Business | ForkLog

ForkLog 7 27.01.2023

Bloomberg puts FTX lawyers’ fees in the hundreds of millions

The fee for Sullivan & Cromwell, acting for FTX in the exchange's bankruptcy case, is likely to reach hundreds of millions of dollars before the process concludes. Bloomberg Law reports.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 27.01.2023

Media reports layoffs at Matrixport owned by Ji Han Wu

Matrixport, the crypto-lending platform owned by Ji Han Wu, will lay off 10% of its staff. Bloomberg reports.

AI translated

ForkLog 6 25.01.2023

Nifty Gateway co-founders depart Gemini

Nifty Gateway co-founders Duncan Kok Foster and Griffin Kok Foster said they are stepping away from their posts and leaving Gemini. In 2019, the bitcoin exchange acquired the NFT marketplace.

AI translated

ForkLog 6 23.01.2023

Argo Blockchain avoids Nasdaq delisting

The British mining company Argo Blockchain has met Nasdaq's listing criterion — its shares will continue to trade on the exchange. This was stated in a press release.

AI translated

ForkLog 24 20.01.2023

MarsBit, a Chinese publication, eyes CoinDesk acquisition

Founder of the Chinese cryptocurrency publication MarsBit, Van Feng, said he is willing to cooperate with other companies to acquire CoinDesk.

AI translated

ForkLog 6 20.01.2023

Bybit chief refutes possible impact of Genesis bankruptcy on the exchange

Co-founder and CEO Ben Zhou commented on the community's reaction to the fact that the Bitcoin exchange had become one of Genesis Global's largest creditors in bankruptcy.

AI translated

ForkLog 14 20.01.2023

Charles Hoskinson Eyes Acquisition of CoinDesk

Cardano founder Charles Hoskinson is weighing the possibility of acquiring CoinDesk, a publication focused on the crypto industry.

AI translated

ForkLog 15 19.01.2023

DCG weighs sale of CoinDesk to raise capital for growth

DCG is considering selling part or all of CoinDesk to raise capital to spur its future growth, The Wall Street Journal reported.

AI translated

ForkLog 9 18.01.2023

Coinbase to halt operations in Japan

The American bitcoin exchange Coinbase announced it was ceasing operations in Japan. The company cited unfavourable market conditions.

AI translated

ForkLog 39 18.01.2023

Digital Currency Group halts quarterly dividend payments

The DCG holding, facing financial difficulties after the collapse of FTX, said it would suspend quarterly dividend payments. Bloomberg reports.

AI translated

ForkLog 10 17.01.2023

Silvergate Bank posts a $1.05 billion quarterly loss for Q4 2022

Silvergate Capital reported the results of its subsidiary Silvergate Bank for Q4 2022. The digital-asset-focused institution posted a net loss of $1.05 billion.

AI translated

ForkLog 10 17.01.2023

Bernstein forecasts crypto-industry revenues to reach $400bn by 2033

Over the next ten years, crypto industry revenues will rise sixteen-fold, from $25bn to $400bn. Bernstein analysts put forward such estimates, according to CoinDesk.

AI translated

#Business