Business | ForkLog

ForkLog 29 20.10.2023

Regulated to oblivion. Blockchain startup LBRY shuts down after SEC battle

The developer of the decentralized media platform Odysee — the startup LBRY — announced it would cease operations, citing “multi-million-dollar debts.” Users drew comparisons with Ripple.

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ForkLog 7 20.10.2023

Binance strikes deal to offer euro-denominated services

European Binance users gained the ability to deposit and withdraw funds in euros. This followed the service being discontinued in September by the previous partner.

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ForkLog 8 19.10.2023

Experts report a drain of developers from the Bitcoin industry

As of October 1, 2023, there were 19,300 open-source crypto developers. Over 12 months their number fell by 27%, according to Electric Capital's report.

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ForkLog 11 13.10.2023

Paolo Ardoino named new CEO of Tether

Paolo Ardoino, Tether's chief technology officer, has been named CEO of the issuer of the USDT stablecoin.

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ForkLog 9 09.10.2023

Media reports on Bitmain’s financial problems

Bitmain, the world's largest maker of mining equipment, partially withheld salaries from all employees in September, according to journalist Colin Wu.

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ForkLog 16 06.10.2023

Ledger to cut 12% of its workforce

The hardware-wallet maker Ledger will undertake staff optimisation due to 'macroeconomic headwinds'.

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ForkLog 18 04.10.2023

Opinion: FTX customers to be fully reimbursed after Anthropic funding round

The successful closing of Anthropic's new funding round of no less than $2 billion will raise the AI startup's valuation to $20-30 billion and create the basis for FTX customers to be fully reimbursed.

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ForkLog 16 02.10.2023

Chia Network lays off a third of its staff

The blockchain company Chia Network has laid off 24 of its 70 employees.

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ForkLog 10 26.09.2023

British Chase Bank to halt transfers to crypto startups

From October 16, the second-largest by assets in the United Kingdom, Chase Bank, will stop processing payments to crypto companies due to an increase in fraud cases related to digital assets. CoinDesk reports this.

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ForkLog 10 26.09.2023

Opinion: Mining companies seek to diversify revenue

Mining companies are exploring ways to diversify their sources of revenue. This conclusion was reached by Compass Mining analyst Anthony Power.

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ForkLog 15 22.09.2023

Journalists assess EU jurisdictions’ attractiveness for crypto firms

Of the 2,000 registered crypto firms in the EU, 938 are based in Poland—nearly twice as many as Lithuania in second place (499).

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ForkLog 17 21.09.2023

Tether resumes lending in its USDT stablecoin

The issuer of USDT, Tether Limited, has resumed lending in its own stablecoin, a year after assurances that such practice had ceased. The Wall Street Journal reports.

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