Coinbase CEO Brian Armstrong is giving his predictions for the state of crypto in 2030, forecasting “substantial progress” in a number of areas. In a new interview with Bankless, the head of the top U...
Tag: CEO
Financial Sector is Open to Slow-Rolling Crisis, Says BlackRock CEO
Larry Fink commented that the financial sector is open to a slow-rolling crisis. Fink added that more shutdowns would follow the fall of SVB. The BlackRock CEO stated that the current turmoil is the p...
How CAMP CEO Ben Kaufman Turned SVB’s Collapse Into A Brand-Building Experience
Ben Kaufman doesn’t want you to forget the fear that he felt on March 10, 2023. That’s when the founder and CEO of CAMP, a national retail chain of “family experience” stores, was shocked to learn tha...
Circle CEO: $3.3 Billion stuck at SVB may be recoverable
Circle CEO Jeremy Allaire confirmed that the firm has accessed the funds stuck at Silicon Valley Bank Allaire believes the $3.3 billion stuck in SVB will be fully recovered Jeremy Allaire, the co-foun...
Schwab Rallies as CEO Bettinger Says He Bought 50,000 Shares
(Bloomberg) — Charles Schwab Corp. climbed Tuesday, paring the prior day’s decline, after Chief Executive Officer Walt Bettinger told CNBC that he bought 50,000 shares for his own account. Most ...
Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank
Circle CEO and co-founder, Jeremy Allaire, confirmed that, as of March 13, the stablecoin issuer has been “able to access” its $3.3 billion of funds held with the collapsed bank, Silicon Valley Bank (...
Stop Calling Them NFTs: Web3 Gaming CEO Speaks Out Amid Gamer Backlash
Web3 gaming is on the rise, but it has yet to find a wider audience beyond crypto. Developers attempting to introduce digital assets (like NFTs) have meanwhile faced fierce backlash from gamers who se...
SVB Collapse Meant Protecting ‘a Digital Dollar From the Banking System’: Circle CEO
In a recent interview, Circle’s CEO pointed out the irony of a traditional bank disrupting the wider crypto industry. “We are really trying to make sure that we’ve got the most solid infrastruct...
Charles Schwab CEO Bought $3 Million In Company’s Stock Amid Rout
Topline Charles Schwab’s CEO Walter Bettinger bought 50,000 shares of his financial services firm’s stock at Tuesday’s market open, Bettinger told CNBC, the latest high-profile stock purchase among fi...
Why Did USDC Depeg? Circle CEO Gives the Inside Story
Circle CEO Jeremy Allaire spoke on Tuesday recapping the Silicon Valley Bank (SVB) and USDC drama from his company’s perspective. According to Allaire, all of the company’s cash reserves are now stor...
Ripple CEO Brad Garlinghouse Says Company Remains in Strong Position Despite Exposure to Collapsed Bank
Ripple chief executive Brad Garlinghouse says his company remains financially robust despite its exposure to the now-collapsed Silicon Valley Bank (SVB). Garlinghouse says that SVB was a banking partn...
SVB’s new CEO urges clients to ‘help us rebuild our deposit base’
A view of Silicon Valley Bank headquarters in Santa Clara, CA, after the federal government intervened upon the bankâs collapse, on March 13, 2023. Nikolas Liepins | Anadolu Agency | Getty Images SVB...
Base not a ‘monetization scheme,’ claims Coinbase CEO Armstrong
Coinbase CEO Brian Armstrong addressed Base in a recent podcast Armstrong confirmed that the layer 2 blockchain has no plans to issue a token Coinbase CEO Brian Armstrong recently appeared in a podcas...
Honeywell appoints COO Vimal Kapur to succeed Darius Adamczyk as CEO
Honeywell International Inc. HON has appointed 34-year company veteran Vimal Kapur to succeed Darius Adamczyk as CEO. Kapur will assume the company’s reins on June 1 and was appointed to the company’s...
