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FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
23.3.2024
John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring Officer and CEO Debunks Bankman-Fried’s FTX Solvency...
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
23.3.2024
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts”...
LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse
22.3.2024
On March 21, LayerZero’s co-founder and CEO, Bryan Pellegrino, accused Kyle Davies, the co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC. Pellegrino made the allegation on his X post as...
FTX CEO Slams Attempt to Reduce SBF’s Sentence, Highlights Ongoing Suffering of Victims
21.3.2024
John Ray III, the CEO and restructuring officer of FTX, has criticized an attempt made by Sam Bankman-Fried's lawyers to reduce his sentence, emphasizing that the victims of the fraud "have suffered and continue to suffer."
The post FTX CEO Slams Attempt to Reduce SBF’s Sentence, Highlights...
Grayscale CEO confirms to bring down fees for Bitcoin ETF
20.3.2024
Grayscale currently has a management fee of 1.5%. That is higher than what its competitors are charging. BlackRock and Fidelity charge a lower fee and intend to capture most of the market share. However, there could be a change in the tide, for the Chief Executive Officer of Grayscale has confirmed...
SBF’s Legal Team Responds to Proposed 50-Year Sentence, Says It “Is Not Justice”
20.3.2024
Lawyers representing former FTX CEO Sam Bankman-Fried have criticized the government's proposal for a maximum sentence of 50 years in prison, saying it is "not justice."
The post SBF’s Legal Team Responds to Proposed 50-Year Sentence, Says It “Is Not Justice” appeared first...
Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC
19.3.2024
GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors
Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
19.3.2024
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’
The post Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’ appeared first on Cryptonews
Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles
19.3.2024
Crypto trading platform Bakkt announced Monday that Andy Main will take over as President and CEO. He will replace Gavin Michael, who is leaving for new opportunities.
The post Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles appeared first on Cryptonews
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
19.3.2024
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment...
Worldcoin Maintains Legal Operations Worldwide, Despite Spain Ban
19.3.2024
Worldcoin, founded by OpenAI CEO Sam Altman, said it is “lawfully in all of the locations in which it is available” and designed to fully comply with related laws.
The post Worldcoin Maintains Legal Operations Worldwide, Despite Spain Ban appeared first on Cryptonews
Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO
18.3.2024
The current CEO Michael will step down “to pursue other opportunities.”
Cardano’s Charles Hoskinson Dispels Rumors of Abandoning Hydra Scaling Project
18.3.2024
Charles Hoskinson, CEO of Cardano, took to X to address rumors of Hydra's abandonment as "just pure FUD" (fear, uncertainty, and doubt) surrounding Cardano's latest project.
The post Cardano’s Charles Hoskinson Dispels Rumors of Abandoning Hydra Scaling Project appeared first on Cryptonews
Bitcoin market price correction is healthy, says Crypto.com CEO
18.3.2024
Bitcoin has gained over 150% in value in the past year, thanks to the SEC approving new ETFs in the US. The biggest crypto in the world recently went on a bullish run, even hitting its all-time high of 73,750 dollars. However, the crypto dropped shrewdly in the next few days, trading at 68,280...
Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000 Fueled by ETF Inflows
18.3.2024
Binance CEO Richard Teng forecasts that Bitcoin will surpass $80,000 before the year ends. He attributed this likely increase to the growing interest from institutional investors in crypto-backed exchange-traded funds (ETFs).
The post Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000...
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
18.3.2024
Binance's fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg
Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign
18.3.2024
Amid Bitcoin fluctuations, Crypto.com CEO Kris Marzsalek views the downturn as a beneficial and “healthy” adjustment, setting the stage for sustainable growth in the cryptoc market.
The post Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign appeared first on Cryptonews
‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
16.3.2024
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
Paul Frambot, CEO of Morpho Labs, on DeFi 2.0, Modular Layered Protocols, and The Next Evolution of DeFi | Ep. 318
15.3.2024
Morpho Labs CEO Paul Frambot discusses how the four co-founders raised millions for Morpho, what changes to DeFi the protocol aims to bring, how he envisages the next phase of DeFi, why the Morpho team opted for a minimalist approach, contrary to the current DeFi trend, and why DAOs are not suited...