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Celo hopes to invest $340m stablecoin asset backing in rainforests |
Today the Celo blockchain announced the Climate Collective to tokenize rainforests and other similar assets. Over the next four years, it's proposing to invest as much as 40% of the Celo reserve, which underpins the Celo dollar and Euro stablecoins in tokenized rainforests. Celo's cryptocurrency has some high profile investors. |
Oct 06, 2021
by Ledger Insights - Enterprise Blockchain
Crypto News |
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Fed Chief Powell, other officials owned securities central bank bought during Covid pandemic |
(Editor's note: This story has been updated to reflect new information. Fed Chair Powell owned the municipal bonds in question in a joint account over which he had control. Due to incorrect information provided by the Federal Reserve, CNBC reported initially that Powell owned the munis in a family trust over which he had no control.) |
Sep 17, 2021
by Steve Liesman
Finance News |
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AMC Entertainment (NYSE: AMC) Short-Seller Odey Asset Management Hedge Fund Has Suffered a Massive Loss Over the Past Month |
AMC Entertainment ( NYSE:AMC), the erstwhile distressed movie theater chain that has seen a dramatic reversal in fortunes amid a mind-boggling retail-driven stock price rally, continues to inflict crippling damage on its detractors. Against this backdrop, the hedge fund Odey Asset Management has emerged as one of the most prominent casualties in recent times as AMC Entertainment shares maintain their inexorable upward trajectory. |
Sep 10, 2021
by Rohail Saleem - WCCFTech
Finance News |
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Nike now holds patent for blockchain-based sneakers called 'CryptoKicks' |
The US Patent Office has today issued sportswear brand Nike's patent for its blockchain -compatible sneakers dubbed "CrpytoKicks." The patent outlines a system whereby blockchain can be used to attach cryptographically secured digital assets to a physical product, in this case a sports shoe. |
Mar 01, 2021
by
Matthew Beedham - Hard Fork
Tech News |
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ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns |
ShapeShift, the Colorado-based cryptocurrency exchange that allows users to self-custody their assets, has delisted another privacy coin. Zcash has been removed from the trading platform in addition to monero and dash. Decrypt reported last Friday that XMR and DASH had been quietly removed; the delisting of ZEC was not noted. |
Jan 08, 2021
by
CoinDesk
Crypto News |
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BofA: Central Banks Are Buying $1.3 Billion In Assets Every Hour, Creating A "Frankenbull" Market |
One week after BofA CIO Michael Hartnett issued a "code red" for stocks after publishing a report in which he showed that while current market euphoria has surpassed dot com levels, what was going now is absolutely staggering and it's only getting crazier with each passing day and new all |
Dec 13, 2020
by
ZeroHedge
Finance News |
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Chinese Firms Dump $40 Billion In Global Assets, Turn Net Seller For First Time In Decades |
At the behest of the Communist Party leadership, Chinese conglomerates and investor groups have this year transformed from sometimes overeager spree buyers of foreign companies, real estate, and art, into net sellers of global assets for the first time since Chinese companies became big-time players on the global stage about a decade ago, the FT reports. |
Sep 24, 2019
by
Zero Hedge
World News |