Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989. In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said Saylor would be assuming the new role of executive chair at the company, while president Phong Le will become CEO. The changes are expected to take effect on Aug. 8. “I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies…
Tag: CEO
Michael Saylor will step down as MicroStrategy CEO but remain executive chair
Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989. In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said Saylor would be assuming the new role of executive chair at the company, while president Phong Le will become CEO. The changes are expected to take effect on Aug. 8. “I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies…
MicroStrategy Replaces Saylor as CEO With Company’s President, Saylor to Become Executive Chairman
Business software firm MicroStrategy (MSTR) has appointed Phuong Le, the company’s president, as its new CEO, replacing Michael Saylor, who had served as CEO and chairman of the board since he founded the company in 1989 and took it public in 1998, the company announced Tuesday as part of its second-quarter results. Source
Coinbase CEO Brian Armstrong Reveals What It Takes for Altcoins To Be Listed on Exchange
The head of the biggest crypto exchange in the US is revealing the company’s strategy for listing new digital assets on its platform. In an interview with Lex Fridman, Coinbase CEO Brian Armstrong says that the first step of listing an altcoin on the exchange is determining whether or not the asset qualifies as an unregistered security. “We basically have a test of legality. We check: ‘Do we believe this is a security?’ If so, it can’t be listed on Coinbase. And there’s a very rigorous process we go through…
Banco Santander permitirá en Brasil operar cripto en los próximos meses, según CEO
La institución financiera se sumará a compañías fintech que ingresan al segmento cripto como Nubank, MercadoLibre y PicPay. Source
Solana Spaces store to bring 100K people to Solana per month — CEO Vibhu Norby
Solana Spaces CEO Vibhu Norby said the new physical Solana stores will introduce up to 100,000 people per month to the Solana ecosystem, while also signalling plans to open a virtual storefront in the near future. Utilizing a grant from the Solana Foundation, the first Solana Spaces shop opened in the swanky Hudson Yards New York shopping center on July 28. Addressing the community in a impromptu Twitter AMA on launch day, Norby explained the store is meant to teach new users about how to use Dapps, and noted that…
Santander Brazil to Launch Crypto Trading Feature in Coming Months, CEO Says
Several non-crypto financial companies have announced or started operating crypto ventures in Brazil recently. In July, the Brazilian fintech PicPay announced its plans to launch a crypto exchange and a Brazilian real-tied stablecoin in 2022, while in December, Mercado Libre, Latin America’s largest e-commerce company by market value, started allowing users in Brazil to buy, sell and hold cryptocurrencies. Source
Sky Mavis Denies Wrongdoing After YouTube Sleuth Links Unusual Transaction to Company’s CEO: Report
About $3 million worth of AXS tokens were moved from Sky Mavis CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit. Source
Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRP – Regulation Bitcoin News
Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit Ripple CEO Brad Garlinghouse discussed the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over XRP earlier this month in an interview with Axios at the Collision 2022 event. The SEC sued Ripple Labs, Garlinghouse, and co-founder Chris Larsen in December 2020,…
How CEO Alex Mashinsky Went from Bashing Banks to Bankrupting Crypto Lender Celsius.
According to Mashinsky’s website, he has founded eight startups (Arbinet, Comgates, Elematics, Transitwireless, Governing Dynamics, GroundLink, Inseego and Celsius – and was generally also the chairman, CEO or managing partner), holds 50 patents, raised more than $1.5 billion with over $3 billion in exits, “and now leads the Celsius team with over $25 [billion] in crypto assets.” Source