News list for " finances"
The Core Foundation has partnered with institutional lending protocol Maple Finance and custodian companies BitGo, Copper, and Hex Trust to expand deeply into the bitcoin staking space. Core's IstBTC token allows institutional participants to remain securely within a trusted custodian partner while receiving benefits from bitcoin holdings without the risk or operational burden of smart contracts. Maple will issue a liquid staking token in the coming months, which will allow trading firms and ass...
U.S. consumer confidence climbed to its highest level in seven months in November, buoyed by Americans' optimism about the future of the economy and finances. The University of Michigan's preliminary consumer confidence index rose to 73 in November, beating expectations of 71. The expectations index surged to 78.5, the highest since mid-2021. The upbeat outlook also reflects Americans' expectations for a slowdown in inflation. Consumers are expecting tomorrow's...
According to Bloomberg, decentralized finance (DeFi) project Pendle Finance has attracted billions of dollars in assets through an innovative market strategy. Pendle splits the profitable crypto assets into two tokens, similar to the strategy of separating principal and interest in the bond market. Although the platform has long maintained a total value lock-in (TVL) below $250 million since its launch in 2020, since January this year...
