Daily| Web3 asset data platform RootData compiled and presented the Binance team organizational structure chart; the US court approved Sanjiang Capital's $1.53 billion claim against FTX
Reprinted from chaincatcher
03/15/2025·1MCompiled by: Jerry, ChainCatcher
Important information:
- Web3 asset data platform RootData compiled and presented the Binance team organizational structure chart
- US court approves Sanar Capital’s $1.53 billion claim against FTX
- Trump's crypto project WLFI has ended its public offering, with total financing of US$550 million
- Vermont regulators withdraw Coinbase's inquiry order regarding staking services
- 0G Foundation released the preliminary token economic model: initial circulation at TGE is about 21.32%, and community rewards account for 13%.
- Zhao Changpeng: Only the person can access X account, no public relations team, intern or robot
- U.S. Representatives plan to submit draft legislation to ensure strategic bitcoin reserve policy is not revoked due to future presidential executive orders
- Brazil will "promote the use of blockchain technology in trade in BRICS countries" as one of the priority issues of the rotating presidency
“What important events have happened in the past 24 hours”
Web3 asset data platform [RootData](https://www.rootdata.com/zh/Projects/detail/RootData?k=NDk5MQ== "Web3 Asset Data Platform") has compiled Binance 's main team organizational structure chart based on public information and put forward the following views:
- Most Binance executives have luxurious resumes , from major Web2 companies such as Uber and Morgan, or crypto giants such as Kranken, Gemini, and OKX.
- Among the people counted by RootData, Binance is the crypto company with the most related characters. Currently, there are as many as140 included characters (including both on-the-job and resignation, both with certain influence in the industry), followed by HTX, a16z, Polygon, OKX, etc.
- Binance 's total number of employees at the beginning of this year was 5,000, of which 1,000 were located in the UAE . This figure fell about 37% from its peak in August 2023 (8,000 people), but is still a five-fold increase from 2020 . At present, Binance shows that there are still about 350 job recruitment positions, mainly engineers and compliance-related positions.
It is reported that after Binance completed the largest financing in the history of the crypto industry, this towering tree once again became the focus of the market. For a long time, except for core members such as Zhao Changpeng and He Yi, most of Binance's executives rarely have active external communities such as Twitter, and the outside world knows very little about their organizational structure.
US court approves Sanar Capital’s $1.53 billion claim against FTX
The U.S. Bankruptcy Court has approved the liquidators of hedge fund ThreeArrows Capital (3AC) to expand the amount of claims against FTX to $1.53 billion, dismissing the objection of FTX debtors, who believe the move is inappropriate and unfair.
Trump 's crypto project WLFI has ended its public offering, with total financing of US$550 million
According to the official website, World Liberty Financial, the Trump family crypto project, has completed all community public offering financing (a round previously) with a total financing amount of US$550 million.
Vermont regulators withdraw Coinbase 's inquiry order regarding staking services
Coinbase Chief Legal Officer Paul Grewal tweeted that the U.S. financial regulator in Vermont has officially revoked the inquiry order against Coinbase about its cryptocurrency stake (staken) services.
According to the official document issued on March 13, the revocation decision does not affect possible further legal action in the future. The main reasons for Vermont's decision to revoke the inquiry order include the SEC's revocation of similar allegations against Coinbase in the federal court of the Southern District of New York, and the SEC has set up a new task force to develop regulatory rules related to cryptocurrencies, the documents show. Coinbase welcomed this and called on Congress to pass comprehensive cryptocurrency legislation while encouraging other states to follow Vermont's decision.
According to official news, the 0G Foundation has adjusted its preliminary token economic model based on community feedback, with a total supply of 1 billion coins and an initial circulation of about 21.32% during the token generation event (TGE). The token allocation plan is: 56% of the community (including 13% community rewards, 28% ecological growth and 15% of AI alignment nodes); 22% of the team, contributors and consultants; and 22% of the supporters (investors) account for 22%.
Among them, "Community Rewards" are specifically used to motivate active contributors, including participating in social activities, staking, running 0G nodes (storage, DA, etc.), participating in testnet/mainnet activities, owning Genesis NFTs, and active participants on Discord. "Ecological Growth" focuses on the long-term expansion of 0G networks, including funding and investment to developers, basic AI research, infrastructure research and development, liquidity and marketing, etc.
The team and investors will lock positions for 12 months and then unlock linearly for 36 months. The community rewards section will be allocated quarterly within 48 months, unlocking 49% when the ecological growth section TGE, and unlocking 33.33% when the AI aligned node section TGE.
The 0G Foundation said the final allocation ratio and lock-up plan may be adjusted based on community feedback.
Zhao Changpeng: Only the person can access X account, no public relations team, intern or robot
Binance founder Changpeng Zhao (CZ) responded to user comments, "I don't have a PR team now. Only I can access this X account. There are no interns, no robots."
U.S. Rep. Byron Donalds plans to submit draft legislation to formally legislate the executive order signed by the Trump administration this month, which aims to build strategic bitcoin reserves and U.S. digital assets reserves. If passed, the bill will ensure that the policy will not be revoked by a future president's executive order. Trump's executive order requires the Treasury to set up Bitcoin reserves to hold about 200,000 Bitcoins, and authorizes the Treasury and Commerce Department to develop a "budget-neutral" strategy to buy more Bitcoins, while banning the sale of Bitcoins in the reserves. In addition, the executive order also establishes the Ministry of Finance’s digital asset reserves for storing existing and future digital assets obtained through the confiscation of criminal or civil assets.
According to the Global Report, Brazil plans to promote the application of blockchain technology in international trade between BRICS member states to simplify the financial transaction process of import and export contracts.
This initiative will become one of Brazil's priorities during its tenure as BRICS presidency from January 2025.
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Interpretation of Solana SIMD 228 Proposal: Reduce SOL inflation and reshape the pledge economy
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In just eight weeks, from the resignation of the SEC chairman to Trump’s signing of two consecutive executive orders - announcing the development of digital assets, officially announcing the strategic reserves of Bitcoin, and then holding the first digital assets summit at the White House, the crypto market has been constantly responding, and with various policy changes fluctuating, the entire industry is both excited and worried.
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Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of March 14, 19:50:
The top five popular Ethereum tokens in the past 24h are: LINK, DUMB, SPX, PEPE, UNO
The top five popular tokens in the past 24h Solana are: ELONM, $JUBI, YODA, PIPE, WTFO
The top five popular tokens in the past 24h Base are: SKITTEN , VIRTUAL, Glaucus, DRB, PAWS
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