Bitcoin adoption pushed Metaplanet into Japan’s top 50, CEO says

Metaplanet’s move to a Bitcoin standard in April 2024 has propelled its stock into Japan’s top 50 by trading volume, CEO Simon Gerovich says. Japanese firm Metaplanet saw its market cap jump 7,000% after adopting the Bitcoin (BTC) Standard in…

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Bitcoin Well On Track To Hit $740,000 By April 2028 — Pantera CEO

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Bitcoin's long haul: Exec predicts $150K by 2025 and $1M by 2030

Per Swan Bitcoin’s CEO, BTC could hit $100,000 by early 2025, then $1 million by 2030.  Bitcoin power law model echoed the April 2025 BTC price forecast. Bitcoin [BTC] has been stuck in The post Bitcoin's long haul: Exec predicts $150K by 2025 and $1M by 2030 appeared first on AMBCrypto.

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Bitcoin mining CEO eyes hashrate contracts to offset rising costs

The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners.

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Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate

Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April.

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Changpeng Zhao teases writing project ahead of reporting to prison

On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.

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CEO of Loka Mining on Bitcoin’s DeFi possibilities

Speaking to crypto.news in an interview, Andy Fajar Hardika, CEO of Loka Mining, discussed the evolution of decentralized finance (defi) on the Bitcoin network. On April 19, 2024, Bitcoin mining rewards were slashed in half. Mining a block will now…

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Jack Dorsey’s Block moves to dollar cost averaging for Bitcoin investments

Block, the payments firm led by CEO Jack Dorsey, has begun a dollar cost averaging (DCA) program to expand its Bitcoin holdings, per a May 2 shareholder letter. Starting in April, the company has been allocating 10% of its monthly…

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'Bitcoin Jesus' Roger Ver Arrested in Spain, Former Binance CEO CZ Sentenced to Months in Prison, XRP Advocate Exposes Key SEC Weakness: Crypto News Digest by U.Today

Take a look at the hottest crypto news from the last day of April in U.Today's news digest!

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Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison, according to a report from Bloomberg on April 30. Zhao said during sentencing: “I failed here … I deeply regret my failure, and I am sorry.

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Marathon to double Bitcoin mining capacity by 2024

Marathon Digital has revised its 2024 hash rate goal upwards from 35-37 exahashes per second (EH/s) to 50 EH/s following recent acquisitions that expanded its capacity. Per an April 25 press release, Marathon’s CEO, Fred Thiel, said that the firm…

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Ex-Binance CEO CZ seeks forgiveness and a fresh start in pre-sentencing apology letter

Binance‘s co-founder and former CEO, Changpeng ‘CZ’ Zhao, submitted a letter of apology to the court on April 24. Zhao, who pleaded guilty to criminal charges earlier this year, expressed regret in advance of his upcoming sentencing date.

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Binance founder should be jailed for 36 months, US prosecutors say

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

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SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon

The US Securities and Exchange Commission (SEC) wants nearly $5. 3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud. The agency detailed its requested fines in an April 19 legal filing.

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Hoskinson says PRAGMA adds ‘second set of eyes’ to Cardano but won’t speed development

Charles Hoskinson, creator of Cardano and CEO of IOHK, commented on the launch of the community association PRAGMA. In an X statement on April 22, Hoskinson praised PRAGMA for supporting Cardano-related projects, noting that “multiple clients and a diverse and resilient ecosystem” are essential for Cardano.

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FTX creditors invited to bid on Solana tokens in new auction format

FTX creditors have been urged to participate in the defunct exchange’s bankruptcy estate’s planned auction of its remaining Solana token holdings. On April 20, Figure CEO Mike Cagney revealed that the next round of FTX’s locked Solana token sales would be via auction, compared to previous ones sold directly to venture capital firms like Galaxy […] The post FTX creditors invited to bid on Solana tokens in new auction format appeared first on CryptoSlate.

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FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters

FTX investors may drop claims against the company’s co-founder and former CEO, Sam Bankman-Fried, in return for his support. Bloomberg reported on April 19 that, under a proposed settlement, Bankman-Fried would cooperate against celebrity promoters named as defendants in a $1.

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Tether’s USDT expands to TON, boosts P2P payments for 900 million Telegram users

Tether (USDT) is now live on The Open Network (TON) blockchain, the network powered by the cryptocurrency Toncoin (TON). Telegram’s founder & CEO Pavel Durov, Tether CEO Paolo Ardoino and The Open Platform CEO Andrew Rogozov announced the news at Token2049 Dubai on Friday, April 19.

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Ripple CEO Weighs In On His $5 Trillion Crypto Market Forecast, Says It Was ‘Underpredicted’

In a recent interview with Fox on April 18th, Ripple CEO Brad Garlinghouse shared his insights on the crypto market, particularly weighing in on his recent forecast suggesting a doubling digital currency market size by 2024.

