Cryptocurrencies have been facing problems; lately, one of which is the legal issues Ripple has faced. It has been in confrontation with the US Securities and Exchange Commission. The main point that ...
Tag: Plans
Tencent Leads China Tech Losses as Major Backer Plans to Cut Its Stake
(Bloomberg) — Chinese technology stocks fell as a plan by Tencent Holdings Ltd.’s major backer to further cut its stake in the company fueled concerns more investors may look to take profits fol...
European Union Plans to Ban Interest Payments on Deposits in Stablecoins
Gamza Khanzadaev European lawmakers will hold final discussion of bill on regulation of cryptocurrencies on June 30 The European Union is preparing to ban cryptocurrency platforms from charging intere...
Vibe Bio CEO explains how this DAO plans to revolutionize the trillion dollar pharmaceutical industry
Episode 58 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Alok Tayi, Co-Founder & CEO of Vibe Bio. Listen below, and subscribe to The Scoop on Apple, Spotify, G...
Ripple opens first office in Canada, plans to hire 50 engineers
Ripple announced the opening of a new office in Toronto, its first in Canada, which will serve as an engineering hub supporting its growth in North America, the company said in a news release. The dis...
Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets
The crypto markets are going through a rough phase. Bitcoin has crashed more than 70% in 8 months. Amidst the crash, several companies are laying off their employees, desperately trying to save cash. ...
Crypto exchange Bitget plans to double workforce to 1,000 over next six months
Singapore-based crypto exchange Bitget plans to double its workforce to 1,000 employees over the next six months despite the current market downturn, it said in a news release on Thursday. Since the b...
Albania plans to begin taxing crypto-derived income next year: Exit News
Albania is set to begin taxing income derived from cryptocurrency next year, according to a draft law, local English-language website Exit News reported on Friday. Some have questioned whether the cou...
FTX reportedly plans to acquire a stake in BlockFi
FTX, one of the largest cryptocurrency exchanges, is set to acquire a stake in BlockFi. BlockFi is a cryptocurrency lending firm recently bailed out by Alameda Research after facing liquidity issues. ...
Gareth Bale And Neymar Have Different Plans; Both Reflect The Same Issue
In contrast to Wales, Bale has been frozen out at Real Madrid but could be leaving the club soon. Getty Images Finally, after months of frustration on both sides, Real Madrid appears ready to offload ...
Axie Infinity’s Creator Sky Mavis Announced Plans To Reopen Ronin Bridge
Altcoin News Sky Mavis reported that the re-designed Ronin Bridge had passed an audit. In April, the business received $150 million in further capital funding. Axie Infinity’s creator, Sky Mavis, has ...
FTX Plans to Acquire Stake in Crypto Lender BlockFi: Report
FTX, the cryptocurrency exchange led by billionaire Sam Bankman-Fried, has entered negotiations to acquire a stake in the beleaguered crypto lending firm BlockFi, according to a report today in the Wa...
XRP is up more than 10% after Ripple announced plans to…
Chatter around Ripple has increased this week amid important news development regarding the company. The SEC draws closer to a statement regarding the long-standing lawsuit against Ripple, as well as ...
Ontario Tech Firm Plans Car Use Reduction By Gifting $3,500 E-Bikes To 54 Staffers
Tern HSD e-cargo bike. Mobility Holdings Inc Fifty staff of London, Ontario, digital agency Northern Commerce will be presented with $3,500 e-bikes at a presentation on Sunday, June 26. Only one of th...
Ripple plans to hire 50 engineers as it opens an office in Toronto
Ripple has announced that the company has opened a new office in Toronto, Canada and intends to employ 50 engineers with the objective of expanding to hundreds of blockchain software developers, inclu...
Is Altria Stock a Buy Despite FDA Plans to Take JUUL Products off the Market? Analyst Weighs In
Altria (MO) investors got smoke in their eyes on Wednesday, seeing the shares shed 9% in the session. The decline came on account of a report stating the FDA is readying to order Juul to pull its vapo...
What The De’Anthony Melton Trade Means For The Sixers’ Free-Agency Plans
SAN FRANCISCO, CALIFORNIA – MAY 07: De’Anthony Melton #0 of the Memphis Grizzlies dribbling the ball … [+] looks to drive against the Golden State Warriors in the second half of Game...
Coinbase plans to replace the Pro feature with Advanced Trade
Coinbase has announced that it is phasing out the Coinbase Pro feature. Coinbase Pro will be discontinued by the exchange by the end of this year, according to the blog post published by Coinbase. Coi...
Crypto Payment Firm Roxe Plans to Go Public via $3.6B SPAC Deal With Goldenstone
Global blockchain payments infrastructure firm Roxe Holding has signed a merger agreement with New York-based special purpose acquisition company (SPAC) Goldenstone Acquisition Limited. Roxe Plans to...
Watch Jerome Powell testify to Congress on the economy and how the Fed plans to fight inflation
[This stream is set to start at 9:30 a.m. ET.] Federal Reserve Chair Jerome Powell on Thursday concluded two days of testimony in front of Congress, speaking in front of House members. In remarks for ...
Solana NFT Marketplace Magic Eden Raises $130M, Plans Multi-Chain Expansion
In brief Magic Eden, the leading Solana-based NFT marketplace, has raised $130 million at a $1.6 billion valuation. The marketplace plans to expand beyond Solana to include other platforms, as well. M...
Tether Plans to Launch Another Stablecoin Pegged to the British Pound Sterling
USDT stablecoin issuer Tether announced Wednesday its plan to launch a new stable digital currency pegged 1:1 to the British Pound Sterling. The firm disclosed that the new stablecoin, dubbed GBP₮, wo...
Big Changes to 401(k) Retirement Plans Get Closer With Senate Vote
Americans could wait longer to start emptying retirement accounts and face fewer restrictions on emergency withdrawals under a bill advanced unanimously Wednesday by the Senate Finance Committee. The...
Qatar plans to launch its own CBDC “Qatari Riyal”
Recently Qatar announced the launch of its crypto, or CBDC, backed by the central bank. According to reports, the country is in the token creation phase; it is expected to be launched in the coming mo...
HM Treasury pushes back plans to collect data from unhosted crypto wallets
The UK government has announced plans to alter a proposal that required cryptocurrency firms to gather personal data from individuals who have unhosted wallets. The government had passed this proposal...
Kellogg Reveals Plans to Split Into 3 Companies as Shares Jump
Kellogg is carrying out a major shakeup of its company for the first time in over a century of existence. Popular food company Kellogg (NYSE: K) may have just announced its plans to split into three s...
Solend Whale Moves $25M to Another Platform Despite Canceled Plans to Seize Their Wallet
Solend – a DeFi lending protocol built upon the Solana blockchain – attempted to take over a whale account that supposedly could put the protocol in trouble due to its colossal size of collateral at r...
Magic Eden’s Zedd talks expansion plans after the NFT marketplace raises $130 million
Episode 56 of Season 4 of The Scoop was recorded in-person with The Block’s Frank Chaparro and Magic Eden Co-Founder & COO, Zedd. Listen below, and subscribe to The Scoop on Apple, Spotify, Google...