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JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End

15.7.2023
Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in U.S. history. Dimon asserted that “for the most part,”...

Pantera Founder Dan Morehead Predicts Upcoming Bull Market: ‘We Can Rally Now’

15.7.2023
Dan Morehead, founder and managing partner of Pantera Capital, a digital assets investment hedge fund, has predicted an upcoming bull market for cryptocurrency. In Pantera’s latest letter, Morehead states that blockchain-related assets have started to decouple from market indexes and that...

BlackRock CEO Larry Fink Highlights Rising Crypto Demand from Gold Investors

15.7.2023
BlackRock CEO Larry Fink has expressed optimism about the rising demand for cryptocurrencies among gold investors. In an interview with CNBC following the release of BlackRock's second-quarter earnings report, Fink stated that "more and more" gold investors have been inquiring about the role...

Bank of America Faces Scrutiny After Coinbase User Alleges the Bank Closed His Account Over Bitcoin Transactions

15.7.2023
Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem with Bank of America. Coinbase’s CEO Raises...

BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing

14.7.2023
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022

Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges

14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...

Crypto will transcend international currencies — BlackRock CEO

14.7.2023
Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios

Gaming CEO Shares Nightmare Scenario Of Using AI To Spy On Devs

14.7.2023
At least one video game company has considered using large-language model AI to spy on its developers. The CEO of TinyBuild, which publishes Hello Neighbor 2 and Tinykin, discussed it during a recent talk at this month’s Develop:Brighton conference, explaining how ChatGPT could be used to try...

BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors

14.7.2023
The CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years

Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto Exchange This Month, US SEC Acknowledges Bitwise's Spot BTC ETF Application

14.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto...

The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches

14.7.2023
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...

Binance CEO reflects as exchange turns 6 — ‘It was never all smooth sailing’

14.7.2023
Binance CEO Changpeng Zhao wrote that decentralized finance will continue to accelerate, and more people will interact with DeFi products

Former Celsius CEO Alex Mashinsky Pleads Not Guilty, Bail Set At $40 Million

14.7.2023
A U.S. District Judge has set the bail for the former CEO of Celsius Alex Mashinsky at $40 million. Mashinsky pleaded not guilty to the fraud charges that he artificially inflated the value of CEL token and misled the customers after he was arrested Thursday.... Read More: Former Celsius CEO Alex...

Sidechains Can Provide ‘Scalability and Flexibility Needed for Real-World Applications’ — Horizen Labs CEO

14.7.2023
All-in-one infrastructure solutions may be what is needed to drive the adoption of Web3, but such solutions might turn out to be complex and not as flexible, Rob Viglione, the co-founder and CEO at Horizen Labs, has argued. In addition, Viglione believes that such comprehensive infrastructure...

Crypto Bridging Protocol Multichain Ceases Operations After CEO, Sister Detained in China

14.7.2023
Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."

Circle CEO spells doom scenario for US dollar in warning to Congress

14.7.2023
Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar

SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices

13.7.2023
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe...