Business | ForkLog

ForkLog 9 21.07.2022

Bloomberg: FTX in talks to raise more funds

The cryptocurrency exchange FTX is expected to be valued at $32 billion following a potential funding round, according to Bloomberg, citing people familiar with the matter.

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ForkLog 29 20.07.2022

Media: Vauld crypto-lending platform owes $402 million to creditors

The outstanding debt of the Vauld crypto-lending platform after operations were halted stood at $402 million. Such estimates are contained in documents for a Singapore court, obtained by The Block.

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ForkLog 11 20.07.2022

Zipmex suspends withdrawals amid ‘circumstances beyond its control’

Thai cryptocurrency exchange Zipmex has suspended withdrawals due to circumstances beyond its control. The restrictions are in place until further notice.

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ForkLog 14 20.07.2022

Mike Novogratz compares industry participants to a ‘bunch of idiots’

Greed, ignorance and reckless risk management led to the fall of the cryptocurrency market, Galaxy Digital chief Mike Novogratz said in a Bloomberg interview.

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ForkLog 13 19.07.2022

Media reports a second wave of layoffs at Gemini

The American Bitcoin exchange Gemini has cut its staff even further after the recent layoff of about 10% of its employees, according to TechCrunch.

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ForkLog 7 15.07.2022

DeFiance Capital Distances Itself from Three Arrows Capital Hedge Fund

The venture firm DeFiance Capital said it was operationally independent from the bankruptcy proceedings of hedge fund Three Arrows Capital (3AC). It had previously been positioned as its 'sub-fund'.

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ForkLog 6 15.07.2022

NFT marketplace OpenSea to lay off 20% of its staff

The largest NFT marketplace OpenSea will cut 20% of its staff, co-founder and CEO Devin Finzer said in a note to the team.

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ForkLog 11 13.07.2022

3AC responds to creditors’ accusations of a lack of dialogue

The founder of Three Arrows Capital (3AC), Su Zhu, described the hedge fund creditors' statements as "bullying" and questioned whether they had fulfilled their obligations during the early stage of the company's liquidation.

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ForkLog 11 08.07.2022

KuCoin’s user base grows to 18 million users

For the first half of 2022, KuCoin's user base grew 219% year-on-year to exceed 18 million users.

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ForkLog 8 06.07.2022

Bullish bitcoin exchange trims 10% of staff

The Bullish cryptocurrency exchange, tied to the EOS project and Block.one, laid off nearly 30 employees, about 10% of its staff. The Block reported this, citing sources familiar with the situation.

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ForkLog 6 06.07.2022

Cumberland flags risk of asset liquidations by troubled firms

Market recovery will determine how quickly the assets of troubled firms are liquidated to the benefit of stronger players in the industry, according to Cumberland, the market-maker.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 05.07.2022

Parity Technologies announces three senior leadership appointments

Parity Technologies, the Polkadot protocol development startup, told ForkLog about new leadership appointments.

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