News

Aug 12
MakerDAO should ‘seriously consider’ depegging DAI from USD — Founder

In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC. 1488 Total views 14 Total shares MakerDAO founder Rune Christensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg of its Dai (DAI) […]

Aug 12
Sanofi upped to hold at Deutsche Bank as Zantac fears make a sell ‘egregious’

Sanofi SNY, -3.94% SAN, +0.85% was upgraded to hold from sell at Deutsche Bank, after the heavy selling over the previous two days on worries about Zantac heartburn medication litigation. The first trial is set to begin on Aug. 22. “We think the Zantac knee-jerk is starting to look somewhat overdone. This doesn’t make for […]

Aug 12
ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors

Australia’s financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors. 584 Total views 31 Total shares The chief of Australia’s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile” […]

Aug 12
JCPenney names Plaines as CFO

Privately held JCPenney on Thursday named Stephanie Plaines as chief financial officer, effective immediately. Plaines most recently served as CFO at Jones Lang LaSalle, a global commercial real estate services company. Source: Marketwatch

Aug 12
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent entity clones authorised firm Miripro Insurance Company DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Miripro Insurance Company Limited, has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm […]

Aug 12
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent entity clones authorised firm ING Bank

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisation. In this instance, the fraudulent entity cloned and impersonated legitimate Central Bank authorised firms in order […]