Record Wildfires Threaten to Wreak $200 Billion in Global Damage
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Finance
Emissions From London Rubbish Will Be Buried Under Norwegian North Sea
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South Africa Must Cut Red Tape to Close Energy Gap, ANC Suggests
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Lido Finance’s stETH/ETH Ratio Runs Depegging Risk, Analyst Says
Earlier on today, Wu Blockchain tweeted that the ETH/stETH has seen many users exchanging their stETH into ETH. However, Lido Finance maintains that the stETH/ETH pool is still safe. The threats come after UST stablecoin, which is pegged to the dollar in a 1:1 ratio, lost most of its value and investors. stETH Leveraged Staking …
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21Shares Unveils Two ETPs Tracking DeFi and Layer-1 Blockchains
21Shares has announced the launch of two new exchange-traded products (ETP) with ticker symbols LAY1 and DEFII, to offer investors exposure to decentralized finance (DeFi) solutions and the leading layer-1 blockchains that form the technical foundation of the DeFi space. 21Shares’ Layer1 ETP is now listed on the SIX Swiss Exchange, while the DeFi 10 …
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BiFarms Network Announced the Launch of the Decentralized Multichain Yield Optimizer Platform and Tier-less Launchpad Ecosystem
BiFARMS has announced the launch of the all in one decentralized finance yield optimizer platform that’s focused on providing high yields on crypto assets. BiFARMS aims to simplify this process by creating a seamless and streamlined process for users to earn a rewardingly high yet modest APR in the easiest and safest way while ensuring …
Mangata Finance’s Polkadot-based Efficient, MEV-Free DEX Coming June 6th
Mangata Finance, the Polkadot-based DEX, is all set for launch on June 6th. Recently, it had a successful crowdloan that was closed in just under an hour that secured it a slot on Polkadot’s innovation network Kusama. Over $2 million in value was bonded through the crowdloan, a process of staking Polkadot (DOT) tokens to …
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Starbucks Baristas Are Unionizing (Podcast)
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Activist investors are becoming tamer
“WHEN WE GO at ’em,” Carl Icahn growls, proudly, “we go at ’em.” After decades as chief executives’ number-one tormentor, the 86-year-old’s disdain for them has softened only a tad. “I wouldn’t call them buffoons,” he told Schumpeter recently, “but, with many exceptions, they are in way over their heads.” Mr Icahn continues to browbeat …
Coupang’s high hopes of overcoming high hurdles
COUPANG’S OFFICES in Seoul afford a view of the South Korean e-merchant’s promise. Every dawn the forest of high-rise apartment blocks teems with its vans dropping off orders made the night before. This self-styled “rocket delivery”, and Koreans’ love of it, fuelled Coupang’s stratospheric rise. When it debuted on the New York Stock Exchange in …