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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
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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
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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.
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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.
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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.
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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.
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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.
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