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XRP Best Positioned For A US ETF After Bitcoin, Ripple CEO Reiterates

At the recent Paris Blockchain Week, running from April 9-11, Ripple CEO Brad Garlinghouse shared the stage with Xrpl Commons CEO David Bchiri, shedding light on a range of topics pertinent to Ripple and the broader XRP ecosystem.

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Ripple CEO Makes Stunning Market Prediction, Here's Why April 10 Is Crucial Date for Crypto and BTC Markets, SHIB Burns Surge Drastically: Crypto News Digest by U.Today

Check out the latest crypto news and updates in the industry with the U.Today news digest!

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Solana devs target April 15 to fix failed transactions bug

Solana developers target TX bug fix, with a patch expected on April 15. Helius Labs CEO says issues are a result of “an implementation bug, not design flaw. ” Solana developers are reportedly targeting April 15 as the date to implement a fix on transaction issues that recently plagued the blockchain network.

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Coinbase embraces Bitcoin Lightning network to speed up transactions

US-based crypto exchange Coinbase is finally integrating Bitcoin Lightning network after several promises by the exchange CEO Brian Armstrong. In an April 3 statement, Lightspark, a lightning network-based payment infrastructure provider, revealed that it was selected by the crypto exchange to facilitate the integration of Bitcoin Lightning Network.

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Hut8 Mining CEO says Bitcoin’s coming halving will be on a ‘different scale’

Hut 8 Mining CEO Asher Genoot said the coming Bitcoin halving will be on a “different scale” in terms of impact on the mining industry. Genoot said during an interview with Bloomberg on April 2 that large scale miners must become “low-cost operators” to ensure they can survive the turbulent market conditions post-halving.

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US court tightens grip on Changpeng Zhao with travel and passport restrictions

Changpeng Zhao, co-founder and former CEO of Binance, has been instructed by US authorities to surrender his Canadian passport before sentencing in April. The directive forms part of a series of restrictions imposed on his bond terms by Judge Richard A Jones on March 11.

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Former Binance CEO Changpeng Zhao Faces Delay In Criminal Sentencing

The sentencing of Binance founder Changpeng Zhao, also known as “CZ,” on a money laundering rule charge has been delayed until April 30, a notice in Seattle federal court disclosed. This two-month postponement comes after Zhao, a Canadian national and former Binance CEO, pleaded guilty on Nov. 21 to a charge of failure to maintain […]

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Changpeng Zhao’s criminal sentencing postponed to late April

The sentencing date for the founder and former CEO of the largest crypto exchange, Binance, Changpeng Zhao, has been postponed. According to CNBC, the sentencing date has been pushed back to April 30.

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Bitcoin Price Boost Ahead: CEO’s Bold Prediction Points To 10 US States Adopting Pro-BTC Laws In 2024

In a recent statement, Dennis Porter, the co-founder and CEO of Satoshi Action Fund, expressed his belief that the year 2024 will mark a crucial turning point in the history of Bitcoin.   Porter’s remarks amidst growing anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) and the highly anticipated halving event scheduled for April 2024.

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SEC case against top Ripple executives dropped

The US Securities and Exchange Commission (SEC) has dropped charges in its case against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. SEC’s vote to dismiss the case against the two Ripple executives was announced late Thursday, with an agreement by both parties meaning the trial that was expected in April 2024 will not […] The post SEC case against top Ripple executives dropped appeared first on Invezz.

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Binance US reduces staff by a third, CEO leaves

Binance US has been facing regulatory pressure from the SEC. Binance’s US cryptocurrency market share dropped from more than 22% in April to approximately 0. 9% by June 26. Norman Reed, the Chief Legal Officer of Binance US, has assumed the role vacated by Brian Shroder.

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Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report

The Thodex founder fled the country in 2021 only to be detained in Albania in August 2022 and extradited to Turkey in April 2023.

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Gryphon Digital wants Sphere 3D’s lawsuit dismissed

Crypto mining company Gryphon Digital is contesting a lawsuit from its former collaborator, Sphere 3D, over a significant bitcoin transfer. Sphere 3D alleged in April that Gryphon Digital CEO Rob Chang transferred 18 bitcoins to an impostor pretending to be…

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FTX token jumps 12% after news of possible restart emerges

Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing,  Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform.

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Elon Musk’s Lawyer Sends Letter to Microsoft CEO due to Abusing Twitter’s Data Access

Coinspeaker Elon Musk’s Lawyer Sends Letter to Microsoft CEO due to Abusing Twitter’s Data Access The letter did not mention a lawsuit, however, Musk threatened to seek legal redress if there is such a need when he first mentioned this violation back in April.

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Bittrex files for Chapter 11 bankruptcy following SEC enforcement, more inside

Bittrex, a cryptocurrency trading platform, has filed for Chapter 11 bankruptcy in the District of Delaware. In April, the SEC charged the company and its co-founder and former CEO, William ShiThe post Bittrex files for Chapter 11 bankruptcy following SEC enforcement, more inside appeared first on AMBCrypto.

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Paxful restarts marketplace operations for the first time since April

Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of certain users’ accounts.

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NFTNYC 2023 Recap: Safeguarding NFTs – Insights from CEO of My Neighbor Alice Lenny Pettersson

My Neighbor Alice CEO, Lenny Pettersson, spoke at the three-day NFTNYC conference, which happened between April 12th and 14th, alongside other NFT projects and creators—sharing his insights with calmer than usual audiences to highlight the shifts in NFT for games, metaverse, as well as the importance to protect NFTs from falling in price.

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Dubai authorities sent written reprimand to OPNX Exchange founders

Dubai’s Virtual Assets Regulatory Authority (VARA) issued a written reproof to the four founders of OPNX Exchange and its CEO Leslie Lamb on April 18, according to a formal notice. The four founders include Mark Lamb, Sudhu Arumugam, and founders of failed crypto hedge fund Three Arrows Capital, Su Zhu, and Kyle Davies.

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Brian Armstrong Sells $3.5M in Coinbase (COIN) Shares, Stock Price Drops

Coinbase CEO Brian Armstrong sold over $3 million of the company shares in April. The exchange's share fell by roughly 18% during the period. The post Brian Armstrong Sells $3.5M in Coinbase (COIN) Shares, Stock Price Drops appeared first on BeInCrypto.

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SEC fines Up Global, Coinme $3.9M; issues C&D

The U. S. Securities and Exchange Commission (SEC) imposed cease-and-desist orders and fines upon three parties involved in UpToken on April 28. SEC names parties involved in UpToken ICO The SEC said that Up Global and Coinme — as well as Neil Bergquist, founder and CEO of both companies — were involved in a cryptocurrency securities […] The post SEC fines Up Global, Coinme $3.

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Dave Ripley takes over as Kraken CEO, set on next phase of growth and expansion

Kraken announced the appointment of Dave Ripley as the company’s new CEO. The leadership succession plan was initially publicized in September 2022. However, with effect from April 27, Ripley takes over from Jesse Powell – who moves to his new role as Chairman of the Board.

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CFTC fines South African CEO $3.4B over Bitcoin MLM scheme

The U. S. Commodity Futures Trading Commission (CFTC) said on April 27 that it has obtained a court judgment against a CEO involved in Bitcoin-related fraud. CEO was involved in Bitcoin MLM The case in question concerns Cornelius Johannes Steynberg of South Africa, who was the founder and CEO of Mirror Trading International Proprietary Limited (MTI).

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Senator Kempis and Samson Mow join forces for Bitcoin legal tender in Mexico

Bitcoin as legal tender in Mexico could become a reality if Senator Indira Kempis and Jan3 CEO Samson Mow get their way. On April 26, Senator Kempis tweeted a picture of herself with Mow, accompanied by the text: “Probably nothing… #Bitcoin legal tender” Jan3 is a nod to January 3, 2009, when the BTC genesis […] The post Senator Kempis and Samson Mow join forces for Bitcoin legal tender in Mexico appeared first on CryptoSlate.

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Binance CEO CZ Is on Bloomberg’s ‘New Finance Rich List’

Coinspeaker Binance CEO CZ Is on Bloomberg’s ‘New Finance Rich List’ While Bloomberg says the Binance head is worth $28. 2 billion, Forbes says Zhao’s net worth as of April 27 is $10.

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Hong Kong targets May for crypto exchange licensing regulations

Hong Kong’s Securities and Futures Commission (SFC) will release guidance on the crypto licensing framework in May. Hong Kong’s SFC CEO, Julia Leung, disclosed this at an event reported by Bloomberg on April 27.

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Meta says 40% of Instagram content is AI-recommended; retains Metaverse focus

Meta — the parent company of Facebook and Instagram — discussed its use of artificial intelligence (AI) during its Q1 2023 earnings call on April 26. AI drives content discovery Meta CEO Mark Zuckerberg called AI one of two “major technological waves” alongside the metaverse that are priorities on the company’s roadmap.

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US Congress can use stablecoin bill to strengthen Dollar competitiveness: Circle CEO

Circle CEO Jeremy Allaire said the U. S. Congress shouldn’t miss the opportunity of using the stablecoin bill to strengthen the dollar’s competitiveness and safety. In an April 25 Twitter thread, Allaire noted that the earlier draft of the stablecoin bill included provisions that would strengthen the U.

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Microsoft’s latest investor call describes AI focus, names corporate users

American multinational tech company Microsoft named artificial intelligence (AI) development as one of its top priorities during its Q1 earnings call, which took place on April 25. Microsoft is highly focused on AI Microsoft CEO Satya Nadella briefly commented on consumer AI features, stating: “As we look towards a future where chat becomes a new […] The post Microsoft’s latest investor call describes AI focus, names corporate users appeared first on CryptoSlate.

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Paxful CEO steps down, vows to make users whole by creating a Public Trust

CEO of Paxful, Ray Youssef, announced his resignation and promised to make Paxful users whole again on April 21, according to his medium post. In the post, Youssef said that he “will put 99.

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