Circle Nixes SPAC Deal With Concord, Still Nurses Public Listing Ambition

Fintech company and USDC issuer Circle has terminated a business combination deal with special purpose acquisition company (SPAC) Concord Acquisition Corp., but it has not scrapped its plan to go publ...

NEAR Nixes Algorithmic Stablecoin USN

USN became “susceptible to undercollateralization during extreme market conditions,” NEAR said The situation will make it hard for projects to maintain long-term interest in their algorithmic stableco...

California Gov. Newsom nixes crypto license bill

California Governor Gavin Newsom vetoed a bill that would have created a BitLicense-like framework for The Golden State. Sponsored by Democrat Assemblyman Tim Grayson, Assembly Bill 2269 passed in the...

Solar Stocks: These Companies Plummet After Manchin Nixes Climate Spending

Solar stocks booked heavy losses Friday morning after Sen. Joe Manchin told Senate leadership that he would not support an economic package that included new federal spending on clean energy. X Lawmak...

After Bitcoin Wash Trading Surges on Binance, CEO Nixes Incentives

Binance CEO Changpeng Zhao is cracking down on wash trading occurring on its crypto exchange following the firm’s decision to remove fees for Bitcoin spot trades.  Wash trading is when when traders se...

Supreme Court Limits EPA, Nikola Founder Nixes Share Increases And How Climate Change Hurts Harvests

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Supreme Cou...

Zcash Nixes Trusted Setup, Enters New Era With Major Network Update

In brief Zcash is shifting to the Halo proving system, facilitating trustless digital cash payments on mobile phones. Famed whistleblower Edward Snowden participated in the Zcash launch in October 201...

California Nixes Bill To Require Covid Vaccines In Schools

Topline A California lawmaker on Thursday withdrew from consideration a bill that would’ve required children in grades K-12 to be vaccinated against Covid-19 in order to attend California schools—the ...

Ubisoft Nixes NFT Content and Support for Ghost Recon Breakpoint

Ubisoft has ended development support for its game Ghost Recon Breakpoint and will no longer provide new content or NFT releases. The company congratulated holders of NFTs that had been released, sayi...