The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered a series of events that impacted millions of businesses, venture capitalists and bottom...
Tag: Pledges
Circle Pledges To ‘Stand Behind’ USDC And Cover Missing Liquidity In Failed Silicon Valley Bank ⋆ ZyCrypto
Advertisement     Circle Internet Financial has promised to resume normal USDC liquidity operations from Monday, enabling the redemption of the troubled stablecoin at ...
Warren pledges to reintroduce crypto anti-money laundering bill
Sen. Elizabeth Warren, D-Mass., said she plans to reintroduce legislation with Sen. Roger Marshall, R-Kan., that would extend anti-money laundering laws to a broad array of the cryptocurrency ecosyste...
Bitzlato Co-Founder Released After Arrest in Moscow, Pledges Relaunch of Seized Exchange
At the same time, he said the team was proactive about catching potentially criminal use of the exchange and from time-to-time even browsed the Hydra darknet marketplace in search of Bitzlato users. W...
Justin Sun’s Tron Foundation Pledges to Invest $100 Million in A.I
Tron to launch ChatGPT-based payment system. ChatGBT is one of the most popular Artificial Intelligence chatbots, with 100M users after its launch. Google and OpenAI are closely competing with each ...
Crypto Community Pledges Aid to Turkey & Syria Though Struggles Momentarily
Turkey, and Syria were struck by a series of earthquakes considered to be the worst in the last 100 years Allegedly some 23 million people are affected by the calamity, states WHO February 06 and 07, ...
Zara Boss Pledges To Double Disabled Workforce Within Two Years
Zara owner Inditex has pledged to a workforce of more diverse abilities within two years. Photo: … [+] MIGUEL RIOPA/AFP via Getty Images AFP via Getty Images Zara owner Inditex has committed the...
Shanghai pledges tax cuts, government subsidies for ailing small businesses as city sharpens focus on economic recovery in 2023
Shanghai, the financial and commercial hub of China, has pledged to roll out more relief measures to support ailing small businesses hit hard by past pandemic curbs, as the metropolis pursues a consum...
Binance Pledges Support For Terra Classic Upgrade To End LUNC Re-Mints
– Advertisement – Binance would temporarily suspend LUNC, USTC, and ANC deposits and withdrawals during the upgrade. Binance, the world’s leading crypto exchange by trading volume, has ple...
Sam Bankman-Fried Pledges Personal Assets To FTX Customers: Pre-Mortem Report
– Advertisement – Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack. Sam Bankman-Fried said he believes FTX US is solv...
Binance Pledges $2 Billion to “Save Crypto”
Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance Is Looking to Save the Crypto Space The crypto...
USDT Stablecoin Issuer Tether Pledges to Eliminate Loans by 2023
11 mins ago | 2 mins read Altcoin News As of September 30th, the company claims that it has loaned out $6.1 billion. The company’s total assets surpassed $68 billion in the third quarter alone. In lig...
Gate.io pledges $100M to revive crypto and rebuild investor confidence
In a move to tone down the negative impacts of the bear market and recent ecosystem collapses, crypto exchange Gate.io has launched an industry liquidity support fund with an initial commitment of $10...
Binance Labs Pledges $4.5 Million Investment in Ambit Finance
Both Ambit Finance and Binance Labs will work together on launching future DeFi apps with a focus on innovation, security, and risk control. Earlier today, December 2, crypto exchange Binance announce...
FTX Pledges Continued Pay to Select Employees and Contractors
The beleaguered FTX International exchange is still trying to keep its head above water. Its latest move has been to reassure some staff and subsidiaries that they’ll still get paid. On Nov. 28, FTX T...
Binance Pledges Up To $2 Billion To Bail Out Distressed Crypto Firms As FTX Contagion Spreads
Changpeng Zhao, cofounder and CEO Binance, spoke at a summit in Lisbon, Portugal in early November. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Binance, the world’s largest cryptocurr...
ASIC’s Longo pledges action against certain ‘high-risk’ crypto products
Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk produ...
Intel Pledges More Cost Cuts as Sales Forecast Misses Estimates
(Bloomberg) — Intel Corp. shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and pr...
Dogecoin Sprints North As Musk Pledges To Close Twitter Acquisition Deal By Friday — $1 DOGE Coming? ⋆ ZyCrypto
Advertisement     After stagnating for weeks, Dogecoin sprung on Tuesday, surging by almost 15% after news that Elon Musk was planning on closing the Twitter deal befo...
Emissions reductions pledges ‘nowhere near’ what’s needed, UN says
A boat photographed in Turkey. This year’s COP27 climate change summit will look to build on the work undertaken at COP26 in Glasgow. Temizyurek | E+ | Getty Images Countries are not doing enoug...
Rishi Sunak pledges to fix mistakes as he becomes UK PM
Britain’s new Prime Minister Rishi Sunak delivers a speech outside Number 10 Downing Street, in London, Britain, October 25, 2022. Hannah Mckay | Reuters LONDON — Rishi Sunak on Tuesday became t...
Yellen warns of ‘dangerous and volatile environment’ as she pledges to bolster Treasury market
““We’ve experienced energy shocks, food shocks, supply shocks, persistent inflation in many countries around the world, rising interests rates in many parts of the world and we have seen some financia...
Stellantis debuts electric Jeep, pledges new energy target
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that t...
Gates Foundation Pledges $1.2 Billion To Polio Eradication
Topline The Bill and Melinda Gates Foundation announced Sunday it will donate $1.2 billion to help eradicate wild polio in the two remaining countries—Pakistan and Afghanistan—where the virus is endem...
Yuga Labs Pledges $1M to Education and Arts Initiatives in City of Miami
Miami natives and Yuga co-founders, Wylie Aronow and Greg Solano, to lead initiative to expand arts and STEM education access in underserved communities Initiative will start with $300K contribution t...
Biden Pledges ‘Consequences’ For Saudi Arabia Over Oil Production Cuts
Topline President Joe Biden told CNN on Tuesday Saudi Arabia will face “consequences” for joining with Russia and other major energy producers to slash oil production, a move that has driven fears of ...
UK’s Liz Truss pledges tax-cutting future in speech plagued by protest
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil. Jacob King | Pa Images | Getty Images LONDON — British Prime Min...
Billionaire Lululemon Founder Pledges $75.8 Million To Protect Canada’s Wilderness
Topline Chip Wilson, the billionaire founder of athleisure giant Lululemon Athletica, announced Thursday he and his wife, Summer, have pledged $75.8 million—a bit less than 2% of his net worth—toward ...
Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’
U.S. Treasury Secretary Janet Yellen on Thursday pledged to pursue tax increases for high-earning Americans in a bid to keep U.S. finances sound, as she gave a speech in Michigan on the Biden administ...
U.K.-based Exchange Pledges Support for Terra LUNA Classic (LUNC) Revival Through Weekly Burns
– Advertisement – Y-5 Crypto Exchange Pledges Support for Terra LUNA Classic Revival By Implementing 1.2% Tax Burns on All LUNC Transactions. The U.K.-based exchange has declared support...