CEO Financial News

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

The finance industry is not quick enough at getting women into management positions, according to Santander's Executive Chair Ana Botin. 

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

Warren Buffett's Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.

In the high-octane world of the ultra-wealthy, decision-makers preferred a male hedge fund manager sporting a Rolex and wearing a Ferragamo tie.

Last week, three U.S lawmakers raised concerns that Binance, the world’s largest crypto-exchange, has reportedly facilitated theft, money laundering and terrorist financing. In response, Binance deflected but did not directly refute the lawmakers’ concerns.

Brian Armstrong, CEO of Coinbase, has suggested that the company’s upcoming layer-2 blockchain network Base may be launched with transaction monitoring and anti-money laundering controls.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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The former CEO of cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), is facing new bail conditions proposed by the United States Department of Justice. The proposal was submitted to District Judge Lewis Kaplan of the Southern District of New York, and includes a prohibition on using smartphones, tablets, computers, or any video game platforms or devices that allow chat and voice communication. Instead, Bankman-Fried's communication would be restricted to a «flip phone or other non-smartphone with either no internet capabilities or internet capabilities disabled.»

Bybit, a Dubai-based cryptocurrency exchange, has announced that it is temporarily suspending United States dollar (USD) deposits via bank transfers in response to «service outages from a partner.» According to a blog post from March 4, USD deposits via wire transfer are no longer available, but users can still make USD deposits through the Advcash Wallet or with a credit card. Withdrawals through the Advcash Wallet are scheduled to be available soon, according to the exchange.

According to one of the United States’ most prominent banking officials, cryptocurrency companies that operate many organizations in various nations should be under the control of a single, consolidated “home” regulator. This, to prevent them from engaging in “games” meant to circumvent laws.

In a last ditch move to 'maximise recoveries' Alameda Research has filed a lawsuit against Grayscale Investments.

The price of Floki has risen to $0.00004534 today, marking a 24-hour period in which it rose by as much as 15%. 

The FTX saga continues to hit the crypto headlines. In its latest, the FTX Debtors have announced a lawsuit against Grayscale Investments, a popular crypto asset management firm. The lawsuit also extends to its CEO – Michael Sonnenshein, its parent company – Digital Currency Group (DCG), and its founder – Barry Silbert. Moreover, the lawsuit is filed by FTX debtor affiliate – Alameda Research – the infamous FTX investment arm.

The roll out begins with the release of virtual cards for online shopping, with a physical plastic card planned for launch in April.“Bybit users will be able to access and manage their funds faster, more securely, and more conveniently,” says Ben Zhou, co-founder and CEO of Bybit.

Institutional investors may be more open to crypto assets other than Bitcoin (BTC) and Ethereum (ETH), says David Duong, Head of Institutional Research, at Coinbase.

[content][quote]Big Story[/quote][title]Web3 Platform Few and Far Raises $10.5 Million in Funding Round[/title][body]British Virgin Islands-based digital Collectibles web3 platform Few and Far on Friday announced that it has raised $10.5 million in a funding round led by Pantera Capital, a blockchain investment firm. The funding round also included other prominent investors such as Cypher Capital, Huobi Ventures, Hypersphere, Metaweb, Mantis Partners, and K5 Global. According to the company, the new funds will be used to expand the platform's capabilities, enhance user experience, and increase the number of web3 developers. IP owners are also expected to benefit from the platform, which provides an all-inclusive suite of developer tools to carry out everything related to next-generation digital collectibles. Details here.[/body][/content]

Michael Sonnenshein, CEO of Grayscale Investments, stated in a recent interview that he «can't imagine» why the United States Securities and Exchange Commission (SEC) «wouldn't want» to protect Grayscale investors and return the true asset value to them. Sonnenshein made this statement in response to a question regarding why the SEC «wouldn't want» to protect Grayscale investors.

Binance – the world’s largest crypto exchange – sought to onboard Gary Gensler, the current Chairman of the U.S Securities and Exchanges Commission (SEC), in 2018 and 2019. The crypto exchange wanted Gensler to serve as an adviser but the proposal was turned down, according to a report by the Wall Street Journal. Nonetheless, the current SEC Chair shared some “license strategies” with Ella Zhang – former head of Binance Labs, and Harry Zhou – an employee at Binance.

Ripple [XRP] is back in the spotlight courtesy of its recent filing regarding its lawsuit filed by the SEC. The new filing focuses heavily on Fair Notice defense, which has been part of Ripple’s argument since the beginning. But what is new this time?