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DeFi Protocol Holding 55% of Algorand Value to Shut Down
11.7.2023
Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently
Nightmare 'Giga' Roller Coaster Shut Down After Someone Spots Massive Crack
3.7.2023
Amusement park rides scare the shit out of me. I have a fear of heights, and moving fast, and just about everything associated with roller coasters. But I can usually still persuade myself to get on one every now and then, secure in the knowledge that surely the ride would not be up and running...
Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
28.6.2023
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize...
Players Angry That OG Call of Duty: Warzone Will Shut Down This Fall
22.6.2023
It’s official: Warzone Caldera, formerly known as the original Call of Duty: Warzone, is shutting down later this year so developers can focus on the battle royale’s sequel and players are angry. The announcement came in a Call of Duty blog post titled “An update on Call of Duty: Warzone Caldera”...
Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions
20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.
The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down
19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down
19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...
Ookie DAO is compelled to shut down shutters
14.6.2023
Ookie DAO was compelled to shut down its shutters and withdraw from all internet activity. This was due to the lawsuit that was duly filed against it by the CFTC. As per the allegations of the CFTC, they believe that the DAO was built to transfer the ownership of a non-compliant trading platform...
Ooki DAO to shut down after 'precedent setting' court battle with CFTC
10.6.2023
The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”
Kazakhstan Police Shut Down ‘Fake Crypto Exchange’ and Arrest ‘Mastermind’
2.6.2023
Police in Kazakhstan say they have shut down a suspected fraudulent crypto trading platform, with its alleged mastermind arrested.
Per Nur.KZ, the Ministry of Internal Affairs announced that a “23-year-old man” had been arrested.
The man’s name begins with L and he was born in 1999, the police...
How A Wild Video Game Rumor Races Around The Internet Before Getting Shut Down
30.5.2023
It’s almost summer and gamers are starting to lose it. In the midst of a renewed console race frenzy and video game industry consolidation, fan speculation about future game releases and company deals is at an all time high. It’s an exciting time for new announcements as we head into not-E3...
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
PlayStation Shuts Down Concrete Genie Dev Amidst Continued Pivot To Prestige
5.5.2023
Sony has quietly closed down PixelOpus, one of its first-party PlayStation Studios. Based in San Mateo, California, the studio was responsible for 2014’s Entwined and 2019’s Concrete Genie.Read more
Ukraine, US Shut Down 9 Cryptocurrency Exchanges
4.5.2023
Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust...
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
4.5.2023
The service allows users to borrow up to $1 million with no credit check, provided they post Bitcoin as collateral
Switch Shooter's Shutdown Has Xbox, PS5 Fans Happy They May Face Fewer Kids
11.4.2023
Third-person team-based online free-to-play crossplay shooter Rogue Company is ending support for its Switch version on June 20. Developer Hi-Rez Studios cited “significant technical and process challenges” working on the Switch version in its announcement of the upcoming shutdown. Meanwhile—and...
Crypto Exchange Beaxy Shut Down After SEC Lawsuit
29.3.2023
Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission (SEC) charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said
Surprising Fans, WB's Smash Bros.-Like Shutters Until 2024 With No Refunds
27.3.2023
Today, Warner Bros. Games and Player First announced that the MultiVersus open beta will be shutting down in 90 days. The publisher and devs promise the game will return in “early 2024.” In the meantime, players will be unable to play online, and no new updates will be released. And in bad news...
Venezuela's Anti-Corruption Investigation Rocks Cryptocurrency Industry: Exchanges and Mining Farms Shut Down
27.3.2023
Venezuelan crypto companies - specifically mining farms and exchanges - have reportedly been ordered to shut down over the past few days, following the President's order to restructure the country’s crypto regulatory agency. They seem to have been a casualty of an investigation that resulted in...
Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say
24.3.2023
Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons