Wintermute CEO Dismisses Binance Lawsuit Rumors

Wintermute CEO Evgeny Gaevoy has refuted rumors that his market maker platform plans to sue Binance over losses incurred from the Oct. 10 market crash, which wiped out around $20 billion in leveraged positions across the market. “We never had plans to sue Binance, nor see any reason to do it in future,” Gaevoy posted to X Monday, adding: “I should probably ask to make a note of all the people spreading baseless rumors, but most of people believing these have goldfish memory capacity, so I wont.” Source: Evgeny Gaevoy…

Is Bitcoin Bull Run Over? CryptoQuant CEO Presents The Data

Bitcoin’s on-chain picture is flashing a rare combination: substantial profits across cohorts, rising realized capitalization, and record network hashrate—yet none of the price-accelerating euphoria that typically marks late-stage bull legs. That is the central takeaway from CryptoQuant CEO Ki Young Ju’s latest thread, which parses holder cost bases, cohort profitability, leverage, and the evolving role of ETFs and corporate treasuries in setting the tape. Is The Bitcoin Bull Run Over? The headline number is startling on its face. “Bitcoin wallets’ avg cost basis is $55.9K, meaning holders are up ~93%…

Standard Chartered CEO Says ‘All Money Will Be Digital’

Standard Chartered’s CEO made comments predicting the end of cash and the digitization of all money at the Hong Kong FinTech Week 2025.  During the event, Standard Chartered Group Chief Executive Bill Winters said that the bank shares a common belief with the Hong Kong leadership that all transactions will eventually be settled on the blockchain.   “All transactions will settle on blockchains eventually, and all money will be digital,” Winters said, framing the shift as nothing less than a “complete rewiring of the financial system.” He added that while there’s…

Is Crypto ‘Boring’ Now? Bitwise CEO Says The Market Is Changing

As the early ‘Uptober’ buzz fizzles and Bitcoin struggles to hold $110,000, the overall crypto market sentiment has seemingly taken a beating. According to online reports, market participants are disappointed with the recent performance, but some experts argue that this means the industry is “winning.” Related Reading Crypto Vibes Are ‘Sad’ Despite Industry Adoption On Thursday, investor and analyst Will Clemente shared on X that “the vibes in the crypto groupchats are just sad.” He explained that investors seem “jaded, depressed, and defeated,” adding that they are “completely giving up”…

AI Agents Need Blockchain to Scale Safely, Says Edge & Node CEO

Autonomous AI agents need a blockchain-based trust layer to function safely and scale, according to Rodrigo Coelho, CEO of Edge and Node. The Agentic Economy: Why Autonomous AI Needs Blockchain As artificial intelligence (AI) agents become autonomous—executing tasks, buying data, and hiring services—they require a trust layer that only blockchain can provide to operate safely […] Source CryptoX Portal

Coinbase CEO to buy more Bitcoin after Q3 earnings

Coinbase CEO Brian Armstrong shared that the company is going ‘long’ on Bitcoin, revealing that the firm’s BTC holdings have increased by 2,772 BTC and will continue to grow. Summary Coinbase increased its Bitcoin holdings by 2,772 BTC in Q3 2025, bringing its total to around $1.6 billion. The exchange now ranks as the ninth-largest corporate Bitcoin holder globally. The exchange’s Q3 2025 revenue surged 25% to $1.9 billion, driven by stronger institutional trading, favorable market conditions, and its expansion into derivatives and international products. In a recent post shared…

Tether CEO Claims USDT Reached 500 Million Users Worldwide

According to Tether executive Paolo Ardoino, the stablecoin USDT has reached 500 million users worldwide. The figure was posted on his social feed. Based on reports, that user base would represent about 6.25% of the global population. At the same time, USDT’s circulating supply is reported to be roughly $182 billion. Tether Reports 500 Million Users The announcement came in a short social post from Ardoino celebrating the milestone. It’s the “biggest financial inclusion achievement” in history, he said. The company frames this as a major step for financial access,…

Citadel CEO Kenneth Griffin Discloses 4.5% Stake in Solana Treasury Firm DeFi Development Corp

Key Notes Griffin’s investment through Citadel entities totals 1.3M shares in the Solana-focused treasury company. DeFi Development Corp’s SOL holdings show 67% unrealized gains since April 2025 acquisition. Technical analysis indicates potential SOL breakout toward $260 if price sustains above $190 resistance. Kenneth Griffin, founder and CEO of Citadel, disclosed a 4.5% beneficial ownership stake in DeFi Development Corp, a Nasdaq-listed firm that adopted the Solana SOL $178.5 24h volatility: 6.0% Market cap: $97.75 B Vol. 24h: $7.56 B treasury reserve strategy in April 2025, according to a Schedule 13G…

Stablecoin Yields Not A ‘Detriment’ To Banks, Says Kraken CEO

Kraken boss David Ripley has fired back against a senior executive of the American Bankers Association, who argued that stablecoins yield is a “detriment” to banks’ abilities to support their community.  ABA’s senior vice president of innovation and strategy, Brooke Ybarra, said if major crypto exchanges such as Kraken or Coinbase were allowed to pay interest on payment stablecoins, it would “fly in the face” of the idea that stablecoins should be used for payments and not as a store of value. “A detriment to who?” Ripley said. “Consumers should…

StarkWare CEO Says Corporate Blockchains Will Not Survive Long Term

Blockchains created and controlled by corporations will eventually die, as users won’t want a chain controlled by a central entity, according to Eli Ben-Sasson, co-founder and CEO of blockchain company StarkWare. Ben-Sasson said in a Monday post to X that he was doubling down on his opinion that “corpo” chains won’t last because they are not aligned with a fundamental concept of blockchain, which requires them to get “rid of their position as a central entity.” “The important element of blockchain is a system that gets rid of a central…