CEO Financial News

13.02 / 19:44

UPS BTC Twitter CEO Bitcoin Blockstream CEO believes Bitcoin could reach $10m by 20….

Blockstream CEO Adam Back recently took to Twitter to share his thesis on the trajectory of Bitcoin over the next ten years. Back, who also happens to be a core developer for Bitcoin, believes that the flagship cryptocurrency could be worth $10 million by 2032, right around the time when it undergoes its sixth halving event.

13.02 / 19:38

Blockchain UPS Provident Binance SEC CEO Kraken settlement Kraken To Pay $30 Million, Shut Down US Staking Business In SEC Settlement

Cryptocurrency exchange Kraken has agreed to pay $30 million in penalties and shut down its staking business in a settlement with the U.S. Securities and Exchange Commission Thursday.

13.02 / 19:36

Kucoin Binance CEO CoinMarketCap Assurant Mazars Auditor Mazars Pauses All Work For Binance, Other Crypto Clients

Mazars Group, an accounting firm, stopped vouching for assets that crypto firms hold in reserve, less than two weeks after saying that Binance was over-collateralized in a report that's no longer on the company's website.

13.02 / 19:33

FIVE CEO Strategy Bitcoin Hut 8 Mining Company to Merge with US Bitcoin

Hut 8 Mining, a Canadian company that mines cryptocurrencies, has announced publicly their desire to merge with US Bitcoin to become Hut 8 Corp., often referred to as «New Hut.» Hut 8 Mining is also known as «New Hut.»

13.02 / 19:26

UPS Digital CEO Assurant Fallout Gemini Gemini's Winklevoss Claims Fraud, Calls for Removal of DCG Chief

Cameron Winklevoss, the co-founder of crypto exchange Gemini, launched an attack on Genesis, a crypto lender, saying the lender defrauded his company and more than 340,000 clients.

13.02 / 19:25

COST Binance Digital CEO Gemini Coindesk Crypto lender Genesis Crypto Lender Genesis Slashes 30% of Staff, Considers Bankruptcy

Cryptocurrency lender Genesis Global Trading Inc. laid off 30% of its workforce in a second round of layoffs in six months, and is considering bankruptcy as the FTX contagion continues to spread.

13.02 / 19:24

Twitter Waters CEO FTX Founder Dodges Subpoena, Agrees to Testify in Congress

Sam Bankman-Fried, the founder and former CEO of FTX, will testify Dec. 13 at a congressional hearing related to the collapse of the crypto exchange.

13.02 / 19:22

Binance CEO coinbase Coindesk Fine Coinbase to Pay $50 Million Fine to New York Regulators

Coinbase Global Inc., a U.S. cryptocurrency exchange, settled with New York state regulators for $100 million after an investigation into the exchange's compliance with requirements to prevent money laundering.

13.02 / 19:20

Target MET Binance Reuters CEO Binance CEO Facing Possible Money Laundering Charges

U.S. prosecutors may charge Binance, the largest cryptocurrency exchange, and its top executives with money laundering and sanctions violations, the latest twist in a probe that began in 2018 and gained traction during the FTX collapse that shocked the industry.

13.02 / 19:17

Provident FIVE PayPal CEO Expedia Motorola Stocks making the biggest moves after hours: Lyft, Expedia, Yelp, PayPal and more

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13.02 / 19:10

UPS CEO coinbase Fallout Huobi Bitcoin Coinbase Slashes Another 20% of Its Workforce, Shares Up

Shares of cryptocurrency exchange Coinbase (NASDAQ: COIN) gained after the company revealed it would cut 950 jobs, about 20% of its workforce, in its third round of layoffs in six months.

13.02 / 19:10

Digital CEO Solomonic MSCI Bitcoin Goldman Sachs To Spend Tens of Millions of Dollars On Crypto Firms

Following the collapse of the FTX, Goldman Sachs (GS) is planning to invest in crypto companies for tens of millions of dollars.

13.02 / 19:06

Lowe's Digital Career CEO Platform Gemini Crypto Lending Platforms Hit Hard as Contagion Spreads

The crypto lending industry, which handed borrowers billions of dollars in just the past few years, faces its biggest crisis yet as some of its leading firms implode.

13.02 / 19:06

UPS CEO Platform Fallout Gemini BlockFi Declares Bankruptcy As FTX Fallout Spreads

Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection on Monday along with eight affiliates as contagion from the collapse of cryptocurrency exchange FTX spreads across the industry.

13.02 / 19:06

UPS Target Cooper Aware CEO Platform Fried Sam NOT FTX Founder Sam Bankman-Fried Pleads Not Guilty, Trial in October

Disgraced former FTX CEO Sam Bankman-Fried pleaded not guilty to criminal charges of fraud, conspiracy, campaign finance law violations, and money laundering in a New York federal court, setting up a legal battle with his former business partners.

13.02 / 19:03

COST Target Progressive CEO CHF Credit Suisse posts massive annual loss, CEO describes results as 'completely unacceptable'

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul.

13.02 / 19:01

COST Disney CEO Mobile Software Tapestry Stocks making the biggest moves midday: Sonos, Salesforce, Disney, Credit Suisse and more

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13.02 / 18:58

Binance CEO Software Southern Forbes FTX CEO Blasts Previous Leadership As Inexperienced And Unsophisticated

The collapse of FTX was caused by “a very small group of grossly inexperienced and unsophisticated individuals,” the crypto exchange's new CEO, John Ray III, said today during a House Financial Services Committee hearing. Ray appeared before Congress alone as the former CEO of now-bankrupt FTX, Sam Bankman-Fried, was arrested yesterday in the Bahamas.

13.02 / 18:53

Waves Binance CEO Binance.US To Acquire Voyager For $1 Billion

Binance's American entity Binance.US will acquire Voyager Digital’s assets in a $1.02 billion deal, months after the FTX-Voyager acquisition failed as a result of the FTX collapse.

13.02 / 18:45

Twitter BLOCK CEO Fallout By Returning $10M, Semafor Becomes the Latest Media Outlet Distancing Itself From SBF

Semafor has become the latest media outlet that will be returning a roughly $10 million fund given by disgraced CEO FTX Sam Bankman-Fried, or SBF.

13.02 / 18:45

Blockchain Provident Target FIVE CEO Nov Lawyers Lawyers and advisors in FTX bankruptcy have billed nearly $20 million for 51 days of work

FTX's top bankruptcy, legal and financial advisors have billed the company more than $19.6 million in fees for work done in 2022, according to Tuesday bankruptcy court filings. More than $10 million of that was for work done in November 2022 as Sam Bankman-Fried's crypto empire entered bankruptcy protection in Delaware.

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