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Riot Blockchain initiated with a Buy at B. Riley

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 25th, 2021

Liz Cheney says GOP lawmakers in the House and Senate have cheered her on privately in her fight against Trump

Cheney explained that lawmakers are refusing to speak up against Trump publicly for fear of being in "political peril" during an appearance on "60 Minutes." Wyoming lawmaker Liz Cheney said to CBS "60 Minutes" host Lesley Stahl that "a lot" of lawmakers - both int he House and Senate - have privately cheered her on in her fight against Trump. Tom Williams/CQ-Roll Call via Getty Images Cheney said on CBS' "60 Minutes" that "a lot" of House and Senate lawmakers have encouraged her privately. She said GOP lawmakers will not speak up against Trump publicly for fear of being in "political peril." Cheney added that she is not ready to cede the GOP to "the voices of extremism." See more stories on Insider's business page. Wyoming lawmaker Liz Cheney said many GOP lawmakers in the House and Senate have approached her privately and cheered her on in her fight against former President Donald Trump. Appearing on "60 Minutes" with CBS host Lesley Stahl, Cheney said she had received encouragement from "a lot" of GOP lawmakers. "Have members of Congress, Republicans, come up to you privately and whispered in your ear, 'Way to go, Liz,' and encouraged you, but won't come forward and say that publicly?" Stahl asked Cheney. "The argument that you often hear is that if you do something that is perceived as against Trump that, you know, you'll put yourself in political peril," Cheney told Stahl. "And that's a self-fulfilling prophesy because if Republican leaders don't stand up and condemn what happened then, the voices in the party that are so dangerous will only get louder and stronger."In the same interview, Cheney called the former president "dangerous" and said she was standing up to him because she wanted to "fight for the GOP" because she still believed in it."I am not ready to cede the Republican party," Cheney said. "And I'm not ready to cede it to the voices of extremism, to the voices of antisemitism, and the voices of racism, and there certainly are some in our party." Cheney and Trump have locked horns repeatedly after she voted for him to be impeached following the January 6 Capitol riot, breaking with the GOP's party line. She has also been under fire for accepting House Speaker Nancy Pelosi's offer to join the House committee investigating the January 6 Capitol riot.Cheney's vocal opposition to the former president has resulted in the GOP voting to oust her from her leadership position. Trump has also gone after Cheney, branding her a "Republican-in-name-only" (or RINO) and attacking her repeatedly in his statements and speeches. This month, he endorsed one of her challengers for her House seat, Wyoming attorney Harriet Hageman. Meanwhile, Cheney is raising a record amount of funds for her re-election bid and has been supported by former President George W. Bush and Senate Minority Leader Mitch McConnell. Bush's backing of Cheney, however, has not come without reprisal from Trump. Last week, the Trump camp emailed a meme to his supporters of Cheney and Bush's faces morphed together. Trump sent the meme a day after releasing a statement criticizing Bush for having "a failed and uninspiring presidency."Read the original article on Business Insider.....»»

