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Tag Archives: Exec

European Central Bank Exec: Bitcoin is the “Evil Spawn of the Financial Crisis”

Yet another prominent member of the established financial industry has expressed scepticism about Bitcoin. This time it is European Central Bank executive, Benoit Cœuré. Cœuré: Bitcoin Is a Clever Idea, Just Not a Good One Bitcoin and the rest of the cryptocurrency space has not had a very pleasant 24-hours. With prices plummeting and speculation over whether the Bitcoin Cash split ...

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European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis’

Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the [2008] financial crisis,” Bloomberg reports Nov. 15. Coeure reportedly made his acid remarks at the Bank for International Settlements (BIS) in Basel. The BIS’ general manager Augustín Carstens has likewise previously made a spate of crypto-skeptical remarks, notably characterizing ...

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Coinshares Exec: Bitcoin in Financial Crisis, Altcoins in Liquidity Crisis

The jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this strong sell-side pressure, which saw BTC fall under $5,800, came straight out of left field. To bring clarity to the ...

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Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena

HBUS, the strategic partner of top crypto exchange Huobi, has hired a former executive of venture capital (VC) firm Draper Athena, according to a press release shared with Cointelegraph Nov. 13. The HBUS trading platform, which currently employs around 40 people in their headquarters in San Francisco, has officially announced the appointment of Jay Ryu, formerly of Draper Athena, as ...

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Mike Novogratz’s Galaxy Digital Hires Goldman Sachs Exec for Blockchain Unit

Twitter Facebook LinkedIn Mike Novogratz’s crypto investment bank, Galaxy Digital Capital Management, hired Goldman Sachs banker Ian Taylor to oversee the group’s advisory-services arm. Taylor will join Galaxy Digital before January 2019, sources told Bloomberg. Taylor was a managing director at Goldman, where he worked for almost 19 years, according to his LinkedIn profile. At Galaxy Digital, he will oversee ...

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Distributed Ledger Firm AlphaPoint Hires Ex-CBOE Exec to ‘Support Growth And Innovation’

White label digital asset exchange platform AlphaPoint announced it had hired a former senior executive at the Chicago Board Options Exchange (CBOE) to lead its trading and exchange business in a press release shared with Cointelegraph Nov. 2. AlphaPoint, which has operated since 2013 as a method through which corporations can digitize financial assets, said Kapil Rathi would “support its ...

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Coinbase Exec Denies Plans for IPO ‘Any Time Soon,’ Reveals Plans to Add up to 300 Coins

Major U.S. cryptocurrency exchange and wallet provider Coinbase will not perform an initial public offering (IPO) “any time soon,” the company’s President and COO Asiff Hirji told Bloomberg today, Oct. 31. Speaking to Bloomberg TV, Hirji, who himself was the first to hint about the potential for an IPO in 2017, said that while the company would go public “at ...

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Ripple Exec Claims XRP is ‘Bitcoin 2.0’

Ripple’s New Chief Market Strategiest, Cory Johnson, is certainly a known quantity in the traditional financial world. He co-founded TheStreet.com with CNBC’s Jim Cramer – that guy who’s always freaking out over charts and events on Wall Street – and worked with a number of different start-ups over the years before eventually finding himself at Bloomberg. Before all that, though, ...

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Ex-Fidelity Exec Joins Blockchain Company Bloq as Chief Operating Officer

A former executive at financial services giant Fidelity Investments has been appointed Chief Operating Officer (COO) at blockchain infrastructure firm Bloq, according to a press release Oct. 23. Bloq’s new COO, Hadley Stern, spent seventeen years at Fidelity, which administers over $7.2 trillion in client assets. His most recent role was at the helm of the crypto and blockchain incubator ...

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Pantera Exec: Crypto Market Close to Bottom, Tenfold Increase Possible With Scalability

As Q4 of 2018 dawns on the infant crypto and blockchain world, many outspoken advocates for this industry have done their best to reaffirm that the cryptocurrency values will reverse without a doubt. “Crypto Is Close To The Bottom At This Point” When it comes to industry veterans, Joey Krug, an Augur co-founder turned crypto investor extraordinaire, is arguably one of ...

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