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Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates


Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss...

Former ConsenSys Employees Sue CEO Joseph Lubin Over Alleged Equity Dilution


Former employees of ConsenSys have filed a lawsuit against the company's founder CEO, Joseph Lubin, alleging that he breached a "no-dilution promise" made in 2015. The lawsuit filed in New York Supreme Court on October 19, claims that Lubin diluted the equity shares of former staff, contrary...

Elon Musk, Mark Cuban Back Supreme Court Case Against SEC


Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have jointly filed an amicus brief backing the defendants in a Supreme Court case against the U.S. Securities and Exchange Commission (SEC). “It is important that the SEC not be permitted to pick and choose whether parties are granted...

Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023


Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...

BlackRock CEO Larry Fink: Bitcoin Rally Reflects Crypto's Growing Appeal


BlackRock CEO Larry Fink has attributed the recent rally in Bitcoin (BTC)'s price to the increasing interest and demand for cryptocurrencies.  Fink made these remarks in response to a false news report about the approval of a spot ETF, which temporarily triggered a surge in Bitcoin's value. While...

Amidst Controversy, Telegram Will Keep Hamas’ Channels Open


Pavel Durov, founder and CEO of Telegram, has explained that Hamas’ communication channel in the application will keep operating. Durov’s statements come after Telegram faced widespread backlash for allowing the Palestinian group to keep posting war-related content on its network. Durov...

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