According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of Shanghai reportedly back the acquisition,...
Tag: Mulls
Europe Mulls ‘Europeum’ Blockchain, a Regulatory-Compliant Network for Crypto Transactions ⋆ ZyCrypto
Advertisement     The platform aims to use blockchain technology for public services and supply chain management. It is complementary to MiCA – a legislation in the EU...
Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits
A federal judge in Florida, United States, is considering dismissing NBA superstar Shaquille O’Neal and tennis athlete Naomi Osaka from the FTX lawsuit, pointing out that it’s unclear whet...
TerraCVita Mulls Creation of Infrastructure Testnet for Terra Classic Network
The network will allow the Joint Layer 1 Task Force to synergize efforts with DApp developers. Rex Harrison, aka Rexyz, a senior member of TerraCVita, an independent Terra Classic development group, h...
Babel Finance Mulls New Token Launch to Repay Creditors
Babel Finance, the Hong Kong-based crypto lending platform, plans to introduce a decentralized stablecoin that will be used to repay the firm’s creditors, according to a Bloomberg report. The firmR...
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
Babel is on the verge of filing a moratorium extension that would prevent creditors from making claims for at least another six months, the report from Sunday said. The filing alleges that co-founder ...
SBF Legal Defense to Appoint Tech Expert as Court Mulls Amending Bail Conditions
Lawyers representing Sam Bankman-Fried, the disgraced founder of the FTX cryptocurrency exchange, consented to appoint an independent technical expert to consult the court on his bail conditions. “The...
Hong Kong Mulls Reopening Crypto Trading for Retail Investors
Hong Kong looks ready to invite retail traders back to the crypto casino. In a new consultation paper, the Securities and Futures Commission of Hong Kong (SFC) proposed “to allow all types of in...
Judge Mulls More Electronics, Internet Restrictions for Sam Bankman-Fried
Federal Judge Lewis A. Kaplan yesterday tabled the possibility that the disgraced FTX founder Sam Bankman-Fried should be completely cut off from electronics, which would amend his current bail condit...
TerraCVita Mulls New LUNC-backed Stablecoin in Response to Binance’s CZ AMA
The development group considers the merits of CZ’s suggestion. Independent Terra Classic development group TerraCVita recently discussed the possibility of creating a new algorithmic stablecoin for th...
Bitcoin, Ethereum Trade Sideways as Market Mulls Mixed CPI Report
Consumer prices rose more than expected in January, a potentially negative sign of what’s in store for risk assets like cryptocurrencies in 2023 as the Federal Reserve tries to tame inflation through ...
Lido DAO mulls proposals to sell or stake $30 million worth of ether
The Lido community is discussing a pair of governance proposals submitted by Steakhouse Financial, the financial unit of the Lido DAO, which call for the project to stake or sell the ether tokens held...
Polkadot mulls research into ‘token morphism’ amid regulatory crackdown
The Polkadot community is looking into conducting a research study centered around “token morphism,” a term used to describe the process that was used to transform the protocol’s native dot toke...
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation – Regulation Bitcoin News
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator...
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
Moody’s Corporation is reportedly planning to develop a scoring system for stablecoins, per reporting from Bloomberg. The scoring system will include up to 20 stablecoins, analyzing the quality of ea...
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit – Finance Bitcoin News
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to I...
UK mulls crypto legislation in first parliamentary debate on crypto in 2023
Uk lawmakers held a parliamentary debate on cryptocurrency and regulation on Jan. 25, but while lawmakers were quick to point out gaps in current regulation, relatively few details were given as to wh...
Ethereum Name Service mulls initiating endowment fund with $17 million
DeFi treasury manager Karpatkey has asked the Ethereum Name Service (ENS) DAO to consider activating the DAO’s endowment fund with 10,766 ether ($17 million), according to a recent governance proposal...
Nexo Mulls Suing Bulgaria for $1 Billion, Says Co-Founder Antoni Trenchev
Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – said the company could sue the Bulgarian government for more than $1 billion for raiding its offices and undermining its repu...
Bitcoin Takes The Spotlight As Brazil And Argentina Mulls Creating A Common Currency ⋆ ZyCrypto
Advertisement     This week, Brazil and Argentina are set to declare the initiation of preparations for a shared currency, a move that could result in the formation of...
Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe ...
Meeting In Washington, U.S. Surface Navy Mulls Lost Mojo
The Navy must realize the 1990s are long past. Getty Images As the U.S. Navy surface warfare community convenes in Washington for the Surface Navy Association’s 35th National Symposium, Secretary of t...
Indonesia Mulls Launching National Crypto Exchange Amid Industry Turmoil ⋆ ZyCrypto
Advertisement     Indonesia is considering setting up a national crypto exchange to keep pace with the fast-changing financial landscape. Citing a Wednesday report by ...
Crypto Lender Genesis Slashes Staff and Mulls Bankruptcy: WSJ
According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy filing and has let around 30% of its staff go. The layoffs were across several departm...
Crypto Broker Genesis Cuts 30% Of Staff, Reportedly Mulls Bankruptcy
Topline Yet another major cryptocurrency player is in serious danger of going under, as sources told the Wall Street Journal the embattled lender Genesis is weighing filing for bankruptcy, while the f...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues...
Japan Mulls Reversing Ban on Foreign-Issued Stablecoins: Report
Japan’s Financial Services Agency (FSA) has announced a draft system and guidelines for the circulation of stablecoins whose value is tied to legal currencies such as the U.S. dollar, according to a N...
Argentine Senate Mulls Crypto Advertisement Regulation – Regulation Bitcoin News
The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussio...
Alameda wallets become active days after SBF bail, community mulls foul play
The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried was released...
BitDAO mulls $100 million token buyback for next year
BitDAO is considering a $100 million buyback of its bit token beginning from the start of next year as part of the DAO’s capital deployment strategy. The plan is contained in a governance propos...