Category: worldSource: nyt3 hr. 14 min. ago

Central Bank Digital Currencies: A Future of Surveillance And Control

Central Bank Digital Currencies: A Future of Surveillance And Control Submitted by Ronan Manly, BullionStar.com One of the most potentially far-reaching trends in the financial landscape right now is the imminent roll-out of Central Bank Digital Currencies (CBDCs), and the parallel attacks which central bankers are waging on private digital currencies and tokens as they tee up the launch of their CBDCs. First some clarifications. While the majority of central bank issued currencies (fiat currencies) in existence around the world are already in digital form, a fiat currency held in digital form is not the same as a Central Bank Digital Currency (CBDC). What is a CBDC? A CBDC generally refers to electronic or virtual central bank (fiat) money that is created in the form of digital tokens or account balances which are digital claims on the central bank. CBDCs will be issued by central banks and will be legal tender. Many CBDCs that are being researched and developed employ Distributed Ledger Technology (DLT), with the recording of transactions on a blockchain.  However unlike private cryptocurrencies which use a permissionless and open design, CBDCs that use DLT will use permissioned variants (deciding who has access to the network and who can view and update records in the ledger). See here for a discussion of permissionless vs permissioned blockchains. CBDCs - The antithesis to decentralized private cryptocurrencies and tokens Critically, as the name suggests, CBDCs will be centralized and governed by the issuing authority (i.e. a central bank). So, in their design and structure, CBDCs can be viewed as the very antithesis to decentralized private cryptocurrencies and tokens. Central banks have already working on two types of CBDCs, ‘wholesale’ digital tokens that would have access restricted to banks and financial entities to be used for activities like interbank payments and wholesale market transactions, and ‘general purpose’ (retail) CBDC for the general public to be used in retail transactions. It is this ‘general purpose’ CBDC which most people are referring to when they discuss central bank digital currencies, and it is these ‘general purpose’ CBDCs that will be most important to watch when  central banks and governments begin to attempt their roll-outs to distribute CBDCs to billions of people across the world either through account-based CBDCs or ‘digital cash’ tokens. As you can guess, account-based CBDCs will be tied to user identities and Digital IDs, and straight off the bat they allow for total surveillance by the State and torpedo any chance of anonymity. For this reason, they are already a favourite among central banks. Given that CBDCs will be centralized ledgers and can be programmable, the ‘digital cash’ token option is not much better in terms of privacy and freedom. The Bank for International Settlements - The Dark Tower of Basel Many central banks will probably opt for a hybrid model of both account-based and token based digital cash. As an example, Canada, the one time liberal democracy, perhaps illustrates the account-based vs token based choices best, where Canada’s central bank, the Bank of Canada, in it’s design documentation for CBDCs shows that at the end of the day, it's about surveillance and control, saying that: “anonymous token-based options would be allowable for smaller payments, while account-based access would be required for larger purchases.” Central banks are also experimenting with various models for distribution of CBDCs to the masses, including using private commercial banks and payment providers who will intermediate on the central banks’ behalf, and also direct distribution of payments by a central bank to a population. Either way, you can see that CBDCs greatly facilitate the statists to advance their Orwellian plans for Universal Basic Income (UBI) and dependency on the state.    Accelerating rollout CBDCs are not just a buzzword or a hazy innovation that may appear sometime in the distant future. They are actively being developed now, and in widespread fashion. In January 2020, the Bank for International Settlements (BIS) issued the results of a survey on CBDCs that it had conducted in the second half of 2019, and to which 66 central banks had responded. Strikingly, 10% of central bank respondents (which represented a fifth of the world’s population) said that they were likely to issue a ‘general purpose’ CBDC (for the general public) in the near future (within the next 3 years). Another 20% of central bank respondents said they would likely issue a ‘general purpose’ CBDC in the medium term (within 6 years). In August 2020, the BIS published a comprehensive working paper on CBDCs titled “Rise of the central bank digital currencies: drivers, approaches and technologies” one part of which analysed the BIS database of central banker speeches and found that between December 2013 and May 2020, there had been 138 central banker speeches mentioning CBDCs, with a dramatic increase in CBDC related speeches since 2016, a timeframe which coincided with central banks launching research projects on CBDCs. The same BIS report also highlighted that, (totally coincidentally) the Covid-19 'pandemic'  "accelerated work on CBDCs in some jurisdictions."  BIS slide on CBDC global project status - August 2021. Source. Fast forward to right now, and on the website of the globalist Atlantic Council (headquartered in Washington D.C.), there is an interesting Central Bank Digital Currency Tracker which lists all the countries that have either launched or piloted a CBDC or are developing or researching a CBDC. Here we find that 5 central banks have already launched a CBDC, 14 have a CBDC in pilot, 16 have a CBDC in development, and another 32 central banks are at the research stage with their CBDC. That makes 67 central banks (countries in total). While the 5 currency areas that have already launched a CBDC are all islands in the Caribbean, the central banks at the pilot stage include heavy weights such as China, South Korea, Thailand, Saudi Arabia and Sweden.   Those at the development stage include the central banks of Canada, Russia, Brazil, Turkey, France and Nigeria. Those at the research stage include the central banks of the US, UK, Australia, Norway, India, Pakistan and Indonesia. So as you can see, this is not some theoretical issue. Centrally controlled digital currencies are coming down the pipe in a big way, and some will be appearing, if not imminently, then very soon. And given the ease with which governments have imposed lockdowns and restrictions on their compliant populations during 2020 and 2021, it is not hard to envisage that these same pliable masses will be easily influenced to embrace CBDCs as being in their 'best interests'. BIS Switzerland - The Usual Suspect    In fact, one third of the entire BIS annual report 2021 is focused on CBDCs in a section titled “CBDCs: an opportunity for the monetary system”. Here, the BIS predictably trumpets the benefits of introducing central bank issued centralized digital currencies while at the same time attempting to undermine private cryptocurrencies. The BIS wording reveals the fact that central banks are in panic over the competitive threat of private cryptos and have accelerated the development of CBDCs partially due to this fear, with the BIS stating that: “Central bank interest in CBDCs comes at a critical time. Several recent developments have placed a number of potential innovations involving digital currencies high on the agenda. The first of these is the growing attention received by Bitcoin and other cryptocurrencies; the second is the debate on stablecoins; and the third is the entry of large technology firms (big techs) into payment services and financial services more generally.” The BIS then attempts to dismiss each of these 3 threats: Cryptocurrencies, claims the BIS “are speculative assets rather than money, and in many cases are used to facilitate money laundering, ransomware attacks and other financial crimes”. Bitcoin comes in for some special mention with the BIS saying that “Bitcoin in particular has few redeeming public interest attributes when also considering its wasteful energy footprint’. Stablecoins, says the BIS “attempt to import credibility by being backed by real currencies” that are “ultimately only an appendage to the conventional monetary system and not a game changer.” The entry of large tech firms that dominate social networks, search, messaging, and e-commerce into the realm of financial services and payments provision infrastructure seems to especially bother the BIS, and it spins it’s criticism into the argument that although these platforms have large network affects, this creates “further concentration” in the market for payments. The irony is not lost on the fact that it’s the BIS, as the central bank of central banks and one of the most concentrated power centres in the world, that is criticizing others’ “concentration” of power.   Throughout this CBDC pitch, the BIS report refers at numerous points that digital currencies should be “in the public interest”, which really means that digital currencies should be controlled by the BIS and its central bank members, as well as perpetuate their centralized monetary power structure. The BIS even has the gall to claim that CBDCs should respect privacy rights, when in fact the whole architecture, rationale and design of central bank digital currencies will allow central banks and national authorities to invade totally on privacy rights.  But sometimes the BIS let's it's guard down, and reveals it's authoritarian plans for CBDCs. A case in point is a recent interview with Agustín Carstens general manager of the BIS, where he chillingly said:  "We don’t know who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.” See video segment below for Carstens' remarks: Singing from the Same Song Sheet With the BIS is Basel Switzerland as the conductor and orchestrator, it's not surprising that central bank governors and country heads are now singing from the same song sheet, the song being ‘private digital currencies bad, central bank digital currencies good’. Earlier this month (September 2021) at a banking conference in Stockholm, the governor of Sweden’s central bank (Riksbank), Stefan Ingves, commented that ‘private money usually collapses sooner or later’, while conveniently failing to mention the hundreds of government and central bank issued paper currencies that have collapsed throughout history due to overprinting, depreciation and hyperinflation. Nor did Ingves mention Voltaire’s famous quote that “Paper money eventually returns to its intrinsic value - zero”. Ingves, whose country is one of the leaders in promoting a cashless society, also took a derogatory swipe at Bitcoin saying “sure, you can get rich by trading in bitcoin, but it’s comparable to trading in stamps.” All the while the Riksbank is pushing ahead with it’s central bank digital currency, called the e-krona, a CBDC which uses distributed ledger technology, and which the Swedish central bank is currently testing in conjunction with Handelsbanken, one of Sweden’s largest retail banks. In the same week as Ingves’s comments in Sweden, the governor of Mexico’s central bank, Alejandro Diaz de Leon, was also taking a shot at private cryptocurrencies and for good measure he also put the boot into precious metals. Diaz de Leon said that Bitcoin is more like a method of barter than ‘evolved’ fiat money, and continued “in our times, money has evolved to be fiat money issued by central banks. Bitcoin is more like a dimension of precious metals than daily legal tender.” That comment, which attacks two birds with one stone (crypto and precious metals), will definitely please his central bank governor colleagues at thee BIS, and may even earn Diaz de Leon a nomination as the next BIS general manager, to succeed his fellow countryman Agustín Carstens.    Speaking of the BIS, Benoit Coeure, head of the BIS Innovation Hub, also gave a WEF style speech about CBDCs in early September, acknowledging the convenient catalyst of the covid 'pandemic', and the accelerated development of CBDCs by central banks:  "the world is not returning to the old normal. Payments are a case in point. The pandemic has accelerated a longer-running move to digital .... the world's central banks are stepping up efforts to prepare the ground for digital cash – central bank digital currency (CBDC): "A CBDC's goal is ultimately to preserve the best elements of our current systems while still allowing a safe space for tomorrow's innovation. To do so, central banks have to act while the current system is still in place – and to act now." Turkey’s president, Recep Tayyip Erdoğan, also recently joined in the attack on private digital currencies, while simultaneously promoting Turkey’s CBDC. At an event on 18 September, the Turkish president stated that:  “we have absolutely no intention of embracing cryptocurrencies” “on the contrary, we have a separate war, a separate fight against them. We would never lend support to [cryptocurrencies]. Because we will move forward with our own currency that has its own identity.” PBOC SAYS ALL CRYPTO-RELATED TRANSACTIONS ARE ILLEGAL So the digital yuan is a complete disaster eh? — zerohedge (@zerohedge) September 24, 2021 China: Digital Yuan - An Ominous Blueprint  A huge red flag over CBDCs and user privacy is that these central bank digital currencies are programmable, as details on China’s ‘Digital Yuan’ already show. For example, the Digital Yuan can be programmed to be activated on a certain date, programmed to expire on a certain date, programmed to be only valid for certain purchases, and ominously, programmed to be only available to citizens who meet certain pre-conditions. As a potential blueprint for other CBDCs, people across the world need to sit up and take notice, because the issuing authorities of these CBDCs coming down the pipe can therefore decide who gets access to CBDCs, what they can transact using those currencies, and how long the purchasing power remains valid. Central Banks can thus influence and control the behaviour of the recipients of this centralised digital cash,  as well as exclude those who they want to penalize or who don’t comply with the State's rules or parameters. And right on cue as this article was just published, Chinese authorities have now announced (on 24 September)  a total ban on all cryptocurrency transactions. Except of course, it's upcoming authoritarian Digital Yuan.    The future according to WEF's Klaus Schwab and his Elite private banker handlers Conclusion - Slavery or Monetary Freedom Although central banks will claim that they are introducing CBDCs for reasons such as improving payments efficiency, boosting financial inclusion for the unbanked and tackling illicit transactions, their real motivations, as always, are for surveillance and control. Surveillance of a population via complete visibility into financial transaction flow and user identities, and centralized control of the money supply within a cashless financial system. Think China’s social credit system on a global dystopian scale, where vax passes evolve into digital IDs and digital IDs link to CBDC issuance and use. In fact, the entire coercion around implementing vaccine passports and digital IDs looks to be a pre-planned stepping stone for the roll-out of central bank digital currencies and global social credit systems. The timing of the accelerated emergence of CBDCs may partially be an attempt by central banks to outflank the numerous private cryptocurrencies, tokens and decentralized finance ecosystems that have emerged and that are a threat to the power of the centralized banking system at whose apex sits the BIS. But it would be naïve to think that central banks that knew in advance about the initiation of a‘WEF’ global technocratic and corpocratic takeover that would begin in 2020, are not now orchestrating the rollout of CBDCs as part of a long-term global agenda, that agenda being the global socialist Agenda 2030, and a future in which, according to the Davos World Economic Forum (WEF) “You’ll own nothing. And you’ll be happy”. BIS and central bank attacks against private cryptocurrencies are to be expected. After all, the same central banks and the BIS have waged a very long war against physical gold and silver. And precious metals have been money since 4000 B.C.. With the launch of CBDCs by central banks and their elitist private banking controllers, that war looks set to intensify. So, do you want a future of monetary freedom, or a future of perpetual slavery to central banker CBDCs?  If you want monetary freedom, then ownership of physical precious metals and private and anonymous digital currencies are now some of the only ways to counter and protect against the ominous CBDC plans which the BIS and its central bank members are intent with imminently rolling out. *  *  * This article originally appeared on the BullionStar.com website under the same title "Central Bank Digital Currencies – A Future of Surveillance and Control" Tyler Durden Sun, 09/26/2021 - 15:00.....»»

