After depegging yesterday, USD Coin (USDC) rallied back to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves amid the Silicon Valley Bank (SVB) cri...
Tag: Pledge
Dow Jones Dives As Powell Makes This Pledge; Tesla Stock Fightback Falters As Rivian Craters
The Dow Jones Industrial Average closed sharply lower after testimony by Fed Chair Jerome Powell unleashed a wave of fear on Wall Street. An attempted fightback by Tesla (TSLA) faltered while rival EV...
Binance renews pledge to create and fund Web3 education for women
Binance, the largest cryptocurrency exchange in the world by trading volume, is reiterating its commitment to increasing the number of women who are both engaged and employed in the Web3 industry in l...
Crypto exchanges pledge to aid Turkey’s earthquake victims
Following a devastating earthquake that has killed over 1,700 people so far and razed parts of Turkey and Syria to the ground, support from the cryptocurrency sector is pouring in, and multiple crypto...
NVAX Stock Outperforms Vaccine Stock Rivals On Pledge To Update Covid Vaccine
Novavax (NVAX) plans to update its Covid shot for new variants, and NVAX stock outperformed its vaccine rivals on Friday. X The decision follows an advisory committee meeting at the Food and Drug Admi...
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy – Finance Bitcoin News
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary aut...
Evergrande’s Billionaire Founder Begins New Year With Another Pledge To Pay Down Debt
Evergrande founder Hui Ka Yan has started the new year with a new pledge. South China Morning Post via Getty Images Hui Ka Yan, the embattled founder of real estate developer China Evergrande Group, s...
Dow Jones Futures Await Fed’s Favorite Inflation Report; Tesla Rises Late On Elon Musk Pledge
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The Federal Reserve’s favorite inflation gauge is on tap Friday morning, while Tesla stock rose late...
NYC mayor stands by Bitcoin pledge amid bear market, FTX: Report
Eric Adams, who became mayor of New York City in January, has reportedly stood behind a campaign pledge to make the city a crypto hub, despite a drop in the price of many tokens in 2022. According to ...
Ripple Reiterates Its Commitment to A Low-Carbon Future After Signing The Climate Pledge
– Advertisement – Ripple has reiterated its commitment to contributing to a low-carbon future as it states its reasons for signing the Climate Pledge. Ripple, the American technology com...
Crypto.com to Release Cold Wallet Addresses After Proof-Of-Reserve Pledge
38 mins ago | 2 mins read Exchange News Crypto.com to publish the list of cold wallet addresses and balances for major assets. The exchange’s CEO recently announced the publishing of its audited proof...
Binance Makes a Proof-of-Reserve Pledge
After the market chaos that ensued earlier this week, Binance, and many other firms have pledged to soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings. CEO...
12 independent entities pledge legal support for Ripple
Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC). On Nov. 4, Ripple CEO Brad Gar...
Dow Jones Rallies; Twitter Gains As Elon Musk Makes This Pledge; Facebook Stock Craters
The Dow Jones Industrial Average rallied in a mixed session that saw the Nasdaq lose again. Twitter (TWTR) gained after Tesla (TSLA) CEO Elon Musk issued a takeover pledge. Facebook parent Meta Platfo...
SBF just $960M short of “dumb” donation pledge as midterms loom
Sam Bankman-Fried previously said that he intended to donate at least $100 million and as much as $1 billion in the lead-up to the 2024 United States Presidential election. However, as we approach the...
Binance and Sequoia Capital Pledge Millions In Funding For Elon Musk’s Takeover Deal
Tesla and SpaceX chief executive Elon Musk had managed to raise $7.14 billion out of the $44 million bid for Twitter from investors like Sequoia Capital, crypto exchange Binance, and Andreessen Horowi...
AI Ethics And AI Law Asking Hard Questions About That New Pledge By Dancing Robot Makers Saying They Will Avert AI Weaponization
What will happen if those fun-looking dancing robots become weaponized? Getty Images You might have perchance last week seen in the news or noticed on social media the announced pledge by some robot m...
China doubling down on fossil fuel usage despite carbon neutrality pledge
China is the world’s biggest emitter of greenhouse gasses and a premier driver of global warming. This realization has had China’s president Xi pledge to be carbon neutral by 2060, yet, most affluent ...
New UK government reaffirms pledge to embrace cryptocurrencies
The new British government has reaffirmed the pledge made earlier this year for the country to become a hub for cryptocurrencies. Since Boris Johnson left office it has not been widely known whether t...
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls – Coinotizia
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from ...
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls – Economics Bitcoin News
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from ...
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge
Updated Sept. 7, 2022 10:29 am ET Listen to article (2 minutes) The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman ...
Fed Officials Pledge More Big Rate Hikes Until There Is A ‘Meaningful’ Decline In Inflation
Topline The Federal Reserve reaffirmed that it is unlikely to take its foot off the pedal as it continues to raise interest rates until inflation eases in a meaningful way, with officials indicating t...
Tether (USDT) and USDC Issuer, Circle Pledge Support – crypto.news
Tether (USDT) and USD Coin (USDC) issuers have thrown their weights fully behind Ethereum transition to the proof-of-stake (PoS) consensus algorithm, as September 19, 2022, Merge date draws near, acco...
Tether, Circle Pledge Support for Proof-of-Stake Ethereum
Key Takeaways Tether and Circle will only support assets on Ethereum’s Proof-of-Stake chain following the Merge, both companies announced today. Tether said the Merge shouldn’t be “weaponized” against...
Chinese tech giants including Tencent and Ant Group pledge to ban NFTs
Leading Chinese tech companies, including Tencent, JD.com and Ant Group, have pledged to ban non-fungible tokens (NFTs) and crypto marketplaces as part of the country’s latest wave to outlaw the digit...
Biden And Democratic Governors Pledge To Increase Abortion Protections
Topline President Joe Biden met with Democratic governors in a video conference Friday to discuss efforts to protect access to abortion as more Republican-controlled states implement abortion bans in ...
Ice Cube Lands $100 Million NFL Pledge For Contract With Black America
Ice Cube told Forbes Nike also appears “receptive” about partnering with his Contract with Black America plan. Getty Images The NFL is partnering with entertainer Ice Cube’s pact to aid Black-owned bu...
G-7 Set to Ban New Russian Gold Imports in Pledge Backed by US
(Bloomberg) — US President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar with the plan said, the latest sanction in ...