Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report
Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea. Source
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Daniel Shin denies hand in Terra’s collapse
Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement. Following a preliminary hearing in July 2023, Shin’s attorneys said fellow founder Do Kwon was responsible for Terra’s crash and
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Avalanche Developer Daniel Sesta Releases WAGMI Tokens
Sestagalli is behind formerly top Avalanche projects like Wonderland, a treasury-backed currency protocol, and Abracadabra, a platform that provides collateral based on yield-bearing assets deposited by users. SPELL, TIME and MIM – three tokens associated with the two projects – had a combined market capitalization of over $6 billion at
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How OKX convinced F1 star Daniel Ricciardo it’s safe to promote crypto
Australian F1 driver Daniel Ricciardo and his Olympic snowboarder mate Scotty James say they always think long and hard about the risks of promoting the wrong thing. And as brand ambassadors for crypto exchange OKX, that no doubt was at the forefront of their minds when FTX collapsed and markets crashed
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Alibaba Stock Suffers 3% Drop as Daniel Zhang Quits Cloud Business
In an official statement on Sunday, Alibaba said that Zhang will be replaced by Eddie Wu. Alibaba Group Holding Ltd (HKG: 9988), one of the prominent players in the Chinese technology industry, faced a 3.5% decline in its stock value on Monday following a surprising turn of events on September 10.
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Daniel Zhang Leaves Alibaba’s Cloud Unit amidst Restructuring
After 16 years of service to the firm, Zhang is ready to move on to the next career phase. Alibaba expressed gratitude for his work at the company. In a surprising turn of events on Sunday, Daniel Zhang, the former chief executive and chairman of Chinese tech giant Alibaba Group, has
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SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
The United States Securities and Exchange Commission has been granted a motion to seek assistance from South Korea to question Terraform Labs co-founder Daniel Shin — as it builds its case against the firm and co-founder Do Kwon. On Aug. 16, District Judge Jed Rakoff granted the SEC’s July 10 motion
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Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
Joe Tsai, the soon-to-be former executive vice chair of China-based technology giant Alibaba, will replace Daniel Zhang as company chair.In a June 20 announcement, Alibaba said Zhang would be stepping down as chair of the company and CEO effective Sept. 10, whereupon he will continue to serve as the chair
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Alibaba Announces Co-Founder Eddie Wu Set to Replace Daniel Zhang as CEO
According to Alibaba, Eddie Wu will take over from Daniel Zhang as CEO, to allow Zhang focus on the company’s Cloud intelligence business. Chinese multinational tech company Alibaba Group Holding Limited (HKG: 9988) has announced that co-founder Eddie Wu will take over the CEO position from Daniel Zhang. The company made the surprise
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Liechtenstein Plans to Add Bitcoin as Payment Option for State, Prime Minister Daniel Risch Says: Report
The European Union is now finalizing its landmark licensing regime known as the Markets in Crypto Assets (MiCA) regulation – something that could draw to the region crypto firms seeking regulatory clarity. Although Liechtenstein is not a member of the bloc, it is part of the greater European Economic Area
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