Category: dealsSource: nyt10 hr. 30 min. ago

How We Know Bitcoin Is A Force For Good

How We Know Bitcoin Is A Force For Good Authored by Mark Jeftovic via BombThrower.com, Cryptos are the antidote to repressive Central Bank Digital Currencies Yesterday I wrote up why I don’t think any kind of China-style ban on Bitcoin and cryptos would be tenable in (so-called) liberal democracies here in the West. It referenced an earlier piece that described the threefold governance structure I see competing for relevance over the coming decades. Somebody linked to those in the comments from a Tom Luongo piece (which I rather enjoyed enough to subscribe to his newsletter) but when I read through some of the other comments around Bitcoin, how it’s a globalist Trojan horse for surveillance capitalism and social credit I realized I needed to get a piece out to speak specifically to this aspect of future governance. I cover this a lot in The Crypto Capitalist Letter, in fact it’s a pillar of our macro economic thesis (which you can download free here). It all comes down to the differences between real crypto currencies like Bitcoin, Ethereum, Dash, Monero, et al and coming Central Bank Digital Currencies (CBDCs), like China’s Digital Yuan, like the coming FedCoin, and anything else that will be issued by central banks, directly from governments or even in conjunction with Big Tech platforms. There are the two main types of digital money that will co-exist in the future. Each type of digital money corresponds to a governance mode of the future. Which type of this money you make your own or your business’ financial centre of gravity will have an outsized impact on whether you live in the future as a neo-Feudal serf or as a sovereign individual. Each one has its own fundamental architecture, and the governance and economics that result from those architectures reflect the governance models of the mode that is built on them. This is critical and builds on what I’ve been writing about for  years now, drawing on the work of relatively obscure commentators like Vincent Locascio and Steven Zarlenga. The latter who wrote in his Lost Science of Money, whoever controls the monetary system, controls society. “a main arena of human struggle is over the monetary control of societies and that control has been and is now exercised through obscure theories about the nature of money. If it had to be summarized in one sentence, it is that by misdefining the nature of money, special interests have often been able to assume the control of society’s monetary system, and in turn, the society itself. ”. It is because of how fundamentally the monetary architecture is reflected in the governance stack that sits atop of it that I can make the case with rather high confidence that Bitcoin and cryptos are not Trojan horses for globalist control. They are the opposite – they are the mechanisms through which people, all people, any person, the masses – can reclaim their own economic autonomy and become self-ruling and free. The defining feature that makes them so is simply that a liberating crypto-currency is designed such that the blockchain is decentralized anybody can take part in validating the blockchain the possessor controls the private keys to the units he or she owns This is Bitcoin. These are cryptos in general. They may also contain other features that confer a “sound money” status on them, like Bitcoin’s 21 million unit hard cap or Ethereum’s EIP 1559 protocol. But it is these three attributes, especially the last one, of holding one’s own private keys, that make them emancipatory monetary technologies. The crypto folks have an expression: “Not your keys, not your coins”. I expect this to be the defining feature that demarcates the difference between a bona fide crypto currency that empowers its holders and centralized digital cash (tokens) that governments and central banks run to control the populace. Those skeptical of Bitcoin, who suspect a globalist, Davos-inspired regimen of surveillance and social credit are correct about digital cash being the conduit for those, but they’ve simply conflated all forms of digital money and view Bitcoin as typical or a test-run of them. This misconception arises simply from not knowing or understanding the differentiators between a crypto like Bitcoin and a Central Bank Digital Currency (CBDC), like a coming “FedCoin”. CBDCs will very much be tools of elitists to implement top-down command-and-control economics and even Great Reset-style social management through monetary policy. CBDCs will in all likelihood not be designed to put the private keys over the currency units into the hands of its possessor. Digital “cash” under CBDCs will be centrally programmable and implemented without end-user consent across all national governance and Davos-inspired initiatives. CBDCs will be the rails of all manner of economic programs (like UBI and MMT) and social policy objectives which simply are not possible, or desirable under cryptos: Expiry dates on “cash” in your wallet Negative interest rates if you try to save any of it Social credit objectives (no jab / no stimmie) Instant taxation on transactions and payments Social justice pricing (cup of coffee costs 10X if you’re in a higher tax bracket) Built-in climate tariffs Capital controls Infinitely inflatable, issue on demand If you thought the Federal Reserve was suffering from mission creep now that they’ve decided to tackle climate change and social justice, just wait until they get the ability to program what you can do with your monthly stimmie after it already in your wallet. (Anybody remember the original Robocop?) That is what we’re looking at with CBDCs and if that’s your dystopian vision of what digital cash means, you’re not wrong. You’re just misdirecting your apprehensions if you think that’s what Bitcoin means. This is because it and most of the other digital currencies are the antidote to CBDCs. Which is why they are subject to such hostility from policy makers, the corporate press and elites. This will be a battle. A never-ending tension between these two digital money systems – crypto currencies, which are actually fungible, inelastic, deflationary (purchasing power increases over time) and which gives their holders economic autonomy in this new era. On the other side we’ll have these centrally issued, programmable digital tokens. Which side of the ledger the majority of your economic activity happens on will govern your future status as a Neo-Serf or an autonomous Sovereign Individual. If the dynamic becomes extreme it could even result in a kind of monetary Apartheid. The good news is that today, at this moment in time, it’s still largely self-selecting. I’ve written many times, that crypto’s (real cryptos, not CBDCs or even stablecoins) are all about optionality. Crypto’s like Bitcoin confer options on their holders (HODL-ers), while the coming CBDCs will be all about limiting them. *  *  * I cover this dynamic extensively in The Crypto Capitalist Letter, a long with a tactical focus on publicly traded crypto stocks. Get the overall investment / macro thesis free when you subscribe to the Bombthrower mailing list, or try the premium service for a month with our fully refundable trial offer. Tyler Durden Sun, 09/26/2021 - 12:00.....»»

Category: blogSource: zerohedge14 hr. 14 min. ago

Andre Cronje Rolls Out A New NFT Marketplace On Fantom Blockchain

DeFi developer and Yearn.Finance creator Andre Cronje has launched a new NFT marketplace called Artion.  Cronje released a beta version on the Fantom (CRYPTO: FTM) blockchain. read more.....»»

Category: blogSource: benzingaSep 25th, 2021

Crypto: Major banks and other key financial institutions are working to tokenize assets ‘behind the scenes,’ says ‘Big Four’ firm EY

Not everyone is happy about mainstream finance embracing the blockchain technology, as they worry that the decentralized finance efforts will be centralized......»»

Category: topSource: marketwatchSep 25th, 2021

A Proud Boys member and FBI informant was texting his handler during the January 6 Capitol riot, report says

The informant was texting the FBI updates as the pro-Trump mob entered the Capitol, but his handler didn't appear to understand it was breached. Trump supporters clash with police and security forces as they push barricades to storm the US Capitol in Washington D.C on January 6, 2021. Roberto Schmidt/AFP via Getty Images A member of the far-right Proud Boys and FBI informant was texting his handler during the January 6 riot at the US Capitol, The New York Times reported. The FBI was investigating at least two other January 6 rioters with potential ties to the Proud Boys, according to the report. The records appear to show the FBI had advanced knowledge that Proud Boys members were headed toward the Capitol. See more stories on Insider's business page. A member of the Proud Boys who was working as an FBI informant was present at the January 6 riot at the US Capitol and sent his FBI handler live updates by text message, indicating the law enforcement agency had real-time knowledge that a pro-Trump mob was headed toward the building.According to a report published Saturday by The New York Times, the informant was updating his handler as the pro-Trump mob marched toward the US Capitol 6 while lawmakers were meeting inside to discuss and certify Joe Biden as the winner of the 2020 presidential election.The informant, who was associated with the Midwestern chapter of the organization, told the FBI that members of the Proud Boys were following the mob but maintained the group didn't have plans to attack the US Capitol.The informant described meeting up with other members of the Proud Boys at the Washington Monument on the morning of January 6 before they moved to the Capitol, records show, according to the Times. The informant described seeing barriers knocked over and Trump supporters entering the building. The handler didn't appear to understand that the Capitol had been breached, according to the records obtained by the Times. The records were provided to the outlet on the grounds it would not quote directly from them, according to the report.The informant began working with federal investigators in July 2020, records said, according to the Times.The records do not indicate whether the informant could've intentionally misled federal investigators, according to the report. The informant's statements pose difficulties for federal prosecutors who aim to make the case that rioters at the capitol associated with the Proud Boys in advance planned to storm the building.Prosecutors have filed conspiracy charges against 15 members of the Proud Boys relating to the January 6 riot, The Times noted. In total, at least 654 people have faced charges related to their participation in the January 6 riot, according to an Insider database. The FBI was investigating at least two other people involved in the January 6 riot who may have been connected to the Proud Boys, according to the report.A person familiar with the situation told The New York Times the FBI had another informant present on January 6 who was affiliated with another chapter of the Proud Boys."While the F.B.I.'s standard practice is not to discuss its sources and methods, it is important to understand that sources provide valuable information regarding criminal activity and national security matters," the FBI told The New York Times in a statement.Read the original article on Business Insider.....»»

Category: personnelSource: nytSep 25th, 2021

Texas launches audit into 2020 election results after pressure from Donald Trump

Although Donald Trump won the state of Texas in 2020, the audit will focus on counties Joe Biden won. Former President Donald Trump in Texas. Brandon Bell/Getty Images The Texas Secretary of State's office said they will audit the results of the 2020 election in four counties. The move comes after former President Donald Trump pressured the governor to start an audit. Although Trump won the state in 2020, the audit primarily focuses on counties where Joe Biden won. See more stories on Insider's business page. Texas officials have said they will launch a "forensic audit" of the results of the 2020 election in its four largest counties, following pressure from former President Donald Trump.Despite winning the state in the 2020 election, Trump wrote to Texas Gov. Greg Abbott on Thursday and pushed him to audit the results."Despite my big win in Texas, I hear Texans want an election audit," the former president said in a statement. "You know your fellow Texans have big questions about the November 2020 Election.Late on Thursday, the Texas Secretary of State's office confirmed that they would audit the results of four counties; Houston, Dallas, Tarrant, and Collin, local news outlet NBC DFW reported.Houston and Dallas typically lean Democrat, and although Tarrant has traditionally voted Republican, Joe Biden won the county in 2020.There was little further information on how the audit would be carried out.The statement was attributed to Sam Taylor, a spokesman for the office, as the position of Secretary of State has been vacant since May.Texas Republicans have been pushing to audit the election results in Texas's largest counties, most of which went to Joe Biden.Democrats and election officials said that Republicans had demonstrated no evidence of widespread fraud in the state and that there was no need for an audit.Critics say that the decision to start an audit indicates that Texas officials have bowed to pressure from the former president.-Lina Hidalgo (@LinaHidalgoTX) September 24, 2021"Donald Trump ordered Gov. Abbott to audit the 2020 Texas election and, like clockwork, TX just initiated an audit of Harris County voters," Harris County's Judge Lina Hidalgo wrote on Twitter. "Democracy isn't a game. These fake audits are an affront to all voters, & pure pandering to the kinds of extremists that stormed our Capitol."Local newspaper The Fort Worth Star-Telegram wrote in an editorial board opinion that Texans now have "a clear picture of who's in charge of election law in this state"- and it's not the governor or secretary of state, "it's Donald Trump."On Friday, the results of Arizona's audit of the 2020 presidential election confirmed that Joe Biden won the state.The controversial GOP-led audit resulted in Trump losing 261 votes, and Biden gaining 99.Although Donald Trump and his allies have filed dozens of lawsuits challenging the results of the 2020 election, all of them have failed.The Justice Department said it found no evidence of widespread voter fraud in the election.Despite this, the former president continues to promote widely disproved conspiracy theories about the election being rigged.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 25th, 2021

