Share this article
Former Mastercard Exec Joins Bitreserve's Security Team
Updated Sep 11, 2021, 11:43 a.m. Published Jun 9, 2015, 12:26 p.m.
Former MasterCard executive William Dennings has joined Bitreserve as the firm's chief information security officer (CISO).
Bitreserve
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
noted Dennings' appointment would be instrumental in the company's mission to set anti-money laundering (AML) and know your customer (KYC) controls, required to safeguard users' deposits and information.
The newly appointed CISO said:
"Information security extends well beyond IT and customer service in the global payments sector. It's vital to the secure, instant, easy and free movement of money that Bitreserve offers our members."
Having previously held the role of CISO at MasterCard, Dennings moved on to Nike in May 2013, where he held the same position for two years.
According to Bloomberg, he was named in a civil complaint filed by MasterCard against the sports giant, alleging he and a former engineering manager had urged colleagues to join them at Nike, in violation of their employment contracts.
Denning's announcement follows the appointment of Anthony Watson, former Nike CIO, as Bitreserve's new president and COO in April.
Correction: A previous version of this article stated that William Dennings had been named in a criminal complaint filed by MasterCard. The article has now been corrected to reflect that it was a civil complaint.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
KindlyMD Turns to Kraken as Fourth Provider for Bitcoin-Backed $210M Loan at 8%
An SEC filing shows the Kraken facility will be used to retire an outstanding Antalpha loan and requires significant bitcoin collateral.
What to know:
- KindlyMD turned to Kraken for a $210 million loan “bearing a fee of 8% per annum” with maturity on Dec. 4, 2026.
- The company said it will use the proceeds to satisfy its obligations to Antalpha Digital in full.
- Kraken becomes the company’s fourth financing source this year following earlier arrangements with Yorkville Advisors, Two Prime and Antalpha.
Top Stories
