Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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CoinDCX CEO Issues Stark Warning Over WazirX’s Fake Compensation Mails
The post CoinDCX CEO Issues Stark Warning Over WazirX’s Fake Compensation Mails appeared first on Coinpedia Fintech News WazirX recently faced a $230 million exploit from one of its multisig wallets. Sumit Gupta, CEO of CoinDCX, has issued a stark warning to the crypto community about fake compensation emails appearing to be from WazirX. These fraudulent emails appear to come from official channels, while they are designed to deceive users into divulging sensitive information or clicking malicious links. The fake…
11 months ago
Ripple CEO Unveils Share Buyback Plan, Is IPO Coming Soon? Read On To Know More
The post Ripple CEO Unveils Share Buyback Plan, Is IPO Coming Soon? Read On To Know More appeared first on Coinpedia Fintech News Ripple, amidst an ongoing SEC lawsuit, has revealed plans sparking optimism. In the recent Fortune Brainstorm Tech 2024 discussion, the firm’s CEO, Brad Garlinghouse, revealed the firm’s share-buyback plan. Further, insights on the company’s IPO plan were also shared. Ripple’s Strategic Move The CEO revealed Ripple’s strategic move to repurchase $1.4 billion worth of shares from investors…
11 months ago
All-In-One Crypto App Venga Hires Web3 & DeFi Expert Michael Stroev As Its New CEO
Venga, the self-styled “all-in-one” crypto app that’s looking to help onboard more people into the wonderful world of Web3, has announced that former Nebeus Chief Operating Officer and Head of Product Michael Stroev has taken over as its new Chief Executive. In his new role at Venga, Stroev has been tasked with leading the company’s efforts to bridge the innovations of decentralized finance with the traditional financial industry, in order to accelerate the adoption of Web3. Venga believes it can…
11 months ago
Bybit CEO to Unveil Secrets to Crypto Dominance and Web3 Vision in Upcoming Keynote
Dubai, United Arab Emirates, July 17th, 2024, Chainwire Bybit, now the world's second-largest crypto exchange by trading volume, is excited to announce a live keynote address by Co-Founder and CEO Ben Zhou: “Leading the Charge in Web3,” scheduled for Jul. 18, 2024, at 8AM UTC. Zhou will broadcast his insights and Bybit’s latest advancements in a year marked by growth and innovation. During the keynote, Zhou will discuss Bybit’s recent milestones of reaching over 33 million users worldwide and achieving…
11 months ago
From Skeptic to Believer: BlackRock CEO Larry Fink Endorses Bitcoin
BlackRock CEO Larry Fink, once a Bitcoin skeptic, now champions the cryptocurrency as "digital gold" and a legitimate financial instrument, reflecting a broader acceptance within traditional finance. BlackRock CEO’s Initial Skepticism Larry Fink, the CEO of BlackRock, has undergone a remarkable transformation in his views on Bitcoin, as evident in his latest interview with CNBC. In 2017, during the crypto bull run, Fink was highly critical of Bitcoin, describing it as an "index for money laundering." This sentiment was common…
11 months ago
BlackRock CEO Larry Fink Explains Why Bitcoin is a Must-Have in Today’s Portfolios
BlackRock CEO Larry Fink has emerged as a vocal advocate for Bitcoin. On CNBC’s “Squawk on the Street,” Fink articulated why investors should consider Bitcoin a key portfolio component. Fink’s endorsement is noteworthy given BlackRock’s stature, managing over $10 trillion in assets. Why Larry Fink Believes in Bitcoin’s Potential During his CNBC appearance, Fink emphasized Bitcoin’s unique attributes. He highlighted its role in providing financial autonomy, particularly in unstable economies. “I’m a major believer that there is a role for…
11 months ago
BlackRock CEO Praises BTC As An Asset Class, Calls It A Legitimate Financial Instrument
The post BlackRock CEO Praises BTC As An Asset Class, Calls It A Legitimate Financial Instrument appeared first on Coinpedia Fintech News BlackRock CEO, Larry Fink has showered praises on Bitcoin as an asset class highlighting its positives. In a recent interview with CNBC, Larry Fink restated his belief in the crypto market leader. He stated that ‘it is a legitimate financial instrument, that allows you to have non-correlated type of returns, an instrument that you invest in when you’re…
11 months ago
Ripple CEO Slams SEC! Will XRP Skyrocket Post U.S. Elections?
The post Ripple CEO Slams SEC! Will XRP Skyrocket Post U.S. Elections? appeared first on Coinpedia Fintech News Ripple’s CEO, Brad Garlinghouse, recently took a strong stance at a crucial crypto roundtable. Ro Khanna the Democratic Congressman held a meeting that aimed to discuss the future of cryptocurrency regulations in the U.S. This meeting was organized on wednesday. This roundtable conference was attended by Mark Cuban, Paul Grewal from Coinbase and Dante Disparte from Circle. Along with these key political…
11 months ago
Bybit CEO Ben Zhou Highlights Crypto’s Role in Shaping Future Finance at Zurich’s Point Zero Forum 2024
Dubai, United Arab Emirates, July 10th, 2024, Chainwire Bybit, the world's second-largest crypto exchange by trading volume, continues to lead the digital asset revolution with CEO Ben Zhou's influential presence at the Point Zero Forum 2024 in Zurich, Switzerland. This prestigious annual event brings together visionaries in finance, policy, and technology to shape the future of global financial systems. During the session titled "Bridging Finance: How Digital Assets Enhance Financial Services and Vice Versa," Zhou emphasized the critical role of…
11 months ago