A financial TikTok influencer with almost 500,000 followers says bitcoin is going to "get slayed" - and shares how cryptos and stablecoins make up his trading strategy

Bitcoin is the biggest cryptocurrency and, for now, dwarfs its rivals, but its days at the top are numbered, 'FinTok' influencer Crypto Mason says. Mason Versluis Mason Versluis 21-year old Mason Versluis has almost 500,000 followers on TikTok, where he shares tips on crypto and markets. He recently spoke to Insider about how he picks which coin to invest in and why. Versluis said he would like to see bitcoin 'get slayed' as other coins have far more real-use cases. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin is the biggest cryptocurrency by market value and, for now, continues to dwarf its competitors. But the rise of crypto rivals with far more real-life applications means it will be dethroned sooner rather than later, according to financial TikTok influencer Mason Versluis.21-year old Versluis also goes by the user name Crypto Mason and has almost 500,000 followers on his TikTok account, which he uses to make short videos to educate his viewers about crypto and the markets. Versluis, who has been trading crypto since he was 15, recently spoke to Insider about his outlook for the market. "The psychological thing of bitcoin always being number one and king can be gone. So, by 'slaying bitcoin', I mean I want something to pass it and then we'll see what happens after that," Versluis said. Bitcoin has a market capitalization of just under $800 billion, out of the roughly $1.9 trillion that the entire crypto market is worth, according to CoinMarketCap.In the last 12 months, it's gained almost 350% in price, but Versluis thinks there's more value to be had elsewhere. "My dad actually told me about XRP when I was 17, and I've been in ever since, off and on," he said."I am one of these people who think XRP is a 'better bitcoin'. And it actually tackles the payments problem better than bitcoin can or ever will," he added. Ripple Lab's XRP token is used in fast-payments systems - an area where bitcoin cannot really compete given how slow its network is in comparison. XRP is one of the larger crypto coins and has kept pace with bitcoin in the last year, rising around 320%.Ether, the native token of the ethereum network, is the second-largest cryptocurrency and accounts for about 20% of the market. Its blockchain's ability to run decentralized finance applications, smart contacts and other protocols has seen a rush of investor cash into ether this year, which has gained almost 800% in that time. "It's got to have use cases, meaning: does this token do nothing? Am I just buying this token because I think it's going to go up in value?" Versluis said."That is what I am personally invested in, just because of the potential - they actually do something. Ethereum has so many decentralized applications built on it," he added.When it comes to taking a position in a coin, Versluis says he isn't a day trader. "That's a lot of stress, you've got to be at your computer watching the markets," he said."I'll see an opportunity, put some money in, and I'll basically ride that rocket up until I think it's time to sell. I sell out of it and I put it into a stablecoin, such as USDT or USDC. And then, I just make profits, and then I'll reinvest some of that into my main portfolio. So it's a slow process," he said.As a relatively young trader who says part of his crypto passion is its decentralized, free nature, the question arises as to what Versluis thinks about regulation in this market. Unlike a lot of crypto fans, he's not against it. But he does believe that any rules need to adapt to the reality of the crypto market and one size does not fit all. "It's a digital world. And we're only going to get more digital and more virtual," he said."They can't just take the old system, laws and slap it on to crypto. It doesn't work. So, what's gonna come out of this is a whole new way of looking at these tokens."Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 25th, 2021

Crypto Industry at the End of Q3 2021: What is Going On?

As we are entering the final quarter of the year, the crypto industry finds itself in an interesting place, not only when it comes to its prices, but also development and some potentially game-changing events. Q2 2021 hedge fund letters, conferences and more There is a lot going on in regards to all fields, sectors, […] As we are entering the final quarter of the year, the crypto industry finds itself in an interesting place, not only when it comes to its prices, but also development and some potentially game-changing events. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more There is a lot going on in regards to all fields, sectors, and aspects of crypto and blockchain, so without further ado, let’s take a look at some of the most important developments at this time. Price Performance In terms of price performance and volatility, there was a lot of it this year, and things are taking an interesting turn as we enter into the final act of 2021. Earlier this year, there was a massive rally that brought a lot of cryptos to new all-time highs. Bitcoin, as pretty much everyone is aware, reached an ATH at $64.8k. The rally also allowed many other coins to hit their own new records, but the situation took a turn in mid-May, causing the prices to crash. The crash was quite severe, often reducing the prices by 50%, sometimes even more. However, the situation once again started to take a turn for the better in August and early September, only for a secondary price drop to take place in the second half of the month. At the time of writing, another recovery seems to have started, taking Bitcoin — which previously dropped to $40k — back to mid-$40,000s, currently sitting at $44,706. Ethereum also manages to remain above $3,000 even though it dropped below this level a few times. The rest of the market is mostly following Bitcoin’s lead, with only a handful of coins trying to decouple from the leading cryptocurrency. The DeFi Sector The DeFi sector has continued to thrive in 2021, following up on its explosion which started last year. It saw its own fair share of volatility, but thanks to the fact that many are in it for the long run, price movements did not particularly alter the sentiment around DeFi itself. There has been a noticeable increase of activity on non-Ethereum chains, primarily Binance Smart Chain, Solana, and alike. These projects offer significantly greater speeds than Ethereum, lower transaction fees, greater number of transactions per block, and other advantages that make them more desirable for developers and users alike. Of course, due to DeFi and NFT activity, Ethereum itself made moves to improve conditions on its network, with the biggest change so far being the introduction of the concept of token burning. However, as of yet, the effects have not been impactful enough to truly make a change. One more recent thing regarding DeFi is a growing number of exploits affecting a variety of projects. Hacking attacks against these projects have already resulted in a significant amount being stolen, often involving millions of dollars. NFTs Speaking of major trends, NFTs, or Non-Fungible Tokens, have exploded in 2021, similar to how DeFi exploded in 2020. The NFT sector started attracting everyone, including celebrities, major companies, sports stars, and more. It also spread from Ethereum to every other development platform in the industry, so much so that even Bitcoin — known for being only a distributed ledger, and not a development platform like Ethereum — will soon be getting smart contracts due to Dfinity’s project Internet Computer, and its ambition to include BTC in the growing world of smart contracts. NFTs have been skyrocketing in terms of price, but also creativity. A few examples of some of the more interesting projects include the likes of CowboyZombies, Sneaky Vampire Syndicate, and CrypToadz. CowboyZombies is an upcoming game that features cowboys/cowgirls vs zombies, as the name suggests. The project hired expert developers from all over the world, many of which are quite well-known. It also has a very well designed UI from what can be seen right now, and it will feature 4 types of zombies, as well as 5 different classes of cowboys. In later expansions, the project also plans to introduce new characters. The game will have its own NFTs, as mentioned, and one more feature that makes it stand out is the fact that it is using a Shoot-to-Earn model, rather than Play2Earn, like others before it. Right now, the project’s team is preparing to hold a presale that will take place in early October. So, it is safe to say that we are looking forward to seeing how it performs, given its unique gameplay but familiar elements. Continuing with the theme of the undead, there is also Sneaky Vampire Syndicate — another NFT project that features 8888 unique vampires, professionally designed, and meant to live out their eternity on the blockchain. And, finally, as a change of pace, there is CrypToadz — a project featuring small amphibious creatures that “roam the swampy basin of what was formerly known as Uniswamp.” The project says that it was made with love by a number of skilled developers and artists, and this can really be seen in the design and dedication to creating countless different CrypToadz which make for rather interesting collectibles. Regulations Finally, let’s talk about crypto regulations. In the US, the situation is not looking too different than before, other than the fact that the Biden Administration made a number of changes. The US SEC’s new chair, Gary Gensler, is quite well acquainted with crypto, given that it taught a crypto course. However, he is by no means a crypto proponent, so the industry’s hopes of seeing an ally in him have already been abandoned. Worse still, it is rumored that the Biden administration has nominated a very anti-crypto lawyer to be the next Comptroller of the Currency — Saule Omarova. The only positive thing here is that Omarova is equally against big banks and banking as we know it, meaning that the banking sector is likely to lobby quite strongly against her getting the job. So, while the battle is not yet lost, things are not looking great for the crypto industry in the US. On the bright side, Bitcoin has officially become legal tender in El Salvador, while Cuba made cryptos a legal payment method last week, so the situation in other parts of the world is seemingly improving. Conclusion The crypto industry continues to evolve and develop around the world, and within itself. Some regions are friendlier towards it than others, that much is for certain, but overall, its potential continues to grow. NFT and DeFi sectors are thriving, and while the prices are still struggling to grow, they remain significantly higher than they were prior to the summer of 2020. New opportunities continue to emerge, and so we will continue to carefully monitor it and report on any major occurrences. Updated on Sep 24, 2021, 2:59 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkSep 24th, 2021

