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Take-Two CEO Acknowledges Frustrated Red Dead Online Players, But Offers Nothing Else
16.5.2022
It’s been nearly a year since Red Dead Online’s last major update. The long wait for new content has led to a growing movement among some players to #SaveRedDeadOnline, putting pressure on developer Rockstar using social media and emails. Today, Strauss Zelnick, CEO of Rockstar’s parent company...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
16.5.2022
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to...
David Marcus Launches Bitcoin Payments Startup Lightspark
16.5.2022
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities...
FTX CEO sees no future in Bitcoin payments, community fires back
16.5.2022
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times
Vitalik Buterin & Binance CEO Chime In as Do Kwon Proposes Another Terra 'Revival' Plan
16.5.2022
Big players in the crypto industry do not seem supportive of the latest Do Kwon's proposal of how to help the collapsed Terra (LUNA) ecosystem.
Last Friday, Terraform Labs co-founder Do Kwon put forward a 'revival plan' suggesting that the network hard fork and reset ownership to 1 billion...
Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’
16.5.2022
Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman...
Binance CEO CZ to support Terra community but expects more transparency
15.5.2022
Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Tesla CEO Elon Musk Reaffirms Dogecoin ‘Has Potential as a Currency’ as Twitter Deal Is Put on Hold
14.5.2022
Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Elon Musk Says Dogecoin Has Potential as...
Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears
13.5.2022
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy...
Unlocking Decentralized Trading for the Masses with Peter Kris, CEO of Mangata Finance
13.5.2022
Today, CryptoNewsZ is in conversation with Peter Kris, the visionary behind Mangata Finance, a project that employs novel concepts to protect traders in the Web3 space and paves the way for mass adoption. Hi Kris, it’s a pleasure to have you with us today. We are keen to know about you and your...
PlayStation Boss Asks Staff To Respect All Abortion Opinions In Email About Cats
13.5.2022
An internal email from PlayStation president Jim Ryan contains several paragraphs about cats, but doesn’t contain a hard stance in support of his staff’s reproductive rights, and even asks employees to “respect” anti-abortion views and opinions, leaving many PlayStation staff angry and upset.Read...
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
12.5.2022
The buy represents a 7.6% stake in the popular trading app
Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
12.5.2022
Total assets invested in crypto ETFs and ETPs hit $16.3 billion by the end of the first quarter, but the community is still waiting for a spot Bitcoin ETF in the U.S
Coinbase CEO says funds are safe amid bankruptcy protection fears
12.5.2022
Brian Armstrong, co-founder and CEO of Coinbase, responded to fears surrounding a disclosure that the company made in its recent report
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI
12.5.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India...
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
11.5.2022
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower...
Indian central bank’s 'informal pressure' disrupted payments: Coinbase CEO
11.5.2022
"I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong
Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Langauge Is SEC Requirement, CEO Armstrong Says
11.5.2022
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings
Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss
11.5.2022
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call
Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity
10.5.2022
Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development space, this development is real...