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OpenAI CEO highlights South Korean chips sector for AI growth, willing to invest
10.6.2023
Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue
Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
9.6.2023
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf
SEC Pursues 'Alternative Means' to Serve Legal Documents to Binance CEO
9.6.2023
The U.S. Securities and Exchange Commission (SEC) is looking for other ways to serve legal papers to Binance and its CEO, Changgpeng Zhao (CZ), whose location is often hard to track down. ...
Read More: SEC Pursues 'Alternative Means' to Serve Legal Documents to Binance CEO
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
9.6.2023
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S
Binance CEO Condemns Leaked Chat Logs, Acknowledges Significant 'Damage'
9.6.2023
Binance CEO Changpeng Zhao has condemned the move by the US Securities and Exchange Commission to leak employee chat records.
In a letter to employees, CZ called the use of chat logs by the SEC "ridiculous," according to a translated copy of the memo shared by Odaily Planet Daily on Thursday....
Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’
9.6.2023
Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits...
Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
8.6.2023
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing
Amid Crypto Chaos, Soros Fund CEO Sees Opportunity for Traditional Finance
8.6.2023
Soros Fund Management CEO Dawn Fitzpatrick has expressed her continued faith in cryptocurrency, despite the recent setbacks.
During a recent Bloomberg investment summit, Fitzpatrick mentioned that although it is a testing time for the industry, it is a huge opportunity for established financial...
GameStop fires CEO Matt Furlong months after axing crypto push
8.6.2023
The executive, once instrumental to the company’s NFT efforts, was "terminated" amid lackluster Q1 earnings
Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says
8.6.2023
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited
Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations
8.6.2023
Coinbase CEO Brian Armstrong has responded to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against his cryptocurrency exchange. The securities regulator charged Coinbase with “operating its crypto asset trading platform as an unregistered national securities...
Republican crypto bill a ‘10x improvement’ on all others: Messari CEO
8.6.2023
Speaking in a Twitter Space hosted by Coinbase on June 7, Ryan Selkis praised the new crypto bill for providing new firms with a clear path to compliance
Former Binance.US CEO Brian Brooks Says CZ Was in Charge of the Exchange, Not Him
8.6.2023
Brian Brooks, the former CEO of Binance.US, revealed why he left his post at the exchange, in court documents released this week.
In an interview transcript from December 2021 with the US Securities and Exchange Commission, Brooks was asked about Binance CEO Changpeng Zhao’s role at the...
JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status
8.6.2023
JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said...
SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry
8.6.2023
The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...
Coinbase CEO Brian Armstrong Says He Was Met With an “Icy Reception” When Chatting With SEC’s Gensler
7.6.2023
Coinbase CEO Brian Armstrong said he was met with a “pretty icy reception” when chatting with Securities and Exchange Commission Gary Gensler about registering his exchange.
Armstrong said the exchange tried to get a meeting, and did meet virtually at some point.
“But unfortunately, it...
GameStock Fires CEO As Meme Stock Plummets
7.6.2023
GameStop has terminated CEO Matt Furlong and announced that meme stock investor and SuperStonk cult-hero, Ryan Cohen, will take over as Executive Chairman. The famous brick-and-mortar gaming retailer’s stock price proceeded to drop over 15 percent in after-hours trading. Read more
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
7.6.2023
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