ChainCatcher news, Yassine Elmandjra, head of digital assets at Ark Invest, announced his departure on the X platform.He stated that today is his last day after more than six years with the company, and he expressed gratitude for the experiences and memories with CEO Cathie Wood and the ARK Invest team.

ChainCatcher news, three executives from the crypto-friendly bank Evolve Bank & Trust have left the institution following setbacks, including a cybersecurity breach in May and law enforcement actions in June. Reportedly, the bank's Chief Credit Officer, Chief Financial Officer, and Chief Loan Officer for Open Banking have departed.The exit of these three executives is undoubtedly a blow to Evolve Bank & Trust, which provides behind-the-scenes banking services for several crypto-friendly fintech companies. According to Evolve's website, its partners include Mercury, which offers banking services to startups (including Web3 companies), and Stripe, which provides payment processing and crypto gateways.On August 6, Evolve announced that it had been targeted by a ransomware attack from the criminal organization LockBit, which accessed and downloaded customer information from its databases and file shares during February and May. Evolve refused to pay the ransom, resulting in the data being leaked.Additionally, in June, the Federal Reserve Board (FRB) initiated enforcement actions against the bank due to deficiencies in anti-money laundering, risk management, and consumer compliance, requiring Evolve to strengthen its risk management practices to address compliance and fraud risks.

ChainCatcher news, three executives including Compound's CEO and CTO have left to establish a new DeFi protocol called Legend, which aims to bring the next 100 million users on-chain by building the best DeFi interface in the world.According to reports, its founders Jayson Hobby previously served as Compound's CEO; Geoffery Hayes was the founder and CTO of Compound; Mykel Pereira was the Vice President of Product at Compound.Additionally, the Web3 asset data platform RootData shows that Legend is a mobile-first decentralized finance protocol. Users can trade, earn, and borrow digital assets instantly and seamlessly without the need for a centralized party.

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) officially announced that policy director Heather Slavkin Corzo will be leaving the agency. Corey Klemmer, who recently served as a corporate finance advisor to SEC Chairman Gary Gensler, has been appointed as the policy director.Gensler stated, "Over the past three years, Heather has been one of my most trusted advisors, providing sound advice and managing a policy agenda that has strengthened protections for the investing public and enhanced issuers' capital formation pathways through various achievements, from money market fund reform to shortening settlement cycles to strengthening corporate disclosures of significant cybersecurity incidents. I wish her the best."

ChainCatcher news, according to CoinDesk, Ripple's crypto custody company Metaco has lost five more executives and marketing team members after the departure of its CEO and Chief Product Officer in February.Sources revealed that Metaco's Chief Technology Officer and Chief Customer Officer Angel Nunez, Sales Director Craig Perrin, Marketing Manager Mei Li Powell, Product Marketing Director, and Marketing Officer Gene Peterson and Rahul Mudgal have also left the company.

ChainCatcher news, Navin Gupta, who served as the Managing Director for Ripple in South Asia, the Middle East, and North Africa, announced his departure from Ripple. Gupta joined Ripple in 2017 and has worked there for 7 years.According to LinkedIn, Navin Gupta worked at Citigroup for 4 years and at HSBC for 10 years before joining Ripple.

ChainCatcher news, according to The Block, two insiders revealed that there has been an increase in departures at Qredo in recent weeks as the cryptocurrency custody company intensifies efforts to enhance the value of its equity business and create utility for its tokens. Sources say that Qredo requested one of its founding team members, Benjamin Whitby, to leave; his most recent position was Vice President of Strategic Partnerships.Whitby confirmed his departure to The Block, stating, "I’m sad to be asked to leave," and that he "would absolutely go back" if invited. Whitby remains a shareholder of Qredo, having "invested from day one." Additionally, Dan Burke, Qredo's head of Asia-Pacific, resigned to seek other opportunities. Burke confirmed his departure, stating that his last working day at Qredo was January 26, and that Dae Lee, Qredo's Asia-Pacific Sales Director, will take over his role.Qredo asked Vice President of Marketing and Operations Luis Vaello to sign a new contract. However, sources say Vaello declined and joined the Qredo Foundation, which is dedicated to enhancing the value of the QRDO token. Vaello confirmed his departure and new role, stating that he is now focused on helping Qredo Network transition to the next phase called Fusionchain.

ChainCatcher news, DeFi protocol Opyn's CEO zubin koticha stated on the X platform that due to regulatory actions against Opyn, zubin koticha and co-founder Alexis Gauba will leave the crypto space.zubin koticha has resigned as CEO, and Research Director Andrew Lwone will take over as Opyn CEO.

ChainCatcher news, Nana Murugesan, Vice President of International and Business Development at Coinbase, posted on LinkedIn that he will leave Coinbase in the first quarter of next year and will serve as an advisor to Coinbase until July 2024 to ensure a seamless transition and complete board responsibilities.

