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.
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
Band Protocol Partners Overlay to Expand DeFi Perpetual Trading
Band Protocol and Overlay Protocol have partnered to enhance exotic perpetual trading in DeFi by integrating Band's oracle infrastructure with Overlay's platform, allowing traders to access unique market opportunities and improve data reliability.
BlockChainReporter2h ago
Proof-of-Reserve Hits $100M on Base, Signals RWA Shift
_Proof-of-Reserve vaults on Base cross $100M, signaling real-time verification is unlocking RWA use in DeFi markets._
Artificial Financial Intelligence reported that its Proof-of-Reserve vaults on Base have crossed $100 million. The update appeared in a detailed thread shared on X.
The firm
LiveBTCNews3h ago
Zcash Rally Gains Strength as Privacy Demand and ZODL Funding Lift ZEC
Key Insights:
The Zcash price rose above $235 with strong volumes, reflecting sustained institutional participation and signaling broader market confidence in privacy-focused digital assets.
The $25 million ZODL funding supports protocol upgrades, wallet growth, and shielded adoption,
CryptoNewsLand4h ago
Bitcoin DeFi on Cardano Reaches Milestone With First BTC-ADA Atomic Swap
The crypto sector may be struggling with the ongoing bear market, but some projects are relentlessly building and expanding their ecosystems. One such is Cardano, which just hit a milestone in its Bitcoin decentralized finance (DeFi) integration, by completing the first atomic swap between BTC and t
CryptoPotato4h ago
Ondo Gains After Franklin Templeton ETF Tokenization Deal
Key Insights
Ondo gained eight percent after partnering with Franklin Templeton, boosting visibility and signaling deeper integration between traditional finance and blockchain-based investment products globally.
Tokenized ETFs will enable round-the-clock trading through crypto wallets,
CryptoNewsLand5h ago
Pi Network Gears Up for Another Major Upgrade as PI Resists Market Drop
After successfully implementing several consecutive protocol updates, the Core Team behind the controversial project noted earlier today that the next one is already in the works.
At the same time, the underlying token has posted a minor gain since yesterday. However, its broader performance
CryptoPotato6h ago
