Tag: CEO

Games need bots? Illivium CEO admits ‘it’s tough,’ Web3 games 42X upside: Web3 Gamer

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Is a game even a game without bots? Pixels CEO doesn’t think so Some think that bots in games is a sign of the apocalypse, or perhaps just the makers trying to fill up an empty venue to make it look popular. But Pixels founder and CEO Luke Barwikowski says that conversely, if people aren’t trying to fill your game with bots, then it’s probably because the game isn’t exactly the talk of the town. “If people aren’t trying to bot your game — it’s not because they can’t —…

Former Bitzlato CEO Legkodymov Pleads Guilty to $700M Crypto Fraud 

After spending 11 months in custody, Legkodymov pleaded guilty to one count of operating an unregistered exchange. Anatoly Legkodymov, the former CEO of Bitzlato, a cryptocurrency exchange based in Hong Kong, has pleaded guilty to charges of operating an unlicensed money-transmitting business and facilitating the laundering of illicit funds totaling up to $700 million. According to an announcement on Wednesday, the former Bitzlato CEO, popularly known as “Gandalf” or “Tolik”, appeared before Judge Eric Vitaliano at a United States court in Brooklyn, N.Y., where he admitted the crimes. The Genesis…

Grayscale Investments CEO hints at optimistic scenario for spot Bitcoin ETF

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Grayscale Investments CEO Michael Sonnenshein believes that market participants’ negotiations with the U.S. Securities and Exchange Commission (SEC) about launching a spot Bitcoin (BTC) ETF in the United States are proceeding according to an optimistic scenario. The CEO shared this opinion with Yahoo Finance reporters and noted that SEC commissioners are working to clarify details on applications from market participants to launch a spot Bitcoin ETF. Such actions of the Commission, in his Sonnenshein’s opinion, indicate the regulator’s interest in resolving issues related to the possible launch of the instrument…

CEO Trashes Crypto – Again

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In a fiery declaration that reverberated through the financial landscape, JPMorgan Chase’s formidable CEO, Jamie Dimon, once again launched a verbal assault on crypto. Dimon, well-known for speaking his mind, straightforwardly called for a complete ban on digital currencies, linking them to criminal activities without holding back. The CEO didn’t mince words at a Senate hearing alongside seven other big bank bosses: “If I was the government, I’d close it down.” In response to a question from Senator Elizabeth Warren, he stated that he was adamantly against all forms of…

Judge accepts Binance CEO CZ’s guilty plea, with sentencing in Feb

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A federal judge has accepted Binance founder Changpeng “CZ” Zhao’s guilty plea to money laundering but hasn’t decided if he can leave the United States before his February sentencing date. In a Dec. 6 filing to a Seattle District Court, Judge Richard Jones said he accepted Zhao’s guilty plea to one count of Bank Secrecy Act violations, which the Binance founder submitted over two weeks ago on Nov. 21 alongside his exchange’s $4.3 billion settlement with United States agencies. Part of the settlement deal saw Zhao step down as CEO…

‘If I was the government, I’d close it down’ — Chase CEO on crypto

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JPMorgan Chase chair and CEO Jamie Dimon told several United States lawmakers that if he had the authority in government, he would try to shut down crypto. In a Dec. 6 hearing of the Senate Banking Committee on oversight of Wall Street Firms, Dimon responded to questioning from Massachusetts Senator Elizabeth Warren, who claimed North Korea had funded much of its missile program using “proceeds of crypto crime” in addition to funding Hamas. The JPMorgan Chase CEO said he had “always been deeply opposed to crypto” and associated digital assets…

New Binance CEO Teng Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto

“I’ve asked you where Binance’s global headquarters is, I’ve asked you whether Binance is going to undergo an audit, how many employees the company currently has on its books and whether you’re applying for a license in the UK, which is what Binance told us during our last FT crypto conference. You haven’t answered those questions,” Chipolina said after repeatedly trying to get an answer from Teng. Source

CryptoQuant CEO reveals how whales prepare for market fluctuations

CryptoQuant CEO Ki Yong Ju notes that whales carefully prepared for the growth of the crypto market at the end of 2023. He shared his observations about what steps large investors take in a thread shared on X. According to Ju, whales recently opened the bulk of long positions when Bitcoin (BTC) reached $29,000. The accumulation phase, according to his observations, started in early Aug. 2023. At the same time, many whales began to enter the market when BTC reached a cyclical low against the backdrop of the collapse of…

Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue

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Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November. In an 8-K filing to the Securities and Exchange Commission on Dec. 4, Robinhood noted that “November Crypto Notional Trading Volumes were roughly 75% above October 2023 levels.” The activity, however, didn’t translate to equity and options contract trading volumes, which were mostly flat compared to October. The bumper month marks a reversal for Robinhood, which revealed a 55% decrease in cryptocurrency notional volumes over the year in its Q3 results filing. As…

Pudgy Penguins CEO Luca Netz Led Company to Success, While the NFT Market Crashed

Toys being linked to a digital experience may not be a novel concept (see Webkinz from the 2010s). But Pudgy Toys gives owners real IP for their money. We”took 16 holders of Pudgy Penguin NFTs, 16 licensing arrangements, and made 16 toys. Every time one of those toys sells, they get the license in perpetuity,” Schnetzler said. “IPs have been built around brand and consumption, we want to change that to brand and participants.” Source