ChainCatcher news, according to ThebBock, Florida Chief Financial Officer Jimmy Patronis stated during an interview with CNBC on Thursday that the state's portfolio holds approximately $800 million in crypto-related investments. He would not be surprised by an increase in this number if former President Trump is re-elected next month.Earlier this week, Patronis mentioned in a letter that Florida should invest a portion of the state pension fund into cryptocurrency.

ChainCatcher news, Catizen co-founder and CFO Ricky confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by Soso Value. It aims to bring together elites in the Web3 field to exchange insights about the industry, and it is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight list, which will objectively evaluate influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, OpenAI CFO stated that they are actively discussing how to balance the value required by customers with OpenAI's operational costs, especially in terms of computing expenses. OpenAI's investment financing for advanced models can come from two sources: free cash flow generated by the business or through raising equity and debt financing, emphasizing the long-term potential for investors. OpenAI's consumer business is experiencing significant growth, accounting for about 75% of overall operations, while the enterprise sector, although still relatively young, has generated considerable annual revenue. Maintaining an open attitude towards adding new business models within the existing framework is crucial, as this can ensure that as many users as possible have access, which may require a shift from a purely subscription model.OpenAI discussed the possibility of a potential deal with Oracle as a starting point to maximize computing capabilities and enhance consumer influence. To effectively compete for top research talent in a highly competitive market, OpenAI has implemented a liquidity program inspired by strategies from industry leaders like SpaceX. (Jinshi)

ChainCatcher news, according to CoinDesk, Switzerland-based cryptocurrency market maker Portofino Technologies received approval from the UK's Financial Conduct Authority (FCA) earlier this year to serve institutional cryptocurrency clients in the UK. However, in recent months, the company has experienced significant employee turnover following the dismissal of its co-founder and chief financial officer.In July, Portofino's chief operating officer and co-founder Alex Casimo and chief financial officer Jae Park were both fired. This subsequently triggered the resignations of strategic and operations head Vincent Prieur, global business development head Shane O'Callaghan, and a large number of the company's employees.Insiders revealed that since the dismissal of these two executives, 10 to 12 people have left or are in the process of leaving, accounting for 30%-40% of the company's total workforce at that time.

ChainCatcher news, according to official sources, the digital asset technology and trading company BlockFills, aimed at institutions and professional traders, has appointed Amy Shelly as Chief Financial Officer (CFO).The team stated: "The company is preparing to open international offices, expand BlockFills' product offerings, and position itself for significant growth in the institutional digital asset space. Shelly has over 30 years of experience in financial services management, including six years as Chief Financial Officer of the Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization. Shelly is a licensed CPA and has received numerous accolades."Additionally, founding partner Neil Van Huis has been promoted to Chief Strategy Officer.

ChainCatcher news, according to Jinshi reports, the CFO of American Express stated that the Federal Reserve's rate cuts are insufficient in magnitude and timing to affect consumer patterns.

ChainCatcher news, according to Jinshi reports, Goldman Sachs CFO Denis Coleman believes that the Federal Reserve's recent decision to cut interest rates by 50 basis points, a significant easing move, despite raising concerns among some market analysts about inflation and recession risks, still lays a solid foundation for a soft landing of the economy.He stated, "This first 50 basis point cut is a clear sign of a new direction. I hope this can boost confidence, lower the cost of capital, and possibly stimulate strategic activity as we approach the end of the year." The Federal Open Market Committee (FOMC) unexpectedly voted to lower its key overnight lending rate to a target range of 4.75% to 5%.

ChainCatcher news, Coinbase's CFO stated that Kamala Harris's campaign team is using Coinbase to accept cryptocurrency donations.

ChainCatcher news, the "FireNow" Asia Web3.0 Institutional Summit hosted by New Fire Technology Holdings Limited (referred to as "New Fire Technology", stock code: 1611.HK) officially opened at the Ritz-Carlton Hotel in Hong Kong. At the event, Zhang Li, Executive Director and CFO of New Fire Technology, delivered a keynote speech on the topic "Thoughts on Web3 from a User Perspective."Zhang Li analyzed on-site that the needs confirmed by Web3 users so far can be divided into three categories: 1. Payment, which addresses some cross-border/convenient/poor region payment issues; 2. Speculation/Investment: redistributing wealth with a huge technological backstory; 3. Web3 Native: mining machines, oracle, stablecoins, wallets, etc., supporting the construction of Web3 infrastructure.Zhang Li believes that Web3 does not need so many public chains, but the Crypto industry requires a wealth effect. Public chains without long-term applications are essentially MEME, which is somewhat related to the low cost of asset issuance in the Crypto industry and the lack of regulatory compliance. Zhang Li also stated that there are still many gaps in actual applications in the industry, and more Web3 applications should be encouraged through various effective means.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Synthetix founder Kain Warwick funded former Synthetix CFO SynthaMan with 2,000 ILV (86,000 USD). SynthaMan posted the day before yesterday that he lost all his crypto assets due to liquidation and published an address requesting donations to help him last until September when his ILV unlocks.1 hour ago, Synthetix founder Kain Warwick unlocked 150,000 ILV (6.45 million USD) and then transferred 2,000 ILV (86,000 USD) to the address SynthaMan requested donations to. As of now, SynthaMan has received approximately 112,000 USD in donations over the past 2 days.

