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Board member Raphael Zagury takes over the Tether-backed bitcoin treasury company, and Strike is no longer under consideration for a business combination.

Molly Abraham is set to take over as general counsel as Grewal shifts to a three-month advisory role through October.

AVAX One Technology, the Nasdaq-listed Avalanche treasury and bitcoin-mining company, said Chief Executive Jolie Kahn resigned effective July 3, with Chief Operating Officer Pete Wylie stepping in as interim CEO, according to an 8-K filing with the Securities and Exchange Commission.

Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.

Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma have launched Ethlabs, an independent non-profit R&D lab backed by Bitmine, Sharplink, and Consensys founder Joe Lubin, with a thesis that Ethereum will become the universal onchain settlement layer.

She arrived at the SEC in 2018 as a Republican commissioner with light crypto baggage and left this week as the regulator whose quotes had narrated the industry's regulatory story. A retrospective on eight years of dissent.