According to a company representative, Genesis Global Trading laid-off employees on Thursday. Derar Islim, the interim CEO, stated publicly prior to the announcement that the company needs more time to find an appropriate solution to its current problems. 30% of…
Genesis Forced to Cut Workforce as Market Struggles
According to a company representative, Genesis Global Trading laid off employees on Thursday. Derar Islim, the interim CEO, stated publicly prior to the announcement that the company needs more time to find an appropriate solution to its current problems. 30%…
Coinbase CEO Wants the Crypto Industry Regulated to Protect Investors
On December 20, Brian Armstrong, the CEO of Coinbase, outlined a plan for regulating centralized entities in the cryptocurrency industry while safeguarding decentralized ideas. Centralized Exchanges Prone to Harm According to Armstrong, the best thing for the sector would be…
Binance CEO: Only 1% of People Can Manage Cryptocurrency Self-custody
Changpeng “CZ” Zhao, CEO of Binance, has issued a warning to the cryptocurrency community on self-custody, claiming that 99% of those who choose to do so will probably lose their cryptocurrency somehow. Self-custody Risk For years, CZ has advocated for…
BlackRock CEO Says the Next Trend For Markets Will Be Tokenization
BlackRock has joined a growing list of companies that support the tokenization of securities, despite the CEO’s general skepticism regarding the industry. The next generation of markets and securities, according to BlackRock CEO Larry Fink, “will be tokenization of securities.”…
Coinbase CEO to Sell Part of His Stake to Fund Science Research
Brian Armstrong, the CEO of Coinbase, has stated that he intends to sell 2% of his holdings in the cryptocurrency exchange over the course of the upcoming year in order to fund scientific research. Armstrong announced late Friday on Twitter…
Novogratz: Institutional Investors have Pushed BTC North of 30K
Galaxy digital founder and CEO Mike Novogratz believes institutional investors are behind Bitcoin’s recent rise. In an interview with BBC World News Today, Novogratz said governments around the world were painting money in large amounts and “debasing fiat money.” He…
Facebook Seeks to Make Renewed Crypto Push in 2021
Facebook’s Mark Zuckerberg is not throwing in the towel despite the difficulties he has faced over the last few months. Last year’s backlash to the Libra project which he was strongly associated with would be enough to stop most CEO’s…
PayPal CEO urges Crypto Players to Work Closely with Regulators
According to PayPal CEO Dan Schulman, the crypto industry will only work and thrive with regulators onboard. Ushering in the Cashless Era In a DEC 2 Web Summit online conference, to discuss the cashless era of the global financial industry…
Vitalik Buterin and Binance’s CZ agree that a Blockchain-based Voting System is Needed
A new Blockchain voting system is desperately needed according Binance CEO CZ and Ethereum CEO Vitalik Buterin. According to these two crypto bigwigs the democratic electoral process in the US needs a Blockchain solution. The need to cut final tally…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
