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CBDCs and COVID-19 Top Agenda in First Two Days of Unitize Conference

Apotheca Biosciences Inc (Related symbols : CBDC, DEFI, EXPE, LEXEA, LEXEB, BTCEUR, BTCGBP, BTCHKD, BTCJPY, BTCNZD, BTCUSD, BTCUSDT, BTCXJP, ETHBTC, ETHDOGE, ETHLTC)PINK

cointelegraph.com / Wednesday, July 8, 2020 5:11 PM

Crypto and blockchain adoption amid the pandemicThe COVID-19 outbreak continues to dominate discourse across the social, political, economic and several other facets of human life. Despite the economic downturn caused by COVID-19, Balaji Srinivasan, general partner at venture capital giant Andreessen Horowitz, said the pandemic will trigger faster crypto and blockchain adoption. Speaking on day two of the blockchain conference, Arner remarked that establishing interface points between CBDC projects will constitute a major hurdle for many countries. According to Arner, the absence of interoperability will limit the effectiveness of CBDC projects in international trade. According to a recent report from LeadBlock Partners, funding is a problem for European blockchain firms.

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J.P. Morgan Says These 3 Stocks Will Surge Over 30% From Current Levels

Johnson & Johnson (Related symbols : JNJ)NYSE

finance.yahoo.com / Wednesday, July 8, 2020 5:11 PM

Amid the recent surge of new COVID-19 cases, do stocks still have more room to climb? J.P. Morgan says yes. Taking all of this into consideration, we used TipRanks’ database to take a closer look at three stocks flagged by J.P. Morgan analysts for their solid growth prospects. Based on the strength of its technology, J.P. Morgan recently gave the company its stamp of approval. The $37 average price target puts the upside potential at 67%.

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Were Hedge Funds Right About Selling American Express Company (AXP)?

American Express Company (Related symbols : AXP, BLK, BRK-A, BRK-B, CI, KOF, PTR)NYSE

finance.yahoo.com / Wednesday, July 8, 2020 5:11 PM

With this in mind, let’s take a look at the recent hedge fund activity surrounding American Express Company (NYSE:AXP) and determine whether hedge funds had an edge regarding this stock. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. With all of this in mind we're going to take a peek at the key hedge fund action surrounding American Express Company (NYSE:AXP). The graph below displays the number of hedge funds with bullish position in AXP over the last 18 quarters. So, let's find out which hedge funds were among the top holders of the stock and which hedge funds were making big moves.

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AM Best Affirms Credit Ratings of Assurant, Inc. and Most Subsidiaries

Assurant Inc. (Related symbols : AIZ)NYSE

businesswire.com / Wednesday, July 8, 2020 5:11 PM

AM Best also has affirmed the Long-Term ICR of “bbb+” and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of Assurant. The outlook of these Credit Ratings (ratings) is stable. The credit insurance business adds a broad range of diversified product premium for Assurant, and geographically, growth in its Canadian credit business has been favorable. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

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What big businesses got PPP loans?

null (Related symbols : PPP)

finance.yahoo.com / Wednesday, July 8, 2020 5:11 PM

The list does not display the exact amount each business received but rather a range; ranges included loans worth $150,000-$350,000, $350,000-$1 million, $1 million-$2 million, $2 million-$5 million and $5 million-$10 million. Despite closing loopholes that allowed such businesses to receive PPP loans, the program has come under more scrutiny since releasing names. COMPANIES RETURNED $30B IN VIRUS RELIEF LOANS FROM PPPPolitical organizations including the Florida Democratic Party, Ohio Democratic Party and the Women’s National Republican Club of New York received PPP loans. Blue Star Strategies, a public relations firm connected to Burisma Holdings, a Ukrainian natural gas company that put Democratic nominee Joe Biden's son, Hunter Biden, at the center of a national scandal also received loans. More than 658,000 businesses total have received loans as part of the $670 billion program since it launched in April, and the government is expected to give out more with excess funding.

