Noted with Interest: DeFi and Potential Lender Liability | Quinn Emanuel Urquhart & Sullivan, LLP

What is DeFi? DeFi is the abbreviation for “decentralized finance”. It refers to financial services for cryptocurrencies which are built on distributed blockchain networks without central intermediaries. Since cryptocurrencies are decentralized in nature, financial services for cryptocurrencies are also referred to as “decentralized finance” or “DeFi” to reflect the same decentralized concept. Data shows that tens of billions of US ...

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Jim Jordan: Yellen targets mom’s finances, but no worries about Hunter and Joe Biden’s joint account

Amid an explosive new report from Hunter Biden that the 51-year-old businessman-turned-artist shared a joint bank account with his then-vice-presidential father, Rep. Jim Jordan, R-Ohio, asked why the Treasury Secretary Janet Yellen was touting the IRS plan to bulk monitor transactions of $ 600 or more from average Americans while ignoring those reports. “Fox News Primetime,” host Jesse Watters cited ...

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Lissette Calderon’s Neology Life secures $ 78 million construction loan – Business Watcher

Neology Life secured a $ 78.2 million construction loan from Trez Capital for a mid-rise apartment building in Miami’s Allapattah neighborhood, the lender said. The development, called the julia and located at 1625 NW 20th Street, goes up between 17th and 15th avenues. The 12-story building will include 323 rental residential units, a swimming pool, a rooftop garden and a ...

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House GOP Bill Would Reclaim Congressional Authority Over Refugee Admissions And End DHS Parole Authority

FIRST ON FOX: A new bill introduced this week by House Republicans would reclaim Congressional authority over refugee admissions to the United States, create new forms of screening, and terminate the capacity of the Secretary of the Department of Security domestic policy to release migrants on parole in the United States The U.S. Safeguards Act Ensures Criminal and Unchecked Refugees ...

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Connecticut Improves Data Privacy Laws, Protects Businesses From Punitive Damage For Data Breaches – Privacy

Wood, Smith, Henning & Berman LLP United States: Connecticut Improves Data Privacy Laws, Protects Businesses From Punitive Damage For Data Breaches 12 October 2021 Wood, Smith, Henning & Berman LLP To print this article, simply register or connect to Mondaq.com. Joining Utah and Ohio on Oct. 1, 2021, Connecticut will become the third state in the country to pass “safe ...

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Cirralto Announces A $ 1.1 Million Update to the Spenda System, Introduced to Support Continued Customer Growth

Following the commercial launch of the Expense payment suite in May of this year, this week Cirralto published a “major” upgrade to the Spenda system. In addition to the increased functionality, this update made the necessary changes and assurance of their transaction scaling capabilities “to support our growing number of customers.” The announcement also mentioned that this version of the ...

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25% of all critical infrastructure in the United States at risk of failure due to flooding, new report finds

Today, one in four of all critical infrastructure in the United States – including police and fire stations, hospitals, airports, and wastewater treatment facilities – is at significant risk of being surrendered. unusable by flooding, according to a new report released today by the First Street Foundation, a nonprofit research and technology group that assesses the threat posed by flooding ...

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