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Arthur Hayes Predicts Bitcoin Price to Rally Back to $70,000 – Here’s Why


Despite recent dips, Arthur Hayes, ex-BitMEX CEO, predicts a Bitcoin price rebound to $70,000 by August 2024. He believes the Federal Reserve's easing of quantitative tightening will inject liquidity into the market, boosting Bitcoin price gradually. Discover his analysis and the potential impact...

Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House


Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the Bahamas to settle criminal charges. The post Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House appeared first on Cryptonews

Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions


David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like...

Farm Folks CEO On Boob Physics: ‘We Don't Want To Attract Nasty People’


On April 29, an in-development farm sim from Cryptivo called Farm Folks shared a now-deleted post about breast jiggle physics on its official X/Twitter account that kickstarted a firestorm, emboldened gaming’s baddest actors, and wreaked havoc in the game’s official Discord. The team behind...

Bitcoin Miners Not Showing Capitulation Signs, Says CryptoQuant CEO


The CEO of CryptoQuant, Ki Young Ju, described the predicament that Bitcoin miners are in after the halving on April 30. The investigator claims that miners are currently faced with a decision: they may either accept the state of the market or hold out for a possible rise in the price...

CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend


More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao as a devoted father and friend, and a “geeky” tech nerd who shuns luxury...

Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’


According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by...

Io.net CEO Details Recent Sybil Attack and New Security Measures


Io.net CEO Ahmad Shadid provides a detailed postmortem of the recent Sybil attack and outlines the company's response to enhance network security, addressing vulnerabilities exposed by GPU spoofing. The post Io.net CEO Details Recent Sybil Attack and New Security Measures appeared first...

Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May


Tron CEO and founder Justin Sun said it is unlikely an Ethereum exchange trade fund (ETF) will be approved in May with the cryptocurrency in need for “long-term education with regulators.” The post Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May appeared first on Cryptonews

CryptoQuant CEO Supports Crypto Mixing, Says It’s Not A Crime


The CEO and founder of CryptoQuant, Ki Young Ju, stated on April 25 that he was in favour of crypto mixing and that the practices were not unlawful. His remark followed the founders of Samourai Wallet's arrest, which alarmed the cryptocurrency community with the U.S. government's harsh targeting...

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