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Northland Securities Keeps a Buy Rating on Northern Technologies International (NTIC)

Advanced Micro Devices Inc. (Related symbols : AMD, HIMX, NTIC, POWI)NASDAQ

markets.co / Wednesday, July 8, 2020 5:11 PM

In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Northern Technologies International (NTIC – Research Report), with a price target of $13.00. The the analyst consensus on Northern Technologies International is currently a Hold rating. Currently, Northern Technologies International has an average volume of 20.73K. Northern Technologies International Corp. engages in the development and market of proprietary environmentally beneficial products and technical services. The Zerust segment provides corrosion mitigation solutions and services to oil, gas and chemical processing applications.

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Harrington Discovery Institute And Morgan Stanley GIFT Cures Announce Campaign To Fund Cures For COVID-19

null (Related symbols : BARL, MS, MSK, MWG, MWO, MWR)

finance.yahoo.com / Wednesday, July 8, 2020 5:11 PM

Harrington Discovery Institute (HDI) at University Hospitals, in collaboration with Morgan Stanley GIFT (Global Impact Funding Trust) Cures, is raising funds for research to bring an end to the COVID-19 pandemic. Melanie Schnoll Begun, President of Morgan Stanley GIFT Cures, said, "Through HDI's unique collaboration with Morgan Stanley GIFT Cures, philanthropists have a trusted opportunity to expand and accelerate critical treatments for COVID-19 while strengthening the path to protect us from the next pandemic and other diseases of the greatest unmet needs." Alongside the swift pivot to support the COVID-19 Rapid Response Initiative, Morgan Stanley GIFT Cures remains committed to curating new opportunities to advance high-potential drug development across multiple disease areas. Morgan Stanley GIFT Cures' parallel opportunity to accelerate cures for life-threatening non-COVID-19 diseases, such as cancer, neurodegeneration, rare diseases, and diabetes, is a powerful complement for forward-thinking, strategic philanthropists," she continued. To learn more about Morgan Stanley GIFT Cures and its role in the COVID-19 Rapid Response Initiative, reach out to philanthropymanagement@morganstanley.com.

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What DeFi Can Learn From ‘InFi’

null (Related symbols : BTCEUR, BTCGBP, BTCHKD, BTCJPY, BTCNZD, BTCUSD, BTCUSDT, BTCXJP, ETHBTC, ETHDOGE, ETHLTC)

finance.yahoo.com / Wednesday, July 8, 2020 5:10 PM

Still, in traditional circles, a bank’s greenlight to transact is seen as the Holy Grail of financial inclusion. Related: Weed Out the Soviet-Era Ponzi Scheme Eating EthereumLet’s take the Philippines’ paluwagan as a use case. Appreciating the implicit social value within existing informal systems presents opportunities for technologists to address some of the world’s most persistent challenges. There is no formal grievance mechanism either, which makes it impossible to make a legal claim against dropouts and scammers. Further, the Philippines Securities and Exchange Commission has issued warnings about paluwagan scams that proliferate via social media promising huge returns on investment.

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The Boys Season 2 Trailer Is Violent, Foul-Mouthed, And Hugely Entertaining

Amazon.com Inc. (Related symbols : AMZN)NASDAQ

gamespot.com / Wednesday, July 8, 2020 5:10 PM

Amazon's subversive superhero show The Boys was one of 2019's most acclaimed shows, and Season 2 is on the way. The release date was revealed last week, and now the first trailer is here. The trailer sets up the new season, which sees the superhero-hating team of the title in hiding, with their boss, Billy Butcher (Karl Urban), nowhere to be found. It looks as funny, foul-mouthed, gory, and entertaining as Season 1--check the trailer out below. Season 2 hits Amazon Video on September 4, and while Season 1 was released in its entirety in July last year, Season 2 will have a different release pattern.

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