Business | ForkLog

ForkLog 41 08.05.2025

Revolut Introduces Bitcoin Payments via Lightning Network

Customers of the fintech company Revolut in the UK and certain countries within the EEA can now make fast and inexpensive bitcoin transactions through the Lightning Network (LN) micropayment system. The partnership was established with David Marcus’s Lightspark. Users also have access to MoneyGrid, a payment routing service based on LN. It simplifies cross-border fund […]

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ForkLog 12 08.05.2025

Coinbase Strikes $2.9 Billion Deal to Acquire Deribit

Cryptocurrency exchange Coinbase has agreed to acquire Deribit, the largest platform for trading Bitcoin options. The deal is valued at $2.9 billion, sources confirmed to WSJ. This acquisition will strengthen the position of the largest American crypto company in the derivatives market, where it has so far lagged behind Binance and OKX. Deribit accounts for […]

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ForkLog 72 30.04.2025

Where to get a crypto licence in 2025: a survey of jurisdictions

Amid tighter regulation and governments’ growing interest in building bitcoin reserves, more firms are hunting for jurisdictions with a tolerant approach to digital assets—minimal red tape and clear rules. In this article, together with Yulia Barabash, managing partner at the law firm SBSB Fintech Lawyers, we examine the key questions around crypto-business licensing in 2025. […]

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ForkLog 8 25.04.2025

Industry Participants Share Expectations for New SEC Chair

The cryptocurrency industry braces for significant regulatory transformation following the appointment of Paul Atkins as the head of the SEC. Cointelegraph has compiled opinions from several industry leaders. During his confirmation hearings, Atkins identified the establishment of a clear and understandable regulatory framework for digital assets as his priority. He emphasized his intention to focus […]

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ForkLog 23 25.04.2025

TON Foundation Appoints MoonPay Co-founder as New CEO

The TON Foundation, the organization behind the development of The Open Network (TON), has appointed MoonPay co-founder Maximilian Crown as its new CEO. The entrepreneur played a significant role in advancing finance and operations, according to the non-profit organization. His expertise is expected to help TON Foundation expand its market influence. The leadership changes come […]

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ForkLog 22 24.04.2025

Revolut Achieves Record $1.4 Billion Profit Driven by Cryptocurrency

In 2024, fintech company Revolut reported a record pre-tax profit of £1.09 billion ($1.4 billion), marking a 149% increase. A key driver was the growth in its wealth management division, which surged by 298% to reach $647 million. This figure includes revenues from digital asset operations, commodities, as well as trading and savings products. This […]

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ForkLog 9 23.04.2025

Coinbase to Establish Office in North Carolina, Hiring Over 130 Staff

Coinbase plans to hire more than 130 specialists for a new office in Charlotte, North Carolina. A representative of the cryptocurrency exchange confirmed the plans in a comment to Cointelegraph. The company aims to recruit locals for roles in regulatory compliance and customer support, with the hiring process to be completed within six months. A […]

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ForkLog 11 23.04.2025

Cantor Fitzgerald Plans $3 Billion Bitcoin Fund Launch

Financial firm Cantor Fitzgerald intends to establish a $3 billion investment fund for bitcoin ventures. The project involves SoftBank, Tether, and Bitfinex, as reported by the Financial Times (FT), citing its own sources. To implement this initiative, the partners will launch a company named 21 Capital. The project’s aim is to create a “public alternative” […]

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ForkLog 25 21.04.2025

Circle to Challenge Visa and Mastercard with New Payment Product

On April 22, Circle, the issuer of USDC, will launch a new product for payments and cross-border transfers as an alternative to Visa and Mastercard. This is reported by CoinDesk, citing the company’s presentation. The solution is intended for banks, fintech firms, payment service providers, money transfer providers, and strategic partners of the stablecoin issuer. […]

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ForkLog 12 18.04.2025

Kraken Undergoes Significant Job Cuts Ahead of IPO

In recent months, cryptocurrency exchange Kraken has laid off “hundreds of employees.” The business optimization, amid a potential listing in the US, affected all company divisions, reports CoinDesk. In late October 2024, Kraken reduced its workforce by 400 people, or about 15% of its staff. This followed the appointment of venture investor Arjun Sethi as […]

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ForkLog 24 17.04.2025

Bybit to Cease Most Web3 Services

Exchange Bybit announced the closure of most of its Web3 services. The company plans to halt activities in several areas by the end of May. According to the statement, from May 31, Cloud Wallet and Keyless Wallet, the multichain platform DEX Pro, and the cross-chain swap widget Swap & Bridge will become unavailable. On April […]

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ForkLog 20 16.04.2025

OKX Cryptocurrency Exchange Enters the US Market

The cryptocurrency exchange OKX has officially launched its centralized crypto exchange and Web3 wallet in the United States. 🇺🇸 Bringing a New Alternative to America 🇺🇸 We’re officially launching in the US with our centralized exchange & powerful multi-chain Web3 Wallet. Roshan Robert will lead our expansion as US CEO, and our headquarters will be […]

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