New banks will compete for business from crypto companies following the demise of Silvergate and Signature bank, former FTX.US president Brett Harrison said. “Previously those banks couldn...
Tag: exec
Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec says
The ongoing crisis of banks in the United States has many positive implications for Bitcoin (BTC), according to an executive at the hardware wallet firm Trezor. On March 14, Bitcoin broke $26,000, a p...
Ethereum, Solana are pulling in more users than other blockchains: Exec
Placeholder VC’s Chris Burniske recently appeared on a podcast with Raoul Paul. The VC executive believes that everything in the crypto space will eventually be benchmarked to Ethereum. Chris Burniske...
Silicon Valley Bank exec was Lehman Brothers CFO prior to 2008 collapse
Silicon Valley Bank (SVB) executive, Jospeph Gentile, was a former executive of the Lehman Brothers’ Global Investment Bank prior to the bank’s public collapse in 2008. Prior to joining SV...
A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage
The world according to Coinbase frames cryptocurrency in an unsurprisingly optimistic light: It’s the “money of tomorrow,” a form of payment that is more efficient, transparent, and fair. The problem ...
Why this ‘extremely bullish’ exec believes crypto’s next bull cycle has started already
One River CEO Eric Peters believes the next crypto bull run will be very powerful and driven by institutional adoption Regulatory uncertainty stopping institutional entry, he added Eric Peters, CEO of...
Coinbase Exec Warns of SEC’s Potential Plan to End Staking
Brian Armstrong – the man in charge of Coinbase, arguably the biggest and most popular digital currency exchange in the United States – has warned that the Securities and Exchange Commission (SEC) is ...
Coinbase exec claims Layer-2 Network could include AML measures
Base’s upcoming launch is expected to come with AML features Base is an Ethereum layer-2 network that offers users a secure and convenient way to develop decentralised applications Brian Armstrong, CE...
Kraken Bank is ‘Very Much on Track,’ Assures Exec
Kraken has had a tough time with the United States regulatory agencies. Despite the difficult environment, the crypto exchange is planning to roll out its own bank. Marco Santori, Kraken’s chief legal...
Institutional investors are looking beyond BTC, ETH, says Coinbase exec
Institutional investors may be more open to crypto assets other than Bitcoin (BTC) and Ethereum (ETH), says David Duong, Head of Institutional Research, at Coinbase. According to Duong, nearly half of...
Visa Exec Faults Reuters Story, Says Company Remains Bullish on Crypto
Visa’s crypto head dismissed an earlier report from Reuters about the company halting crypto-related launches as inaccurate. Instead, he said Visa will continue to partner with more cryptocurrency fir...
Solana’s Chief Exec Unveils Plan to Improve Network Upgrades After 20-Hour Outage
Solana attracted severe backlash from the community after it went down for almost 20 hours following a network upgrade. The team behind the blockchain stated that the outage was fixed on the second at...
Former FTX exec Nishad Singh charged by the SEC for defrauding investors
A former director of engineering at FTX was “an active participant” in a plan to deceive FTX’s investors and went so far as to withdraw millions from FTX for his personal use, the Securities and Excha...
Europe’s Crypto Regulations Are Leaving US In The Dust, Ripple Exec Says
Join Our Telegram channel to stay up to date on breaking news coverage The world of crypto regulation is evolving as different regions are taking different approaches globally. Recently, Ripple CEO Br...
Ripple Vs SEC: Crypto Exec Sounds Alarm for Ripple: No Chance of Winning Against SEC
As Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) continues, Gene Hoffman, president of the Chia Network, has expressed his lack of confidence in the company’s ability to...
Former FTX Exec Nishad Singh Reportedly To Plead Guilty
Exchange News Singh used to be the head of engineering and was considered to be in SBF’s inner circle. SBF, on the other hand, is the only one of the defendants to enter a not-guilty plea. It has been...
YouTube appoints Web3-friendly exec as new CEO
Google-owned YouTube has appointed Web3-friendly exec Neal Mohan as its new CEO following the departure of Susan Wojcicki this week. Wojcicki stepped down from YouTube on Feb. 16 after nine years at t...
Former FTX exec will plead guilty to federal charges with a deal: Report
Nishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is working on a plea deal with prosecutors, Bloomberg reported on Feb. 17. The deal, which would see the 27-year...
Former FTX exec Nishad Singh plans to plead guilty to criminal charges: Bloomberg
Legal • February 17, 2023, 2:43PM EST A third former FTX executive is preparing to plead guilty to criminal charges, Bloomberg reported. Nishad Singh, the former director of engineering at FTX, ...
‘Landmark Transactions’ To Come After Credit Suisse Deal, Taurus Exec Says
Crypto infrastructure provider Taurus is gearing up to open offices in Paris and Dubai — and boost its engineering team via incoming capital from two prominent banks. The plans come after Credit...
Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs
South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of South Korean won in Terra (LUNA), now known as Terra Classi...
IRS Should Focus on Centralized Exchanges: Blockchain Exec
It’s been two years since most people have thought about what Kristin Smith says will be the “biggest regulatory item for the year.” The executive director of the Blockchain Association was referring ...
DeFi Could Face Challenges Due to SEC’s Crackdown on Crypto Staking: Lido DAO Exec
Jacob Blish, the head of business development at Lido DAO, the decentralized autonomous organization behind the largest liquid staking protocol, believes the recent SEC crackdown on crypto staking ser...
SEC crackdown could ‘benefit’ decentralized staking if it isn’t banned – Lido exec
Jacob Blish, head of business development at the decentralized autonomous organization (DAO) that runs Lido Finance, said the SEC’s enforcement actions are likely a “net benefit” for...
Institutions ‘Absolutely Interested’ in Digital Assets: BNY Mellon Exec
The head of the digital assets unit at BNY Mellon — the world’s largest custodian bank — has reaffirmed his bullishness on blockchain. Speaking at a recent fintech and regulation conference, BNY Mello...
Investors Are Interested in Crypto Despite Bear Market: BNY Mellon Exec
Michael Demissie, the head of digital assets at Wall Street powerhouse Bank of New York Mellon (BNY Mellon), has disclosed that investors are still very interested in the digital asset space amid the ...
US banking giant BNY Mellon exec says digital assets ‘here to stay’
Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon), is adamant that the cryptocurrency market crash in 2022 won’t waver institutional interest in digital assets. At ...
Kraken exec says it aims to ‘build trust’ one hour before SEC probe leak
The Securities and Exchange Commission (SEC) is almost done investigating major crypto exchange Kraken for potential unregistered securities sales, a person familiar with the matter told Bloomberg. A ...
Full audit of Binance’s reserves ‘some way off’ – exec
Binance Asia-Pacific head Leon Foong said a comprehensive audit of the exchange’s reserve is not possible in the near term, given the crypto learning curve for big accounting firms, Bloomberg N...