Business | ForkLog

ForkLog 20 11.07.2023

Report: Crypto-industry jobs fall by 10%

Over the past year, employment in the crypto sector fell by 10% — from 210,000 to 190,000 employees.

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ForkLog 25 10.07.2023

Media: 3AC liquidator to press claims against DCG and BlockFi for $1.2 billion

The liquidation firm Teneo, tasked with winding up Three Arrows Capital (3AC), pointed to the possibility of recovering $1.2 billion in court from Digital Currency Group (DCG) and BlockFi.

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ForkLog 8 10.07.2023

Matrixport appoints new head of its U.S. unit

The crypto-lending platform Matrixport has appointed a new CEO to run its U.S. business.

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ForkLog 16 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 15 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 15 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 15 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 28 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 12 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 11 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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