โI remain utterly STARK-pilled, but Iโm leaving the CEO post to meet the health needs of my family,โ Kolodny said. โThe company, and the tech stack it has built, are more advanced after six years than I could have ever dreamed. Led by Eli and the team of 150+ gigabrains, Iโm positive that StarkWare will continue to push boundaries of what is possible in scaling Ethereum.โ Source
JPMorgan Chase CEO Jamie Dimon reiterated his longstanding skepticism about BTC despite his companyโs role in the BlackRock Bitcoin ETF.ย Despite the cryptocurrencyโs status as the most valuable in terms of market capitalization, Dimon remained unswayed, questioning its intrinsic worth. Under Dimonโs leadership, JPMorgan Chase has been identified as an authorized participant for BlackRockโs newly approved spot Bitcoin ETF, the iShares Bitcoin Trust.ย โThe actual use cases are sex trafficking, tax avoidance, anti-money laundering, terrorism financing; itโs not just people buying and selling bitcoin. Thereโs no value if youโre buying…
Dennis M. Kelleher, co-founder and CEO of Better Markets, wants the U.S. Securities and Exchange Commission (SEC) to reject all applications for spot Bitcoin exchange-traded products (ETPs).ย In a Jan. 5 letter to the SEC, Kelleher argued that the approval would expose millions of American investors to fraud and manipulation, which the SEC is mandated to prevent, leading to โmassive investor harm.โ He expressed his fears in the context of a recent report by blockchain security firm Scam Sniffer that revealed more than 324,000 crypto users fell prey to fraud…
In a recent investigation by The Guardian, alarming details have emerged regarding a crypto project, HyperVerse, that allegedly lost $1.3 billion of investorsโ funds.ย The report reveals that the chief executive officer promoted by the project, supposedly backed by celebrity endorsements including Chuck Norris, appears to be absent. Investigation Exposes HyperVerse Crypto Scam HyperVerse, promoted by Australian entrepreneur Sam Lee and his business partner Ryan Xu, founders of the now-collapsed Australian Bitcoin (BTC) company Blockchain Global, has been scrutinized for its deceptive practices. The project attracted thousands of investors, who…
In 2024, the crypto industry needs to provide users with โreal-world use cases and applicationsโ that are not necessarily based on a token or blockchain, according to Tether CEO Paolo Ardoino.ย โCrypto doesnโt need a blockchain. It doesnโt need a token,โ he told Cointelegraph in an exclusive interview. Ardoino argued that the next crypto killer app should be focused on the fundamental value proposition offered by cryptography, which consists of peer-to-peer transactions and privacy protections.ย โIt could be a booking system or an Uber competitor,โ Ardoino explained.ย According to the…
Strike CEO Jack Mallers, an ardent Bitcoin (BTC) advocate, has announced his move away from fiat currency, opting to go all-in with Bitcoin. In a Jan. 3 X post, Bitcoin enthusiast and visionary Jack Mallers announced his complete divestment from the US dollar, stating, โI no longer own any US dollars. Not even a penny.โ I no longer own any US dollars. Not even a penny. As an American millennial, I love our country but I oppose our money. I’m all in on #Bitcoin. Setting my sails toward prosperity or…
CEO of the OKX cryptocurrency exchange, Jay Hao, named five basic principles for listing cryptocurrencies on the platform. Jay Hao posted on his X account that many friends are urging him to stake more BRC-20 tokens. However, he explained why this strategy is not suitable for OKX. A lot of friends urging me list more brc-20 tokens. Thanks for these kindly suggestions. I want to clarify, as an exchange if we use the simplest strategy that is just list all tokens, I believe it may help exchange make more quick…
Cryptocurrency exchange MEXC has commented on rumors about the deleted X account @MEXC_CEO. On Dec. 24, MEXC wrote a post addressing the recent โconfusionโ over the sudden deletion of the MEXC_CEO account, which some users believed belonged to the companyโs CEO, John Chen Ju. Clarification on the recent MEXC_CEO Twitter Account Confusion Recently, there have been rumors on social media about the MEXC_CEO Twitter account. We sorry for any confusion caused by this incident and would like to clarify the following: Timeline of MEXC CEO’s account:๐นInโฆ pic.twitter.com/xnwxylMEYy โ MEXC (@MEXC_Official)…
A Reddit user has reported that Google is unwilling to take down a video advertisement that appears to be an attempted scam targeting cryptocurrency users. Reddit users have recently uncovered a deepfake video featuring Ripple CEO Brad Garlinghouse, urging XRP holders to transfer their tokens to a specific address with the promise of receiving double the amount โ a notorious tactic employed by scammers. A Reddit user reported the fraudulent video in a Reddit thread, thus encountering the deceptive advertisement on YouTube between Nov. 25 and Dec. 3. Additional users…
Zooko Wilcox is stepping down as the CEO of Electric Coin Company, the team behind privacy-focused cryptocurrency Zcash (ZEC). ECC announced a change in leadership on Monday, with Josh Swihart promoted to replace Wilcox. Picture of Wilcox speaking about the history of privacy on the internet. Source: ECC Swihart previously worked at ECC as one of the firmโs vice presidents of growth from October 2018 to August 2023 but took four months off working as a part-time investor at investment services firm Denver Angels in Colorado, according to LinkedIn. โWe…