situations

Gome Fin Tech Announced Annual Results of 2023

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Time Stamp: April 1, 2024 1:22 PM - Modified On: April 1, 2024 - Published By:
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  Commercial Factoring Progresses Despite Stability Diversified Businesses Ready for Development HONG KONG, Mar 29, 2024 - (ACN Newswire) - Gome Finance Technology Co., Ltd.(Stock Code:628.HK,“Gome Fin Tech”or “the Company”,with its subsidiaries,the“Group”), announced its audited annual results for the year ended 31 December, 2023 (the “Reporting Period”). In 2023, the global geopolitical risks are frequent, the lack of economic recovery momentum and the widening trend of differentiation among countries are highlighted, and the risk spillover from European and US banks under the global high interest rate environment also casts a

A New Era of Ownership

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Time Stamp: March 12, 2024 6:15 AM - Modified On: March 12, 2024 - Published By:
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  Months ago, the mainstream media wrote articles about how crypto was dead and that there would never be another bull run. Wild predictions of Bitcoin going to zero sought to instill fear in people so they would turn away from the markets and invest in more traditional assets. Yet, despite the doomsday prophecies, Bitcoin has surged to new heights, defying expectations even before the halving takes place. The media has quickly forgotten its failed predictions and instead turned its attention to the NFT market, echoing similar skepticism. Several articles

A Note On Charity Through Marginal Price Discrimination

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Time Stamp: February 2, 2024 11:17 AM - Modified On: February 2, 2024 - Published By:
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Vitalik Buterin via the Vitalik Buterin Blog Updated 2018-07-28. See end note. The following is an interesting idea that I had two years ago that I personally believe has promise and could be easily implemented in the context of a blockchain ecosystem, though if desired it could certainly also be implemented with more traditional technologies (blockchains would help get the scheme network effects by putting the core logic on a more neutral platform). Suppose that you are a restaurant selling sandwiches, and you ordinarily sell sandwiches for $7.50. Why did

The Tightrope of Regulation

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Time Stamp: September 26, 2023 7:09 AM - Modified On: September 26, 2023 - Published By:
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In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Paribus : Timing is everything

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Time Stamp: February 5, 2023 11:19 AM - Modified On: February 5, 2023 - Published By:
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Timing is Everything New York Yankees player, Yogi Berra famously said, “You don’t have to swing hard to hit a home run. If you got the timing, it’ll go.” In all walks of life, the same is true. Timing can be as much of a blessing as a curse. Being too far ahead of the curve can be as harmful as being too late to the party. At present, the crypto market is experiencing a pump that permabears are calling a relief rally while permabulls are calling it the start

Paribus 2023 Roadmap

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Time Stamp: January 28, 2023 4:09 AM - Modified On: January 28, 2023 - Published By:
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A Bright Future Ahead As the new year begins most people use this time to review their past achievements and recalibrate their aims for the future. At Paribus we’re no different, and this gives us the opportunity to add more details to our roadmap based on our latest developments. The first thing to note about our updated roadmap is that there are no dates. In our journey, we’ve found that giving public dates can often be counter-productive. Although we use dates as internal targets, these are often flexible and adapt

Broadhill Capital Announces its Capital Deployment Strategy for 2023.

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Time Stamp: January 24, 2023 7:58 AM - Modified On: January 24, 2023 - Published By:
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Los Angeles CA January 24, 2023.  Broadhill Capital announced today that the firm will target to commit equity investment of USD $15 Billion across approximately 100-150 businesses.   “We expect to make non-control equity investments into businesses that have the potential to achieve 5-10x revenue growth with our capital commitment” stated investment committee member Francis König.  “We separate ourselves by our willingness to assist businesses in situations that often appear high risk to more conservative investors.”  Investment commitments are expected to range between USD $50 Million to $5 Billion per company,

Interesting Times

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Time Stamp: September 22, 2022 1:50 PM - Modified On: September 22, 2022 - Published By:
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A few months ago the markets were confident we were approaching the end of big interest rate hikes and that after the summer central banks such as the US Federal Reserve would begin to ease their monetary policy. However, due to persistently high inflation, especially core inflation, the markets have adjusted their view which goes some way to explaining the recent crypto market volatility. As cryptocurrency is touted as an inflation hedge and an alternative form of money, users are often confused or surprised to discover that over the short

Money is Power

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Time Stamp: September 10, 2022 4:32 AM - Modified On: September 10, 2022 - Published By:
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The politician Benjamin Disraeli once said, “Money is power, and rare are the heads that can withstand the possession of great power.” Understanding that powerful nations have the ability to control world events through monetary policy helps to explain why regulators take such a strong interest in stablecoins. As we explained earlier this week the present strength of the US Dollar is due to the fact that over 80% of world trade has to be settled using dollars and there’s currently a shortage of dollars. This places the US in