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Citibank Executive Says Bitcoin Could Pass $300K by December 2021
16.11.2020
A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin
Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
11.11.2020
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...
Huobi Denies Rumors That Senior Executive Was Arrested
2.11.2020
Huobi said Monday that rumors alleging one of its senior executives had been arrested were false
Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
29.10.2020
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said...
ECB Executive Board Member on European Payments in the Digital Age
24.10.2020
Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the ECB Conference "A new horizon for pan-European payments and digital euro." Frankfurt am Main, 22 October 2020.
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Key points:
An uncontrolled change in the payments landscape...
Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
23.10.2020
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. ■ The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s...
Ripple CEO Threatens to Relocate Company Overseas Due to Unfavorable US Regulation
13.10.2020
Ripple chief executive officer Brad Garlinghouse has threatened to move the company’s headquarters overseas should the U.S. fail to level the playing field with an unambiguous regulatory framework. In a series of tweets on Oct.12, Garlinghouse said: “The lack of a single national...
Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges
8.10.2020
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday...
Ripple Could Leave US If Regulatory Environment Doesn’t Change, Chairman Tells Fortune
6.10.2020
Larsen told Fortune that nearly every country in the world has more favorable crypto regulation than the US
Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered
4.10.2020
According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action....
IBM executive says blockchain becoming a useful ‘real business tool’
1.10.2020
IBM Blockchain’s general manager explains the changing role of blockchain and how it will be applied to IBM’s hybrid cloud solution
Digital Chamber Adds Mulvaney to Board of Advisors; Visa, Goldman Join Executive Committee
23.9.2020
The Chamber of Digital Commerce announced Wednesday that former acting White House chief of staff Mick Mulvaney has joined the group’s board of advisors
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash
7.9.2020
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies....
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
Libra Taps Ex-Homeland Security General Counsel as New Legal Chief
27.8.2020
The new general counsel is Libra's second in just three months
Former Sega & Atari Executive Joins the NFT Gaming Boom
22.8.2020
The traditional gaming industry dips its toes into blockchain
Former Prudential Securities Chief Executive Ball Bats for Bitcoin
15.8.2020
Bitcoin is both a long-term safe haven and short-term speculative asset, Ball said
IBM Executive Reveals Plans to Help Banks Capitalize on DeFi
12.8.2020
IBM could teach banks a thing or two about DeFi
Defcon Speaker Discusses Liberating $300K Worth of Bitcoin From an Encrypted File
12.8.2020
This year due to the coronavirus outbreak the world-famous hackers’ convention Defcon held it’s 28th annual event with virtual presentations in “safe mode.” One of the presentations was from an executive from Pyrofex, Michael Stay, who discussed how he broke into...