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Hacked Italian Exchange Altsbit to Shut Down in May 2020
10.2.2020
Italian crypto exchange Altsbit will terminate its services in May 2020
Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests
5.2.2020
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong...
Bitspark to Shut Down Due to Internal Issues, Despite Positive Results
4.2.2020
Maxine Ryan. Source: a video screenshot, Youtube, Real Vision Finance
Bitspark, a bankless money transfer solution utilizing blockchain technology, will be shutting down in a month, despite reporting positive results.
Hong Kong-based company will be closing its doors on March 4, 2020, announced...
Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
16.1.2020
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking...
Ex-CEO of Mt. Gox, Mark Karpeles, Moves to Shut Down the Lawsuit
9.1.2020
Mark Karpeles. Source: a video screenshot, Youtube, CANAL+
The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene.
Greene filed the original complaint against...
Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations
17.12.2019
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We...
After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules
16.12.2019
Two EU-based crypto firms are shutting down because of the upcoming EU Anti-Money Laundering rules
European AML Directive Pushes Crypto Startup Bottle Pay Out of Business
15.12.2019
Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...
Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down
14.12.2019
Bottle Pay to close social media Bitcoin transfer service citing AML restrictions that will hamper user experience
This Token Project Offered to Shut Down. Its Market Cap Shot Up $10M
13.12.2019
Should DigixDAO completely dissolve its treasury or keep making grants to enhance the ecosystem? That's the question for token holders to decide
Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report
26.11.2019
Ripple-backed Omni Rentals will reportedly shut down its services and send 10 of its engineers to Coinbase
Canadian Regulator Seizes Troubled Crypto Exchange
6.11.2019
The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...
US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring
16.10.2019
U.S. law enforcement agencies mapped out the server of the largest child porn site by tracing Bitcoin transactions
Kin Price Nosedives After Operator Announced the Shut Down of Kik App
24.9.2019
Kin prices have been sent tumbling after the coin's operator announced it will shut down its Kik messaging app.
In a blog post, Kik Interactive's CEO Ted Livingston stated that regulatory pressure from the American Securities and Exchange Commission (SEC) had sparked the decision.
However, the...
Kik Messaging App to Shut Down Following SEC Lawsuit Against ICO
24.9.2019
"This is a direct impact from the SEC legal action," CEO Ted Livingstone told CoinDesk
French Police Shut Down 850,000 Computer Botnet Used for Cryptojacking
28.8.2019
French police have neutralized a botnet, which was used in part for illicit XRM mining
Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months
10.7.2019
Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
Indian Banking Restriction And Regulatory Issues Crush Koinex Exchange To Shut Down
28.6.2019
As per the official website of Koinex, there are more than 1 million registered users of the exchange. The platform, by far, has executed 20,000 orders which are worth more than 3 Billion U.S. Dollars. Then what caused it to shut down amidst all the great success? The journey of Koinex crypto...
Koinex Exchange Shuts Down Ahead of Crypto Regulation
28.6.2019
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...