From privacy coins to shiny iris-scanning orbs, zero-knowledge proofs have become synonymous with crypto, scalability and privacy. In 2022, investors gave over $700 million in funding to companies pushing the envelope with zero-knowledge proofs. This year, ZK-proofs has arguably become one of the biggest blockchain trends, with several major Ethereum scaling protocols hitting mainnet. ZK-proofs
0 Comments
The National Association of Bond Lawyers intends to play a key role in the implementation of the Financial Data Transparency Act, a contentious issue that’s been bedeviling the muni community since it was first proposed.  “We are also putting together a taskforce to serve alongside our industry partners and help craft market-wide messaging around the
0 Comments
Few things compare to the thrill of buying your first home. It’s an exhilarating experience – whether you’re buying a condo, townhouse, McMansion, minimalist, simple-sized home, or something in-between. But if this is your first rodeo, it can be almost overwhelming trying to dot all of the i’s and cross all of the t’s. While
0 Comments
Standret | Istock | Getty Images Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock prices and government stimulus measures, the Federal Reserve reported Wednesday in its triennial Survey of Consumer Finances. Net worth is a measure of household assets after accounting for liabilities.
0 Comments
Municipals faced more pressure Wednesday and two billion-dollar-plus deals for Connecticut and the New York City Transitional Finance Authority saw yields rise up to 12 to 13 basis points from Tuesday’s retail pricings while the third consecutive week of $2 billion plus outflows were reported. U.S. Treasuries saw more losses and equities sold off. Triple-A
0 Comments
Bitcoin (BTC) is up over 70% so far in 2023, helped by a banking crisis and hopes about a spot BTC exchange-traded fund (ETF) approval in the United States. BTC/USD daily price chart. Source: TradingView So, will Bitcoin price continue to climb for the rest of 2023? Cointelegraph takes a look at its chances and
0 Comments
Ethereum restaking — proposed by middleware protocol EigenLayer — is a controversial innovation over the past year that has some of the brightest minds worried about the potential ramifications. Restaking involves reusing staked or locked-up Ether tokens to earn fees and rewards. The restaked tokens can then help secure and validate other protocols.  Proponents believe
0 Comments
Amid a busy new-issue day, munis could not help but follow a U.S. Treasury selloff that was led by stronger economic data, reaffirming that rates will remain higher for longer. Equities were down late in the session. “The ‘higher for longer’ interest rate narrative continues to have a significant impact on all fixed income markets,”
0 Comments
Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third-party vendors got compromised.  TrueCoin was the operator of the TUSD stablecoin till July 13, 2023. On Oct. 16, a third-party vendor’s security team informed TrueCoin of “an anomalous account change within [TrueCoin’s] organization
0 Comments
Connor Crews has rejoined the McGuireWoods public finance team in Raleigh after teaching for more than three years at the University of North Carolina’s School of Government. Crews will work on all aspects of public finance transactions, including governmental financings and financings for non-profit organizations. During his tenure at UNC, he taught local and state
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jordan has warned that the Middle East is at the edge of an “abyss”, as diplomatic activity intensifies to prevent the Israel-Hamas war from spiralling into a regional conflict. King Abdullah of Jordan delivered his
0 Comments