MetLife (MET) Arm Ties Up to Boost Digital Suite in Bangladesh

MetLife's (MET) unit MetLife Bangladesh joins forces with Citi to offer a H2H payment processing platform to help customers make online premium payments. MetLife Bangladesh, the unit through which MetLife, Inc. MET operates in the Asian country, recently collaborated with Citibank, N.A Bangladesh in a bid to introduce the Host-to-Host (H2H) payment processing platform across the nation. MetLife boasts a strong customer base serving more than one million customers across Bangladesh.The platform, which is the first-of-its-kind in Bangladesh, was rolled out utilizing the Electronic Fund Transfer (EFT) Debit network of the country’s central bank Bangladesh Bank. Besides, the platform was devised by amalgamating advanced technologies of MetLife Bangladesh and CitiDirect BE, which is the well-recognized online banking platform of Citi.The recent launch seems to benefit MetLife Bangladesh, which will be equipped to seamlessly collect insurance premium payments from the growing number of customers, who prefer to directly debit the amount from their bank accounts through EFT.The partnership is reflective of MetLife’s efforts to diversify its digital payment alternatives across Bangladesh. It’s a time opportune move as well since there is a steady uptick in customers inclined toward adopting electronic channels for paying premiums online.Being the leading international life insurer of Bangladesh, MetLife Bangladesh provides numerous innovative digital payment options throughout the nation. Moves similar to the latest one are expected to strengthen MetLife’s presence in the country and more broadly, its footprint across Asia.The continent seems an attractive market for MetLife, courtesy of the sound growth prospects and a robust digital innovation currently underway in the region. Factors such as the launch of innovative and advanced technologies by Asian fintechs, increased internet usage and a tech-savvy population leading to higher usage of smartphones are expected to sustain the progress in that zone.For capitalizing on the potential prospects, MetLife has made use of its exceptional capabilities and a solid financial position to constantly pursue buyouts and partnerships for unveiling revolutionary products and services throughout Asia.The coronavirus outbreak compelled people to adopt online services across every sphere of life. With the global economy well-poised to stage a turnaround now, health woes due to the continuous spike in COVID-19 variants remain.As a result, enhanced technologies, such as blockchain, AI, advanced analytics and others seem to play a key role in such a scenario, equipping businesses to operate remotely and allow individuals to stay at home while pursuing their essential and non-essential needs.Not being an exception to the digital trend, the life insurance industry resorted to a rapid advancement of the digital means for enabling customers to purchase policies within the comforts of their homes and pay premiums online.As a case in point, MetLife remains committed to bringing about technological developments, aimed to offer a hassle-free insurance experience for its customers. These advancements are expected to result in cost savings, accelerate claim payments and pave the way for automation in processes, which are expected to drive the company’s margins in the days ahead.Zacks Rank & Price PerformanceShares of MetLife, which currently carries a Zacks Rank #2 (Buy), have surged 68.9% in a year compared with the industry’s rally of 44.4%.Image Source: Zacks Investment ResearchOther Stocks to ConsiderSome other top-ranked stocks in the multiline insurance space are American International Group, Inc. AIG, Old Republic International Corporation ORI and Horace Mann Educators Corporation HMN, each presently carrying a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Earnings of American International, Old Republic and Horace Mann delivered a trailing four-quarter surprise of 15.09%, 59.51% and 21.12%, on average, respectively. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American International Group, Inc. (AIG): Free Stock Analysis Report MetLife, Inc. (MET): Free Stock Analysis Report Old Republic International Corporation (ORI): Free Stock Analysis Report Horace Mann Educators Corporation (HMN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 24th, 2021

Twitter (TWTR) Enables Bitcoin Tipping, Safety Features & More

Twitter (TWTR) encourages cryptocurrency adoption with the recent addition of the Bitcoin tipping option for content creators and other plans to support authentication for NFTs. Twitter TWTR recently announced that it will enable users to tip their favorite content creators with bitcoin besides third-party payment providers, marking its path among major social networks that encourage use of the cryptocurrency as a method of payment.The company is integrating bitcoin payments through Strike, which uses the Lightning Network — a blockchain-fueled network that enables real-time transactions. To participate, users in eligible geographies must create a Strike account which is currently available across the Unites States except New York and Hawaii, and the country of El Salvador.In addition to their Strike usernames, users will be able to add a Bitcoin Lightning wallet or their Bitcoin addresses to their profiles. That can be copied and pasted into any crypto wallet of choice to transfer bitcoin tips. Lightening wallets are popular among users in the crypto community due to their lower transaction fees.Besides Bitcoin, Twitter will let users connect nine traditional payment providers to their profiles to accept tips. The Tip Jar feature was introduced in May as a beta product, allowing users to send and receive one-time payments through third-party services like PayPal, Venmo, Patreon, Cash App, Bandcamp and others. It will now expand to global audiences on iOS with Android coming soon.The recent launch is expected to boost user engagement and performance of Twitter’s shares. The stock has returned 23.1% in the year-to-date period against the Zacks Internet – Software industry’ decline of 3.8% and the S&P 500’s rally of 18.2%, respectively.Year to Date PerformanceImage Source: Zacks Investment ResearchEndeavors Toward the Adoption of CryptocurrenciesTwitter’s app will notify someone when they receive a Bitcoin tip through Strike, letting them quickly reply to the tipper to thank or send an emoji reaction. Twitter will also generate invoices for creators to track the tips they receive.This Zacks Rank #2 (Buy) company also plans to support authentication for non-fungible tokens (NFTs), which are digital assets such as images or videos that exist on a blockchain. The feature will let users track and showcase their NFT ownership on Twitter by allowing NFT creators to connect their crypto wallets to Twitter. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.NFTs have recently gained popularity as a way to buy and trade digital art on the Ethereum blockchain. A few months ago, Twitter did a giveaway of NFTs that were minted on a marketplace called Rarible.Other notable companies that recently backed cryptocurrencies including bitcoin are Square, Inc SQ and Tesla TSLA, which revealed its investments worth $1.5 billion into bitcoin in February. Moreover, PayPal PYPL allowed its customers in the United States as well as the U.K. to make payments with the help of virtual currency, including bitcoin.Twitter’s Aggressive Push to Safeguard UsersTwitter continues to ramp up its effort to safeguard its platform and boost trustworthiness besides the above-mentioned updates to court creators. The company provides them more ways to share their work on the platform and generate more ways to make money.It will soon launch a feature that will allow users to remove themselves from a conversation they are mentioned in. The company is experimenting with a new feature called Word Filters that will let users stop abusive tweets that don’t go against Twitter policy.Twitter also created new features like enabling users to edit follower lists and a tool to archive old tweets to restrict its visibility to others after a specific amount of time.Other features like the soft block allows users to swiftly remove unnecessary followers from their list without having to block them permanently. This will enable the user to control the audience of their tweets. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report Square, Inc. (SQ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 24th, 2021

4 Value Picks From the Top-Ranked Life Insurance Industry

Given the Life Insurance industry prospects, undervalued stocks like LNC, ATH, RGA and BHF have the potential of generating better returns than other players. The Zacks Life Insurance industry is housed within the top 21% of the 255 Zacks industries. The industry players are poised to benefit from product redesigning and repricing along with increased automation. It currently carries a Zack Industry Rank #54. The industry’s earnings estimates for the current year have been revised 16.2% upward in a year’s time.The industry that suffered last year due to the pandemic has been gaining pace. The industry has gained 8.8% year to date compared with the Finance sector’s increase of 43.2% and the Zacks S&P 500 composite’s 35.1% rally.Image Source: Zacks Investment ResearchIncreased vaccinations, improving employment and an encouraging economic growth outlook instill confidence in the industry. Economic growth as reflected by GDP increased at an annualized rate of 6.5% for the second quarter.Life insurers are sensitive to interest rates. They invest the premium earned to meet the contractually guaranteed obligations of policyholders. A low rate weighs on income from investment. Thus, insurers are directing their funds into alternative investments like private equity, hedge funds and real estate to navigate the challenges. The rate is expected to remain low until 2023, as indicated in the latest FOMC meeting.The industry players are also refraining from selling long-duration term life insurance. The players are opportunistically moving away from guaranteed savings products toward protection products of unit-linked savings products.The increased adoption of technologies like blockchain, artificial intelligence, advanced analytics, telematics, cloud computing, and robotic process automation aid in seamless underwriting and claims processing, in turn improving operational efficiency.Per a report by IBISWorld, the $886.7-billion U.S. Life Insurance & Annuities Market represents 4.2% growth in 2021. The players are well poised to capitalize on the opportunity, banking on their core strengths. Sales should benefit from increasing demand for protection products.  The industry is currently undervalued compared with the Zacks S&P 500 composite as well as the Zacks Finance sector. The price-to-book (P/B) ratio, the best multiple for valuing insurers because of their unpredictable financial results, is 1.2, lower than the Zacks S&P 500 composite’s 6.9 and the sector’s 3.3. Such a market positioning hints at more room for upside in the coming quarters.Image Source: Zacks Investment ResearchImage Source: Zacks Investment ResearchValue PicksGiven the industry prospects, let’s look at a few stocks that are currently undervalued and have the potential of generating better returns. Our proprietary Value Score makes the daunting task easier.The Value Score helps find attractive value stocks. These value stocks have a long history of showing superior returns. Back-tested results have shown that stocks with a solid Value Score and favorable Zacks Rank generate better returns.With the help of the Zacks Stock Screener, we have selected five life insurance stocks with a favorable Value Score of A or B. Each of these stocks carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.These stocks have also witnessed positive estimate revisions in the past 60 days, reflecting analysts’ confidence in the companies’ operational efficiency. Shares of each of these life insurers have outperformed the industry in a year’s time and are cheaper than the industry average.Image Source: Zacks Investment ResearchBased in Philadelphia, PA, Lincoln National Corporation LNC is a diversified life insurance and investment management company. This diversified life insurance and investment management company is poised to grow on the back of strong performance of the Life Insurance segment. The company has been making changes in its sales mix to emphasize on sales, without a long-term guarantee to improve profitability. Improved economic backdrop and an expanding set of retirement solutions products should drive the Retirement business. The company is prudently managing costs to preserve margins.Shares of the company have gained 120.3% over a year. The stock is currently trading at a 0.6 price to book multiple.Bermuda-based Athene Holding ATH is a provider of insurance and reinsurance retirement products across the United States and Bermuda, and is poised for long-term growth driven by continued focus on organic channels along with a strong relationship with Apollo. The portfolio of capital-efficient products and the addition of reinsurance partners are likely to offer improved retirement solutions. The company expects healthy organic growth to continue in 2021. It also estimates total organic inflows to likely meet or exceed $30 billion in 2021.Strategic buyouts and block reinsurance transactions with several companies should fuel inorganic growth.Shares of the company have gained 105.7% over a year. The stock is currently trading at a 0.61 price to book multiple.Chesterfield, MO-based Reinsurance Group of America RGA is a global provider of traditional life and health reinsurance as well as financial solutions, and is poised to benefit from the changing life reinsurance pricing environment, expanding business in the pension risk transfer market along with disciplined capital management.Significant value embedded in the in-force business is estimated to generate predictable long-term earnings. Reinsurance Group expects longevity insurance to see long-term growth in the Canadian market as it is projected to see steady demand.Shares of the company have gained 19.2% over a year. The stock is currently trading at a 0.56 price to book multiple.Charlotte, NC-based Brighthouse Financial BHF boasts one of the largest providers of annuity and life insurance products in the United States, and is poised to grow on a compelling suite of life and annuity products, individual insurance, and focus on transitioning the business mix to less capital-intensive products.The company remains focused on ramping up new sales of life insurance products and expanding the distribution network, aiming to become a premier player in the industry. It targets total annual annuity sales of more than $8.5 billion and $250 million of total life sales in 2021. Though the company’s Fixed Rate Annuity sales are anticipated to be lower, it projects growth in Shield and Variable Annuities in 2021.Given solid execution of strategies to drive profitability, enhanced financial strength and flexibility, the company targets to pay back $1.5 billion of capital to shareholders by 2021-end.Shares of the company have gained 67.8% over a year. The stock is currently trading at a 0.23 price to book multiple. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lincoln National Corporation (LNC): Free Stock Analysis Report Reinsurance Group of America, Incorporated (RGA): Free Stock Analysis Report Athene Holding Ltd. (ATH): Free Stock Analysis Report Brighthouse Financial, Inc. (BHF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 24th, 2021

