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Tencent shuts down NFT platform as gov policy makes it impossible to thrive
14.7.2022
While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
6.7.2022
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform
Real Life ‘Witcher School’ Shuts Down Over Organizer’s Ultra-Conservative Political Ties
25.5.2022
Until recently, a “Witcher School” in Poland ran live-action role-playing (LARP) events for fans of the wildly popular fantasy series with the official blessing of Witcher-series game publisher CD Projekt Red. But last Friday, its organizers, a company called 5 Żywiołów, announced that the “school”...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
19.5.2022
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto...
Nepal Shuts Down Crypto Websites, Apps — Warns About Engaging in Crypto Activities
28.4.2022
The Nepal Telecommunications Authority has issued a warning that crypto activities are illegal. The regulator emphasized that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. Nepalese Regulator’s Crypto...
Kraken shuts down global headquarters as 'San Francisco is not safe'
8.4.2022
In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin
5.4.2022
Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators...
Official Formula 1 'Ethereum NFT Game' Shuts Down
5.4.2022
F1 Delta Time, an official NFT and crypto-powered racing game that launched back in 2019, closed its doors last month, leaving everyone who had spent money and invested in the project probably wishing they had done something else with their time.Read more
New York Times Shuts Down Wordle Archive, Bumming Everyone Out
16.3.2022
In a move that’s as unsurprising as it is disappointing, The New York Times is beginning to throw its weight around when it comes to Wordle’s former freedom. The first big sign of this, as spotted by Ars Technica, is their forcing a Wordle Archive to shut down.Read more
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
23.2.2022
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...
Metaverse tokens surge after Meta tanks, Dorsey roasts Diem after it shuts down, a new malware can target 40 browser wallets: Hodler’s Digest, Jan. 28-Feb.5
5.2.2022
Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding
5.2.2022
This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding...
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
2.2.2022
"We are taking proactive measures to shut down operations, shed load, and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms
Mark Zuckerberg’s stablecoin project Diem officially shuts down
1.2.2022
Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency
Kazakhstan Shuts Down Crypto Mining Farms Till February
26.1.2022
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
6.1.2022
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed...
Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
5.1.2022
No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world
CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets
4.1.2022
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based...
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
16.12.2021
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests....