Cryptocurrency market maker Portofino Technologies faces another wave of employee departures.
according to CoinDesk citing insiders, that the crypto market maker Portofino Technologies experienced another wave of senior staff departures a few months after the CFO and General Counsel left.
The source stated that Chief Revenue Officer Melchior de Villeneuve recently left the Swiss company. Due to the matter involving private information, the source requested anonymity. Office affairs manager Olivia Thurman has confirmed her resignation.
In addition, it is reported that two senior developers Olivier Ravanas and Mike Tryhorn, as well as two junior developers, have also left the crypto market maker company. According to LinkedIn profiles, De Villeneuve joined the company in January this year, but he did not immediately respond to requests for comment. Ravanas and Tryhorn also did not respond.
As of the time of publication, Portofino has not responded to multiple email requests for comment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Today: Ethereum's 60 Million Gas Spike: Major Milestone or Foreshadowing $80,000?
- Ethereum’s gas limit hits 60M, supported by 513K+ validators, boosting scalability ahead of Fusaka. - Vitalik Buterin highlights targeted gas cost hikes for inefficient operations to incentivize smart contract optimization. - zkSync’s Airbender innovation enables faster proof generation, paving the way for future gas limit expansions. - Fusaka upgrade (2025) aims to solidify Ethereum’s economic model, with long-term gas targets up to 150M via EIPs. - Despite $2,859 price, analysts project $80K potential

Australia Connects Conventional and Digital Finance Through Groundbreaking Cryptocurrency Regulations
- Australia introduces 2025 Digital Assets Framework Bill, requiring crypto exchanges and custodians to obtain AFSL and operate under ASIC oversight. - The legislation creates two license types: "digital asset platform" for crypto trading and "tokenized custody platform" for real-world asset tokens, with tailored compliance standards. - Small operators with <$5,000 per customer and <$10M annual volume get lighter requirements, aiming to balance innovation with consumer protection. - Projected to unlock $24

Security Systems Technology and ICP Network Expansion: A Cybersecurity-Focused Path Forward for Decentralized Infrastructure
- ICP's decentralized identity and encryption address cybersecurity gaps, enabling secure financial behavior through blockchain innovations. - Cross-chain interoperability with Bitcoin/Ethereum via Chain Fusion drives DeFi growth, unlocking $B+ liquidity through trustless swaps. - Institutional adoption and 30% 2025 price growth reflect ICP's appeal, bolstered by Azure/Google partnerships and 1.2M active wallets. - Regulatory scrutiny and 11% price volatility highlight risks, though technical resilience an

Why ZEC Is Soaring in Late 2025 and Its Implications for Cryptocurrency Investors
- Zcash (ZEC) surged to $9.24B market cap in late 2025 driven by 1,300% transaction volume spikes and 30% shielded pool adoption. - Institutional investors like Cypherpunk and Reliance allocated significant ZEC holdings, signaling privacy assets' growing institutional acceptance. - Zcash's hybrid privacy model - optional shielded transactions with blockchain compatibility - outperformed Monero as privacy demand rose amid data monetization trends. - Ecosystem expansion through OKX relisting and Solana integ

