Share this article
BTC
$82,385.75
+
7.36%ETH
$1,642.23
+
12.01%USDT
$0.9994
+
0.05%XRP
$2.0416
+
11.81%BNB
$581.03
+
5.25%SOL
$119.19
+
14.64%USDC
$0.9999
-
0.02%DOGE
$0.1604
+
12.28%ADA
$0.6341
+
13.26%TRX
$0.2358
+
2.23%LEO
$9.3543
+
3.88%LINK
$12.62
+
15.78%TON
$3.1870
+
6.45%AVAX
$18.54
+
15.60%XLM
$0.2432
+
9.66%SUI
$2.2556
+
14.06%HBAR
$0.1711
+
14.31%SHIB
$0.0₄1193
+
11.69%OM
$6.4156
+
4.01%BCH
$306.52
+
13.47%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Loopring Names CTO Steve Guo as CEO, Replacing Founder Wang
Guo replaces Daniel Wang, who will work as an adviser to the firm and focus on developing its layer 2 strategy.
Loopring, an Ethereum-based project that helps developers build decentralized exchanges (DEX), named Chief Technology Officer Steve Guo as its CEO, replacing founder Daniel Wang.
- Wang will continue to work as an adviser and will spend time developing the project’s layer 2 strategy, the firm said in a blog post Thursday.
- Guo previously worked at Intel as a software engineer and a tech lead. He was admitted to the University of Science and Technology of China when he was 15 years old and graduated with a Ph.D. in computer science in 2005.
- “This year, we will focus on our new NFT [non-fungible token] support, improving documentation, polishing wallet and DEX user experience, and enhancing service availability. I believe the best of Loopring is yet to be seen,” said Guo.
- The loopring token (LRC) has lost about 60% of its value in the past month and was recently trading near $0.80, CoinDesk data shows. It touched a record high of $3.86 on Nov. 10, 2021.
Read more: Loopring Price Up 7-Fold This Month on GameStop Speculation, Metaverse Bets
STORY CONTINUES BELOW
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
