Business | ForkLog

ForkLog 267 01.12.2025

Bitcoin Mining Faces Unprecedented Profitability Crisis, Experts Say

Bitcoin miners are experiencing the toughest profitability conditions in history, according to TheMinerMag.

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ForkLog 219 27.11.2025

S&P cuts Tether’s stability score to the lowest tier

S&P Global Ratings cut Tether’s stability score to its lowest tier, citing rising risky assets and thin buffers.

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ForkLog 138 25.11.2025

Exodus Utilises Bitcoin Loan for Acquisition of Baanx and Monavate

The wallet developer Exodus Movement has agreed to purchase W3C Corp and its subsidiaries, Baanx and Monavate. The deal is valued at $175 million.

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ForkLog 400 22.11.2025

Bitcoin Advocate Robert Kiyosaki Sells $2.25 Million in Cryptocurrency

Entrepreneur and author of "Rich Dad, Poor Dad," Robert Kiyosaki, announced he sold his bitcoins worth $2.25 million to generate "additional cash flow."

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ForkLog 137 12.11.2025

Sonic Labs to Revamp Tokenomics for Deflationary Strategy

The head of Sonic Labs, Mitchell Demeter, announced that the company will alter its tokenomics to create a deflationary mechanism and enhance its business development in the United States.

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ForkLog 120 12.11.2025

Coinbase Abandons $2 Billion Acquisition of BVNK

Coinbase and stablecoin startup BVNK have mutually decided to abandon a $2 billion acquisition deal.

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ForkLog 227 08.11.2025

Bitcoin Miner Phoenix Expands Capacity in Ethiopia by 30 MW

Abu Dhabi-based mining company Phoenix Group announced the establishment of a 30 MW cryptocurrency mining facility in Addis Ababa, the capital of Ethiopia.

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ForkLog 198 07.11.2025

Ripple Dismisses IPO Plans

Ripple has no immediate plans to go public, unlike several American crypto industry players, said Monica Long.

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ForkLog 162 07.11.2025

Robinhood’s Crypto Revenue Falls Short Despite 300% Growth

JPMorgan analysts described Robinhood's third-quarter financial results as solid but lacking in quality. The bank cited the company's weak revenue from cryptocurrency trading, according to CoinDesk.

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ForkLog 130 04.11.2025

Ripple Acquires Wallet Developer Palisade

Ripple has acquired Palisade, a developer of custodial solutions, to expand Ripple Custody and offer it to a wider range of clients.

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ForkLog 222 03.11.2025

Cipher Mining Secures $5.5 Billion AI Hosting Deal with AWS

Mining firm Cipher Mining has announced a $5.5 billion lease agreement with Amazon Web Services (AWS) to support AI computing.

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ForkLog 320 01.11.2025

Riot Describes Bitcoin Mining as a Means to an End

Riot Platforms reported a net profit of $104.5 million in the third quarter, with record revenue of $180.2 million.

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