Business | ForkLog

ForkLog 10 11.01.2023

Coinbase to wind down most of its operations in Japan

The American bitcoin exchange Coinbase has decided to wind down most of its operations in Japan as part of cost-cutting measures. The report is by BNN Bloomberg.

AI translated

ForkLog 16 11.01.2023

Changpeng Zhao outlines plans to expand Binance staff by 15–30%

In 2023, Binance will continue to scale up — plans call for expanding the workforce by 15–30% after growing from 3,000 to 8,000 employees last year. The Block reports.

AI translated

ForkLog 21 11.01.2023

ConsenSys reportedly plans to lay off more than 100 employees

ConsenSys plans to sever ties with 100 or more employees. CoinDesk reports citing an informed source.

AI translated

ForkLog 14 10.01.2023

Coinbase to lay off 20% of staff in third round of layoffs

The cryptocurrency exchange Coinbase will terminate employment with 950 employees as part of a 25% reduction in operating expenses. Since June 2022 this will be the third wave of layoffs affecting 2,110 workers.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 09.01.2023

Wyre to cap withdrawals

Wyre, the crypto-payments startup, announced changes to its withdrawal policy. Users will be able to withdraw no more than 90% of their account balance, subject to daily limits.

AI translated

ForkLog 8 30.12.2022

Creditors harmed by crypto-platform collapses put claims up for sale

As of December 30, the specialised platform Xclaim lists 9,256 claims for sale against the crypto platforms undergoing bankruptcy proceedings: FTX, Celsius Network, BlockFi and Voyager Digital.

AI translated

ForkLog 9 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.

AI translated

ForkLog 13 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.

AI translated

ForkLog 18 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.

AI translated

ForkLog 10 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.

AI translated

ForkLog 15 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.

AI translated

ForkLog 6 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.

AI translated

#Business