Business | ForkLog

ForkLog 10 29.11.2023

Philippine regulator accuses Binance of operating without registration

Binance is not registered as a company in the Philippines and does not have the necessary licenses to operate. This is stated in a special notice by the local Securities and Exchange Commission.

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ForkLog 6 28.11.2023

FSB sees ‘limited’ risks from collapse of crypto-holdings

The collapse of crypto firms focused on diverse lines of business poses a limited threat to the real economy. This conclusion was reached by the Financial Stability Board (FSB) of the G20. Multifunction crypto-asset intermediaries (MCIs) are a critical component of the #cryptoasset ecosystem as their business models have expanded and continue to evolve. Our report looks at MCI vulnerabilities and risks they may pose to ...

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ForkLog 16 27.11.2023

U.S. DOJ: Changpeng Zhao could face up to ten years in prison

Former Binance chief Changpeng Zhao (CZ) should remain free before the verdict, but not leave the United States due to a “managed flight risk”. Such language appears in the DOJ’s new filing.

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ForkLog 8 22.11.2023

Analysts weigh Binance prospects after deal with US authorities

Matrixport: Binance will remain among the largest CEXs over the next two to three years; the deal with US agencies is a positive outcome, despite the absence of the SEC.

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ForkLog 13 21.11.2023

OpenAI board reportedly proposed replacing Altman and pursuing a merger with Anthropic

OpenAI's board approached the CEO of competing AI company Anthropic, Dario Amodei, with a proposal to replace Sam Altman as CEO and a potential merger of the startups.

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ForkLog 34 20.11.2023

Bullish completes acquisition of CoinDesk

Bullish has completed the acquisition of CoinDesk, a crypto-focused publication.

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ForkLog 5 20.11.2023

Meta restructures its AI divisions

Meta dissolved the team responsible for regulating and mitigating potential threats in AI development.

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ForkLog 9 19.11.2023

Bloomberg reports OpenAI investors seek to reinstate Sam Altman as CEO

Top OpenAI investors are demanding that the company reinstate Sam Altman as chief executive. Bloomberg reports, citing sources familiar with the matter.

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ForkLog 236 18.11.2023

Bloomberg: Jump Trading drops support for Wormhole

Jump Trading spun off the cross-chain bridge Wormhole into a standalone business, Bloomberg reports.

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ForkLog 18 17.11.2023

Aave Companies rebrands as Avara and acquires wallet developer Family

The team behind the DeFi platform Aave rebranded, changing its name to Avara.

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ForkLog 12 15.11.2023

Founders of Opyn DeFi project exit the crypto industry

The founders of the DeFi company Opyn, Zubin Koticha and Alexis Gauba, have decided to leave the crypto industry following regulatory actions against the project by the CFTC.

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ForkLog 16 11.11.2023

Court orders Hodlnaut liquidation and debt repayments to 17,000 customers

The Singapore-based crypto-lending platform Hodlnaut will be liquidated. EY said this, citing the court decision.

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