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Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May


The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF....

Polygon CEO’s statement on Ethereum #1 issue


Polygon CEO Marc Boiron has released another Ethereum statement, claiming that competition between Layer 2 chains poses a serious danger to Ethereum. Marc Boiron, known for his outspokenness, points out that competition among Layer 2 solutions is a significant challenge for Ethereum.  According...

Core Scientific CEO Discusses Bitcoin Halving’s Impact on Mining


Adam Sullivan, CEO of Core Scientific, shares his insights on implications of the upcoming Bitcoin halving, sheds light on the future of the mining industry and crypto market. The post Core Scientific CEO Discusses Bitcoin Halving’s Impact on Mining appeared first on Cryptonews

JPMorgan CEO Jamie Dimon Warns Against U.S. Inflation, Praises AI


JPMorgan CEO Jamie Dimon is warning fellow shareholders about increased U.S. inflation while praising the development of AI, his 2023 annual letter to shareholders reveals.  His comments come amidst greater conversations regarding the impact of current inflation rates as well as consequences of...

Ripple’s CEO foresees crypto boom to $5T by 2024’s end


Brad Garlinghouse, CEO of Ripple, a cryptocurrency startup company, has projected a $5 trillion market capitalization for cryptocurrencies, which might happen this year. The positive projection is supported by a number of significant events in the crypto industry, including macroeconomic reasons...

Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC


According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...

Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury


On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks....

Ex-Terraform Labs CEO Do Kwon’s Extradition Case Reset


In the latest Montenegro Supreme State Prosecutor’s Office’s announcement, the legal proceedings concerning the extradition of Terraform Labs’ former CEO, Do Kwon, will revert to the first trial court. On April 3, 2024, a confidential meeting and vote resulted in the annulment...

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