Business | ForkLog

ForkLog 21 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 11 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 19 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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ForkLog 11 21.09.2023

Tether bets $420m on Nvidia GPUs

The USDT issuer, Tether Limited, spent $420m on acquiring 10,000 Nvidia H100 chips. The GPUs will be the payment for 20% stake in the mining company Northern Data.

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ForkLog 15 18.09.2023

Binance.US trading volume sinks amid SEC dispute

On September 16, Binance's U.S. trading volume fell to $5.1 million amid restructuring and the departure of CEO Brian Schroeder following allegations by the SEC.

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ForkLog 13 15.09.2023

Media reports the departures of two top Binance.US executives

The heads of Binance.US's legal department, Krishna Juvvadi, and the head of risk, Sidney Majalya, have left the company.

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ForkLog 18 14.09.2023

Binance.US outlook remains murky until CZ sells his stake, sources say

Growth prospects for Binance.US are limited due to ties between the business and Changpeng Zhao, the CEO of the global platform, and the current regulatory environment, according to an internal presentation reviewed by sources The Block.

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ForkLog 32 14.09.2023

Voice, Block.one-backed social network, to wind down operations

In the coming months, Web3 social network Voice, backed by Block.one, will wind down its operations due to “uncertainty in the crypto markets and NFT.”

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ForkLog 10 14.09.2023

Sam Altman acknowledges problems at Worldcoin

Operational challenges and overcoming resistance to collecting biometric data remain difficult tasks. This was stated by Worldcoin co-founder Sam Altman, The Block reports.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 16 11.09.2023

FTX sues LayerZero, seeks $86 million

FTX filed a lawsuit against LayerZero Labs, the company behind the omnichain protocol, seeking to recover $86 million.

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