Search
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals
19.11.2022
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management...
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...
Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives
13.11.2022
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. Kraken...
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
12.11.2022
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen...
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
Vietnam Businesses Urge for Blockchain Training of Students and IT Specialists
6.11.2022
Members of the expanding blockchain sector of Vietnam have called on government and educational institutions to turn more attention to the deficit of talent. With the shortage of qualified personnel being a global challenge, they say the country needs to address the lack of training. Industry...
What will Crypto Twitter look like post-acquisition? Blockchain executives share their insights
3.11.2022
Many stakeholders expressed a desire to see more decentralization on the quintessential social media platform for the blockchain industry
Web3 Game Developer Mythical Games Loses 3 Top Executives
3.11.2022
SVP Chris Ko, COO Matt Nutt and Co-Founder Rudy Koch announced their departures on Wednesday and each hinted at new ventures
Bitcoin Mining Host Compute North Paid Executives $3M on the Day It Declared Bankruptcy
3.11.2022
Co-founder Dave Perrill got more than $600,000, even as Compute North was forced to put a freeze on payments to creditors
Crypto executives discuss the emergence of Web3 tech hubs around the world
2.11.2022
While the San Francisco Bay Area and Miami are the traditional top picks, Singapore — or just about anywhere in the world with stable internet — has also been gaining in popularity
Report: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure
31.10.2022
According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident. Report Says Hodlnaut...
Voyager Digital won’t sue its executives for incompetence, will claim insurance on them
18.10.2022
CEO Stephen Ehrlich and financial head Evan Psaropolous will keep their jobs even though they okayed a huge loan to Three Arrows Capital without sufficient due diligence
Survey: 98% of CEOs Preparing for US Recession — Confidence at Lowest Level Since Great Recession
17.10.2022
The Conference Board has found that 98% of chief executives surveyed are preparing for a U.S. recession while 99% of CEOs are preparing for an EU recession. “CEO confidence sunk further to start Q4 and is at its lowest level since the Great Recession,” the organization said. 98% of CEOs...
Meta’s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives
10.10.2022
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much,...
Court docs reveal details about thousands of Celsius customers
7.10.2022
The data of thousands of Celsius customers revealed in court also included its executives showing millions withdrawn from the platform in the weeks before it was suspended to the public
60% of Latam Professionals Open to Using Metaverse Tools at Work: Study
30.9.2022
Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company. The study, which surveyed 15,000 business workers from all around the world, found that there...
Three Senior Executives Jump from BlockFi Ahead of FTX Acquisition: Sources
8.9.2022
BlockFi’s Global Head of Institutional Distribution David Olsson, Head of Private Clients Samia Bayou, and Senior Institutional Sales Director Shane O’Callaghan are leaving the company, according to people familiar with the matter
Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing
26.8.2022
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies...