Core Scientific will shut off thousands of Celsius mining rigs, after the two bankrupt firms finally came to an agreement after months of dispute. One of the world’s biggest Bitcoin miners, Core Scien...
Tag: Shut
Crypto Payments Firm Wyre To Shut Down After Missing Out on $1,500,000,000 Deal: Report
A crypto payments firm is reportedly shutting down after a massive $1.5 billion deal fell through. According to a new report by Axios, crypto payments company Wyre is shutting down after Bolt Financia...
Bitcoin Miner Core Scientific Plans to Shut Down 37,000 Celsius Rigs
Troubled Bitcoin miner Core Scientific will shut down more than 37,000 crypto mining rigs belonging to bankrupt crypto lender Celsius Network as both firms finally reach an agreement in court. Core Sc...
Wyre said to shut down and lay off employees as CEO declares scaling back
Crypto firm Wyre has reportedly informed its employees it is shutting down operations in the first quarter of 2023. Its CEO insists that the company is scaling back. Wyre, a blockchain-based payments ...
SushiSwap to shut Kashi and Miso: Announces new Tokenomics
SushiSwap to shut down Kashi due to design flaws and Miso due to a lack of resources. With a long-term goal to focus on exchange elements. Announces new and revived tokenomics, benefiting both parti...
SushiSwap to Shut Lending Protocol Kashi And Token Launchpad Miso
DeFi protocol SushiSwap has announced it would be shutting down its lending protocol, Kashi, and its token launchpad, Miso. The company stated that it had come to its decision due to a number of reas...
Vader to shut down USDV: Another Algorithmic Stablecoin fails.
USDV is native stablecoin of Vader. When Terra lost its peg, team Vader halted minting to cope. After many attempts to save, the team failed. The horrible year for cryptocurrency is ending; this year...
Vader will shut down stablecoin USDV, cannot find a ‘breakthrough’
The app that produces stablecoin Vader Protocol US Dollar (USDV) will be shut down, according to a Dec. 29 announcement from its developers. We are sunsetting Vader Protocol: https://t.co/C3AKHo9URj E...
FTX and Celsius contagions force Midas Investments shut down
Midas Investments announced the closure of its DeFi solution as the FTX and Celsius contagions and other devastating events so far in 2022 made it impossible to continue normal operations. Midas Inves...
Amid the arctic blast, Texas miners voluntarily shut down or curtail operations
Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or limit production to support the ecosystem in Texas. Texas is facing a hard f...
Terra Classic FUD Continues As Top Developer Shut Downs Validator
Terra Classic developer Vegas on Friday said he is shutting down his validator node “Vegas Validator” and quit working on Terra Classic (LUNC) developments after delivering the Rebel Station wallet. E...
Elon Musk Suggests Twitter Spaces Will Return After Clash With Journalists Led Him To Shut It Down
Topline Twitter owner Elon Musk signaled Friday the platform might soon relaunch the Twitter Spaces audio feature after he abruptly eliminated it in the middle of the night following a clash with jour...
John Paulson Seeks to Shut Down Wife’s Suit Alleging Hidden Billions
(Bloomberg) — John Paulson is seeking to shut down his wife Jenica’s lawsuit accusing him of shielding billions of dollars in assets from their divorce, claiming she’s the one who’s engaged in a...
Kim Kardashian, Floyd Mayweather Legal Case for Shilling EMAX Crypto Shut Down
Yuri Molchan Two celebrities were accused of promoting cryptocurrency to “dupe” potential investors, but now case gets dismissed As reported by Bloomberg, TV celebrity Kim Kardashian and A...
Keystone Pipeline Is Shut Down After Oil Spills Into Creek in Kansas
(Bloomberg) — The shutdown of a key North American pipeline after an oil spill in Kansas roiled the flow of crude supplies across the US at a time when a fragile supply situation has rocked mark...
