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JPMorgan CEO Jamie Dimon Warns Against U.S. Inflation, Praises AI


JPMorgan CEO Jamie Dimon is warning fellow shareholders about increased U.S. inflation while praising the development of AI, his 2023 annual letter to shareholders reveals.  His comments come amidst greater conversations regarding the impact of current inflation rates as well as consequences of...

Ripple’s CEO foresees crypto boom to $5T by 2024’s end


Brad Garlinghouse, CEO of Ripple, a cryptocurrency startup company, has projected a $5 trillion market capitalization for cryptocurrencies, which might happen this year. The positive projection is supported by a number of significant events in the crypto industry, including macroeconomic reasons...

Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC


According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...

Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury


On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks....

Ex-Terraform Labs CEO Do Kwon’s Extradition Case Reset


In the latest Montenegro Supreme State Prosecutor’s Office’s announcement, the legal proceedings concerning the extradition of Terraform Labs’ former CEO, Do Kwon, will revert to the first trial court. On April 3, 2024, a confidential meeting and vote resulted in the annulment...

Star Wars: KOTOR Remake Is Coming Along Just Fine, Says Saber CEO


A lot can happen to games that get stuck in development limbo. They can get passed around like a hot potato, stopped and restarted several times, and even canceled. Saber Interactive’s Knights of the Old Republic remake has experienced many of these trials and tribulations, but has eluded the worst...

Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time


Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...

Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security


Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...

Delay predicted by Ark Invest CEO for ETF consent


As per her prediction shared with the media by the CEO of Ark Invest, Cathie Wood, regarding the consent for spot Ether exchange-traded funds (ETFs), it will be going beyond the deadline of May. The matter has been pending for a while now. She emphasized that the Securities and Exchange Commission...

Polygon Labs CEO condemns Ethereum L3 as Degen mints millionaires


With the Degen Chain Network launch, a few high-rollers have been attracted to it, along with a range of criticisms due to its overgrowing success. Degen chain used Arbitrum Orbit to develop infrastructure provider Syndicate on March 28. It is a specialized ultra low cost network using Degen Token...

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