CEO Financial News
07.12 / 17:01
Blockchain
CEO
Platform
Huobi
L2Y Raises USD 3.7 Million to Build GameFi Infrastructure and Trading Platform
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
07.12 / 16:39
07.12 / 16:23
Extreme
CEO
Pool
Bitcoin
Bitcoin mining is lucrative, but ‘dangerous to be confined to one country’
With Bitcoin hovering around the $50,000 level at press time, extreme fear was palpable across the market. But, that’s not what the Bitcoin community is concerned about in the long run. In a recent interview, Whit Gibbs, Founder & CEO of Compass Mining, explained why BTC’s hashrate is an important factor to consider. He said,
07.12 / 12:33
ETH
CEO
Telegram
Platform
BitMart to Compensate by its Own Funding, Covering Loss of Security Breach for Victims amid Hacking
BitMart CEO, in a series of tweets on Monday, December 6, announced that the company will use their own funding to cover the security breach that saw hackers withdraw about $150 million of cryptocurrencies and compensate the victims whose money was stolen during the incident.
07.12 / 11:11
CEO
Assurant
Allianz
There will be ‘mild increase’ in term plan premiums: Bajaj Allianz Life MD Tarun Chugh
There will be a “mild increase” in premiums on term plans of Bajaj Allianz Life Insurance as the company is to an extent absorbing the increase of the rates by its reinsurers, MD and CEO Tarun Chugh said on Monday.
07.12 / 02:41
BTC
ETF
CEO
Bitcoin
Bitcoin futures ETF has under-performed spot prices since 2018, is it still viable?
A new type of exchange-traded fund sprang into the public markets with the arrival of ETFs tied to Bitcoin futures. These ETFs invest in contracts used to speculate on future BTC prices. They can be purchased and sold like a stock and don’t require buyers to hold an account at a cryptocurrency exchange or to have a crypto wallet. The SEC chairman, Gary Gensler struck a similar tone, igniting a rush in tailor-made ETF filings.
06.12 / 18:33
Ethereum
ETH
Binance
CEO
Lost
services
BitMart CEO confirms repayment of lost funds; to resume services from 7 December
The ongoing bloodshed in the crypto market has created a lot of panic amongst the users. To make things worse, theBitMart exchange suffered a $200 million hack which further aggravating anxiety amongst participants. It became victim to a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.
06.12 / 11:35
Blockchain
ETH
CEO
Platform
At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
BitMart suffered from a large-scale security breach. According to the cryptocurrency trading platform’s CEO, hackers were able to withdraw assets valued at up to approximately $150 million.
06.12 / 10:05
IPO
Digital
CEO
Platform
How P2P platforms enable income generation through higher return
By Rajat Gandhi, Founder & CEO, Faircent.com
06.12 / 00:33
Blockchain
Binance
CEO
regulatory
Despite regulatory woes, Binance aims to become registered crypto firm in the U.K
Binance, the world’s largest crypto exchange by trade volume has faced heat from regulators worldwide. Different regulators including U.K’s Financial Conduct Authority (FCA).
05.12 / 14:47
ETH
Target
Binance
CEO
Bitmart loses ~$200M following ‘large-scale security breach’
As the crypto-market lost momentum and people across the board panicked again, a group of hackers conflated users’ concerns by targeting Bitmart, a cryptocurrency exchange. Earlier on Sunday, Bitmart Founder and CEO Sheldon Xia confirmed the hack, noting,
05.12 / 05:17
Digital
Waters
CEO
Platform
committee
Financial
FTX releases regulation proposals’ list, as Financial Committee meeting draws near
The cryptocurrency industry in the U.S is reeling under intense regulatory scrutiny and uncertainty. Market participants have been waiting with bated breaths for financial authorities to release a regulatory framework. To that objective, Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework.
04.12 / 17:01
Digital
CEO
analysts
"Defining Moment For Cryto Startup Community In India": Analysts Remain Optimistic On India's Crypto Bill
The government aims to regulate cryptocurrency in India
04.12 / 04:17
Ethereum
SEC
CEO
Bitcoin
NOT
Celcius CEO not worried about Bitcoin, Ethereum being deemed securities
Despite regulatory uncertainty, it is no news that crypto interest has grown manifold this year. In a recent interview with Coin Stories, Celsius CEO Alex Mashinsky discussed Bitcoin and the regulatory attitude towards the sector. Mashinsky, who is a self-proclaimed Bitcoin maximalist, stated,
04.12 / 00:19
Citi
Digital
CEO
Ark Invest’s Cathie Wood calls metaverse a ‘big idea that will infiltrate every sector’
Ark Invest founder and CEO Cathie Wood opined in a recent interview with CNBC that the metaverse will be a “multitrillion-dollar opportunity.” In this context, she further stated,
03.12 / 17:01
UPS
CEO
Strategy
Indian
Are crypto ads next battleground for Indian regulators
After days of panic selling in India due to rumors of a crypto ban, WazirX CEO Nischal Shetty has been pushing investors to learn more about the crypto industry, while urging Indian regulators to look at crypto use cases apart from payments.
03.12 / 15:23
Digital
Citizens
Extreme
CEO
India to regulate crypto, avoids outright ban
The note reportedly states that cryptocurrency will not be recognised as legal currency, and describes the currency as “cryptoassets”. These assets will be regulated by India’s markets watchdog, the Securities and Exchange Board of India (SEBI), and citizens will be required to declare their assets and refrain from keeping them on exchanges outside the country.
02.12 / 23:34
Microsoft
CEO
Apple
NOT
Attention aplenty for Web 3.0, Metaverse though industry leaders not unanimous
Many industry voices believe that Web3 is set to change the face of the internet as we know it. And so, funds are constantly flowing into the space. Recently, South Korea-based Hashed raised $200 million to support Web3 investments.
02.12 / 22:49
COST
Citi
CEO
illness
How different is individual health insurance from family floater and critical illness plan?
A better way to avoid paying hospital bills from one’s own pocket is to make an insurance company pay for it. And, for that, you need to have a health insurance plan with enough coverage amount to meet the hospitalization expenses.
02.12 / 14:47
Citi
CEO
Lobby
City lobby group names Fidelity chief Richards as next chair
Financial services lobby group, TheCityUK, has named Fidelity International chief executive Dame Anne Richards as its next chair.
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