Tag: CEO

Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO

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Coinbase CEO Brian Armstrong has reportedly said United States lawmakers have a renewed focus on regulatory clarity in the crypto space following talks with key officials. According to a July 24 Axios report, Armstrong met with U.S. lawmakers on July 20 ahead of discussions and votes on pieces of legislation aimed at providing regulatory clarity on digital assets. The Coinbase CEO reportedly said the Securities and Exchange Commission’s lawsuit against Ripple — in which a court said XRP (XRP) largely did not qualify as a security — “drove a lot of…

Ripple CEO questions SEC’s crypto jurisdiction as Gensler requests more funding

Ripple CEO Brad Garlinghouse has criticized the United States Securities and Exchange Commission’s (SEC) regulation by enforcement approach, questioning the agency’s crypto jurisdiction. Meanwhile, Gary Gensler, the chair of the SEC, has asked Congress for more funding to increase the agency’s oversight of the unregulated cryptocurrency market. Funding, the commission said, is for them to execute their mandate of protecting investors and ensuring markets are fair and efficient. Garlinghouse blasts SEC’s “political power play”  Garlinghouse called out Gensler for what he perceives as inconsistent crypto regulation.  He also said that…

Terra interim CEO says any ‘little progress’ made gets derailed by accusations

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Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent accusations, according to Terra’s new interim CEO Chris Amani. During a July 20 Twitter Spaces, titled A Terra Community Talk, Amani joined several Terra employees to discuss the challenges ahead for Terra moving forward, shortly after Amani was appointed as Terra’s new CEO, while the former CEO, Do Kwon, continues to battle legal issues. https://t.co/k8NzctcLut — Terra Powered by LUNA (@terra_money) July 20, 2023 He noted that…

FTX’s former CEO SBF allegedly leaked ex-lover’s diary

The US Department of Justice (DoJ) has attributed a leak of Caroline Ellison’s personal diary excerpts, recently featured in a New York Times piece, to her ex-lover, Sam Bankman-Fried. Caroline Ellison, previously in a romantic relationship with SBF, was the chief of the quantitative trading company Alameda Research during the implicated period. How did SBF’s lover’s diaries leak? Alleged disclosure of Ellison’s diary by SBF, currently confined to his parents’ California estate on a $250 million bail, faced more sensational allegations this week. “Bankman-Fried’s dissemination of Caroline Ellison’s reflections to…

Binance CEO warns of phishing scams as Uniswap founder gets hacked

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Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks. CZ took to Twitter on July 21 to warn his readers about phishing and other social engineering scams. He also recommended cryptocurrency exchange users rely on hardware devices for two-factor authentication (2FA), instead of using mobile carrier-based 2FA for example. “Best to enable 2FA with a hardware device (Yubikey) on all crypto exchanges,” Binance CEO wrote. Zhao’s warning came shortly after Uniswap founder Hayden Adams had his Twitter…

Former FTX CEO SBF Accused of Leaking Caroline Ellison’s Private Diary to NYT

“The defendant’s actions—sharing personal writings of Caroline Ellison’s with a New York Times reporter—implicate the core concern of Rule 23.1 that disseminating material related to the “testimony or credibility of prospective witnesses” presumptively involves a substantial likelihood or prejudice to a fair trial and the due administration of justice,” the U.S. Attorneys wrote. Source

Former Binance​.US CEO joins Hashdex board

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Brian Brooks, former acting comptroller of the currency for the United States government, has joined the board of directors for crypto-focused asset manager Hashdex. In a July 20 announcement, Hashdex said Brooks had become the fifth member of its board and will serve as a strategic adviser to the firm. Brooks was the chief legal officer of Coinbase from 2018 to 2020, served as acting comptroller of the currency from 2020 to 2021, worked as the CEO of Binance.US for roughly four months and was the CEO of Bitfury from…

Shared Web3 user base could power new social app integrations — Aave CEO

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The latest version of Web3 social layer Lens Protocol has been released, introducing improved functionality to support new use cases and shared monetization for its growing Web3 user base. Decentralized Finance (DeFi) firm Aave Companies announced Lens Protocol v2 on July 17 during EthCC in Paris, with the code powering the protocol reworked to enable improved composability, configurability and functionality. Aave and Lens Protocol founder Stani Kulechov told Cointelegraph that Lens is a decentralized protocol built on Polygon featuring a technology stack that allows developers to build and deploy Web3…

Terraform Labs appoints new CEO from existing team: Report

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As the co-founder of Terraform Labs, Do Kwon, is facing possible extradition to South Korea or the United States from a jail cell in Montenegro, the company has appointed a new CEO. Kwon still remains the principal shareholder of Terra.  According to The Wall Street Journal, U.S. citizen Chris Amani is Terra’s new CEO. Amani has worked for Terra since 2021, serving as a chief operating officer and chief financial officer. Before that, he was a CEO at the scheduling solution provider Humanity. According to Amani’s LinkedIn, he’s been working…