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Enjoy Blockworks.co’s 0xResearch Newsletter! Get the news delivered straight to your inbox tomorrow. Subscribe to the 0xResearch Newsletter. Babylon confirms $1.4 billion in deposits Babylon is a CometBFT consensus reconstruction protocol whose mainnet was launched in August. As of today, Babylon Chain has amassed a massive stake of 23,000 Bitcoins ($1.4 billion) from 25,300 stakers. This puts it within the TVL range of major re-staking protocols like Symbiotic ($1.5 billion) and EigenLayer ($10.7 billion). Unlike previous sidechain attempts to bridge Bitcoin to smart contract chains, Babylon provides a trustless coordination layer to do so without technically bridging Bitcoin. This relies…

Nuveen Real Estate, Ares, Vantage Data Centers, Equinix, Knight Frank, Hines, JPAM, TPG Angelo Gordon, CBRE IM JPMorgan Asset Management – ​​Justin Heller has joined the firm as a managing director and portfolio manager as part of the Americas real estate platform’s net lease strategy. Mr. Heller joins JPMorgan from TPG Angelo Gordon, where he served as a managing director and a member of the firm’s investment committee. Heller will be responsible for identifying, acquiring and managing JPMorgan’s net lease real estate properties, a role made possible by the firm’s acquisition of Trio Investment Group late last year. Prior to…

ANDALUSIA, Ala. (WSFA) – Since 2005, Meredith’s Miracle has helped families with sick children get the medical care they need.As 2024 draws to a close, the nonprofit organization is asking Alabamians to ramp up their philanthropic efforts to help the hundreds of families they care for.”Be the Miracle” is Meredith’s Miracles’ latest campaign.Their goal is to raise as much money as possible for the 355 families they care for in Alabama.”Whether it’s $5, $1, $20, it all goes directly to the family,” said Jenna Anderson, president of Meredith Miracles.In the early 2000s, Meredith McGlamory’s family received donations to help her…

LAS VEGAS, Nev. (FOX5) – Warner Bros. Discovery has announced plans for its Southern Nevada studio project and its economic impact on the state. The global media and entertainment company explained that it has the potential to create high-paying jobs to boost the state’s economy. Officials report that these plans cannot be accomplished without an expansion of the film tax credit. If passed, the bill would commit production companies $500 million in content production over the first three years.According to reports, WBD will partner with the University of Nevada to operate Warner Bros. Studios Nevada.More: Warner Bros. pumps $8.5 billion…

A top-performing fund manager is selling Microsoft shares, citing concerns about the tech giant’s future profitability in the face of advances in artificial intelligence. Blue Whale Growth Fund chief investment officer Stephen Yiu said the fund has been reducing its position in Microsoft over the past six months. The Blue Whale Growth Fund held Microsoft from its inception until August of this year. The fund is up 16.6% since the beginning of the year. The fund returned 30.7% in 2023, significantly outperforming its benchmark and the S&P 500, which rose 26%. Yiu’s decision stems from his belief that Microsoft’s business…

We like to check in on the bond market from time to time, given how much the bond market, and especially government bond yields, have a huge impact on the cost of mortgages and other types of borrowing in this economy. But another type of bond has become particularly popular this year. They are corporate bonds issued by large corporations to raise funds for their operations. Demand for corporate bonds has increased rapidly recently. At the time the Federal Reserve was raising interest rates, demand for corporate bonds was quite weak. Winnie Schiesser, head of strategy at CreditSights, said this…

Cushman & Wakefield |Thalimar is pleased to announce the sale of 8011-8013 Midlothian Turnpike in Chesterfield County, Virginia. HHC Poplar Springs, LLC purchased an 11,000 square foot retail building from The Milkin Family Investments, LLC for $1,750,000 and plans to utilize the property for its own operations. Michael A. Shire | Talimer of Cushman & Wakefield negotiated the sale on behalf of the seller. About Cushman & Wakefield | Talhimel Founded in 1913, Thalhimer currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs more than…

Chapter 1: Rural homeowners desperate for relief Nestled in the Tahoe National Forest is the Nevada County gold rush-era town of Washington. “I love the community, I love the river, I love the history,” said Charity Jackson. Jackson’s lived in Washington for 25 years. In 2017, she and her husband bought the historic Washington Hotel, perched above the South Yuba River. “I don’t make a killing; I make a living, and that’s okay because I get to work here every day,” Jackson said sitting on the back deck. “Like, this is my job…

Middlesex Water Company (Nasdaq:MSEX) announced that Bernadette M. Solar, Vice President of Corporate Affairs, will retire effective December 31, 2024. Mr. Solar joined the company in 1994 and has served as a key member of the executive team ever since. 2007. Her 30-year career at Middlesex includes overseeing corporate communications, branding strategy, digital media, community engagement, investor and media relations, and sustainability reporting.As part of the company’s succession planning and reorganization, Jennifer Keschke has been hired as director of investor relations, reporting to CFO Larry Zerhouni. Summer DeFeo, Director of Communications, will continue to support…

On July 30, 2024, the Federal Deposit Insurance Corporation (FDIC) issued a proposed rulemaking to amend the regulatory framework used to determine whether a deposit qualifies as a “brokered deposit” under FDIC Regulations Section 337.6. Notice (NPRM) has been issued. Among other things, the proposed amendments (the Proposed Amendments), if adopted, would be the second major amendment to the FDIC’s brokered deposit regulations in recent years, revising the definition of “deposit broker” and adding deposit-related This will expand the variety of activities. Strengthens intermediary operations and modifies the insured depository institution (IDI) application and notification process. This recommendation discusses recent…