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Get Ready for 'CeDeFi' While Crypto CEO Warns of a DeFi Bubble


Major crypto exchange Binance announced that they are attempting to bridge decentralized (DeFi) and centralized finance (CeFi) via a new support fund, prompting discussions of the creation of "CeDeFi." At the same time, crypto market data provider Messari CEO warned of a DeFi bubble...

SUSHI Trims Losses as FTX CEO Takes Control of SushiSwap


SUSHI, the native token of a recently launched DeFi protocol, SushiSwap, recovered some of its losses after Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, agreed to take over admin keys to the protocol from Chef Nomi, the anonymous creator of SushiSwap. At pixel time (09:42 UTC), SUSHI...

Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO


After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...

Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa


Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI)...

Bitcoin Will Break Out This Year, Says Devere CEO


The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...

Crypto Exchange CEO 'Assaulted, Extorted Staff, Ordered Data Manipulation’


Under-fire South Korean crypto exchange Coinbit has denied manipulation allegations after police raided the firm’s headquarters – but an ex-employee alleges the exchange’s “violent” CEO assaulted staff, and extorted and threatened employees. Per Seoul Shinmun, a Coinbit official stated that...

US Election & Weakening USD Will Fuel Bitcoin Price - deVere Group CEO


"History will show that 2020 was a breakout year for Bitcoin," said Nigel Green, the Chief Executive Officer (CEO) of deVere Group, a financial advisory and fintech organization. The analyst said Bitcoin’s price will soar, prompted by the upcoming US presidential election in November...

'Avoid Bitcoin Like a Plague' RyanAir CEO Says


The enraged Chief Executive Officer of major budget airline RyanAir, Michael O’Leary, stated that he hated Bitcoin, adding that everyone should avoid the world's number one crypto like a plague. This follows the use of the CEO’s image to promote a bitcoin (BTC) scam. "I have never, and would...

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