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Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
14.3.2023
The New York Department of Financial Services denied that Signature Bank was shut down for crypto-related reasons, instead saying the bank's leadership did not provide reliable information about its operations over the past weekend
We're Losing More Than We Realize When These Classic Pokémon Games Get Pulled
13.3.2023
Welcome to Exp. Share, Kotaku’s Pokémon column in which we dive deep to explore notable characters, urban legends, communities, and just plain weird quirks from throughout the Pokémon franchise. This week, we’re taking a look at the upcoming 3DS and Wii U eShop shutdowns and the effect they will...
Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown
11.3.2023
Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at failed Silicon Valley Bank
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 Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors
9.3.2023
Bitcoin, ether and other major cryptocurrencies turned red as the crypto-focused lender’s crisis continued to unfold
Silvergate reportedly talks with FDIC on ways to avoid shutdown
8.3.2023
Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank
Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism
22.2.2023
Solana Spaces will close its New York City and Miami locations by the end of February
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...
Darknet Revenues Fell After Hydra’s Shutdown: Chainalysis
9.2.2023
As More Games Disappear Forever, John Carmack Has Some Great Advice About Preservation
6.2.2023
Doom co-creator John Carmack, legendary game designer, rocket guy and VR enthusiast, left Meta/Facebook late last year after a decade working on the company’s virtual reality efforts. Just because he’s gone, though, doesn’t mean the company’s decisions are out of his thoughts.Read more
Epic Kills Battle Royale Game Less Than Six Months After Release
1.2.2023
In August 2022, Epic Games—developers of Fortnite, custodians of the Epic Games Store, creators of the Unreal Engine, rich as God—published a melee-based battle royale game called Rumbleverse. It is now January 2023 (February already for me here in Australia), and the game is already being killed...
Apex Legends Mobile Shutting Down After Only 8 Months, Battlefield Mobile Canceled
31.1.2023
Apex Legends Mobile, the mobile port of EA and Respawn’s popular battle royale shooter, is not long for this world. EA confirmed today, just eight months after the game’s launch, that the free-to-play offshoot will be shutting down on May 1, 2023. What’s more, EA plans to sunset Battlefield Mobile...
Social token platform Rally announces shutdown of sidechain
31.1.2023
Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after Jan. 31
DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement
30.1.2023
The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project
MetaMask removes Wyre from aggregators amid shutdown reports
6.1.2023
Wyre was set to be acquired for $1.5 billion by San Francisco e-commerce startup Bolt last year, but the deal was eventually scrapped
The Ethereum Foundation Commences Shutdown of Ropsten Testnet
30.11.2022
Developers should move their applications over to either the Goerli or Sepolia testnets
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges
29.11.2022
Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital...
CEO ‘Extremely Sorry’ About Shutting Down PS5’s Worst Game
6.10.2022
Babylon’s Fall is one of the worst games of the year and a massive warning to anyone preparing to make or buy an always-online live service game. Despite bold plans for season content and continued updates, publisher Square Enix announced last month the action-RPG would be removed from store...
Game Devs And Stadia Employees Alike Were Blindsided By The Sudden Shutdown
30.9.2022
Few thought Google’s troubled streaming service, Stadia, might ever become a dominant player in the gaming industry, but almost no one expected it to shut down so abruptly, including the company’s own employees. Stadia VP Phil Harrison, fast becoming the grim reaper of new gaming initiatives...
Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown
15.9.2022
The CFTC’s August action calls for the site to be closed for U.S. users by February 15