ChainCatcher news, former board member of the Avalanche Foundation Omer (@demirelo) released a statement on the X social platform confirming that three board members, including Aytunç Yildizli and Vikram Nagrani, officially resigned from the board of the foundation and its subsidiaries earlier this week.Among them, executive director Aytunç Yildizli ceased to perform his duties on February 28, 2025, after which the board has been in a wait-and-see mode, trying to find a way forward.Omer stated, "During the past 18 months of my and Aytunç Yildizli's and Vikram Nagrani's tenure, we have driven several important initiatives, including establishing the Avalanche Foundation's brand image, releasing the first annual report, launching incentive programs such as infraBUIDL () and infraBUIDL (AI), and developing the AiFRED project. We also focused on strengthening internal coordination within the ecosystem and shifting the growth strategy towards new market development and strategic partnerships. This collective voluntary resignation decision is 'well-considered,' and we will continue to pay attention to the development of the Avalanche ecosystem in the future, wishing all the best for the Avalanche ecosystem and community."

ChainCatcher news, according to The Block citing Business Insider, after the unannounced release of an interview between FTX founder Sam Bankman-Fried (SBF) and Tucker Carlson on Thursday, SBF's crisis PR manager has resigned. Mark Botnick started representing SBF after the collapse of his cryptocurrency exchange FTX in November 2022, and he resigned on Thursday after learning about the interview. This is the second interview SBF has given since breaking his two-year public silence after being incarcerated. These interviews seem to be part of his attempt to seek a presidential pardon. In both interviews, SBF praised President Trump, criticized the previous Biden administration, and argued that he began to take the Republican Party more seriously after failing to engage with former SEC Chairman Gary Gensler.SBF was perhaps best known before his arrest as a billionaire practicing "effective altruism," having donated large sums to Democratic politicians. From the billions in funds collapsing at FTX to the year he faced court proceedings, SBF has given countless media interviews, sometimes getting himself into trouble. On one occasion, he even showed a reporter his ex-girlfriend's diary, which led to his imprisonment to prevent potential witness tampering. Botnick reportedly worked with SBF during this time. It is said that the PR manager was also caught off guard when SBF posted on X about the Trump administration's attempts to fire federal employees.

ChainCatcher news, according to the Washington Post, three insiders revealed that the acting commissioner of the Social Security Administration, Michelle King, resigned over the weekend due to a conflict with the DOGE team led by Musk over attempts to obtain sensitive government records. It is understood that King had worked at the agency for decades and was appointed as acting commissioner last month.

ChainCatcher news, according to Wu, it has been learned that the head of ecosystem development for BNBChain, Ling Wei, has left BNBChain this week. Ling Wei joined BNBChain in August 2024 and left OKX in July 2024.

ChainCatcher news, Musk announced the rehire of 25-year-old former DOGE employee Marko Elez, who had resigned due to racist remarks. Musk stated, "To err is human; to forgive is divine."Previous news, Marko Elez, a member of the government efficiency department (DOGE) team led by Musk, resigned due to a previously posted racist post. Marko Elez had tweeted about racism last July.

ChainCatcher news, according to NPR, Marko Elez, a member of the government efficiency department (DOGE) team led by Musk, has resigned due to previously posted racist posts. Marko Elez had tweeted about racism last July. These tweets have now been deleted, and the incident has been confirmed by a White House official who was not authorized to speak publicly.

ChainCatcher news, Kraken's Chief Legal Officer Marco Santori announced his resignation. This seasoned lawyer has led Kraken's legal department for nearly five years and stated that he will continue to serve as a senior advisor to the company, helping Kraken establish a "global advisory board."

ChainCatcher news, according to Jinshi reports, on January 11 local time, Jack Smith, the special prosecutor responsible for the Trump case at the U.S. Department of Justice, officially left the Department of Justice on January 10. Jack Smith was appointed as special prosecutor in November 2022 to investigate two cases involving the elected President Trump.Court documents show that the Department of Justice is currently in ongoing disputes with Trump's defense team regarding the release of the investigation report into Trump's actions to obstruct the presidential power transition after the 2020 election. It is reported that Smith has completed the relevant work and resigned from his position as special prosecutor.

ChainCatcher news, the HBAR Foundation announced that Charles Adkins will resign as the Chair of the Hedera Council to become the CEO of the HBAR Foundation, responsible for driving its launch of the Hedera Foundation in early 2025. Charles's decision to transition to the Foundation was formally supported by a vote from the Hedera Council.As Charles moves to the Foundation, the Hedera Council Board has appointed Tom Sylvester as the interim Chair, effective January 1, 2025. Tom joined Hedera in February 2018, initially serving as the Deputy General Counsel and later promoted to General Counsel in January 2022. As interim Chair, he will continue to serve as Hedera's General Counsel.

ChainCatcher news, according to Cointelegraph, Reddit Collectible Avatars project lead Bianca Wyler stated on LinkedIn: "My journey at Reddit has come to an end. While I am sad about this transition, I am incredibly proud of what I accomplished during that time." Reddit Collectible Avatars (RCA) NFT holders expressed concerns about the future prospects of the product upon hearing the news.Some Reddit users noticed that Wyler's recent comments on her Reddit account had been deleted, raising further concerns that her seemingly sudden departure might be a sign that the social platform will make adjustments to the avatar project. In an interview, Wyler revealed that her departure reflects a natural shift for social media companies as they explore new technologies and adjust priorities. Although uncertain about the direction of the RCA project, she believes Reddit will continue to work for the benefit of the community.RCA was launched in July 2022, marketed as limited-edition artwork created in collaboration with independent creators. According to Dune Analytics, the total number of NFT holders has now exceeded 33.5 million. Since peaking at the end of 2022, sales of these NFTs have struggled to keep up, with monthly secondary market trading volumes hovering around $100,000 in the last three months of 2024, and trading volumes have declined since their peak in 2022.

