Business | ForkLog

ForkLog 8 30.10.2023

Sam Bankman-Fried refutes witnesses’ statements in the FTX collapse case

The testimony of former FTX CEO Sam Bankman-Fried (SBF) before jurors in the case of the exchange's collapse contradicted the positions of key witnesses.

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ForkLog 7 30.10.2023

Hester Peirce condemns SEC actions in the LBRY case

Hester Peirce: the time and resources the SEC spent on the LBRY case would be better spent on creating a functioning regulatory framework.

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ForkLog 12 26.10.2023

Binance names regional head for Central and Eastern Europe and Central Asia

The cryptocurrency exchange Binance announced the appointment of Kirill Khomyakov as head of Central and Eastern Europe (CEE) and Central Asia.

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ForkLog 16 24.10.2023

Binance UK chief resigns amid regulatory pressure

The head of Binance's UK arm and, concurrently, CEO of its payments firm Bifinity, Jonathan Farnell, left the company in September.

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ForkLog 13 23.10.2023

FTX creditors’ claims fetch about 52 cents on the dollar.

FTX creditors' claims in the bankruptcy proceedings reached about 52 cents on the dollar in OTC deals. The catalyst was expectations of higher recoveries for creditors.

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ForkLog 36 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 9 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 9 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 16 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 11 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 20 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 24 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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