Latest in Crypto Hiring: New CEOs for Bit Digital, Alluvial

Former White House senior adviser joins crypto-focused payments company

article-image

Artwork by Axel Rangel modified by Blockworks

share

Alluvial revealed a swathe of leadership changes, including the appointment of a new CEO. 

Mara Schmiedt, formerly the software company’s chief growth officer, is now the firm’s chief executive. Before joining Alluvial last October, Schmiedt was head of sales at Coinbase Cloud for nearly two years. She worked as a strategy manager at blockchain company ConsenSys shortly prior to that.

Alluvial also named co-founder Matt Leisinger, its former CEO, as chief product officer. Before becoming Alluvial’s CEO last year, Leisinger was a product lead at blockchain infrastructure provider Figment.   

The reshuffling comes at a time when Alluvial seeks to offer more support to liquid staking protocol Liquid Collective. The protocol’s Ethereum staking went live on Coinbase Prime and Bitcoin Suisse earlier this month.

Bitcoin miner also names new chief executive 

Crypto miner Bit Digital also named a new CEO in a move to go into effect on March 31. 

CEO Bryan Bullett is set to step down from the chief executive post, becoming a senior adviser. Bit Digital Chief Strategy Officer Sam Tabar will fill the role.

Bullett will focus on finding additional, non-correlated income streams for the company in his new role, the company said in a press release. The New York-based company revealed last year its intention to become a validator on the Ethereum network, as well as to compile and stake ether (ETH).

“What already differentiates us is our pristine balance sheet, unleveraged and sound mining business, and exciting new Ethereum business that positions us to become a proxy for the foundational blockchain of the ‘smart contract economy,” Tabar said in a statement.

Bit Digital had roughly $33 million in cash and nearly $28 million worth of digital assets at the end of 2022 — including no debt or miner purchase obligations.

Other notable hires

  • Alchemy Pay, a payment company that connects the fiat and crypto economies, tapped former White House senior adviser David Plouffe as a senior adviser. 
  • Crypto mining hardware company BitFrontier Capital Holdings hired Keith Su — formerly at ASIC Miners US — to lead its business operations in Asia. 
  • Blockchain DigitalBits appointed Riccardo Cambiassi as its chief technology officer. Cambiassi was previously a technology consultant for firms such as GoCardless and Yodel. 
  • Cipher Mining promoted Patrick Kelly and Will Iwaschuk to be co-presidents, while elevating Olivia Stennett to be the company’s chief administrative officer.

Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.


Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief.


Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on Google News.


Tags

upcoming event

MON - WED, MARCH 18 - 20, 2024

Digital Asset Summit (DAS) is returning March 2024. This year’s event will be held in our nation’s capital, where industry leaders, policymakers, and institutional experts will come together to discuss the latest developments and challenges in the ever-evolving world of cryptocurrency. […]

upcoming event

MON - WED, SEPT. 11 - 13, 2023

2022 was a meme.Skeptics danced, believers believed.Eventually, newcomers turned away, drained of liquidity and hope.Now, the tide is shifting and it’s time to rebuild. Permissionless II is the brainchild of Blockworks and Bankless. It’s not just a conference, but a call […]

recent research

Cosmos Hub: ATOM Economic Zone

Research

Replicated Security, the Hub’s Validation-as-a-Service offering that went live in March, is the first step in bringing value accrual to ATOM stakers.

/

article-image

OP holders might not be feeling very optimistic with the rollup’s token unlock schedule now in effect

article-image

Two lords are pushing for the government to ensure that the Bank of England could not implement “Britcoin” without legislative backing

article-image

This is the second fee switch proposal that failed to pass a community vote

article-image

This partnership comes as Nike released its first NFT collection, Our Force 1, this month

article-image

The weaknesses of large language models like ChatGPT are “too great to use reliably for security,” OpenZeppelin’s machine learning lead says

article-image

Giddy will now enable users to spend their yield on real-world goods and services