ChainCatcher news, according to Beincrypto, Federal Reserve Vice Chair for Supervision Michael Barr announced today that he will resign from this position. Barr will no longer serve as the third in command of the Federal Reserve Board, but he intends to remain at the Federal Reserve until further notice. It is widely believed in the industry that Barr is one of the key factors behind U.S. banks' failure to engage in cryptocurrency and related services.According to a recent press release, his resignation will take effect on February 28 or after his successor is confirmed. However, even if a new Vice Chair for Supervision is found quickly, Barr will continue to stay on the Federal Reserve Board. His term was supposed to naturally end in 2032. Nevertheless, this may be an important opportunity for cryptocurrency regulation. He stated, "It has been my honor to serve as Vice Chair for Supervision of the Federal Reserve Board. The controversy surrounding this position may distract us from our mission. In the current environment, I believe serving the American people from the Board would be more effective." In 2023, Barr led the crackdown on stablecoins and expressed a desire to "exclude cryptocurrencies from the banking sector."

ChainCatcher news, Bitcoin mining company Rhodium Enterprises co-CEO Nathan Nichols has resigned, and the company has completed the sale of its Temple, Texas facility for $40.6 million in cash.Rhodium announced in an email to investors last week that Nichols has decided to resign, effective after the New Year. Just weeks ago, Rhodium's creditors filed a lawsuit against him and other co-founders, accusing them of fraud.Rhodium also informed investors that the company had previously secured $15 million of a $30 million debtor-in-possession financing from Galaxy Digital. After completing the sale of the Temple facility on December 18, the company used $16 million of that to fully repay its debt to Galaxy, including fees and interest.

ChainCatcher news, according to Fortune, the team of Sun Yuchen pressured its new owner Bullish to remove related articles due to dissatisfaction with the report published by CoinDesk. The article detailed Sun Yuchen's purchase of an artwork banana for $6.2 million and his act of eating it, while also mentioning his legal disputes with the U.S. Securities and Exchange Commission and controversies surrounding the Tron blockchain. After the article was removed, the CoinDesk editorial team expressed concerns about independence.Bullish acquired CoinDesk for $75 million last year and promised to operate it as an independent subsidiary. However, this incident has intensified the tension between the media and its owner. CoinDesk Editorial Board Chairman Matt Murray has resigned, and Bullish has not commented on the incident.

ChainCatcher news, according to the Chosun Ilbo, all cabinet ministers in South Korea have collectively resigned.According to a passport official, all members of the National Security Council submitted their resignations to Prime Minister Han Duck-soo earlier that day during a meeting with him.It is reported that Han Duck-soo, the leadership of the ruling party, and President Yoon Suk-yeol are scheduled to meet at 2 PM at the Prime Minister's Office in Jongno District, Seoul, to announce and lift the state of emergency.Earlier that day, Chief of Staff to the President Jeong Jin-seok, Policy Chief Song Tae-yeon, National Security Bureau Chief Shin Won-sik, and all senior secretaries submitted their resignations to Yoon Suk-yeol.

ChainCatcher news, the Chief of Staff and Chief Secretary of the South Korean Presidential Office collectively resigned. (Jinshi)

ChainCatcher news, Chris Williams announced on X that he is resigning as CEO of OpSec.He stated: "The entire core team will also resign with me. Despite our best efforts, we have encountered some challenges that prevent us from continuing to work in a manner consistent with our values of transparency, accountability, and integrity.This decision was made based on recent findings revealed by ZachXBT, as well as our self-assessment of OpSec's operations. These findings, combined with the long-term absence of undisclosed founders and separate control over the company's finances, severely limited our ability to effectively lead and execute our vision. Payment delays, layoffs, and the unclear direction of OpSec's development have placed immense pressure on our team and affected our collective ability to fulfill our commitments to our loyal community."According to RootData, OpSec is an artificial intelligence and decentralized cloud computing platform with features such as decentralized servers, dedicated networks, RDP, GPU, and one-click node setup, aimed at achieving cloud security for DePIN hardware.Previously reported, on-chain detective ZachXBT stated on X: "The SCALE, NTD, TPU, and OPSEC projects are all associated with the same person Zopp0, who uses multiple KOLs to exploit inexperienced traders."

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, Nostra founder David Garai resigned as CEO of the Starknet DeFi project less than two weeks after the NSTR token airdrop.Garai stated: "I have stepped down as CEO of Nostra, and this is the first time in 4 years that I will take a break for a while, and then I will come back. Please stay tuned for my future plans."

ChainCatcher news, according to The Block, the head of the U.S. Securities and Exchange Commission (SEC) crypto assets and cyber unit has left the agency after nine years in office.

ChainCatcher news, io.net founder and CEO Ahmad Shadid announced on social media that he has resigned as CEO of io.net, effective immediately.Ahmad Shadid stated: "io.net has grown to become one of the fastest-growing decentralized AI companies in the world. After careful consideration, I have decided to pass the CEO position to Tory Green of io.net, which is the best choice for the community and the project. Despite some allegations regarding my past, I want to emphasize that my resignation as CEO is to allow io.net to move forward without interference and to focus on its growth and success.I am deeply grateful for the support and dedication of our team, partners, and community, and I thank everyone for making io.net what it is today. As a token of appreciation, I will donate 1 million personally held IO tokens to the io.net GPU Internet Foundation to help the development of the ecosystem."