According to Yusko, the FTX credit line proposal had a catch for BlockFi’s existing shareholders: It gave FTX the option to buy BlockFi “at essentially zero price.” If FTX were to exercise said option...
Tag: Counter
Republicans Seek to Counter Effort to Curtail Crypto Mining
Environmental regulators should seek “a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining,” according to the letter, which was signed by...
Solend Community Passes Counter Proposal After SLND1 Criticism; Forfeits Emergency Powers to Overtake Accounts
Two community proposals by Solana-based decentralized finance (Defi) protocol Solend were voted on recently to mitigate risks from whales that operate on large margin positions. However, the second pr...
FCC Has Been Investigating Counter Unmanned Aircraft Companies
The Federal Communications Commission (FCC) regulates radio frequencies in the United States. They do this by regulating electronics intentionally transmitting radio frequencies and electronic equipme...
China’s Chipmaking Power Grows Despite US Effort to Counter It
(Bloomberg) — China’s semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington. Most Read ...
Biden Administration Weighs Ending Some Trump-Era China Tariffs To Counter Inflation
Topline The Biden Administration is considering ending some Trump-era tariffs on Chinese goods in an attempt to control inflation, Secretary of Commerce Gina Raimondo told CNN on Sunday, as Americans ...
Who told the BRICS countries to counter the US Dollar’s monopoly in world trade?
The dominance of the US Dollar in Global Trade is an undeniable fact where most of the trade happens to use the currency in abundance BRICS is a group of countries that includes as its name suggests, ...
China Cuts Mortgage Rates to Counter Collapse in Home Sales
(Bloomberg) — China’s central bank effectively cut the interest rate for new mortgages in an attempt to prop up the ailing housing market and boost the slowing economy. Most Read from Bloomberg ...
Bitpanda’s early investor, SpeedInvest plans a new Seed Fund to counter market turbulence
Bitpanda is an Austria-based fintech company that offers services in cryptocurrencies, commodities, exchange-traded funds (ETFs), and securities trading. The organization holds incredible significanc...
Nomura Rolls Out Over The Counter Bitcoin Derivatives Amid The Market Bloodbath
Amid the high market volatility, the Japanese financial services company Nomura has unboxed new Bitcoin derivatives services. Despite a downtrend in the sector, the demand from institutional and priv...
TFL Proposes Emergency Response to Counter Recent Collapse of Terra Ecosystem
Terra and its ecosystem have had a pretty rough ride the past few days. With UST losing its peg and LUNA in freefall, Terra is under pressure to quickly resolve the “bad debt” and restore community tr...
Bulls step in to counter bearish pressure as prices spike by 16.22 %
Cryptocurrencies prices heatmap, source: Coin360 Polkadot price analysis reveals DOT price has been under bearish pressure over the past few days as the market corrects from the recent bearish rally. ...
To counter China, Biden launches 3D printing initiative with GE Aviation and other large firms
US President Joe Biden’s administration announced on Friday a new initiative that would boost manufacturing of 3D printed products by domestic small- and medium-enterprises (SMEs), an effort tha...
RBA to Release Meeting Minutes to Counter the Strength of the US Dollar
Forex, short for Foreign Exchange, is when one currency is exchanged for another. The rate for a currency depends on its supply and demand, affecting how much a person pays to secure the other currenc...
Biden Called to Unleash Shale to Counter Deepening Energy Crisis
(Bloomberg) — The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale. Mo...
Russia seeks a way to counter economic instability by seizing 60 trillion rubles of its citizens
The war between Russia and Ukraine has made the revival of economic situations more difficult, especially in Russia itself On 24 Feb, Russia launched a full-fledged military operation in its neighbor...
Has The SEC Tactics Failed To Counter Ripple’s Defense In The Lawsuit?
The global crypto market is back to scripting greener numbers on the charts. As the business has retraced its path towards a $2 Trillion market cap. In the interim, the industry’s much-talked-about ...
US SEC Probing Elon Musk; Is Elon Building A Counter Case Against SEC?
The U.S. Securities and Exchange Commission is investigating whether recent stock sales by Tesla CEO Elon Musk and his brother Kimbal Musk “violated insider trading rules”, the Wall Street Journal rep...
HashEx Working on New Audit Mechanisms To Counter Attackers
Hackers are able to discover vulnerabilities in persisting smart contracts. A mass stimulation of hacks in Artificial Intelligence in smart contracts could counter such tactics. Blockchain security or...
Will This Be Solana’s Trump Card To Counter Its Limitations? Is SOL Price Primed To Hit $250 This Quarter?
The world of digital assets is all suited up to embrace positive changes and events in the business. Whilst crypto assets from the business’s directory have been portraying constructive candles. Which...
USDA Boosts School Lunch Funding By $750 Million To Counter Higher Food Prices
Topline The U.S. Department of Agriculture on Friday announced a $750 million increase in funding for school meal programs, citing the disruption of the Covid-19 pandemic and higher food costs. West...