Overstock Appoints Jonathan Johnson as Company’s New CEO

American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer, according to an announcement on Sept. 23. Johnson has served as an interim CEO of Overstock since the end of August when Patrick Byrne stepped down. Presently, Johnson also acts as the company’s member of the board of directors, president at Overstock’s venture capital arm Medici Ventures, and chairman of the board at its blockchain-focused subsidiary tZERO Group. Johnson stated: “Overstock has two unique businesses. […] I have run both, and I know how to…

Binance Lists Tezos With 3 XTZ Pairs — CEO Hints at Staking Soon

Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform. XTZ deposits are now live On Sept. 23, Binance officially announced the listing of Tezos, launching three new trading pairs featuring the major cryptocurrency Bitcoin (BTC), top stablecoin Tether (USDT) and Binance’s native token Binance Coin (BNB). Following the announcement, users can start depositing Tezos on their accounts, while the launch of trading is scheduled for launch on Sept. 24, the exchange announced. CZ hints at staking Binance CEO Changpeng…

BitMEX CEO Arthur Hayes Says Traders Could Lose Weekends, Lunch Breaks

BitMEX CEO and co-founder Arthur Hayes says traditional traders may lose their lunch breaks and weekends as digital finance is going to change everything, including workplaces. Cryptocurrencies trade 24 hours a day, seven days a week In a Sept. 19 article by Bloomberg, Hayes noted that cryptocurrencies trade 24 hours a day, seven days a week, and that this will end up affecting “everything from traditional equities, bonds and currency trading, to the way payments are processed and recorded.” The CEO of BitMex made his remarks at the Milken Institute…

Libra Does Not Threaten Sovereignty of Nations, Says Calibra CEO

  CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system. Not new money but a better payment network Amid the ongoing meeting between Libra founders and 26 global central banks in Basel, Calibra CEO David Marcus has stepped up to protect the position of the Libra Association on Twitter on Sept. 16. In a Twitter thread titled “About monetary sovereignty of Nations vs. Libra,” Marcus wrote: “Recently there’s been a lot of talk about…

Founder of Payments Network Zelle Joins Stellar-Focused Startup as CEO

Stellar-focused (XLM) crypto development company Interstellar appointed the founder of digital payments network Zelle Mike Kennedy as its new CEO. On Sept. 12, the company announced the appointment in a Medium blog post. Stellar as an international payments system Kennedy’s network Zelle is the payment system used by JPMorgan Chase, Citi, Bank of America and many other financial institutions, according to its website. It is also claimed that Zelle manages over $50 billion in transaction volumes from over 25 million users. Now, Interstellar expects Kennedy and his team to build…

Will Ripple CEO Address XRP Dumping At Fintech Week?

Ripple CEO, Brad Garlinghouse is a confirmed keynote speaker at this year’s DC Fintech Week. Although the agenda precludes XRP price, many see this as a further opportunity for Garlinghouse to address concerns over XRP dumping, which some attribute to price stagnation in the divisive token. Will Garlinghouse Address The Issue Of Ripple Dumping XRP? Thought leaders and attendees will gather in Washington DC on October 21-24 to deliberate all matters fintech. This year’s event includes notable industry movers and shakers, such as SEC Chair, Jay Clayton and ConsenSys founder,…

Hong Kong-Based Holding Company Appoints Huobi Exchange Founder as CEO

Huobi Group founder Leon Li has been appointed CEO, chairman of the board and executive director of the board of Pantronics Holdings Ltd. Changes at Pantronics A press release shared with Cointelegraph on Sept. 10 announced Li’s new roles at Hong Kong -listed holding company Pantronics Holdings Ltd. The 37-year-old Leon Li, who founded the global digital asset giant Huobi Group in 2013, will help the Hong Kong-based investment company “explore potential new opportunities.” Chris Lee, Pantronics’ current executive director added that Li’s knowledge and experience will be invaluable to…

TZERO CEO Issues Letter to Investors, Addresses Patrick Byrne’s Resignation

The CEO of Overstock’s blockchain subsidiary tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock’s CEO Patrick Byrne. In a letter to investors published on Sept. 6, Noursalehi addressed Byrne’s resignation as the CEO of American e-commerce giant Overstock.com. Noursalehi assured that Byrne’s departure will not have an impact on tZERO’s daily operations and implementation of the firm’s strategic roadmap. Byrne stepped down as CEO of Overstock in late August. In his letter of resignation, Byrne reaffirmed his faith that “the blockchain revolution…

SEC’s Overstock’s ICO Probe ‘Dormant’ Since Late 2018, CEO Says

Patrick Byrne’s exit from Overstock has nothing to do with the allegedly ongoing regulatory investigation, the firm’s interim CEO said. No requests since December 2018 Overstock’s interim CEO Jonathan Johnson claimed that the alleged probe by the United States Securities and Exchange Commission (SEC) appears to be “almost dormant” to date as the authority has not asked on the matter since December 2018, Fox Business reported on Sept. 3. Johnson clarified that Overstock has not had requests for information from the SEC’s enforcement division for almost a year, adding that…

Tron CEO Justin Sun Accused of Buying 5,000 Twitter Followers Per Day

Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. In a tweet posted on Sept. 1, Rager claimed: “Looks like you’re still buying 5,000 to 6,000 followers per day. My favorite stat is how you went from losing net-negative followers per month to gaining 5k followers daily like clock work in late 2018.” At the end he added, sharpening his attack: “You’re such a meme. I feel sorry for Tron investors.” Tron CEO buying 5K new followers per day? To corroborate…