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Biden shows Puerto Rico he cares. It may not be enough.
“People are angry. People are hurt,” said Gina DeJesus, an organizer with the activist group New York Communities for Change who is in Puerto Rico. She noted that blocks away from the Port of Ponce, where Biden met with families hit last month by Hurricane Fiona, people are using one generator to power four homes. Fewer than 10 percent of customers in the municipality of Ponce still lack electricity more than two weeks after the hurricane, but power remains unsteady throughout the island. Still, she said she was “thankful the president came and made time in his schedule to see what’s actually happening” on the island. Frankie Miranda, president and CEO of the Hispanic Federation, which co-hosted Biden’s conversation with community leaders, said people had “enormous expectations” for the pr...
Swiss data and analytics service Nuant prepares for the Q4 launch of the first unified platform for digital asset data, analytics & portfolio intelligence
Zug, Switzerland, 5th October, 2022, Chainwire Swiss-based digital asset data and analytics Fintech, Nuant, is launching a platform that solves a critical industry-wide portfolio management problem for institutional funds invested in digital assets: namely data fragmentation from exchange accounts, on-chain wallets, custodial wallets, on-chain data and market data by providing a single unified hub to manage, monitor and make accurate data-driven investment decisions for digital asset portfolios. For the first time, funds will now have access to accurate on-chain and market data, metrics, analytics and compliance tools for all current holdings as well as potential new assets into a portfolio, in one place, in real-time. The new service, which is targeted at digital asset portfolio managers,...
Talent Protocol supports the next generation of builders through the acquisition of Agora Labs
Lisbon, Portugal, 5th October, 2022, Chainwire Talent Protocol, the web3 professional community for high-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators to build and scale their communities. The acquisition will not only integrate Agora’s tech stack and community into Talent Protocol, but also onboard its young talented founders, Matthew Espinoza (CEO) and Freeman (CTO) into the team. Despite being only a year old, Talent Protocol saw this acquisition opportunity as another way of working towards its mission of supporting the builders of tomorrow. The startup – founded by Pedro Oliveira, Filipe Macedo and Andreas Vilela – has been actively enabling ways of empowering talented tech professionals who have an entrepreneurial mindset and...
Biden passes the empathy test. Puerto Rico needs more.
“People are angry. People are hurt,” said Gina DeJesus, an organizer with the activist group New York Communities for Change who is in Puerto Rico. She noted that blocks away from the Port of Ponce, where Biden met with families hit last month by Hurricane Fiona, people are using one generator to power four homes. Fewer than 10 percent of customers in the municipality of Ponce still lack electricity more than two weeks after the hurricane, but power remains unsteady throughout the island. Still, she said she was “thankful the president came and made time in his schedule to see what’s actually happening” on the island. Frankie Miranda, president and CEO of the Hispanic Federation, which co-hosted Biden’s conversation with community leaders, said people had “enormous expectations” for the pr...
Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund
After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but will remain a chief investment officer mentor and Operating Board member. As announced on Oct. 4 on Bridgewater’s corporate website, the firm and Dalio completed the necessary and required legal, regulatory and investor requirements to finish the transition procedure. From now on, the fund will be led by co-CEOs Nir Bar Dea and Mark Bertolini, and a pair of co-chief investment officers: Greg Jensen and Bob Prince. One of the most powerful figures in the global financial market, Dalio demonstrated a healthy evolution of his views on crypto. Back in 2017, he called B...
Nasdaq needs clear regulations to launch crypto exchange, says VP
Nasdaq, the American stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president. In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to the needs of retail investors. He added that his firm would continue its focus on crypto custody services that were launched on Sept. 20. Cohen also shed some light on other crypto-related services that the exchange is working on, namely building execution capabilities on the platform to move and transfer assets. The world’s second-largest stock exchange might be hesitant to launch a crypto exchange in the United States, but the f...