Michael Saylor Says SEC Should Shut Down XRP, Ethereum, Solana and Other Altcoins for Being Unregistered Securities
Bitcoin (BTC) firebrand Michael Saylor says the U.S. Securities and Exchange Commission (SEC) would be right to shut down essentially all altcoins which he says are being sold as unregistered securiti...
Bernie Madoff’s Lawyer to FTX’s Bankman-Fried: “Shut Up!”
Sam Bankman-Fried wants to pass for a tragic hero. A few days ago, the founder of the bankrupt cryptocurrency exchange FTX launched a media blitzkrieg, meant to give his version that his empire’...
Bernie Madoff’s Lawyer advises FTX’s Bankman-Fried to ‘shut up’
Following the collapse of the FTX crypto exchange, the platform’s founder Sam Bankman-Fried (SBF), has embarked on a media tour attempting to explain what went wrong. However, Bankman-Fried has been w...
Ethereum’s Ropsten testnet to fully shut down this month
The Ropsten network, a clone of the main Ethereum network that’s used for testing and experimental purposes, will shut down by the end of this month. Between Dec. 15 and Dec. 31, node and...
European Commissioner Has Threatened to Shut Down Elon Musk’s Twitter
As regulators crack down on Elon Musk’s efforts to turn the social network into a safe haven of free speech, Musk is facing further criticism from the US and EU over his ownership of Twitter. In a vi...
Bitfront to shut down by March 2023
The bearish market in the crypto industry is taking forever with its stay in the industry. This has forced several exchange platforms to consider an alternative to seamlessly running their operations....
Bitfront To Shut Down As Crypto Winter Shows No Signs Of Thawing
Bitfront – a cryptocurrency exchange platform launched in 2020 by Japanese social media company LINE – will now cease its operation following the announcement that was made on Monday. With the develop...
LINE’s Crypto Exchange Bitfront to Shut Down Amid Bear Market
Bitfront – a cryptocurrency platform operated by internet company LINE Corporation – announced it will cease its services as of March 31, 2023. The entity asserted that its decision is not related to ...
Line-owned crypto exchange Bitfront to shut down by March 2023
Crypto exchange Bitfront will shut down its services in a staggered approach up until the end of March 2023. Bitfront’s shutdown process begins on Nov. 28, with the suspension of new account sig...
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down – Regulation Bitcoin News
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space ...
Appeals Court Appears Likely To Side With DOJ And Shut Down Trump Review
Topline A panel of appeals court judges signaled Tuesday they’re likely to end a special master’s review of documents the Justice Department seized from former President Donald Trump’s Mar-A-Lago esta...
Jump Crypto says no plans to shut down, quashing rumors
Jump Crypto said it’s not shutting down. The trading firm, responding with a tweet to social media speculation of its imminent demise, said it wanted to “debunk a few things” ...
Crypto Hedge Fund Protocol Ventures to Shut Down Amid Market Fraught
Protocol Ventures LP, a major US crypto hedge fund, has announced plans to close down its business and return cash to investors following the plunge in the market for digital assets, according to peop...
UK High Court Orders PGI Global To Shut Down For Defrauding Investors
U.K. High Court has seized a UK-based crypto company for allegedly defrauding investors’ funds of around £612,425 (more than $700,00). The defendant company, PGI Global U.K. Ltd, offered 200% returns ...
Crypto trading ponzi scheme PGI Group shut down in UK
A Ponzi scheme known as Praetorian Group has been shut down in the UK, following an investigation by the US Department of Justice (DoJ) and a 2021 warning by the Securities and Exchange Commission (SE...
NEAR Protocol Announces Shut Down of USN Stablecoin
11 seconds ago | 2 mins read Altcoin News USN had been inadequately collateralized as per the NEAR Foundation. NEAR Protocol’s USN was an algorithmic stablecoin at launch but later switched. After exh...
“Gainful Employment” Could Shut Down Good Programs—Here’s How To Fix It
getty It has become clear that many of the colleges and universities that the federal government funds do not provide their students with a strong enough return on investment to repay their loans. Wit...