Binance’s exec exodus, Nasdaq to trade AI orders and SBF loses bail appeal: Hodler’s Digest, Sept. 3-9

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Binance executives depart, Nasdaq will trade AI-based orders and a bail appeal is denied for Sam Bankman-Fried.

A key talking point in the crypto communityfrom Binance amid growing regulatory troubles. Binance has seen the departure of 10 key executives from various departments in the first nine months of 2023. The latest to join the list is Helen Hai, executive vice president of Binance, who announced her resignation from her post on Sept. 6.

against his firm, assuring its balance sheet and employee retention remain robust despite the recent market uncertainty.The United States Securities and Exchange Commissionto operate its first AI-driven order type on Sept. 8. Called the dynamic midpoint extended life order , the new system expands on the M-ELO automated order type by making it “dynamic,” meaning it will use artificial intelligence to update and, essentially, recalibrate itself in real-time.

Source: Tech Daily Report (techdailyreport.net)

 

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