Defi

Share to Twitter Share to Linkedin What Happened Over the last few months, traditional funds and asset issuers have launched programs to tokenize alternative assets via public crypto networks. Recent asset issuances have renewed interest in bringing real-world assets (RWAs) on-chain, and galvanized new opportunities for yield generation within decentralized finance (DeFi). Private-equity firm Hamilton Lane partnered with Securitize, a digital asset issuance platform, to tokenize a portion of its $2.1 billion flagship equity fund on the Polygon network. The fund requires a minimum investment of $20,000, far below the typical minimum buy-in of $5 million for private-equity investors. Hamilton Lane is one of the largest private-equity managers, having invested over $37 billion in private markets in 2021. It manages $824 billion of assets. Similarly, the Monetary Authority of Singapore (MAS) announced Project Guardian, a pilot program to tokenize … [Read more...] about Tokenized Real-World Assets Are Bringing New Yield Opportunities To DeFi

Roblox shares soared 25 percent on Wednesday as the gaming platform popular with kids and teenagers topped quarterly bookings estimates after a focus on attracting wider audiences helped it defy a sector-wide slowdown from pandemic peaks. Its shares hit $44.18 and were on track for their best day in more than a year, adding about $5 billion to the company’s market valuation. Roblox – known for titles like heist game “Jailbreak” and role-play experience “MeepCity” – has tapped new markets and spruced up in-game features such as live concerts by partnering with artists including Elton John and David Guetta. The initiatives have given Roblox an edge over legacy video-game publishers Take-Two Interactive and Electronic Arts – both of which delivered dour forecasts as they struggled to attract users in a weak economy . “One of the main competitive advantages Roblox has over other platforms and media types is the broad range of content … there are titles compatible with nearly … [Read more...] about Roblox shares soar as earnings defy gaming slowdown fears

More than 20 years after revered Thai monk Luang Phu Woraphon Thawitan passed away, his body remains displayed in a glass case at his temple in Khon Kaen province, northeast Thailand . Not only has the deceased monk’s body not decomposed – defying science – but his skin has turned emerald green , reports Sanook . Yesterday, Phra Khru Sri Pattarasan, the current abbot of Chumphon Temple in Waeng Noi district, told reporters about the former abbot’s miraculous powers which have lived on after death. On January 18, 2001, Luang Phu told Phra Khru that he would no longer be at the temple by the end of the rainy season. Phra Khru asked him where he was going, and the elderly monk said it was time for him to die. On May 20, the monk passed away at 101 years old. The abbot said that the monks tried to burn Luang Phu’s body, but it “wouldn’t burn.” So, they placed his body in a simple glass coffin. The monks didn’t move Luang Phu into an air-conditioned “cold coffin” until … [Read more...] about Revered Thai monk’s body defies decomposition 20 years after death

Share to Twitter Share to Linkedin Your data glut is only going to grow, but you can make it work for you with an intentional multicloud strategy. Among the major concerns CIOs have shared with me in recent years has been the proliferation of applications and services across their complex IT environments . These captains of enterprise IT run startling amounts of critical business-critical software, not to mention intelligent infrastructure and cybersecurity tools and experimental apps across a mix of on-premises systems and various clouds. Increasingly, this includes multiple public cloud providers, the choice du jour . These uneasy CIOs told me that the more apps they poured onto these public cloud platforms, the greater the recurring costs. And as they stitched more cloud apps together, they found they needed to run many of them across multiple clouds , sometimes based on compliance requirements abroad. Aside from the monthly clouds bills … [Read more...] about The CIO Playbook For Defying Data Gravity

Share to Twitter Share to Linkedin Topline Democrat and Florida Agriculture Commissioner Nikki Fried said Monday she plans to ignore a directive from Republican Gov. Ron DeSantis to lower flags in the state to half-staff to honor the late conservative talk radio icon Rush Limbaugh, saying that doing so should not be “a partisan political tool.” Key Facts DeSantis said Friday flags would be lowered to half-staff in honor of Limbaugh, who died Wednesday of complications related to lung cancer, when the date of his interment is announced . DeSantis’ move to honor the polarizing talk radio host, whose controversies once included a segment mocking people who died of AIDS, was slammed by other Florida Democrats, including Rep. Debbie Wasserman Schultz. DeSantis’ office did not respond to a request from Forbes for a response to Fried’s decision. Crucial Quote “I will notify all state offices under my direction to disregard the … [Read more...] about Florida Ag Commissioner Won’t Lower Flags For Rush Limbaugh, Defying Gov. DeSantis’ Order

