ChainCatcher news, according to Cryptoslate, Cardano founder Charles Hoskinson has called for the Cardano Foundation to relocate to a jurisdiction that allows users to elect board members. He raised this issue in a post on social media platform X on December 18, while encouraging the Cardano community to inquire about the foundation's board structure and decision-making processes.The Cardano founder expressed concerns about the current arrangement, where board members are appointed by the Swiss government without community input. He also urged the community to ask questions about individuals related to the foundation's past decisions and its relationship with Intersect. In light of this, Hoskinson criticized the foundation for remaining in Switzerland instead of moving to regions like Abu Dhabi or Wyoming, which support more inclusive governance models. According to Hoskinson, this move would enable the community to collaborate with the foundation to establish a new structure that promotes transparency and member participation.The Cardano Foundation was established in 2016 and operates under Swiss law, which does not allow for community-based board elections. Meanwhile, as Hoskinson made his latest remarks, the organization continues to face criticism over governance issues, internal conflicts, and the marginalization of major donors.

ChainCatcher news, according to Globenewswire, U.S. publicly traded company Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of Bitcoin as a financial reserve asset. The board has authorized Banzai to use company funds to purchase and hold Bitcoin, up to 10% of the company's corporate financial accounts, to achieve diversification of financial assets and hedge against inflation.Banzai founder and CEO Joe Davy stated, "We believe that Bitcoin will diversify our assets and allow us to benefit from the potential long-term value of Bitcoin."It is reported that Banzai is a marketing technology company that provides essential marketing and sales solutions.

ChainCatcher news, publicly traded company Jiva Technologies announced that its board has approved the purchase of $1 million in Bitcoin as part of its reserve asset and corporate fund management strategy. Its CEO Lorne Rapkin stated that the inherent scarcity and limited supply of Bitcoin make it a modern hedge against inflation and a safe haven during times of economic uncertainty. The company will also closely monitor its Bitcoin holdings to ensure alignment with market conditions and the company's cash flow requirements.

ChainCatcher news, according to PR Newswire, the NASDAQ-listed company Anixa Biosciences, Inc. (NASDAQ: ANIX) announced that its board has approved the purchase of Bitcoin as a treasury reserve asset, aimed at diversifying the company's assets while allowing Anixa to benefit from the potential long-term value of digital assets.It is reported that Anixa is a clinical-stage biotechnology company focused on cancer treatment and prevention.

ChainCatcher news, reported by ACCESSWIRE, U.S. publicly traded company Interactive Strength announced that its board of directors approved the purchase of up to $5 million in Bitcoin, but not exceeding 25% of the company's average daily cash holdings over the previous three calendar months.In addition, the company plans to accept certain cryptocurrency payments, allowing customers to flexibly use digital currencies to purchase its products. As part of this plan, the TRNR board has approved keeping these crypto payments within the same limits as its treasury reserve assets, reflecting the company's confidence in the long-term potential and value of digital assets.It is reported that Interactive Strength is a manufacturer of innovative professional fitness equipment under the CLMB and FORME brands.

ChainCatcher news, Nasdaq-listed company Steakholder Foods Ltd. announced that its board of directors has approved the purchase of up to $1 million in Bitcoin or an index tracking cryptocurrencies.Steakholder Foods CEO Arik Kaufman stated, "As the demand for cryptocurrencies continues to grow and their acceptance as an asset class increases, we believe that Bitcoin or a diversified basket of cryptocurrencies including Bitcoin will become a strong financial reserve asset for the company. Given the recent approvals of cryptocurrency ETFs and the increasing support from institutional investors, cryptocurrencies can serve as a great complement to our financial strategy, aiming to provide practical value storage."It is reported that Steakholder Foods is a manufacturer of alternative proteins and 3D printing technology, and it is a company from Israel that is listed on Nasdaq.

ChainCatcher news, according to PR Newswire, the U.S. publicly traded company Hoth Therapeutics announced that its board of directors has approved the purchase of up to $1 million in Bitcoin.Hoth CEO Robb Knie stated, "With the continued growth of Bitcoin and its gradual emergence as a major asset class attracting investor attention and recognition, we believe Bitcoin will become a powerful financial reserve asset. With the recent approval of Bitcoin ETFs and the increasing activity of institutional investors, Bitcoin will serve as a strong complement to financial strategies. We believe that Bitcoin's anti-inflation characteristics may make it a reliable asset with value storage capabilities."

ChainCatcher news, according to Accesswire, the U.S. publicly traded company LQR House Inc. (NASDAQ: LQR) announced today that its board has approved the purchase of $1 million worth of Bitcoin as part of its capital management strategy. Additionally, the company will now accept cryptocurrency payments on CWSpirits.com, allowing customers to flexibly use digital currency to purchase alcoholic beverages. As part of this plan, LQR House has adopted a policy to hold up to $10 million in cryptocurrency payments as Bitcoin, reflecting the company's confidence in the long-term potential and value of digital assets. The press release stated that while Bitcoin will now be incorporated into LQR House's diversification strategy, the company remains firmly committed to its core business.

ChainCatcher news, Circle co-founder Jeremy Allaire announced that Bradley Horowitz has joined the Circle board.Bradley Horowitz is a seasoned product and business leader, entrepreneur, and renowned seed investor in Silicon Valley. Bradley was responsible for search and media infrastructure at Yahoo and led the development of several popular products at Google.Jeremy Allaire stated that Bradley's humility, enthusiasm, creativity, and wisdom will make significant contributions to the company, and he looks forward to working with him to advance the construction of a new infrastructure platform for the internet economy.

