Latest news with #ChrisPerkins
The Star
a day ago
- Business
- The Star
Goldman, BNY team up to launch tokens tied to money market funds
FILE PHOTO: A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. REUTERS/Brendan McDermid/File Photo (Reuters) -Goldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, deepening Wall Street's push to bring blockchain technology into traditional finance. Investors can now buy and sell money market fund shares on BNY's LiquidityDirect platform, with a digital record of those shares created on Goldman's blockchain system, the two financial giants said on Wednesday. The move marks an early step toward modernizing the infrastructure that underpins most of the financial ecosystem. If adopted broadly, it could make it easier and faster for institutional investors to use these assets as collateral and reduce trade settlement times. BlackRock, BNY Investments Dreyfus, Federated Hermes, Fidelity Investments and Goldman Sachs Asset Management are among the companies participating in the initial rollout. Other asset managers are also exploring tokenization. In January, Apollo partnered with Securitize to launch a feeder fund that would channel capital from crypto-native investors into its global credit fund. GAINING TRACTION While it is still a subject of debate, tokenization's potential to drastically reshape the investing landscape has drawn strong interest. It is being touted as the next breakthrough for bridging the gap between traditional and digital finance, with supporters saying it could open up an asset class that has long been out of reach for retail investors. "We're at the precipice of doing something very special, and that's really the democratization of markets," said Chris Perkins, president of crypto investment firm CoinFund. The growing interest in tokenization coincides with the renewed optimism in the crypto industry, which has rallied in recent months and gained momentum after the Genius Act was passed earlier this month. Critics, however, say tokenization could allow companies to bypass the guardrails put in place to protect retail investors. Companies may also not consent to having their securities tokenized. Earlier this month, OpenAI objected to Robinhood's tokens tied to its private shares. (Reporting by Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)
India Today
6 days ago
- Business
- India Today
Global crypto valuation tops $4 trillion amid regulatory breakthrough
The cryptocurrency sector's market value hit $4 trillion on Friday, according to CoinGecko — a milestone that underscores its transformation from a niche asset class to a central part of the global investment landscape.A wave of renewed investor optimism, regulatory clarity in key markets, and rising institutional inflows has propelled the crypto sector to this record a major regulatory shift, US President Donald Trump signed a law on Friday establishing a formal framework for US dollar-pegged cryptocurrencies, known as stablecoins. This development could pave the way for stablecoins to become a mainstream method of making payments and transferring The $4 trillion milestone reflects the crypto industry's remarkable evolution since its early speculative and fringe beginnings. With growing interest from asset managers, the launch of new exchange-traded products, and broader adoption among retail and corporate users, digital assets are increasingly becoming a focal point in global financial discussions, Reuters valuation surge comes amid a perfect storm of positive catalysts: renewed investor confidence, clearer regulations in major economies, and rising institutional designed to maintain a fixed 1:1 value with fiat currencies, are widely used by crypto traders to move funds between tokens. Their adoption has soared in recent years, and proponents say they could soon power instant global payments."The Genius Act will go down in history as a law that served as a foundational step in the mainstreaming of crypto as an asset class," said Chris Perkins, president of treasury allocations to bitcoin are also accelerating, with an increasing number of public companies adding the cryptocurrency to their balance sheets as a long-term store of sector was last trading at a combined market value of $3.92 trillion, as bitcoin — the world's largest cryptocurrency — dipped 1.8%. Earlier this week, bitcoin surpassed the $120,000 mark, setting a new record. Brokerage firm Bernstein forecasts the token could reach $200,000 by the end of the second-largest crypto token, was last up 4.5% and has more than doubled in value over the past three months. The ongoing rally has also lifted crypto-linked equities, with Coinbase and Robinhood reaching all-time highs on of Coinbase were last up 1%, while Robinhood — which also facilitates crypto trading — gained 3%.- Ends
BBC News
27-06-2025
- Sport
- BBC News
Mullin the 'embodiment of Wrexham's incredible journey'
