Author: Press Room

Last updated: March 26, 2024 10:26 EDT | 2 min read Curio, a project focused on facilitating liquidity from real-world assets for firms, has fallen victim to a smart contract exploit related to a vulnerability in voting power privileges.Curio said it will conduct a fund compensation program for affected liquidity providers, which could potentially take up to one year to complete.Curio Reports Smart Contract Exploit And Voting Vulnerability, Assures Users of Prompt Action and Security Measures 🚨ALERT🚨@curio_invest has experienced a $16M exploit involving a smart contract based on @MakerDAO within their ecosystem! The exploit appears to stem from a permission…

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As Goldman Sachs battles a vortex of internal and external speculation about career pathways for women, the venerated Wall Street bank has been forced into damage-control mode.In a 12-point internal memo obtained by Business Insider, Goldman Sachs’ chief of staff, Russell Horwitz, admitted that the firm hasn’t gone far enough to advance the careers of its female employees. Horwitz also encouraged senior staffers to lean on a special “briefing toolkit” to reassure concerned clients about the bank’s commitment to elevate women into senior roles and retain top female talent.Horwitz’s March 13 memo was sent to all partners, managing directors, and…

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Latimer, a large language model tool trained on a corpus of data focused on Black culture and history launched last month, will release a new tool in the coming weeks.The AI startup, named after inventor Lewis Howard Latimer and affectionately known as “The BlackGPT” is an answer to the bias, lack of cultural competency, and erasure found in popular AI tools like ChatGPT, says Latimer CEO and cofounder John Pasmore. The tool works by accessing ChatGPT’s codebase through an application programming interface (API) and then applies retrieval-augmented generation (RAG), or pulling information from a specialized subset of data, in this…

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Introduction & Thesis Shares of Siga Technologies (NASDAQ:SIGA) are setting new 52-week highs, after a strong earnings report. Siga Technologies is a commercial-stage pharma company focused on health security solutions, including medical countermeasures against chemical, biological, radiological, and nuclear (“CBRN”) threats, as well as emerging infectious diseases. The post-earnings rally is also supported by a special cash dividend of $0.60, going ex-dividend on March 25. Perhaps the most important question on investors’ minds would be if it is too late to buy. This surely appears like an opportunity, given Siga’s strong positioning to benefit from the U.S. Government’s heightened focus…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A New York appeals court has allowed Donald Trump to post just $175mn to delay enforcement of a $464mn fraud judgment, in a victory for the former US president who had claimed it would be “impossible” to obtain a bond for the full amount.The ruling came as a 30-day grace period granted to Trump by Letitia James, the New York attorney-general, who brought the fraud case, was set to expire, paving the way for her office to seize Trump’s cash and properties…

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Former President Donald Trump said the bond amount he has to pay to appeal the $464 million civil fraud judgment against him was preventing him from giving money to his campaign. A New York appeals court reduced the amount Trump has to put up to appeal the case to $175 million. CNN’s Kristin Homes discusses whether or not Trump will actually put his own money into his campaign.Source: CNN Read the full article here

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© Reuters. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally at the Forum River Center in Rome, Georgia, U.S. March 9, 2024. REUTERS/Alyssa Pointer/File Photo By Helen Coster, Svea Herbst-Bayliss (Reuters) -Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a merger currently worth about $5.7 billion.  The deal values Trump’s majority stake in the company that holds his app Truth Social at about $3.3 billion. The windfall could prove vital as…

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Investing.com– Gold prices fell from record highs in Asian trade on Wednesday as traders remained on edge before a closely-watched testimony from Federal Reserve Chair Jerome Powell, although a rout in risk-driven markets pointed to more safe-haven demand.  The yellow metal shot up to record highs on Tuesday, buoyed by a mix of safe haven demand and persistent expectations that U.S. interest rates will eventually come down in 2024.  fell 0.1% to $2,126.31 an ounce, while expiring in April fell 0.4% to $2,134.25 an ounce by 23:59 ET (04:59 GMT). Spot gold hit a record high of $2,142.15 an ounce,…

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