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Author Topic: Exchanges news: Bitfinex leaves Noble Bank, Bitmex hires new CCO.  (Read 489 times)

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Owners of Noble Bank intend to sell the Bank after the departure of Bitfinex and Tether, Bitmex announced that the former head of supervision of Hong Kong exchanges became the new chief operating officer of the crypto-exchange, and Huobi plans to move to a decentralized registry.

The sale of the Bank amid the loss of customers
As reported, the financial services company of Puerto Rico Noble Bank International, a well-known service Tether and Bitfinex, will probably be sold.

Bloomberg, citing "a man with a direct understanding of the situation," reports:

The Bank has lost many of its customers, including Bitfinex and Tether, and is no longer profitable. The Bank is scheduled to sell at a price of $5 million to $10 million, mainly due to its license in Puerto Rico to operate as an international financial entity.

Bitmex hires new operations Director
Bitmex has hired angelina Kwan as its new chief operating officer. Ms. Kwan is a former managing Director and head of the regulatory body for Hong Kong stock exchanges, and has served on the securities and futures Commission in Hong Kong for eight years.

Angelina Kwan said:

Besides being a true market leader in trading platforms, Bitmex shares the value of my inclusion in the team, especially in the STEM areas. Cryptocurrency markets represent a new new opportunity for women to participate in the intersection of Finance and technology, in two areas in which they are chronically underrepresented.

Arthur Hayes, CEO and co-founder of Bitmex, welcomed Ms. Kwan to The company, saying: "I believe that Angelina's decision to join us is a signal that global markets are changing focus to a rapidly expanding cryptocurrency sector. Angelina's vast experience in regulation, trading platforms, business development, restructuring, and investor and stakeholder relationships will be crucial as we continue to strive to adopt a core cryptocurrency and expand our community."

Huobi is preparing to switch to a blockchain
The second largest cryptocurrency exchange according to the Coinmarketcap rating, Huobi, is preparing to move its operations to the public blockchain developed by The company.

In a recent interview with the Director Huobi Research on the application of the blockchain, Uberti Yang said:

We want our blockchain to become the main public network in the world in terms of technological complexity. And a highly skilled public network combined with strong operations, ecosystems and communities can provide greater synergy.

Currently, a vote is being held on the appointment of the operational head of the transfer project Huobi.

Link to the source of information (Russian) -
https://altstake.io/news/novosti-birgh-bitfinex-pokidaet-noble-bank-bitmex-nanimaet-novogo-cco

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