Chinese electric car company BYD has expanded rapidly overseas, including announcements in recent months of plans to enter Thailand’s and Japan’s passenger car markets. Pictured here is a ...
Tag: Plans
Animoca plans acquisitions after $110 million funding round
Animoca have announced that it has completed a funding worth $110 million, which Temasek led. According to the update, the company noted that it will infuse the raised funds into new acquisitions. The...
Binance Plans to Enhance BNB Chain with ZK Rollup Technology
Binance will reportedly upgrade its smart-contract network to the Ethereum-popularized ZK rollup in 2023, to improve scalability. Leading crypto exchange Binance is reportedly on course to adopt the z...
India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks
The Reserve Bank of India (RBI) is engaged in talks with fintech companies and four public sector banks to pilot Central Bank Digital Currency (CBDC) project, with a potential launch planned later in ...
Congress has no plans to ban crypto- US Policymakers
There will be no ban on crypto- The House Democrat from California. Congressman Brad Sherman wishes to ban virtual assets. A vocal anti-crypto policymaker in the United States is allegedly accepting t...
ZachXBT Suffers Burnout, but Heroic Sleuth Has No Plans to Quit Just Yet
Crypto sleuth ZachXBT is unsure how much longer he can continue to investigate crooks and con artists, telling his Twitter followers, “It has taken a toll on other aspects of my life.” The cryptocurre...
Indonesian government plans to unveil a crypto bourse by the end of 2022
Join Our Telegram channel to stay up to date on breaking news coverage The Indonesian government plans to launch a crypto bourse by the end of the year. A report by a top government official has confi...
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge – Mining Bitcoin News
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its h...
No plans to auto-convert Tether, though that ‘may change’
Crypto exchange giant Binance has confirmed it has no plans to “auto-convert” Tether (USDT) to Binance USD (BUSD) at the moment, though it noted that this “may change.” On Tuesday, the crypto exchange...
US Lawmaker Says Congress Has No Immediate Plans To Ban Crypto: Report
A vocal anti-crypto lawmaker in the US is reportedly acknowledging that a ban on digital assets isn’t on the table in Congress right now. The Los Angeles Times reports that crypto skeptic Congressman ...
Markets Still Doubt Fed Rate Hike Plans, Franklin’s Desai Says
(Bloomberg) — Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is und...
Amazon Closes, Abandons Plans for Dozens of US Warehouses
(Bloomberg) — Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US,...
OpenSea Reveals Plans to Only Adopt Proof-of-stake NFTs Following Ethereum Merge
OpenSea says it will focus on supporting proof-of-stake NFTs after September’s Ethereum mainnet upgrade, seemingly abandoning everything PoW. Ahead of the highly-anticipated Ethereum Merge, non-fungib...
Digital Dollar Project Plans to Explore CBDC
Ripple to help explore solutions for U.S. CBDC The non-profit organization plans to work with crypto platforms like Digital Asset and Ripple They’ll explore technical and policy aspects of a digital ...
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
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BBBY Shares Experience Bloodbath as Bed Bath & Beyond Reveals Plans to Sell Its Stocks
While the overall outlook of the firm was further dampened with star investor Ryan Cohen offloading a huge chunk of his stake in the company, Bed Bath is committed to winning back the confidence of it...
Billionaire Sam Bankman-Fried Says FTX Crypto Platform Has No Plans To Acquire Rival Exchange Huobi
FTX chief executive Sam Bankman-Fried says his firm has no plans to acquire Seychelles-based crypto exchange platform Huobi. Bloomberg reported earlier this month that Huobi founder Leon Li was in tal...
Well, Harmony Has Some Post-Hack Plans!
A Big Compensation! The business has made a number of steps to recover its funds and improve the situation for its customers. One of the ideas it has made is this most recent one, however, some are no...
CEO Bankman-Fried Says FTX has No Plans to Acquire China’s Huobi – crypto.news
FTX has been active in the acquisitions area this year, buying up startups like Liquid and Bitvo despite the crypto winter. However, in a tweet sent out Monday morning by FTX Chief Executive Sam Bankm...
Antpool Discloses Its Plans to Stop Maintaining Ethereum Ethash Support
On August 27, Antpool informed its customers that post the Merge upgrade it will not be maintaining ETH assets. The crypto mining pool has provided September 3 as the deadline for an ETH address to co...
Bed Bath & Beyond Faces ‘Critical Months Ahead’ As Retailer Prepares To Give Strategic Update On Turnaround Plans
Topline Shares of meme-stock favorite Bed Bath & Beyond, which have swung wildly in recent weeks, initially jumped before moving lower on Tuesday, a day before the struggling retailer will provide...
FTX has no plans to buy crypto exchange Huobi, says CEO Bankman-Fried
FTX is not planning to acquire crypto exchange Huobi, the company’s founder and CEO Sam Bankman-Fried said on Twitter. Bankman-Fried’s comment follows a recent Bloomberg article naming FTX...
FTX’s Sam Bankman-Fried Says No Plans to Acquire Huobi
FTX founder and CEO Sam Bankman-Fried, also known as SBF, clarified that there are no plans to acquire cryptocurrency exchange giant Huobi, contrary to previous reports. Previously, TRON’s Justin Sun ...
Sam Bankman-Fried Denies FTX Has Plans to Purchase Stake in Huobi
Sam Bankman-Fried (SBF) is a well-known figure in the digital currency ecosystem, and while his personality gained popularity as a proficient crypto trader, his investment prowess is now largely stand...
Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi
Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF. In a Monday tweet, SBF explicitly denied a Bloomberg report that claimed FTX wa...
FTX Denies Any Plans to Acquire Huobi
Key Takeaways FTX CEO Sam Bankman-Fried said today that his firm has no plans to acquire the crypto exchange Huobi. That possibility was raised on Aug. 12 when Bloomberg suggested Huobi’s founde...