▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Download 5paisa app and use coupon code LT150 – 5paisa is the fastest growing discount broker app with 2+ million happy customers and over 10 million app users. 5paisa offers all financial services like Equity Trading, Mutual Funds, Insurance, Research Products, Commodity and Currency Trading, Digital Gold Investment, US Stocks and more.” The Lallantop presents you Kharcha Pani, the daily economic bulletin and in today’s episode we discuss following : 1. Why the tax on digital virtual assets in India caused a…
Tag: CEO
Binance CEO Changpeng Zhao Says Exchange Will Launch Big Hiring Spree During Crypto Bear Market: Report
The world’s largest digital assets exchange is planning a hiring spree as some of its competitors slash jobs during the current crypto market downturn. According to a new report by Fortune, Changpeng Zhao, CEO of Binance, says that the company has secured the resources to hire more employees as well as focus on acquisitions. Zhao’s announcement comes at a time when other prominent crypto firms, such as Coinbase, Gemini, Crypto.com, and BlockFi all announced significant layoffs. “We have a very healthy war chest; we in fact are expanding hiring right…
MicroStrategy CEO: No One Has Ever Lost Money Investing in Bitcoin for Four Years
Key takeaways: Michael Saylor has pointed out that anyone who has held onto Bitcoin for four years has never lost money. Mr. Saylor also explained that MicroStrategy had backtested its Bitcoin strategy against alternatives such as gold and the Nasdaq, and it performed 10x better. He also agreed that now could be the best time to buy Bitcoin if your time horizon is ten years. MicroStrategy’s CEO, Michael Saylor, has pointed out that anyone who has held Bitcoin for four years has never lost money. Mr. Saylor shared his Bitcoin…
Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture
On Wednesday, cryptocurrency exchange Kraken announced that it would continue to hire over 500 roles in various departments amid a market downturn. The company’s hiring efforts are in stark contrast to a week of severe layoff announcements from major blockchain firms such as Coinbase, BlockFi, etc. In support of the decision to expand its staff, Kraken said: “We have not adjusted our hiring plan, and we do not intend to make any layoffs. We have over 500 roles to fill during the remainder of the year and believe bear markets…
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
Swan Bitcoin CEO Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform Celsius had misled investors. Original
Binance CEO plans to leverage crypto winter
Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter following reports of recruitment freezes at Gemini and Coinbase, he answered confidently. “It’s not the first time we’ve gone through a crypto winter. If we are in a crypto winter, it would be my third and Binance’s second. So it’s not the first time we’ve been through this.” Some climbing ahead. Not the first time, won’t be…
‘Nothing issue’ — MicroStrategy CEO plans to hodl Bitcoin ‘through adversity’
Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms. In a tweet on June 14, Michael Saylor sought to allay fears that his firm’s BTC exposure may be about to cost it dearly. Saylor stays calm as MSTR dips further With the largest corporate Bitcoin treasury, MicroStrategy has felt the pain of this year’s BTC price declines — at least on paper. According to the monitoring resource Bitcoin Treasuries, the firm’s 129,218 BTC stack is currently being held…
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday. Since launching its software crypto wallet back in 2015, Exodus has been paying its staff 100% in BTC, Exodus co-founder and CEO JP Richardson told Cointelegraph. The company continued to pay all its 300 employees in BTC even during major market downturns, by providing monthly payroll based on their salary in U.S. dollars. “For example, if Bitcoin is $30,000 per token, and…
Binance CEO Changpeng Zhao Questions SEC Investigation into BNB
CZ stops short of denying SEC interest in Binance’s exchange token Source
PayPal Allowing Crypto Off Its Platform Heralds a First Step Away From Fiat World, CEO Schulman Says
“We will instantaneously take your crypto and translate it in to fiat, and you will be able to use that in any one of our 35 million merchant accounts, so we are trying to add functionality,” Schulman said. “But what we just did with transfers, is kind of like the opening step as you might think about us moving from a fiat-orientated world to a digital currency one.” Source