Coindesk | William Foxley | March 13, 2020 So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended. The decentralized finance (DeFi) sector was hit particularly hard. The decentralized services that feed price information into these headless lending platforms – known as “oracles” in the
Elsevier | Douglas Cumming and Sofia Johan | March 15, 2020 Crowdfunding: Fundamental Cases, Facts, and Insights presents fundamental knowledge about a maturing economic field. Assembling and arranging datasets, case analyses, and other foundational materials on subjects associated with crowdfunding, it systematically, comprehensively, and authoritatively provides access to a consistent body of crowdfunding research. With
Cooley | March 13, 2020 With the constantly changing landscape and the obvious need for us all to prioritize the health and well-being of our employees, clients and business partners, it can be difficult to focus on the next steps businesses need to take to protect themselves. Cooley recently published two blog posts on the
At two gasoline stations in Scarsdale, a wealthy suburb of New York City not far from one of the nation's worst outbreaks of coronavirus, attendants whiled away the minutes on a rainy Friday morning at what would normally be their busiest time of day.
American Banker | Kevin Wack | March 12, 2020 The latest high-level hire at Social Finance is a former Jeff Bezos deputy who will oversee the San Francisco firm’s deposit, credit card and brokerage units. Maria Renz, who spent 21 years at Amazon, joined SoFi on Wednesday as an executive vice president and group business
Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the coronavirus outbreak.
The Financial Times reported Bridgewater's flagship fund is down about 20% for the year following the swift plummet from all-time highs into a bear market from stocks.
Volkswagen is preparing to suspend operations at its manufacturing plant in Bratislava, the company said on Sunday, after Slovakia declared a state of emergency due to the coronavirus outbreak.
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.
Delta Air Lines Inc said Sunday it will halt service to London from Detroit and Dublin flights from New York after the White House announced it was imposing new travel restrictions on United Kingdom and Ireland.
With supermarkets stripped of food and many other essentials, consumer product companies halted factory runs of niche items such as scented bleach in order to speed up production of more basic merchandise that is in high demand.
Only a year after losing their homes to floods in parts of Australia's north eastern coast of Queensland, people are moving into new houses built on or near the same plots.
The U.S. Federal Reserve slashed rates back to near zero, restarted bond buying and launched other measures from its crisis-era toolkit, along with other central banks, to put the floor under a rapidly disintegrating global economy assailed by efforts to contain the escalating coronavirus pandemic.
U.S. sportswear retailers Nike Inc and Under Armour Inc said on Sunday they are closing all stores in the United States to limit the spread of the coronavirus.
The Federal Reserve announced a series of coordinated monetary policy moves aimed at offsetting the economic impact of the coronavirus on Sunday night.