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Bitcoin and Life Insurance: CEO Zac Townsend’s Unique Perspective


Life Insurance. Source: Adobe / zimmytws Bitcoin (BTC) is the perfect financial asset to form the foundation of a life insurance product, according to Meanwhile CEO Zac Townsend. In a recent interview with Axios, the executive explained how and why his life insurance company uses BTC as its sole...

SEC Chair Indicates FTX Revival, FTT Rallies


U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally.  Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange...

NFT Giant Opensea Retrenches an Unknown Number of Employees


Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...

Gary Gensler: Crypto Frauds Extend Beyond a Single Case


Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

Robinhood to Launch Crypto Trading Services in EU in the “Coming Weeks”


Source: AdobeStock / Rafael Henrique Robinhood has revealed plans to introduce cryptocurrency trading services in the European Union (EU) in the near future. Vlad Tenev, CEO and co-founder of the popular brokerage firm, made the announcement during the company’s third-quarter earnings report....

Hong Kong Considers Allowing Trading of Spot Crypto ETFs


Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s...

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