As Trump Talks Trillions, Binance CEO Predicts $2T Bitcoin Market Cap

After United States President Donald Trump first mooted a $1 trillion stimulus package for the U.S. economy in the wake of the coronavirus outbreak, people were shocked at what seemed like a gargantuan amount. As Cointelegraph reported a few days later on March 25, a bipartisan deal has been agreed for twice that figure and it suddenly seems far more tangible. Binance CEO Changpeng Zhao even tweeted that the new financial dialogue meant a $2 trillion market cap for Bitcoin could be considered “modest”. Will a devaluing U.S. Dollar push…

YouTube Scam Impersonates Ripple CEO Garlinghouse for Fake XRP Airdrop

Despite YouTube’s many aggressive actions against cryptocurrency-related content, the world’s most popular video-hosting website is apparently having trouble discovering a major scam account involving crypto. On March 23, the crypto community spotted a bogus YouTube account impersonating Brad Garlinghouse, CEO of major blockchain company Ripple, in order to promote a fake airdrop scam.  Video containing fake XRP airdrop description was uploaded on YouTube on March 19 The apparent scam account has around 277,000 subscribers and contains only one video, which promotes a fake giveaway in the third-biggest cryptocurrency, XRP. Uploaded…

Attestiv CEO on Using DLT to Fight Fake News, Insurance Fraud, and Deep-Fakes

On March 18, Attestiv, a firm combating digital fraud and deep-fakes using blockchain technology, announced that it had secured funds exceeding $2 million in a seed offering. Cointelegraph recently spoke to Attestiv’s CEO, Nico Vekiarides, to analyze his thoughts on blockchain’s role in combating fake news and digital fraud in the insurance industry. Cointelegraph: Can we get an overview of how the Attestiv platform works? Nicos Vekiarides: Attestiv provides authenticity for digital photos, videos, and documents by registering a fingerprint to a blockchain when a digital asset is captured. While…

Mt. Gox CEO Slams Plaintiff for Adjusting Fraud Allegations Mid-Case

Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox, accuses plaintiff Gregory Greene of altering the factual basis of his claims against Karplese mid-case, according to his March 16 response to Greene’s justification for continuing the case. Gregory Greene, the last remaining plaintiff in what was previously a class action against the Mt. Gox ex-executive, voluntarily dismissed two other claims against Karpeles recently — leaving Greene’s allegations of common law fraud as the sole claim against Karpeles in the case. Former Mt. Gox CEO attacks Greene for changing…

KuCoin Names Co-Founder Johnny Lyu As KuCoin Global CEO

The Seychelles-based crypto exchange KuCoin today announced the establishment of KuGroup, appointing CEO Michael Gan as Chairman of KuGroup and co-founder Johnny Lyu as CEO of KuCoin Global. According to an announcement from KuCoin, the newly established KuGroup consists of three business groups: KuCoin Global, KuCloud, and KuChain & KCS Ecosystem. With their new roles, Michael Gan will oversee the global strategy of KuCoin Global and put more efforts on exploring the boundaries of blockchain technology with KuChain, a public blockchain powered by KuCoin, and how to integrate the group’s…

Inside BeQuant: 3 Days With a Crypto Exchange CEO

Have you ever wondered what it’s like to run a cryptocurrency exchange? Now’s your chance to find out! Take an inside look at the life of BeQuant CEO George Zarya in Cointelegraph’s latest documentary: 3 Days With a Crypto CEO. From pub beers in London to impromptu flights to Malta, from office puppies to World War II cryptography machines, the life of a crypto CEO is never dull. George Zarya is the CEO of cryptocurrency exchange BeQuant. Founded in May 2018, BeQuant Exchange averages over a billion dollars in monthly…

Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation

The U.S. Federal Reserve injected $168 billion into finance several days ago, which correlates to Bitcoin’s current falling price. “So long as the broader markets keep falling – expect the same out of Bitcoin,” Bill Herrmann, CEO of alternative investment firm Wilshire Phoenix told Cointelegraph as part of an explanation of the Fed’s recent actions. What’s going on in the market? Traditional markets have plummeted recently surrounding coronavirus fears and oil trade wars. After several previous red days, the Dow Industrial Average (DJI) fell 10% on March 12, concluding the…

$2B Deal Will Keep Crypto Bull Jack Dorsey as CEO of Twitter

Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey’s role as CEO of the social media network. Following the deal closure —  which considers a $2 billion share buyback — Elliott will gain a seat on Twitter’s board of directors, NBC reported on March 9. As part of the agreement, private equity firm Silver Lake will invest $1 billion in Twitter and also get a seat on the board. Twitter’s board of directors will continue to look for a third board member. Commenting…

Bitmain Co-Founder Launches Another Lawsuit to Regain CEO Role

Micree Ketuan Zhan, the co-founder of leading mining hardware producer Bitmain launched another lawsuit in an attempt to regain his position as the CEO of the firm. According to a court filing in Fujan province, Zhan initiated a lawsuit against Bitmain’s subsidiary Fujian Zhanhua Intelligence Technologies and Beijing Bitmain Technologies. A hearing on the case was initially scheduled for Feb. 11. Fujian Zhanhua Intelligence Technologies still list Zhan as its legal representative and is one of the four principal subordinate entities that made a material contribution to Bitmain’s financial results…

BitPanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials

The crypto ecosystem tends to see regulations as “the big bad wolf.” In this narrative, government and regulators set rules that slow down innovation and damage growth for the crypto industry. That might have been the case a few years ago, but not anymore, according to BitPanda CEO Eric Demuth: “Depending on the regulation, it can be quite a good thing now that the industry and many companies have reached a size that matters.” Demuth was a keynote speaker during the Blockchain Economy 2020 conference in Istanbul, Turkey. He made…