Nigeria vs. Binance: CEO Demands U.S. Intervention for Employee’s Health Crisis

The post Nigeria vs. Binance: CEO Demands U.S. Intervention for Employee’s Health Crisis appeared first on Coinpedia Fintech News The ongoing lawsuits by Nigeria against Binance the biggest cryptocurrency exchange for money laundering and tax evasion seem intensifying. On August 27, 2024, Binance CEO Richard Teng, requested the United States to intervene as the health of Tigran Gambaryan a Binance employee and former federal agent, who has deteriorated while in custody. Binance Employee’s Condition Critical  Additionally, the CEO called for…

Why was Telegram CEO Arrested? What Next For Toncoin Price?

The post Why was Telegram CEO Arrested? What Next For Toncoin Price? appeared first on Coinpedia Fintech News Telegram CEO Pavel Durov’s shocking arrest in France has sent shockwaves through the tech world and beyond. According to a CNBC report, he is accused of facilitating criminal activities through his popular messaging platform. Durov’s detention has sparked a heated debate about government overreach and the future of free speech online. Another legacy fallout —will it trouble crypto? Let’s find out.  Tech Titans…

Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17%

The post Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17% appeared first on Coinpedia Fintech News Pavel Durov, the billionaire founder and CEO of Telegram, was arrested on Saturday at Le Bourget Airport near Paris, according to local media reports. Durov, who was arriving from Tehran on his private jet, was detained by local authorities. The investigation against him focuses on the lack of moderators on Telegram, with law enforcement concerned that this has allowed criminal…

The U.S. Debt Crisis and Bitcoin Reserves: Comments and Outlook from Bitharvest CEO Logan

The post The U.S. Debt Crisis and Bitcoin Reserves: Comments and Outlook from Bitharvest CEO Logan appeared first on Coinpedia Fintech News As we progress through 2024, the U.S. debt issue has become increasingly severe. Recent data shows that the total U.S. debt has reached a historical high, with many economists predicting that the country may face the risk of bankruptcy in the coming years. Against this backdrop, Bitcoin reserves are seen as a potential lifeline that could help the…

Is Binance Former CEO Changpeng Zhao (CZ) Out Of Jail?

The post Is Binance Former CEO Changpeng Zhao (CZ) Out Of Jail? appeared first on Coinpedia Fintech News Former Binance CEO Changpeng Zhao (CZ) has been moved from prison to the RRM Long Beach halfway house in California. However, X users and numerous crypto firms have mistakenly interpreted this news as an early release for Zhao.  Zhao To Be Released In September CZ was initially being held at FCI Lompoc II prison, also in California. Zhao, who began serving his sentence in…

Former Binance CEO Moves To Halfway House In California

The post Former Binance CEO Moves To Halfway House In California appeared first on Coinpedia Fintech News In the latest development, Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a halfway house at the Residential Reentry Management office in Long Beach, California. While there were false rumors and speculation that Zhao has been officially released from all custody, recent federal inmate trackers have been updated to show that Zhao is in a halfway house. Zhao,…

Bitcoin Floor: CEO Predicts $38,000 Will Be The Lowest BTC Goes

Bitcoin (BTC) has been gathering some momentum in the crypto sphere lately, crossing the $60,000 mark against multiple analysts’ signals. The world’s leading cryptocurrency has been on a wild ride, with its price fluctuations going haywire during the past few weeks. Bullish Factors Driving Bitcoin Price One major driver behind the recent price surge in Bitcoin is the understanding that a spot Bitcoin ETF is likely to be approved by the SEC. With immense anticipation of such a decision from…

Bitcoin On Brink Of Massive Breakout Like Gold In 2008: Hedge Fund CEO

In the latest edition of the Capriole Investments newsletter dated August 20, 2024, Charles Edwards, founder and CEO, draws striking parallels between the current market behavior of Bitcoin and the historical performance of Gold, particularly during its 2008 rally. Bitcoin Mirrors 2008 Gold Rush Edwards points out that Bitcoin has been consolidating around $60K, echoing the pattern Gold followed before its significant rally. “Bitcoin is under pressure, mirroring the longest period of consolidation at any ATH in its history,” Edwards…

CoinShares CEO: ‘If You’re Not Profitable with Bitcoin at $60,000, When Will You Be?’

The post CoinShares CEO: ‘If You’re Not Profitable with Bitcoin at $60,000, When Will You Be?’ appeared first on Coinpedia Fintech News Jean-Marie Mognetti, CEO of CoinShares, shared some thoughts on the state of the crypto industry, especially concerning Bitcoin. In an interview with Thinking Crypto, he pointed out that many crypto asset management companies have been funded heavily by venture capital, with a lot of cash being burned without much focus on profitability. He said that if a company…

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