Business | ForkLog

ForkLog 14 25.12.2023

KyberSwap cuts 50% of staff after hack

In November, the decentralized exchange KyberSwap faced “unprecedented problems” due to the Elastic Pools liquidity pool hack.

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ForkLog 11 22.12.2023

Core Scientific outlines timeline for exiting bankruptcy

The mining company Core Scientific intends to exit the bankruptcy proceedings in mid-to-late January 2024.

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ForkLog 13 22.12.2023

Solana reports Saga smartphone shortage

The Solana team has been forced to cancel a portion of orders for the Saga blockchain smartphones due to 'inventory problems' at a third-party distributor.

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ForkLog 13 15.12.2023

Coinbase-backed startup Qredo closes its crypto exchange

Qredo, the infrastructure provider for crypto custody, abandoned the hybrid-exchange Ankex project due to financial difficulties.

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ForkLog 7 04.12.2023

Experts identify the main winners from Binance’s settlement with US authorities

Coinbase and Bybit recorded the largest increase in the market share of CEX after regulators' settlement with Binance. These assessments are in Kaiko's report.

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ForkLog 27 01.12.2023

SEBA, the Swiss crypto bank, rebrands as AMINA Bank

The licensed cryptocurrency bank SEBA from Switzerland has rebranded to AMINA Bank AG.

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ForkLog 16 30.11.2023

Coinbase CEO complains about lack of feedback from the SEC

CEO Coinbase Brian Armstrong: over a year and a half, the team met with SEC representatives 30 times, but did not obtain an answer on whether certain assets are securities.

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ForkLog 17 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 13 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 20 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 10 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 15 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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