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Billionaire Jeffrey Gundlach, aka the “Bond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, which “would be the last increase,” he said. In addition, Gundlach cautioned: “The inflationary policy is back in play with the Federal Reserve.” Doubleline CEO Jeffrey Gundlach on Fed Rate
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A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto space, according to a press release from the team shown to Cointelegraph. Called “Proven,” the new protocol allegedly uses zero-knowledge
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Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining
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The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors. Source
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“Given their success in founding FanDuel, the team at Vault understands the power of engaged communities and the importance of consumer-friendly design,” said Placeholder VC partner Chris Burniske in a press release. “Their vision to create an open, protocol-agnostic format has the potential to transform digital music and media ownership,
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It could be argued that the utility of these liquid staking protocols would be reduced as the upgrade date approaches, the note said. The counterargument is that the utility of these protocols is not limited to only providing liquidity, but also acting as an intermediary for retail investors who would
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Without Custodia in this mix of bank-related crypto news, I’m not sure this piece of the news cycle would have anything worth paying close attention to for long. A lot of crypto is predicated on trading, gambling and “number-go-up technology” butting up against nebulous financial securities laws – so skittishness
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Cryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds managed by its subsidiary Grayscale Investments as it looks to raise capital and preserve liquidity.According to a Feb. 7 Financial Times report citing seen United States securities filings, DCG sold around a quarter of
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Organizations are using cryptocurrencies – borderless by nature – to get international aid into Turkey. Original Source
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Tolokonnikova began creating Putin’s Ashes in August, when Pussy Riot members burned an image of Russian President Vladimir Putin in a protest. Collecting the ashes from the event, Tolokonnikova bottled them to create the artwork for the NFT collection. The collection also features work by Fairey in his signature style,
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