The total value locked (TVL) on the Solana chain has plummeted 32.4% in the last 24 hours, as news stemming from the collapse of FTX has sent waves through the crypto ecosystem. According to DefiLlama, at the time of writing, Solana’s TVL has fallen to $423.68 million, down 32.4% in the last 24 hours, a
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In this article SPGI Follow your favorite stocksCREATE FREE ACCOUNT Consumer inflation may have come down slightly in October as goods prices declined, but prices for services and rents are expected to continue to climb. Economists expect the October consumer price index rose 0.6% from September, or 7.9% from a year ago, up from 0.4%
Democrats Erick Russell and James Diossa won open-seat campaigns for the state treasurer’s offices in Connecticut and Rhode Island. Russell will replace Connecticut State Treasurer Shawn Wooden, who didn’t seek re-election, and Diossa will replace Rhode Island General Treasurer Seth Magaziner, who ran for and won a seat in the U.S. House of Representatives. Russell,
Like the children’s modern classic Rabbit Hill, whose name it borrows, newly constructed Rabbit Hill Lodge is set in Westport, Connecticut. And the modern farmhouse, sited to take in sunsets and views of the Saugatuck River, does have its share of bunnies roaming the broad lawns of the tree-surrounded 2-acre site. All it’s waiting for
Control of the US Congress hung in the balance on Wednesday after Democrats put up an unexpectedly strong fight in the midterm elections, while Republicans insisted they were on course to take back at least the House of Representatives. Republicans notched up a string of convincing victories, particularly in Florida, where governor Ron DeSantis cruised
Voters in New York State approved the $4.2 billion Clean Water, Clean Energy, Green Jobs Environmental Bond Act bonds on Tuesday’s ballot. San Diego Unified School District voters approved $3.2 billion for facility and safety improvements. Austin Independent School District, Texas, voters approved a $2.44 billion bond package including $2.316 billion for general purposes, $75.5
Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows. BTC price sets new two-year low Data from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept the mood low. After initially rebounding over $20,000 on news that the embattled FTX
Republicans appeared poised to take control of the House of Representatives but the Red Wave many expected heading into the midterm elections seemed to fade as results trickled in late Tuesday. While many House races won’t be called for a day or two, Republicans were projected to have gained at least six seats late Tuesday,
Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings. In a Nov. 8 Twitter post, Zhao pledged to implement a Proof-of-Reserve mechanism at Binance to provide “full transparency” through the use
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Federal Reserve Bank of Richmond President Thomas Barkin said the U.S. central bank will “persist” in its efforts to bring high inflation under control. “Inflation should come down. But don’t expect its drop to be immediate or predictable,” he said during an event Monday hosted by his bank. “Our rate and balance sheet moves take
The recent concerns related to the volatility of FTX Token (FTT) seeped into FTX CEO Sam Bankman-Fried’s other business operation, Alameda Research, as the BitDAO community requested information about Alameda’s BitDao (BIT) holding commitment. On Nov. 2, 2021, BitDAO swapped 100 million BIT tokens with Alameda in exchange for 3,362,315 FTT tokens with a public
A plan by ministers to review or repeal all EU laws on the UK statute book by the end of 2023 has suffered another setback after the discovery of 1,400 additional pieces of legislation. Rishi Sunak has started backing away from his ambitious proposals to scrub Britain’s statute book of unwanted EU laws, by abandoning
If you’re looking to invest your money, such as your investment capital and you want some exposure to the stock market in hopes of your money appreciating but you’re a little more hands-off – you might have been looking at mutual funds. I want to explain the differences between Mutual Funds, Index Funds, and ETFs
A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage
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In this article FIVN TRIP TTWO LYFT Follow your favorite stocksCREATE FREE ACCOUNT A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20,
Municipals were little changed and lightly traded ahead of the midterm elections while U.S. Treasuries were weaker across the curve and equities improved. Triple-A yields were little changed to a basis point or two firmer 10 years and out while the U.S. Treasury two-year climbed to another high not seen since 2007. Muni to UST
Topline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay off thousands of workers in recent
The Bond Buyer is the only resource you need for election coverage. We will have results of the major bond votes and coverage of the races that matter to the municipal market beginning early Wednesday morning. Our election module will be right below the Latest module on the left rail of our home page. Be