On Monday, in a court filing crypto lending firm Voyager Digital has revealed its plan to settle with its two executives appointed to settle the issue of handing of loans to Three Arrows Capital. Wort...
Tag: Executives
Crypto Lender Voyager Settles With Executives Who Approved $935,000,000 Loan to Three Arrows Capital: Report
Voyager Digital is deciding not to pursue legal action against company executives who green-lighted the sizable loan contributing to the demise of the crypto lending platform. The troubled firm filed ...
US SEC Executives Stands Divided Over NFT Regulations
The U.S. Securities and Exchange Commission (SEC) has been actively probing major Digital assets exchanges and services providers in order to send a message to the market. However, several reports hav...
Weeks Before Replacing its Top Executives, NYDIG Dismissed 30% of its Workforce (Report)
New York Digital Investment Group (NYDIG) – an investment management firm that offers a wide variety of bitcoin services – reportedly laid off around one-third of its staff in September. Not long ago,...
Sports And Entertainment Executives Launch Entity To Invest Up To $50 Million In Early-Stage Companies
TORONTO, ON – APRIL 20: James Harden #1 of the Philadelphia 76ers reacts in the first half of Game … [+] Three of the Eastern Conference First Round against the Toronto Raptors at Scotiaba...
Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes
Saudi Arabia’s megadevelopment Neom is paying senior executives roughly $1.1 million each annually, according to an internal Neom document, showing how the kingdom is using large pay packages to lure ...
Crypto Giant Coinbase Executives Raise $5M In Investment To Launch A Web3 Platform
The former executives of Coinbase, Karthik Kalyanaraman, and Ola Muse, exited from the crypto exchange in August. Within two months of their exit, they’ve developed an infrastructural startup called S...
Moody’s executives say new EU MiCA regulations could unleash stablecoin innovation
Restrictions in new EU regulations could potentially serve as a booster to stablecoin innovations in Europe, Moody’s Global Head of DeFi and Digital Assets Fabian Astic told The Block in an exclusive ...
These Crypto Executives Left Their Firms due to ‘Crypto Downtown’
Due to ‘Crypto Winter’ major crypto executives left their organization. In the previous month, many big names from the leading crypto firms including Celsius Network, Voyager Digital, Kraken, Galaxy D...
Celsius Executives Withdrew Tens of Millions of Dollars Ahead of Bankruptcy
Alex Dovbnya Celsius bosses withdrew $30 million worth of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies before the company imploded Celsius bosses withdrew a total of $30 million of crypto...
Top Celsius executives withdrew millions before pausing withdrawals
The latest court filings in the Celsius bankruptcy case have uncovered some controversial transactions made by the defunct crypto lender’s top brass. Barely days after news of former CEO Alex Mashinsk...
Ex Coinbase Executives Raise $5.3 Million to Launch Scale3 Labs, an Open DevOps & Telemetry Platform for Web3 Infrastructure
Scale3 Labs raises seed round led by Redpoint Ventures PALO ALTO, Calif.–(BUSINESS WIRE)–Scale3 Labs, a web3 infrastructure company, today announced a $5.3M seed round led by Redpoint Ventures, with p...
Former Apple Car Executive’s Battery Startup Plans $1.6 Billion Factory in Michigan
Our Next Energy Inc., an electric-car battery startup involving several former leaders of Apple secretive car project, is planning to invest $1.6 billion into a factory in Michigan to make enough batt...
Three Celsius executives withdrew over $50 million in crypto just before bankruptcy
According to recently published court documents, Celsius’s top three executives of the crypto lending business withdrew a total of $56.12 million worth of cryptocurrency between May and June 2022, jus...
This is what Nexo executives said about solvency concerns
After days of speculation over Nexo’s financial health and solvency, the crypto lender’s executives took to YouTube to answer questions from the community during an Ask Me Anything (AMA) session. The ...
These Crypto Executives Have Stepped Down Since the Market Crash in May
Change is in the air as the crypto space continues to see top executives step down from their roles amid the market crisis that stemmed from the Terra Luna fiasco and the Federal Reserve’s continuous ...
Why Are So Many Top Crypto Executives Resigning?
Key Takeaways FTX.US President Brett Harrison and Celsius CEO Alex Mashinsky both resigned today. Harrison claimed he was stepping down to prepare for incoming “larger market participants,” while Mash...
FTX President Joins Executives Stepping Down From Positions
Crypto exchange FTX President for its U.S. subsidiary Brett Harrison announced his resignation from his position. Via his official Twitter account, Harrison confirmed that he will be “transferring” hi...
DOJ is changing the way it prosecutes companies, and it could put more executives in jail
The crest of the United States Department of Justice (DOJ) is seen at their headquarters in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Significant changes are coming to the ways fede...
Tech executives keep trying to tell us the party is over: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, September 9, 2022 Today’s newsletter...
Thai Regulator Files Charges Against Zipmex Executives
The Thailand offshoot of the beleaguered digital assets platform, Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC). As announ...
IMF Executives Call for Global Crypto Regulatory Regime To Keep Consumers Safe
Two senior International Monetary Fund (IMF) executives are advocating for a global cryptocurrency regulatory framework. IMF Monetary and Capital Markets Department’s deputy director, Aditya Narain, a...
BIS executives say digital technologies are key to rich monetary systems
Join Our Telegram channel to stay up to date on breaking news coverage Central bank digital currencies (CBDCs) have been at the heart of discussions in many central banks worldwide. According to centr...
Sam Bankman-Fried and FTX Executives Visit White House As Regulatory Battle Continues
FTX CEO Sam Bankman-Fried and executives of the crypto exchange visited the White House earlier this year amid an ongoing debate on which US regulator should take charge of the digital assets industry...
97% of US Executives Surveyed Are Bracing for Recession – Economics Bitcoin News
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two qu...
Former JP Morgan executives convicted of fraud
Gregg Smith and his colleague Michael Nowak, both former JP Morgan executives at the time of the events, were convicted of fraud for manipulating prices in the precious metals market and spoofing in a...
Ripple Executives Explain Situation Around XRP Blocked in Ripple Escrow Account
Gamza Khanzadaev Ripple and XRP key people dispute nature of XRP blocked in Ripple escrow account A discussion was raised this morning by an XRP enthusiast about whether the XRP locked up in Ripple...