Finance

A key distinction between Paradex and other exchanges is that it does not hold tokens on behalf of its customers. Users instead trade peer-to-peer, directly from their own “wallets.” Coinbase in contrast, acts as a trusted custodian for digital assets on its exchange. “This peer-to-peer trading removes the need for third-party custodianship and the associated
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Andrew Harrer | Bloomberg | Getty Images William Rhodes III, chief executive officer of AutoZone Inc., waits to begin a listening session with U.S. President Donald Trump, not pictured, Retail Industry Leaders Association, and member company chief executive officers in the Roosevelt Room of the White House in Washington, D.C. AutoZone’s Rhodes noted the changes
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Economic growth should jump above 3 percent in 2018 thanks to the stimuli, the CBO said, but the acceleration will likely prove brief, and debt held by the public will soar to $28.7 trillion by the end of fiscal 2028. That could create a precarious situation for Congress if the economy faces an economic downturn
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The U.S. economy seems to be on solid footing, according to one unusual indicator: vacation searches on the internet. Google searches for the term “vacation” rose 10 percent in April on a year-over-year basis, said Nicholas Colas, co-founder of DataTrek Research, using Google Trends data. This is positive for the U.S. economy, Colas said, as
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“The number one and two merchants we see in the Cash app are Walmart and McDonalds,” said Dorsey, who is also the CEO of Twitter. “This is everyday usage.” Nomura analyst Dan Dolev told CNBC the banking opportunity is “huge” for Square, and that likely isn’t priced to the stock. “Square could become a one-stop
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Check out which companies are making headlines after the bell on Thursday: PayPal shares rose nearly 1 percent post-market after the company said it has reached a $2.2 billion deal to buy iZettle, a European financial technology start-up. Shares of AmTrust Financial Services gained 7 percent in extended trading after activist investor Carl Icahn disclosed
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Investors have sent $1 billion into digital coin projects that flash warning signs for fraud, The Wall Street Journal reported Thursday, citing its own analysis. In a review of 1,450 digital coin offerings, the Journal said it found 271 bore red flags such as plagiarized documents or fake executive information. Investors have already claimed losses
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“So it’s basically like an air bubble under the carpet,” he said. “Once you press down on one side of the carpet the air bubble moves to the other.” The situation surrounding terrorist financing is less of a concern, according to the report, which described Hong Kong as having a “medium-low” risk level. The report
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This Thursday, the Verkhovna Rada (the parliament of Ukraine) is expected to consider a historic proposal to replace 25-year-old foreign exchange legislation with an entirely new law that will open our country to international investors and make it easier for Ukrainian businesses to operate globally. Technical though it may seem, liberalization of our arcane foreign
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Market contradictions can be interesting, but irrelevant, or interesting and significant. The behavior of the Australian dollar is one of those contradictions. On the one hand the Australian market is making new 10 year highs. This is generally taken as a sign of economic strength. Its particularly important for Australia where the market has been
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