Tag: CEO

Binance Aus ramping up measures to protect vulnerable users, says CEO

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Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it’s flagged as most vulnerable to financial crypto crime. The new measures were mentioned in Binance Australia’s June quarter Economic, Social, and Governance (ESG) report on Aug. 29, which noted that the exchange was working on a “stringent and user-focused onboarding experience” aimed at groups with a higher occurrence of financial crime. Speaking with Cointelegraph, Binance Aus CEO Leigh Travers and Zachary Lu from the exchange’s Financial Crime, Risk and Compliance…

NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading

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According to a recent blog post, 0xfanfaron, CEO of nonfungible tokens (NFTs) gaming project Ragnarok, apologized publicly for his missteps in leading the company. Ragnark is a crypto startup that brought in $15.5 million worth of Ether for gaming development in April through its first-ever NFT sale. However, a0xfanfaron disclosed: “We exchanged the ETH from the mint for 15.5 million in USD Coin. As it turns out, this was a good move in treasury management. But when ETH’s price went down, I made mistakes by buying ETH multiple times when…

Ripple CEO comments on Crypto Leaks, denies funding law firm to target others

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Ripple CEO Brad Garlinghouse took to Twitter to deny recent explosive claims made by Crypto Leaks, an online publication focusing on corruption and fraud-related news in the crypto ecosystem. Crypto Leaks published a report on Friday containing a series of short videos from an unknown source. The report claimed that Ava Labs formed a secret pact with the law firm to use the American legal system “gangster style” to “attack and harm crypto organizations.” The same report also alleged that Ripple CEO Brad Garlinghouse funded a law firm to target competitor…

Ava Labs CEO denies CryptoLeaks’ claims as ‘conspiracy theory nonsense’

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Ava Labs CEO Emin Gün Sirer has dismissed sensational allegations from CryptoLeaks that his company used litigation to “harm” competitors and fool regulators, labeling it as “conspiracy theory nonsense.” Sirer made the comments in an Aug. 28 Twitter post to his 280,500 followers, referring to an Aug. 26 article from CryptoLeaks alleging the company formed a “secret pact” with U.S. law firm Roche Freedman to use the American legal system “gangster style” to “attack and harm crypto organizations.” How could anyone believe something so ridiculous as the conspiracy theory nonsense…

Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering – Regulation Bitcoin News

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India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber. The company says its engagement with the ED was not related to any money laundering inquiry. The federal agency recently froze the assets of two other crypto firms, Wazirx and Vauld. Coinswitch Kuber Next on ED’s List The Enforcement Directorate (ED), the law enforcement and economic intelligence agency of the government of India, carried out searches at five locations linked to popular crypto trading platform Coinswitch Kuber Thursday. The cryptocurrency trading platform…

Don’t trust your coins to anyone, Ledger CEO warns

The rise of decentralized services and hardware security wallets means that we no longer need to rely on intermediaries to manage our financial assets and data, according to CEO Pascal Gauthier of hardware wallet Ledger, who has urged people to take on more responsibility. Speaking to Cryptox at Surfin’ Bitcoin 2022 on Aug. 25, Gauthier said that the recent collapse of centralized exchanges has showcased why investors shouldn’t rely on intermediaries to manage their digital assets. While most actors are well intended, Gauthier said “the [crypto] industry is too young”,…

Coinbase, whose CEO called most politics a ‘distraction’, launches voter registration tool

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Coinbase, a crypto exchange whose CEO previously said it doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration portal as part of a crypto policy education initiative. In a Thursday blog post, Coinbase chief policy officer Faryar Shirzad said the crypto exchange will offer users the opportunity to register to vote in the United States through a Capitol Canary website. According to the policy head, the voter registration tool was part of an initiative aimed at giving the crypto…

Telegram CEO Pavel Durov Hints at Web3 Integration – Bitcoin News

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Pavel Durov, CEO of Telegram, has hinted at a series of Web3 enhancements coming to the popular messaging platform. Durov talked about the benefits that tradable usernames and channel links might have in the future, creating a marketplace where users could use them in the same way Ethereum Name Service addresses are utilized. Telegram Might Receive Web3 Enhancements Digital companies are starting to see benefits that Web3, NFTs, and user-led digital marketplaces might bring to their operations. Pavel Durov, CEO of Telegram, one of the most popular messaging…