Lack of transparency among project auditors a big problem: Hacken CEO

Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior. Budorin believes a lack of accountability and transparency in the audits many providers perform falls short of reassuring users and projects. Currently, smart contract auditors take no accountability if a token they have audited gets hacked due to a bug in the code. Unsettlingly, most of the largest hack events in 2022 occurred on projects that were audited by third parties.…

JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’ – Featured Bitcoin News

Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s Jamie Dimon on Crypto, Digital Currency JPMorgan Chase CEO Jamie Dimon talked about cryptocurrency in an interview with KMTV 3 News Now in Omaha Friday ahead of the Berkshire Hathaway annual shareholders meeting this weekend. Commenting on cryptocurrency, including bitcoin, the JPMorgan boss said: I always say I don’t particularly like it. I defend your…

Former Google CEO Eric Schmidt Starts Investing in Cryptocurrency — Finds Web3 Economics ‘Interesting’ – Featured Bitcoin News

Eric Schmidt, a former Google CEO whose net worth is $22.8 billion, reveals that he has put “a little bit” of money into cryptocurrency. He added that he finds Web3’s economics “interesting,” noting that the platforms and the use patterns are interesting. Ex-Google Chief Eric Schmidt Discusses Crypto Investing and Web3 Former Google CEO and Chairman Eric Schmidt talked about cryptocurrency investing and Web3 in an interview with CNBC, published Thursday. Schmidt served as the CEO of Google from 2001 to 2011. He stayed on as executive chairman until 2017…

Coinbase CEO responds to insider trading allegations with changes for token listings

After some crypto sleuths made allegations of insider trading by individuals potentially connected to Coinbase, CEO Brian Armstrong said the crypto exchange would change some of its token listing practices. In a Thursday blog post, Armstrong did not confirm whether any Coinbase employees had received disciplinary action or been referred for criminal charges in response to allegedly receiving insider information used to profit off certain token listings. According to the CEO, Coinbase planned to change its listing process over the next few quarters “to try and prevent on-chain data giving…

Aave founder Stani Kulechov briefly suspended from Twitter after joking about becoming interim CEO

Aave (AAVE) founder Stani Kulechov was temporarily suspended from Twitter this week, mere hours after joking that he was joining the social media company as interim CEO. “BREAKING: Joining Twitter as interim CEO,” Kulechov tweeted on Tuesday in a post that was intended as a joke. The tweet was timestamped at 2:48 pm PST (9:48 pm UTC). The following day, the Aave founder’s account was suspended, a spokesperson confirmed to Cointelegraph. The spokesperson also confirmed that it was Kulechov’s first suspension on the social media platform and that he had not…

TipRanks Monday PreMarket Update! Elon TWTR News, TSLA & SQ Bitcoin Mining, AT&T Spinoff + More!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chat with me in the comments here! TipRanks Pre Market News! Today’s Daily Stock Market Preview – Monday April 11th 2022 Watch the TipRanks premarket news and stay up to date on stock market news before the market opens. We touch on earnings reports, the biggest gainers & losers, and big company updates. Check out exclusive stock video series on TipRanks TV! www.tipranks.com/tv For those looking for an extra edge with TipRanks Premium: Check out the TipRanks Mobile App! ? Stocks: Twitter…

Bitcoin Could Hit $1M and Gold $10k to $20k by 2030 – Former Bitmex CEO

Summary: Arthur Hayes has forecasted that Bitcoin could get to $1 million and Gold to $10,000 to $20,000 by the end of the decade Mr. Hayes’ forecast of Bitcoin and Gold is based on an event he describes as ‘the Doom Loop’ The Doom Loop is when the US Federal Reserve starts to pay ‘more in interest on its debt than it receives in tax receipts’ Accommodating the Doom Loop will involve the Fed easing its measures in fighting inflation The Co-founder and former CEO of Bitmex, Arthur Hayes, has…

Ex-BitMEX CEO explains how Bitcoin will have hit $1 million by 2030

Bitcoin (BTC) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and United States dollar. In his latest blog post published o April 27, Arthur Hayes, former CEO of crypto derivatives giant BitMEX, doubled down on his sky-high price prediction for Bitcoin and gold. Bitcoin, gold, commodities… just not fiat In light of sanctions on Russia over its invasion of Ukraine, a giant pivot in both geopolitical and economic policy is coming, Hayes said. As the U.S. and European Union battle to…

Coinbase CEO Says Apple’s Crypto Policy Raises ‘Potential Antitrust Issues’ – News Bitcoin News

The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive. Potential Antitrust Issues Coinbase CEO Brian Armstrong talked about Apple’s crypto policy in an episode of the Superteam podcast, which aired last week. Superteam is a podcast that explores the web3 ecosystem in India. Commenting on Apple’s anti-crypto policy, he detailed: “You try to get…

Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin – Featured Bitcoin News

The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly Disclosed to SEC and Shareholders This week, a rumor has been circulating on social media that the Nasdaq-listed pro-bitcoin software company Microstrategy has been quietly selling its BTC. Microstrategy CEO Michael Saylor tweeted Friday dispelling…