BBC Sport Wales asked Wrexham fans for their views on Paul Mullin's loan move to Wigan Davies:Paul's treatment like other loyal wxm fc players at times has been appalling. with the support of his team mates he dragged us up from the pits. I believe the income created by his presence has been a huge contributor to Wrexham's meteoric rise, he was just finding his feet scoring goal of the season when just over halfway through the season he and Ollie [Palmer] were sent into the Perkins:He was excellent in the National League and League 2 but struggled in League one until he was dropped. Unfortunately he is not a Championship player. Mullin will always be thanked for what he did at Bennett:I'm very sad he's not getting his chance to play in the Championship, but from 17 appearances Mullin only scored 3 goals, it's not enough for a striker and not even a single Reoch:Like many I've followed Wrexham by watching the show, I'm a Brit (Everton supporter) living in Canada but I'm shocked they let Mullin go after all he's Cambell:HUGE MISTAKE BY PARKINSONReg Davies:It's just football really. He's been superb since arriving in 2021, bags of goals every season. He's missed 2 pre-season's training for 2 years through no fault of his own, that's massively problematic. His job is scoring goals and he hasn't done it all season with any consistency or Spooner:Mullin isn't just a player; he's been the very embodiment of Wrexham's incredible journey under Ryan Reynolds and Rob McElhenney. From the National League to the Championship, his goals have been the soundtrack to our could forget the crucial goals in those promotion campaigns? The hat-tricks, the last-minute winners, the moments when you just knew Mullin would deliver. He played with his heart on his sleeve, a true warrior on the pitch.
Forbes
20-06-2025
- Entertainment
- Forbes
A Hands On Look At Daggerheart, The New Game From Critical Role
Daggerheart came out of years of playtesting to a public release in May 2025. The summer's first big blockbuster has arrived. Daggerheart, from Darrington Press with the support of Critical Role, is now in the hands of role playing fans around the world. The company also turned heads this week by luring away Jeremy Crawford and Chris Perkins from Dungeons and Dragons. Darrington Press sent me a review copy of the game. I've been able to get it to the table a few times both as a player and as a Game Master. I'm happy to report that I enjoyed my experiences building and playing adventures in fantasy worlds with my friends. How To Play Daggerheart Daggerheart uses a pair of twelve sided dice in its central resolution. Players roll them, add whatever bonuses they have and try to defeat a target number. One die is the Hope Die and one die is the Fear die. If the Hope die is the higher die, the player gains a Hope point and things turn out better than they planned. If the Fear die comes up high, the GM gets a Fear point and things might take a turn. Hope points can be used by players to add their experiences to rolls, power certain abilities. Each class also gets a thematic ability that costs three points to use. My favorite use of Hope points is the tag team attack where once per session a player gets to describe how they and another player do a big, flashy combo and both roll attack and damage to put the hurt on a brutal bad guy. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder Fear points let the GM put some nasty twists in the narrative. They can interrupt players, add bad guys to the scene and activate special attacks. It's a fun feeling to tell the players you've spent a few points on something wicked, then watch them sweat for a few moments before you reveal what it is. Daggerheart Corebook Contents The core set contains two parts. The main rules are a gorgeous full-color book full of evocative art full of plenty of Easter eggs for fans of the show. The second part is a box with cards that reference the main parts of the character to make making characters and playing the game easier. Characters are built using classic elements from role playing games. Players pick a class, an ancestry and a background that gives the character spells, combat techniques and other cool tricks to use in play. The cards make these powers ebay to reference, though they aren't required for play as every character element is detailed in the book. Each class also provides access to two domains. The domains overlap one another so part of character creation is figuring out which domain power each player claims if they share one with another player. It's one of many examples of how Daggerheart encourages collaborative play between the players. This cooperation extends to building the world together. The game offers worldbuilding advice for session zero and encourages the GM to ask the players to develop the world in play. The game includes some blank maps for the group to fill in together to get started. For those groups who want a little more guidance, there are a handful of campaign frames as examples of settings where Daggerheart shines. There are a few fantasy ones but the genres also dip into technomagical science fiction and weird westerns. They also contain some rules that groups can use for their original worlds, such as cooking monsters, crafting weapons and gear and adding firearms into the mix. Daggerheart Impressions Daggerheart is a gooey, narrative