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Wyre Limits WithdrawalsTo 90% For All Users

Wyre Limits WithdrawalsTo 90% For All Users

Wyre, a crypto payment company, has changed its withdrawal policy to restrict customers to 90% of their funds, days after two former workers purportedly hinted at a closure. Yanni Giannaros, Wyre's chief risk and compliance officer, is temporary CEO. As Wyre implements new operations, daily withdrawal restrictions will vary.

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.

Binance CEO denies FBI "shot" rumor

Binance CEO denies FBI "shot" rumor

Binance CEO Changpeng “CZ” Zhao has denied rumors that he was "shot" by the FBI, which were "spread widely" on a Chinese messaging platform. CZ took the opportunity to reiterate the close working relationship between Binance and the FBI, and emphasized the importance of ignoring fake news and distractions.

XRP Price Drops During Ripple Swell Conference

XRP Price Drops During Ripple Swell Conference

The XRP price looks set to continue a downtrend, while Ripple hosts the annual Swell conference which brings together world industry leaders and policymakers.

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta

FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple's Chief Executive Officer has hinted that unfavorable regulations may force the company to relocate its headquarters out of the United States.

Illia Polosukhin Appointed CEO to Lead NEAR's Open Web Drive

Illia Polosukhin Appointed CEO to Lead NEAR's Open Web Drive

NEAR Foundation appoints co-founder Illia Polosukhin as CEO, marking a new phase for the NEAR Protocol, focusing on ecosystem growth and process optimization.

JPMorgan CEO Jamie Dimon Loves Blockchain but says Bitcoin Still Not His "Cup of Tea"

JPMorgan CEO Jamie Dimon Loves Blockchain but says Bitcoin Still Not His "Cup of Tea"

While JPMorgan CEO Jamie Dimon has expressed his thoughts on the critical value of blockchain technology, he is still not interested in Bitcoin as a hedge investment.

bitFlyer Co-Founder Seeks to Reinstate as CEO

bitFlyer Co-Founder Seeks to Reinstate as CEO

Yuzo Kano, co-founder of cryptocurrency exchange bitFlyer, plans to reintroduce himself as CEO at a shareholders meeting next month. Kano wants to revitalize the company by introducing stablecoins, token-issuance operations, and an IPO, while also opening up the company's blockchain. He claims bitFlyer has become stagnant since his resignation in 2019, and aims to put Japan back on the map in the world of cryptocurrency.

MicroStrategy CEO Hodls 17,732 Bitcoins at an Average Price of $9,882 per BTC

MicroStrategy CEO Hodls 17,732 Bitcoins at an Average Price of $9,882 per BTC

MicroStrategy CEO Michael Saylor says he holds 17,732 bitcoin with an average cost of $9,882

Binance CEO CZ Alerts Users of Phishing Attacks Following Kroll Data Leak

Binance CEO CZ Alerts Users of Phishing Attacks Following Kroll Data Leak

Binance CEO CZ warns FTX, BlockFi, and Genesis of new phishing attacks linked to the Kroll data leak, citing an employee SIM swap. He emphasizes cybersecurity awareness and user vigilance in the cryptocurrency sector.

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