Tag: CEO

‘A lot of the bad actors have been shaken out of the market’ — Bitvo CEO

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Pamela Draper, president and CEO of crypto platform Bitvo, has weighed in on firms escaping the Canadian market amid the regulatory environment. Speaking to Cointelegraph at the Collision Conference in Toronto on June 29, Draper said despite crypto companies like Binance, dYdX, and Bybit announcing their departure from Canada in 2023, the country was “one of the few jurisdictions where there’s actually a regulatory regime in place that you can follow.” She cited cases in the United States, where Binance and Coinbase both face lawsuits from the country’s Securities and…

Crypto VC is struggling only from a North American perspective — Animoca Brands CEO

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The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto entrepreneurs face challenges under tough macroeconomic and regulatory conditions, according to Animoca Brands CEO Yat Siu.  Speaking with Cointelegraph at the Collision Conference, in Toronto, Siu highlighted the main differences between the environment for crypto businesses worldwide, stressing that it is not “as bad as it sounds”. According to him, Web3 startups can still raise funding from venture firms, but current conditions like higher…

Blockchain Australia CEO calls for unified efforts to stamp out crypto scams

Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams. Speaking on the final day of Australian Blockchain Week in Melbourne on June 30, Callaghan announced that the association will now be focused on helping prevent scams that involve crypto, among its other efforts. Simon Callaghan speaking at Australian Blockchain Week on June 30. Source: Cointelegraph “We’re going to have to work with the banking sector. We’re going to have to work with the government,” the…

Former Genesis Trading CEO Michael Moro to Lead Groundbreaking Cryptocurrency Derivatives Exchange, Ankex

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Michael Moro, the former CEO of Genesis Trading, is set to lead Ankex, a newly established cryptocurrency derivatives exchange. Ankex, which emerged from the incubation phase within Qredo, a crypto custody tech firm, will commence alpha testing this week. The platform aims to provide users with a decentralized custody solution while incorporating features familiar to professional traders, such as a central limit order book. Following the recent collapses of centralized crypto-trading platforms like FTX, there has been a growing interest in decentralized finance (DeFi). However, Moro highlights that the trading…

Lightspark CEO says US lags UK in digital asset development

Lightspark CEO David Marcus recently expressed concerns about the United States falling behind in digital asset development, further intensifying discussions on global cryptocurrency competitiveness. In a recent statement, David Marcus, CEO of Lightspark and former PayPal president, expressed his frustration over the United States’ perceived lag in digital asset development compared to the rest of the world. Marcus previously spearheaded the Diem stablecoin initiative under Meta, a project later abandoned. Marcus communicated his concerns through Twitter, responding to a tweet by Fred Ehrsam, co-founder of Paradigm and former co-founder of…

LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

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The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn’t seem that bad to me,” Pellegrino said. LayerZero has seen surging use of its protocol, from 10,000 messages a day six months ago to 650,000 a day now, Pellegrino told Cointelegraph U.S. news editor Sam Bourgi. Its market is rapidly evolving.…

Michael Moro, Genesis’ Former CEO, to Head Ankex Startup Crypto Derivatives Exchange

“In terms of leverage, we don’t want this to turn into a full blown leverage casino. So for Bitcoin, the max leverage we are offering is 20x, and then for ETH and BNB, just 10x,” said Moro. “But of course, if we only traded bitcoin, ETH and BNB, then, frankly, that is a boring exchange. We will also have to offer derivatives on tokens that are less common and lower in the market cap table.” Source

CEO holds talks with ‘interested parties’ — Report

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Bankrupt crypto exchange FTX is one step closer to relaunching as an entirely new exchange. According to a June 28 report from the Wall Street Journal, FTX restructuring chief John Ray said the company had “begun the process of soliciting interested parties to the reboot of the FTX.com exchange.” Sources familiar with the matter said the firm has been holding talks with investors around financing the potential reboot. Blockchain lending company Figure is among the parties who have displayed interest in the process. Cointelegraph reached out to Figure but did…

Bitcoin price surge will come from retail, not institutions: Fireblocks CEO

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While an approved BlackRock spot Bitcoin (BTC) exchange-traded fund (ETF) will funnel new institutional money to Bitcoin, it’s going to be the retail investors that ultimately drive any significant price surges, according to Michael Shaulov, the CEO and co-founder of institutional custody platform Fireblocks. On June 15, investment colossus BlackRock filed for a spot Bitcoin ETF, leading to other financial firms filing their own, along with Bitcoin’s price reaching its highest levels in a year. However, while many are hopeful that institutional involvement in crypto will further rocket prices, Shaulov notes…