Dare (DARE) Begins Study to Treat Vulvar and Vaginal Atrophy

Dare Bioscience (DARE) starts a phase I/II study to evaluate DARE-VVA1 to treat moderate to severe vulvar and vaginal atrophy. Daré Bioscience DARE announced that it has initiated a phase I/II study to evaluate its investigational proprietary formulation, DARE-VVA1, for non-hormonal treatment of moderate to severe vulvar and vaginal atrophy (“VVA”), an inflammation of the vaginal epithelium resulting from a reduction in estrogen levels.DARE-VVA1 is a novel formulation of tamoxifen designed for intravaginal administration to exert an estrogen-like response on vaginal cytology for the treatment of VVA. Unlike other VVA treatments that are predominantly based on estrogen, DARE-VVA1 offers treatment to VVA without the use of estrogen.VVA is a common condition in postmenopausal women and women with hormone receptor-positive (“HR+”) breast cancer. It is marked by vaginal dryness, itching, burning and painful intercourse.The stock has rallied 31.3% so far this year in comparison with the industry’s 0.7% rise.Image Source: Zacks Investment ResearchThe phase I/II study will evaluate the safety, tolerability, pharmacokinetics (“PK”) and pharmacodynamics (“PD”) of DARE-VVA1 in 40 postmenopausal participants with moderate to severe VVA. The study will randomize the patients into five equal treatment groups, i.e., four different doses of the therapy, namely 1 mg, 5 mg, 10 mg, and 20 mg, and placebo.The primary endpoints include assessing the safety and tolerability of vaginal administration of the therapy including assessment of the therapy’s plasma PK after intravaginal application. Secondary endpoints include evaluation of the therapy’s preliminary efficacy and PD in terms of most bothersome symptoms, and changes in vaginal cytology and pH.Per the company, approximately 10% of women living in the United States develop breast cancer. Moreover, VVA is commonly found in 42-70% of postmenopausal breast cancer patients. If approved, DARE-VVA1 will be the first therapy for the treatment of VVA for women with HR+ breast cancer.Dare Bioscience, Inc. Price Dare Bioscience, Inc. price | Dare Bioscience, Inc. QuoteZacks Rank & Stocks to ConsiderDaré Bioscience currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same sector include Regeneron Pharmaceuticals REGN, Repligen Corporation RGEN and Vertex Pharmaceuticals VRTX. While Regeneron and Repligen each carry a Zacks Rank #1 (Strong Buy) at present, Vertex holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Regeneron’s earnings per share estimates for 2021 have increased from $49.91 to $59.80 in the past 60 days. The same for 2022 has risen from $40.91 to $46.72 over the same period. The stock has rallied 33.8% in the year so far.Repligen’s earnings per share estimates for 2021 have increased from $2.26 to $2.76 in the past 60 days. The same for 2022 has risen from $2.57 to $3.03 over the same period. The stock has rallied 69.2% in the year so far.Vertex’s earnings per share estimates for 2021 have increased from $11.22 to $12.37 in the past 60 days. The same for 2022 has risen from $12.24 to $13.13 over the same period. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Regeneron Pharmaceuticals, Inc. (REGN): Free Stock Analysis Report Vertex Pharmaceuticals Incorporated (VRTX): Free Stock Analysis Report Repligen Corporation (RGEN): Free Stock Analysis Report Dare Bioscience, Inc. (DARE): Get Free Report To read this article on Zacks.com click here......»»

Category: topSource: zacksSep 24th, 2021

How To Buy Gold, Silver, And Platinum Using Bitcoin

Purchasing precious metals today is easier than ever. With endless options for investors to buy gold, one of them stands out from the crowd: Bitcoin. In 2009, Satoshi Nakamoto, which is either a person, pseudonym, or collective of people, launched Bitcoin as the first digital cryptocurrency in existence. With bitcoin’s launch came the first blockchain […] Purchasing precious metals today is easier than ever. With endless options for investors to buy gold, one of them stands out from the crowd: Bitcoin. In 2009, Satoshi Nakamoto, which is either a person, pseudonym, or collective of people, launched Bitcoin as the first digital cryptocurrency in existence. With bitcoin’s launch came the first blockchain system. Now after 10 years, Bitcoin has become one of the most innovative forms of currencies around. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Warren Buffett Series in PDF Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Is it a Good Time to Trade Bitcoin for Precious Metals? Definitely! Cryptocurrency and precious metals are becoming highly sought after because of fears of inflation pegged to fiat currency. As inflation increases, the dollar decreases, leading to gold, silver, and now Bitcoin to rise in value. Now, Bitcoin does have its downsides, like market volatility and government regulations increasing more frequently. Because of cryptocurrency uncertainties, many investors continue to buy more stable assets and stores of value like gold, silver, platinum, and palladium. What are Some of the Benefits of Using Bitcoin to Purchase Gold? Bitcoin is a decentralized network of nodes that are operated around the world. Since it’s decentralized, a benefit you will find using Bitcoin is that you will not have to use a banking institution that carries many restrictions like limits, slow processing, banking hours, and slow servers. Since Bitcoin only operates online, all you need is an internet connection, crypto wallet, and security key. Making it a very convenient way of completing your precious metals transactions. Are There Any Security Concerns Using Bitcoin? Using Bitcoin is an extremely safe way to make purchases or exchange currency. Your data is anonymous in the system and the only identifier is your Bitcoin address. This will allow you to purchase your gold without telling the world that you did so. Another security feature you will find is that all transactions are encrypted. Nodes on the network will go through a process of solving extremely complex formulations and then submit Proof of Work (PoW) so that it can get verified. When the majority of the node network agrees that the formulations are correct, then the transaction is complete. Since all of these security features are extremely complex, no one can manipulate the transaction without the verification process. As soon as the transaction is applied to the blockchains ledger, no one can change it. How Fast Are Bitcoin Transactions? Traditional financial institutions conduct transactions through many intermediaries. Because of this, they can be slow and frustrating. Bitcoin is a decentralized peer-to-peer network that allows transactions to go from one digital wallet to another, making for very quick transactions. Are Bitcoin Transaction Fees High? Since Bitcoin eliminates large financial institutions, transaction fees are very low. How do I Get Bitcoin? First, get yourself a digital wallet. This will be necessary when holding Bitcoin virtually. You can find many out there, so do your research and find one that best fits your needs. Then, go to a crypto exchange and set up an account. This will allow you to fund your crypto exchange account with your bank account. Once your account is connected to the exchange, you can convert your fiat currency like USD into BTC (Bitcoin). This can either stay in your exchange account or you can send it to your digital wallet. To make purchases using your Bitcoin, you will need to send your Bitcoin to your digital wallet. Once you have ownership of your Bitcoin, you’ll be all set to purchase your gold in no time. Which Precious Metals Exchanges Handle Bitcoin? Since the adoption of Bitcoin as a form of digital currency, many exchanges are happy to include this forward-thinking form of payment. Bullion Exchanges, with both a physical location and website, is one of the leading precious metals companies that has pioneered the acceptance of cryptocurrencies in exchange for gold. Bullion Exchanges make it very easy to use your Bitcoin. You can simply shop on their site, add your desired metals to your cart, and purchase using your Bitcoin on their bitpay application. Because of companies like Bullion Exchanges, Bitcoin is becoming a trusted method of buying gold, silver, and platinum. Buying precious metals is a great way to diversify your investment portfolio and is also a way to protect your wealth from economic uncertainties. If you are an avid coin collector, what better way is there to buy your desired coins than with a digital one. Conclusion Purchasing gold and other precious metals with Bitcoin is a very new way to conduct transactions. More and more companies are coming out with new blockchain applications that allow for ease of use and security features. Bitcoin’s future seems bright as the leading cryptocurrency for those who want to use the “gold standard'' of crypto. With fears of an impending economic crisis in the air and people losing their faith in government and financial institutions, buying gold and other precious metals is a sound way to go, especially if you are using Bitcoin or other cryptocurrencies. As time goes on, governments are looking toward implementing their cryptocurrencies or even adopt a cryptocurrency as its official currency, as El Salvador recently did with Bitcoin. So, it behooves everyone to learn how to make financial transactions with cryptocurrencies and obtain a digital wallet. Might as well let your first Bitcoin transaction be for an investment that has stood the test of time, GOLD! Updated on Sep 24, 2021, 12:56 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkSep 24th, 2021