indie-style game baked inside a crispy Dungeons & Dragons crust. It takes inspiration from several games that do things differently than D&D but also shines in tactical combat and specific character builds. Players who want high stakes drama while also busting out the minis for a fight will find a lot to love here. The game cites influences front and center complete with a bibliography in the first few pages. Every designer is inspired by other games and it's nice to see one of the biggest releases of the year encourage its audience to go out and play more games. I've played a lot of the games on this list and not only have they come together well, in a few places, they've improved upon the original idea. The Duality Dice supply a steady drip of Hope and Fear points. It was nice to stock these points if a dice roll didn't have a clever twist I could use. I never felt constrained as the GM by Fear, knowing that I could save up a stack to make the final combat more epic. Combat features a fluid initiative that I enjoyed. Rolling with Fear gives the GM a chance to cut in and do some damage. I really enjoyed the groans and cursing of my players when I would spend those points to give my bad guys a turn. Every player character can take two big hits, three medium hits and six little hits. Armor can reduce the severity of the hit and also affect how big the damage is. Even one hit damage from non-battle focused characters feels significant and the heavy hitters have ample opportunity to one shot bad guys if the dice are kind. I really appreciated the digital side of the launch. The main website has character sheets, printable cards, game play aids and even a preview of upcoming classes. Making characters with the Daggerheart Nexus was easy and it was a great resource during play. I like how the cards enhance play by having the full text of abilities right there. No more scribbles in the margins or lookups that kill gameplay momentum. This could have easily been an accessory that would have made Darrington Press more money but it's a shrewd way to lower the bar of entry to their game. Calling Daggerheart a 'D&D killer' is looking at it from the wrong angle. It celebrates the best parts of D&D while also not having to worry about legacy mechanics and earlier editions. Daggerheart stands on the shoulders of giants to climb to bigger battles and brighter adventures ahead. Daggerheart is available directly from Darrington Press, online retailers like Amazon and at Friendly Local Gaming Stores around the US.
Motor 1
20-06-2025
- Automotive
- Motor 1
The Brilliance of Electric Turbochargers
What is a turbocharger's job? In essence, it's to increase thermal efficiency. An electric turbocharger does this and more, which is why I'm a big fan. Thermal efficiency is a measure of how much of the potential energy of a fuel is consumed to create power, versus how much of it is simply generating waste heat. In pure terms, an automotive internal-combustion engine is not very efficient. For example, Toyota made a big deal in the late 2010s when it achieved 40 percent thermal efficiency in its Dynamic Force four-cylinder engine. Meaning it was only wasting 60 percent of its potential energy. Welcome to The Rabbit Hole , a bi-weekly column where Senior Editor Chris Perkins explores his latest obsession with automotive technology. He speaks to the best in the business to understand how cars work and what the future of the automobile looks like. Incidentally, this is why EVs have an appeal beyond zero local emissions. Thermal efficiency doesn't apply to electric motors because they're not directly powered by a heat source. But in terms of electrical efficiency—the ratio of electrical energy a motor consumes to its useful output—an EV's motor is about 75 to 90 percent efficient, according to Renault , at least. So, in short, internal-combustion engines, especially on their own, aren't especially energy efficient. Electric motors are very energy efficient. Turbocharging can help narrow that gap. Mind you, it's still a big gap, but any little bit helps, right? This story was available to our newsletter subscribers before it hit the site. Want early access? Sign up below. back Sign up For more information, read our Privacy Policy and Terms of Use . Turbocharging 101: A turbocharger consists of a turbine in the exhaust system, a compressor in the intake, and a shaft connecting the two. The exhaust turbine spins up with the flow of exhaust gases, which in turn spins up the compressor, increasing the density of the air headed into the engine, boosting power. In terms of thermal efficiency, it takes energy that would otherwise be lost as heat and turns it into something useful. Photo by: Mercedes-Benz Turbocharging 201: An electric turbocharger adds a motor attached to the shaft between the turbine and compressor. This means you can spin up the turbocharger independent of exhaust-gas flow, which has all sorts of benefits. Most notable is the all-but-elimination of turbo lag, but also the lowering of boost threshold, and allowing for higher boost pressure. And simply knowing the shaft speed of a turbocharger—which