Tag: CEO

Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026

Key Notes OpenSea CEO Devin Finzer confirms SEA token launch in Q1 2026 with 50% supply reserved for the community. The SEA token will integrate staking, trading, and on-chain liquidity features across OpenSea’s ecosystem. The announcement comes as NFT market capitalization declines to $5.2 billion, down from a $25 billion peak in 2021. On Friday, October 17, CEO Devin Finzer announced via X that Opensea will launch a native token, SEA, in Q1 2026, transitioning from an NFT marketplace to a full-suite on-chain trading platform. OpenSea crossed $2.6B in trading…

Tether Pays $299.5M to Settle Celsius Bankruptcy as CEO Paolo Ardonio Targets $20B Fundraise

Key Notes The settlement represents one of the largest crypto bankruptcy recoveries in recent US history involving offshore entities. Tether’s USDT dominates with $180B market cap and $5.7B H1 2025 profit, outperforming Circle by 8000%. The fundraise aims to expand operations amid growing competition from Trump-backed USD1 and Ripple’s RLUSD stablecoins. On Oct. 14, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced a $299.5 million settlement with Tether in connection with the Celsius Network bankruptcy case. The lawsuit, filed in the US Bankruptcy…

BlackRock CEO Larry Fink Declares “Tokenization of All Assets” Era Has Begun

Key Notes BlackRock targets $4.1 trillion in digital wallets through asset tokenization, converting traditional products into digital formats. Ethereum ETFs experienced $428.5 million in net outflows on Oct 13, with BlackRock contributing $19.1 million to the selloff. Bitcoin maintains position above $112K support level despite short-term bearish pressure and technical indicator divergence. BlackRock CEO Larry Fink stated the financial industry is at “the beginning of the tokenization of all assets” during an Oct. 14 interview on CNBC’s Squawk on the Street. The comment came as the firm’s iBIT Bitcoin ETF surpassed…

Centralized Exchanges Underreport Liquidations: Hyperliquid CEO

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Hyperliquid co-founder and CEO Jeff Yan claimed that the way centralized crypto exchanges, and Binance specifically, report data is likely to underrepresent liquidations. Bitcoin (BTC) fell to $102,000 on Friday after US President Donald Trump announced sweeping tariffs on China. Similarly, Ether (ETH) fell to $3,500, and Solana (SOL) dropped below $140 in a marketwide sell-off. CoinGlass data indicated that on Friday, $16.7 billion of long liquidations and $2.456 billion of short liquidations occurred, making it the biggest liquidation event in crypto history. In a Monday X post, Yan pointed…

BNB Is the ‘Most Overlooked Blue-Chip,’ Says CEA CEO

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BNB’s recent surge to a new all-time high above $1,300 is not an “unexpected upshot or rare peak,” rather it shows the network’s credibility, according to David Namdar, CEO of Nasdaq-listed CEA Industries, which has also become the world’s largest BNB Treasury. In a recent interview with Cointelegraph, Namdar called BNB (BNB) “the most overlooked blue-chip in the market,” arguing that the rally reflects years of underappreciated fundamentals finally breaking through. “The market is waking up to the credibility, scale, and utility of the BNB ecosystem,” he said, pointing out…

Crypto.com CEO Calls for Regulatory Probe After $20B in Exchange Liquidations

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Crypto.com CEO Kris Marszalek urged regulators to investigate exchanges that saw the largest liquidations since Friday, calling for thorough reviews of trading fairness and consumer protection after about $20 billion in liquidations. He asked whether any platforms effectively halted trading, whether trades were correctly priced against indexes, how trade monitoring and AML programs are set […] Source

Investigation Links 100K BTC Hyperliquid Whale to Former BitForex CEO

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An onchain investigation by crypto researcher Eye has linked the mysterious Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, a now-defunct exchange embroiled in a fraud scandal. In a Saturday post on X, the onchain sleuth noted that the whale’s main wallet, ereignis.eth, was connected to another ENS name, garrettjin.eth, which directly leads to Jin’s verified X (Twitter) account, @GarrettBullish. “The ENS name ereignis.eth (“event” in German) confirms his link to this wallet, identifying him as the actor behind the large-scale operations on…

Crypto.com CEO Urges Probe After $20B Liquidations

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Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours. In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down, mispriced assets, or failed to maintain proper anti-manipulation and compliance controls during the crash. “Regulators should look into the exchanges that had most liquidations in the last 24 hours,” he wrote. “Any of them slowing…

Coinbase CEO Slams Senate’s ‘Bad’ DeFi Bill, Stalling Crypto Laws

Key Notes A new DeFi proposal by Senate Democrats has stalled bipartisan crypto legislative talks. Industry leaders, including Coinbase CEO Brian Armstrong, criticize the proposal as a ‘crypto ban’. The proposal aims to regulate DeFi front-ends and developers, and create a ‘restricted list’ for protocols. A new decentralized finance (DeFi) proposal from Senate Democrats has sparked widespread industry criticism and stalled bipartisan talks on a comprehensive crypto market structure bill. Critics argue the plan would effectively ban DeFi in the US by requiring KYC for non-custodial wallets, designating developers as…

SBF’s ‘Biggest Mistake’ Was Signing Over FTX To CEO John Ray

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Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision he claims cost him a last-minute opportunity to save the firm. Bankman-Fried, once the leader of the $32 billion FTX exchange, is currently serving a 25-year prison sentence for seven felony charges related to the collapse of FTX and Alameda Research in November 2022, which resulted in an $8.9 billion loss of investor funds. Looking…