Unizen’s James Taylor: “CeFi and DeFi Need to Co-exist and Evolve”

It has been three months since James Taylor left his role as global head of electronic foreign exchange sales at BNY Mellon. The former JP Morgan and Barclays Capital has joined Unizen as chief business development officer, with the first aim of reinforcing the compliance and regulatory aspects of the CeDeFi ecosystem. Q2 2021 hedge […] It has been three months since James Taylor left his role as global head of electronic foreign exchange sales at BNY Mellon. The former JP Morgan and Barclays Capital has joined Unizen as chief business development officer, with the first aim of reinforcing the compliance and regulatory aspects of the CeDeFi ecosystem. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Taylor comes from the traditional finance industry, and has landed at Unizen at a critical stage in which the company is furiously working on innovating the UX environment for crypto traders and developers. We talked to James about his move and what Unizen is working on in the crypto space, while looking to use CeFi to bridge the gaps while delivering “compliant liquidity” to the end-user. It's been three months since you joined Unizen. How has it been? What did you find when joining the company? The time has flown by! The pace of innovation and development in the crypto industry is really quite staggering and it’s really exciting to be a part of it. I was already interested in the space and there are similarities between traditional finance and crypto but it wasn’t until I joined Unizen that I realized how much I didn’t know! So I’ve been busy. I spend a large part of my time talking to and getting to know the team, asking “dumb” questions, and learning. Also, a lot of focus and effort has been on the compliance and regulatory side which is very high on our agenda and an area that I was able to help with from day one. You come from traditional finance and have broken your way into crypto. Was it a revealing transition? It was only ever going to be a unique and special opportunity to move me from traditional finance to crypto, and Unizen was precisely that. One big reason was the team, which is top-notch in terms of talent and diverse experience, but more importantly, it operates with high moral standards and ethics. Throughout my career, although I was working at some of the biggest and most successful global investment banks, the areas I worked in were essentially new and very much like startup businesses –we were redefining the way that fixed-income products would be traded. So the combination of working with a brilliant team and the ability to be a part of building out something special again in the crypto space is why I'm here. Unizen is working on a CeDeFi crypto solution. What can you share about this? The Unizen team and community have identified multiple challenges that face investors in the crypto space including KYC, security, liquidity, and high network fees –we are looking to fix actual problems that exist in the space at present, rather than those in a hypothetical future. Unizen is an ecosystem that unifies centralized and decentralized products and services –CeDeFi. It is a cohesive workspace that integrates UIs and aggregates data. Regular DeFi falls short of compliance requirements that are needed by most investment firms and asset managers. We are looking to use CeFi to bridge the gaps while still respecting and protecting the essential DeFi elements, delivering “compliant liquidity” to the end-user –liquidity that they are permitted to interact with, according to their specific regulatory, legal, or fiduciary obligations. What are the advantages of Unizen’s hybridization for traders? The main advantages of hybridization are simplicity, security, and locating the best liquidity and pricing available. The first modules are exchanges, but over time there will be other essential products and services added. However, Unizen is not just for traders. Both experienced traders and occasional investors will have a much simpler and straightforward experience, and loyal community members who hold and/or stake ZCX tokens will receive various perks such as reduced trading fees, regular airdrops of project tokens, access to pre-sales, and more. How could a DeFi system be scaled? The short and simple answer here is “cross-chain interoperability.” Most DeFi is currently siloed, something that is very limiting. Interoperability is crucial in any software or ecosystem, as it simply won’t work to its full potential if it can’t work with other software or networks. Should the future be DeFi, how do you see Altcoin performing versus bitcoin? CeFi and DeFi need to co-exist and evolve –likely the future will be CeDeFi. Regarding bitcoin versus altcoin, the former is primarily a store of value, when compared to Ethereum, whose smart contracts allow the development of DeFi apps. I think we will see BTC “Dominance” move to less than 30% as we move to a multipolar blockchain. According to many, we could see ETH move to around $35,000, and there absolutely will be other projects coming in the future that jostle and take top 10 spots in terms of market capitalization. What’s next for Unizen and how do you envision the future of CeDeFi? The current crypto market is small relative to the institutional capital that is sitting on the sidelines. Institutions will go “all in” in the coming years, once institutional-grade products and compliant liquidity are available. This is why we are pushing CeDeFi as a solution, and the CeDeFi Alliance of companies will partner and build to create the required infrastructure. Updated on Sep 24, 2021, 12:07 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkSep 24th, 2021

Q&A with BitPay"s Stephen Pair, one of Atlanta Inno"s Blazer winners

BitPay is the Blazer winner of the financial technology category in Atlanta Inno's Fire Awards. BitPay is the largest and oldest blockchain payment provider, capitalizing on a market that’s hit a global boom in the past few months. BitPay has processed more than $5 billion in transactions and has more than $70 million in investments, including from Silicon Valley’s Founders Fund. The startup is in the process of applying to become a federally licensed bank.    Here's a Q&A with….....»»

Category: topSource: bizjournalsSep 24th, 2021

Azuro CEO: “Blockchain Can Bring Full Transparency To Online Betting”

In 2012, Paruyr Shahbazyan founded Bookmaker Ratings with $50 dollars and since then the company has helped return more than $12 million to players in its mediation activities. Q2 2021 hedge fund letters, conferences and more Today, with Azuro, a decentralized betting protocol, co-founder and CEO Paruyr Shahbazyan is looking to give bettors a trustless […] In 2012, Paruyr Shahbazyan founded Bookmaker Ratings with $50 dollars and since then the company has helped return more than $12 million to players in its mediation activities. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Today, with Azuro, a decentralized betting protocol, co-founder and CEO Paruyr Shahbazyan is looking to give bettors a trustless alternative to betting in an industry imbued with cryptocurrency payments and that is increasingly reliant on blockchain. We spoke with him about crypto, blockchain, and Azuro’s testnet, which was launched in late August. With this project, the betting entrepreneur intends to familiarize bettors with the protocol using tokens and not real money. How has crypto changed the online betting industry? Firstly, there’s many high-volume players, also known as “VIPs” who have switched to use crypto as a payment method, be it so that they can bet at sites which are not available in their country, or for another reason. This is something that has happened already and a growing trend. In this case, crypto is simply used as a payment method, which is a very basic use case. However, looking beyond crypto as a payment method, blockchain –and particularly smart contracts– can deliver trustless betting, eliminate intermediaries and bring full transparency to betting. This is not prominent yet, but totally possible and very exciting. Azuro has launched its testnet. What is the purpose of the platform and what are the main changes? Azuro is a global decentralized betting protocol, utilizing smart-contracts to bring full transparency to the betting process while delivering a classic betting experience with plentiful markets and liquidity. The core goal is to give bettors a trustless alternative to betting, which is on par with the experience they can get with traditional bookmakers. As we do that, we remove the issues with trust and transparency between players and operators prevalent today. Blockchain technology allows for decentralization and the democratization of the betting business. Azuro breaks down the role of a bookmaker into several smaller roles openly available for anyone to benefit from: liquidity provision, front-end management, data provision and decentralized governance. This means more value is shared with more participants in the ecosystem. Plus, we have a commitment to social responsibility from the very beginning that is unique to our project. We launched our testnet on August 27th, where users can interact with the protocol, using test tokens, and placing bets. They also compete for rewards but without risking any real money. So, it’s pretty cool. From a $50 website template purchase in 2012 to what your current business “Bookmaker Ratings” is today... What have been the keys to achieving 1.2 million visits per month on your websites? The business focused on a simple thing: the lack of trust between players and bookmakers. So, we were objective in our bookmaker ratings and did whatever we could to help players mainly by acting as an intermediary and resolving disputes between the two sides. Through this, we managed to have more than $12 million returned to players over the years, which ensured we gained people’s trust. This was all possible because we were driven by a deep understanding of the players' problems –I was a professional bettor for many years myself. In comparison, my competitors in 2012 knew how to make strong websites, but did not know much about the needs and problems of the players. Of course, I also had a professional team with me, which is definitely a factor for the success. Tell us about your future projects, and how do you envision the online betting business amid NFT speculation and bitcoin volatility. The volatility of cryptocurrencies does not affect the betting industry because betting is perhaps the only niche in crypto that absolutely does not care about the bitcoin price. Same for NFTs, I don't see much connection apart from the fact that these hype-waves bring a lot of people to try the technology. And trustless betting –say, with stablecoins– will allow more and more people to grasp the great opportunities blockchain technology gives them, like freedom, security, and transparency. More people will interact with decentralized protocols. And given the fact that those in crypto today are mostly risk-prone users, naturally, the proportion of people who will be willing to bet with crypto and on the blockchain will increase exponentially. Updated on Sep 24, 2021, 11:53 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkSep 24th, 2021

