for our latest deep dive newsletters, Pro Crypto Ecosystems and Pro Deals. Complimentary access is available for a limited time.
Great example of DeFi adoption! 🙌🚀
this is cool
In bigger news, MakerDAO faces a $500M problem by holding $500M GUSD in their PSM Module. Gemini is being charged by the SEC, which is very bad news for them. If Gemini goes down, MakerDAO could face a 10% short fall in their $5B DAI reserve.
Definitively, this is a huge step for MakerDAO as it looks to continue its investment into both short-term U.S. Treasury bonds and investment-grade corporate bonds. I think this shows the increasing confidence in MakerDAO and the stability of the stablecoin market.
It is a refinancing of the mortgage debt, the loan is overcollateralized with real estate loans rated AAA+
Wonder what the KYC process looks like for this
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman job cuts begin with investment banking, global markets hit hard - sourceGoldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source familiar with the matter said. Investment Bankers are the real victims of this economy. /s But...I thought POTUS was helping this economy/inflation. Oh... they are laundering money in Ukraine instead of helping the American people. Says the King! That’s just the beginning…. Can you read between Goldman’s bottom lines
Source: Reuters - 🏆 2. / 97 Read more »
Goldman job cuts hit investment banking, global markets hard -sourceGoldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source familiar with the matter said. And the beat goes on.
Source: Reuters - 🏆 2. / 97 Read more »
Qcells Plans Largest Clean Energy Manufacturing Investment In US HistoryQcells, a division of South Korea's Hanwha Group, says it will invest $2.5 billion in two new solar panel factories in Georgia.
Source: cleantechnica - 🏆 565. / 51 Read more »
Is WWE Being Sold to Saudi Arabia’s Public Investment Fund?The sovereign wealth fund of Saudi Arabia is known as the Public Investment Fund (PIF). No No surprise. I see many connectedness. I see many walking away from their contracts, if so.
Source: snopes - 🏆 228. / 63 Read more »
Indonesia says investment talks with Tesla still ongoingNegotiations between Indonesia and Tesla are still ongoing, a senior minister said on Thursday, following a report that the U.S. automaker is nearing a preliminary deal to build production facilities with a capacity of one million units.
Source: Reuters - 🏆 2. / 97 Read more »
Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interestWill 2023 be the year of the ETF? A subsidiary of Samsung's investment arm is set to list the 'Samsung Bitcoin Futures Active ETF' on the Hong Kong stock market. BREAKING : An international operation against a massive financial crime scheme, money laundering and violations of international sanctions against Russia is currently underway in Sofia. The move comes amid a surge in interest from both the government and institutional investors in the region. Samsung & VeChain mofos going to join late. Very well than carry on.
Source: Cointelegraph - 🏆 562. / 51 Read more »