CEO Financial News

Arthur Hayes, a co-founder and former chief executive of cryptocurrency derivatives exchange BitMEX, has been sentenced to serve six months of house arrest for violating US law by failing to establish a compliant anti-money-laundering program.

“How do we make it rain at the beach?” asked the CEO of the gaming company, The Sandbox.

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BEIJING — Nio's biggest challenge right now is making sure that supply chains are stable, CEO William Li told CNBC.

Frank Niehage, CEO of flatexDegiro comments: "Cryptocurrencies add a key element to our already very broad product range. Together with the Robo-Advisory offering planned for summer 2022 via our partner Whitebox, flatexDegiro will offer its customers the most comprehensive product range of all European online brokers.

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Cryptocurrency exchange FTX US is now offering equities to its U.S. customers. It announced on May 19 that its select customers can now trade stocks and ETFs.With this move, FTX US has become the first crypto exchange to enter the equity market.

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The challenges ahead for Terra’s co-founders are notably more than just reviving the protocol after UST and LUNA coins collapsed last week.

Stock photo issuer Getty Images is diving into the world of non-fungible tokens (NFTs) through a marketplace-like platform that will float in partnership with Candy Digital, a digital collectable company.

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Horizon will also seek to better serve clients through new trading services, such as DMA and DSA order routing, enhancing its capabilities to handle high-volume order flows from clients to the market. The firm also intends to grow its current hubs in Europe, the Middle East and Asia and expand into new geographies.

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Wells Fargo & Co. CEO Charlie Scharf said Tuesday there was “no question” that the U.S. is headed for an economic downturn.

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A one-of-a-kind incident in the crypto market was the Terra [LUNA] debacle of last week. With spiraling investors and the start of a never-ending blame game, clouds of uncertainty haunt the market even today.

Steve Ashley, chair of the new company and head of Nomura's wholesale division, says: “This is a major step forward as we look to scale-up our digital asset related businesses and investments. The new company will enable us to build an edge in providing institutional clients with access to a wide range of new products and services and contribute meaningfully towards responsible innovation in the digital asset ecosystem.”Operating as a wholly owned segregated entity of NHI, the unit will have its own dedicated capital and will be staffed by digital asset specialists from Nomura and external hires.“Establishing this new company is a critical foundation for us and key to building an end-to-end digital asset offering,” says Jez Mohideen, the unit’s newly appointed CEO.

Elon Musk says he won’t go ahead with the $44bn deal to buy Twitter until he sees proof that the social media platform has less than 5% in bot accounts.

As the Terra blockchain collapsed, it decided to eliminate a lot of apps, including Anchor, which was the largest DeFi protocol on the chain at a given point. However, the protocol is worth nothing at the moment.

The crypto market is slowly adjusting to a new normal after the de-pegging of TerraUSD [UST] sent ripples through the Terra ecosystem and the sector at large.

The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight annual record as strong profits and robust markets boosted performance measures.