Ryan Wyatt, former president of Polygon Labs, has been hired as the chief growth officer of Optimism Unlimited Ltd., a unit of the Optimism Foundation. Wyatt will be responsible for supporting blockchain development and helping developers build across the Optimism ecosystem. The Optimism Foundation supports companies and developers committed to Optimism's technology, with OP Mainnet being the second-largest layer-2 network on Ethereum. Wyatt brings his experience in gaming and digital ownership from his previous roles at Polygon Labs and YouTube.
Binance has lost three executives, including its General Counsel, as the exchange faces regulatory scrutiny. Meanwhile, MicroStrategy's Chief Revenue Officer has resigned, and Polygon Labs has promoted its Chief Legal Officer to CEO. Other notable hires include ETC Group appointing a sole CEO and Hong Kong staffing its Web3 development taskforce. Galaxy Digital CEO Michael Novogratz has also mentioned the possibility of moving employees overseas due to the regulatory environment in the US.
The Solana Foundation and Polygon Labs have rejected the U.S. SEC's classification of their tokens as securities. The Solana Foundation expressed willingness to cooperate with regulators to provide further clarity for the emerging industry. Meanwhile, Polygon Labs stated that it did not target the U.S. market with its MATIC coin. Both tokens have seen price increases in the last 24 hours.