Binance is not purchasing CoinDesk, CEO says
Binance’s CEO Changpeng Zhao claims the company will not buy crypto media CoinDesk through CoinMarketCap. He said the purchase would not go forward due to various factors, regardless of a $75 million ...
Binance CEO denies interest in CoinDesk
Ad Binance CEO Changpeng ‘CZ’ Zhao has denied interest in purchasing the crypto media outlet, CoinDesk. In a March 14 tweet, Zhao denied Blockwork’s report that his exchange was trying to acquire the ...
Coinbase CEO discusses new staking service and reactions to regulatory hurdles
Ad Brian Armstrong, the CEO of Coinbase, told a recent episode of the Bankless podcast that cryptocurrency is the key to updating the current financial system. Armstrong said in the podcast that tradi...
Ripple in ‘Strong Financial Position’ despite SVB Exposure, CEO Says
Garlinghouse noted that financial systems are broken given their high susceptibility to rumors as evidenced by the current banking crisis. In a March 12 Twitter thread to his 700,000 followers, Rippl...
Ripple CEO admits company held ‘some’ cash in Silicon Vally Bank
Ripple’s Brad Garlinghouse has revealed that the project had some exposure to the embattled Silicon Valley Bank (SVB), but the company expects no disruption to its daily operations. Ripple, the issuer...
Ripple CEO Hints US Banking System Desperate for Disruptive Crypto Tech: CryptoLaw Founder
Yuri Molchan Pro-Ripple lawyer commented on recent Twitter thread by Brad Garlinghouse Contents U.S. financial systems are in crisis, Garlinghouse says Elon Musk posts meme about banks and crypto Foun...
Algorand Foundation CEO Explains Blockchains Role In Finance
Algorand Foundation CEO Staci Warden talked about blockchain in an interview with Yahoo Finance Live. Warden spoke about the potential of blockchain technology’s role in financial transactions. Algora...
Ripple’s CEO assures stable financial state despite the collapse of Silicon Valley Bank
Brad Garlinghouse, CEO of Ripple Labs, reveals that the company has a part of funds in Silicon Valley Bank. This announcement was made through his Tweet on Sunday. The bank’s closure on Friday has led...
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
The wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for neobank services for the industry on the cards. Silicon V...
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC) to fall to as low as $0.87 from its $1 benchmark. Amid the ...
Ripple CEO Assures Investors: We’re Financially Strong Despite SVB Exposure
Ripple CEO Brad Garlinghouse took to Twitter to address concerns about the company’s exposure to Silicon Valley Bank (SVB), which was recently shut down by regulators. Garlinghouse reassured investors...
Circle Business Operations to Resume Monday Morning: CEO
Godfrey Benjamin Jeremy Allaire assured investors of safety of their funds amid SVB chaos After almost a week of turmoil, Jeremy Allaire, the chief executive officer (CEO) of USDC stablecoin issuer Ci...
Circle CEO Assures 100% Safety of USDC Reserves, Transfer Resumes
Jeremy Allaire tweeted that the company’s 100% USDC reserves are safe, in reference to the SVB collapse. Circle’s CEO assured that the company would transfer the remaining SVB cash to BNY Mellon. He a...
Ripple Has Exposure to SVB: CEO
Alex Dovbnya Ripple CEO Brad Garlinghouse clarified the company’s position on its exposure to Silicon Valley Bank (SVB), confirming that his company had some exposure to SVB as a banking partner...
The Block: Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire
Circle USDC reserves are “safe and secure” and liquidity operations will resume when U.S. banks open Monday, CEO Jeremy Allaire said on Twitter. “We were heartened to see the U...
Ripple CEO assures ‘strong financial position’ despite SVB collapse
Ripple CEO Brad Garlinghouse took to Twitter on Mar. 12 to discuss the company’s exposure to Silicon Valley Bank (SVB) and reassure his followers of Ripple’s stability. Ripple had exposure to S...
Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging
Meanwhile, Binance is not alone in considering a move into traditional finance; Kraken has also stated its intention to open a bank. Read more: Kraken eyes own bank amid regulatory scrutiny The collap...