ChainCatcher news, according to Bloomberg citing informed sources, Gemini Trust Co. Global Chief Technology Officer Pravjit Tiwana will leave the company this month.Tiwana also served as the Chief Executive Officer for Gemini in the Asia-Pacific region. He joined Gemini in January 2022, with responsibilities including overseeing product, engineering, and design, and establishing the company's operations in India. Before joining Gemini, he worked as a general manager at Amazon for over six years. Earlier this year, former Gemini Chief Operating Officer Noah Perlman also left to join Binance.Currently, Gemini is facing strict regulatory scrutiny, with the U.S. Securities and Exchange Commission (SEC) accusing Genesis and Gemini of issuing and selling securities without registration. Last month, the New York Attorney General filed a lawsuit against Gemini and DCG for allegedly defrauding customers of $1.1 billion.

ChainCatcher news, reporters from The Paper learned from multiple informed sources that several core business leaders at PICO have recently resigned or been reassigned. In the first half of this year, PICO Vice President Ren Lifeng has effectively been in a state of resignation, having long ceased to be responsible for PICO's business management, but still holds a position within the company. According to informed sources, Ren Lifeng will officially resign at the end of this year.Currently, PICO's internal business is mainly divided into the marketing department, hardware department, OS product department, content culture department, and social center, with a significant number of employees being laid off or resigning voluntarily. According to internal employees, PICO previously had over 2,000 employees at its peak, with about 2/3 of the marketing department staff having left, and a slightly lower turnover rate in the technical department. The total number of employees who have left is now close to half of the peak period.Later that day, a relevant person in charge at PICO responded to The Paper, stating that the company will maintain normal product operations and continue to strengthen its investment in product technology.

ChainCatcher news, according to The Block, Binance UK's head Jonathan Farnell has left at the end of September.Farnell joined Binance in 2021 from retail trading company eToro, where he served as compliance lead. He was later appointed as the head of operations for Binance UK and in March 2022 was appointed as the CEO of Binance's newly launched payment company Bifinity.

According to ChainCatcher news and Cointelegraph, Stéphanie Cabossioras has resigned as the Executive Director of Binance France, becoming at least the 10th executive to leave Binance this year.Cabossioras joined Binance in April 2022 as the Legal Head of the cryptocurrency exchange's French division and was promoted to Executive Director in November of the same year.

ChainCatcher news, according to PitchBook News, Pantera Capital President and Managing Partner Jasper Lewitton has reportedly left the company.It is reported that his information has been removed from the Pantera Capital official website, and there is no mention of any association with Pantera Capital on his personal LinkedIn page. The specific reason for Jasper Lewitton's departure is still unclear, and neither he nor Pantera Capital has responded.

ChainCatcher news, according to Decrypt, Warner Music Group's Chief Digital Officer Oana Ruxandra has resigned this week and will announce her next steps. Ruxandra has reportedly been advancing Warner's integration with emerging technologies such as blockchain and AI over the past three years, and has formed innovative partnerships with well-known blockchain organizations such as Polygon Labs, OpenSea, LGND Mudic, and The Sandbox.Additionally, although the reasons for Ruxandra's departure have not been made public, it seems unlikely that Warner will adjust the core position of NFT and AI in its current business strategy.

ChainCatcher message, Binance founder Zhao Changpeng stated at an internal event: "Although many people have been talking about the departure of many senior executives from Binance recently, there are also many new people joining Binance, and in the past few months, we have added about six to seven hundred people. We hope to attract more talent to join this industry or join Binance."Zhao Changpeng also stated: "Decentralization may be a very important core in the future, and now due to centralization, we are under too much pressure."

ChainCatcher news, according to a report by The Wall Street Journal citing informed sources, Helen Hai, who has served as an executive at Binance since 2018, has left the company. Hai was recently responsible for leading Binance's global fiat currency business, which involved working with payment processing companies and banks to ensure that customers could exchange US dollars and other traditional currencies for digital currencies. Due to investigations by financial regulators into Binance, some fiat service providers have severed ties with the trading platform.However, as of now, Helen Hai's LinkedIn page still shows her as the head of Binance's global fiat business and the chairwoman of the Binance Charity Foundation, indicating that she has not yet left.

ChainCatcher news, Binance's Head of Eastern Europe and Russia Gleb Kostarev and Binance's General Manager for Russia and the CIS Vladimir Smerkis announced their resignations on Facebook one after another.

ChainCatcher news, Bloomberg cites sources saying that Binance's head of Asia-Pacific, Leon Foong, has left the company. It is reported that Foong previously led Binance's expansion into markets such as South Korea, Japan, and Thailand.Recently, following a series of allegations against Binance by regulators in the U.S. and Australia, several Binance executives, including Chief Strategy Officer Patrick Hillman and General Counsel Hon Ng, have also departed.