These Are The Ten Top Binance Smart Chain Cryptocurrencies

Binance Smart Chain or BSC is an alternative to Ethereum and other leading DeFi platforms. BSC gained popularity after Ethereum failed to prove viable to those who couldn’t afford the fees. Binance, a leading cryptocurrency trading exchange, announced BSC in September 2020. BSC is similar to Ethereum, but both aren’t the same. Ethereum uses proof-of-work […] Binance Smart Chain or BSC is an alternative to Ethereum and other leading DeFi platforms. BSC gained popularity after Ethereum failed to prove viable to those who couldn’t afford the fees. Binance, a leading cryptocurrency trading exchange, announced BSC in September 2020. BSC is similar to Ethereum, but both aren’t the same. Ethereum uses proof-of-work consensus, while BSC uses delegated proof of stake, allowing it to process more transactions per second and at a lower cost. Let’s take a look at the ten top Binance Smart Chain cryptocurrencies. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get Our Activist Investing Case Study! Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below! (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Ten Top Binance Smart Chain Cryptocurrencies We have used the market cap (as of Sept. 24, from coinmarketcap.com) to rank the ten top Binance Smart Chain cryptocurrencies. Following are the ten top Binance Smart Chain cryptocurrencies: Chainlink (LINK; $9,951 million) Founded in 2017, it allows blockchains to securely interact with external data feeds, events and payment methods. LINK is down more than 19% in the past seven days and is currently trading over $22.80. It has an all-time high of $52.88 (May 2021) and an all-time low of $0.1263 (September 2017). Uniswap (UNI; $11,589 million) Launched in November 2018, it is a decentralized trading protocol that facilitates automated trading of decentralized finance (DeFi) tokens. The objective of this crypto is to keep token trading automated and open to anyone holding tokens. UNI is down more than 20% in the past seven days and is currently trading over $19.70. It has an all-time high of $44.97 (May 2021) and an all-time low of $0.419 (September 2020). Binance USD (BUSD; $13,469 million) Launched in September 2019, it is a 1:1 USD-backed stable coin. Like other stable coins, BUSD also aims to combine the stability of the dollar with blockchain technology. BUSD is up almost 1% in the past seven days and is currently trading at $1. It has an all-time high of $6.29 (June 2021) and an all-time low of $0.8861 (March 2020). Avalanche (AVAX; $15,382 million) Launched on mainnet in September 2020, it is the fastest smart contract platform in terms of time-to-finality. Its native token AVAX helps to pay fees, secure the platform through staking, as well as offer a basic unit of account between multiple subnets created on Avalanche. AVAX is up more than 9% in the past seven days and is currently trading over $73.9. It has an all-time high of $79.52 (September 2021) and an all-time low of $2.79 (December 2020). Dogecoin (DOGE; $26,575 million) Forked from Litecoin in December 2013, it is used to tip quality content creators, as well as those who share quality content on Reddit and Twitter. One can get tipped in Dogecoin by participating in a community that uses this cryptocurrency, or from a Dogecoin faucet. DOGE is down more than 14% in the past seven days and is currently trading over $ 0.208. It has an all-time high of $0.7376 (May 2021) and an all-time low of $0.00008547 (May 2015). Polkadot (DOT; $28,554 million) Founded in 2016, it is an open-source sharding multichain protocol that supports the cross-chain transfer of not just tokens, but of data and asset types as well. Its native token provides network governance and operations, as well as develops parallel chains by bonding. DOT is down more than 9% in the past seven days and is currently trading over $30.40. It has an all-time high of $49.69 (May 2021) and an all-time low of $2.69 (August 2020). USD Coin (USDC; $30,317 million) Launched in September 2018, it is a stablecoin whose value is pegged to the USD at a 1:1 ratio. USDC aims to develop an ecosystem where it is accepted by many exchanges, dApps, wallets and service providers. USDC is up almost 1% in the past seven days and is currently trading at $1. It has an all-time high of $1.11 (October 2018) and an all-time low of $0.9292 (March 2020). Binance Coin (BNB; $57,256 million) Launched in July 2017, Binance is the biggest cryptocurrency exchange on the basis of the trading volume. Binance Coin plays an important part in the successful functioning of Binance sub-projects. BNB is down more than 15% in the past seven days and is currently trading over $346. It has an all-time high of $690.93 (May 2021) and an all-time low of $0.09611 (August 2017). Tether (USDT; $68,639 million) Launched in July 2014, it is a stablecoin that mirrors the value of the USD. USDT aims to merge the unrestricted nature of cryptocurrencies with the USD’s stable value. USDT is up almost 1% in the past seven days and is currently trading at $1. It has an all-time high of $1.21 (May 2017) and an all-time low of $0.0001018 (Jan. 2021). Cardano (ADA; $69,457 million) Founded in 2017, it is a proof-of-stake blockchain platform whose goal is to assist “changemakers, innovators and visionaries” to bring about positive global change. Its native token ADA allows owners to participate in the network’s operations. ADA is down more than 6% in the past seven days and is currently trading over $2.20. It has an all-time high of $3.10 (September 2021) and an all-time low of $0.01735 (October 2017). Updated on Sep 24, 2021, 11:27 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkSep 24th, 2021

Trump"s plan to stop Biden from disclosing details of what Trump did as the Capitol riot unfolded probably won"t work, experts say

Trump's legal argument that he can exert "executive privilege" even after leaving office is on shaky ground, experts said. President Donald Trump in the White House on October 10, 2018. Win McNamee/Getty Images Trump wants to use executive privilege to stop information from being given to a Capitol-riot probe. The committee requested information from Biden's White House about Trump's behavior during the riot. Legal experts said executive privilege doesn't extend to former presidents. See more stories on Insider's business page. Former president Donald Trump is unlikely to succeed in his plan to block the release of information about his behavior during the Capitol riot, legal experts said.A bipartisan congressional committee is probing the events of January 6, which saw the US Capitol stormed by hundreds of rioters, resulting in the deaths of five people, including a police officer.The committee has requested information on how Trump and his aides behaved during the January 6 insurrection from the White House itself.That means President Joe Biden's administration has a role in deciding whether to release it. The Wall Street Journal reported, citing two anonymous sources, that Biden was leaning toward making the information public.Trump has said that he plans to cite "executive privilege" to try to block different requests for information from the committee, The Journal reported.Executive privilege is a legal concept that presidents invoke to justify withholding information on the grounds that it would impair the proper functioning of the government.In order for Trump to invoke it successfully, a court would have to accept that executive privilege can be asserted by somebody even after they leave office. Two legal scholars said that is unlikely to happen.Barbara McQuade, a legal analyst for MSNBC, said on Thursday that Trump would probably be able to delay the White House's efforts to release information on the Capitol riot but would not ultimately be able to stop it.McQuade said: "I think ultimately it will be a decision for the Biden White House, but I think he can do enough to file a lawsuit in the courts and wait for that to get litigated."So I think he can try to slow things down, but I think at the end of the day Congress will prevail and get the documents and witnesses they want."Rep. Jamie Raskin, a constitutional-law expert and member of the investigative committee probing the events of January 6, told The Washington Post that Trump would be unable to invoke executive privilege because it does not exist for former presidents. "It's not really relevant because there's no president involved - there's no such thing as a former president's executive privilege," he said. The committee on Thursday released its first subpoenas in the investigation to several of Trump's closest former aides.It's also requested records from telecoms and social-media firms, The Wall Street Journal reported.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 24th, 2021

Biden says Border Patrol agents "will pay" after whipping at Haitian migrants while charging them on horseback

"It's dangerous, it's wrong. It sends the wrong message around the world, it sends the wrong message at home. It's simply not who we are," Biden said. A United States Border Patrol agent on horseback tries to stop a Haitian migrant from entering an encampment on the banks of the Rio Grande near the Acuna Del Rio International Bridge in Del Rio, Texas on September 19, 2021. Paul Ratje/Getty Images Biden said Border Patrol agents who whipped at and charged Haitian migrants "will pay" for their actions. DHS has initiated an investigation into the agents' behavior on the border in Texas. Biden called the treatment of migrants "dangerous" and "outrageous." See more stories on Insider's business page. President Joe Biden said Border Patrol agents who whipped at Haitian migrants with horse reins as they attempted to cross the Rio Grande in Del Rio, Texas this week will face punishment for their "outrageous" actions."I promise you those people will pay," Biden said of the agents during a White House press conference on Friday morning. "There will be consequences ... It's dangerous, it's wrong. It sends the wrong message around the world, it sends the wrong message at home. It's simply not who we are."White House press secretary Jen Psaki has repeatedly called the images and footage "horrific" and "horrible." The Department of Homeland Security announced on Monday that it opened an investigation into the agents' actions. "The footage is extremely troubling, and the facts learned from the full investigation, which will be conducted swiftly, will define the appropriate disciplinary actions to be taken," DHS said in a statement earlier this week. -Aaron Rupar (@atrupar) September 24, 2021Some Democratic lawmakers and others called the agents' treatment of the migrants human rights violations. Haitian migrants told reporters that they were forced to leave a makeshift refugee camp under a bridge in Texas to find water and food for themselves and their families. Many of them waded across the river to retrieve food in Mexico and then attempted to re-cross the border to return to the camp.Video footage showed agents on horseback charging the migrants, many of whom were barefoot and carrying bags of food, and using their reins as whips.One agent yelled at a group of men and women, "This is why your country's shit because you use your women for this."Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 24th, 2021