ChainCatcher news, the board of Guofu Innovation Co., Ltd. announced that its wholly-owned subsidiary, Fuqiang Securities Co., Ltd., has obtained the approval from the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset trading services to professional investors. Guofu Innovation stated that this move will expand the customer base, offer more diversified services, bring new revenue growth points, and promote the synergy among various business segments of the group, contributing to the achievement of long-term development goals.

ChainCatcher message, Musk commented on the voting results on "Should Tesla invest $5 billion in xAI" on X: "It seems that the public is still in favor. Will discuss with the Tesla board."

ChainCatcher news, the board of the Central Bank of the United Arab Emirates (CBUAE) has approved the release of regulations for the licensing and regulation of stablecoins, which clarify the issuance, licensing, and regulation of payment tokens backed by the UAE Dirham (AED). UAE lawyers stated that payment tokens must be backed by the UAE Dirham (AED) and cannot be pegged to other currencies, digital assets, or algorithms. Merchants and service providers can only accept AED-backed tokens and cannot accept other virtual assets.

ChainCatcher news, according to The Block, Lindsey Haswell, the Chief Legal and Administrative Officer of Web3 payment infrastructure company MoonPay, has been appointed to the board of iShares Delaware Trust Sponsor LLC by BlackRock Asset Management International Inc. She will replace Kimun Lee, who will resign on November 6, 2024.It is reported that before joining MoonPay, Haswell held the same position at Blockchain.com. Haswell is also a founding member of Core Blockchain and a contributor to Core Dao.

ChainCatcher news, according to CoinDesk, Binance.US has appointed former New York Fed compliance chief Martin Grant to its board.It is reported that Martin Grant served as an officer at the Federal Reserve Bank of New York and held the position of Chief Compliance and Ethics Officer for 17 years.

ChainCatcher news, according to Bitcoin.com, Binance CEO Richard Teng outlined the company's future plans during an interview with CNBC on Tuesday. Previously, Binance had reached a settlement with U.S. authorities, including the Department of Justice (DOJ).When discussing concerns raised by the company's past practices, Teng stated that the allegations against Binance involve activities from the "very early stages" of the company's development, when "the rules were just emerging" and "not clear." He emphasized, "But as the company matures, we have moved beyond that stage... We are focusing on sustainability; the direction of development is very clear, which is to achieve more compliance, and that is why we are building a very robust compliance program."Recently, Binance established its first board of directors, a decision that has drawn attention due to the majority being internal personnel, with only a few non-executive directors. Teng defended the decision, emphasizing that the board needs to have a deep understanding of Binance's unique business model. "In terms of how to lead the company forward, this is a good combination of internal and external opinions."Additionally, Binance has not yet decided on the location of its official global headquarters. Teng confirmed that Binance is considering several options, but he noted that choosing the right location is a "very careful process." He pointed out that selecting the right location "is not easy," emphasizing that the company needs to find a jurisdiction with a regulatory framework that can "accommodate the breadth and depth of our products," serve its users, and "whether we can establish more headquarters personnel there." Paris had previously been mentioned as a potential global headquarters location.

ChainCatcher news, according to Bloomberg, Binance has appointed its first board members, including three independent directors and four internal executives. Gabriel Abed, who previously served as the Ambassador of Barbados to the UAE, has been appointed as the chairman of the board. The other members include CEO Richard Teng and three other company executives Heina Chen, Jinkai He, and Lilai Wang.It is reported that the other two external members are Arnaud Ventura, managing partner of investment firm Gojo & Co, and Xin Wang, CEO of Bayview Acquisition Corp. According to the Abu Dhabi Global Market website, these appointments took effect on March 7.

ChainCatcher news, Guofu Innovation announced that its board has approved a budget of HKD 5 million for the group's investments related to cryptocurrency and virtual asset funds in the year following the date of this announcement. This budget will primarily be used to purchase cryptocurrencies (mainly including Bitcoin) on regulated and licensed trading platforms; and to subscribe to Hong Kong compliant virtual asset funds (i.e., virtual asset funds whose fund managers are recognized to engage in regulated activities under the Securities and Futures Ordinance, and are approved to invest more than 10% of the total asset value of the portfolio in virtual assets or indirectly invest in virtual assets).

ChainCatcher news, according to The Information, OpenAI CEO Sam Altman will rejoin the company's board of directors.In addition, former head of the Bill & Melinda Gates Foundation Sue Desmond-Hellmann, former Sony Entertainment executive Nicole Seligman, and Instacart CEO Fidji Simo will also join the board.

ChainCatcher news, the board of directors of OSL Group (863.HK, formerly BC Technology Group), the parent company of the licensed virtual asset trading platform OSL in Hong Kong, has issued an announcement, which mainly includes: the completion of the issuance of new shares under special authorization; changes in directors, changes in the CEO, changes in the chairman, changes in authorized representatives, and changes in the composition of the board committees; change of company name; change of company logo. Among the board members, the executive directors are Mr. Pan Zhiyong (Chairman and CEO), Mr. Gao Zhenshun, Ms. Xu Kang, Mr. Yang Chao, and Mr. Diao Jiajun; the independent non-executive directors are Mr. Zhou Chengyan, Dr. Yang Yu, and Mr. Xu Biao.At the same time, OSL Group officially launched its 2024 globalization strategy, which will focus on four strategic pillars: global business expansion, service innovation, collaborative digital financial development, and adherence to regulatory compliance.