Bitcoin ‘far larger’ than Binance or Coinbase, says Jan3 CEO: BTC Prague 2023

Amid the panic over lawsuits against major cryptocurrency exchanges, one Bitcoin (BTC) advocate argued that the BTC market is much bigger than the one tracked by exchanges. The total Bitcoin market is not limited to Binance, Coinbase or any other crypto exchange, Jan3 CEO Samson Mow told Cointelegraph at the BTC Prague 2023 conference on June 9. “Whereas I think for Bitcoin, it’s much harder to quantify how much of the market it is. It’s because a lot of Bitcoin trades are block trades,” Mow said. In mentioning Bitcoin block…

Binance CEO Refutes Claims of Exchange Selling Bitcoin to Stabilize BNB Price

Several market analysts, including Dylan LeClair and Cory Klippsten, CEO of Swan Bitcoin, have voiced concerns about Binance’s alleged activities in manipulating the market. Following the recent United States Securities and Exchange Commission (SEC) lawsuit against Binance Holdings Limited and Binance.US, the American arm of the largest global crypto exchange, on June 5, the company’s US market share has dwindled significantly to around 78% as market makers and traders flew the exchange due to the regulatory pressure in the country. Amid these challenges, Binance CEO Changpeng Zhao (CZ) has refuted…

Ripple’s CEO sees release of Hinman documents as positive

Brad Garlinghouse, the CEO of Ripple, has expressed his anticipation for the upcoming release of the Hinman documents, hinting at potential positive implications for the legal status of XRP. The documents are scheduled to be unsealed on June 13, and according to Garlinghouse, they have been “well worth the wait.” The Hinman documents refer to a deposition of William Hinman, the former director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC). The deposition is part of the ongoing legal battle between Ripple and the…

Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB

Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its native token Binance Coin (BNB). The rumors have come from several market commentators, including analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, who have accused Binance of intentionally manipulating the market to artificially inflate the value of BNB. In a June 13 tweet, CZ said that Binance had not sold any of their BTC or BNB, adding that the crypto exchange still held “a bag” of FTX Token…

Ava Labs CEO to testify before US House

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dr. Emin Gün Sirer, who leads the development of the Avalanche protocol, is set to testify before the U.S. House Financial Services Committee. Computer scientist and key developer of the Avalanche protocol, Dr. Emin Gün Sirer, is poised to testify before the U.S. House Financial Services Committee. The announcement was first revealed via a tweet, and Sirer himself later confirmed this, expressing gratitude for the opportunity on his own Twitter feed. My written testimony for the…

Hinman Documents Will Be Worth Wait, Says Ripple CEO Brad Garlinghouse

The release of the Hinman documents comes amid rising legal pressure on Binance and Coinbase. With only a day until the highly anticipated release of the Hinman documents, Ripple Labs Inc CEO Brad Garlinghouse has sparked even more interest by claiming that the contents will be “well worth the wait”. The CEO’s statement is in response to a question raised by popular crypto YouTuber Jungle Inc on Twitter, about his thoughts ahead of the release of the “Hinman documents”. The Hinman documents, named after William Hinman, the former Director of…

Twitter CEO Linda Yaccarino Says Twitter Will Be World’s Most Accurate Information Source

According to the new Twitter CEO in a thread, Twitter and all users will be responsible for making the platform the source for accurate info. The new CEO of Twitter Linda Yaccarino has posted her views on the platform’s efforts at free speech in a thread published on Monday. Among other things, CEO Yaccarino said Twitter would support open dialogue and accurate information. Yaccarino made a few promises to the general public in her first thread since officially resuming her position as Twitter CEO. She said the goal is for…

Fear of blockchain will have ‘disastrous consequences’ — Ava Labs CEO testimony

Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “disastrous consequences” if they don’t. Gün Sirer’s comments in defense of what he describes as a “revolutionary technology” is part of a testimony that he is scheduled to give to the U.S. House Financial Services Committee on June 13 — the audience will include Chair Patrick McHenry, Ranking Member Maxine Waters and other members in the House Committee. Gün Sirer’s testimony aims to explain how blockchain…

Blockstream CEO Adam Back responds to US crypto pressure

Amid the mounting regulatory pressures on cryptocurrency exchanges, Blockstream CEO Adam Back highlights the inherent resilience and adaptability of the crypto industry, insisting that it will continually find ways to navigate and thrive despite these challenges. Adam Back, the CEO of Blockstream, shared some insights on the resilience of the cryptocurrency industry during the recent BTC Prague conference. He painted an optimistic picture of the sector’s ability to adapt to changing regulatory landscapes. Antifragility in cryptocurrency sector “Antifragility is the norm here,” Back said to Decrypt. He explains that when…

OpenAI CEO Sam Altman Unveils Optimism about Global Coordination on AI

OpenAI CEO Sam Altman expresses his positive outlook on the prospects of global AI coordination, emphasizing the need for collaboration and cooperation among nations. Sam Altman, the CEO of the trendy OpenAI chatbot, ChatGPT, in a series of recent interviews, has shared his optimism regarding the global coordination of artificial intelligence (AI) efforts. Serving as the prominent representative of this innovative startup, supported by the influential Microsoft Corp, the CEO has embarked on a captivating expedition, seizing opportunities to leverage the growing interest in generative AI and shape the regulations…