The Senate approved the appointment of Barr, an ex-Ripple adviser who served in Obama’s Treasury Dept., as the Fed’s new vice chair for supervision.
The problems at Celsius appear to have started years before it began freezing customer assets, according to employees and internal documents seen by CNBC.
James Blackham, former managing director and head of digital structuring at Goldman Sachs, is now leading a new insurtech startup; his firm, Just Miles, is focusing on personalized car insurance offerings; the firm has received venture capitalist funding and is developing its data analytics; at Just Miles, Blackham says he is taking the big data and analytics skills learned from his experience at Goldman Sachs and applying them to car insurance with the goal of providing an innovative car insurance solution for consumers. Source
Former Head of Libra - Diem David Marcus Comments on Why EU is Falling Behind in Regards to Crypto, Digital Asset Innovation. | Crowdfund Insider: Global
Danny Masters ran JPMorgan’s commodities trading business in the 1990s; he is a strong believer in ICOs as a better mousetrap compared to IPOs stating, “I’ve raised for companies — angel, friends and family, series A, series B stuff — and it's a real pain in the arse. It's slow, it's time-consuming, it's duplicative. It's a really heavy duty process. I know some great companies who've raised £5 million, £10 million and they've spent thousands of man hours doing it.”; he also notes that there is a lack of quality ICOs and they have funded only a dozen; Masters setup a fund called Global Advisors which pivoted to crypto in 2014. Source
Hans Morris of Nyca Partners has launched a new venture capital fund; Morris is the founder of Nyca Partners and a former Lending Club chairman; Morris has raised new capital of $125 million for the fund which will invest in fintech startups. Source
While speaking to CNBC former director of the White House Economic Council Gary Cohn says he is exploring options to...
Prosecutors said the case is the first to involve alleged insider trading of NFTs....
Speaking with American Banker the former Comptroller of the Currency, Eugene Ludwig, says that because non-bank lenders are considerably larger...
In an interview with CNBC last week, former PayPal COO and serial entrepreneur David Sacks talks about how cryptocurrencies are fulfilling the original PayPal vision; he explains: "A payment is just a credit to one account and a debit to another. That's a database entry. We believed that, if we could get enough people to participate, money would never need to leave the system. PayPal could become the database of money."; he talks about blockchain technology helping to build web 3.0 and a new wave of innovation; the interview also touched on how the current environment shows some of the same signs of the dot com era, the two ways digital assets are a threat to traditional venture capital and some of the biggest challenges that lie ahead. Source