Tag: CEO

Former Binance CEO CZ’s YZi Labs May Open to External Investors

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Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance insiders, including co-founder Yi He. The fund accepted about $300 million in outside funding in 2022, but later returned part of it, citing the overwhelming scale of capital already under management. “There’s always a lot of external investors interested,” Ella Zhang, who heads the fund, told the Financial Times. “We will eventually consider turning it…

Behindwoods Interview “Blockchain: Simplifying Life!” | Sidd Ahmed

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is part of the interview with Avudayappan on Behindwoods! Using blockchain technology, we aim to make complex processes easily accessible to the general audience. Imagine a world where everyday activities become simpler, safer, and more convenient. We’re working on the solution! Share your valuable thoughts on it! I would love to hear it! #positivetribe #siddahmed #tribesiddahmed #tribesidd #behindwoods ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

MetaMask’s Long-Rumored Token May Arrive Sooner Than Expected, CEO Says

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x

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Jack Mallers, co-founder and CEO of Twenty One Capital, told NYSE TV that he expects Bitcoin to climb much higher from current levels. Related Reading According to Mallers, the size of global wealth available for savings gives Bitcoin room to grow in a big way. He made the bold remark that Bitcoin could be “100 to 200 times from here,” and his firm’s buying behavior appears to follow that view. Analyst’s 200x Bitcoin Claim According to Mallers, total global wealth across assets like stocks, property, gold and art is about…

SEC Approves First US Multi-Crypto ETP: Grayscale CEO

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The US Securities and Exchange Commission (SEC) approved the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing. The fund will offer exposure to five of the world’s largest cryptocurrencies: Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA). The approval, disclosed in a filing on Wednesday, marks a milestone for the digital asset industry and follows the success of US spot Bitcoin exchange-traded funds (ETFs). A multi-asset crypto ETP gives traditional investors an easier way to gain…

Coinbase CEO Says Clarity Act Is A Freight Train Leaving The Station

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Coinbase CEO Brian Armstrong says that critical legislation to advance crypto in the US has “a good chance of getting done” after witnessing strong bipartisan support for the crypto market structure bill this week.  The Digital Asset Market Clarity Act seeks to clarify the roles of the Securities and Exchange Commission, the Commodity Futures Trading Commission and other financial agencies that regulate the crypto market, especially non-stablecoins such as tokenized stocks. After meeting with lawmakers over the last few days, Coinbase CEO Brian Armstrong said: “This is how we ensure…

Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO

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Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is “doomed” — even though Bitcoin mining itself will live on.   The “Bitcoin mining industry is going to be dead in two years” he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. “There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining.” Bit Digital started life as a peer-to-peer car rental service in China…

KindlyMD Drops 55% As CEO Warns of Volatility

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Shares in the healthcare-turned-Bitcoin holdings company KindlyMD Inc. halved on Monday as its CEO warned of an upcoming increase in “share price volatility” and encouraged short-term traders to sell if they’re only looking to profit. “We expect share price volatility may increase for a period of time,” David Bailey said in a shareholder letter on Monday, citing the firm’s regulatory filing on Friday registering a $200 million discounted share sale to private investors. “For those shareholders who have come looking for a trade, I encourage you to exit.” KindlyMD’s deal,…

Bo Hines To Become CEO Of Tether’s Latest Dollar-Backed Stablecoin

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Tether announced a new dollar-backed stablecoin and said former White House crypto adviser Bo Hines will become CEO of Tether USAT. The new stablecoin will be consistent with the reserve requirements and compliance standards of the recently passed GENIUS stablecoin bill, and will use Tether’s Hadron real-world asset tokenization platform, according to a Friday announcement. Stablecoins recently crossed the $270 billion milestone, according to RWA.XYZ. Tether CEO Paolo Ardoino said: “Tether is already one of the largest holders of US Treasuries because we believe deeply in the enduring power of the…

VanEck CEO Backs HYPE as Hyperliquid Hits New ATH

Key Notes HYPE reaches a new ATH of $55, with 24-hour trading volume surging 150%. VanEck confirms involvement in Hyperliquid’s ecosystem and signals future collaborations. Major players like Lion Group and whales are accumulating HYPE, showing growing trust. Hyperliquid’s native token, HYPE HYPE $54.51 24h volatility: 7.0% Market cap: $14.76 B Vol. 24h: $726.75 M , surged to a fresh all-time high of $55, marking a 10% jump in the past day. This price rally has driven its 24-hour trading volume up by 150%, suggesting growing investor confidence. This comes…