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VanEck CEO Says “No Chance” on the Future of a Spot Bitcoin ETF in the US


A bitcoin-spot exchange traded fund may not be in the cards for investors any time soon, VanEck CEO Jan van Eck alluded to last week.  During the Bitcoin 2023 conference in Miami last week, Van Eck was asked what the likelihood of a spot bitcoin ETF in the US.  His response was “no chance.”...

GTA Publisher’s Boss Not Seeing Any ‘Pushback’ On $70 Games


During Take-Two Interactive’s recent earnings call with investors, CEO Strauss Zelnick was asked about other publishers selling AAA games at a discounted price shortly after launch. His company has been one of the many to start charging $70 for games, and at least according to him, he hasn’t seen...

Linus Is Stepping Down As CEO Of Linus Media Group


Canadian YouTuber Linus Sebastian, best known to most as the guy behind the insanely popular Linus Tech Tips channel, has announced that he’s stepping down as CEO of the companies he helped create and has been running for the past ten years.Read more

FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project


Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director of engineering, and Zixiao “Gary” Wang...

Ripple CEO Accuses US Regulator of ‘Hypocrisy’ on Twitter


Ripple CEO Brad Garlinghouse did not hold back on Twitter in criticizing the US Securities and Exchange Commission for its “hypocrisy” in public statements about the cryptocurrency industry. Garlinghouse tweeted a meme from The Office where a character looks befuddled in response, while adding...

SEC responds to Coinbase’s petition while its CEO visits the UAE


The US Securities and Exchange Commission (SEC) recently released a response to Coinbase’s petition. The Chair, Gary Gensler, stated that Coinbase possesses no right to mandamus. There is no regulation or statute that requires the SEC to release the guidelines within a specified timeline. Coinbase...

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