Top Binance Execs Leave Crypto Exchange Over Changpeng “CZ” Zhao’s Handling of DOJ Investigation: Fortune

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that have resigned, a source familiar with the matter told Fortune. In addition, Binance’s Global Vice President of Marketing and Communications Steve Milton left the company in June, according to his LinkedIn profile. Their departure follows Senior Director of Investigations Matthew Price’s recent decision to part ways with the exchange. Source

Top 5 dog-themed cryptocurrencies by market cap

Barking with community-driven enthusiasm and bone-rattling potential, dog-themed coins are forming a pack on the stage of emerging digital assets. In recent years, the cryptocurrency world has witnessed a surge in the popularity of dog-themed digital assets. These endearing tokens, which drew inspiration from the popular Doge meme, have swept the cryptocurrency industry by storm, enthralling both investors and enthusiasts. While Dogecoin (DOGE) holds the reins as the pioneer in this pack, other dog-themed coins have also emerged as formidable contenders, boasting impressive market capitalization and dedicated communities. It’s a…

GCR gains 40%, making its way to top 100 with scam numbers

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global Currency Reserve (GCR) just made its way to the top 100 cryptocurrencies with its significant surge over the past two months. However, data shows that a few accounts hold GCR. According to data provided by CoinMarketCap (CMC), the GCR price has grown by 1,075,939% since mid-May. The asset was developed in 2015, per the data, with a small surge in 2018, and has been wandering in the red zone for around four years. GCR’s price…

FTX Sues Former Compliance Officer for Enabling Top Management Fraud at Exchange

FTX is also seeking to reclaim the funds Friedberg received while working for FTX. FTX has filed a complaint in court that claims that Daniel Friedberg, one of its former top attorneys, was a major part of the fraud that company founder Sam Bankman-Fried and other top executives perpetrated. The complaint, which was filed in the US Bankruptcy Court in Delaware on Tuesday, claims that Friedberg acted as the company’s fixer on several occasions. That is, he was responsible for silencing, albeit with hush money payments, anyone that dared raise…

Circle and Sequoia were among top depositors at Silicon Valley Bank: Report

Stablecoin issuer Circle and venture capital firm Sequoia Capital were reportedly among the top 10 depositors at the collapsed crypto-friendly Silicon Valley Bank (SVB) in March. According to a June 23 report from Bloomberg, the Federal Deposit Insurance Corporation (FDIC) provided documents suggesting that Circle, Sequoia and others were covered for deposits in the billions of dollars. The Federal Reserve announced following the SVB collapse that it would work with the FDIC to make both insured and uninsured depositors whole — in most situations, the FDIC only insures up to…

Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg

Circle Internet Financial, which said at the time it had $3.3 billion in holdings at the bank, was followed in the list of top depositors by units of the bank itself, and then by tech-focused venture capital firm Sequoia with just over $1 billion, according to documents sent by the FDIC to Bloomberg under the Freedom of Information Act which were not redacted for commercially sensitive data, in an apparent mistake by the regulator. Source AidedBloombergCircleDepositorGovernmentRescueSVBTop CryptoX Portal

Stacks emerges top gainer with 10% surge despite market volatility

Stacks (STX) is currently leading the charge against the bears, with an impressive 10% gain in the last 24 hours amid heightened market volatility. Stacks is a blockchain protocol that leverages bitcoin’s security and state through the innovative proof-of-transfer (PoX) consensus mechanism. With this integration, Stacks seeks to enable smart contract capabilities on the bitcoin network and bolster scalability. Per data from price-tracking platform CoinMarketCap (CMC), STX, its native token, has been the biggest gainer among the top 100 assets by market capitalization in the past 24 hours. With a…

Flashbots Confirms Top Strategy Researcher Obadia to Depart Amid ‘Strategic’ Hiring Push

Flashbots has added 13 team members in the past six months, bringing the total size of the team above 50. Also joining Flashbots are Danning Sui, formerly head of data science at the decentralized finance infrastructure firm 0x; and Daniel Marzec, previously an engineer at Blocknative, another major MEV industry player. Sui will lead Flashbots’ data science team and Marzec joins as a research engineer. Source

Top US Crypto Exchange Coinbase Partners With Jack Dorsey’s Self-Custody Wallet Bitkey

Top US crypto exchange Coinbase plans to integrate Bitkey, a self-custody wallet developed by Jack Dorsey’s fintech company, Block. In a recent announcement, Coinbase says it has entered a global partnership with Bitkey in an effort to foster the growth of self-custody usage. Dorsey, the billionaire co-founder and former CEO of Twitter, plugged the new partnership online. “Buy Bitcoin from an exchange and move it to a hardware key you control.” News of the partnership comes in the wake of Bitkey’s announcement to open applications for its beta program that…

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…