Business | ForkLog

ForkLog 7 09.12.2022

Sam Bankman-Fried backs plan to relaunch FTX’s utility token

Former FTX chief Sam Bankman-Fried backed the proposal by Crypto Banter founder and CNBC Crypto Trader Ren Neuner to restore trust in the platform's utility token going through bankruptcy proceedings of the bitcoin exchange. I continue to think that this would be a productive path for parties to explore! I hope that the teams in place will do so. — SBF

AI translated

ForkLog 21 09.12.2022

Amber Group trims staff and operating costs amid crypto winter

Amber Group terminated sponsorship agreement with Chelsea FC for £20m ($25m) and announced a 40% staff cut.

AI translated

ForkLog 28 06.12.2022

Orthogonal Trading defaults on $36m of Maple Finance loans

Orthogonal Trading has defaulted on eight Maple Finance loans totaling $36 million amid losses tied to the FTX collapse.

AI translated

ForkLog 18 05.12.2022

Bloomberg: LedgerX Put Up for Sale

The LedgerX cryptocurrency derivatives exchange, part of the FTX group, is up for sale, Bloomberg reports.

AI translated

ForkLog 13 05.12.2022

Genesis faces $1.8 billion in creditor claims, reports say

The outstanding debt of Genesis Global Capital has reached $1.8 billion and is likely to continue rising, CoinDesk reports, citing informed sources.

AI translated

ForkLog 11 05.12.2022

Swyftx cuts another 90 jobs

An Australian cryptocurrency exchange Swyftx has announced the layoff of a further 90 staff.

AI translated

ForkLog 14 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 21 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 11 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 24 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 13 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 10 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

#Business