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Tag: Plans
Energy providers hit out at regulator’s plans to protect UK consumers
A pledge by the energy regulator to crack down on electricity and gas suppliers using customers’ credit balances like an “interest-free company credit card” has been condemned by providers as “inadequ...
Treasury Abandons Plans to Introduce KYC on Unhosted Wallets in UK
The United Kingdom Treasury has backtracked on plans to require all senders of crypto funds to collect information that identifies the recipients of those funds. The Treasury said it makes little sens...
Tether Defends USDT Reserves, Plans To Undergo Full Audit
Tether’s CTO Paolo Ardoino on Monday said Tether (USDT) has survived short selling and redemptions amid the crypto market crash. Moreover, Paolo Ardoino believes Tether has always been more transparen...
US Labor Department Witnesses Condemnation Over 401(k) Bitcoin Plans
Along with the support from Coinbase and Block, The Crypto Council For Innovation (CCI) is criticizing the US Labor Department due to its previous guidance in March. It warned consumers about the dang...
USDD Crash To New Lows, Justin Sun’s Revival Plans Continue To Fail
Last week, the Tron ecosystem suffered a huge setback when the USDD stablecoin lost its $1 peg. This caused traders to be concerned, as USDD was released last month as a competitor to Terra’s UST, an ...
Celsius Network plans to adopt a Bitfinex-like recovery plan
The lead investor at Celsius Network BnkToTheFuture, and the co-founder of the protocol Simon Dixon, have proposed a recovery plan for the Celsius Network. The two have proposed implementing the same ...
U.S. Department of Labor Faces Scrutiny on Bitcoin 401(k) Plans
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI)...
Russia plans to mine Bitcoin using flare gas
Russia continues to hint at its commitment to becoming a leading cryptocurrency hub. The recent sanctions imposed on the country have led to government agencies looking for alternative ways they can i...
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo. In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part...
Elon Musk Reveals Crypto Twitter Plans in Leaked Transcript
Elon Musk shared further details of his plans for how crypto could be used on Twitter in a leaked Q&A session with employees of the social media company. Per a transcript of the meeting released b...
Leading Exchange FTX Announces Plans to Buy Canadian Crypto Firm Bitvo
2 hours ago | 2 mins read Exchange News The purchase is scheduled to conclude in the third quarter of 2022. On June 6, SBF indicated FTX would not reduce or freeze its employment. A deal has been reac...
This $400 Mln Fund Plans To Invest In Crypto Despite A Coming Winter
Huobi co-founder Du Jun and Chinese Web3 investor “BMAN” Lee said on Friday launched a new $400 million fund to invest in crypto projects. The fund, called ABCDE Capital, will seek to support between ...
Binance Plans South Korea Re-entry Amid Global Expansion
The world’s largest crypto exchange Binance plans to re-enter the South Korean market amid its mission to expand in Southeast Asia. Binance’s CEO “CZ” announced his plan to re-enter South Korea in an ...
Rafael Nadal Plans To Play Wimbledon As He Seeks 3rd Leg Of Calendar Grand Slam
LONDON, ENGLAND – JULY 14: Rafael Nadal of Spain celebrates a point against Novak Djokovic of Serbia … [+] during their Men’s Singles semi-final match on day twelve of the Wimbledon ...
Elon Musk’s plans for Twitter detailed in leaked transcripts
Transcripts of Elon Musk discussing his plans for Twitter and crypto payments in a Q&A have been leaked. The Tesla CEO highlights his love for Twitter, and his plans for the platform going forward...
“We’ve Been Preparing For This,” Ripple CEO Reveals Huge Growth And Hiring Plans Despite The Crypto Winter ⋆ ZyCrypto
Advertisement     Ripple CEO Brad Garlinghouse has stated that the firm will keep hiring despite the ongoing crypto carnage. In a thread of encouraging tweets on Tuesd...
Elon Musk Hints at Crypto Plans in First Twitter Meeting
Key Takeaways Elon Musk held a meeting with Twitter employees today to discuss plans for the social network following his takeover. Specifically, he discussed plans concerning the addition of crypto p...
FINRA plans to absorb employees laid off by crypto firms
The cryptocurrency market has been in a bearish state for the better part of this month, and the outflows are squeezing out the capital available to crypto firms. Some of the largest cryptocurrency co...
Crypto Exchanges Defy Job Cut Trend and Tease Hiring Plans
Crypto platforms Binance, Kraken, and FTX have defied the market by announcing hiring plans as others lay off staff. Binance said that it will hire 2,000 staff, while Kraken has over 500 roles to fill...
AAX Continues Global Expansion Plans Despite Recent Market Breakdown
4 hours ago | 2 mins read Exchange News AAX (aax.com) is hiring hundreds of people as part of its intention to double its workforce this year in order to support its worldwide development objectives. ...
Major Banks Urge Rethink of European Union’s CBDC Plans
In a response to a European Commission consultation that closes Thursday, the Institute of International Finance (IIF) said there seemed to be an assumption that a central bank digital currency (CBDC)...
Crypto exchange AAX plans to recruit more staff despite bear market
AAX (aax.com), a digital assets exchange platform with offices across the Asia-Pacific region, has announced plans to expand its services further. According to the company, this will happen via fresh ...
Travel costs are up but travelers aren’t canceling their plans yet
Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which c...
US House Committee Chairman Seeks Insights into Crypto Retirement Plans
The US House Ways and Means Committee chairman has asked the Government Accountability Office (GAO) to study cryptocurrency investment options in the major defined contribution (DC) plans. The DC pla...
Binance Plans to Hire 2,000 New Employees Against Coinbase & Gemini Layoffs and SEC Investigation
Despite the carnage on the streets of the cryptocurrency world, Binance, one of the world’s largest and most popular crypto exchanges by trading volume, does not plan to roll back its expansion ...
Binance CEO plans to leverage crypto winter
Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter f...
Ripple CEO Brad Garlinghouse reveals how his company plans to thrive during the bear market.
With the crypto market experiencing one of the worst winters in recent years, many crypto companies have reacted cautiously, with the likes of Crypto.com and Gemini Trust cutting their workforce by as...
‘Nothing issue’ — MicroStrategy CEO plans to hodl Bitcoin ‘through adversity’
Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms. In a tweet on June 14, Michael Saylor sought to allay fears that his ...
Raoul Pal Unveils His “Buy the Dip” Plans as His Opponent Recalls 2008 Disaster
Vladislav Sopov Renowned economist Raoul Pal, head of Real Vision media platform, shares his moderate optimism amid crypto mayhem Contents Bottom might be close, but recession can still last for 18 mo...
U.S. Firms In Shanghai Cutting Revenue Forecasts, Investment Plans After Lockdowns — Survey
A police patrol vehicle monitors the crowd along Shanghai’s iconic Bund on June 1. Lockdown … [+] restrictions have eased in much of the city this month but residents face stringent travel...