Our weekly roundup of news from East Asia curates the industry’s most important developments. SUI rises to glory as Sun sets sights on it On Apr. 30, cryptocurrency exchange Binance unveiled two LaunchPools for the then-up-and-coming listing of Sui tokens. As a Layer-1 blockchain created by Mysten Labs, which in turn was founded by former
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As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value. By delivering such a coin to the
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The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in premarket trading. Paramount Global – The media company slumped 10.4% after reporting quarterly profit and revenue that missed analyst forecasts, and slashing
While builders struggle to bring new housing online, the rest of the country’s housing stock is aging. Of the approximately 124 million housing units, the ABC Collaborative counts more than 21 million single family homes that were built before 1980 that need a retrofit, spurring a huge new industry focused on energy improvements. Energy retrofits
Little St. James Island, one of the properties of financier Jeffrey Epstein, is seen in an aerial view near Charlotte Amalie, St. Thomas, U.S. Virgin Islands July 21, 2019. Marco Bello | Reuters An investment firm led by the billionaire Stephen Deckoff has bought two private islands in the U.S Virgin Islands previously owned by
Oklahoma’s state treasurer tagged three of the nation’s largest investment banks as fossil fuel industry boycotters, making them ineligible to do business, including municipal bond underwriting, with the state and local governments. Wells Fargo, JP Morgan Chase, and Bank of America are on an initial list released Wednesday of 13 financial institutions determined to be
The European Central Bank has raised interest rates by a quarter of a percentage point — less than previous increases — in a sign that eurozone borrowing costs may soon reach their peak. The ECB’s decision on Thursday, which mirrors the US Federal Reserve’s quarter-point rate rise the previous day, takes the benchmark deposit rate
Looking at the market’s choppiness and heavy supply, Columbus decided last week to push of its new money and refunding to this week, but little did officials know that the U.S. Treasury would throw a curve ball by suspending the sale of State and Local Government Series securities. City Auditor Megan Kilgore said the city’s
The Bitcoin price successfully defended the $28,000 support on May 2, but it has yet to prove the strength needed to reclaim the $29,200 level from April 30. $30K becomes crucial for Bitcoin bulls Some analysts will pin the recent downtrend on the expectation of an interest rate increase by the United States Federal Reserve
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In this article GNRC CCOI PACW Follow your favorite stocksCREATE FREE ACCOUNT general view of a Starbucks store on September 15, 2022 in Plainview, New York Bruce Bennett | Getty Images News | Getty Images Check out the companies making headlines in premarket trading. Eli Lilly — The pharmaceutical stock rose more than 5% on
Who is Josie Bellini? Crypto artist Josie Bellini is most famously identified by her iconic Bitcoin gas mask from Filter. She has become one of the most prominent NFT artists, being featured at Christie’s and on just about every NFT marketplace platform available, including SuperRare, ASync Art and Nifty Gateway. Born and raised in Chicago,
Although much of the news surrounding name, image and likeness focuses on one-off deals with national brands and lots of zeroes, the lasting impact of NIL will be how it changes a student athlete’s career beyond sport. After successfully running a program with BYU student athletes last year, Keller Williams is now expanding its unique
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage demand from homebuyers has been erratic to say the least during the usually busy spring housing market. That is likely because today’s buyers are hypersensitive to mortgage rates, which have been fluctuating widely week to week but
Chicago will tap $53 million of a 2021 budget surplus to fund the ongoing needs of asylum seekers that have flowed into the city from Texas. The city has received some state and federal funding but it falls far short of what’s needed to address the health, food, and housing needs of migrants that Texas
A Russian spy network has acquired sensitive technology from EU companies to fuel Vladimir Putin’s war on Ukraine even after a US-led crackdown on the covert smuggling ring. The network — set up to procure goods ranging from microchips to ammunition — has managed to obtain machine tools from Germany and Finland despite US sanctions
On May 2, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Weekly Report,” which stated that the digital asset market experienced bearish sentiment for the second consecutive week, resulting in outflows totaling $72 million. The report noted that the bearish sentiment could be attributed to the probability of further interest rate hikes
The Virginia Public School Authority plans to issue $63.2 million of School Technology and Security Notes to support the state’s capital program for school rehabilitation. The five-year, tax-exempt Series XI notes are expected to be issued by competitive sale in denominations of $5,000 on or around May 9, according to the authority. The school authority anticipates
This year, the world has witnessed a surge in the popularity of artificial intelligence (AI) software, with a plethora of cutting-edge platforms such as Openai’s Chatgpt 3.5, Chatgpt 4.0, DALL-E, Stable Diffusion, and other innovative tools like Midjourney and Google’s Bard taking the internet by storm. Amidst this technological revolution, Crypto.com’s CEO Kris Marszalek recently