News Explorer — Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius

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Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius

According to court filings, Steve Kokinos, the former CEO of Algorand, has been proposed as the CEO for Fahrenheit Holdings, the company buying Celsius. The Official Committee of Unsecured Creditors, representing Celsius customers, played a significant role in the hiring process, appointing six of the nine board members. The consortium, backed by US Bitcoin, Arrington Capital, and Kokinos, emerged as the winning bidder for Celsius in May, aiming to take over its institutional loan portfolio, staked crypto, and Bitcoin mining unit.

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Sep 11, 3:52 am

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Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius

According to court filings, Steve Kokinos, the former CEO of Algorand, has been proposed as the CEO for Fahrenheit Holdi… Read Summary

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Sep 11, 3:42 am

DL News

FinCEN Urges Financial Institutions to Report Suspicious Activity Tied to Crypto ‘Pig Butchering’ Scams

The Financial Crimes Enforcement Network (FinCEN) has issued an alert urging financial institutions to report suspicious… Read Summary

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Sep 11, 3:18 am

Coindesk

Decentralized Exchange Sushi Expands to Aptos Blockchain

Sushi, a popular decentralized exchange (DEX), has expanded its services to the layer-1 blockchain Aptos. This marks the… Read Summary

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Sep 11, 1:53 am

Coindesk

Animoca Brands Raises $20 Million for ‘Mocaverse’ Metaverse Project

Animoca Brands has raised $20 million from a group of prominent Web3 investors, including CMCC Global, Kingsway Capital,… Read Summary

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Sep 10, 3:42 pm

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Hacker Steals Over $690,000 After Hijacking Vitalik Buterin’s Twitter Account

Ethereum creator Vitalik Buterin has been hacked on Twitter, resulting in the theft of 691,000 from users who clicked on… Read Summary

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Sep 10, 3:18 pm

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Shaq Got Nearly $750,000 From FTX Amid Millions In Celebrity Deals

Court documents reveal that FTX, the failed cryptocurrency exchange, paid out hundreds of thousands of dollars to celebr… Read Summary

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Sep 10, 11:09 am

Cointelegraph

FTX Sues LayerZero Labs to Recover $21 Million

FTX, the bankrupt crypto exchange, has filed a lawsuit against LayerZero Labs, seeking to recover $21 million in alleged… Read Summary

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Sep 10, 8:42 am

The Block

FTX’s Court Filing Reveals Payments to Celebrities Made Under Former CEO Sam Bankman-Fried

A court filing from FTX reveals details of marketing and sponsorship deals made under former CEO Sam Bankman-Fried, incl… Read Summary

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Sep 9, 1:15 pm

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Ted Cruz Says He Is a ‘Big Believer’ In Bitcoin Mining

Senator Ted Cruz has expressed his support for the Bitcoin mining industry in Texas, highlighting its benefits in enhanc… Read Summary

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Sep 9, 10:01 am

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Ripple to Acquire Crypto Custodian Fortress Trust

Ripple has announced its intention to acquire Fortress Trust, a web3-focused financial and technology infrastructure pro… Read Summary

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Sep 8, 10:28 pm

Cointelegraph

U.S. Rep Tom Emmer Slams SEC Chair Gary Gensler, Urges Congress to Clip the Agency’s Wings

Tom Emmer, the Majority Whip of the U.S. House of Representatives, has introduced an amendment criticizing SEC Chair Gar… Read Summary

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Sep 8, 8:29 pm

Coindesk

NounsDAO Faces a Treasury Split As NFT Holders Seek a Better Price

NounsDAO is facing a treasury split as a significant number of NFT holders are seeking to conduct a rage quit. Instead o… Read Summary

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Sep 8, 4:20 pm

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ChatGPT Plus vs Claude Pro: Choose The Best Paid AI Chatbot For You

Claude has launched its premium service, Claude Pro, which competes with OpenAI’s ChatGPT Plus. Claude Pro can process u… Read Summary

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Sep 8, 1:59 pm

Decrypt

US Crypto Donation Regulations ‘Overly Burdensome’ Says Giving Block

The Giving Block, a crypto fundraising platform, has written a letter to Senators Ron Wyden and Mike Crapo urging them t… Read Summary

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