South Korean Politician Quits Party Over Crypto Scandal

South Korean Politician Quits Party Over Crypto ScandalA member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other irregularities. Lawmaker Leaves South Korean Opposition Party Over Crypto Holdings Kim Nam-kuk, […]

Go to Source

Powered by WPeMatico

Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 weeks’Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. […]

Go to Source

Powered by WPeMatico

Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread

Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter ThreadThe former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. In the Twitter […]

Go to Source

Powered by WPeMatico

Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter

Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini's Cameron Winklevoss With Shareholders LetterBarry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to step down as CEO. Silbert shared his letter on Twitter and said he had […]

Go to Source

Powered by WPeMatico

Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office

Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s OfficeThe director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in the winter. Iran Stock Exchange CEO Loses Job for Illegal Crypto Mining Under […]

Go to Source

Powered by WPeMatico

Tron’s Steemit Acquisition Exposes Delegated-Proof-of-Stake Centralization

Tron's Acquisition of Steemit Exposes Delegated-Proof-of-Stake CentralizationThe Steemit community is mired in controversy over the recent Tron takeover that managed to change the Steem blockchain’s governance. Steem witnesses attempted to soft fork the blockchain on February 24 to remove the powerful voting power Tron and Steemit hold. However, the soft fork wasn’t able to prevent the Tron takeover and Steemit community […]

The post Tron’s Steemit Acquisition Exposes Delegated-Proof-of-Stake Centralization appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico