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Wallet of Satoshi Exits US Market Amidst Record-Breaking Month, Leaving Customers to Seek Alternatives
24.11.2023
On Friday, Wallet of Satoshi, a provider of Lightning Network payment services, announced its departure from the U.S. market, though it refrained from providing specific reasons. The firm informed its U.S. clientele that they could “withdraw and transfer” their funds to a different...
BCB Group CEO Steps Down Following Exit By Fellow Executives
22.11.2023
Crypto banking firm, BCB Group, announced the departure of CEO Oliver von Landsberg-Sadie today following the exits of two other executives, according to a company email sent Wednesday. A number of notable clientele BCB Group was originally founded by von Landsberg-Sadie and Oliver Tonkin as...
Degens Ride the Wave: Massive Surge in ‘CZ’ Token Amid Binance CEO’s Resignation
22.11.2023
Source: Adobe / MysteryShot Risk-loving crypto traders, often referred to as “degens,” are capitalizing on the recent announcement of Binance CEO Changpeng Zhao’s (CZ) resignation and guilty plea by scooping up a newly launched token called “CZ.” Despite...
CZ departure, Binance deal lead to purge of $175M of crypto longs
22.11.2023
Data aggregator DefiLlama showed that Binance’s crypto asset inflows in the last 24 hours have fallen by over $1 billion
Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure
21.11.2023
The house that CZ built will now be helmed by its Head of Regional Markets as the U.S. Department of Justice has barred the former CEO from his position
Bankrupt Crypto Lending Firm Celsius Shifts Focus to Bitcoin Mining Amid SEC Feedback on Reorganization Plan
21.11.2023
Source: Adobe/Canva Crypto lender Celsius has amended its reorganization plan, opting for a singular focus on bitcoin mining instead of the initially proposed combination of mining and staking. In a court filing on Monday, Celsius signaled its departure from the earlier Plan that combined both...
OpenAI seeks to diffuse internal tensions after Altman departure: Report
21.11.2023
Executives at OpenAI have been trying to settle disputes with employees and are in “intense discussions” over how to move forward after the abrupt departure of former CEO Sam Altman
Microsoft hires Sam Altman, Greg Brockman after departure from OpenAI
20.11.2023
The CEO of Microsoft announced on X that Sam Altman and Greg Brockman will be joining Microsoft after their abrupt departure as heads of OpenAI
Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
18.11.2023
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from...
VanEck Files Amended Application for Bitcoin ETF with SEC
30.10.2023
New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...
Bitcoin Ordinal Inscriptions Defy Downturn, Embark on Resurgence as Daily Counts Soar
29.10.2023
Over the weekend, the cumulative count of Ordinal inscriptions briskly surpassed the 36 million milestone, signaling a departure from the month-long downturn in daily onchain inscription issuances. While the staggering peaks of early September still remain unreached, a discernible resurgence...
Binance Sees Another High-Profile Departure as Former Head of UK Moves on
24.10.2023
Jonathan Farnell, who served as head of Binance U.K. and CEO of its payment service Bifinity – which was disbanded in August – left the firm in September
Binance France director resigns, adding to list of exits from crypto exchange
19.10.2023
Stéphanie Cabossioras is at least the tenth senior executive to depart the crypto exchange this year
Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
11.10.2023
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover
8.9.2023
Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure of some...
Binance crypto exchange saw departure of 10 key executives in 2023. Here's the list
7.9.2023
Binance CEO Chang Peng Zhao sought to dismiss concerns around executive departures, claiming these executives are moving into bigger roles outside Binance, and said reports are market FUD
Binance Eastern Europe VP and Other Execs Announce Departure as Exchange Mulls Russian Exit
6.9.2023
Binance Eastern Europe Vice President Gleb Kostarev and CIS Manager Vladimir Smerkis have announced their departure from the company as the exchange considers a possible exit from Russia.
Both executives resigned amid regulatory hurdles posed by global sanctions on Russia following the country’s...
Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR
7.8.2023
Can The Witcher Survive Henry Cavill’s Departure?
7.7.2023
The first episode of The Witcher season 3 begins with a lengthy recap of the previous two seasons: flashes of Henry Cavill in that initial, questionable Geralt wig, Freya Allen as a much-younger, more eyebrow-less Ciri, everyone’s shittier eye contacts, sword fights, magic, and a bit of sex. While...