In accordance with the FOMC Directive issued July 31, 2019, the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York will conduct an overnight repurchase agreement (repo) operation from 9:30 AM ET to 9:45 AM ET today, September 17, 2019, in order to help maintain the federal funds rate within the target range of 2 to 2-1/4 percent.
This repo operation will be conducted with Primary Dealers for up to an aggregate amount of $75 billion. Securities eligible as collateral in the repo include Treasury, agency debt, and agency mortgage-backed securities. Primary Dealers will be permitted to submit up to two propositions per security type. There will be a limit of $10 billion per proposition submitted in this operation. Propositions will be awarded based on their attractiveness relative to a benchmark rate for each collateral type, and are subject to a minimum bid rate of 2.10 percent.
GrudgeMatchGaming (GMG) is a platform tailored for gamers who want to showcase their skill and wage for it against other players. Gamers have the opportunity to go 1v1, team vs team, or leaderboard challenges. Other benefits include no registration fees and no hidden fees. The only fee is 12.5% and that is to cover for GMG gambling license. There will also be side-betting available only in permissible geographical locations. The platform also will serve as a dynamic resume platform allowing recruiters from brand companies, sponsors and leagues see stats, wins/losses and other useful information. Bets are paid in MRX. Immediately after the challenge, the winner receives the instant payout. There is no minimum bet in 1v1 or team vs team, only in leaderboard challenges there will be a minimum bet of 2.00 USD in MRX.
GMG also has an incentivized referral system. As Chris had posted,
“One of the most exciting aspects of Grudgematchgaming.com is our referral bonus. It allows you to make a passive income just by referring interested people to our platform. Our base referral bonus is 8% of the fees taken by the site from players you refer. For every 25 active players you sign up, you receive an additional 4% of the fees taken by the site up to a maximum of 40% of our fees. We really want to create a way for everyone to get involved with the site.”
LindaProject Inc aims to provide client-centred products to our community. We see the inconsistencies with other gaming platforms and we want to open up a user-friendly, and fair system for gamers to enjoy and truly benefit. Gamers can choose to stake their winnings with MyStakingWallet.com or MyNodePool.com, use it at point of sale with Vendit Cards, and exchange it in one of our supporting exchanges. We will continue to provide further options for liquidity.
GMG is currently a beta version. We are polishing the flow and features of the platform to best serve our gaming community. We are expecting to release more features in the weeks to come. Other exciting news that the team has revealed about the platform, we are creating an alternate version of GMG tailored to teen gamers which will allow them to play amongst each other and also train with one another. In this version, there is absolutely no gambling feature, so no betting or side-betting. They will only be showcasing their skills and their love for eSports!
With our products, we invite all to participate in our passion for blockchain technology. We will continue to build on and develop more products to best enhance our community’s experience.
Allison Herren Lee was sworn into office on July 8 as an SEC Commissioner. Ms. Lee was nominated to the SEC by President Donald J. Trump and unanimously confirmed by the U.S. Senate.
“Allison’s expertise in securities law, including from her prior tenure at the Commission, will be invaluable to our efforts to advance the interests of investors and our markets,” said Chairman Jay Clayton. “Many of Allison’s former – and as of Monday, current – colleagues have expressed to me their support for Allison’s return. On behalf of all of my colleagues, Commissioners and staff alike, I am pleased to welcome her back.”
“I’m honored to return to the SEC and to work with the dedicated public servants on the staff, and my fellow Commissioners, to carry out the SEC’s critical mission,” Commissioner Lee said. Continue reading →