Tag: founder
dYdX founder claims targeted attack led to $9M insurance claim
Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov. 17. According to dYdX founder [...]
AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder
AI and machine learning (ML) is demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin miners are not [...]
Founder of Estonia's LHV Bank Lost Access to $472M of Ether
"It's no secret that I have a wallet with 250,000 Ethereum units," Lõhmus said in an interview with Estonian national radio channel Vikerraadio in lat [...]
LHV Bank founder has $470M worth of Ether, but lost his private key
The founder of Estonia-based LHV Bank, Rain Lõhmus, has been revealed as the owner of a massive 250,000 Ether (ETH) stash bought during the Ethereum I [...]
Deepmind founder: AI must not 'move fast and break things'
Google Deepmind co-founder Demis Hassabis said the AI industry should not adopt the Silicon Valley mantra.
www.bbc.co.uk [...]
'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.
www.coindesk.com [...]
Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four year [...]
Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg
Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion.
www.coindesk.com [...]
Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0
Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.On Oct. 26 [...]
FTX Founder Sam Bankman-Fried WIll Take the Stand in His Own Defense
Those executives, including Caroline Ellison, Nishad Singh and Gary Wang, testified against him after pleading guilty to various crimes of their own, [...]
FTX Founder Sam Bankman-Fried’s Defense May Depend on Character and Fact Witnesses
Weeks ago, Bankman-Fried’s lawyers filed their proposed list of expert witnesses – a roster that included several law experts, a finance professor and [...]
Panera Bread founder Ron Shaich new book criticizes IPOs
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall S [...]
CipherBlade Founder Says Blockchain Sleuthing Firm ‘Hijacked’
The Pennsylvania firm claims that a group of employees executed a “hostile takeover” of the company earlier this year while founder Richard Sanders wa [...]
Uniswap founder burns $650B HayCoin against speculation
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of [...]
ConsenSys AG Ex-Employees Take Equity Fight Against Ethereum co-Founder to U.S. Court
The filing alleges Lubin, a co-founder of the Ethereum blockchain, stripped ConsenSys AG, also known as Mesh, of its main assets – including crypto wa [...]