ChainCatcher news, FOX reporter Eleanor Terrett posted on social media that former Acting Comptroller of the Currency (OCC) Brian Brooks has joined the board of MicroStrategy.Previously, Brian Brooks also served as the CEO of Binance US.

ChainCatcher news, Cardano founder Charles Hoskinson suggested Coinbase CEO Brian Armstrong as the best candidate for the proposed cryptocurrency policy position in Donald Trump's second administration. In a post on X on November 20, Hoskinson outlined the key qualifications for the "crypto czar," emphasizing neutrality, cross-protocol collaboration, and a solid grasp of the unique values of cryptocurrency. Hoskinson believes that Armstrong's leadership at Coinbase makes him an ideal choice. Under Armstrong's leadership, Coinbase has become the largest cryptocurrency exchange in the United States and one of the first publicly listed cryptocurrency companies:"Coinbase has grown to be one of the pillars of the cryptocurrency industry and has had to endure the unfair tactics of the government to impose regulation through enforcement. I know Armstrong can build a broad tent coalition to unite the entire industry and help us get the government to come together to take real action, including through new legislation."

ChainCatcher news, the first phase of MYX's incentive airdrop event "Cambrian" officially launched on March 4 at 14:00 UTC, lasting for 28 days, with a total of 20,000,000 MYX tokens distributed to community users through the incentive airdrop of the MYX mainnet product. During this period, users can participate in trading, holding MLP, forming or joining fleets, and other ways to earn GEMs to share in the MYX Token airdrop rewards through Arbitrum or Linea mainnet.Previously, MYX announced the "Origin Plan": this plan distributes 20% of the total token supply to community members and supporters through multiple rounds of incentive activities, totaling 200,000,000 tokens. The first phase of the "Origin Plan" airdrop event "Cambrian" has officially launched today.It is reported that MYX is a decentralized perpetual contract trading platform. Previously, the MYX testnet had 60,000 users participating and completed a $5 million seed round financing, led by HongShan, with participation from Consensys, Hack VC, OKX Ventures, Foresight Ventures, Redpoint China, HashKey Capital, GSR Markets, and others.

ChainCatcher news, the SEC has charged 51-year-old Brian Sewell, founder of the American Bitcoin Academy, and his company Rockwell Capital Management with defrauding students of their online cryptocurrency trading course. The defendants claimed that their hedge fund would use complex tools such as artificial intelligence to generate returns, and this fraudulent scheme resulted in a loss of $1.2 million for 15 students.Brian Sewell and his company Rockwell Capital Management have agreed to settle the fraud charges with the SEC. Rockwell Capital Management will pay $1,602,089, and Sewell will pay $223,229.

ChainCatcher news, Binance CEO Changpeng Zhao stated on social media that there are some speculations regarding the recent management changes at Binance.US. Brian Shroder has accomplished the goals he set when he joined the company two years ago, and now he should take a well-deserved break. Under his leadership, Binance.US raised funds, improved products and services, strengthened internal processes, and gained a significant market share, all of which contributed to building a more resilient company that benefits customers.Changpeng Zhao further stated that the crypto market is now in a different position, with a rapidly evolving and increasingly unfavorable regulatory environment. Former SEC, New York Federal Reserve Bank, Ripple, and DTCC executive Norman Reed is the best candidate to lead Binance.US.

ChainCatcher news, former U.S. Comptroller of the Currency Brian Brooks joins Hashdex as a strategic advisor, providing consulting in the regulatory field and working to build bridges between traditional finance and the cryptocurrency industry, signing agreements with global monetary organizations and legislators. It is reported that Brian Brooks previously served as CEO of Binance.US and mining company Bitfury Group. (Source link)

ChainCatcher news, according to CoinDesk, Andreessen Horowitz (a16z) has promoted former U.S. Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz to the position of policy chief.It is reported that after leaving the CFTC last year, Brian Quintenz has been serving as a consulting advisor in the crypto industry. He previously served as an advisor for Crypto.com and later joined the a16z Crypto advisory team to provide advice to a16z. Brian Quintenz stated, "Regulators need to provide better clarity for this space so that entrepreneurs, innovators, and technologists can follow clear rules, and right now, those rules are not clear." (CoinDesk)

ChainCatcher news, Coinbase co-founder and CEO Brian Armstrong stated on social media that the FTX incident "stressed me out a lot," and that Coinbase has no substantial contact with FTX or FTT (nor with Alameda). The FTX incident appears to be the result of risky business practices, including conflicts of interest between deeply intertwined entities and the misuse of customer funds (lending out user assets). Coinbase does not engage in such risky activities and will not use customer funds for anything unless instructed by the customer; users can withdraw their money at any time.Brian Armstrong reiterated the importance of compliance and regulation for cryptocurrency exchanges: regulators have focused on their respective domestic markets, while customers have shifted their attention to offshore businesses that are less transparent and carry greater risks. There should be continued collaboration with policymakers to establish reasonable regulations for centralized exchanges/custodians in each market. (Source link)

Chain Catcher news, OpenSea's Chief Financial Officer Brian Roberts announced his resignation, adding that he remains optimistic about the future of Web3 applications, especially OpenSea and its future market policies. Additionally, Roberts confirmed that he will continue to serve as an advisor to OpenSea in the future. (Source link)

Chain Catcher news, Coinbase co-founder and CEO Brian Armstrong stated at the MAINNET 2022 crypto conference that U.S. sanctions on open-source software are like permanently closing highways, ultimately punishing those who have done nothing wrong and leading to a decrease in people's privacy and security. Earlier this month, Coinbase supported Tornado Cash users in their lawsuit against the U.S. Treasury.In addition, Brian Armstrong revealed that there was hesitation before Coinbase went public, and discussions with other executives about the pros and cons of going public versus remaining private, but they ultimately decided to go public and take the mainstream stage. He mentioned that going public allowed Coinbase to raise funds quickly, but it also meant facing some unnecessary scrutiny and media coverage. (decrypt)