Treasury

In addition to the largest collection of Parallel NFTs (which we’re putting to work through our work-in-progress player management system), our treasury holds a significant amount of liquid assets. Our stablecoins and other non-ETH liquid assets currently provide us with runway to operate for over 30 months. Some of our…

It takes two to make an impasse. By Richard A. Epstein, Peter and Kirsten Bedford Senior Fellow The two bedrock structural principles of the Constitution are the separation of powers and a system of checks and balances. These are always in tension. The principle of separation of powers places with…

The United States government is getting closer to the so-called debt ceiling X-date, when the Treasury may run out of funds and have to resort to exceptional measures to fulfill all its obligations, and both political parties are at odds, with no solid alternative to avoid a default. Related Post…

The United States Treasury has been grappling with the debt limit, which was reimposed in August 2021, after a two-year suspension. Since then, the Treasury has been utilizing various measures to stay under the cap, but those options are running out. …

As an incorruptible store of value and tamper-proof payment network, Bitcoin enables all businesses to prepare for the future. Introduction As Murray Rothbard, an American representative of the Austrian School of Economics, aptly described, the task of an entrepreneur is to predict the future state of the market. In our…

The debt ceiling is the total amount of money the U.S. government is allowed to borrow to meet its existing legal obligations, which also include Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds and other payments. The US Congress has continually authorized trillions of…

Dear Constellation Network Community, We would like to inform you of an important update regarding our commitment to security and transparency. As part of our ongoing efforts to maintain the highest security standards and foster openness, we have transitioned the DAG treasury to new wallet addresses. This measure aims to…

Yields on 1M T-bills in the U.S. just experienced their largest daily change of 2023 (22.55%) — see graph below; this incredible sell-off requires some explanation, so let’s dive into it.

With the Fed increasing interest rates to fight inflation, lots of people have been flocking to buying government backed securities (see Accounts to buy bonds from the government jumped fivefold as yields boomed). …