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Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association has announced the appointment of former HSBC executive Ian Jenkins as chief risk officer and chief financial officer of Libra Networks.

SPAC CFO Sentenced to Prison for Embezzling $5M

SPAC CFO Sentenced to Prison for Embezzling $5M

Cooper Morgenthau, former CFO of African Gold Acquisition Corporation, was sentenced to three years in prison for embezzling $5 million from three different SPACs. Morgenthau used the embezzled funds to trade cryptocurrencies and meme stocks, losing almost all of the money. He then provided falsified documents to the company’s accountants and raised $4.7 million from private investors based on fraudulent claims. Morgenthau has been ordered to forfeit $5.1 million and pay restitution of the same amount.

Celsius Network Petitions Court to Consult Former CFO Rod Bolger

Celsius Network Petitions Court to Consult Former CFO Rod Bolger

Crypto lending platform Celsius Network has petitioned the US Bankruptcy Court to grant it permission to re-engage Rod Bolger, its former Chief Financial Officer for resuming consultation.

Tesla Announces CFO Transition: Vaibhav Taneja to Succeed Zachary Kirkhorn

Tesla Announces CFO Transition: Vaibhav Taneja to Succeed Zachary Kirkhorn

Tesla appoints Vaibhav Taneja as CFO, succeeding Zachary Kirkhorn, effective August 4, 2023, marking a new phase in leadership.

Animoca Brands Hires Jared Shaw as New CFO

Animoca Brands Hires Jared Shaw as New CFO

In the latest update, Animoca Brands said it has hired Jared Shaw as its new Chief Financial Officer (CFO).

Former CEO of Overstock Patrick Byrne Charged for Security Fraud

Former CEO of Overstock Patrick Byrne Charged for Security Fraud

Former CEO of overstock.com, Patrick Byrne and former CFO Greg Iverson have been charged for securities fraud regarding the payout of dividends.

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform

Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett

Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett

Founder of TRON, cryptocurrency entrepreneur Justin Sun had his long-awaited $4.57 million charity auctioned meal with Warren Buffett. Here's what happened.

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

Tech Billionaire Tim Draper Says Netflix Could Be the Next Fortune 100 Company to Invest in Bitcoin

Tech Billionaire Tim Draper Says Netflix Could Be the Next Fortune 100 Company to Invest in Bitcoin

After several speculations have been made regarding which companies would emulate Tesla’s Bitcoin strategy, Billionaire Tim Draper predicts Netflix may be the next big BTC investor.

Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy

Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy

Publicly-traded billion-dollar software firm MicroStrategy announced its new capital allocation investment strategy — with a purchase of 21,454 Bitcoins. MicroStrategy is the largest independent publicly-traded business intelligence firm used by many of the Fortune Global 500 brands.

Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup

Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup

Paris, France - January 16th, 2020 - Paris Blockchain Week Summit (PBWS), the first international conference held in France dedicated to professionals in the blockchain and crypto-assets space, has announced the primary speaker lineup for its upcoming event on March 31 - April 1, 2020.

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