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Nalezeno "emergency": 131

Voyager's $1B sale to Binance.US put on hold by US court

28.3.2023
A federal judge has temporarily halted a proposed deal between Voyager and Binance.US in order to give the government more time to pursue appeals that challenge the deal

US contemplates 'expanding' emergency lending facility for banks: Report

26.3.2023
While the Federal Reserve liquidity offerings must be equally accessible to "all eligible users," unnamed sources reportedly warned that it could be “made in a way” to ensure First Republic Bank benefits

Shares of Deutsche Bank, Other Euro Lenders Tumble

24.3.2023
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...

Switzerland preparing emergency measures for UBS' takeover of Credit Suisse: Report

19.3.2023
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation

On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

16.3.2023
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global...

MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging

13.3.2023
The community proposal comes just days after DAI followed its fellow stablecoin USDC in slipping beneath the one-dollar mark

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

11.3.2023
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of...

Maker DAO files emergency proposal addressing 3.1B USDC exposure

11.3.2023
"Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less," says Maker

SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme

7.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make...

SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme

6.3.2023
The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang

ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...

Crypto lender Genesis has no solution yet for withdrawal halts

8.12.2022
Genesis said it will take additional weeks to carve out a recovery path for its lending business

Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened

18.11.2022
The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week. Details about the emergency loan sought by Genesis was shared by the Wall Street Journal on Thursday, with the newspaper citing a confidential...

Serum’s SRM Tokens Double in Price After Emergency Fork in Wake of FTX Hack

15.11.2022
The Serum token price rose as high as 32 cents, from a low of 12 cents just two days ago, as community members of the decentralized exchange scrambled to implement an emergency fork in the wake of security concerns triggered by the hack of Sam Bankman-Fried's FTX exchange

Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors

10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...