PANews reported on June 3 that according to The Block, Cecilia Hsueh, co-founder and CEO of Ethereum Layer2 project Morph, announced her resignation, and her successor is the current Chief Growth Officer and former Binance executive Colin Goltra. The transition began three months ago and has now been officially completed. Morph was incubated by Bitget and established in 2023. Last year, it received $20 million in financing led by Dragonfly. The new CEO Goltra was formerly the Chief Operating Officer of YGG and the Director of Asia Pacific Expansion of Binance, and has more than 10 years of Web3 experience. Hsueh will move to a project consultant.