Crypto hiring: Binance exit list gets longer as French general … – Blockworks


Polkadot developer Parity is also weathering some shake ups in its 300+ roster
Andrey_Popov/Shutterstock modified by Blockworks
Once again, a major executive is on the outs at Binance. 
This time, it’s Stéphanie Cabossioras, who was the general manager of the crypto exchange’s French business for slightly under a year. 
A French YouTuber going by Hasheur announced the news on X, formerly known as Twitter, early Wednesday morning. 
In an unusual turn of events, Binance France President David Prinçay chose to respond to Hasheur’s post and confirm Cabossioras’s departure. Up to this point, Prinçay hasn’t addressed this matter publicly outside of his reply to Hasheur.
Blockworks confirmed with Binance that Cabossioras did in fact leave the company. 
Her original position at Binance France was head of legal, which she was hired for in April 2022. And immediately before her year and half stint at Binance, Cabossioras was a mainstay at Autorité des Marchés Financiers, France’s securities regulator. 
Cabossioras is just one of four executives at Binance who have left in recent months. These include the company’s former head of product, its Asia-Pacific head, and two high level managers for Binance’s operations in Eastern Europe and CIS.
Binance has also fled a number of countries in Europe, including Germany, the Netherlands, and Cyprus. Binance is also temporarily halting the acceptance of new customers in Britain, given the country’s move to restrict crypto advertising in July.
Parity Technologies, the company developing the Polkadot blockchain, has reportedly laid off a substantial number of its some 385 employees. 
Parity workers found out about the mass layoffs a week before the company’s Oct. 9-13 retreat to Mallorca, an island off the east coast of Spain, DL News reported Tuesday.
Employees told the outlet they were expected to go at first, even though there was a good chance they would be let go afterward. However, Parity reportedly made the retreat something people could opt-in for after the layoffs were broadcast.
Polkadot is down over 93% from its high of $54.98 on Nov. 4, 2021, according to CoinGecko.
Don’t miss the next big story – join our free daily newsletter.
Follow Sam Bankman-Fried’s trial with the latest news from the courtroom
Blockworks Daily

Upcoming Events
Digital Asset Summit 2024 | London
MON – WED, MARCH 18 – 20, 2024
Blockworks’ Digital Asset Summit (DAS) will take place March 18-20, 2024 at The Hilton London Metropole. Why London? Momentum. London has become one of the world’s hottest crypto hubs. Innovation is thriving, new institutional investors are flocking in, and regulators like […]
buy tickets
recent research
Despite a decline in Near DeFi activity throughout the year, the network continues to show promise through its new product, the blockchain operating system. Further, the protocol continues to partner with Web2 companies to power consumer-facing dApps on the backend.
by 0xpibblez

Breaking headlines across our core coverage categories.
Uniswap Labs activated a fee switch for select frontends, and the results are big business
The proposed rule mandates that regulated financial entities flag transactions suspected of involving crypto mixing, especially those with international implications
A Binance spokesperson said that the exchange has teamed up with partners like TrueLayer, Nuvei, and various card acquirers
Like other briefs filed in separate cases, the industry group is arguing the SEC’s interpretation of investment contracts are fundamentally flawed
Rollux is designed to utilize Bitcoin security despite being an Ethereum layer-2
I’ll have my eyes and ears open to new, potentially better platforms, especially those in the incredibly energetic realm of decentralized social
Blockworks Daily Newsletter
Get the daily newsletter that helps thousands of investors understand the markets.
blockworks research
Unlock crypto's most powerful research platform.
Our research packs a punch and gives you actionable takeaways for each topic.
Blockworks Inc.
133 W 19th St., New York, NY 10011


Leave a Reply

Your email address will not be published. Required fields are marked *