admittedly can also be achieved with a simple speed sensor—allows the automaker to run the turbo more safely closer to its maximum speed. But an electric motor works backward too, generating electrical energy if you use it to brake the turbine. An engineer from Mercedes-AMG once told me that in some cases, an electric turbocharger can be energy neutral ; The energy the turbocharger's motor regenerates is enough to power the turbocharger itself. There are big thermal efficiency gains to be had using electric turbochargers. Mercedes-AMG said in 2017 its electric-turbocharged Formula 1 V-6 exceeded 50 percent thermal efficiency , which was one of the first times ever an automotive engine converted more of its fuel source into useful power than waste heat. Like all F1 engines, the AMG V-6 uses a Motor-Generator-Unit-Heat (MGU-H), which is simply another term for an electric turbocharger. AMG later became the first to offer electric turbochargers in a road car with the four-cylinder in the C43 and C63. Photo by: Mercedes-Benz Porsche then took things a step further with its hybrid system for the new 911 Carrera GTS . Its single BorgWarner turbocharger has a 14.7-horsepower electric motor on its shaft, and uniquely, no wastegate. Typically, a turbocharger uses a wastegate—a valve that opens to expel excess exhaust gas—to limit boost pressure. Porsche instead brakes the turbocharger's motor to control boost pressure, so it's not wasting any exhaust gas and generating additional electrical energy. That additional electrical energy can power either the turbocharger itself, or the 53.6-horsepower traction motor sandwiched between the engine and transmission. Photo by: Chris Perkins / Motor1 A Porsche engineer also tells Motor1 that using a large turbocharger and limiting its turbine speed with the motor reduces exhaust-gas temperature, and therefore, the temperature of the charge air going into the engine. That eliminates the need for fuel enrichment, which is often used to reduce combustion temperatures, but this practice now being banned with Euro 7 emissions regulations. Porsche's use of an e-turbo boosts the engine's thermal and fuel efficiency, and overall vehicle efficiency. Broadly speaking, going electric feels like a natural extension for turbocharging. If the point of turbocharging is to boost efficiency, why not go for a solution that furthers that aim? Well, electric turbochargers are expensive, complicated, and heavy. Ferrari is using electric turbochargers for its F80 hypercar, but its closest rival, McLaren, uses conventional turbos in the coming W1. McLaren engineers told Motor1 that they didn't want the extra weight electric turbos would bring, and that they'd rather use the car's electrical energy to power the traction motor. Adding weight and complexity is always a difficult decision for an automaker, one of the many compromises it must consider in the course of engineering a car. The complexity has to justify itself. McLaren might also have a point on the electrical energy side of things. In the past, I've written about interesting internal-combustion engine technologies, like Mazda's spark-controlled compression ignition and Nissan's variable compression . Both improve efficiency and performance, but not so much as augmenting internal combustion with a conventional hybrid system. Does electric turbocharging fall into the same category? Someone from one automaker might say yes, but then why would engineering powerhouses like Mercedes, Porsche, and Ferrari all embrace it? Photo by: Porsche Ironically, for a technology that was developed in Formula 1, the sport will soon abandon electric turbocharging. To attract more engine suppliers, F1 is changing its engine formula for next year to abandon the MGU-H, deeming it too expensive and not relevant to road cars… just as more road cars are embracing this technology. F1 is also upping the electric portion of its hybrid powertrain to achieve about a 50/50 split between engine and motor power. And hey, F1 is expanding its engine supplier base with Audi, Ford, and GM all joining the fray. F1 is a sport and a business, not simply a technological proving ground. In any case, turbocharging is, in spirit, about not leaving energy on the table. An internal-combustion engine is going to produce a ton of exhaust gas that is pure waste. Why not make something useful out of that? And why not generate additional electrical energy from it while you're at it? Engineering at its best maximizes the potential of what you have in front of you. This isn't to say that cars that don't use electric turbochargers are bad, or that there aren't legitimate reasons to skip out on this piece of tech. It's possibly something that only justifies itself in higher-end performance-car applications. There's an admirable engineering ideal with electric turbochargers that satisfies the nerd in me. Isn't maximizing potential something we should all strive for? Further Down the Rabbit Hole Why Carbon-Ceramic Brakes Are Expensive. And Why They Might Be Worth It Why BMW's B58 Is a True Successor to the Toyota 2JZ Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
