Business | ForkLog

ForkLog 16 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 12 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 10 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 15 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 11 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 12 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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ForkLog 8 16.12.2022

Mazars suspends services to crypto clients

Auditing firm Mazars Group has suspended work with all crypto-industry clients following Binance's bitcoin-reserve review, Bloomberg reports, citing the exchange.

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ForkLog 8 16.12.2022

Japan to cut tax on unrealised profits for token issuers

The Tax Committee of the ruling Liberal Democratic Party of Japan approved a loosening of the tax burden on token issuers. Bloomberg reports.

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ForkLog 14 15.12.2022

Amber Group cancels annual bonuses and cuts management salaries

The cryptocurrency platform Amber Group canceled annual bonuses for employees due to slow business growth and industry uncertainty, Bloomberg reports.

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ForkLog 16 14.12.2022

Compound accused of selling unregistered securities

A lawsuit has been filed in the U.S. District Court for the Northern District of California against the decentralized autonomous organization behind the lending platform Compound, its co-founder Robert Leshner, and venture investors backing the project, alleging the sale of unregistered securities.

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ForkLog 12 13.12.2022

Financial Stability Board to tighten crypto regulation

The G20's advisory body responsible for financial regulation will present proposals for regulating the cryptocurrency market with a concrete timeline for their implementation in early 2023, according to the Financial Times.

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ForkLog 15 12.12.2022

Exchanges halted trading of Argo Blockchain shares

The London and New York stock exchanges halted trading in Argo Blockchain shares without giving a reason. The community awaits a statement from the mining company about bankruptcy.

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