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ForkLog 9 10.10.2022

Blockwater Technologies defaults on $2.97 million DeFi loan

Blockwater Technologies, a South Korea-based cryptocurrency-focused investment firm, defaulted on a $2.97 million loan obtained via the TrueFi DeFi protocol in BUSD.

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ForkLog 16 05.10.2022

Nexo denies reports of potential bankruptcy

Bankruptcy or insolvency does not threaten Nexo's crypto-lending platform, according to managing partner Kalin Metodiev.

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ForkLog 24 23.09.2022

Compute North files for bankruptcy

The mining company and provider of infrastructure solutions for cloud mining Compute North filed for bankruptcy. Its liabilities to 200 counterparties are estimated at $500 million, and assets range from $100 million to $500 million.

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ForkLog 8 22.09.2022

Celsius weighs wrapped-token issuance to repay debt

The restructuring plan for the Celsius Network crypto-lending platform includes the issuance of wrapped tokens. This was allegedly stated by the co-founder and CTO of the firm Nyuk Goldstein.

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ForkLog 16 19.09.2022

FTX chief signals another $1 billion for crypto acquisitions.

FTX chief Sam Bankman-Fried, in an interview with CNBC, hinted at a willingness to spend "approximately one billion dollars" on crypto companies and projects.

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ForkLog 14 16.09.2022

TrueLayer to cut headcount by 10%

The open-banking startup TrueLayer will cut staff by 10%, according to a blog post.

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ForkLog 9 16.09.2022

Celsius Network files motion to liquidate stablecoins

The crypto-lending platform Celsius Network, undergoing restructuring, filed a court request to liquidate stablecoins worth about $23 million.

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ForkLog 7 14.09.2022

Fintech startup Checkout.com to cut 5% of staff

The Checkout.com payments platform team will lay off about 100 employees to sharpen focus on 'strategic priorities'. Bloomberg reports.

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ForkLog 10 13.09.2022

RRMine to relocate Filecoin operations from China to Singapore

RRMine Global, the largest Chinese Filecoin services provider, announced it would relocate its business to Singapore.

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ForkLog 12 12.09.2022

Fireblocks hits $100 million in annual revenue

The leading crypto company Fireblocks announced that it has reached $100 million in annual revenue. This corresponds to the 'centaur' status.

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ForkLog 9 09.09.2022

Nexo outlines timeline for Vauld acquisition decision

The cryptocurrency-lending platform Nexo will require another 30 days to decide on acquiring its competitor Vauld. The Block reports, citing the company's letter.

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ForkLog 15 07.09.2022

Voyager Digital to hold asset auction

On September 13 at 17:00 (Moscow/Kyiv), the crypto broker Voyager Digital will begin an asset auction among a qualified group of participants as part of the restructuring process. The auction will conclude on September 20.

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