BCB Group’s Deputy CEO Departs After Failed German Bank Acquisition

“I hired Noah as my deputy to help scale the business, focussing on integrating and expanding what would have been our German bank acquisition – Sutor Bank,” said Oliver von Landsberg-Sadie, CEO of BCB Group. “In light of the shift in the current banking and regulatory environment and the decision to step away from the bank deal, Noah has decided to pursue an external opportunity in the fintech space,” he added. Source

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 announcement, intended to allow Zhang to concentrate on Alibaba Cloud. In an internal memo sent to staff, current CEO Zhang touched on the need to focus completely on the company’s Cloud business. He said that cloud computing is an…

AI has a ‘symbiotic relationship’ with blockchain: CEO, Animoca Brands

Artificial intelligence (AI) has become a hot topic in public discord both in and outside of the emerging tech industry, after an increase in popularity of OpenAI’s chatbot ChatGPT.  At the Proof of Talk 2023 blockchain and Web3 conference in Paris, Cointelegraph sat down with Robbie Yung, the CEO of Animoca Brands to discuss the relationship between AI, blockchain and gaming. Robbie Yung CEO of Animoca Brands (left) with Cointelegraph Reporter Savannah Fortis at Proof of Talk 2023 in Paris. Source: Cointelegraph Yung told Cointelegraph that Animoca has been involved…

Binance CEO Accuses Binance Nigeria Limited of Operating as Scam

The only recognized Binance arm on the African continent is Binance Africa. Binance CEO Changpeng ‘CZ‘ Zhao recently took to Twitter to express his dissatisfaction with Binance Nigeria Limited, claiming that the company is a scam. CZ added that Binance has, therefore, issued a cease and desist notice to the alleged scammer entity. The notice serves as a legal warning, demanding that Binance Nigeria Limited immediately halt any activities falsely claiming association with the Binance brand. By taking this step, Binance aims to protect its reputation and dissociate itself from…

Binance CEO responds to resolution of SEC’s request for emergency relief

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance CEO Changpeng “CZ” Zhao expressed pleasure at the amicable resolution of a recent emergency relief request from the U.S. Securities and Exchange Commission (SEC) that would have resulted in the freezing of client funds. Binance.US and SEC agree on consent order CZ highlighted the company’s commitment to ongoing operations despite the difficulties and regulatory barriers faced by Binance recently. He emphasized that user funds are safe and secure across all Binance-related services and will remain…

Binance CEO CZ deems SEC’s request for emergency relief unwarranted

Changpeng ‘CZ’ Zhao, the CEO of Binance, expressed his happiness and sense of relief as the prolonged dispute with the United States Securities and Exchange Commission (SEC) has been successfully resolved. The SEC’s ongoing scrutiny had created a tense and uncertain period for the company, making the resolution a significant milestone. Nonetheless, as the regulatory uncertainty begins to fade, CZ can now find solace and concentrate on Binance’s future. In a tweet, the veteran crypto entrepreneur emphasized that the SEC’s emergency relief request was unnecessary, affirming that the mutually agreed-upon…

Trezor CEO cites usability as top factor for the hardware wallet: BTC Prague

Amid the expanding trend toward self-custody, hardware wallet Trezor’s CEO Matej Zak has highlighted the most relevant development vector for the company so far – enhancing usability to significantly increase the number of users over the next few years. Speaking to Cointelegraph at the BTC Prague 2023 conference on June 9, Zak said: “Educate hard and build simply” is currently Trezor’s most relevant strategy in developing its hardware wallets amid the growing demand for self-custody.” “You need to explain what self-custody is because it’s still a different concept. It’s nothing that…

Coinbase CEO Brian Armstrong’s ResearchHub Completes $5M Series A Funding Round

The startup is setting up a platform that will reward (in crypto) anyone who contributes new knowledge to the global science community ResearchHub, a crypto-based startup focused on advancing scientific research, may have just concluded a $5 million funding round. According to an official announcement, the round was led by Open Source Software Capital. Participation in the funding also came from Guillermo Rauch, Replit’s Amjad Masad, and RedHat’s Bob Young among others. ResearchHub to Deploy New Model of Funding According to ResearchHub co-founders Coinbase CEO Brian Armstrong and Patrick Joyce,…