Tag: CEO

Circle CEO says blockchain industry is transitioning from dial-up to broadband phase

At the Converge22 conference in San Francisco, Jeremy Allaire, CEO of stablecoin issuer Circle, said that the world is finally moving from the speculative value phase of crypto to the utility phase. Drawing parallels to the early days of the internet, he said: “It is an architecture that the internet was founded on many decades ago — this idea of open networks, of open standards and protocols, of connecting entities, devices and people in interoperable ways, of a globally intertwined world of decentralized systems.” As told by Allaire, there are…

Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

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Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore. Thousands of attendees converged on Wednesday at the Marina Bay Sands Convention Center for the start of the two-day conference which features prominent speakers from the cryptocurrency and blockchain ecosystem. Pantera, a blockchain-focused investment fund with $4.5 billion of assets under management, said it continues to see value in emerging crypto use cases.  Morehead drew parallels to the early…

Celsius CEO Alex Mashinsky Resigns Amid Tumultuous Bankruptcy Proceedings – Bitcoin News

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On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve a successful reorganization.” Alex Mashinsky Resigns From Embattled Celsius — Founder Apologizes for the ‘Difficult Financial Circumstances’ After Celsius paused withdrawals on June 12, 2022, over a month later the company filed for Chapter 11 bankruptcy protection. Just recently, leaked audio from Celsius executives suggested the firm might try to leverage an IOU crypto to pay investors back. Three…

Celsius Network CEO Alex Mashinsky Resigns

“I elected to resign my post as CEO of Celsius Network today,” said Mashinsky. “Nevertheless, I will continue to maintain my focus on working to help the community unite behind a plan that will provide the best outcome for all creditors – which is what I have been doing since the Company filed for bankruptcy,” he added. Source

New Kraken CEO Says Crypto Exchange Won’t Be Registering With the SEC: Report

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The incoming chief executive of crypto exchange Kraken reportedly says that the firm has no plans to register with the U.S. Securities and Exchange Commission (SEC). According to a new report by Reuters, Dave Ripley, who will take the place of current CEO Jesse Powell, says that Kraken won’t register with the SEC as a market intermediary or delist tokens the regulatory agency has deemed to be securities. In July, the SEC reportedly opened an investigation into leading US crypto exchange Coinbase for allegedly offering unregistered securities. At the time,…

Is Bitcoin Mining Still Profitable?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of BTC has dropped dramatically so is mining #Bitcoin still profitable? Real Vision’s crypto editor Ash Bennington talks to the CEO of Miningstore, JohnPaul Baric about how the mining industry has been impacted. MiningStore is one of the longest large-scale crypto miners and they are serious builders who support the Bitcoin ecosystem by bringing mining to the masses. This is a conversation for everything you wanted to know about mining but were afraid to ask. Recorded on 14th June. #bitcoinmining…

Pantera Capital’s CEO suggests blockchain growth will continue despite economic turmoil

The economic landscape may seem dire at the moment, but it’s unlikely to affect blockchain development, according to Pantera Capital CEO Dan Morehead. In an interview for Real Vision on Thursday, the venture capitalist said that he believes blockchain technology will perform based on its own fundamentals, regardless of the conditions indicated by traditional risk metrics: “Like any disruptive thing, like Apple or Amazon stock, there are short periods of time where it’s correlated with the S&P 500 or whatever risk metric you want to use. But over the last…