OpenAI announced the appointment of BlackRock executive Adebayo Ogunlesi to the board of directors. As a founding partner, chairperson and CEO of Global Infrastructure Partners (GIP), one of the infrastructure investment platforms, and a senior managing director at BlackRock, Ogunlesi has extensive leadership experience and expertise in corporate finance, infrastructure investment, and global market strategy. The appointment further complements the Board's depth in technology, AI security, cyber...
A number of tech executives are planning to attend Donald Trump's presidential inauguration this month, in a sign that the industry is looking to strengthen its relationship with the new administration. Sam Altman, CEO of OpenAI, Mark Zuckerberg, CEO of Meta, and Dara Khosrowshahi, CEO of Uber, have all confirmed their participation. Coinbase Global Inc. said CEO Brian Armstrong has been invited to inauguration-related events, including the presidential dinner. In addition to Altman...
Less than two weeks before Trump's inauguration, crypto executives are vying for access to Trump himself and seats on the planned cryptocurrency advisory council, which is expected to be formed soon after Trump takes office. According to people familiar with the matter, industry insiders intend to use the council, which is likely to consist of about two dozen CEOs and founders, to influence the new administration's digital asset policy. According to people familiar with the matter, most of the p...
After skyrocketing 150% this year, crypto investors and industry executives are predicting that bitcoin will continue to hit record highs in 2025.
On December 27, Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. Mao Ning said that the United States has recently announced that it will provide large-scale arms assistance and sell weapons to the Taiwan region of China. The US "National Defense Authorization Act for Fiscal Year 2025" includes a number of negative provisions related to China, which seriously violates the one-China principle and the three Sino-US joint communiques, seriously interferes in China's ...
According to the Washington Post, the sentences of two former cryptocurrency exchange FTX executives appear to have been shortened. According to information on the website of the U.S. Federal Bureau of Prisons, Ryan Salame began serving a seven-and-a-half-year sentence in October and is now expected to be released in March 2031. Caroline Ellison, on the other hand, now has an expected release date of July 2026.
According to people familiar with the matter, former SoftBank Group executive Akshay Naheta, known for overseeing some of his biggest deals, is currently in preliminary talks to sell a minority stake in the stablecoin payments startup he co-founded. Distributed Technologies Research Ltd., a stablecoin that uses blockchain to handle cross-border transfers, will use the funds to expand into new markets, including the United States, said people familiar with the matter, who spoke on condition of an...
On November 28th, according to Bloomberg, former Binance executive Amrita Srivastava filed a whistleblowing lawsuit in the UK, accusing a colleague of demanding bribes from clients to speed up the service process, and claiming that he was unjustly fired for exposing the incident. Srivastava said the colleague charged clients for "consulting services" while falsely claiming that he was not a Binance employee. Binance responded that the company had long been aware of the matter and launched an int...
On November 22nd, according to multiple digital asset industry executives, Ripple, Kraken, and Circle, among other crypto companies, are vying for seats on the cryptocurrency advisory council promised by President-elect Trump, seeking to have a say in his planned U.S. policy reforms. A source said that venture capital giant Andreessen Horowitz's crypto division, a16z, is expected to get a seat, and an a16z spokesperson declined to comment on the matter.
November 7th news, according to media reports, recently NetEase game internal investigation of corruption, involving a number of marketing line executives, NetEase game marketing department general manager Xiang and others have been taken away for investigation. According to reports, most of the executives were taken away from the marketing department. In the internal industry exchange group, there is news that the investigation involved hundreds of millions of dollars. To verify this to NetEase...
Worldcoin executives announced at a media event that the team would launch Project World and unveil plans for "Orb 2.0". According to reports, the long-term goal of the World project remains to create an identity verification system that allows people to "prove themselves" anonymously online. According to reports, Orb 2.0 will be manufactured faster, with fewer parts, better chip performance, faster operation, and use open-source code. World is opening "Advanced Validation...
On Friday, a Nigerian court rejected a bail application by Binance executive Tigran Gambaryan, who is on trial for alleged money laundering and currency manipulation, on health grounds, while instructing the prison to send him to a hospital for treatment. Binance's financial crime compliance chief, Tigran Gambaryan, has been held in the country since February, and U.S. lawmakers say he has been unjustly detained. His lawyer has repeatedly cited his poor health and said he needed surgery.
According to a document written by a number of executives at BlackRock's asset management giant, including BlackRock's ETF chief investment officer Samara Cohen and head of digital assets Robert Mitchnick, BlackRock has taken note of concerns about the spiraling US $35 trillion fiscal deficit and attributed it to growing institutional interest in Bitcoin. The document outlines: "Concerns about the US federal deficit and debt position are growing both inside and outside the United States, which h...
In 2024, the SEC carried out nearly $4.70 billion worth of enforcement actions against cryptocurrency companies and their executives, an increase of more than 3,000 percent from 2023. According to a September 9 report from Social Capital Markets, the SEC's record this year was largely due to its massive $4.47 billion settlement with TerraformLabs and its former CEO DoKwon in June - its "largest enforcement action to date". The regulator took 11 enforcement actions in 2024, despite a decrease in ...
Eighty-eight current and former executives from corporate America have endorsed US Vice President Kamala Harris as the country's president. These include James Murdoch, former CEO of 21st Century Fox and media heir to the Murdoch family, and Chris Larsen, a cryptocurrency executive and co-founder of the Ripple blockchain platform.