Business | ForkLog

ForkLog 7 30.12.2022

Journalists report Huobi plans to cancel bonuses and cut staff

The cryptocurrency exchange Huobi will cancel year-end bonuses and carry out a staff optimisation.

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ForkLog 7 28.12.2022

Midas Investments closes after Celsius and FTX collapses

The custodial investment platform Midas Investments announced that it would cease operations due to liquidity shortages triggered by a string of adverse events in the industry.

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ForkLog 8 27.12.2022

Argo Blockchain asks Nasdaq to suspend trading of its shares

The British mining company Argo Blockchain asked Nasdaq to suspend trading of its shares until a statement on Wednesday, December 28.

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ForkLog 4 27.12.2022

Nexo makes final offer to acquire Vauld

The crypto-lending platform Nexo denied reports that it had walked away from acquiring Vauld and presented an updated takeover offer. The Block reports.

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ForkLog 9 26.12.2022

Nexo ends talks over Vauld acquisition

After six months of discussions, the deal by the crypto-lending platform Nexo to acquire its rival Vauld collapsed. The Block reports.

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ForkLog 5 22.12.2022

Bloomberg: FTX’s 94% stake in Blockfolio financed with FTT tokens

FTX's purchase of a controlling stake in Blockfolio in 2020 was 94% financed with FTT utility tokens. Bloomberg reports.

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ForkLog 9 21.12.2022

Opinion: Yuga Labs appoints a new CEO, signaling an important development for GameFi

Yuga Labs' decision to appoint Daniel Alegre, a top executive at Activision Blizzard, as CEO, is important for the entire GameFi. This view was expressed by Illuvium co-founder Kieran Warwick.

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ForkLog 10 21.12.2022

Australian Swyftx and Superhero pull out of merger

Australian cryptocurrency exchange Swyftx and local online investment platform Superhero announced they were abandoning the merger. The move was driven by tighter industry regulation, according to the Australian Financial Review.

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ForkLog 8 20.12.2022

Auros market maker becomes yet another victim of the FTX crash.

Auros market maker filed for restructuring after the company lost access to $20 million on the FTX platform. This comes from documents filed with the British Virgin Islands bankruptcy court, The Block reports.

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ForkLog 9 20.12.2022

Mojito Markets halts operations after FTX collapse

Mojito Markets, a decentralized betting platform built on the Aptos blockchain, announced a halt to operations due to the consequences of the FTX and Alameda collapse.

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ForkLog 7 19.12.2022

Insurers curb coverage of crypto firms’ risks after the FTX collapse

Insurance companies are denying cooperation or cutting coverage for clients who interacted with the FTX exchange going through bankruptcy proceedings. Reuters reports.

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ForkLog 6 19.12.2022

Former BitMEX CEO sues exchange for $3.4 million

The former BitMEX CEO Alexander Heptner filed a $3.4 million lawsuit against the derivatives exchange operator, alleging unlawful termination and breach of his employment contract, The Block reports.

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