ChainCatcher news, former Synthetix CFO SynthaMan tweeted yesterday that he lost all of his SNX tokens due to liquidation.SynthaMan stated that he has held SNX since the ICO and has never sold a single token, but now he has nothing left. As a father of five, he admitted that he doesn't know how to make ends meet and said he is shaking and crying because he can no longer support his family.SynthaMan is calling for any job opportunities related to cybersecurity or security research to contact him, as he is willing to work hard to provide for his family.He also mentioned that if anyone is willing to donate or lend him money until his ILV unlocks in September, it can be sent to the wallet address Spartan.eth. SynthaMan said he just needs to get through the next 1.5 months.SynthaMan said: "I woke up feeling like this is all a dream, but I didn't expect it to be real, I'm done for."

ChainCatcher news, according to CoinDesk, Epoch Times Chief Financial Officer Bill Guan has been charged with involvement in a $67 million cryptocurrency platform fraud scheme, which involved using cryptocurrency to purchase criminal proceeds at a discounted price and funneling them into company accounts, resulting in a significant increase in the annual revenue reported by Epoch Times.Bill Guan was indicted by the U.S. Department of Justice early Tuesday morning. The department alleges that he was involved in a scheme to launder $67 million using cryptocurrency. Bill Guan faces charges of conspiracy to commit money laundering and bank fraud. According to the indictment from the U.S. Department of Justice, money laundering carries a maximum sentence of 20 years in prison, while each count of bank fraud carries a maximum sentence of 30 years in prison.

ChainCatcher news, the cryptocurrency exchange Bullish announced that David Bonanno will succeed Steve Ellis as the company's Chief Financial Officer (CFO) effective immediately. Bonanno has served as Bullish's Chief Strategy Officer (CSO) for the past two years, leading capital allocation, business strategy, and key partnerships. Prior to joining Bullish, Bonanno was the CFO of two publicly traded companies and has over a decade of experience in the asset management industry.In addition, Bullish announced the appointment of Chris Tyrer as Vice President and Head of Strategy. Tyrer will lead Bullish's strategic initiatives to drive growth and innovation in the digital asset space. Before joining Bullish, Tyrer worked at Fidelity for nearly five years, holding various leadership positions including Head of Institutional, Head of Europe, and President of Fidelity Digital Asset Management. Prior to Fidelity, Tyrer served as Managing Director at Barclays Investment Bank, responsible for commodities trading and digital assets.

ChainCatcher news, Bitcoin mining equipment manufacturer Canaan Creative issued a statement saying that the company's chairman and CEO Zhang Nengeng and the company's CFO James Jin Cheng plan to purchase at least $2 million worth of company stock, claiming that the company is "severely undervalued," and expects "more opportunities" to arise after the most significant cryptocurrency block reward halving.

ChainCatcher news, according to the Chosun Ilbo, South Korean prosecutors have handed over Terraform Labs' former CFO Han Chang-jun for trial, after he was arrested and detained for 21 days on February 8.According to prosecutors, Han Chang-jun is accused of making at least 53.6 billion won in illicit profits by selling and trading LUNA under the guise of the normal operation of the Terra project; he is also accused of violating public offering regulations by selling LUNA without submitting a securities report, in violation of the Capital Markets Act; he is further accused of recording about 100 million electronic payment information of Chinese payment customers on the Terra blockchain without their consent, violating the Electronic Financial Transactions Act.

ChainCatcher news, Coinbase Chief Financial Officer (CFO) Alesia Haas stated that the CEX currently provides custody, trading, and financing services for ETF issuers. It is expected that the approval and listing of a Bitcoin spot ETF will not lead to immediate trading fee pressure on the exchange, but in the long run, the company may face fee compression.Over time, ETFs may diversify and use multiple custodians, as issuers seek to reduce reliance on a single company. Alesia Haas mentioned that Coinbase is prepared for this possibility.

ChainCatcher news, according to South Korean media reports, today the代理律师 of former Terra Chief Financial Officer (CFO) Han Chang-joon stated: "Han Chang-joon parted ways with Do Kwon in 2020 due to work reasons, and the collapse of Terra and Luna occurred after their separation, which was caused by the unreasonable operation of the Anchor Protocol and external factors, and has nothing to do with Han Chang-joon."Han Chang-joon's lawyer also stated that the investigation into Han Chang-joon is based on the premise that "the Terra project was non-compliant from the beginning," but there are no restrictions on virtual asset settlement services in South Korea. Additionally, the lawyer denied the securities nature of virtual currencies. The country's investigative agency believes that virtual currencies have securities attributes, marking the first case to be prosecuted for violating the Capital Markets Act.

According to ChainCatcher's message, data from the on-chain analysis application Watchers shows that Frog Nation's former Chief Financial Officer 0xSifu holds an approximately $21 million short position in Ethereum on Synthetix perpetual contracts.The current market price for Ethereum contracts is $1,833, while 0xSifu's average holding price is $1,643, resulting in an unrealized loss of nearly $2.22 million. Currently, 0xSifu still has about $1.64 million in margin to maintain this position, and if the market price continues to rise to $1,926, his position will face the risk of being liquidated.

ChainCatcher news, according to Arkham monitoring, Frog Nation's former CFO 0xSifu holds a short position of 10 million USD in ETH on Synthetix perpetual contracts, currently realizing a profit of approximately 822,000 USD.