Business | ForkLog

ForkLog 21 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 8 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 8 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 28 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 11 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 10 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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ForkLog 12 16.08.2022

EU to create a single cryptocurrency regulator

EU authorities will create a new regulatory body AMLA, tasked with direct supervision of crypto businesses. This is stated in the EU's sixth directive on anti-money laundering (AMLD6), The Block reports.

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ForkLog 19 16.08.2022

Hodlnaut seeks court protection in Singapore from creditors

The liquidity-strapped crypto-lending platform Hodlnaut has applied to be placed under judicial management in Singapore to stabilise its financial position.

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ForkLog 5 15.08.2022

Zipmex secures three-month extension to creditor protection moratorium

Thailand-based cryptocurrency exchange Zipmex said that a Singapore court granted its request for creditor protection for three months, until 2 December. The Block reports.

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ForkLog 11 15.08.2022

BlueBenx reports $31 million hack and halts withdrawals

The Brazilian cryptocurrency platform BlueBenx blocked customer withdrawals, citing a hack. Portal do Bitcoin reports this.

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