Emergency FED meeting decision could affect the market direction in the coming week. James Bull thinks the FED might lower interest rates to protect more banks from collapsing. Crypto prices could pum...
Tag: Emergency
US Plans Emergency Measures to Backstop Banks After SVB
(Bloomberg) — The Federal Reserve and the Treasury Department are preparing emergency measures to shore up banks and ensure they can meet potential demands by their customers to withdraw money, ...
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
6 seconds ago | 2 mins read Altcoin News The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88. The stablecoin issuer has recommended similar measures for DeFi proto...
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident – Bitcoin News
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of wri...
MakerDAO launches emergency proposal to limit USDC exposure
MakerDAO’s risk unit issued an emergency proposal to its governance community following the depegging of the USDC stablecoin after the collapse of Silicon Valley Bank. Maker is the DeFi lending ...
DeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal
The crypto market has again met with another stablecoin collapse after UST as investors are rushing to withdraw their funds. Circle, the issuer of USD Coin (USDC), today announced that it faced challe...
Maker DAO files emergency proposal addressing 3.1B USDC exposure
According to a forum post from Maker DAO, issuer of the U.S. dollar-pegged DAI stablecoin, on Mar. 11, the firm requested an “urgent executive proposal to mitigate risks to the protocol.” ...
6 Ukrainian Civilians Dead After Russian Missile Strikes—Overnight Attack Means Europe’s Largest Nuclear Plant Is On Emergency Power
Topline At least six Ukrainian civilians are dead following overnight missile strikes across Ukraine Thursday, with the Zaporizhzhia nuclear power plant—Europe’s largest—shifting to emergency power as...
Emergency Action Filed Against BKCoin Over $100M Fraud by SEC
7 seconds ago | 2 mins read Bitcoin News BKCoin collected almost $100 million from at least 55 investors. The defendants utilized over $3.6M in investor money to make Ponzi-like payments. For mastermi...
SEC Initiates Emergency Action Against BKCoin For Fraud Scheme
The Securities and Exchange Commission has initiated an emergency action against investment advisor BKCoin Management in connection with a crypto fraud scheme worth $100 million. According to the SEC...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the str...
SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
The SEC has accused Kang of misappropriating at least $371,000 in customer funds for his personal use, including paying for vacations, tickets to sporting events and rent on his New York apartment. Ac...
SEC files emergency action against BKCoin for raising $100M through crypto fraud
The United Securities and Exchange Commission (SEC) has filed an emergency action to seize the assets of Miami-based investment adviser BKCoin Management LLC and its principal Kevin Kang for their con...
How to Use Your Roth IRA As an Emergency Fund
Contributing to a tax-advantaged retirement account comes with rules that make it difficult to get your hands on your cash should you suddenly need it. Understandably, these controls are one reason pe...
LBank Offers Support to Turkey Earthquake Victims with Emergency Relief Aid
Road Town, BVI, 14th February, 2023, Chainwire Today, LBank, a leading global cryptocurrency exchange, has stepped up to help Turkey’s earthquake victims by providing emergency relief aid to the affec...
The Covid emergency in the U.S. ends May 11. HHS officials say here’s what to expect
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images The Health and Human Services Department on Thursday laid out what will...
Turkey’s Erdogan declares state of emergency for earthquake-hit regions
Turkey’s President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly (TGNA) in An...
FDA clearance of Covid shots and treatments won’t slow with end of public health emergency
Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The ...
Biden Administration Will End Covid-19 Emergency Declarations On May 11
Topline The Biden administration will allow the ongoing Covid-19 emergency declarations to end on May 11, the White House announced on Monday, as part of a wider pivot to treat the coronavirus as an e...
Biden plans to end public health emergency on May 11
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditor...
WHO says Covid remains a global emergency but pandemic could near its end in 2023
Director-General of the World Health Organisation (WHO) Dr. Tedros Adhanom Ghebreyesus attends an ACANU briefing on global health issues, including COVID-19 pandemic and war in Ukraine in Geneva, Swit...
Biden declares emergency in California as more winter storms advance
U.S. President Joe Biden speaks during a cabinet meeting in the Cabinet Room of the White House January 5, 2023 in Washington, DC. Drew Angerer | Getty Images President Joe Biden on Monday declared an...
Balancer’s Native Coin BAL Resilient Amidst Security Emergency
Balancer’s native token, BAL, appears to be holding up despite the platform’s ongoing security issues. On Friday, Jan. 6, the DeFi project tweeted a statement asking liquidity providers on its platfor...
How PR Founder Simon Huck Leans Into Optimism With Emergency Preparedness Kit, Judy
Simon Huck, cofounder of JUDY, Photo Credit: Courtesy of JUDY Photo Credit: Courtesy of JUDY When you’re creating an emergency preparedness kit brand geared towards helping people handle crises, your ...
Suze Orman has 3 time-tested ways to prepare your finances before your next emergency amid a 2023 recession
‘For 40 years, I’ve tried to change the mindset of people.’: Suze Orman has 3 time-tested ways to prepare your finances before your next emergency amid a 2023 recession The word rece...
White House Begins Plan to Refill US Emergency Oil Reserves
(Bloomberg) — The Biden administration is making good on a plan to replenish the nation’s emergency oil reserves, starting with a 3 million barrel purchase of crude. Most Read from Bloomberg The...
France requests emergency cut in electricity exports to UK as nuclear crisis deepens
The Drax coal-fired power stations – Simon Dawson/Bloomberg France’s electricity network operator requested emergency help from Britain as the cold snap caused demand to surge across Europ...
Biden administration will end monkeypox public health emergency
People line up to get a monkeypox vaccination at a new walk-up monkeypox vaccination site at Barnsdall Art Park on Tuesday, Aug. 9, 2022 in Hollywood, CA. Brian Van Der Brug | Los Angeles Times | Get...
National Grid poised to activate emergency winter plan tomorrow after French nuclear outages
The National Grid faces its first major test of winter energy preparation – REUTERS/Darren Staples National Grid is poised to pay households to cut their power demand tomorrow to avert power cut...
Suze Orman says ‘$400 can make all the difference’ in an emergency yet one third of Americans don’t have that much — here’s how to stop a rainy day from becoming a financial disaster
Suze Orman says ‘$400 can make all the difference’ in an emergency yet one third of Americans don’t have that much — here’s how to stop a rainy day from becoming a financial disaster We all know...
Institutional Crypto Lender Genesis Asked for $1,000,000,000 Emergency Loan Before Halting Withdrawals: Report
The Wall Street Journal reports that the institutional crypto lender Genesis asked investors for an emergency loan of $1 billion before announcing that clients would temporarily be unable to take out ...
Biden asked to declare emergency over RSV, flu kids hospitalizations
Kazuma Seki | Istock | Getty Images Doctors are calling on the Biden administration to declare an emergency in response to an “alarming surge” of children hospitalized with respiratory syn...