From privacy coins to shiny iris-scanning orbs, zero-knowledge proofs have become synonymous with crypto, scalability and privacy. In 2022, investors gave over $700 million in funding to companies pushing the envelope with zero-knowledge proofs. This year, ZK-proofs has arguably become one of the biggest blockchain trends, with several major Ethereum scaling protocols hitting mainnet. ZK-proofs
The National Association of Bond Lawyers intends to play a key role in the implementation of the Financial Data Transparency Act, a contentious issue that’s been bedeviling the muni community since it was first proposed. “We are also putting together a taskforce to serve alongside our industry partners and help craft market-wide messaging around the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Gaza Strip was waiting for humanitarian aid on Thursday, a day after Israel and Egypt agreed to allow basic assistance into the south of the enclave. With US president Joe Biden warning that Israel
Standret | Istock | Getty Images Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock prices and government stimulus measures, the Federal Reserve reported Wednesday in its triennial Survey of Consumer Finances. Net worth is a measure of household assets after accounting for liabilities.
Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded increases of 3% and 6% respectively, the likes of Ethereum, Polygon and Solana saw their counts fa by 23%, 43% and
Municipals faced more pressure Wednesday and two billion-dollar-plus deals for Connecticut and the New York City Transitional Finance Authority saw yields rise up to 12 to 13 basis points from Tuesday’s retail pricings while the third consecutive week of $2 billion plus outflows were reported. U.S. Treasuries saw more losses and equities sold off. Triple-A
Bitcoin (BTC) is up over 70% so far in 2023, helped by a banking crisis and hopes about a spot BTC exchange-traded fund (ETF) approval in the United States. BTC/USD daily price chart. Source: TradingView So, will Bitcoin price continue to climb for the rest of 2023? Cointelegraph takes a look at its chances and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US president Joe Biden landed in Israel on Wednesday amid a storm of recriminations over an explosion at a hospital in Gaza that, according to Palestinian officials, killed hundreds of people and inflamed tensions in
Ethereum restaking — proposed by middleware protocol EigenLayer — is a controversial innovation over the past year that has some of the brightest minds worried about the potential ramifications. Restaking involves reusing staked or locked-up Ether tokens to earn fees and rewards. The restaked tokens can then help secure and validate other protocols. Proponents believe
M. Elizabeth Walker and Jerimi J. Ullom have joined law firm Barnes & Thornburg’s Indianapolis office as healthcare and public finance partners. The pair moved over from national healthcare-focused Hall Render after more than 15 years there, according to Barnes & Thornburg. “Elizabeth and Jerimi’s legal prowess in the nonprofit healthcare financing arena is a
Staying in a 5-star hotel is quite the sensory experience. The look, the feel, the smell, the sound (or lack thereof) can create a bedroom environment that you never want to leave. However, you can recreate the same level of lavishness at home. Jay Kallos, SVP of architecture at Ashton Woods in Atlanta, GA, tells
Amid a busy new-issue day, munis could not help but follow a U.S. Treasury selloff that was led by stronger economic data, reaffirming that rates will remain higher for longer. Equities were down late in the session. “The ‘higher for longer’ interest rate narrative continues to have a significant impact on all fixed income markets,”
Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest. Uploading his latest BTC price estimates to X (formerly Twitter) on Oct. 17, popular trader and analyst CryptoCon deduced a two-year target of around $130,000. Multiple BTC price forecasts converge on $130,000 in 2025 Bitcoin market participants
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jordan has warned that the Middle East is at the edge of an “abyss”, as diplomatic activity intensifies to prevent the Israel-Hamas war from spiralling into a regional conflict. King Abdullah of Jordan delivered his
Connor Crews has rejoined the McGuireWoods public finance team in Raleigh after teaching for more than three years at the University of North Carolina’s School of Government. Crews will work on all aspects of public finance transactions, including governmental financings and financings for non-profit organizations. During his tenure at UNC, he taught local and state
Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third-party vendors got compromised. TrueCoin was the operator of the TUSD stablecoin till July 13, 2023. On Oct. 16, a third-party vendor’s security team informed TrueCoin of “an anomalous account change within [TrueCoin’s] organization
In this article .HSI 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing | Getty Images All of Country Garden‘s offshore debt could potentially be in default if the Chinese property developer
Municipals were weaker Monday, rising in sympathy with U.S. Treasuries. Equities rallied. Triple-A benchmarks were cut up three to eight basis points, depending on the scale, while UST yields were up four to nine near the close. The two-year muni-to-Treasury ratio Monday was at 70%, the three-year was at 70%, the five-year at 71%, the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hospitals in Gaza are likely to run out of fuel within 24 hours, putting the lives of thousands of patients at “immediate risk”, the UN warned as Israel lays siege to the enclave in response
“We’re contorting ourselves to pass through the keyhole of tyranny.” Edward Snowden’s words to the audience at the packed Genesis Stage hall at Bitcoin Amsterdam stressed the preeminent cryptocurrency’s ever-increasing importance in a world beset by creeping government surveillance, devaluing fiat currencies and restrictive policies. The renowned whistleblower’s address summed up a recurring theme during