BitMine Immersion Technologies has overhauled its leadership as it continues to amass one of the largest Ether treasuries across publicly traded companies. In a Friday notice, BitMine announced that Chi Tsang would succeed Jonathan Bates as the company’s CEO, effective immediately. The Ether (ETH) treasury company reported holding more than 3.5 million tokens as of Monday, bringing its valuation to more than $11 billion at a price of $3,175. “With its substantial Ethereum holdings and credibility with both Wall Street and the Ethereum ecosystem, BitMine is positioned to become a…
Tag: CEO
PUMP Jumps as 11% Supply Bought — CEO Questions the Move
Key Notes PUMP trades 7.2% lower, holding above key support at $0.0034. DeFiance Capital’s founder questions why price lags despite major buybacks. Community concerns grow amid fading meme coin hype. Pump.fun (PUMP) has slipped 7.2% in the last 24 hours, trading just above a crucial support zone at $0.0034. PUMP, one of the top meme coins, has been in a persistent two-month downtrend, losing roughly 58% of its value since mid-September. This PUMP price drop has sparked criticism across the crypto community, including from Arthur Cheong, founder of DeFiance Capital.…
French Authorities Lift Travel Ban on Telegram CEO Pavel Durov After Year-Long Investigation
Key Notes Durov faced charges for alleged complicity in organized crime through Telegram’s encrypted platform. He complied fully with supervision terms over the past year, leading to restriction removal. The CEO remains under formal investigation despite lifted travel bans and continues legal challenges. French investigators have formally lifted all travel restrictions imposed on Telegram founder and CEO Pavel Durov, marking the latest development in a high-profile criminal probe tied to the messaging platform’s content moderation practices. The decision, dated November 10, removes the ban on leaving France and ends a…
France Lifts Telegram CEO Pavel Durov’s Travel Ban
French authorities have reportedly lifted Telegram CEO Pavel Durov’s travel ban amid an ongoing investigation into the messaging platform. Durov had been ordered to remain in France following his arrest in Paris in August last year, facing multiple charges related to his operation of Telegram. Durov was previously granted temporary exemptions, and French authorities have now fully lifted restrictions on his travel, Bloomberg reported on Thursday. As part of the latest decision, dated Monday, officials also removed the requirement for Durov to regularly check in at a local police station,…
Uniswap To ‘Go Parabolic’ Due Supply Shock: CryptoQuant CEO
Uniswap (UNI) ripped higher on Tuesday after Uniswap Labs founder Hayden Adams unveiled “UNIfication,” a sweeping governance proposal that would activate protocol fees and route them into coordinated token burns. The structural shift—combined with a sharp change in how Uniswap’s teams are organized, igniting an extremely bullish sentiment, with CryptoQuant CEO Ki Young Ju arguing that a real supply shock could be incoming. Uniswap (UNI) Supply Shock Incoming? “Uniswap could go parabolic if the fee switch is activated. Even just counting v2 and v3, with $1T in YTD volume, that’s…
Privacy is the Gate to Institutional Blockchain Use: Matter Labs CEO
Privacy tokens bucked the trend to surge in price and popularity during the recent market slump, but most of the discussion has centered on consumer-facing projects like Zcash. At the same time, banks and financial institutions have been exploring zero-knowledge (ZK) systems that enable private transaction flows on blockchains, a technology known for transparency and immutability. As Alex Gluchowski, CEO of Matter Labs, put it, “There is cypherpunk privacy, which is account-level privacy, and then there is institutional privacy, which is system-level privacy. Institutions need full visibility over their own…
Get Ready, The End Of November Will Be Massive For XRP: CEO
Reports from the Ripple Swell 2025 conference show growing interest in XRP. Traders and fund managers are watching November closely. Related Reading According to speakers at the event, several timetabled moves could push more money into the token in the short term. Canary Capital ETF Timetable Canary Capital’s spot ETF is set to go live after an updated S-1 filing, with a possible automatic launch 20 days later on November 13. Reports from the stage cited Steven McClurg, CEO of Canary Capital, as confirming the update. That filing removed an…
Binance CEO Declares Crypto Mainstream, Sees ‘Very Bullish’ Trend
Crypto’s rapid evolution into the financial mainstream is gaining unstoppable momentum, fuelled by surging institutional demand and growing regulatory clarity that’s setting the stage for the next global wave of digital asset expansion. Binance Chief Predicts Powerful Crypto Upswing With Mainstream Adoption Rising Binance chief executive Richard Teng reaffirmed the growing mainstream acceptance of digital […] Source CryptoX Portal
What Happened at Thodex? CEO Found Dead
Faruk Fatih Özer was found dead in his prison cell on Nov. 1. The former CEO of now-defunct crypto exchange Thodex was serving an 11,000-year sentence for running one of the largest crypto scams in history. His death marks the latest turn in the Thodex saga, with ripple effects so significant they altered Turkish cryptocurrency laws. The initial details of Özer’s death point to suicide, but the investigation is still ongoing. It has once more brought Thodex back into the spotlight. Here’s a look back at Özer’s story, how the…
Safe CEO Says Bybit Hack Exposed Fragmented Self-Custody Security
In February, the cryptocurrency ecosystem stood on the precipice of calamity. Hackers stole $1.5 billion of Ether from crypto exchange Bybit, the largest theft the industry had ever seen. Fears of a contagion-driven market collapse were alleviated by an industry-wide effort to plug the gap at Bybit, and within hours, the exchange regained control of the situation. The post-mortem revealed that Bybit’s routine transfer of Ether (ETH) between wallets had been captured by hackers. The attackers, believed to be North Korean Lazarus Group, compromised a SafeWallet developer machine, injecting malicious…