GG
Nostra expands to Ethereum-compatible Monad following community vote
Nostra leverages Monad's EVM parallelization for broader DeFi applications. Key Takeaways Nostra's community voted 43.3% in favor of expanding to Monad. Monad's EVM parallelization will support Nostra's DeFi and payment apps. Nostra, a Starknet-based decentralized finance (DeFi) project, announced today its plans to deploy on Monad, an Ethereum-compatible Layer 1 blockchain. This move marks Nostra’s expansion into the EVM-compatible space, following a community-driven decision process. The decision to partner with Monad came after Nostra conducted a Twitter poll last week, asking its community to vote on potential expansion targets. Monad received 43.3% of the votes, surpassing other options such as...
Auckland Council sells remaining stake in Auckland Airport
Navigation for News Categories Photo: RNZ Auckland Council sells remaining stake in Auckland Airport 9.7 percent stake worth $1.3 billion on current prices Investment brokers were invited to make bids for shares Expectation brokers will on sell to investment funds Auckland Council has sold its remaining 9.7 percent stake in Auckland International Airport. The sale will return at least $1.31 billion dollars for the Future Fund. Trading in the airport company's shares had been suspended while the deal was being completed. "Auckland Future Fund Trustee has invited a relatively large group of brokers to submit offers for a parcel of...
London merchant in administration
Steve Absolom and Nick Holloway from Interpath Advisory were appointed joint administrators of Hitchcock & King Enterprises Limited on 31st July 2024. Trading as Hitchcock & King for more than 50 years, it is a well-known builders and timber merchant operating from six sites across London in Ashford, Burgh Heath, Fulham, Hammersmith, Streatham and Twickenham. Liquidators were appointed to Hitchcock & King Limited in September 2020 and March 2023. Interpath Advisory said that the company had faced difficult trading conditions in recent times, including the impact of rising costs and decreasing margins. Over recent months, the directors had sought to...