Tag: CEO

Coinbase CEO Slams Senate’s ‘Bad’ DeFi Bill, Stalling Crypto Laws

Key Notes A new DeFi proposal by Senate Democrats has stalled bipartisan crypto legislative talks. Industry leaders, including Coinbase CEO Brian Armstrong, criticize the proposal as a ‘crypto ban’. The proposal aims to regulate DeFi front-ends and developers, and create a ‘restricted list’ for protocols. A new decentralized finance (DeFi) proposal from Senate Democrats has sparked widespread industry criticism and stalled bipartisan talks on a comprehensive crypto market structure bill. Critics argue the plan would effectively ban DeFi in the US by requiring KYC for non-custodial wallets, designating developers as…

SBF’s ‘Biggest Mistake’ Was Signing Over FTX To CEO John Ray

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Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision he claims cost him a last-minute opportunity to save the firm. Bankman-Fried, once the leader of the $32 billion FTX exchange, is currently serving a 25-year prison sentence for seven felony charges related to the collapse of FTX and Alameda Research in November 2022, which resulted in an $8.9 billion loss of investor funds. Looking…

Bitcoin lending will x10 by 2028: Maple CEO

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Sid Powell, CEO of Maple Finance, says that Bitcoin lending will reach $200 billion, and that BTC is this generation’s wealth engine. Summary Maple Finance CEO Sid Powell believes that Bitcoin lending will 10x in three years Rate cuts are making DeFi more attractive for investors Bitcoin is this generation’s wealth engine, like housing was for baby boomers Maple Finance has quietly grown into one of the biggest players in crypto credit. Sid Powell, CEO of Maple Finance, told crypto.news that he expects this growth to continue, driven by Bitcoin’s…

Consensys CEO Says SWIFT Is Building on Linea

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SWIFT — the Society for Worldwide Interbank Financial Telecommunication — will be building its recently announced blockchain payment settlement platform on Ethereum layer 2 Linea, Consensys CEO Joe Lubin has confirmed. On Monday, SWIFT revealed that it had tapped Consensys and over 30 TradFi institutions to build infrastructure for a 24/7 real-time crypto payments system — but didn’t confirm which chain it would build on despite widespread speculation that it would be Linea. However, Lubin confirmed Linea’s selection in a fireside chat with Cointelegraph’s Gareth Jenkinson at the Token2049 conference…

ETHZilla CEO Predicts Ethereum as Future of Finance

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ETHZilla CEO McAndrew Rudisill has revealed he made the decision to go all in on Ethereum after seeing its potential in the nearly trillion-dollar global remittance market. Two months later, his formerly floundering biotechnology company is now the eighth-largest public Ethereum treasury in the world. “Ethereum is effectively a gateway for money supply globally to transmit in US dollars,” ETHZilla CEO McAndrew Rudisill told Cointelegraph. The company began life as Life Sciences Corp, a Nasdaq-listed biotechnology firm, which rebranded as ETHZilla Corporation in July, shortly after the US President Donald…

Digital Asset Treasury Bubble Fears Overblown Says TON CEO

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While a recent wave of corporate digital asset treasuries is starting to show signs of a bubble, the long-term outlook is positive, according to TON Strategy CEO Veronika Kapustina. “I think, look, obviously, it looks like it’s a bubble. As in, all the indicators look like it’s a bubble,” Kapustina told Cointelegraph during the Token2049 conference in Singapore. Kapustina explained that they are different from other bubbles we’ve seen in crypto and TradFi “because it’s a new segment of finance.” DATs became “the trade of the summer,” and people saw…

Tether’s $1 Billion Bitcoin Buy Triggers Market Bubble Concerns, CEO Warns

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Tether, the issuer behind the leading stablecoin, USDT, has made headlines by acquiring $1 billion worth of Bitcoin—approximately 8,800 BTC—during the third quarter of this year.  While many investors have reacted positively to this significant investment, caution has emerged from industry experts like Jacob King, CEO of SwanDesk, who warns that this move may contribute to what he believes could be the “largest bubble in history.” Bitcoin’s True Value Could Be Below $1,000 In a recent post on social media platform X (formerly Twitter), King raised serious concerns about the…

Bitcoin Could Go To Zero, Hedge Fund CEO Warns

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Charles Edwards, founder and CEO of Capriole Investments, has issued his starkest warning yet on quantum computing, arguing that Bitcoin must migrate to post-quantum signatures on an accelerated timeline or face existential risk later this decade. “We need to upgrade Bitcoin to be Quantum proof next year. 2026. Otherwise we are fucked,” Edwards wrote on X early Monday, escalating a series of posts in which he contends “Q-Day is this decade.” Could Bitcoin Crash To $0? Edwards’ thesis hinges on the rapid compression of resource estimates required to run Shor’s…

S Token Jumps 5% as Sonic Appoints New CEO

Key Notes Sonic Labs named blockchain pioneer Mitchell Demeter as new CEO. S token gained nearly 5%, bucking broader market weakness. Technicals hint at an early-stage breakout with resistance at $0.26–$0.29. Sonic Labs has appointed Mitchell Demeter as its new Chief Executive Officer, marking an important moment for the blockchain company. The move comes as the network’s native token, S, rallied nearly 5% in the past 24 hours, which defies the broader altcoin market slump. Sonic Labs has appointed Mitchell Demeter as CEO to drive global growth and deepen institutional…

Bitcoin To $200K? Galaxy Digital CEO Reveals The ‘Biggest Bull Catalyst’

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…