human sister and sisters, its name was "Not Alone" and turned into a day of celebration and unity around the principles of the encyclopedic letter Pratli Totti: "Joining forces to build a more coordinated world". Fratelli Totti Foundation ,

Crypto Chaos

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Time Stamp: May 10, 2023 6:28 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Crypto Market Trends – BUSD Launched a Crypto Recovery Fund

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Time Stamp: April 26, 2023 7:14 AM - Modified On: April 26, 2023 - Published By:
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2023-4-6 The price volatility that has been experienced in the crypto sector since 2022 has shown the need for stablecoin issuers to hedge against their cryptocurrencies to avert potential disastrous eventualities such as implosions. Still, the market has a clear memory of the impact of the Terra USD crash on the crypto market in particular and the digital sector in general. This article discusses Binance’s initiative to introduce a recovery fund for its stablecoin Binance USD (BUSD). Binance to convert the recovery fund into a few cryptocurrencies Recently, Binance announced

GBA Business Confidence Index increment on record high

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Time Stamp: April 17, 2023 7:26 AM - Modified On: April 17, 2023 - Published By:
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Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The

Paribus: All To Play For.

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Time Stamp: March 1, 2023 12:22 AM - Modified On: March 1, 2023 - Published By:
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All To Play For While many people in crypto, especially those on YouTube, focus on technical analysis to predict market trends, we prefer to zoom out and see the broader context. While charts can be helpful, much stronger headwinds often override them. This is especially true when it comes to the present geopolitical situation. Of all the lessons learned in 2022 the most valuable one is that although there are several risk factors inherent to the crypto market itself, it’s also vulnerable to more widespread market moves. Also, due to

Cryptocurrency Predictions for 2023

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Time Stamp: February 14, 2023 12:34 PM - Modified On: February 14, 2023 - Published By:
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The first half of 2022 is considered a disastrous time for virtual currency exchanges. Bitcoin and Ethereum, the top 2 candidates in the list of virtual currencies, have fallen far from their peak in 2021. While there are waves of volatility small recently, the virtual currency market in general has stalled. No one knows for sure, and some experts say the value of cryptocurrencies could evaporate further before a sustained recovery. Bitcoin price hit many new highs in 2021 as well as catastrophic price drops and more big businesses buying.