Exec steps down over $297M fines

On Jan. 28, KuCoin pleaded guilty to a United States judge for failing to implement proper anti-money laundering protocols and will now have to pay $297 million in fines. The China-based cryptocurrency exchange KuCoin violated U.S. regulations on money laundering and know-your-customer procedures and admitted guilt to one charge of “running an unlicensed money transmitting […]
Vivek Ramaswamy steps down from DOGE leadership role

Former presidential candidate Vivek Ramaswamy has decided to exit the Department of Government Efficiency just months after being appointed as co-leader. Ramaswamy’s decision to exit DOGE was announced hours after President Donald Trump officially began his second term in office, leaving Elon Musk as the sole leader of the cost-cutting advisory group. In a Jan. […]
Ethena head of growth Seraphim Czecker steps down

Seraphim Czecker, the head of growth at Ethena, has announced he is stepping down. Czecker shared the “big personal news” in a post on X, revealing that his exit as head of growth at the synthetic dollar protocol comes after an incredible journey that has seen the project grow into one of decentralized finance ecosystem’s […]
Crypto Council for Innovation CEO Sheila Warren steps down
Sheila Warren, CEO of the crypto advocacy group Crypto Council for Innovation, announced her decision to step down just a month before the Trump administration takes office. Source link
Vitalik Buterin shares the next steps for Ethereum Purge
Post Purge when fresh blocks are confirmed, a fully synced node won’t require historical data that is more than 365 days old. Source link