CEO Financial News

Bankrupt crypto firm Celsius Network will run out of cash by October, and is looking for financing, including a so-called debtor-in-possession loan, Joshua Sussberg, the firm's lawyer said at a court hearing on 16 August.

Authorities around the world are grappling with how to regulate the crypto sector.

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

BNB token is beginning to lose attention in the market after another lacklustre week.

Bed Bath & Beyond shares soared on Tuesday as retail traders active on social media piled into the stock, encouraged by news that GameStop chairman Ryan Cohen placed another bet on the struggling retailer.

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.

Do Kwon, the founder of Terra, has given his first interview since the spectacular crash of his crypto project in May left many to lose their life savings and lose their faith in so-called stablecoins.

Curve Finance [CRV], the on-chain liquidity exchange, was attacked in what was termed a “DNS cache poisoning” on 9 August. This exploit capitulated CRV as the price plunged from $1.48 on 8 August to $1.25 on the event day.

It is the first and only digital securities exchange that has won approval from the FCA with permissions covering trading, custody and brokerage and will launch later this year.Stephen Bird, CEO, abrdn, says: “Blockchain technologies are inevitably going to form a big part of the future of financial markets. There is the potential to offer greater transparency, greater speed and less trading friction by using these nascent digital technologies."Abrdn plans to use Archax as a route through which investors can access new investment opportunities through digital securities, connect to existing offerings in a new way through tokenisation and facilitate a shift towards greater operating efficiencies through the adoption of new technologies like blockchain.“With Archax, we will have a meaningful footprint in this fast-developing market - which is likely to evolve in a multitude of different ways that are relevant to our core businesses," says Bird.Despite the onset of a crypto winter, asset managers are looking to get in on the sector.

Hunter Lewis is CEO of Hunter Lewis and a co-founder and former CEO of Cambridge Associates. He is best known for advising major US universities on their investment strategies.

The Binance-WazirX fracas has put a fresh question mark over the Indian crypto ecosystem amid a bear market and an aggressive tax regime that is styming growth, said crypto exchanges, retail investors and startups.On August 5, Directorate of Enforcement (ED) conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd, which owns WazirX, and froze its bank accounts, blocking INR 64.67 crore.Later, in a series of tweets, Binance CEO

Management changes at Carlyle Group continued on 10 August, as the company said another high-ranking executive is leaving, just days after the sudden departure of its CEO. But shares still rose along with the broader market, after a key indicator showed a slowdown in inflation.

 

Abrdn is on the cusp of making its first foray into digital assets — a segment of the non-traditional finance market that is fast becoming an attractive target for the global fund management sector.

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.

Everyrealm CEO Janine Yorio has dispelled misconceptions that the Metaverse can only be presented “exclusively in VR.” 

For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a trail of unhappy friends, colleagues and investors.

Carlyle chief executive Kewsong Lee is leaving the private-equity firm, as it struggles to expand and its shares lag.