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US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns


Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...

Openai CEO Sam Altman Believes Processing Power Might Be the New UBI


Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of universal basic income (UBI) initiatives might be organized. In an interview at the All-in podcast, Altman stated that he favored UBI initiatives given the magnitude...

Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface


Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...

Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations


Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct. The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews

Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC


Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...

Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says


Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...

Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin


Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin. The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews

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