Search
Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira
30.9.2021
Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s...
Last-gasp Negotiations Fail as All But 4 S Korean Crypto Exchanges Frozen out of Fiat Markets
24.9.2021
offering crypto-to-crypto-only services.This means that only the “big four” exchanges – Upbit, Korbit, Coinone, and Bithumb – who have already
DCG-backed Korean exchange faces closure if it can’t find banking partner
17.9.2021
South Korean crypto exchange Gopax has told users if it can’t resolve its banking difficulties before a looming regulatory deadline, it will need to shut down
FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
14.9.2021
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect holders of locally used “kimchi”...
South Korea: Four Exchanges Safe but USD 2.6B Closure Storm Brewing
10.9.2021
To do so, they need to fulfill a number of criteria, including securing information security management system (ISMS) certification and real-name authenticated banking contracts for their customers. The latter has proved extremely problematic for most exchanges.The market leader Upbit last
Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm
29.7.2021
Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is investing profits into a renewable energy investment program. The company...
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
14.7.2021
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice...
South Korean Crypto Exchanges Ready for Legal Fight Amid Closure Threats
28.6.2021
Source: Adobe/david_franklin
South Korean crypto exchanges are preparing lawsuits to sue the government or challenge it in the constitutional court if they fail to meet a September regulatory deadline and are obliged to close.
New regulations for crypto exchanges, which have already passed into...
Chapter 9: Community
24.6.2021
In April of 2009, Yahoo! shut down GeoCities. Practically overnight, the once beloved service had its signup page replaced with a vague message announcing its closure.
We have decided to discontinue the process of allowing new customers to sign up
…
The post Chapter 9: Community appeared...
Sony Reverses Course On PS3 And Vita Store Closure
19.4.2021
Today, Sony announced they will no longer shut down the PlayStation Store for PS3 and PS Vita users.Read more
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
2.3.2021
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop...
DeFi Money Market closure after SEC probe could set rocky precedent
19.2.2021
What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say critics
Livecoin Exchange Announces Closure After December Hack
18.1.2021
Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
European eToro Traders Call Foul Over Closure of Leveraged Crypto Contracts
10.1.2021
Traders in Europe are threatening legal action against eToro for allegedly closing their leveraged crypto positions without enough notice
Following Binance Uganda closure, Binance P2P makes strong inroads in Africa
29.11.2020
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
Oops. Roger Ver Says Bitcoin.com’s Forum Closure Post Was Premature
25.6.2020
Roger Ver says that Bitcoin.com’s forum closure announcement was premature, but the closure alert is still on the website
Blockchain Bites: Avanti’s Angel Round, Civil’s Closure and a Data Breach
3.6.2020
Ethereum Classic hardforked to become more compatible with Ethereum while a French energy firm is cleared to issue a new ICO
Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’
27.4.2020
On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week...
Bitcoin Payments Gateway Purse is Reconsidering Closure, Cites Community Support
24.4.2020
Purse.io is reconsidering its decision to close down and is now vetting new ownership for the platform