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Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty
2.4.2023
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without...
SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives
31.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated...
Venezuela shuts down crypto mining facilities, exchanges amid corruption probe
25.3.2023
According to Venezuela's attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
11.3.2023
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch...
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
11.3.2023
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions...
Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds
24.2.2023
BlueWallet seeks to promote self-custody solutions and greater levels of decentralization with its decision to sever the connection to lndhub.io
$200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
21.2.2023
Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets.
The hedge fund confirmed the news in a Twitter thread on Monday where it said “it is true that our flagship fund is shutting down.”...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’
21.2.2023
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told...
Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT
20.2.2023
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
9.2.2023
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin...
Payments Company Affirm Is Shutting Down Its Crypto Business
8.2.2023
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto
Kraken shuts down Abu Dhabi office: Report
2.2.2023
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition
Solana DeFi protocol Everlend shuts down over liquidity issues
2.2.2023
With FTX's ripple effect on market liquidity, Everlend is closing its doors and urging clients to withdraw funds
Secret Network validator shuts down nodes after leadership turmoil
30.1.2023
An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel
Solana DeFi project Friktion shuts down its user platform
27.1.2023
Friktion is urging its customers to withdraw assets from the protocol as the front-end shuts down
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
4.1.2023
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700
Capcom Shuts Down Fan Remakes Of Original Resident Evil And Code: Veronica
27.12.2022
The developers behind fan remakes of Resident Evil and Resident Evil Code: Veronica have announced that development on both projects has ceased after Capcom allegedly contacted them and asked the developers to cancel the project. Read more
Bitcoin hashrate recovers after big freeze shuts down miners
26.12.2022
The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s
Ripple CTO shuts down XRP conspiracy theory from ChatGPT
6.12.2022
An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO