CEO of Sonic Labs resigns after a short tenure

TapChiBitcoin

Mitchell Demeter, CEO of Sonic Labs, announced his resignation through his personal X account, expressing gratitude to the company despite his short tenure, and wishing Sonic Labs continued success in the future.

Demeter took on the role of CEO in September of last year. His activity on social media has been quite sparse, and this resignation announcement is also his first post in 2026.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Jupiter announces the launch of the on-chain virtual card Jupiter Card

BlockBeats News, March 6th, Jupiter announced the launch of Jupiter Card, an on-chain card fully integrated into Jupiter Mobile. Users can make purchases using their wallet balance: spend at all locations that accept Visa; Jupiter Card is a virtual card for Visa Infinite and Platinum; transaction fees range from 1-1.8%; by

GateNews9m ago

Polkadot to Reset Tokenomics on March 12 With Major DOT Supply and Staking Changes

Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%. The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours. On March 12, Polkadot will reset

CryptoNewsFlash4h ago

Builders Are Walking Away From Aave – What Does It Mean for AAVE Price?

Aave (AAVE) is dealing with two very different headlines at the same time. On one side, the protocol faced a $24 million exploit linked to address poisoning, once again reminding users that security risks still exist across DeFi. Despite that incident, the market reaction has been somewhat

CaptainAltcoin6h ago

Western Union Launches USDPT Stablecoin on Solana Network

_Western Union is launching USDPT, a new stablecoin on Solana, backed by 360,000 cash locations across 200+ countries worldwide._ Western Union is making a bold move into the stablecoin space. The global payments giant has announced USDPT, a new U.S. dollar-denominated stablecoin built on Solana

LiveBTCNews7h ago

Japanese Yen Stablecoin: Can Japan Shake Up the $40 Trillion On-Chain Arbitrage Market Worldwide?

Japan is actively promoting the Japanese Yen stablecoin to reshape its position in the global financial market, aiming to strengthen the core role of the Yen through on-chain arbitrage trading. Despite challenges such as liquidity, regulation, and retail participation, its success will bring an important non-USD asset base to on-chain finance.

PANews8h ago

Aave Labs proposes launching the V4 dedicated bug bounty program

Aave Labs proposes to launch the Aave V4 bug bounty program on the Sherlock platform, aiming to establish a security reporting channel with tiered handling to prioritize high-risk vulnerabilities and improve processing efficiency. Sherlock has previously collaborated with Aave on security work.

GateNews8h ago
Comment
0/400
No comments