The Florida Treasury will divest up to $2 billion of assets that are currently under management by BlackRock because of its stance on environmental, social and governance issues, Florida’s Chief Financial Officer Jimmy Patronis said Thursday. The state Treasury will have Florida’s custody bank freeze about $1.43 billion worth of long-term securities and remove BlackRock
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Physicists have used a quantum computer to simulate the first-ever holographic wormhole and transport information through it. The “baby” wormhole, created on Google’s Sycamore 2 quantum computer was not created with gravity, but through quantum entanglement — the linking of two particles such that measuring one instantaneously affects the other. By entangling qubits, or quantum
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Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiersand enthusiasts gathered to speak about the new world of finance and cryptocurrency thats still developing. At the time, the markets were still picking up the pieces after an algorithmic stablecoin implosion which resulted
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Edwin Dorsey, a 24-year-old investing maven and author of the weekly newsletter, The Bear Cave, recently posted on Twitter that institutional trading platform, FalconX would no longer be using Silvergate Exchange Network (SEN). Dorsey shared a communication that appears to be from FalconX to its customers. The message stated: Out of an abundance of caution
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Blockchain data analytics carried out by Nansen highlights the ever-growing amount of Ether (ETH) being staked across various staking solutions in the months following Ethereum’s shift to proof-of-stake (PoS) consensus. The highly anticipated Merge has been a boon for decentralized finance (DeFi) in general, and staking solutions have been in high demand since Ethereum’s shift
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UK house prices fell more than expected in November and at the fastest pace since June 2020, as rising borrowing costs weighed on sentiment, according to mortgage provider Nationwide. House prices fell 1.4 per cent between October and November — the biggest fall since the country was in the depths of a coronavirus-related lockdown more
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Tracey Ryniec and David Bartosiak discuss what could be behind Alibaba’s decision to buy a big stake in Groupon. Here is the original Article: http://www.zacks.com/stock/news/207702/is-alibaba-crazy-for-buying-into-groupon Alibaba: http://www.zacks.com/stock/quote/BABA?cid=CS-YOUTUBE-FT-VID Groupon: http://www.zacks.com/stock/quote/GRPN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
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Puerto Rico government agencies and authorities completed their approval of extending LUMA Energy’s operation of the island’s electrical transmission and distribution system Wednesday. LUMA took over the system in June 2021 based on a short-term supplementary agreement that was supposed to be replaced by a 15-year Operating and Maintenance agreement on Thursday. However, that agreement
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The San Francisco Bay Area is well-known for its high cost of living and, more specifically, how expensive home prices are. This isn’t a new development; in fact, during the famous California Gold Rush, which began in 1848, residents of San Francisco were already complaining of how expensive things were. But, beginning with the original
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During the first week of November 2022, the Web Summit, hosted in Lisbon, Portugal, brought together over 70,000 attendees from across the globe. Perspectives on the opportunities and challenges facing business, innovation, and government were discussed. Beyond speaking engagements, the Web Summit featured pitch competitions and afterparties, including onewith DJsDavid Guetta and Armin Van Buren.
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Ending Jack Mas Ant Groups two-year-long regulatory feud, Chinese authorities will reportedly impose a fine of more than $1 billion on the billionaires fintech company. What Happened: Chinas central bank which has been driving the revamp at Ant after the Xi Jinping-led administration scuttled the company's $37 billion IPO at the last minute in 2020
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FalconX wants to correct the record. Over the weekend, Benzingaand other publications reported a $17 million USDC deposit in FalconX from a wallet attributed to Alameda Research. The crypto trading platform has since been clarified since that although the sender was marked Alameda Research, it was mislabeled. FalconX emailed Benzinga, with a spokesperson stating: $17M
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