Change is in the air as the crypto space continues to see top executives step down from their roles amid the market crisis that stemmed from the Terra Luna fiasco and the Federal Reserve’s continuous interest rate hike, which negatively impacted the global financial market.
The change in crypto-related executive leadership started with Twitter co-founder Jack Dorsey stepping down from the company’s board of directors in May. While Twitter is not a crypto-focused firm, Dorsey is a renowned Bitcoin proponent. He got the social media giant involved in such matters, such as integrating crypto hashtags and launching an NFT collection.
Compass Mining Lost Two Key Executives
As the crypto winter intensified in June, bitcoin mining hosting and brokerage services firm Compass Mining (CMP) lost two of its top executives. CEO Whit Gibbs and Chief Financial Officer Jodie Fisher resigned on the same day due to multiple setbacks and disappointments within the company.
That same month, Binance...
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