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Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgraded Chinese property developer Shimao Group Holdings on Wednesday based on expectations that the company will find it harder to repay investors on time. The move
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On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs Gets $3 Million in Funding From Strategic Investors Mrgn Labs has revealed
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On Wednesday, decentralized finance (DeFi) detective Zachxbt published a long thread on Twitter about TreasureDAO’s front-end engineer Just Cheese, or JC, and his alleged past involvement in several nonfungible token (NFT) projects. According to its white paper, TreasureDAO is a “decentralized NFT ecosystem on Arbitrum that is built specifically for metaverse projects.” Listed projects use
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Municipals were mixed Wednesday even as U.S. Treasuries and equities sold off amid intensifying tensions over the Russia-Ukraine crisis. Municipal triple-A yields were unchanged on the Refinitiv MMD scale while experiencing up to two basis point cuts outside 10 years on ICE Data Services’ curve and two basis point bumps inside of 5 years on
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The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace. Early Wednesday, CertiK issued a community alert regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to $293,000 worth of funds being stolen. Shortly after the incident, CertiK
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After almost two years of increasing demand, housing starts are poised to decline in coming months. This is among factoids divulged in newly released housing industry data, including LegalShield Economic Stress Index and Magnetic Collective/Century 21 findings regarding the pandemic’s effects on the real estate market. The dichotomy of elevated demand and moribund sales is
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A legal battle between the Missouri attorney general and dozens of school districts over mask mandates could strain ratings, S&P Global Ratings warns. Missouri Attorney General Eric Schmitt warned school districts in a letter Dec. 7 of potential enforcement actions if they continued to enforce local health mandates thrown out in November in a ruling
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Municipals were mixed on Tuesday with U.S. Treasuries providing little guidance while equities sold off on increasing concerns over Ukraine and Russia. Municipal triple-A yields were unchanged on Refinitiv MMD and Bloomberg BVAL scales while experiencing up to three basis point bumps on the long end of ICE Data Services’ curve and two basis point
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Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday the stock market may have “another couple days of this uncertainty,” until it becomes clear whether Russia will invade Ukraine or whether Moscow will stop with recognizing the independence of Luhansk and Donetsk, two breakaway regions there. “The market needs to get a little
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Vexin Français Regional Nature Park is an unspoiled expanse of woods, meadows, villages and rivers crisscrossed with walking trails. Set between Paris and Normandy, its natural beauty was the inspiration for Impressionists such as Vincent Van Gogh, Paul Cézanne and Charles-François Daubigny, among others. This 15th-century chateau sits at the edge of the parkland, which measures 71,000 hectares
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The Trump International Hotel, Washington D.C. Janhvi Bhojwani | CNBC A House committee urged a federal agency Thursday to consider terminating the lease on a Washington, D.C., hotel held by former President Donald Trump and his business. The House Committee on Oversight and Reform cited accounting firm Mazars’ recent announcement that it is dropping the
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Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia’s expected incursion into Ukraine triggered more market woes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold comes to the rescue as Bitcoin wavers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $36,400 on Bitstamp overnight Tuesday, its lowest since Feb.
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