Autonomous AI agents need a blockchain-based trust layer to function safely and scale, according to Rodrigo Coelho, CEO of Edge and Node. The Agentic Economy: Why Autonomous AI Needs Blockchain As artificial intelligence (AI) agents become autonomous—executing tasks, buying data, and hiring services—they require a trust layer that only blockchain can provide to operate safely […] Source CryptoX Portal
Tag: CEO
Coinbase CEO to buy more Bitcoin after Q3 earnings
Coinbase CEO Brian Armstrong shared that the company is going ‘long’ on Bitcoin, revealing that the firm’s BTC holdings have increased by 2,772 BTC and will continue to grow. Summary Coinbase increased its Bitcoin holdings by 2,772 BTC in Q3 2025, bringing its total to around $1.6 billion. The exchange now ranks as the ninth-largest corporate Bitcoin holder globally. The exchange’s Q3 2025 revenue surged 25% to $1.9 billion, driven by stronger institutional trading, favorable market conditions, and its expansion into derivatives and international products. In a recent post shared…
Tether CEO Claims USDT Reached 500 Million Users Worldwide
According to Tether executive Paolo Ardoino, the stablecoin USDT has reached 500 million users worldwide. The figure was posted on his social feed. Based on reports, that user base would represent about 6.25% of the global population. At the same time, USDT’s circulating supply is reported to be roughly $182 billion. Tether Reports 500 Million Users The announcement came in a short social post from Ardoino celebrating the milestone. It’s the “biggest financial inclusion achievement” in history, he said. The company frames this as a major step for financial access,…
Citadel CEO Kenneth Griffin Discloses 4.5% Stake in Solana Treasury Firm DeFi Development Corp
Key Notes Griffin’s investment through Citadel entities totals 1.3M shares in the Solana-focused treasury company. DeFi Development Corp’s SOL holdings show 67% unrealized gains since April 2025 acquisition. Technical analysis indicates potential SOL breakout toward $260 if price sustains above $190 resistance. Kenneth Griffin, founder and CEO of Citadel, disclosed a 4.5% beneficial ownership stake in DeFi Development Corp, a Nasdaq-listed firm that adopted the Solana SOL $178.5 24h volatility: 6.0% Market cap: $97.75 B Vol. 24h: $7.56 B treasury reserve strategy in April 2025, according to a Schedule 13G…
Stablecoin Yields Not A ‘Detriment’ To Banks, Says Kraken CEO
Kraken boss David Ripley has fired back against a senior executive of the American Bankers Association, who argued that stablecoins yield is a “detriment” to banks’ abilities to support their community. ABA’s senior vice president of innovation and strategy, Brooke Ybarra, said if major crypto exchanges such as Kraken or Coinbase were allowed to pay interest on payment stablecoins, it would “fly in the face” of the idea that stablecoins should be used for payments and not as a store of value. “A detriment to who?” Ripley said. “Consumers should…
StarkWare CEO Says Corporate Blockchains Will Not Survive Long Term
Blockchains created and controlled by corporations will eventually die, as users won’t want a chain controlled by a central entity, according to Eli Ben-Sasson, co-founder and CEO of blockchain company StarkWare. Ben-Sasson said in a Monday post to X that he was doubling down on his opinion that “corpo” chains won’t last because they are not aligned with a fundamental concept of blockchain, which requires them to get “rid of their position as a central entity.” “The important element of blockchain is a system that gets rid of a central…
Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026
Key Notes OpenSea CEO Devin Finzer confirms SEA token launch in Q1 2026 with 50% supply reserved for the community. The SEA token will integrate staking, trading, and on-chain liquidity features across OpenSea’s ecosystem. The announcement comes as NFT market capitalization declines to $5.2 billion, down from a $25 billion peak in 2021. On Friday, October 17, CEO Devin Finzer announced via X that Opensea will launch a native token, SEA, in Q1 2026, transitioning from an NFT marketplace to a full-suite on-chain trading platform. OpenSea crossed $2.6B in trading…
Tether Pays $299.5M to Settle Celsius Bankruptcy as CEO Paolo Ardonio Targets $20B Fundraise
Key Notes The settlement represents one of the largest crypto bankruptcy recoveries in recent US history involving offshore entities. Tether’s USDT dominates with $180B market cap and $5.7B H1 2025 profit, outperforming Circle by 8000%. The fundraise aims to expand operations amid growing competition from Trump-backed USD1 and Ripple’s RLUSD stablecoins. On Oct. 14, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced a $299.5 million settlement with Tether in connection with the Celsius Network bankruptcy case. The lawsuit, filed in the US Bankruptcy…
BlackRock CEO Larry Fink Declares “Tokenization of All Assets” Era Has Begun
Key Notes BlackRock targets $4.1 trillion in digital wallets through asset tokenization, converting traditional products into digital formats. Ethereum ETFs experienced $428.5 million in net outflows on Oct 13, with BlackRock contributing $19.1 million to the selloff. Bitcoin maintains position above $112K support level despite short-term bearish pressure and technical indicator divergence. BlackRock CEO Larry Fink stated the financial industry is at “the beginning of the tokenization of all assets” during an Oct. 14 interview on CNBC’s Squawk on the Street. The comment came as the firm’s iBIT Bitcoin ETF surpassed…
Centralized Exchanges Underreport Liquidations: Hyperliquid CEO
Hyperliquid co-founder and CEO Jeff Yan claimed that the way centralized crypto exchanges, and Binance specifically, report data is likely to underrepresent liquidations. Bitcoin (BTC) fell to $102,000 on Friday after US President Donald Trump announced sweeping tariffs on China. Similarly, Ether (ETH) fell to $3,500, and Solana (SOL) dropped below $140 in a marketwide sell-off. CoinGlass data indicated that on Friday, $16.7 billion of long liquidations and $2.456 billion of short liquidations occurred, making it the biggest liquidation event in crypto history. In a Monday X post, Yan pointed…