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Alex

DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins

DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins

Key Takeaways Frax Finance is an on-chain protocol that mints and manages the FRAX stablecoin. FRAX maintains its peg through a dual collateral-backed and algorithmic mechanism, making it more scalable and capital efficient than overcollateralized stablecoins. Frax also utilizes Algorithmic Market Operations to generate revenue and ensure the protocol is more secure and robust. Frax …

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El Salvador: Finance Minister Says Time Still Not Right for Bitcoin Bond Launch

El Salvador: Finance Minister Says Time Still Not Right for Bitcoin Bond Launch

El Salvador authorities have stated once again that a suitable time for the launch of the country’s highly anticipated $1 billion Bitcoin Bond has not arrived. Salvadoran finance minister Alejandro Zelaya says the current market downturn partly triggered by the raging Russia-Ukraine war makes embarking on such projects unfeasible, reports The Block on June 3, …

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2022 NBA Finals schedule, scores: Celtics-Warriors dates, times, TV channel as Golden State evens series

2022 NBA Finals schedule, scores: Celtics-Warriors dates, times, TV channel as Golden State evens series

The Golden State Warriors have tied the 2022 NBA Finals against the Boston Celtics. The Warriors took care of business in Sunday night’s Game 2, as Stephen Curry led a second-half charge to make the series, 1-1. The Celtics, who took Game 1 on Thursday, will host Game 3 on Wednesday night. All available dates …

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‘The Boys’ Star Nathan Mitchell Revealed the Answer to a Major Black Noir Mystery

‘The Boys’ Star Nathan Mitchell Revealed the Answer to a Major Black Noir Mystery

The Boys Presents: Diabolical major spoilers follow. The Boys star Nathan Mitchell has finally given an answer to fans’ burning question about his character. Mitchell plays deadly Black Noir in the Prime Video series, but his character recently made an appearance in the spin-off The Boys Presents: Diabolical that left many reeling with theories. In …

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Key questions Meta’s ads team must answer as it enters a new era

Key questions Meta’s ads team must answer as it enters a new era

The exit of Meta’s chief operating officer Sheryl Sandberg is undoubtedly a momentous moment in its history, a departure that comes as the social media giant seeks to mold its next incarnation in the metaverse. In a 14-year run at the highest echelons of Facebook, Sandberg “architected our ads business” according to the company’s founder …

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Media Buying Briefing: Sustainability once again takes center stage across digital media

Media Buying Briefing: Sustainability once again takes center stage across digital media

Late last week, a coalition of governmental organizations, academics and private sector companies banded together at an environmental conference to form the Coalition for Digital Environmental Sustainability (CODES), to engender a “green revolution,” as its announcement blared.  To paraphrase from the movie Lord of the Rings: The Two Towers — looks like sustainability’s back on the …

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‘TikTok is one of the places where culture is created’: As TikTok popularity swells, Silk looks to tap growth

‘TikTok is one of the places where culture is created’: As TikTok popularity swells, Silk looks to tap growth

Plant-based food brand Silk is pouring efforts into TikTok for the first time, as the 45-year-old brand looks to refresh itself and appeal to younger, more diverse shoppers.  As TikTok grows in popularity, the short-form video app is quickly becoming a staple in advertisers’ social spend. This year in the US, TikTok is expected to …

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