According to an official announcement, Crypto lending firm Genesis is halting new withdrawal requests from its customers. The firm is a victim of the collapse of the crypto exchange FTX and is one of ...
Tag: operations
Cathedra Bitcoin Provides Operations Update
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 763,073) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-cla...
Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese cryptocurrency mining firm Canaan will continue to expand operations despite the ongoing bear market and an associated drop in earnings, according to the company’s CEO. Canaan posted a 90% ove...
CySEC requested FTX’s European arm suspend operations prior to bankruptcy: Report
The Securities and Exchange Commission of Cyprus, or CySEC, reportedly issued a statement amid FTX filing for Chapter 11 bankruptcy in the United States requesting the exchange halt operations for its...
Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout – Bitcoin News
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of e...
Japan’s financial regulator requests FTX Japan halt operations
The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the policies of FTX Trading Limited. In a Nov. 10 announcement, the FSA said it had taken admini...
FTX Japan Ordered by Regulator to Suspend Operations
According to a formal statement released on Thursday, the local branch of FTX has been instructed to cease operations by Japan’s Financial Services Agency. The order stated that the regulator wants FT...
Japanese Regulator Orders FTX Japan To Cease Operations
58 seconds ago | 2 mins read Exchange News As per the order, FTX Japan will not resume operations until December 9, 2022. The authority has expressed uncertainty over FTX Japan’s well-being. Japan’s F...
FTX Japan ordered by country’s financial regulator to suspend operations
Japan’s financial regulators have ordered FTX’s Japan arm to suspend operations in the country. Citing FTX Japan’s suspension of crypto withdrawals, the Financial Services Age...
Chia Network Establishes Official Singapore Entity and Begins Operations
SINGAPORE & SOUTH SAN FRANCISCO–(BUSINESS WIRE)–Chia Network, Inc. (“Chia”) founded by Bram Cohen to provide an open-source, public blockchain optimized for real-world adoption, today announced th...
Binance to buy non-US operations of FTX
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Bin...
Sepana Raises $10M in Funding Round, Seeks to Enhance Operations in Web3 Search & Indexing Tool Space
Although Sepana did not disclose its valuation after the funding round, it plans to hire more talent and launch a new and improved product. Decentralized search startup Sepana has raised $10 million i...
Blockchain Technology in Business Operations
The world has seen a multitude of changes when it comes to business. Different business processes with other uses have swept the stage and have given birth to digitalization. Digitalization has come f...
BitBoy to Back XRP Army as Director of Strategy and Operations?
Ben Armstrong, aka BitBoy Crypto, applied for the Director of Strategy and Operations position at Ripple Labs. Is he the supreme leader of the XRP Army? BitBoy Crypto, one of the most well-known crypt...
A Cook Shortage Threatens To Sink U.S. Coast Guard Operations
This Cutter spent 43 days at sea, supported by a single cook, carrying extra food in an external … [+] freezer. U.S. Coast Guard In a reminder that high-tech militaries are only as strong as the...
Argo Blockchain PLC Release Update on Strategy, Business, and Operations – crypto.news
In a strategy update released this morning, Argo Blockchain [LON: ARB] has informed the market that the previously disclosed parameters of a non-binding agreement to fund £24 million will not be actua...
Paraguay Warns About Growth of Illegal Bitcoin Mining Operations and Effect on Power Stability of the Country – Mining Bitcoin News
The growth of illegal bitcoin mining operations could affect the stability of the power system in Paraguay, according to statements from the National Power Administration. The boom the country is expe...
David Stearns Steps Down As Milwaukee Brewers’ President Of Baseball Operations; Matt Arnold Takes Over
David Stearns, right, shakes hands with his replacement Matt Arnold after stepping down as the … [+] Milwaukee Brewers’ president of baseball operations, at a news conference Thursday, Oct. 27, ...
ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations – Economics Bitcoin News
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate h...
Crypto exchange LocalCryptos shuts down operations as bear market prevails
Peer-to-peer (P2P) crypto exchange LocalCryptos has announced plans to exit the market after five years of operation, with the platform emerging as the latest casualty of the extended bear market. Ac...
U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker
BEIJING–U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grap...
City of Niagara Falls Forces Blockfusion Bitcoin Miner to Shut Down Operations
Bitcoin miner Blockfusion has been ordered to shut down its operations due to violations of the local area’s zoning code. Crypto mining firm Bit Digital hosts 17% of its machines at Blockfusion mining...
Bitfarms Celebrates Five-Year Anniversary and Operations in Four Countries
● Operations and production capacity expanded to ten locations distributed across the Western Hemisphere ● Hashrate climbed to a Company high 4.2 EH/s online in September 2022 ● BTC production powered...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Coinotizia
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provis...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Bitcoin News
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provis...
Multi Million Exposure Might Affect Marathon Digital Operations
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
BNB Chain Resumes Operations After $100M Cross-Chain Bridge Exploit
BNB Chain, the network which powers BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), has resumed operations following an attack on its cross-chain bridge, BSC Token Hub, draining around $10...
BNB Chain Halts Operations Following Massive Exploit
Binance’s signature Binance Smart Chain is the latest to suffer from an exploit, and the chain is “temporarily paused,” according to the official BNB Chain Twitter account and Binance’s CZ. Early hour...