Business | ForkLog

ForkLog 10 07.07.2023

MicroStrategy parts ways with one of its top executives

MicroStrategy's chief revenue officer Kevin Adkisson left the company after nearly seven years.

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ForkLog 13 07.07.2023

Binance chief comments on top executives’ departure amid DOJ investigation

Binance’s chief executive Changpeng Zhao (CZ) commented on media reports about the resignation of top executives amid a U.S. Department of Justice investigation.

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ForkLog 10 03.07.2023

Hut 8 Mining reports growth in the high-performance computing sector

Hut 8 Mining announced new contracts for high-performance computing services, including the artificial intelligence (AI) industry.

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ForkLog 9 28.06.2023

Nevada Regulator Seeks Prime Trust Bankruptcy

The Nevada Department of Business and Industry filed in court a petition to bar Prime Trust, the crypto custodian, from any business operations and appoint a bankruptcy trustee for the company.

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ForkLog 21 28.06.2023

Revolut cuts crypto trading fees

The fintech company Revolut has revised its fee structure for cryptocurrency operations. The Block reports this, citing a letter to customers.

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ForkLog 9 27.06.2023

Robinhood to lay off 7% of its staff

The online broker Robinhood will cut about 7% of its staff, according to The Wall Street Journal, citing an internal company memo.

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ForkLog 26 23.06.2023

Siemens processes euro payments with JPM Coin from JPMorgan

JPMorgan offered JPM Coin stablecoin for euro transactions. The first client was Siemens, the German industrial conglomerate.

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ForkLog 11 23.06.2023

Prime Trust freezes withdrawals after Nevada regulator order

Crypto custodian Prime Trust suspended deposits and withdrawals in fiat and digital assets following the Nevada Department of Business and Industry's order.

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ForkLog 9 23.06.2023

Robinhood to acquire fintech startup X1 for $95 million

Online broker Robinhood has agreed to acquire X1, a platform that offers a no-annual-fee cashback credit card. The deal is expected to be worth about $95 million.

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ForkLog 14 20.06.2023

Crypto advocate set to become Alibaba’s new chairman of the board

Co-founder Joseph Tsai will replace Daniel Zhang as chair of Alibaba's board.

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ForkLog 7 15.06.2023

Crypto broker FPG halts withdrawals after $15 million loss

Floating Point Group, a prime broker, halted trading, deposits and withdrawals after a cybersecurity incident. Preliminary losses were estimated at $15-20 million.

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ForkLog 8 14.06.2023

Prime Trust’s payments unit files for bankruptcy

Banq, the payments subsidiary of the crypto custodian Prime Trust, filed for Chapter 11 bankruptcy protection in the United States District Court for the District of Nevada.

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