Share to Twitter Share to Linkedin Italian cook and TV personality Giada De Laurentiis is grateful for her Italian family, which provided her with inspiration and a love of everything Italian. That affection was channeled into Giadzy, a business that initially launched in 2016 and is in the process of being reimagined. Helping De Laurentiis expand the business, Neil Sequeira, founding partner at defy.vc., a venture capital firm, is providing funding to help refine and redefine Giadzy, and De Laurentiis has big plans for the business whose moniker is her childhood nickname. With a new deal for content on Amazon, De Laurentiis has the chance to grow Giadzy into a billion dollar business, according to Sequeira. “I think I'm lucky enough to have come from a giant Italian family who loved and really was deeply into our culture,” De Laurentiis said. “Even though I moved here with my family when I was 7 years old, when it came to dinner, when it came to parties, … [Read more...] about Giada De Laurentiis Leans Into Her 5 Million Fans With Giadzy, A New Multi-Pronged Venture

Share to Twitter Share to Linkedin Thomas Lim is the COO of Technicorum Holdings, a Web 3.0 Coach & Dean with Thrive Consulting and Master Trainer: PEARLS Coaching Framework. The latter half of 2022 saw some volatility in the Web3 space, and some might have wondered if this spelled the end of Web3. In fact, the blockchain and Web3 revolution are in full swing and on the cusp of creating entirely new digital landscapes. Beyond the more familiar aspects such as the metaverse, one of the more exciting aspects of this new era is the rise of decentralized exchanges (DEXs) and non-fungible tokens (NFTs). These services offer powerful tools for managing digital assets and can help businesses unlock tremendous value and achieve market penetration. How might organizations leverage DEXs and NFTs as part of their business strategy? A decentralized exchange (DEX) is an online platform that enables users to trade digital assets without a middleman or … [Read more...] about Unlocking The Power Of Blockchain Tech

Share to Twitter Share to Linkedin Every year during Women's Month we celebrate the contributions of women, and reflect on the progress and the work that still needs to be done to achieve gender equality. It is no secret that women have historically faced greater barriers than men when it comes to fully participating in the economy, despite the proven fact that society at large greatly benefits from increasing employment and leadership opportunities for women. Women bring unique perspectives and skills to the table, and when they are given a seat at the table, everyone benefits from their contributions. Many of us are familiar with Rosa Parks, Malala Yousafza, Madam C. J. Walker, Frida Kahlo. But do you know those who are writing the next chapter of our history? Below are some trailblazing women-leaders who are distributing their industries and advocating for change. Jamila Abassountry, Techpreneur, Director, GiveDirectly, Morocco Jamila Abass … [Read more...] about Women’s History Month – Trailblazing Women Who Are Disrupting Industries & Advocating For Change

A new Utah law will require the father of an unborn baby to pay half of the costs of the pregnancy. HB 113 requires that the father of the unborn baby pay 50% of the mother’s insurance premiums during the pregnancy, as well as “pregnancy-related medical costs, including the hospital birth of the child, that are not paid by another person.” If the paternity of the father is questioned, the father will not be required to pay the mother’s expenses until paternity has been established. (RELATED: Utah Bill Requiring Porn Blockers On Phones Heads To Governor’s Desk) Republican Utah Gov. Spencer Cox signed the law , Shared Medical Costs, into law March 16 after the legislation received widespread support from the state’s lawmakers, according to CBS News . The legislation was sponsored by Republican state Rep. Brady Brammer and will go into effect in May. Under HB 113, unless the mother needs an abortion to save her life or in cases of rape or incest, the father will owe … [Read more...] about New Utah Law Requires Biological Fathers To Pay 50% Of Mother’s Pregnancy Costs

Share to Twitter Share to Linkedin The collapses of Silicon Valley Bank and Signature Bank have prompted people—in droves—to withdraw their savings from small and regional banks and deposit the funds into too-big-to-fail financial institutions and cryptocurrency investments. Bank of America, JPMorgan, Citi, Wells Fargo and crypto were the beneficiaries of this banking calamity. Before the United States Department of Treasury, Federal Reserve Bank and Federal Deposit Insurance Corporation enacted measures to backstop the banks , there was a palpable fear of a banking crisis with a substantial number of banks closing their doors. The possibility of a large-scale financial contagion buttressed the arguments of bitcoin and crypto enthusiasts asserting that decentralized systems offer safety, as they are not tied to the entire banking and financial system. As the banking sector was under pressure and the stock market plunged, bitcoin prices and … [Read more...] about Crypto Jobs Look More Attractive In The Aftermath Of Banking Failures