Business | ForkLog

ForkLog 7 02.12.2022

Bloomberg: V Ventures Proposed to Rescue Zipmex

V Ventures proposed to acquire 90% of Zipmex's shares, according to Bloomberg.

AI translated

ForkLog 13 01.12.2022

Kraken cuts around 30% of staff

The cryptocurrency exchange Kraken laid off about 1,100 employees, or around 30% of its staff, to adapt to current market conditions.

AI translated

ForkLog 6 28.11.2022

Media reports suggest AAX may shut down

The Hong Kong-based cryptocurrency exchange AAX, which suspended withdrawals, is reportedly on the verge of closure. 8BTC reports, citing TechFlow.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 25.11.2022

CoinList denies liquidity problems amid market FUD

The platform for token sales and the crypto exchange CoinList said there were no liquidity problems. It called reports online about withdrawal issues FUD.

AI translated

ForkLog 9 25.11.2022

Lemon Cash to cut 38% of its staff

Argentine cryptocurrency trading app Lemon Cash laid off about 100 employees (38% of staff) amid a difficult industry environment. CoinDesk reports.

AI translated

ForkLog 7 24.11.2022

Bybit launches $100 million fund to support institutional clients

Bitcoin exchange Bybit established a $100 million fund to support institutional clients during a difficult period for the industry.

AI translated

ForkLog 12 24.11.2022

NYT: Genesis does not rule out bankruptcy

The financially troubled crypto lender Genesis Global Capital has hired investment bank Moelis & Company to study options, including bankruptcy. The New York Times reports, citing its own sources.

AI translated

ForkLog 5 23.11.2022

Sam Bankman-Fried, in letter to former colleagues, hints at a possible rescue of FTX

Former FTX chief Sam Bankman-Fried explained to employees in a letter the causes of the collapse and did not rule out the possibility of the platform resuming operations. The Block obtained the document.

AI translated

ForkLog 13 23.11.2022

Foundry to buy two mining centres from the bankrupt Compute North

The DCG-owned Foundry Digital has signed an agreement with Compute North to acquire two operating cryptocurrency mining facilities and other assets.

AI translated

ForkLog 10 22.11.2022

Reuters: FTX bought $121 million worth of real estate to house its former chief

The parents of former FTX and Alameda Research chief Sam Bankman-Fried, he himself, and senior executives of the organisations have become owners of at least 19 premium real estate properties worth $121 million. This follows from documents Reuters had access to.

AI translated

ForkLog 9 22.11.2022

WSJ: Binance declines to rescue Genesis Global Capital

The bitcoin exchange Binance will not invest in Genesis Trading amid the crypto-lending platform's search for emergency funding of $1 billion. The Wall Street Journal reports.

AI translated

ForkLog 8 18.11.2022

Zipmex seeks extension of creditor-protection moratorium

The Thai cryptocurrency exchange Zipmex filed for creditor protection with the Singapore court until April 2, 2023.

AI translated

#Business