Meta, like many others, have been hit by the global pandemic that pushed many world economies backward. For instance, the United States GDP fell by 8.9%, and even the country’s imports exceeded its ex...
Tag: Plans
EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says
“We need to harmonize basic requirements for these smart contracts” to ensure interoperability, legal certainty and large scale deployment, said Breton, the commission’s lead official responsible for ...
Riyadh Sets Out Fleet Plans For New Airline To Rival Emirates And Qatar
Boeing 787 Dreamliner Boeing Saudi Arabia has set out its initial fleet plans for the country’s newest airline, Riyadh Air, which promise to make it the one of the largest carriers in the Middle East....
FDIC plans second SVB auction after first failed attempt
The US Federal Deposit Insurance Corporation (FDIC) is looking to make another attempt at auctioning assets of collapsed Silicon Valley Bank (SVB) after failing to find a buyer the first time. Accord...
Trump Has ‘No Plans’ To Meet With Manhattan Grand Jury Probing Stormy Daniels Payments
Topline Trump has “no plans” to participate in a Manhattan grand jury’s investigation into his role in hush-money payments made to adult film star Stormy Daniels during his 2016 campaign for the White...
Ayala’s ACEN Earmarks $1.3 Billion In Capital Expenditures This Year To Support Asia-Pacific Expansion Plans
The wind mills in the northern Philippine province of Ilocos Norte are among the renewable energy … [+] assets owned and operated by Ayala Corp’s ACEN. JOEL NITO/AFP via Getty Images ACEN—...
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature Bank will rely on Wall Street and large financial institutions — n...
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, ...
Circle Plans to Cover USDC Shortfall After SVB Shutdown
Circle, the issuer of the stablecoin USD Coin (USDC), has been forced to take action to cover a significant shortfall in its reserves after the closure of Silicon Valley Bank (SVB), one of the largest...
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
USD Coin (USDC) issuer Circle plans to use “corporate resources” to cover the shortfall on its reserves following Silicon Valley Bank’s shutdown, said the company in a statement on M...
The IMF Plans to Watch El Salvador and Its BTC Habits Closely
The International Monetary Fund (IMF) has stated that the risks surrounding bitcoin use in El Salvador have not necessarily shown themselves yet. However, the agency has reported it’s necessary to sta...
Manchester City Plans For Etihad Stadium Expansion Include A Workforce Of The Future
An aerial view of Etihad Stadium in Manchester, England. (Photo by Ryan Pierse/Getty Images) Getty Images Manchester City Football Club manager Pep Guardiola has an idea about who might succeed him in...
GE’s Big Plans Are Luring Wall Street Bulls. Target Price Doubled.
Wall Street is feeling more bullish about General Electric stock. Significantly more bullish in one instance. GE (ticker: GE) hosted its 2023 analyst and investor event in Cincinnati, Ohio on Thursday...
Crypto Regulation Overhaul Plans Gaining Traction At Republican House
Crypto regulation could see a major overhaul as House Republicans take steps to revamp the oversight of the emerging class asset. According to Rep. French Hill, who leads the Digital Assets, Financia...
Deaton Plans to Counter Suit As Regulators Allege Ethereum is Security After XRP
After XRP, Regulators Allege Ethereum (ETH) Is a Security. The NYAG alleges that ETH passes Howey’s test, positing that it “is a speculative asset that relies on the efforts of third-party developers ...
YouTuber Fighting Against Elon Musk’s Plans For New Town In Texas
Chap Ambrose, who’s taken to YouTube to fight against Elon Musk’s plans for a new town near his home … [+] in Texas. YouTube Elon Musk has plans to build and incorporate a new town o...
Saturday Night Live Post Production Crew Plans Strike
New York, United States – August 24, 2016: The world headquarters for NBC News, the Saturday Night … [+] Live studios and the Rainbow Room. getty A group of Saturday Night Live’s post-prod...
Opticash Plans To Solve The Scalability Issue Of Cryptocurrencies
As the adoption of cryptocurrencies continues to grow, so does the issue of scalability. Opticash is an all in one digital payment solutions provider powered by blockchain and securely audited by Cert...
Gate.io announces plans to launch Visa debit card in Europe
Weeks after Visa (NYSE: V) announced a long-term strategic partnership with a cryptocurrency payments platform Wirex to launch crypto-enabled debit and prepaid cards, Gate Group, the company behind th...
Crypto firm Gate announces plans to launch Visa debit card in Europe
Weeks after Visa (NYSE: V) announced a long-term strategic partnership with a cryptocurrency payments platform Wirex to launch crypto-enabled debit and prepaid cards, Gate Group, the company behind th...
Trump Plans Book With Letters Celebrities—Including Oprah, Hillary Clinton, Nixon, Kim Jong-Un—Sent Him
Topline Former President Donald Trump will publish a new book in April featuring 150 private letters that major celebrities and political figures have sent to him over the past few decades, Axios firs...
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...
Mt. Gox’s largest creditor plans to retain Bitcoin payout which means..
Bankrupt crypto-exchange Mt. Gox’s largest creditor will not sell the BTC it will receive in September BTC holders have been worried about selling pressure emanating from a market dump Mt. Gox Investm...
Mt Gox Investment Fund Plans to Hold on to Recovered Bitcoins, Early Payout Scheduled for September
The Mt Gox saga continues as the Mt Gox Investment Fund announces its decision to hold on to the Bitcoins that are set to be returned later this year. The fund has purchased claims against the now-def...
The Mt. Gox Investment Fund Has No Plans to Sell its Owed BTC
The Mt. Gox Investment Fund, the defunct Bitcoin exchange’s largest creditor, has no plans to sell the Bitcoins it will receive later this year. According to a March 9 Bloomberg report, the Mt. Gox In...
Jack Dorsey’s Block Unveils Plans for Its DIY Bitcoin Mining Development Kit
The MDK would be useful for integrating Bitcoin mining into multiple use cases such as heating solutions, off-grid mining, home mining, or intermittent power applications Jack Dorsey‘s Block Inc has b...
Silvergate to shut down; 3AC founders advance OPNX plans
Ad The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. M...
MakerDAO Plans to Ramp Up its US Treasury Bond Investments to $1.25B
MakerDAO recently announced the extension of its US treasury bond investments. The extension is from $500 million to $1.25 billion. The strategy is expected to provide an annual yield of 4.6% to 4.5%....