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US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin
2.7.2022
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest fraud scheme case involving the cryptocurrency. CFTC Takes Action Against MTI The CFTC...
The Crypto CEO Who Doesn't Want the Job
1.7.2022
TK
Ignite CEO announces departure after seven years
1.7.2022
Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May
Custodia Bank's CEO Says Bad Actors and Regulators Caused Crypto Crash
1.7.2022
Caitlin Long said bankruptcies were inevitable the moment bitcoin “started being leveraged, rehypothecated, or financialized with debt.”
Ignite CEO Peng Zhong Announces Departure Shorty After Re-Org
1.7.2022
Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.”
Three Arrows CEO Zhu Su Seeks to Sell Luxury Singapore Mansion – Reports
1.7.2022
Zhu Su, the co-founder and CEO of the troubled crypto hedge fund Three Arrows Capital, is reportedly seeking to sell a mansion he owns in Singapore.
The CEO has been trying to offload at least one of his so-called good-class bungalows in the past couple of weeks, Bloomberg reported, citing...
Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
30.6.2022
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82...
CoinFlex CEO says withdrawals unlikely to resume on Thursday
30.6.2022
CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals
Cyberpunk 2077 QA CEO Claps Back, Says People Don’t Understand Testing
29.6.2022
Cyberpunk 2077 will always be a cautionary tale of how not to make and release a game. It was notoriously marred by technical bugs and developmental woes and now, according to a new report from YouTuber Upper Echelon Gamers, a QA firm allegedly misled CD Projekt Red during the game’s development....
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
29.6.2022
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...
FTX CEO: Some Smaller Exchanges Are ‘Too Far Gone,’ ‘Insolvent,’ and Unlikely to Be ‘Saved’
29.6.2022
Sam Bankman-Fried, the Founder of the crypto trading platform FTX, has warned that more crypto exchange failures “are coming,” and has stated: “There are some third-tier exchanges that are already secretly insolvent.”...
Read More: FTX CEO: Some Smaller Exchanges Are ‘Too Far Gone,’ ‘Insolvent,’...
CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the Claim
29.6.2022
Mark Lamb, CEO of crypto derivatives exchange and yield platform CoinFLEX, has revealed that the "high integrity" individual whose account went into negative equity during recent market volatility is the Bitcoin Cash (BCH) proponent Roger Ver.
The revelation came after Ver, who is also referred...
Roger Ver denies CoinFLEX CEO's claims he owes firm $47M USDC
29.6.2022
Not mentioning CoinFLEX by name, Roger Ver said he had not “defaulted on a debt to a counter-party,” and alleged the platform owed him “a substantial sum of money.”
Compass Mining CEO and CFO Resign Amid 'Setbacks and Disappointments'
28.6.2022
The company appointed Chief Technology Officer Paul Gosker and Chief Mining Officer Thomas Heller as interim Co-Presidents and CEOs
Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy
28.6.2022
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly...
'Crypto is just like the end of the 90s with the internet bubble,' says Hodl CEO Maurice Mureau
27.6.2022
Mureau remains bullish on crypto's outlook despite a severe bear market in recent months
Web3 Adoption Is 'Inevitable,' Blockchain Creative Labs CEO Says
27.6.2022
“We believe we can leverage the Fox platform to teach people what it means [for] them to value a digital good [and] the value of an NFT,” Blockchain Creative Labs CEO Scott Greenberg said during an interview with CoinDesk at NFT.NYC
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
27.6.2022
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark...
Ubisoft CEO Takes $300,000 Pay Cut After Company’s Poor Performance
24.6.2022
The latest Ubisoft earnings reports shared that longtime chief executive Yves Guillemot will voluntarily take a sizable pay cut totaling €310,607 (around $327,000 USD).Read more
Ripple CEO criticizes SEC for 'contradictions' on crypto regulations
23.6.2022
“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States," said Brad Garlinghouse