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Revised ASPI calculation method triggers temporary panic in bourse; but turnover hits Rs 18.4 billion

By Hiran H.Senewiratne The revised index calculation methodology of the CSE’s All Share Price Index from full market capitalization-weighting to public float-adjusted market capitalization was implemented from yesterday. With the implementation of this new system stock market investors became rather panicky and the market turned negative but during the latter part of the day buying […]
Kelani Valley Sri Lanka Hiranh Senewiratne City Group Central Bank Holdings Rs
Source: island.lk

Bitcoin Is Not the Harbinger of Financial Change, but DeFi Is

By:Tim Fries The closer one is to the sun, the more blinded one becomes. These words of wisdom can be found in some form or another, relaying simple truth about human endeavors. The closer we are to the subject matter, the more likely we’ll miss important concepts outside of our concentrated focus—and engage in muddled thinking. This applies to the complex and pioneering world of blockchain in a number of ways. Fortunately, after many milestones crossed, we can take a more objective view in...
United States South Korea South Korean Dennis Kelleher Square Cashapp Michael Saylor

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