Preliminary data on Durables, goods that are expected to have a life of at least three years tumbled 4.5% MoM in January, registering the lowest print since April 2020. This was lower than market esti...
Tag: commercial
MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem
The cryptocurrency lending platform MakerDAO is holding a vote on a new proposal to include another commercial bank into its ecosystem. This would improve the relationship between conventional finance...
MakerDAO voting on $100M loan participation with Florida commercial bank
Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional fina...
Commercial Property Market Freezes, Sending Bond Volume Plummeting
(Bloomberg) — Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors. Most...
Deposit Coins May Be the Best Blockchain Option for Commercial Banking
JPMorgan Chase and Oliver Wyman, which is a corporation that specializes in consulting, worked together to do research on the potential applications of blockchain technology in commercial banking. The...
JPMorgan sees advantages in deposit tokens over stablecoins for commercial bank blockchains
JPMorgan Chase and consultants Oliver Wyman took a look at blockchain technology in commercial banking in a report released Feb. 9. Stablecoins and central bank digital currencies (CBDCs) have dominat...
Tether eliminates commercial paper from reserves, CTO boasts profit
Tether recently published an independent attestation report put together by accounting giant BDO Italia. The report revealed that the USDT issuer had eliminated its exposure to commercial paper as of ...
Top Stablecoin Tether (USDT) Reports $700,000,000 Profit and Zero Commercial Paper Holdings in Q4
The latest attestation report of global accounting firm BDO backs up stablecoin issuer Tether’s claim that it finally eliminated commercial paper holdings from its reserve in Q4 of 2022. BDO’s indepen...
Tether Reports $700 Mn Profit, Ends Commercial Paper Exposure
Tether Holdings Limited, issuer of the world’s largest stablecoin USDT, on Thursday reported a $700 million profit made in the fourth quarter, as per its latest attestation report. The consolidated as...
Ant-Man And Heineken Join Forces In First Super Bowl Commercial For Non-Alcoholic Beer
Paul Rudd, as Scott Lang, in an ad for the upcoming Marvel movie Ant Man and The Wasp: Quantumania … [+] and Heineken 0.0. Heineken Brewing It wasn’t that long ago that the idea of any beer comp...
Limit Break’s Upcoming Super Bowl Commercial Breaks the Paradigm for Online Gaming; Interactive Advertising
Company plans to give away thousands of NFTs (non-fungible tokens) to viewers, introducing massive audience to DigiDaigaku PARK CITY, Utah–(BUSINESS WIRE)–Limit Break, a blockchain-based Web 3 company...
Ripple’s New Commercial Released, Here’s What It’s About
Yuri Molchan Ripple giant has launched new commercial about itself and crypto overall as opposed to current financial system Contents Earlier Ripple ads and TV commercial SEC-Ripple lawsuit almost ove...
XRP Rival Stellar (XLM) Turns Green as Commercial Bank Runs Pilot Program for New Digital Currency System
XRP‘s most prominent rival is rallying this week as a Ukrainian banking giant announces the results of using its blockchain in a new digital currency system pilot program. Stellar (XLM) is a multi-cur...
US commercial bank closes crypto service over regulatory concerns
Metropolitan Commercial Bank has announced that it will be closing down its crypto business due to the regulatory environment. Uncertainty for banks The New York-based bank, which has been offering cr...
Metropolitan Commercial Bank to close crypto vertical
Metropolitan Commercial Bank’s holding company will exit its crypto asset vertical, pointing to the shifting regulatory environment for banks involved in crypto, developments in the industry and busin...
Why Prince Harry’s And Meghan Markle’s Debut As Co-Producers Of Netflix’s ‘Live To Lead’ Series Is Their First Real Commercial Test
Office workers in London, watching the Duke and Duchess of Sussex’s controversial documentary being … [+] aired on Netflix. Harry & Meghan – a six-part docuseries – dropped...
The Economic Case For Broader Representation In Commercial Real Estate
Too Diverse and Young to Lead? I was 24 years old when I was asked to lead housing research for Goldman Sachs. Eighteen months later, I was asked to co-lead the Firmwide Black Network for the Global I...
It’s Not Yet A Run, But Nervous Investors Are Beginning To Pull Money Out Of Commercial Real Estate
While specific segments of the commercial real estate (CRE) market such as industrial and healthcare are performing well, others like office and retail are alarming investors. Rising interest rates ar...
Crypto lender Ledn lays off chief commercial officer in latest industry job cuts
Crypto lender Ledn has laid off several employees amid the crypto crunch. “Several colleagues and myself were laid off at Ledn. This is my first time I got laid off,” Guido Pettinari...
Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar
The commercial branch of the Cardano (ADA) blockchain is revealing plans to launch a new fiat-backed crypto asset pegged to the US Dollar. In a new announcement, EMURGO says that it is gearing up to l...
UAE regulator adopts blockchain to speed up commercial judgments
A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments. ADGM Cour...
UAE Unveils First Blockchain-Based Commercial Court Amid Growing Crypto Adoption ⋆ ZyCrypto
Advertisement     Abu Dhabi’s financial hub aims to enhance the efficiency of commercial litigation with blockchain technology. The Gulf country is also exploring the ...
Tether Up On US Treasury Bills, Reduces Commercial Paper Holding
Advertisement     The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsi...
Palantir’s US commercial customers increased 124% year-over-year in Q3
Data analytics software company Palantir’s third-quarter earnings report showed that the company’s revenue increased by 22% year-over-year, mostly thanks to the U.S. Military, while its U.S.-based com...
One year on from Crypto.com’s Matt Damon commercial, CRO outperformed Bitcoin
The infamous Matt Damon, Fortune Favors the Brave advert for Crypto.com reached its first birthday this week. A Reddit user, u/gnarley_quinn, compiled a list of the significant Crypto.com advertising ...
Non-Residential Construction Forecast: Slowing 2023-2024
Construction in New York City (Photo by Drew Angerer/Getty Images) Getty Images Non-residential construction will shrink as the economy drops into recession sometime in the next year or so, due both t...
MRNA Stock Surges On Upgrade As Commercial Covid Market Opens
Moderna (MRNA) snagged an upgrade Friday on the likelihood it will follow in Pfizer‘s (PFE) footsteps in hiking the price of its Covid vaccine in 2023. MRNA stock jumped on the news. X Pfizer pl...
Tyler Perry, Jake Gyllenhaal And Heidi Klum; The Role Of Celebrity Endorsements In Real Estate
ATLANTA, GEORGIA – OCTOBER 05: (EDITORS NOTE: Image was shot in black and white.) Tyler Perry … [+] attends his studio grand opening gala at Tyler Perry Studios on October 05, 2019 in Atla...
Tether Says It Has Ditched Commercial Paper. It’s a Good Sign for Stablecoins.
Tether said that it no longer holds commercial paper in its reserves, favoring U.S. Treasuries instead in a move that addresses worries about the quality of assets backing the world’s most popular sta...
USDT issuer Tether no longer holds commercial paper in its reserves
Join Our Telegram channel to stay up to date on breaking news coverage Tether Holdings Limited, the issuer of the USDT stablecoin, has reduced its exposure to commercial paper to zero. By doing this, ...