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Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims

Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims

Binance CEO Changpeng Zhao has categorically denied the allegations recently published by CoinDesk stating that $12 billion were redirected to firms under his control.

Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns

Cosmos Blockchain Developer Ignite Layoffs Employees, CEO Peng Zhong Resigns

Ignite CEO, Peng Zhong, has parted ways with the company. A few days ago, the firm announced job cuts of more than 50% of its employees amid the difficult market conditions.

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.

Coinbase CEO Proposes Web3 Version of LinkedIn

Coinbase CEO Proposes Web3 Version of LinkedIn

Coinbase CEO Brian Armstrong has received over 150 applications for its inaugural Coinbase Ventures Summit in October. He introduced the Web3 version of LinkedIn, a decentralized platform, and suggested companies issue NFTs for employment verification. The summit aims to foster crypto innovation.

Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies

Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies

Dr. Andrzej Gwizdalski and Binance CEO Richard Teng's analysis reveals traditional fiat currencies are involved in more illicit activities ($3.2 trillion annually) than cryptocurrencies ($20 billion), prompting a rethinking of the narrative.

Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO

Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO

Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.

Binance.US Appoints Joshua Sroge As Interim CEO Following Brian Brooks’ Departure

Binance.US Appoints Joshua Sroge As Interim CEO Following Brian Brooks’ Departure

Binance.US has appointed Joshua Sroge as the firm’s interim chief executive, while amid the largest cryptocurrency exchange is facing increasing regulatory scrutiny worldwide.

UK to Host First International AI Safety Conference in November

UK to Host First International AI Safety Conference in November

The United Kingdom is set to host the world's first international conference on AI safety on November 1-2, 2023. The summit aims to position the UK as a mediator in tech discussions between the US, China, and the EU. Prime Minister Rishi Sunak will host the event at Bletchley Park, featuring notable attendees like US Vice President Kamala Harris and Google DeepMind CEO Demis Hassabis. The conference will focus on the existential risks posed by AI, among other safety concerns.

CZ Comments on Binance US CEO's Departure

CZ Comments on Binance US CEO's Departure

Binance US founder CZ announced the departure of Brian Shroder and the appointment of Norman Reed as new leaders. The company is also downsizing, with Krishna Juvvadi and Sidney Majalya leaving. The SEC's recent actions have sparked concerns about a possible criminal inquiry. Despite these challenges, CZ's message to the crypto community remains clear: "Ignore FUD. Keep building."

Former CTO of Square and Creator of Cash App Dies in San Francisco Stabbing

Former CTO of Square and Creator of Cash App Dies in San Francisco Stabbing

Bob Lee, former CTO of Square and creator of Cash App, died after being stabbed in San Francisco on April 4. The CEO of Abra confirmed the news on Twitter, and Jack Dorsey also expressed his condolences on the decentralized social media platform Nostr.

Wyre Limits WithdrawalsTo 90% For All Users

Wyre Limits WithdrawalsTo 90% For All Users

Wyre, a crypto payment company, has changed its withdrawal policy to restrict customers to 90% of their funds, days after two former workers purportedly hinted at a closure. Yanni Giannaros, Wyre's chief risk and compliance officer, is temporary CEO. As Wyre implements new operations, daily withdrawal restrictions will vary.

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash

The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.

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