Charles Schwab’s (SCHW) stock fell 11% to close at $51.91 despite assurances from the financial services company that it has plenty of funds. Shares had been down as much as 23% during Monday...
Tag: assures
President Biden assures taxpayers SVB and Signature Bank losses contained
President Biden has assured the senate banking committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank, in response to concerns abou...
Ripple’s CEO assures stable financial state despite the collapse of Silicon Valley Bank
Brad Garlinghouse, CEO of Ripple Labs, reveals that the company has a part of funds in Silicon Valley Bank. This announcement was made through his Tweet on Sunday. The bank’s closure on Friday has led...
Ripple CEO Assures Investors: We’re Financially Strong Despite SVB Exposure
Ripple CEO Brad Garlinghouse took to Twitter to address concerns about the company’s exposure to Silicon Valley Bank (SVB), which was recently shut down by regulators. Garlinghouse reassured investors...
Circle CEO Assures 100% Safety of USDC Reserves, Transfer Resumes
Jeremy Allaire tweeted that the company’s 100% USDC reserves are safe, in reference to the SVB collapse. Circle’s CEO assured that the company would transfer the remaining SVB cash to BNY Mellon. He a...
Ripple CEO assures ‘strong financial position’ despite SVB collapse
Ripple CEO Brad Garlinghouse took to Twitter on Mar. 12 to discuss the company’s exposure to Silicon Valley Bank (SVB) and reassure his followers of Ripple’s stability. Ripple had exposure to S...
U.S. President Assures Inflation Drop; Now Bitcoin’s Time To Shine?
U.S. President Joe Biden stated that the economy of the United States was “headed in the right direction” after the positive jobs report from the Bureau of Labor Statistics was recently made public. T...
Kraken Bank is ‘Very Much on Track,’ Assures Exec
Kraken has had a tough time with the United States regulatory agencies. Despite the difficult environment, the crypto exchange is planning to roll out its own bank. Marco Santori, Kraken’s chief legal...
Ripple Assures Of Win If Case Goes To Jury?
XRP Lawsuit News: The digital asset industry leaders have been vocal about the U.S. Securities and Exchange Commission’s (SEC) alleged regulatory overreach. However, it is expected that the long runni...
Craig Wright Assures XRP Is Gone; Ripple CTO Counters
XRP News: David Schwartz, Ripple CTO and Craig Wright, Self-proclaimed Bitcoin inventor have been going back and forth over the XRP lawsuit outcome. However, this time, Ripple CTO targeted Wright invo...
OKX releases second proof-of-reserve report, assures clients of asset safety
OKX has released its second proof-of-reserve (POR) report. The exchange said it will be publishing reserve reports on the 22nd of every month for transparency reasons. OKX announced that they included...
FTX Founder SBF Assures FTX U.S Customers Full Refund
Exchange News The founder saw his net worth decrease from $15.6 billion to $1 billion in a single day. SBF regretted declaring Chapter 11 bankruptcy and would wish he could turn it back. Sam Bankman-F...
CoinList Breaks Silence, Assures Users it Is Not Near Bankruptcy
Crypto exchange CoinList said it is not near bankruptcy as it addressed the ongoing FUD. It added that it is not insolvent or illiquid and is just experiencing technical issues affecting deposits and ...
Coinbase CEO Assures Fully Backed Bitcoin Reserves, CZ Deletes Doubtful Tweet
Coinbase CEO Brian Armstrong quelled concerns about the state of his company’s Bitcoin holdings on Tuesday, following doubtful suggestions from rival exchange owner Changpeng Zhao (CZ). Binance’s CEO...
Crypto.com transferred nearly 85% of ETH reserves to Gate.io in October, CEO assures it was accidental
The Twitter community is on fire, discussing hidden motives behind asset transfers between Crypto.com and Gate.io that took place in October. The exchange’s CEO Kris Marszalek responded to speculation...
Russia, China may be preparing new gold-backed currency, but expert assures US dollar ‘safest’ currency today
China and Russia may be working toward a new gold-backed currency in a move that would aim to dethrone the dollar as the primary reserve currency of the world, but any such currency would unlikely ach...
Ragnarok’s CEO Loses Millions- Assures Better Transparency
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Ragnarok has admitted to losing millions of dollars of company money through a bunch of mishaps, and attempted to inst...
Binance assures users after 3rd-party glitch briefly halted withdrawals
Cryptocurrency exchange Binance announced a temporary freeze on withdrawals on Wednesday morning. The suspension took place across multiple networks as a result of a technical issue by a third-party p...
Big Wind And Big Solar Will Collect $113 Billion In Tax Credits This Decade, Manchin-Schumer Assures Billions More
The reconciliation bill now pending in Congress, known as Manchin-Schumer, (or Schumer-Manchin) … [+] assures that the lavish federal tax credits for wind- and solar-energy become permanent. (Th...
ABBC Foundation Assures Trading Experience with DOMINO Launch
Place/Date: – July 20th, 2022 at 10:26 am UTC · 3 min read Source: DOMINO ABBC Foundation, a leading global blockchain company, recently launched DOMINO, its new decentralized exchange (DEX), on...
Elon Musk assures users that he will keep supporting Dogecoin
Elon Musk was recently hit by a $258 billion lawsuit involving his support of Dogecoin (DOGE). However, despite the lawsuit, Musk has reassured the community of his unwavering support for the memecoin...
MicroStrategy Will “HODL Through Adversity,” Saylor Assures
Key Takeaways Despite a brutal market downturn, Michael Saylor says that MicroStrategy is not at risk of liquidation. Saylor has said that the company anticipated Bitcoin volatility and intends to ...
Tether ($USDT) Assures Investors Amid Celsius ($CEL) Crisis
Tether has issued a statement to quell investor’s fears, as one of its many investments, Celsius, a crypto lending platform faces challenges attributed to severe market volatility, and its native toke...
Osmosis Team Assures Will Recover $5M Exploit Loss; Chain to Remain Functional for 2 Days
The Osmosis chain is going to be halted for at least 48 hours after a liquidity exploit led to an estimated loss of $5 million. The Osmosis team shared the information on their Twitter and Discord cha...
Coinbase Assures Safety of Funds Despite Perceived Bankruptcy Fears
Following a social media firestorm about customers’ funds due to impending bankruptcy, Coinbase CEO Brian Armstrong has cleared the air. Coinbase CEO and co-founder Brian Armstrong has moved to assuag...
The Estonian Regulator Assures there are no Plans to Ban Cryptocurrency
On Sunday, the Estonian Ministry of Finance squashed reports that it would prohibit cryptocurrency ownership and trading. According to their new draft legislation for virtual asset service providers (...