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Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
23.8.2024
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
You Should Give The Order: 1886 Another Chance
8.8.2024
On August 7, it was announced that Ready at Dawn, the studio behind Facebook’s Oculus VR series Lone Echo, was shut down. It was a tragic, senseless end to a studio with an over 20-year history. Before it was bought by Facebook in 2020, Ready at Dawn primarily worked with PlayStation. It started...
70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says
8.6.2024
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. “And even if they...
SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm
5.6.2024
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regional offices from 11 to 10. The jurisdiction for Utah, previously held by SLRO...
SEC to close regional office after judge dismisses DEBT box case
4.6.2024
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets
What’s Even The Point Of Xbox Game Pass Now?
8.5.2024
On May 7, Microsoft closed down four first-party development studios it had acquired from Zenimax Media in 2021 including Tango Gameworks, developer of The Evil Within series and 2023’s surprise hit Hi-Fi Rush. It’s the latest round of layoffs and closures that the gaming industry, and Xbox...
Dishonored Developer Shares The Personal Pain Of Microsoft's Studio Closures
8.5.2024
Harvey Smith, the now-former studio director at Arkane Austin, has taken to X/Twitter to express his feelings about Microsoft’s sudden and shocking closure of the beloved developer, alongside three other Bethesda-adjacent studios, Tango Gameworks, Alpha Dog Games, and Roundhouse Games. The team...
P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of Operation
8.5.2024
In a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven years. The decision, influenced by a mix of internal and external factors, initiates a six-month winding-down process starting from May 7, 2024....
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
6.5.2024
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents
Nigerian fintechs crack down on crypto, users face account blocks
3.5.2024
The CBN's attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening
Crypto Exchange Patricia’s CEO Denies Closure Rumors – Here’s The Latest
2.5.2024
Nigeria's first crypto exchange, Patricia Exchange CEO Fejiro Hanu, has refuted rumors of the exchange's closure, dismissing them as media sensationalism aimed at generating clicks.
The post Crypto Exchange Patricia’s CEO Denies Closure Rumors – Here’s The Latest appeared first on Cryptonews
Nigeria’s Patricia Exchange CEO debunks closure rumors
2.5.2024
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved
Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings
3.4.2024
Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US ETFs that hold the cryptocurrency.
The post Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings appeared first on Cryptonews
Solareum to Close Shop Following $500,000 Exploit
2.4.2024
Following the discovery of a vulnerability that led to the loss of more than 2,000 Solana (SOL) tokens from users' wallets, Solareum, a Telegram trading bot for Solana-based currencies, announced its closure on March 31.
The post Solareum to Close Shop Following $500,000 Exploit appeared first...
Solana Telegram trading bot closure follows $523K losses for users
2.4.2024
The developers of Solareum, a platform for trading Solana-based currencies on Telegram that was tied to a glitch that led user wallets to lose about $523,000 in SOL last week, announced that the service would be discontinued. Over 300 Solana users are thought to have been impacted by...
Closure of Solana Foundation’s Tour de Sun 22 program
20.3.2024
Tour de Sun 22, an initiative organized by the Solana Foundation, has been slated to conclude on March 31, 2024. In its place, a testnet incentive program with a more restricted scope will be implemented. The Solana Foundation will continue to contribute to its evolution and security with...
Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms
10.3.2024
This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the significant banking collapses in March 2023. Some argue that the banking turmoil is far from over, suggesting it has merely...
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
The post Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs appeared first...
Cryptocurrency Market Correction Triggers $1 Billion Closure of Leveraged Futures Bets
6.3.2024
Bitcoin's recent price correction, following its surge to a new all-time high above $69,000, has resulted in the closure of leveraged perpetual futures bets worth $1 billion across digital asset markets.
The post Cryptocurrency Market Correction Triggers $1 Billion Closure of Leveraged Futures...