Liquid CEO Explains the Gram Token Sale Is ‘Natural,’ Disputes Conspiratory Theories

It was a “natural” development. That is how Mike Kayamori, the CEO of Liquid described an exclusive deal with Gram Asia on public sales of Telegram Open Network (TON), a decentralized network being developed by privacy-focused messaging platform Telegram. Kayamori told Cointelegraph how Liquid came to agree with Gram Asia. He also claimed that Liquid was the pioneer of initial exchange offering (IEO) and explained which advantages Liquid has in the IEO market. “Everything is between Gram Asia and Liquid” The upcoming IEO at Liquid is a public sale of gram, which…

Binance US is Finally Launching, Will Co-Exist with Coinbase: CEO Zhao

By CCN Markets: Binance, the world’s largest crypto exchange by trading volume, is launching in the U.S. with a partnership with BAM Trading Services Inc. as Binance.US. The price of Binance Coin is up more than four-fold year-to-date (source: coinmarketcap.com) Speaking to CCN in an exclusive interview, Binance CEO Changpeng Zhao explained the motive behind the company’s decision to expand into the U.S. and the team’s view of the regulatory landscape in the U.S. Why binance is finally launching in the u.s. As seen in the recent fallout between Bittrex…

CEO of Major American VC Firm Digital Currency Group: Crypto Winter Is Ending

The crypto winter is likely to be ending, a senior executive at major American blockchain venture capital firm Digital Currency Group (DCG) said in an interview with Bloomberg Technology on June 11. Barry Silbert, DGG founder and CEO, outlined the cyclical nature of the ups and downs of major cryptocurrency bitcoin (BTC), which allegedly means that the recent surge of crypto prices would only continue. Silbert, who is known as a serial crypto investor, specifically pointed out that bitcoin’s price dynamics have been “quite a roller coaster,” with its price…

If Bitcoin Ban Bill in India Passes, Privacy Crypto Assets Could Boom: Binance CEO

Yesterday, the Bitcoin (BTC) and crypto asset community woke up to a harrowing tidbit of news from Bloomberg Quint. An article, which cited a “draft bill”, revealed that regulators in India, from multiple financial and judiciary agencies, revealed that those who involve themselves in the “sale, purchase and issuance of all types” of crypto assets, including Bitcoin, could lead to a ten-year jail sentence and/or fine. At the same time, the Reserve Bank of India and its partners have purportedly also proposed the creation of a “Digital Rupee” to fill…

Embattled CEO of $3.8B Crypto Ponzi Scheme OneCoin Pleads Not Guilty

By CCN: Konstantin Ignatov, the CEO of the multi-billion-dollar “crypto” Ponzi scheme OneCoin, has pleaded not guilty to wire fraud. According to court documents, Ignatov entered the plea during a May 28 preliminary hearing via conference call. As CCN reported, Ignatov — a Bulgarian national — and his sister Ruja Ignatova were charged with wire fraud, securities fraud, and money laundering related to their sham cryptocurrency, OneCoin. The U.S. Department of Justice indicted the Ignatovs for scamming investors through a multi-national Ponzi scheme that made false promises of “guaranteed” profits.…

Ex-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly

By CCN: Bitcoin billionaire and former Bitmain CEO Jihan Wu is set to launch a new crypto trading platform next month that could eventually be granted a monopoly by the Chinese government. Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster Wu’s project, called Matrix, will be a custody and trading firm with substantial ties to Bitmain, one of the world’s largest crypto mining conglomerates. The news was first reported by The Block. It was assumed that Wu left Bitmain in disgrace upon his replacement as CEO in…

Ex-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly

By CCN: Bitcoin billionaire and former Bitmain CEO Jihan Wu is set to launch a new crypto trading platform next month that could eventually be granted a monopoly by the Chinese government. Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster Wu’s project, called Matrix, will be a custody and trading firm with substantial ties to Bitmain, one of the world’s largest crypto mining conglomerates. The news was first reported by The Block. It was assumed that Wu left Bitmain in disgrace upon his replacement as CEO in…

Ex-Bitmain CEO Jihan Wu Set to Launch Crypto OTC Platform Next Month: Report

Ex-Bitmain CEO Jihan Wu could launch his newest venture next month, according to a report by The Block on June 5. One unnamed source told the website that the crypto services startup, called Matrix, “will be the biggest over-the-counter (OTC) desk and asset manager overnight.” Matrix’s OTC offering is likely to be boosted by its close ties to bitcoin (BTC) mining company, Bitmain. The new business will reportedly offer custody and lending services to the Beijing-based giant, receiving a liquid pool in return. Another of the four unnamed sources told…

Former Mt. Gox CEO Mark Karpeles to Serve as CTO of New Japanese Blockchain Venture

Mark Karpeles — the former CEO of the now-defunct bitcoin (BTC) exchange Mt. Gox — has revealed he will serve as the chief technology officer of a new Japan-registered blockchain technology firm. The news was reported by Japanese daily newspaper The Mainchi on June 5. Speaking at the Foreign Correspondents’ Club of Japan earlier today, Karpeles reportedly declared his intention to make the country a global leader in blockchain technology by undertaking his new role as CTO of the new Tokyo-based firm, Tristan Technologies Co. Tristan Technologies reportedly plans to…

Binance CEO Turns Down Sun’s Offer to Join $4.5M Lunch with Warren Buffett

Photo: Binance / Facebook After a mysterious week filled with teasers, the TRON CEO revealed that he won a lunch with the legendary Warren Buffet. As part of his winning $4.5 million bid for a lunch, Justin Sun can invite seven guests to accompany him. His preliminary picks were Litecoin’s Charlie Lee, Ethereum’s Vitalik Buterin, and Changpeng Zhao (CZ) of Binance. As we reported, Sun won the lunch in an auction towards the GLIDE charity. He revealed through Twitter that he placed a bid of $4.57 million to lunch with crypto-basher…