cryptocurrency trends

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Coinbase slows hiring to help weather market downturn

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Cryptocurrency exchange Coinbase has reined in a plan to triple its headcount this year in response to turbulent market conditions. Emilie Choi, Coinbase’s president and chief operating officer, said in a blog post on Tuesday that the firm would be slowing hiring to “reprioritize our hiring needs against our highest-priority business goals.” The note had been circulated among staff earlier. “Heading into this year, we planned to triple the size of the company. Given current market conditions, we feel it’s …

 Crypto VC firm Paradigm communications chief Jim Prosser to step down next month

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Jim Prosser, head of communications at crypto venture capital firm Paradigm, said early this morning via Twitter that he would be leaving the company after working there for about a year. “Personal news,” said Prosser’s post, “I’m leaving @paradigm later next month. The past year has been an incredible learning experience alongside the smartest team in all of crypto investing, but I want to take a pause after a decade of demanding roles.” He previously worked as a communications executive …

Visa’s global head of fintech and crypto leaves to take CEO role at DriveWealth

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Visa’s global head of fintech and crypto, Terry Angelos, is leaving the financial services company to take over as CEO of mobile trading tech company DriveWealth, according to CNBC. DriveWealth was founded in 2012 and is based in Jersey City. Angelos will take on the role starting next week. “If you were to think about the single, most reliable long-term asset that people around the world want to own, it’s equity in U.S. companies,” Angelos told CNBC. “Traditionally, people outside …

Bitstamp appoints new CEO after Julian Sawyer’s sudden departure

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Crypto exchange Bitstamp announced on Monday that CEO Julian Sawyer has left the company, with Europe CEO JB Graftieaux promoted to replace him. Sawyer, who had been in the role for 18 months, has “decided to pursue other opportunities,” Bitstamp wrote in a statement on Monday, confirming reports from The Block on Saturday. Graftieaux served as Bitstamp’s chief compliance officer between November 2014 and February 2016 before he left for a five-year stint at eBay, according to his LinkedIn profile. …

NFT project Doodles appoints former Billboard executive as new CEO

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Julian Holguin, former executive at Billboard, is the new CEO of Doodles, a community and collection of 10,000 NFTs. “Julian will work alongside the founders of expand Doodles IP through music, gaming, and entertainment, while deeply integrating culture into the product,” Doodles tweeted on Friday afternoon. “In the coming weeks, we will introduce you to the next phase of Doodles — Groundbreaking projects, transformative partnerships and a full reveal of our vision & roadmap,” the tweets continue. Holguin also confirmed …

Revolut’s new crypto head departs as it gears up for digital assets push %

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Revolut’s head of crypto has left the company for an as-yet unannounced destination.  Jean Meyer joined the neobank last September as part of Revolut’s first acquisition of start-up Wanted, a recruitment marketplace. He progressed from head of product to head of crypto in January, according to his LinkedIn page. Meyer replaced the incumbent head of crypto, Ed Cooper.  Sources familiar with the matter said Meyer had taken over the post from Cooper months before it appeared on LinkedIn.  While Meyer …

Marshall Wace makes new hire for digital assets team: Bloomberg

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Hedge fund Marshall Wace has begun bringing in new talent for its digital assets team as it prepares to push into blockchain investments.  The London-based firm, which manages about $60 billion, hired William Benattar for its crossover investment fund, Bloomberg first reported, citing people familiar with the matter. Benattar previously worked for Nick Candy at Candy Capital, where he headed up tech investments. In his new role he will focus on digital finance and private market investments, including funds, according …

Key crypto hires, exits and moves: April 2022

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Quick Take There was a big focus on regulatory hires last month, with many big steals from regulatory agencies. There was also a lot of marketing activity, as crypto firms splurge on sports advertising. This feature story is available to subscribers of The Block News Plus. You can continue reading this News Plus feature on The Block.

Fidelity’s digital assets executive Christine Sandler exits firm to join a crypto investment firm

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Christine Sandler, former executive at the crypto division of asset manager Fidelity, has left the firm for a new position as general partner at crypto asset investment firm Walden Bridge Capital. Sandler announced the news via her LinkedIn.  Sandler was at Fidelity for just over 3 years as the head of sales and marketing for its digital assets division. In an interview last year with The Block, Sandler shared that the crypto unit experienced 4x growth during 2020.  “Our overall account growth …

Crypto.com hires Visa alum as new VP of policy for Europe, the Middle East and Africa

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Exchange and service provider Crypto.com has hired Visa’s Head of regulatory affairs for Europe as its new Vice President, Policy and Engagement for Europe, the Middle East and Africa (EMEA).  Roeland Van der Stappen revealed his move to the crypto firm today on LinkedIn.  “Looking forward to dive into #crypto and #Web3 policy issues and begin sharing all the great things my colleagues are working on,” he wrote in his announcement post. Van der Stappen is based in Brussels, according …