Author: iannouncethis.com

Decentralized finance (DeFi) platform Pendle has achieved a significant milestone, nearing $1 billion in Total Value Locked (TVL) according to data.  This remarkable feat has been predominantly driven by a surge in interest over the last six months, propelled by the growing demand for liquid restacking tokens (LRTs). Pendle’s rapid growth Pendle, known for its innovative approach to DeFi, operates as a price discovery tool by segregating DeFi investments into principal tokens (PTs) and yield tokens (YTs). This unique model allows for the trade of future yields and principal on the open market, providing investors with the opportunity to speculate…

Wholesale inventories in U.S. rise 0.4% in December Source link

While Australians think they have got it tough trying to save for a home, South Koreans are trying to buy into one of the hottest property markets in the world. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3b7FAR3 ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It’s news when you want it, from Australia’s most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News…

The playground rivalry between Mark Zuckerberg and Elon Musk dates back years—and in who-is-cooler-than-whom terms, Mr Musk usually wins easily. As an innovator, Mr Zuckerberg, co-founder of Facebook and boss of Meta, a social-media giant, has often been dismissed as a geeky dilettante in a hoodie. He has never received the Promethean kudos Mr Musk has for turning Tesla into a stallion of electric vehicles (EVs) and SpaceX into a rocket sensation. Mr Zuckerberg is notorious for his motto “move fast and break things”, which may have helped Facebook conquer the world but gave licence to critics to cast it…

Grayscale sold over 3,000 BTCs in the last 24 hours. MicroStrategy now holds 1% of the total BTC in circulation. The most significant event for Bitcoin [BTC] is the 2024 halving, which is anticipated to happen around April. Inasmuch, BTC was undergoing notable movements ahead of the halving, characterized by both accumulations and sell-offs. Bitcoin sees accumulation and sell-off Recent data from Arkham Intelligence showed significant activity by Grayscale in the past 19 hours. Grayscale has been actively depositing multiple batches of Bitcoin into Coinbase, indicating a continuation of its sell-off strategy. AMBCrypto’s analysis of the total deposits made during…

A landlord who allowed his properties to be used as cannabis growing factories has been jailed. Jeremy Southgate, 63, installed ghost tenants into the properties, while he also ran a fake estate agent shop in Hull to cover for the drug operation – which made £11.4 million a year. The landlord used at least 17 of his 70+ Hull properties to grow the plant, aided by estate agent accomplice Florjan Kasaj. Initially the police found £74,000 worth of cannabis plants at one property, after which they carried out raids on 15 properties across the city. Some £50,000 worth of drugs…

Apple Inc. AAPL, -0.26% has scored a summary judgment in an antitrust lawsuit filed by AliveCor over heart-rate technology in the Apple Watch. Federal Judge Jeffrey White of the the Northern District of California made the ruling, which remains under seal, on Jan. 31. “At Apple, our teams are constantly innovating to create products and services that empower users with health, wellness, and life-saving features,” an Apple spokesperson said. “AliveCor’s lawsuit challenged Apple’s ability to improve important capabilities of the Apple Watch that consumers and developers rely on, and today’s outcome confirms that is not anticompetitive.” AliveCor said it plans…

Equifax, Experian, and TransUnion are the top three credit bureaus in the U.S. They are private businesses that collect and sell data on the spending and borrowing habits of individual consumers. The data is compiled into a credit report on every individual, with a score that rates the individual’s creditworthiness on a scale that ranges from “poor” to “excellent.” Whether a person’s application for a credit card, a mortgage, a car loan, or a lease is approved, and at what rate of interest, depends largely on the person’s credit rating with one or more of these credit bureaus. Key Takeaways…

CNBC’s Angelica Peebles reports on the latest news in bioscience. source

Universities have boomed in recent decades. Higher-education institutions across the world now employ on the order of 15m researchers, up from 4m in 1980. These workers produce five times the number of papers each year. Governments have ramped up spending on the sector. The justification for this rapid expansion has, in part, followed sound economic principles. Universities are supposed to produce intellectual and scientific breakthroughs that can be employed by businesses, the government and regular folk. Such ideas are placed in the public domain, available to all. In theory, therefore, universities should be an excellent source of productivity growth.In practice,…