CEO Financial News

Controversial crypto influencer Ben Armstrong, alias BitBoy, has announced the launch of a new cryptocurrency token $BEN.

PacWest Bankcorp led a relief rally in regional banks again on Monday, after the struggling lender slashed dividend to build capital amid the banking crisis.

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Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn't lose money in the firm's collapse.

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The cloud computing arm of Alibaba Group, Alibaba Cloud, and a smart contract layer-1 blockchain platform, Avalanche, announced a collaboration to deploy metaverse on the blockchain. 

As more people get drawn into the profit potential of crypto, skeptics increasingly point out to the fraud and failure happening in the space. The various hacks, ransomware attempts on the Colonial Pipeline, and the high-profile failures of Terra/Luna, Three Arrows Capital, Celsius and most of all FTX/Alameda have done nothing to improve crypto’s tarnished image. 

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Impact investor Conduit Capital has tapped a former director of climate research at Citigroup to help drive its expansion plans.

Deepfake Generator, a New Service Offered by Tencent Cloud, Gives Users the Ability to Generate Fake Videos of Other People

A Coinbase shareholder has filed a lawsuit against the crypto exchange’s nine executives and board members. 

Coinbase (COIN), the largest U.S.-based crypto exchange, likely will say losses narrowed in the first quarter of 2023 as aggressive cost cuts offset tumbling revenue.

After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of higher interest rates will expose further frailties in the banking sector, potentially compromising the capacity of central banks to rein in inflation.

In this Bitcoin price prediction, we explore the impact of MicroStrategy's recent announcement of profits related to its Bitcoin holdings on its value. We also ponder whether the company's CEO, Michael Saylor, will consider purchasing more Bitcoin in light of these positive financial results. 

Coinbase International Exchange will enable institutional users based in eligible jurisdictions outside of the US to trade perpetual futures, which accounted for nearly 75% of global crypto trading volume in 2022.The move comes as Coinbase locks horns with American regulators. Last month CEO Brian Armstrong said that "anything is on the table" about a potential decision to move the company's headquarters out of the US.Recently, the company also filed a suit against the Securities and Exchange Commission, asking a court to make the regulator respond to a petition from last year on the "rules to govern the regulation" of digital assets.Says a blog on the launch of the new exchange: "Rest assured that Coinbase is committed to the US, but countries around the world are increasingly moving forward with responsible crypto-forward regulatory frameworks to strategically position themselves as crypto hubs.

Bitcoin has been on a bullish run since the start of 2023 as the New Year bounce back fueled a price surge from just over $16,600 to above $30,000 in April.

As Dogecoin (DOGE) faces a critical turning point, it seems that the market's interest is shifting to a new meme coin sensation, Love Hate Inu (LHINU).

The founder of Tron and well-known billionaire, Justin Sun, has issued a public apology to Changpeng Zhao, the CEO of Binance, following a recent incident involving a $56.1 million TrueUSD deposit. 

America's largest crypto exchange claims the Securities and Exchange Commission (SEC) is pressuring it to overhaul its entire customer-facing operation.

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