Tag: CEO

SushiSwap CEO proposes new tokenomics for liquidity, decentralization

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Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal introduced on Dec. 30 in the Sushi’s forum. As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based rewards, as well as a token burning mechanism and a liquidity lock for price support. The new tokenomics aims to boost liquidity and decentralization in the platform, along with strengthening “treasury reserves to ensure continual operation and development,” noted Grey. In the proposed model, Liquidity…

Bitcoin Miner Bitfarms Appoints Its Chief Operating Officer Geoffrey Morphy as New Boss After CEO Resigns

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“In a little over two years, Geoff helped transform Bitfarms from a purely Canadian company trading on the TSX Venture Exchange with five farms in Quebec to an international powerhouse traded on both the Nasdaq and TSX with ten operating farms in four countries driving over 4.4 exahash/second (EH/s) today,” said Bonta in the statement. Original

CEO Emilian Ciocanea on GoldFever, and How it Blends Realism and Skills to Offer a Fresh P2E Experience

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GoldFever is a play-to-earn game that stands apart from the rest by offering a completely new gaming experience in combination with plenty of monetization opportunities. We recently caught up with GoldFever’s CEO Emilian Ciocanea to learn more about the game. In the interview, Emilian explains their vision and the journey so far. NewsBTC: Hi Emilian, let us begin by introducing you to our readers. Can you please tell us more about the journey that led you to GoldFever? Emilian: First of all, a warm hello to your readers – we…

3Commas CEO confirms API key leak following warning from CZ

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Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform. I am reasonably sure there are wide spread API key leaks from 3Commas. If you have ever put an API key in 3Commas (from any exchange), please disable it immediately. Stay #SAFU. — CZ Binance (@cz_binance) December 28, 2022 The disclosure by CZ followed an incident on Dec. 9, when Binance cancelled the account of a user who…

BitKeep CEO says some users’ private keys remain at risk after exploit

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According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular noncustodial, decentralized finance multichain wallets with over 6 million users. Specifically, Como wrote: “This was a large and atrocious hacker attack incident. The BitKeep APK 7.2.9 (Android Package Kit) installation package was hijacked and…

Where in the World Is Ex-Alameda CEO Sam Trabucco? – Bitcoin News

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Following FTX co-founder Sam Bankman-Fried’s arrest and the statements from his co-workers Gary Wang and Caroline Ellison, the spotlight has turned on the remaining executives who were part of the team’s inner circle. Another person people are curious about these days is Alameda Research’s ex-co-CEO Sam Trabucco. The 30-year-old executive left Alameda in Aug. 2022, but since Ellison detailed misconduct happened in 2019, it’s assumed that Trabucco knows a thing or two about what happened. Spotlights Remain on a Few More FTX and Alameda Execs Like Sam Trabucco Since Sam…

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

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Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments. In a transcript of proceedings for her plea deal in the Southern District of New York released on Dec. 23, Ellison acknowledged the financial ties between FTX and Alameda at the center of prosecutors’ case against former FTX CEO Sam Bankman-Fried. According to the former Alameda CEO, Alameda had access to a “borrowing facility” through FTX from…

Ripple CEO Brad Garlinghouse Criticizes ‘Double Standard’ in Wells Fargo Fine Case Compared to FTX Crash

The CEO of Ripple recently suggested that Wells Fargo did not receive the ‘FTX treatment’ despite exploiting its customers.  Ripple CEO Brad Garlinghouse recently likened the recent Wells Fargo fund management fiasco to the collapse of FTX. However, Garlinghouse disapproved of what he perceived as a hypocritical reaction to Wells Fargo’s case. According to the Ripple CEO, the leading American bank’s $3.7 billion fine for mismanaging customers’ interests was on the same scale as FTX’s monumental fall. However, Garlinghouse says the outrage directed at Wells Fargo turned out to be barely noticeable compared to the sunken crypto…

Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

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Amid the heated-up news steam about the FTX drama, Ripple CEO Brad Garlinghouse has tried to turn the public’s attention to another case regarding the misdeeds of traditional finance. A $3.7 billion fine for mismanagement at Wells Fargo bank was treated as, in Garlinghouse’s words, “barely a blip on the radar.” Ripple CEO expressed his concern with the lack of public attention to the Wells Fargo case in his tweet on Dec. 21: The world is (appropriately) outraged by SBF and FTX’s fraud, but when Wells Fargo mismanages billions in…

Court Approves FTX CEO SBF’s Extradition from Bahamas to US

The former crypto billionaire could face life imprisonment if the government pursues wire or bank fraud charges.  Former FTX CEO Sam Bankman-Fried, who was arrested by the Bahamian authorities, has reportedly been flown to the US after a judge approved his extradition from the Bahamas. The ex-crypto billionaire would be handed to law enforcement agencies upon getting to the US. Popularly called SBF, the crypto exchange boss was arrested on the 12th of December. This came after the Office of the US Attorney for the Southern District of New York…