- Fidelity Digital Assets expects to add about 100 additional people over the next three to six months
- Founder of several media and technology companies joins a16z as a senior advisor
Binance Hired a former FBI agent BJ Kang As the first Chief of Investigations to build the company’s internal investigations infrastructure.
The CEO was appointed in partnership with US law enforcement, regulators and industry peers to mitigate crypto-related criminal activity on the platform.
After spending nearly two decades with the FBI, Kang has spent the past seven years in Washington with the agency’s Cybercrime Division — investigating insider trading and online money laundering, as well as hackers targeting crypto companies and TradFi. Both.
“Close coordination between the crypto industry and relevant law enforcement agencies to identify and punish bad actors is required to increase trust and enable the crypto ecosystem to continue to grow,” Kang said in a statement.
Reuters reported Last month, US authorities were investigating whether Binance had violated the Banking Secrecy Act, which sets out anti-money laundering reporting requirements for banks and other financial institutions. A spokesperson told Blockworks that the company works with regulators regularly to deal with such inquiries.
Binance.US has boosted the number of employees in its Legal, Compliance and Risk units by 145% in the past year. It hired Sydney Magalia, a former CEO of Intel, and Tammy Weinrib, a former Societe Generale president, as its chief risk and compliance manager, respectively, during that time.
c. B. Morgan Chase He added an executive director of digital asset regulation policy this month, though CEO Jamie Dimon continues to try to get in the general direction of all things crypto.
Iovine and a JPMorgan spokesperson did not respond to requests for comment.
Meanwhile, Dimon described cryptocurrency as a “decentralized Ponzi scheme” in testimony to Congress last month.
Job advertisements indicate that the company has not finished hiring — usually, at least — as JPMorgan has Looking for a digital asset advisor in New York.
digital asset platform holding on hired Christopher Sedentov As Head of Research Sales.
The CEO has been appointed to oversee the distribution of institutional crypto research for Uphold, and has also been tasked with exposing clients for its digital asset execution platform.
Siedentopf joined from Börse Stuttgart where he headed institutional sales. Previously, he worked in similar sales positions for Deutsche Bank and Bank of America Merrill Lynch.
Venture capital firms add talent
Richard Rosenblatt join a16z As a Senior Consultant for Web3 Media. This sector has recently increasingly become a focus area for a wealthy venture capital firm.
Rosenblatt has founded several media and technology companies, including iMall, Intermix/Myspace, and Demand Media. He is also the president of ADIM and Autograph – two a16z encoders.
Chris Dixon, general partner of a16z, said in a blog post Monday that large centralized social networks, and their advertising business models, have taken a toll on creators and the media.
“As we continue to invest in founders and startups looking to shape this future of web3, we want to bring some of the leaders at the heart of the media, entertainment and content creation industries,” said Dixon. “I am happy with that [Rosenblatt] It will now be an invaluable resource for our portfolio companies.”
BITKRAFT projects Promotion Carlos Pereira To partner with to lead the company’s investments at the intersection of Web3 and gaming.
He will be tasked with communicating with the company’s founders and helping BITKRAFT Ventures portfolio companies navigate the complexities of the emerging sector.
Pereira, who previously worked at investment firm Eldridge, said he met the founders of BITKRAFT in 2018.
“I am honored to move forward in spearheading our efforts at Web3, which is quickly becoming a major talent vortex for brilliant entrepreneurs to build a new foundation for how complex online communities can thrive,” Pereira said in a statement.
Crypto Venture Capital Corporation 1 kilo (x) A former ETP Source executive has been named as its newest partner.
Diana Bigs Most recently, he was Valor’s Chief Strategy Officer, as well as CEO of the company’s digital asset ETP business. Prior to that, Bigs held the title of Head of Global Innovation at HSBC Private Bank.
1k(x) has over 80 crypto and Web3 companies in its portfolio and typically invests between $250,000 and $20 million in early stage projects.
In a statement, Biggs said her new employer was a “pioneer” in crypto investing and “community first,” playing a key role in her decision to join.
Curtis and Tippi joined venture capital firm Core Scientific, where they were CTO and Senior Vice President of Product and Engineering, respectively.
The two also co-founded blockchain technology company Radar, which was sold last year to mining firm Blockcap. Blockchain previously invested in Radar.
“We led two funding rounds, sat on their board of directors, and completed a successful acquisition together,” Blockchain Co-Founder Bart Stevens said in a statement. “Now we are ready to invest in them again, this time as investors, building our platform and engineering teams.”
Fidelity digital assets She expects to add about 100 more people to her team over the next three to six months, according to Chris TerrierPresident of Fidelity Digital Asset Management and Fidelity Digital Assets Europe.
The comments, which came during a panel discussion at Blockworks’ Digital Asset Summit in London on Tuesday, came after the company revealed in May that it It seeks to double the number of its employees By the end of the year it added 210 people to its strength.
Tyer said the employment landscape in space looked very different a year ago during the crypto bull race.
“We were losing people in terms of job offers to some tech companies that were willing and able to pay wages above expectations,” he said. “I think that has definitely calmed down, so now… the hiring is a lot clearer, but I think that will change again in the future.”
Hong Kong-based Crypto Asset Manager Xalts It aims to have eight employees by the end of the month and is looking to increase its headcount to 30 people by the end of the year, eFinancialCareers reported.
Ashutosh JewelA former fixed income trader at HSBC, he co-founded Xalts in July with the former CEO of Meta Supreme Kor. Citi Ventures and Accel co-led a $6 million project round earlier this month, According to Bloomberg.
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