Crypto lending firm – Genesis – reportedly sought an emergency loan of $1 billion from investors before notifying its clients of suspending redemptions this week. According to The Wall Street Journal,...
Tag: Emergency
Leaked report exposes Genesis begged investors $1B emergency loan
Genesis, a cryptocurrency lending Company, reportedly asked investors for a $1 billion emergency loan before informing its clients this week that redemptions would be halted. The Wall Street Journal r...
Genesis Sought Emergency $1B Loan Before Trade Suspension
Embattled crypto lender Genesis was reportedly seeking a bailout before it suspended withdrawals this week. Genesis Global Capital has become one of the latest victims of the FTX collapse and crypto c...
Genesis sought $1B emergency loan but never got it
Crypto lender Genesis sought out an emergency loan of $1 billion from investors in the wake of FTX’s collapse and ensuing bankruptcy but never got the funds it requested, The Wall Street Journal repor...
Genesis sought emergency loan of $1 billion: WSJ
Genesis sought an emergency loan of $1 billion from investors before telling clients it was suspending redemptions in the wake of the collapse of FTX, The Wall Street Journal reported. Genesis s...
SRM Crypto Price Surge Following the Emergency Fork
In response to the recent theft of Sam Bankman-Fried’s embattling crypto exchange FTX, a decentralized exchange protocol on the Solana blockchain, Serum saw its SRM tokens jump in the digital asset ma...
Renewing Covid’s Status As A Public Health Emergency Was The Right Call. Here’s Why
CQ-Roll Call, Inc via Getty Images Public health law experts Lawrence Gostin and James Hodge explain the importance of the public health emergency declaration as Covid cases and hospitalizations begin...
U.S. will keep Covid public health emergency in place at least until mid January
Secretary of Health and Human Services Xavier Becerra answers questions during a Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus dis...
U.S. extending Covid public health emergency through spring, administration official says
Secretary of Health and Human Services Xavier Becerra answers questions during a Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus dis...
SERC Regulated MoonXBT Willing to Aid FTX with Emergency Liquidity
Advertisement     FTX is now trying to raise capital to save the troubled exchange after it experienced a liquidity crunch and had seen more than $5 billion in withdra...
Binance To Acquire FTX In Emergency Bailout
Key Takeaways After days of swirling rumors about a liquidity crisis at FTX, Binance has stepped in at the last minute to acquire the company and save it from collapse. This comes as FTX’s own t...
Emergency Hotfix Deployed to Prevent Disruption to the Lightning Network
After the recent v0.15.3. update to the Lightning Network, a critical security vulnerability was discovered by independent cybersecurity researchers that would potentially allow bad actors to stop lnd...
Lightning Network release emergency update for second time in less than a month after critical bug on LND nodes
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Lightning Network releases emergency update after critical bug on LND nodes
An emergency update was released to all of Lightning Network’s LND node operators on Nov. 1, after a critical bug caused LND nodes to fall out of sync chain. This was the second critical bug exp...
China Summons Chip Firms for Emergency Talks After US Curbs
(Bloomberg) — China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden adminis...
Millions could lose health insurance when Covid emergency ends
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (...
Gas Prices Fall For 7 Days As White House Considers Selling Emergency Reserves To Avoid Dreaded Return To $4 Mark
Topline The Biden Administration is planning to tap into the country’s emergency petroleum reserves in an attempt to cut gas costs ahead of the midterm elections next month, sources told Reuters, even...
Finance Minister Jeremy Hunt delivers emergency policy statement
[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal...
U.S. extends Covid public health emergency
A medical worker collects a swab sample from a woman at a COVID-19 testing site in New York, the United States, March 29, 2022. Wang Ying | Xinhua News Agency | Getty Images The U.S. has extended the ...
Bank Of England Decides On Emergency Move, Crypto Rally Likely
The Bank of England has signaled privately to bankers that it will continue quantitative easing. It has signaled that it may continue bond-buying to stave off the pensions crisis. The Bank of England ...
NYC Mayor Adams Declares State Of Emergency Amid Migrant Busing Crisis
Topline New York City Mayor Eric Adams declared a state of emergency Friday as the city—as well as several other Democrat-led cities including Washington D.C.—grapple with an influx of tens of thousan...
Stocks Jump 3% on Fed Emergency Meeting – Trustnodes
US stocks have unusually jumped by about 3%, far higher than futures suggested, as market turbulences in bonds appear to be spreading with Credit Suisse seeing a huge rise in credit default swap rates...
Bitcoin Flat at $19K Ahead of Fed’s Emergency Meeting: Market Watch
Bitcoin continues to trade at around $19,000, with little-to-no moves, but all of that can change later today as the US Fed is scheduled to host an emergency meeting. The alternative coins, though, ar...
Pension fund panic led to Bank of England’s emergency intervention
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up financial stability, with markets in disarray following the new government’s fiscal...
Bank Of England Emergency Action, What It Means
Governor of the Bank of England, Andrew Bailey. (Photo by Yui Mok-WPA Pool/Getty Images) Getty Images Central Banks are intervening more in markets. I don’t want to repeat what market participants are...
China gave tens of billions in secretive ‘emergency loans’ to vulnerable nations, emerging as world’s major creditor and IMF competitor
In recent years, China has shelled out tens of billions in opaque “emergency loans” for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastruc...
New York Declares Emergency After Virus Found In Fourth County’s Sewage
Topline New York Gov. Kathy Hochul (D) on Friday declared a state of emergency after poliovirus was detected in the sewage of a fourth county in the state in an effort to boost vaccination rates as so...
New York declares state of emergency over polio to boost low vaccination rates
New York Gov. Kathy Hochul on Friday declared a state of emergency over polio to boost vaccination rates in the state amid further evidence that the virus is spreading in communities. Poliovirus has n...
Suze Orman now says you need this much in emergency savings (and psst: you’re probably not going to like it)
Author and financial guru Suze Orman Anna Webber/Getty Images Financial experts have always urged people to create an emergency savings fund, but exactly how much should be in that fund has never been...
How much cash you need in an emergency fund at every career stage
Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have ...