Business | ForkLog

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 13 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 14 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 16 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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ForkLog 23 05.09.2022

STEPN to relocate headquarters to Cyberport, Hong Kong

The STEPN project's headquarters will be moved to the Cyberport business park in the Southern District of Hong Kong. This information was confirmed in an interview with SCMP by Jerry Huang, co-founder of the fitness-app developer.

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ForkLog 12 01.09.2022

Babylon Finance protocol to shut down after Rari Capital hack

The Babylon Finance protocol will wind down its operations due to an attack on the DeFi project Rari Capital, in which several liquidity pools involving the BABL token were affected.

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ForkLog 11 26.08.2022

Zipmex asks Thai regulators to discuss its restructuring

Thai cryptocurrency exchange Zipmex has sent a request to the SEC and other regulators in the country to discuss a 'recovery plan'. Potential investors will also participate in the meeting on September 15, Bloomberg reports.

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ForkLog 7 24.08.2022

Brian Armstrong outlines Coinbase’s pivot toward subscriptions

The cryptocurrency exchange Coinbase is cutting costs and shifting its focus toward subscriptions and services in a crypto-winter environment, CEO Brian Armstrong said in an interview with CNBC.

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ForkLog 13 23.08.2022

Citi forex chief to leave bank for digital assets role

The head of Citi's forex department, Itay Takman, after 20 years with the bank, will pursue a career in the digital assets industry. The Block reported.

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ForkLog 35 22.08.2022

Hodlnaut reports a $193 million hole in its balance sheet

The capital shortfall of the Hodlnaut crypto-lending platform as of August 8, 2022 stood at $193 million. This follows from bankruptcy court documents in Singapore, The Block reports.

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ForkLog 16 19.08.2022

Hodlnaut lays off 80% of staff to trim costs

Facing a liquidity crisis, the crypto-lending platform Hodlnaut carried out mass layoffs to trim costs, according to the blog.

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ForkLog 19 17.08.2022

Media: Celsius Lost ‘Millions of Dollars’ Due to CEO Interference in Trading

Early this year, Celsius Network CEO Alex Mashinsky “took control of” the trading strategy of the crypto-lending platform and faced frictions within the team. This, according to sources familiar with the matter, is reported by the Financial Times.

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