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Posts Tagged ‘CEO’

Stock Rebound is Trap, Go Bitcoin Instead: Galaxy Digital CEO

Billionaire Michael Novogratz said that the recent rebound in stocks might lead to another decline soon. Instead, he is confident in Bitcoin and gold. Bitcoin Will Be Among Ideal Safe-Havens Novogratz, CEO of crypto merchant bank Galaxy Digital, told CNBC’s “Squawk on the Street” that investors shouldn’t be misled by the recent spike in stock…

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IBM Praises CEO For Playing a Significant Role in Blockchain Development

In a letter to the shareholders, IBM has acknowledged that one of the main achievements of the new CEO is the expansion of its blockchain business. The document notes that its technology portfolio is “built for the future”, with blockchain being one of the technologies underpinning this belief. It denotes IBM as: “…a leader in…

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Ripple Lawsuit Plaintiffs Put CEO in the Crosshairs

Plaintiffs have filed an amended complaint against Ripple Labs in their two-year long lawsuit against the blockchain-based company. The modified lawsuit puts new pressure on Ripple CEO, Brad Garlinghouse. BRAD GARLINGHOUSE ACCUSED OF FRAUD The new amendment emphasizes CEO Brad Garlinghouse’s role in misleading XRP investors. It states that the head of Ripple repeatedly told…

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Ripple CEO Voices Outrage Over Fake XRP Scams

When the co-founder of SPQR Media (and presumably Ripple supporter) alerted Brad Garlinghouse of a fake YouTube account using his name, the Ripple CEO lost his calm. He took to Twitter to call for greater action on scammers, saying “enough is enough” and warning “more to come.” Ripple CEO Tells YouTube to Crack Down on…

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Bitcoin Price Did Not Crash 60% Due to Coronavirus, Says Binance CEO

The coronavirus pandemic was just the spark that ignited the current global economic meltdown, not its cause, the CEO of Binance says. In a blog post on March 20, Changpeng Zhao, known as “CZ” in cryptocurrency circles, argued that coronavirus had shown that the world’s economy is far too weak. CZ: The economy “should be…

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ICE Pushes Back on Claim Ex-Bakkt CEO Dumped Stocks After Senate COVID Briefing

The new U.S. senator for Georgia, and former CEO of bitcoin derivatives exchange Bakkt, sold between $1.3 million and $3.2 million in stock following a private Senate briefing on COVID-19. Senator Kelly Loeffler (R-Ga.) and husband Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange (ICE), which owns the New York Stock Exchange as well…

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Jack Dorsey Stays as Twitter’s CEO, Good News For Bitcoin

Twitter has come to an agreement with activist investor Elliott Management, in which Jack Dorsey retains his position as CEO. This announcement represents a major victory for Bitcoin and the crypto community. Dorsey To Remain CEO Amid Board Room Shakeup Jesse Cohn, Elliott’s head of US activism, will immediately join Twitter’s board, along with Silver…

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BitPanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials

The crypto ecosystem tends to see regulations as “the big bad wolf.” In this narrative, government and regulators set rules that slow down innovation and damage growth for the crypto industry. That might have been the case a few years ago, but not anymore, according to BitPanda CEO Eric Demuth: “Depending on the regulation, it…

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Binance CEO Admonishes Justin Sun Over Steem Fiasco: ‘Transparency Works’

Binance CEO Changpeng ‘CZ’ Zhao is distancing himself from Tron founder Justin Sun over what has been described by some as a ‘hostile takeover’ of the Steem blockchain. Sun claimed that these reports were “misleading” and that “We wanted to protect the sanctity of private property & the interests of all from malicious hackers.” Allegations…

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Ethereum Co-Founder and Elon Musk Back Jack Dorsey as Twitter CEO

While Twitter CEO Jack Dorsey could potentially be ousted by investors, at least two major figures in the crypto industry have already voiced support for the exec. Vitalik Buterin, co-founder of major cryptocurrency project Ethereum, and Tesla CEO Elon Musk, who is known for his active endorsement to crypto, do not want Dorsey to step…

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