Former Tether chief investment officer plans to sell part of his 1.26% stake.
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Former Tether CIO seeks to sell stake in stablecoin issuer.
According to Mars Finance, former Tether Chief Investment Officer Richard Heathcote plans to sell a portion of his 1.26% stake. Tether's USDT accounts for approximately 59% of the stablecoin market.
Anastasia Golovina, a former member of the Chainlink team, has joined Hyperliquid as Chief Communications Officer.
PANews reported on July 7 that Anastasia Golovina, a former member of the Chainlink communications team, has joined Hyperliquid as Chief Communications Officer. Golovina stated that she has over eight years of experience in the crypto industry.
Former Twitter CISO Michael Coates appointed Chief Information Security Officer of the Solana Foundation
According to Foresight News , security expert Michael Coates announced on the X platform that he has been appointed Chief Information Security Officer (CISO) of the Solana Foundation, marking a new chapter in his career. Coates previously served as Head of Security at Mozilla, CISO at Twitter, and founded Altitude Networks, a startup focused on enterprise SaaS data security, which was later acquired by CoinList, thus entering the crypto industry. Coates stated that he chose to join Solana because the chain currently handles tens of billions of dollars in daily stablecoin transactions, exceeding the combined daily trading volume of most cryptocurrencies. He mentioned that future work will focus on integrating security capabilities into the foundation of industry operations and application security, addressing the unique security challenges of cryptocurrencies, and collaborating with policymakers and standards bodies to promote improvements in cybersecurity regulation.
Tencent announced that Tian Yonglong, a former researcher at OpenAI, has joined the company to participate in the development of VLM.
According to sources at Tencent, Yonglong Tian, a former researcher at OpenAI, has recently joined Tencent's Large Language Model Department and will participate in the research and development of VLM (Visual Language Model). This marks another instance of Tencent poaching talent from OpenAI. On December 17th last year, Tencent announced an upgrade to its large model R&D architecture, establishing the AI Infra Department, AI Data Department, and Data Computing Platform Department. Former OpenAI senior researcher Yao Shunyu was appointed as the Chief AI Scientist in the "CEO/President's Office" (reporting to Martin Lau), and concurrently served as the head of the AI Infra Department and the Large Language Model Department (reporting to Lu Shan). This announcement garnered widespread attention on social media. (The Paper)
Tether makes a $20 million strategic investment in Mercado Bitcoin to accelerate on-chain infrastructure development in Latin America.
Mars Finance reports that stablecoin issuer Tether has announced a $20 million strategic funding round for Latin American on-chain financial services platform Mercado Bitcoin. This funding will support Mercado Bitcoin's development in asset tokenization, payments, lending, capital markets, and compliant digital financial services. Founded in 2013, Mercado Bitcoin has expanded from a digital asset trading platform into a comprehensive on-chain financial infrastructure platform, covering trading services, tokenized investment products, lending, stablecoin payments, banking infrastructure, and cross-border financial services. The funds raised will primarily be used to expand payment infrastructure, increase the scale of tokenized products for institutional and retail investors, develop lending business, advance on-chain capital markets, seek strategic partnerships, and drive international expansion.
Bitwise CIO: The crypto industry may become part of the next generation of economic rule-making.
Odaily Odaily reports that Bitwise Chief Investment Officer Matt Hougan posted on the X platform that he recently read a speech by U.S. Treasury Secretary Bessenter, calling it "an important document that defines America's economic role for the next century." He pointed out that in his speech, Bessant outlined five principles for the future US economic strategy, the third of which was: "The United States will set the rules for the next generation of the economy." When discussing the digital economy, Bessant stated, "Digital assets, stablecoins, tokenization, and new payment systems will help shape the future of money. The United States should not place itself as a bystander in building this future." Matt Hougan commented that this statement demonstrates the US government's emphasis on promoting the development of the crypto industry and reflects the fact that digital assets are being incorporated into an important part of the future financial system and economic competitive landscape.