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Jeff Scallop
Jeff Scallop

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Published in Market for Ideas

·4 days ago

Goldman Sachs Raises Recession Odds to 35%

As nearly 200 banks could face the same fate as SVB — and Bitcoin soars to $28k — , confidence in the economy erodes — Investment bank Goldman Sachs informed investors that they are raising their odds that the US economy will enter a recession in the next 12 months to 35% — from a previous 25% —, reflecting increased near-term uncertainty around the economic effects of small bank stress.

Cryptocurrency

5 min read

Goldman Sachs Raises Recession Odds to 35%
Goldman Sachs Raises Recession Odds to 35%
Cryptocurrency

5 min read


Published in DeFinomist

·Mar 15

Everything You Need to Know to Navigate the Banking Crisis

A quick (5 min) summary of what happened, where we are, and where things can go — The Fed, Treasury, and FDIC have gone into uncharted territory to try and stabilize financial markets and curb deposit outflows. However, they haven’t gone all-in to guarantee all deposits like some folks hoped they would. …

Silicon Valley Bank

5 min read

Everything You Need to Know to Navigate the Banking Crisis
Everything You Need to Know to Navigate the Banking Crisis
Silicon Valley Bank

5 min read


Published in Market for Ideas

·Mar 13

The Fed Is Trying To Do a Loop With a Boeing

What on Earth is Happening to the Banking System in the US? — “Don’t try to catch a falling knife” is a maxim that financial markets follow to a T, except sometimes catching the knife is necessary. …

Business

7 min read

The Fed Is Trying To Do a Loop With a Boeing
The Fed Is Trying To Do a Loop With a Boeing
Business

7 min read


Published in Market for Ideas

·Mar 11

Silicon Valley Bank — Making of an Extinction Event

The 15th largest US bank just went down, sending shockwaves through banking, crypto, and VC. Is this the end of an era? — “This is an ‘extinction level event’ for startups and will set startups and innovation back by 10 years or more” Gerry Tan, Y Combinator CEO The Silicon Valley Bank (SVB) met its unfortunate demise this Friday, as the Federal Deposit Insurance Company (FDIC) took over the bank. Sadly, SVB now…

Technology

7 min read

Silicon Valley Bank — Making of an Extinction Event
Silicon Valley Bank — Making of an Extinction Event
Technology

7 min read


Published in Market for Ideas

·Mar 5

Lula Welcomes Iranian War Ships In Brazil

The Toxicity of Brazil’s Convicted Criminal-Turned President Enters the Global Stage — “With democrats like Brazilian President Lula da Silva, who needs autocrats?” Andreas Kluth, The Washington Post Lula da Silva sent an ominous message to anyone still in doubt about his authoritarian tendencies when he granted Iran permission to dock two sanctioned war ships in Rio de Janeiro, despite pressure from…

Brazil

5 min read

Lula Welcomes Iranian War Ships In Brazil
Lula Welcomes Iranian War Ships In Brazil
Brazil

5 min read


Published in DeFinomist

·Mar 2

Coinbase Launches Base, an Ethereum Layer 2 Blockchain for Mass Adoption

An ambitious project targeting one billion users — Coinbase has upped their Web3 game by introducing their latest offering, Base — an Ethereum layer 2 blockchain that promises to offer a secure, low-cost, and developer-friendly way for anyone to build decentralized apps (dApps). Serving as the much-needed “bridge” for users navigating the world of cryptocurrency, Base boasts a…

Cryptocurrency

3 min read

Coinbase Launches Base, an Ethereum Layer 2 Blockchain for Mass Adoption
Coinbase Launches Base, an Ethereum Layer 2 Blockchain for Mass Adoption
Cryptocurrency

3 min read


Published in DeFinomist

·Feb 26

Ethereum Shanghai Hard Fork In 3 Minutes or Less

Coming in March, a ground-breaking upgrade to revolutionize the Ethereum Ecosystem — The Ethereum project is making steady progress toward its development objectives, and the next significant milestone is the Shanghai Hard Fork in March. This upcoming update is expected to have a profound impact on the crypto ecosystem as a whole, and all organizations involved are eagerly anticipating its arrival.

Cryptocurrency

3 min read

Ethereum Shanghai Hard Fork In 3 Minutes or Less
Ethereum Shanghai Hard Fork In 3 Minutes or Less
Cryptocurrency

3 min read


Published in Market for Ideas

·Feb 18

Why Are Catholics So Timid?

The Catholic Church is the greatest force for good in the history of mankind. Sometimes even Catholics need to be reminded of that — “The real problem of humanity is the following: we have Palaeolithic emotions, medieval institutions, and god-like technology” TThe quote above, from American biologist Edward O. Wilson, in many ways summarizes perfectly the history of the Catholic Church: a medieval institution that catalysed our Palaeolithic emotions into god-like technology.

Catholicism

5 min read

Why Are Catholics So Timid?
Why Are Catholics So Timid?
Catholicism

5 min read


Published in DeFinomist

·Feb 17

Crypto Deep Dive: Oracles In 5 Minutes

Oracles: Bridging the Gap Between Blockchains and External Systems — In the world of blockchain, smart contracts have emerged as a powerful tool for automating complex transactions. However, one major challenge faced by blockchains is their limited access to external information. …

Cryptocurrency

5 min read

Crypto Deep Dive: Oracles In 5 Minutes
Crypto Deep Dive: Oracles In 5 Minutes
Cryptocurrency

5 min read


Published in DeFinomist

·Feb 14

Ethereum Shanghai Upgrade: Revving Up Staking Rewards

Get ready to cash in: The upcoming hard fork could make you serious coin — here’s the lowdown! — Ethereum is dropping its next big update called “Shanghai” by March. This update’s gonna let stakers cash out their ETH that’s been locked since December 2020 on the beacon chain. They’ve already run some tests, so once it’s live in March, stakers can withdraw either part or all of their…

Cryptocurrency

5 min read

Ethereum Shanghai Upgrade: Revving Up Staking Rewards
Ethereum Shanghai Upgrade: Revving Up Staking Rewards
Cryptocurrency

5 min read

Jeff Scallop

Jeff Scallop

4.8K Followers

Writing about current affairs, finance, economics, crypto and technology. mkt4id@gmail.com

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