Tag: CEO

Pantera CEO on the FTX collapse: Blockchain didn’t fail

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With the FTX exchange being highlighted all over the world of finance, trust in the crypto space seems to dwindle. However, Pantera Capital CEO Dan Morehead believes that there are two areas in crypto that truly work.  According to the executive, narratives that question blockchain and call it a failure because of the FTX collapse are wrong. The Pantera CEO argued that there are several things in crypto that work, such as regulated exchanges and decentralized exchanges. “If you can’t trust FTX who can you trust?!” The two-pronged answer is:…

What blockchain analysis can and can’t do to find FTX’s missing funds: Blockchain.com CEO

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Blockchain.com’s founder and CEO, Peter Smith, believes on-chain analytics will play a significant role in locating the missing FTX funds, though it will have its limitations. On Dec. 20, Fox Business host Liz Claman said that blockchain’s selling point was that it makes crypto transactions transparent and traceable, asking Smith the question of what it could trace in the case of FTX’s missing customer funds. Smith said that blockchain sleuths have already done a fair bit of work in chasing the money trail, adding that it could in fact be…

Elon Musk Promises to Step Down as Head of Twitter — Edward Snowden Throws His Name in the Hat for CEO – Featured Bitcoin News

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Tesla CEO and Twitter chief Elon Musk has promised to step down as head of Twitter. As the billionaire seeks a new CEO to run the social media platform, privacy advocate Edward Snowden threw his name in the hat, stating that he takes payment in bitcoin. “The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive,” Musk clarified. Elon Musk Discusses Finding New Twitter CEO Elon Musk set up a poll on Twitter over the weekend asking his 122.3 million followers whether…

Successful decentralization doesn’t need blockchains: Nillion CEO

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Decentralization via blockchain technology has given rise to several applications such as cryptocurrency, nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs), decentralized finance (DeFi), and many more use cases. However, the future of decentralization may very well extend beyond blockchain technology. Nillion, an internet infrastructure platform based on cryptography, has developed a technology called Nil Message Compute (NMC), which changes how data is stored, processed and decentralized. This new technology could have important implications for how companies and users pursue decentralization as an ethos. When asked how decentralization without blockchains was possible, the…

Former President & COO of Activision to Become New Yuga Labs CEO

Daniel Alegre is set to become Yuga Labs’ new CEO in the first half of 2023 and will focus on the company’s Otherside project. Yuga Labs has appointed the outgoing President and COO of Activision Blizzard, Daniel Alegre, as its new CEO. Alegre’s new position at Yuga Labs was announced less than 72 hours after he departed his role at the video game-holding and publishing company. His exit from Activision Blizzard (NASDAQ: ATVI) comes amid stalled developments regarding Microsoft’s (NASDAQ: MSFT) impending takeover of the Santa Monica-based company.  As the new CEO of Yuga Labs,…

Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails

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According to an end-of-year letter to investors published on Dec. 10, Grayscale Investments CEO Michael Sonnenshein said that the firm might consider “a tender offer for a portion of the outstanding shares of GBTC [Grayscale Bitcoin Trust]” if the latter’s exchange-traded fund (ETF) conversion process is ultimately unsuccessful. Sonnenshein stated that “such tender offer would be for no more than 20% of the outstanding shares of GBTC” and would require both regulatory “relief” from the United States Securities and Exchange Commission as well as shareholder approval. Grayscale and its subsidiary…

Yuga Labs Names Activision Blizzard’s Daniel Alegre as CEO

Alegre boasts an impressive resume, holding leadership positions at global music and media giant Bertelsmann and spending over 16 years as president of various international divisions at Google. In April 2020, Alegre was named president and chief operating officer of Activision Blizzard, the powerhouse gaming company behind titles like Call of Duty, World of Warcraft and more. Source

Elon Musk to Quit as Twitter CEO as His New Poll Supports This Move

The changes in Twitter have gotten tongues wagging as to whether Elon Musk is well-suited for leading the social media company. Twitter Chief Executive Officer Elon Musk has revealed that he may quit his role in the social media company if his following on the platform demands so. Elon Musk posted a poll on Twitter on Sunday asking his more than 122.1 million followers whether he should step down as the platform’s CEO or not. According to him, he will abide by the decision of the majority. The poll has…

New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business – Bitcoin News

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According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman and “the family certainly received payments” from FTX. SBF’s Ethics-Obsessed Parents Face Scrutiny Over Their Alleged Ties With FTX Operations On Saturday, a report from Reuters detailed that the FTX co-founder Sam Bankman-Fried (SBF) will…