Middle East and North Africa are fastest-growing crypto markets: Data
Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined Middle East and North Africa (MENA) region. A new report from Chainalysis reveals that the crypto market in the MENA region is the fastest growing in the world. Transaction volume in the MENA region reveals users received $566 billion in crypto in the time frame of July 2021 to June 2022. This is 48% more than the previous year. MENA is followed by Latin America and North America with a growth of 40% and 36%, respectively. This region is made up of approximately 22 countries which include emerging markets such as Morocco, Egypt and Turkey. In these countries, the usage of cryptocurrencies finds practical use cases in savings preservation and remittance payments. In...
Bitcoin still has $14K target, warns trader as DXY due ‘parabola’ break
Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 upside target to precede new lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $20,470 on Bitstamp overnight before returning lower. The pair succeeded in maintaining the 2017 old all-time high as support, something on-chain analytics resource Material Indicators had hoped would endure as a positive sign. “BTC is still in a congested range,” it summarized in comments the day prior. “The retest of technical resistance at the 50-Day MA was rejected. Now I want to see a retest of support at the 2017 Top. Bulls may be losing momentum, but placed a buy wall at $20k to hold price up.” Material ...
Blake Shelton Sells Master Recordings Ownership to Influence Media Partners
Country hitmaker Blake Shelton has sold the ownership of his commercially-released master recordings from 2001-2019 to Influence Media Partners, the company announced Tuesday (Oct. 4). Over his career, Shelton has enjoyed 72 Hot Country Songs entries, including 14 No. 1s and 33 top 10s; 58 Country Airplay entries, including 28 No. 1s (3rd-most all-time) and 36 top 10s; two No. 1 albums on the Billboard 200; and seven No. 1 albums on Top Country Albums. The catalog sale includes tracks like “Boys ‘Round Here,” “Honeybee,” “Nobody But You” (with Gwen Stefani), “God’s Country” and “Austin,” among others. Additionally, Shelton will team up with Influence Media for a joint venture that will serve to promote his music while still allowing him to earn a share of the profit generated fro...
Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues
S. Daniel Leon, who cofounded Celsius with Alex Mashinsky in 2017, has quit his job as the bankrupt crypto lender’s chief strategy officer, CNBC reported Oct. 4, citing unnamed sources and an internal memo seen by the outlet. Bloomberg later reported receiving confirmation of Leon’s resignation from the company. Leon’s resignation comes one week after Mashinsky’s and is part of an apparently growing trend. Celsius filed for bankruptcy July 13, while it was under investigation by six American states and a month after freezing withdrawals. The company was reportedly $1.9 billion in debt at the time of its bankruptcy declaration. Mashinsky resigned Sept. 27, saying in a statement, “I regret that my continued role as CEO has become an increasing distraction, and I am very sorry about the diffi...
Three Arrows Capital fund moves over 300 NFTs to a new address
Starry Night Capital, a nonfungible-token (NFT)-focused fund launched by the co-founders of the now-bankrupt hedge fund Three Arrows Capital (3AC), has moved over 300 NFTs out of its address, according to reports. The Starry Night Capital was founded last year by Su Zhu and Kyle Davies, and pseudonymous NFT collector Vincent Van Dough. At the time, the fund planned to exclusively invest in “the most desired” NFTs on the market. Blockchain data provider Nansen on Oct. 4 on Twitter noted that the NFTs were reportedly shifted from a wallet associated with the fund, including “Pepe the Frog NFT Genesis,” which sold for 1,000 Ether (ETH) in October last year, worth $3.5 million at the time. Nansen said the NFTs previously collected by Starry Night Capital are...
Federal regulators are preparing to pass judgment on Ethereum
Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possible. The agency went on a crypto-regulatory spree in September. First, at its annual The SEC Speaks conference, officials promised to continue bringing enforcement actions and urged market participants to come in and register their products and services. Gensler even suggested crypto intermediaries should break up into separate legal entities and register each of their functions — exchange, broker-dealer, custodial functions, etc. — to mitigate conflicts of interest and enhance investor protection. Next, there was an announcement that the SEC’s Division of Corporation Finance plans to add an O...
