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Clients Are Talking about ‘Need for Crypto’, Says Blackrock CEO Larry Fink

Larry Fink’s comment reveals BlackRock’s strong interest in crypto following the company’s application for a spot Bitcoin ETF. The Chief Executive Officer of asset management giant BlackRock Inc (NYSE: BLK) recently said there is “the need for crypto” among the company’s many clients. Fink revealed this in a Monday interview on Fox Business. BlackRock

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Binance CEO, colleagues face potential indictment in Brazil

A Brazilian congressional committee has suggested indicting Binance CEO Changpeng Zhao and other leaders at the exchange, alleging fraud. Brazil’s National Congress committee’s recommendation to indict Binance’s leaders, including Zhao, could lead to a legal battle for the world’s largest cryptocurrency exchange. The committee investigating crypto-related Ponzi schemes accused Zhao and

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CEO admits to manipulating crypto futures in cherry-picking scandal

Former CEO of Systematic Alpha Management LLC Peter Kambolin has pleaded guilty to a “cherry-picking” scheme involving cryptocurrency futures contracts, marking a first-of-its-kind case. In an unprecedented case, Peter Kambolin, ex-CEO of Systematic Alpha Management LLC (SAM), has admitted guilt in a “cherry-picking” scheme involving cryptocurrency futures contracts. This practice, known as

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