On January 14, Celsius Network, a leading cryptocurrency loan company, announced the appointment of Aslihan Denizkurdu as Chief Operating Officer and Frank van Etten as Chief Investment Officer. The company made such hiring as it prepares to serve its customers in a better way. In her role, Denizkurdu will be in charge of positioning Celsius as a reliable and trusted service provider to its customers while continuously strengthening the firm’s infrastructure as well as management and governance practices. On the other hand, Van Etten will be responsible for overseeing Celsius’ investment activities and teams. In this function, Van Etten will be tasked with generating returns on
cryptocurrencies
Cryptocurrencies
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities.
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities.
Read this Term at Celsius’ platform and positioning the business for sustainable growth. Both Denizkurdu and van Etten will report to Celsius’ CEO Alex Mashinsky.
Before Celsius, Denizkurdu worked at CitiGroup where she served as the Chief Operating Officer and Head of Governance for Risk Management. Prior working at CitiGroup, she served as a Senior Buy-side Research Analyst at AllianceBernstein Holding, a global asset management firm, where she helped various financial companies invest in their business growth. In this role, Denizkurdu also assisted in advising the US Treasury department on the management of the ~$430bn TARP program.
Before van Etten joined Celsius, he worked in the asset management space for twenty years. During that period, he built a wide investment experience and performed various global leadership roles at different financial institutions such as ING, Voya, UBS and Nuveen. He also helped oversee management of more than $200 billion in client assets in previous CIO roles. Besides that, he executed various advisory roles, focusing on efficiency programs at big global financial institutions. He also led the execution of various growth strategies and large-scale strategic projects that helped positioning businesses for future success.
Alex Mashinsky, CEO of Celsius, talked about the development and said, “We are seeing a migration of talent from traditional finance to decentralized finance and crypto companies. As we prepare for the next chapter of our growth, I am excited to see this top tier talent join our team with the exemplary leadership and wealth of experience that Denizkurdu and van Etten bring from Citigroup and UBS, respectively.”
Crypto Firms Are Expanding to Serve More Users
The development by Celsius Network comes at a time when many crypto firms are hiring professionals to help them manage rising customer demands associated with the crypto boom.
Bitcoin
Bitcoin
Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious entity named Satoshi Nakamoto. As a digital currency or cryptocurrency, Bitcoin operates without a central bank or single administrator. Instead, Bitcoin can be sent via a Peer-to-Peer (P2P) networking, devoid of intermediaries.Bitcoins are not issued or backed by any governments or banks, and Bitcoin is not considered to be legal tender, although they do have status as an acknowledged transfer of value in some jurisdictions. Rather than composing a physical currency, Bitcoins are pieces of code that can be sent and received across a kind of distributed ledger network called a blockchain. Transactions on the Bitcoin network are confirmed by a network of computers (or nodes) that solve a series of complex equations. This process is called mining. In exchange for mining, the computers receive rewards in the form of new Bitcoins. Mining grows increasingly difficult over time, and the rewards get smaller and smaller. There is a total of 21 million Bitcoins. As of May 2020, there are 18.3 million Bitcoins in circulation. This number changes approximately every 10 minutes when new blocks are mined. Presently, each new block adds 12.5 bitcoins into circulation.Since its inception, Bitcoin has remained the most popular and largest cryptocurrency in terms of market cap in the world. Bitcoin’s popularity has contributed significantly to the release of thousands of other cryptocurrencies, called “altcoins.” While the crypto market was originally hegemonic, today’s landscape features countless altcoins.Bitcoin ControversyBitcoin has been extremely controversial since its original launch. Given its mercurial nature, Bitcoin has been criticized for its use in illegal transactions and money laundering.As its impossible to trace, these attributes make Bitcoin the ideal vehicle for illicit behavior. Moreover, critics point to its high electricity consumption for mining, rampant price volatility, and thefts from exchanges. Bitcoin has been seen as a speculative bubble given its lack of oversight. The crypto has weathered multiple collapses and survived over a decade so far. Unlike its launch back in 2009, Bitcoin today is viewed far differently and is much more accepted by merchants and other entities.
Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious entity named Satoshi Nakamoto. As a digital currency or cryptocurrency, Bitcoin operates without a central bank or single administrator. Instead, Bitcoin can be sent via a Peer-to-Peer (P2P) networking, devoid of intermediaries.Bitcoins are not issued or backed by any governments or banks, and Bitcoin is not considered to be legal tender, although they do have status as an acknowledged transfer of value in some jurisdictions. Rather than composing a physical currency, Bitcoins are pieces of code that can be sent and received across a kind of distributed ledger network called a blockchain. Transactions on the Bitcoin network are confirmed by a network of computers (or nodes) that solve a series of complex equations. This process is called mining. In exchange for mining, the computers receive rewards in the form of new Bitcoins. Mining grows increasingly difficult over time, and the rewards get smaller and smaller. There is a total of 21 million Bitcoins. As of May 2020, there are 18.3 million Bitcoins in circulation. This number changes approximately every 10 minutes when new blocks are mined. Presently, each new block adds 12.5 bitcoins into circulation.Since its inception, Bitcoin has remained the most popular and largest cryptocurrency in terms of market cap in the world. Bitcoin’s popularity has contributed significantly to the release of thousands of other cryptocurrencies, called “altcoins.” While the crypto market was originally hegemonic, today’s landscape features countless altcoins.Bitcoin ControversyBitcoin has been extremely controversial since its original launch. Given its mercurial nature, Bitcoin has been criticized for its use in illegal transactions and money laundering.As its impossible to trace, these attributes make Bitcoin the ideal vehicle for illicit behavior. Moreover, critics point to its high electricity consumption for mining, rampant price volatility, and thefts from exchanges. Bitcoin has been seen as a speculative bubble given its lack of oversight. The crypto has weathered multiple collapses and survived over a decade so far. Unlike its launch back in 2009, Bitcoin today is viewed far differently and is much more accepted by merchants and other entities.
Read this Term and other cryptocurrencies have captured people’s attention with amazing gains, creating newly minted billionaires and millionaires. However, there are also conversations about the volatility associated with crypto coins and the recent sell-off in Bitcoin. But what remains is the dire need for quality talents to work in such rapidly growing companies.
With cryptocurrency going mainstream, there is now intense competition from major banks, hedge funds, fintechs, investment banks, and all sorts of other financial institutions. Tesla, Block Inc (formerly Square), Meta Platform Inc (formerly Facebook), MicroStrategy, Apple, and other tech firms are seeking to get in the crypto sector or have already taken action. El Salvador, a country in Central America, has already made Bitcoin a legal tender. All these show that a large number of job openings seek talents to leverage their strategic positions in the crypto industry.
Coinbase, the largest crypto exchange in the US, has been hiring from investment banks such as JPMorgan, Barclays, and HSBC. Binance, the world’s largest crypto exchange, recently advertised more than 350 jobs globally. BlockFi, a crypto-management platform, currently hired 100 people internationally, including both remote and in-office options. Last year, Crypto exchange FTX hired a former forex sales executive from HSBC as an effort to serve traditional financial institutions. The Bahamian-based exchange has been actively reaching out to traditional finance firms (like banks, payment processors, and hedge funds) to develop relationships, figuring out which products they want most, and developing beta versions of such products.
On January 14, Celsius Network, a leading cryptocurrency loan company, announced the appointment of Aslihan Denizkurdu as Chief Operating Officer and Frank van Etten as Chief Investment Officer. The company made such hiring as it prepares to serve its customers in a better way. In her role, Denizkurdu will be in charge of positioning Celsius as a reliable and trusted service provider to its customers while continuously strengthening the firm’s infrastructure as well as management and governance practices. On the other hand, Van Etten will be responsible for overseeing Celsius’ investment activities and teams. In this function, Van Etten will be tasked with generating returns on
cryptocurrencies
Cryptocurrencies
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities.
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities.
Read this Term at Celsius’ platform and positioning the business for sustainable growth. Both Denizkurdu and van Etten will report to Celsius’ CEO Alex Mashinsky.
Before Celsius, Denizkurdu worked at CitiGroup where she served as the Chief Operating Officer and Head of Governance for Risk Management. Prior working at CitiGroup, she served as a Senior Buy-side Research Analyst at AllianceBernstein Holding, a global asset management firm, where she helped various financial companies invest in their business growth. In this role, Denizkurdu also assisted in advising the US Treasury department on the management of the ~$430bn TARP program.
Before van Etten joined Celsius, he worked in the asset management space for twenty years. During that period, he built a wide investment experience and performed various global leadership roles at different financial institutions such as ING, Voya, UBS and Nuveen. He also helped oversee management of more than $200 billion in client assets in previous CIO roles. Besides that, he executed various advisory roles, focusing on efficiency programs at big global financial institutions. He also led the execution of various growth strategies and large-scale strategic projects that helped positioning businesses for future success.
Alex Mashinsky, CEO of Celsius, talked about the development and said, “We are seeing a migration of talent from traditional finance to decentralized finance and crypto companies. As we prepare for the next chapter of our growth, I am excited to see this top tier talent join our team with the exemplary leadership and wealth of experience that Denizkurdu and van Etten bring from Citigroup and UBS, respectively.”
Crypto Firms Are Expanding to Serve More Users
The development by Celsius Network comes at a time when many crypto firms are hiring professionals to help them manage rising customer demands associated with the crypto boom.
Bitcoin
Bitcoin
Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious entity named Satoshi Nakamoto. As a digital currency or cryptocurrency, Bitcoin operates without a central bank or single administrator. Instead, Bitcoin can be sent via a Peer-to-Peer (P2P) networking, devoid of intermediaries.Bitcoins are not issued or backed by any governments or banks, and Bitcoin is not considered to be legal tender, although they do have status as an acknowledged transfer of value in some jurisdictions. Rather than composing a physical currency, Bitcoins are pieces of code that can be sent and received across a kind of distributed ledger network called a blockchain. Transactions on the Bitcoin network are confirmed by a network of computers (or nodes) that solve a series of complex equations. This process is called mining. In exchange for mining, the computers receive rewards in the form of new Bitcoins. Mining grows increasingly difficult over time, and the rewards get smaller and smaller. There is a total of 21 million Bitcoins. As of May 2020, there are 18.3 million Bitcoins in circulation. This number changes approximately every 10 minutes when new blocks are mined. Presently, each new block adds 12.5 bitcoins into circulation.Since its inception, Bitcoin has remained the most popular and largest cryptocurrency in terms of market cap in the world. Bitcoin’s popularity has contributed significantly to the release of thousands of other cryptocurrencies, called “altcoins.” While the crypto market was originally hegemonic, today’s landscape features countless altcoins.Bitcoin ControversyBitcoin has been extremely controversial since its original launch. Given its mercurial nature, Bitcoin has been criticized for its use in illegal transactions and money laundering.As its impossible to trace, these attributes make Bitcoin the ideal vehicle for illicit behavior. Moreover, critics point to its high electricity consumption for mining, rampant price volatility, and thefts from exchanges. Bitcoin has been seen as a speculative bubble given its lack of oversight. The crypto has weathered multiple collapses and survived over a decade so far. Unlike its launch back in 2009, Bitcoin today is viewed far differently and is much more accepted by merchants and other entities.
Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious entity named Satoshi Nakamoto. As a digital currency or cryptocurrency, Bitcoin operates without a central bank or single administrator. Instead, Bitcoin can be sent via a Peer-to-Peer (P2P) networking, devoid of intermediaries.Bitcoins are not issued or backed by any governments or banks, and Bitcoin is not considered to be legal tender, although they do have status as an acknowledged transfer of value in some jurisdictions. Rather than composing a physical currency, Bitcoins are pieces of code that can be sent and received across a kind of distributed ledger network called a blockchain. Transactions on the Bitcoin network are confirmed by a network of computers (or nodes) that solve a series of complex equations. This process is called mining. In exchange for mining, the computers receive rewards in the form of new Bitcoins. Mining grows increasingly difficult over time, and the rewards get smaller and smaller. There is a total of 21 million Bitcoins. As of May 2020, there are 18.3 million Bitcoins in circulation. This number changes approximately every 10 minutes when new blocks are mined. Presently, each new block adds 12.5 bitcoins into circulation.Since its inception, Bitcoin has remained the most popular and largest cryptocurrency in terms of market cap in the world. Bitcoin’s popularity has contributed significantly to the release of thousands of other cryptocurrencies, called “altcoins.” While the crypto market was originally hegemonic, today’s landscape features countless altcoins.Bitcoin ControversyBitcoin has been extremely controversial since its original launch. Given its mercurial nature, Bitcoin has been criticized for its use in illegal transactions and money laundering.As its impossible to trace, these attributes make Bitcoin the ideal vehicle for illicit behavior. Moreover, critics point to its high electricity consumption for mining, rampant price volatility, and thefts from exchanges. Bitcoin has been seen as a speculative bubble given its lack of oversight. The crypto has weathered multiple collapses and survived over a decade so far. Unlike its launch back in 2009, Bitcoin today is viewed far differently and is much more accepted by merchants and other entities.
Read this Term and other cryptocurrencies have captured people’s attention with amazing gains, creating newly minted billionaires and millionaires. However, there are also conversations about the volatility associated with crypto coins and the recent sell-off in Bitcoin. But what remains is the dire need for quality talents to work in such rapidly growing companies.
With cryptocurrency going mainstream, there is now intense competition from major banks, hedge funds, fintechs, investment banks, and all sorts of other financial institutions. Tesla, Block Inc (formerly Square), Meta Platform Inc (formerly Facebook), MicroStrategy, Apple, and other tech firms are seeking to get in the crypto sector or have already taken action. El Salvador, a country in Central America, has already made Bitcoin a legal tender. All these show that a large number of job openings seek talents to leverage their strategic positions in the crypto industry.
Coinbase, the largest crypto exchange in the US, has been hiring from investment banks such as JPMorgan, Barclays, and HSBC. Binance, the world’s largest crypto exchange, recently advertised more than 350 jobs globally. BlockFi, a crypto-management platform, currently hired 100 people internationally, including both remote and in-office options. Last year, Crypto exchange FTX hired a former forex sales executive from HSBC as an effort to serve traditional financial institutions. The Bahamian-based exchange has been actively reaching out to traditional finance firms (like banks, payment processors, and hedge funds) to develop relationships, figuring out which products they want most, and developing beta versions of such products.
Source: https://www.financemagnates.com/executives/celsius-network-hires-traditional-finance-execs-aslihan-denizkurdu-frank-van-etten/
