CEO Financial News

Republican presidential hopeful Vivek Ramaswamy built his White House bid around urging companies to stay out of politics.

House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to threaten a hearing if they don’t hear back soon.

A Singapore court has granted the restraining order request by Three Arrows Capital (3AC) co-founder Su Zhu against BitMEX co-founder Arthur Hayes. 

When Man Group president Robyn Grew takes over from Luke Ellis on 1 September 2023, she will become the first female chief executive in the firm's history.

FTSE 100 asset manager Abrdn has ditched its co-chief executive structure in a raft of senior management changes across its investments business.

The bankrupt Canadian crypto exchange QuadrigaCX is set to commence an “interim distribution” of funds to creditors, despite only a fraction of the missing funds being recovered.

Green Recycle-to-earn (R2E) crypto project Ecoterra’s presale is on fire, with sales of $ECOTERRA nearing $3.5 million as investors rush to get in ahead of a 10% price rise.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Epic Games CEO Tim Sweeney is just as optimistic about the Metaverse as ever, after poking fun at a recent suggestion that online virtual worlds are “dead.”

Revolut's global account will offer locals foreign exchange and remittance capabilities in 27 currencies, in addition to having a card that is accepted in more than 150 countries. Nik Storonsky, co-founder and CEO, says: “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently.

Check out the companies making headlines after the bell: 

Bittrex filed for Chapter 11 bankruptcy protection, a month after saying it would shutter its U.S. operations, becoming the latest victim of crypto winter.

Despite this, last month the SEC charged the firm, and co-founder and former CEO William Shihara, for operating an unregistered securities exchange, broker, and clearing agency.Now the company has filed Chapter 11 bankruptcy in federal court in Delaware, saying it believes it has more than 100,000 creditors, with estimated liabilities and assets both within the $500 million to $1 billion range."For those customers who did not withdraw their funds from the platform prior to the end of April, your funds remain safe and secure, and our main priority is to ensure that our customers are made whole," says a statement.The move does not affect Bittrex Global, which will continue to operate as normal serving customers outside of the US.The firm joins FTX, Celsius, Voyager and BlockFi among the crypto outfits to file for bankruptcy over the last year.

Sam Bankman Fried, the founder of collapsed cryptocurrency exchange FTX, urged a U.S. district court in Manhattan to dismiss charges against him, alleging his former company painted him as «the villain.»

In a major update, leading peer-to-peer cryptocurrency exchange Paxful announced the resumption of its marketplace operations. 

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UBS has tapped Credit Suisse chief executive Ulrich Körner for its board as it merges with cross-town rival Credit Suisse, but has largely stuck with its own leadership team for the combined entity.

UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken bank completes.

Major US-based crypto exchange Coinbase has praised the United Arab Emirates (UAE), saying the region has the potential to become a “strategic hub” for the company.