Kleiman Estate Calls on Former nChain CEO for Deposition in Craig Wright Case

After a court slammed Craig Wright for producing forged documents and giving perjured testimony in the ongoing legal circus between Wright and Ira Kleiman’s estate concerning the Tulip Trust, Kleiman’s legal team is hard at work finding a key witness.  Wright’s legal team are trying to subpoena former nChain CEO Jimmy Nguyen to provide a deposition. However, it seems like they are having a difficult time tracking him down. Wright’s legal team left a comment on Jimmy’s latest Twitter post on March 29, saying:  “Jimmy — we’ve been trying to…

Despite Coronavirus Woes, ByBit CEO Is Bullish on Bitcoin

By any measure, March has been a crazy month for most, not just bullish Bitcoin enthusiasts. Many of those who’ve managed to avoid being directly affected by the coronavirus have found themselves impacted by the economic fallout. The longstanding narrative that Bitcoin is an uncorrelated asset has also been quashed this month, after the flagship cryptocurrency crashed spectacularly along with the stock markets on March 12. Futures traders took a beating, with BitMEX alone having liquidated over $1 billion over a two day period around the crash according to Skew…

Cardano CEO Thinks Trump is Calling America’s Bluff With Easter Reopening

Pundits and public health experts alike are reeling at President Donald Trump’s pledge to get “the country opened up and rarin’ to go by Easter,” whatever the risks of coronavirus may be. With Easter less than three weeks away, the president has diverged from the advice of public health authorities worldwide, tweeting on March 24 that: “Our people want to return to work. They will practice Social Distancing and all else, and Seniors will be watched over protectively & lovingly. We can do two things together. THE CURE CANNOT BE…

As Trump Talks Trillions, Binance CEO Predicts $2T Bitcoin Market Cap

After United States President Donald Trump first mooted a $1 trillion stimulus package for the U.S. economy in the wake of the coronavirus outbreak, people were shocked at what seemed like a gargantuan amount. As Cointelegraph reported a few days later on March 25, a bipartisan deal has been agreed for twice that figure and it suddenly seems far more tangible. Binance CEO Changpeng Zhao even tweeted that the new financial dialogue meant a $2 trillion market cap for Bitcoin could be considered “modest”. Will a devaluing U.S. Dollar push…

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 stronger” Asked whether he felt conditions this year were different from the global financial crisis (GFC) of 2008, he summarized: “In 2008, there wasn’t a pandemic pausing global economy. But I believe the Coronavirus is…

Former Bakkt CEO Accused of Selling Millions After Coronavirus Briefing

On Jan. 24, 2020, the former CEO of the digital assets marketplace, Bakkt, met with health officials to discuss the spread of the Coronavirus.  Reports are now emerging that Kelly Loeffler subsequently sold between $1.2M and $3.1M in stocks. Former Bakkt CEO Under Fire  Loeffler left Bakkt to become the junior Senator for the state of Georgia. As part of her duties as a senator, she has been working with health officials regarding Coronavirus. After a private briefing with the United States Senate, the director of the Centers for Disease…

Block.One CEO Criticizes EOS Worker Proposal System

Brendan Blumer, the CEO and co-founder of Block.one — the company behind Eos (EOS), took to Twitter to express his concerns regarding the suggested ‘EOS Worker Proposal System’ (WPS) on March 15. Developers at EOS Nation and Attic labs revealed details about the WPS in a YouTube video on March 9. WPS developers seek support from Eos block producers Currently in testnet, the WPS allows EOS token holders to suggest or vote on funding proposals. After a 30-day voting period, funds will be distributed to winning proposals through smart contracts.…

Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO

The Celsius Network is the first major cryptocurrency lending platform that is profitable, according to its CEO and founder Alex Mashinsky. Cointelegraph interviewed Mashinsky to learn more about this achievement, how the latest market downturn has affected its business and his outlook on the industry. According to Mashinsky, the company was profitable in 2019 on a net income basis and in 2020 on a free cash flow basis. In March, Celsius Network is expected to post record revenues of over $2 million.  Mashinsky explains that his company’s balance sheets are…

Mt. Gox CEO Slams Plaintiff for Adjusting Fraud Allegations Mid-Case

Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox, accuses plaintiff Gregory Greene of altering the factual basis of his claims against Karplese mid-case, according to his March 16 response to Greene’s justification for continuing the case. Gregory Greene, the last remaining plaintiff in what was previously a class action against the Mt. Gox ex-executive, voluntarily dismissed two other claims against Karpeles recently — leaving Greene’s allegations of common law fraud as the sole claim against Karpeles in the case. Former Mt. Gox CEO attacks Greene for changing…

Inside BeQuant: 3 Days With a Crypto Exchange CEO

Have you ever wondered what it’s like to run a cryptocurrency exchange? Now’s your chance to find out! Take an inside look at the life of BeQuant CEO George Zarya in Cointelegraph’s latest documentary: 3 Days With a Crypto CEO. From pub beers in London to impromptu flights to Malta, from office puppies to World War II cryptography machines, the life of a crypto CEO is never dull. George Zarya is the CEO of cryptocurrency exchange BeQuant. Founded in May 2018, BeQuant Exchange averages over a billion dollars in monthly…