According to ChainCatcher news, as reported by CoinDesk, the cryptocurrency trading platform Backpack, founded by former FTX and Alameda executives, has appointed Oliver Sleafer as its new Chief Financial Officer (CFO). Oliver Sleafer joined Backpack last October as the head of finance.Two years ago, he served as the Head of Liquidity Management for the Asia-Pacific region at payment company Stripe, and prior to that, he held the same position at Swiss banking giant Credit Suisse for five years.

ChainCatcher message, Musk stated on social media: "The Fed's data is too lagging, a mild recession has already arrived. It's not just the canary in the coal mine (Silicon Valley Bank) that has died, but a staunch miner (Credit Suisse) has also perished, and the graveyard will soon be filled! Further rate hikes will trigger a severe economic recession. Remember my words." (source link)

ChainCatcher news, Tron founder Justin Sun tweeted that he plans to acquire Credit Suisse for $1.5 billion and integrate it into the Web 3.0 world. (Jin10)

ChainCatcher news, according to the Financial Times, UBS and Swiss regulators are eager to finalize the deal for Credit Suisse on Saturday night. The Swiss central bank and the regulator FINMA have indicated to their international counterparts that they believe reaching a deal with UBS is the only option to prevent a collapse of market confidence in Credit Suisse. (source link)

ChainCatcher news, Swiss digital asset infrastructure company Taurus has completed a $65 million Series B funding round, led by Credit Suisse, with participation from Arab Bank Switzerland and Investis.It is reported that Taurus focuses on providing digital asset services such as custody and tokenization for financial institutions in Europe. The company completed a $11 million Series A funding round in April 2020. Taurus stated that it will open offices in Paris and Dubai in the coming months, and then expand its business in Southeast Asia and the Americas. To this end, Taurus plans to increase its workforce from 60 to around 100 this year. (The Block)