The CEO of the top US crypto exchange by trading volume is revealing his firm’s short to medium-term plan amid a stock rally. On the Bankless podcast, Coinbase CEO Brian Armstrong says Coinbase is aim...
Tag: Plan
No, Binance Does Not Plan to Buy CoinDesk for $75 Million, CZ Says, Here’s Why
Yuri Molchan CZ dispelled rumors spread by some crypto media about Binance planning to acquire CoinDesk giant In a recent tweet, CEO and co-founder of major crypto exchange Binance, Changpeng Zhao, wi...
Volkswagen announces five-year $193 billion investment plan as electrification gathers pace
People look at the Volkswagen id buzz electric car during the press day at the Los Angeles Auto Show in Los Angeles, California, November 17, 2022. Mike Blake | Reuters Volkswagen on Tuesday announced...
Southwest Airlines’ staffing, tech improvement plan after holiday mess
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Ag...
Fed Battle Plan for Inflation Shredded by Financial Turmoil
(Bloomberg) — Federal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse. Most Read from...
Dow Jones Falls On SVB Rescue Plan; First Republic, Charles Schwab Crash On Bank Fears
The Dow Jones Industrial Average dropped Monday, as global markets grappled with the ongoing crisis among U.S. banks. The FDIC and other financial regulators guaranteed all deposits of SVB Financial (...
Regulators Launch Drastic Rescue Plan Post SVB’s Collapse, But Will It Be Enough?
Depositors of Silicon Valley Bank (SVB) can breathe a sigh of relief as the Federal Deposit Insurance Corporation (FDIC) confirmed the successful transfer of deposits to a new bridge bank. The transfe...
I plan to retire at 62. I get $1,500 a month in rental income and have $200,000 in savings. Should I get a financial adviser to help me?
I’m not sure what to do with my savings. How might a financial adviser help me? Getty Images/iStockphoto Question: I am planning to retire at 62. I have $200,000 in savings, and I have a paid off rent...
Regulators unveil plan to assure depositors will get money after SVB collapse
A man walks by the headquarters of Silicon Valley Bank on March 10, 2023 in Santa Clara, California. Liu Guanguan | Getty Images Banking regulators devised a plan Sunday to shore up deposits at Silico...
UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse
A plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom, according to multiple reports on March 12. The emergency plan will include ...
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...
AAVE DAO votes for ‘rescue plan’ to save lost tokens
Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a proposal passed by the AAVE decentralized autonomous organization (DAO) o...
Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% – Bitcoin News
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget in...
How to Create a Cybersecurity Plan for Your Small Business
As a small business owner, it’s essential to protect your company’s data and systems from cyber threats. With the increasing reliance on technology and the internet for communication and conducting bu...
Amazon’s Plan to Tie Real-World Assets to Tokens and NFTs
Amazon, the world’s largest bookstore, has announced plans to tie real-world assets bought on Amazon to tokens and NFTs. If history repeats itself, Amazon could become the world’s largest seller of NF...
President Biden’s 2024 Tax Plan to Target Crypto Wash Trading and Capital Gains
U.S. President Joe Biden released his official 2024 budget plan this Thursday – and cryptocurrency transactions are in its crosshairs. His many proposals include subjecting crypto to the same wash sa...
Biden Budget Plan proposes taxes to reduce crypto wash trades
U.S. President Joe Biden’s proposed budget will be released on March 9, including a stipulation for tax loss loopholes on crypto transactions. The budget blueprint will include a provision to reduce ...
Asana CEO Plans To Purchase Up To 30M Stock Under Trading Plan, Shares Soar
On March 8, 2023, Asana, Inc (NYSE: ASAN) Chair and CEO Dustin Moskovitz shared plans to purchase up to 30 million shares after the close of trading on March 9. The stock purchase is under trading pla...
FTX proposes $4M employee bonus plan; intends to sell $45M stake in Sequoia Capital
Ad Bankrupt FTX proposed a retention plan that would pay the exchange’s employees bonuses of up to 94% of their salary, according to a March 8 court filing. The bonus is capped at $4,027,204 and is de...
Silvergate Working Out a Rescue Plan with FDIC Officials
FDIC officials are reportedly looking at the books and records of Silvergate Bank and could provide a remedy for bank to come out of the turmoil. Crypto-focused bank Silvergate Capital is facing a maj...
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
The president’s team has already passed one crypto tax-related piece of legislation into law; in 2021, the Bipartisan Infrastructure Framework, which later became the Infrastructure Investment a...
MakerDAO faces criticism over tokenomics plan amidst high-stakes US treasury investment strategy
Ad MakerDAO, the governance token behind the fifth most popular stablecoin DAI, is contemplating an increase in its United States Treasury bond investments to $1.25 billion from its previous allocatio...
Coinbase Exec Warns of SEC’s Potential Plan to End Staking
Brian Armstrong – the man in charge of Coinbase, arguably the biggest and most popular digital currency exchange in the United States – has warned that the Securities and Exchange Commission (SEC) is ...
Voyager’s VGX Token Soars as Bankruptcy Judge Signs Off on Binance.US Plan
A federal US bankruptcy court signed off on Voyager’s long awaited restructuring plan on Tuesday, with Binance.US officially stepping in as the crypto credit company’s expected financial savior. Binan...
Binance.US Can Move Ahead With Plan to Acquire Voyager Digital’s Assets, Judge Rules
“If the government wants to litigate that” Voyager’s sale of VGX tokens was an offering of securities, it should have done so, he said, referring to an SEC attorney’s statement...
Seychelles Court Approves CoinFLEX Restructuring Plan
A Seychelles court has approved the restructuring plan tabled by the Hong Kong-based crypto derivatives exchange CoinFLEX, the company said in a statement Tuesday. “We are pleased to confirm that on M...
CoinFLEX’s restructuring plan approval propels FLEX token higher
Ad Embattled crypto exchange CoinFLEX said it received approval for a restructuring plan from the Seychelles courts on March 6. The exchange added that it was halting the trading of locked assets lik...
CoinFLEX restructuring plan approved: FLEX price explodes
The price of FLEX (FLEX/USD), the native token of cryptocurrency exchange CoinFLEX, has soared to a daily high of $2.06. The sudden surge came against the backdrop of CoinFLEX getting approval for a r...
Coinflex says restructuring plan is approved by Seychelles court
Courts in the Seychelles, where crypto exchange Coinflex is based, approved its restructuring plans on Monday, according to a statement from the company. The court may publish the written order ...
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs, the non-fungible token (NFT) firm that gained prominence due to multiple Ethereum-based NFT collections, has drawn criticism from the cryptocurrency community over its plan to auction its n...