Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s episode, Jacquelyn interviewed Sergey Nazarov, co-founder of Chainlink, a protocol that provides an oracle network to power smart contracts. “Oracle networks are really...
Tag: guarantees
Exclusive-UBS seeks about $6 billion in government guarantees for Credit Suisse deal By Reuters
© Reuters. FILE PHOTO: The headquarters of Swiss banks UBS and Credit Suisse are seen at Paradeplatz square in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse By Oliver Hirt and Stefania Spezzati (Reuters) – UBS Group AG (SIX:) is seeking government guarantees of about $6 billion for a potential takeover of Credit Suisse Group AG,...
UBS mulls takeover of Credit Suisse with possible Swiss govt guarantees -sources By Reuters
© Reuters. The headquarters of Swiss banks UBS and Credit Suisse are seen at Paradeplatz square in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse By John O’Donnell FRANKFURT (Reuters) -UBS is examining a takeover of Credit Suisse that could see the Swiss government offer a guarantee against the risks involved, said two people with knowledge...
Bondaval raises $15M Series A for its alternative to traditional bank guarantees
Bondaval, the London-based B2B insurtech that gives credit teams assurance that customers will fulfill their financial obligations, has raised $15 million in Series A funding led by Talis Capital. The round included participation from returning investors Octopus Ventures, Insurtech Gateway Ltd, Truesight and Expa, and new investors FJ Labs and Broadhaven Ventures. Talis Capital general...
Etihad Credit Insurance reports issuance of AED6.3 billion trade guarantees in first 9 months of 2022
DUBAI, 14th November, 2022 (WAM) — Etihad Credit Insurance (ECI) held its third meeting in 2022, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board of Directors of ECI. The meeting focused on the review of a series of ECI’s comprehensive programmes and initiatives, which are aligned with the...
Iran insists on U.S. guarantees to revive 2015 nuclear pact By Reuters
© Reuters. Iran’s President Ebrahim Raisi addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 21, 2022. REUTERS/Shannon Stapleton By Parisa Hafezi UNITED NATIONS (Reuters) -Iran’s hard-line president struck a defiant tone on Wednesday by demanding guarantees the United States not abandon any revived nuclear...
Sweden to offer $23 billion in liquidity guarantees to energy firms By Reuters
© Reuters. FILE PHOTO: Swedish Finance Minister Mikael Damberg attends a press conference to propose relief for households affected by high electricity prices, in Rosenbad, Stockholm, Sweden January 12, 2022. Johan Jeppsson /TT News Agency/via REUTERS/File Photo STOCKHOLM (Reuters) – Sweden aims to offer 250 billion Swedish crowns ($23.23 billion) in liquidity guarantees to energy...
Iran seeks stronger U.S. guarantees for revival of 2015 nuclear deal By Reuters
© Reuters. FILE PHOTO: Iran’s and U.S.’ flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Parisa Hafezi DUBAI (Reuters) -Iran needs stronger guarantees from Washington for the revival of a 2015 nuclear deal, its foreign minister said in Moscow on Wednesday, adding that the U.N. atomic...