Month: February 2020

As central bank digital currencies (CBDCs) march into view, a privately-run version of digital fiat is adding a key tech partner. Utility Settlement Coin (USC), the blockchain-based payments system involving commercial and central banks, will be working with ConsenSys-backed startup Adhara, CoinDesk has learned. Adhara was behind Project Khokha, which used enterprise blockchain client Quorum
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Virgin Atlantic Airways and Virgin Group founder, Sir Richard Branson. Craig Barritt Check out the companies making headlines in midday trading. Virgin Galactic — Shares of the space tourism company spiked nearly 14% as the stock’s speculative rally continued. Virgin Galactic passed Apple and Tesla as the most popular stock among retail investors, according to
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Connecticut Gov. Ned Lamont, looking to move past his stalled highway-toll initiative, called for releasing $625 million in municipal aid through a bond package he said is no longer linked to passage of a toll bill. The package had been previously tethered to the General Assembly’s passage of the electronic tolling on interstate highways. It
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Michael Casey is chief content officer at CoinDesk. The following is part of “The Token Economy,” an essay in Alex Tapscott’s new book “The Financial Services Revolution.” Blockchain technology, and the cryptocurrencies, tokens and other digital assets it has engendered, may be moving us toward a model of programmable money that incorporates an automated internal
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The best Sundays are for long reads and deep conversations. Earlier this week the Let’s Talk Bitcoin! Show gathered to discuss catalysts and CEOS in the world of blockchain projects, the organizational and organic structures of decentralization and to wonder whether crypto even needs Satoshi-like catalysts now that the fire of blockchain burns bright. On today’s podcast
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[embedded content] The 10 year Treasury is at 1.47%. The 30 year Treasury bond is at an all time low yield of 1.92%. Just deal with it. Get over it. There ain’t no yield in sight, and none is likely to show up anytime soon. The Fixed-Income markets have been flummoxed by the world’s central
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CoinDesk reporter Leigh Cuen is joined by Isaiah Jackson, author of “Bitcoin and Black America” and co-founder of KRBE Digital Assets Group, to talk about financial discrimination in the United States and the unique value bitcoin can offer minority communities. According to a survey of 5,126 Americans conducted by Coinbase and Qriously, “Twice as many
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For the third week in row, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $13.9 billion for Lipper’s fund-flows week ended February 19, 2020. Fund investors were net purchasers of taxable fixed income funds (+$7.9 billion), money market funds (+$6.3 billion), and municipal bond funds (+$1.8 billion),
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A contractor for First Solar Inc. works on construction of the Tenaska Imperial Solar Energy Center South project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images Check out the companies making headlines after the bell: Dropbox — Shares of the data services company soared 13% during extended trading after the company announced
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If you want to improve your financial know-how, there are plenty of opportunities to do so. From short online tutorials to extensive in-person bootcamps, the number of “Money 101” classes has ballooned since the Great Recession. And yet, when it comes to financial literacy, Americans are still falling far short. According to a survey by
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