Federal

Gome Fin Tech Announced Annual Results of 2023

  Commercial Factoring Progresses Despite Stability Diversified Businesses Ready for Development HONG KONG, Mar 29, 2024 - (ACN Newswire) - Gome Finance Technology Co., Ltd.(Stock Code:628.HK,“Gome Fin Tech”or “the Company”,with its subsidiaries,the“Group”), announced its audited annual results for the year ended 31 December, 2023 (the “Reporting Period”). In 2023, the global geopolitical risks are frequent, the lack of economic recovery momentum and the widening trend of differentiation among countries are highlighted, and the risk spillover from European and US banks under the global high interest rate environment also casts a

Alexa Tsui Appointed Chief Operating Officer of G2Xchange

Alexa Tsui Appointed Chief Operating Officer of G2Xchange Washington DC - G2Xchange, the leader in providing industry news, insights, and market intelligence for the US federal contracting sector, is proud to announce the appointment of Alexa Tsui as its new Chief Operating Officer (COO), effective January 2nd, 2024. Ms. Tsui, a seasoned professional with a career spanning nearly 20 years in leadership roles supporting strategic growth initiatives, brings a wealth of expertise to G2Xchange based on her demonstrated commitment to excellence, her long-standing industry relationships, and a deep understanding of

Dynamic Coalition on Blockchain Assurance and Standardization (DC-BAS)

Introduction Blockchains are a promising technology with the potential to transform many industries. However, there are still challenges that need to be addressed before blockchain solutions can reach their full potential. Blockchains are important because they can be used to create secure and transparent systems. For example, blockchains can streamline the delivery of public services to underserved communities and populations, strengthen transparency and integrity for public services, and ultimately build trust amongst all stakeholders. As blockchain technology continues to develop, it is likely to have a major impact on the

Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Pawswap: The Future of Decentralization on Shibarium

Have you heard of Pawswap? If you are a Shiba Inu hodler, you should be familiar with Pawswap, an upcoming decentralized exchange created to make crypto trading accessible to everyone. Pawswap is inspired by the Shiba Inu and is built on Shibarium, an upcoming Layer 2 blockchain, focused on increasing transaction speed and lowering costs to grow the Shiba Inu ecosystem. Are you prepared for the biggest game-changer yet? Pawswap is ready to change your cryptocurrency trading experience, so let's get started right away! What is Pawswap ($PAW)? Pawswap’s innovative

Paribus. After the storm.

If the global financial system is an ocean and the ships on it represent the different markets, crypto would be the equivalent of a small boat tossed around by the storms we’ve experienced this year. Whatever happens with the development of the technology it’s impossible to avoid the effects of global shifts as we saw last week with the Federal Reserve’s latest rate hike. Even though the news from the Fed was exactly what markets had anticipated and priced in, the response was turbulent which caused more moves to the

The Maven Federal Credit Union (MFCU) & GBA make blockchain history

The Maven Federal Credit Union (MFCU), the first blockchain-based credit union, is being established and sponsored by the Government Blockchain Association (GBA) designating the field of membership be GBA members. Takeaways The Federal Credit Union Act is ideal for blockchain-based financial systems Credit unions exist outside the banking and the SEC jurisdiction Credit unions are managed via consensus of members Blockchain-based credit unions run on an app, making them ubiquitous The purpose of the Federal Credit Union Act of 1934 was to make credit available to all Americans and promote

ChannelFireball to host 3-day Magic: The Gathering event in Las Vegas

In-person Magic: The Gathering is returning to Las Vegas just in time for Innistrad: Crimson Vow in November when ChannelFireball hosts a $50,000 event. Scheduled for Nov. 19 to 21, the event will feature two $25,000 main events in both Crimson Vow Sealed and Modern. Each event will be packaged with a slew of side activities from Drafts, Commander pods, and vendors. The weekend held at the Las Vegas Convention Center will require proof of COVID-19 vaccination or a negative test within 48 hours of the event. Masks are required.