The CEO of LendingClub said his company is hesitant about embracing cryptocurrency, focusing instead on a bank acquisition and more traditional financial products. “Look, the customer demand is there, but my view — our view — is if you’ve got $15,000 in credit-card debt, the thing you should do with your next $500 is not … Read more
The major e-commerce platforms have still not taken the leap of cryptocurrencies. Almost none accept digital currencies as a means of payment. But it’s safe to say the first to do so would become the topic of conversation in the crypto space. EBay (EBAY) – Get eBay Inc. Report which aims to be the marketplace for Gen-Z and … Read more
India’s crypto exchanges have been seeing investor interest rise after the government unveiled plans to impose a 30 per cent tax on the transfer of digital assets in its annual budget.In a wide-ranging interview, Vikram Subburaj, the co-founder and chief executive officer of Giottus Cryptocurrency Exchange, told DH’s Veena Mani what he thought about the … Read more
Uber, the US-based ride hailing major, will be integrating crypto payments option on its app “at some point.” CEO Dara Khosrowshahi spilled beans on the future plans of the company during a recent interview. The cab-booking platform claims to be used across 890 cities in over 70 countries. As of now, it has not set … Read more
A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterISTANBUL, Jan 31 (Reuters) – Turkish blockchain technology company Bitci aims to open a cryptocurrency trading platform in Brazil in Februaryin an international expansion where Spain is next in line, Chief Executive Onur Altan Tan said … Read more
Crypto.com CEO Kris Marszalek responded to complaints from thousands of users about issues logging back into their accounts after the company was forced to change security settings following a hack last week. On Monday, the company admitted that 483 users were affected by unauthorized cryptocurrency withdrawals on their accounts, costing a total of “4,836.26 ETH, 443.93 … Read more
The CEO of cryptocurrency exchange Crypto.com, Kris Marszalek, has finally confirmed that hundreds of user accounts were indeed compromised by hackers and had funds stolen as a result, though details of the exact method of breach remain unclear. Marszalek acknowledged the hack in an online interview with Bloomberg Wednesday, stating that around 400 customer accounts … Read more
While trading in cryptocurrency rose to unprecedented levels last year, investors hope the new year would also be rewarding. Multiple platforms are trying to tap the emerging market with a host of services to their customers. These include an option to pay in crypto coins for goods and services people avail. Airbnb, the popular accommodation-booking … Read more
Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022.Chesky has today revealed that the majority of respondents want to be able to pay with Bitcoin (BTC) or other popular digital currencies when renting their next house or apartment on Airbnb. Other requests … Read more
Coinbase Chief Executive Officer Brian Armstrong is the buyer of a $133 million Los Angeles estate, according to people familiar with the deal. The transaction, which closed in December, is one of the priciest single-family home sales ever completed in the L.A. area. The seller was a limited liability company tied to Japanese entrepreneur Hideki … Read more
The cryptocurrency industry experienced a record year in 2021, not just in terms of new investors and rising mainstream acceptance, but also the introduction of an array of new investment products. This includes the much-awaited launch of the U.S’ first Bitcoin ETF, which followed years of rallying and provocation by digital asset enthusiasts. Even as … Read more
Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking. Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings A recent tweet stemming from the CEO of Crypto.com’s Kris Marszalek … Read more
In recent years, Micheal Saylor, the CEO of US-based business intelligence firm MicroStrategy has established his reputation as a Bitcoin bull, without really revealing details of his own holdings. The 56-year-old businessman reportedly owns at least 17,732 Bitcoin tokens, presently amounting to around $860 million (roughly Rs. 6,468 crore). This information recently surfaced in a … Read more
(Bloomberg) — Eqonex Ltd., a digital-asset financial-services firm whose stock has plunged almost 90% this year, is weighing strategic options and has replaced its chief executive officer.CEO Richard Byworth has resigned and is being replaced by Chief Operating Officer Andrew Eldon on an interim basis, Eqonex said in a statement Monday. Eldon, who joined the … Read more
Bitcoin and cryptocurrency prices have fallen sharply this week, with the combined value of the crypto market losing almost $1 trillion since its peak in November. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains’ The bitcoin price has fallen to lows of just … Read more
The chief executive of Tether ran a company that faced a string of lawsuits in China over unpaid bills and fines for late tax payments before he helped launch the contentious stablecoin now at the heart of the crypto industry.As crypto has moved from finance’s fringes to its mainstream, investors have increasingly relied on stablecoins, … Read more
Losses from crypto-related investments should not be eligible for compensation schemes given that the sector can help spread serious crime, Britain’s Financial Conduct Authority said on Wednesday.FCA’s chief executive, Nikhil Rathi, said there was a need to “draw some pretty clear lines” around the Financial Services Compensation Scheme when it comes to individual investors in … Read more
Moderna CEO comments on Omicron jolt marketsHong Kong bans non-resident arrivals from more countriesSingapore: 2 travellers to Sydney with Omicron transited ChangiBiden says variant is ’cause for concern, not a cause for panic’HONG KONG/SYDNEY, Nov 30 (Reuters) – Drugmaker Moderna’s CEO (MRNA.O) set off fresh alarm bells in financial markets on Tuesday after he warned … Read more
JPMorgan Chase & Co. CEO Jamie Dimon said he remains a skeptic on cryptocurrencies, just a few weeks after he described bitcoin as worthless. “Cryptocurrency has no intrinsic value,” Dimon said in an in interview Wednesday with CBS Boston, as reported by Bitcoin.com. “You are basically buying a token.” “.. there’s so much speculation taking … Read more
Doctor Immanuel Hardtmann holds a syringe with the vaccine Moderna in a temporary vaccination center inside the Excursion boat Alexander von Humboldt on the first day of the #HierWirdGeimpft (Get Vaccinated Here) Covid-19 vaccination campaign on September 13, 2021 in Berlin, Germany.Carsten Koall | Getty Images News | Getty ImagesModerna CEO Stephane Bancel on Monday … Read more
Cryptocurrency exchange Binance has fully opened withdrawals of Dogecoin after a technical glitch that spurred a heated back-and-forth between Elon Musk and the cryptocurrency exchange’s Chief Executive Officer (CEO). Traders were unable to withdraw Dogecoin for more than two weeks because of problems related to a network upgrade. The world’s biggest crypto exchange said that … Read more
Ryanair planes at Dublin Airport after the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland, May 1, 2020. REUTERS/Jason CairnduffRegister now for FREE unlimited access to reuters.comRegisterDUBLIN, Nov 23 (Reuters) – European airlines are in for a fraught period between now and the end of the year due to renewed COVID-19 concerns that will disrupt … Read more
A decision not to use AstraZeneca’s Covid-19 vaccine for elderly people in some European countries could help explain why the virus is currently triggering such high levels of infections in mainland Europe, the company’s chief executive has said.Pascal Soriot told BBC Radio 4’s Today programme that heightened T-cell immunity could be giving those who received … Read more
Days after opening up online payments in cryptocurrency for movie-goers, US-based global theatre chain AMC Theatres is set to have the meme-inspired cryptocurrency and Dogecoin-rival Shiba Inu (SHIB) onboard too. AMC Theatre CEO Adam Aron confirmed the company will begin accepting SHIB for online payment within the next two to four months. Announcing the decision … Read more
Back when most commerce took place on the local high street, shoppers who exchanged personally identifiable information with merchants received something in return. Shops kept track of customers’ hat, shoe and dress sizes, along with their birthdays, anniversaries and personal preferences. In return, buyers got a first look at new products and service that anticipated … Read more
Checkout.com CEO says crypto ‘stablecoins’ could one day run the world | Fortune Source link
Exchange-traded fund investors are getting even more interested in cryptocurrency exposure — and the advent of things like bitcoin futures ETFs could lead to a demand explosion, one CEO says.”The stars are aligning right now for demand for crypto allocation in the advisor community when you look at 30 years of declining interest rates and … Read more
Mastercard bought the crypto analytics firm CipherTrace in September, a purchase the payments giant’s chief executive framed as a “massive services opportunity” during a third-quarter earnings call Thursday. Asked about Mastercard’s strategy around crypto and digital assets, CEO Michael Miebach highlighted several areas, including preparations for central bank digital currencies as well as the purchase … Read more
Victorian Premier Dan Andrews has urged the chief executive of a regional council to get vaccinated against COVID-19 after reports emerged this week that he doesn’t intend to get the jab. Key points: A local paper reports CEO John McLinden is working from home because of his “strong” views on vaccinationsSwan Hill Council’s mayor has declined to comment on the chief executive’s … Read more
The waitlist for Robinhood’s recently announced crypto wallet now has more than one million customers, the company’s CEO said Thursday, demonstrating cryptocurrencies’ increasing importance to the trading app.”We’re very proud of our cryptocurrency platform and giving people more utility with the coins they have,” Robinhood CEO Vlad Tenev said during CNBC’s Disruptor 50 summit on … Read more
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate … Read more
Cryptocurrencies are waiting to explode in India and Ashish Singhal, Co-founder and CEO of leading crypto exchange CoinSwitch Kuber, aims to onboard at least 50 million users from India in the next two years, educating them around crypto investments and helping them create wealth. With more than 15 million users in India, CoinSwitch Kuber has … Read more
Nasdaq’s CEO on crypto, valuations, and the ‘true digital transformation’ shaping the markets | Fortune Source link
Southwest Airlines CEO Gary Kelly told CNBC on Tuesday he believes businesses should not impose Covid vaccine mandates on their employees, but he said his company is doing so to comply with federal rules put in place by the Biden administration.”I’ve never been in favor of corporations imposing that kind of a mandate. I’m not … Read more
So Tobler can’t afford to alienate any more health care workers, but he believes a Covid-19 vaccine mandate could do just that. Such a requirement won’t make his unvaccinated staff get the shot, he says. It will make them quit.”Our reality is we need staff to work. And in return for your working, we’re not … Read more