Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
Despite already serving a 12year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities…
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says. Source:CoinDesk
The Coldcard hack proves reputation is not a security model
A community built on verification spent five years outsourcing its judgment to one man, writes Foundation CEO Zach Herbert. Source:CoinDesk
Former Starbucks CEO Howard Schultz sells home in Hawaii for $36 million after moving to Florida
Former Starbucks CEO Howard Schultz has sold his longtime Hawaii sanctuary for the staggering price of $36 million—just months after he bought a $44 million…
Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi. Source:Cointelegraph
Trump expected to attend White House meeting with crypto CEOs, sources say
Those involved in a meeting of CEOs from the worlds of crypto, prediction markets and AI anticipate President Donald Trump will take part in next week's…
Luigi Mangione pleads guilty to stalking health-insurance CEO in federal court
Luigi Mangione, who is accused of killing a UnitedHealthcare executive, pled guilty to federal stalking charges ahead of a highprofile state murder trial in…
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sangho faces prison time in South Korea.…
CoreWeave’s stock soars as earnings show major AI momentum
The AI cloud provider topped revenue and earnings expectations, with its CEO cheering “an important inflection point.” Source:MarketWatch
Mark Zuckerberg takes on the AI doomers in 6,500-word essay
Meta Platforms CEO Mark Zuckerberg has a response to the gloom about artificial intelligence coming from both inside and outside the industry: AI will be…
Here’s why Wendy’s is losing the burger wars
Wendy’s new CEO is embarking on a turnaround initiative, while acknowledging that issues around food quality and service have turned customers away.…
CLARITY Act delay gives Asian financial hubs an opening: First Digital CEO
Industry figures warned that continued legislative limbo could slow institutional adoption, revive regulation by enforcement and push innovation offshore.…