Best crypto memes of the day – August 15th

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• Shake-Up at Sequoia Capital: Departures of Key Partners Mark Transformation

  TL;DR Breakdown Michael Moritz, a long-time partner at Sequoia Capital, is leaving to shift his focus to Sequoia Heritage, a wealth management enterprise he co-founded. Sequoia Capital faces reputational damage due to its involvement in the collapse of FTX, a cryptocurrency exchange, resulting in the loss of millions from its global growth fund. Description Sequoia Capital, the renowned venture capital firm with a storied history of successful investments, has experienced a series of significant transformations in the past year. This period has been marked by market turbulence, restructuring, and the departure of several key investors. Among those leaving the firm is veteran partner Michael Moritz, who will shift his … Read more Sequoia Capital, the renowned venture capital firm with a storied history of successful investments, has experienced a series of significant transformations in the past year. This period has been marked by market turbulence, restructuring, and the departure of several key investors. Among those leaving the firm is veteran partner Michael Moritz, who will shift his focus to Sequoia Heritage, a wealth management enterprise he co-founded. These departures come…

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• UK’s FCA vows no bias in crypto regulation, size doesn’t guarantee approval

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• Banking giants in South Korea embrace the future of digital assets

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• Ethereum layer-2 network Base suffers temporary outage

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