Cryptocurrency Analysis and News Portal
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management Lose Their Jobs, Spokesperson Quoted Troubled cryptocurrency
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Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. Kraken Freezes Accounts Belonging to FTX,
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Nearly seven months after Tesla CEO Elon Musk first made a tender offer to purchase social-media giant Twitter, the $44 billion deal finally came to a close, resembling much of the original terms despite a heated corporate tug-of-war. As a platform for news announcements, marketing, and developer-user communication in the
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SVP Chris Ko, COO Matt Nutt and Co-Founder Rudy Koch announced their departures on Wednesday and each hinted at new ventures. Original Source
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The company paid co-founder and former CEO Dave Perrill $613,000 for payroll and benefits, according to the filing. Former CFO Tad Piper got $541,000 three months after he left the company, President Edward Drake Harvey III and Chief Commercial Officer Kyle Wenzel got about $500,000 each, former Chief Technology Officer
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Voyager Digital has preferred not sue its top executives for incompetence, in spite of their role in approving a huge loan to Three Arrows Capital (3AC) without adequate due diligence. That loan was a key element leading to Voyager Digital’s bankruptcy. Court papers filed Oct. 17 show that a Voyager
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Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much, and hints at
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Kocher accuses nine former and current Coinbase officers, including CEO Brian Armstrong, CFO Alesia Haas and board member Marc Andreesen, of violating federal securities law, abusing their power, causing financial harm to the firm, and “gross mismanagement.” Source
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Crypto author Shelly Palmer is venturing deeper into education with Metacademy.xyz. Original Source
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Centre, the consortium founded by Circle and Coinbase in 2018 to govern USD Coin (USDC), announced Tuesday that Linda Jeng, a current Georgetown law professor and former regulator with the U.S. Securities and Exchange Commission (SEC), would be joining as Centre’s chief policy and regulatory officer. Source
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