Loading… Loading… Loading… Crypto social startup Sleek raised a fresh round of capital. What Happened The company announced a $5 million seed round, taking its total valuation to $50 million. The funding was realized through an agreement for future tokens (SAFT), The Block reported citing Sleek co-founder Tania Tse. Binance Labs, Shima Capital, Spartan Group,
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Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers claim. The settlement involved Binance agreeing to Justice Department and Treasury compliance monitors for up to five years, allowing the agencies sweeping powers to keep the exchange in line
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A firm tone and hearty appetite from investors was evident Wednesday as the municipal market prepared for a shortened week due to the Thanksgiving holiday. U.S. Treasuries were mixed and equities were better. The two-year muni-to-Treasury ratio Wednesday was at 63%, the three-year at 64%, the five-year at 65%, the 10-year at 67% and the
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Former Sterlington, Louisiana, Mayor Vern Breland has, without admitting or denying the findings, agreed to pay a $35,000 civil penalty in addition to a permanent bar from future municipal securities offerings following his role in providing false projections to the Louisiana State Bond Commission in connection with two offerings worth $5.8 million, the Securities and
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An Oklahoma law prohibiting state and local government contracts with companies that “boycott” the fossil fuel industry is the target of a lawsuit, claiming the measure prevents public employee pension funds from performing their constitutional duty to operate for the exclusive benefit of their beneficiaries. The case filed in Oklahoma County District Court this week
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Wisconsin has released a request for qualifications from firms willing to serve as bond underwriters in either a senior manager or co-manager capacity. The state Capital Finance Office will set up pools of qualified investment banking firms, which it will use to designate underwriting syndicates effective through Dec. 31, 2026. Clarifications are due by noon
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Question: What could turn office-bound wage earners into digital nomads faster than a fully equipped Winnebago? Answer: The Covid-19 pandemic, of course. Covid liberated once-inert employees to move freely and work where they chose. For many, what they chose was the chance to travel widely, working from hotels and other hospitality industry settings. Marrying work
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Nearly 60% of Americans believe money can buy happiness — but the price tag varies widely between generations, according to a new poll. Millennials born between 1981 and 1996 have the loftiest financial standards, requiring an annual salary that tops $525,947 to “feel happy,” according to financial firm Empower, which surveyed more than 2,000 American
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Loading… Loading… Loading… Ashok Venkateswaran, Mastercard Inc.'sMA lead for blockchain and digital assets in Asia-Pacific, on Friday assertedthe current landscape doesn't provide sufficient grounds for the widespread adoption of central bank digital currencies (CBDCs), makingbroad implementation challenging. Speaking at the Singapore FinTech Festival, Venkateswaran highlighted the necessity of seamless spending capabilities for CBDCs, akin to
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