Tencent will shut down its NFT trading after China regulations

Recently, the leading technology company, Tencent, offered its customers the opportunity to sell their NFTs within Huanhe. This comes after the Chinese company suspended its operations due to regulati...

Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong

In light of the recent ban on crypto mixing tool Tornado Cash and the subsequent arrest of the Tornado Cash developer, there has been a growing debate over whether crypto services providers would choo...

We Could Shut Down ETH Staking Under Regulatory Threat

Brian Armstrong, CEO of the American crypto exchange Coinbase, responded on Thursday to a hypothesis raised on Twitter, where he said his company would shut down its Ethereum validator node if regulat...

Coinbase will shut down staking service if regulators mandate censoring transactions

Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator. It’s a hypothetical we hopefully ...

Chinese Social Media Giant Tencent Forced To Shut Down NFT Marketplace

Chinese regulatory scrutiny of cryptocurrencies has since made its way into the NFT space, as expected. However, what started out as just a regular deterrent to citizens from investing in NFTs has spr...

Skynet Labs to shut down after failing to raise funds 

Skynet Labs, a Boston-based blockchain company formerly known as Nebulous, said it is shutting down because it cannot raise more funds.  The company, which had raised $9.6 million in seven funding rou...

Skynet Labs fails to receive new funding – announces shut down plans

Skynet Labs has become the latest company to shut its doors amid the ongoing crypto winter. Skynet is the blockchain company that created Siacoin, and the reason for shutting it down is that it has fa...

Famous Georgetown Cupcake Temporarily Shut By D.C. Health Department

Topline The wildly popular Washington, D.C., bakery Georgetown Cupcake closed Thursday for posing an “imminent health hazard to the public,” according to a notice from the city’s health department, th...

Binance CEO To Shut Down WazirX? Here’s What You Should Know

Binance’s CEO Changpeng Zhao has boldly said that he could shut down WazirX after a recent raid by ED on the WazirX director. However, WazirX’s co-founder Nischal Shetty had a different take on this a...

Will Binance CEO Shut Down WazirX? Should Users Panic

Changpeng Zhao, CEO of Binance came out to clear the company’s stand after Enforcement Directorate raided and froze some assets of WazirX. However, he stressed that they could shut down the troubled c...

Portuguese banks shut accounts of crypto exchanges

Banks in Portugal are closing the accounts of crypto exchanges in what seems to be a u-turn in the country’s pro-crypto policies, Bloomberg News reported on August 3. One of the biggest exchanges in t...

Portugal`s crypto environment sours as banks shut exchange accounts

The crypto economy in Portugal has hit a new low. Some of Portugal’s major banks have shut the bank accounts of digital-currency exchanges. One of Europe’s most crypto-friendly locations may be dealt ...

Bill Ackman says Visa ‘tomorrow could shut down MindGeek,’ Pornhub’s parent company that’s facing a lawsuit for profiting off child pornography

Billionaire hedge fund manager Bill Ackman claimed Tuesday that Visa continues to process payments for Pornhub’s parent company, despite reportedly knowing it’s “littered” with child pornography...

Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions – Bitcoin News

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban...

Crypto Miners In Texas To Shut Down Amid Heatwave Concerns

Crypto excavators in Texas shut down their tasks in front of a heat wave  Experts believe it will test the constraints of the state’s power framework The solicitation to close down came from the not-f...

Crypto Lobby Group in India Abruptly Shut Down, Member Confirms – crypto.news

The Blockchain and Crypto Assets Council (BACC), India’s crypto industry lobby group, has suddenly announced that it’s ceasing its operations after five years. Crypto Growth Advocacy in India Accordin...

CoinPayment to Shut Down U.S. Operations on July 19, Warns Users to Withdraw Funds

Global crypto payment processor CoinPayment and its parent company UAB Ventures are on the verge of exiting the U.S. market due to heightened security obligations and market changes, BleepingComputer ...

Texas Bitcoin Miners Shut Down Operations Due to Heat Wave – crypto.news

Industrial Bitcoin miners in Texas have shut down operations in response to a request from the state’s grid operator amid a current heat wave, while projecting an increased demand for electricity. Cry...

Demand Response: Texas Bitcoin Miners To Shut Operations To Alleviate The Grid

A heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the moment where the demand response program shows what it can do for the Texan community, but that’s sti...

Texas Bitcoin miners are being paid to shut down and return energy to the grid

Over the weekend, the state of Texas was subjected to triple-digit heat, causing temperatures to soar to levels that broke records that had stood for more than a century. The state’s grid operator iss...

Crypto miners in Texas shut down operations as state experiences extreme heat wave

With many parts of Texas enduring days of temperatures well over 100 degrees Fahrenheit in July, many crypto miners have shuttered operations in anticipation of the state’s energy grid being unable to...

Heatwave Forces Texas Bitcoin Miners to Shut Down

Key Takeaways Bitcoin miners are turning their machines off following calls for energy conservation by Texas authorities in anticipation of a brutal heatwave. More than 1,000 megawatts worth of Bitcoi...

Tech Giant Meta To Shut Down Digital Wallet Experiment Novi, Says Metaverse Project Coming Next: Report

Meta is reportedly shutting down its crypto wallet years after Mark Zuckerberg took a grilling from Congress over Meta’s future projects. According to a new report by Bloomberg, Meta’s digital asset w...

Lido Shut Down Terra Support, Starts bLUNA And stLUNA Withdrawal

Defi staking protocol Lido has started unwinding Lido on Terra Classic and the Anchor-stETH integration from today onwards. The shut down will happen in 4 stages to provide users with adequate time an...

Authorities shut down a Peter Schiff bank

Shutdown of economist Peter Schiff’s online financial institution on suspicion of tax evasion and money laundering. Peter Schiff’s Euro Pacific Bank gets shut down The Office of the Commissioner of Fi...

Solana’s Hack Investigation Forces Crema Finances to Shut Liquidity Protocol

While the Crypto Twitter community waited for Crema Finance to report on the matter, they took it upon themselves to locate the hacker’s wallet and gain a deeper understanding of the issue. Crema Fina...

Meta to Shut Down Novi Crypto Wallet in September

Meta Platforms Inc, formerly Facebook Inc, has announced to shut down its Novi cryptocurrency digital wallet on September 1st. The latest announcement follows by advising users to make withdrawals of ...

Meta to Shut Down Digital Wallet Novi Less Than a Year After its Launch

The Novi digital wallet will be shut down on September 1, announced the company behind the project – Meta (formerly Facebook). This comes after years of regulatory scrutiny and unsuccessful launch att...

Meta (Facebook) Announces Shut Down of Digital Wallet ‘Novi’ Pilot

Novi’s “small pilot” was made available to Meta users in the United States and Guatemala. Facebook Pay was renamed Meta Pay last month. The pilot phase for Novi, Meta’s digital wallet and the only sur...

Missed Power Bill Payments Force Compass Mining To Shut a Facility

Compass Mining, a provider of Bitcoin (BTC) mining gear and hosting, has ended up losing one of its Maine-based hosting locations after the owner of the facility, Dynamics Mining, canceled the ability...

Bitcoin Mining Facility Shut Down Following Sharp Decline In Miner Profitability

Bitcoin mining has been seeing a decline in profitability in recent times. This comes as no surprise given the drop in the value of the token and since profitability largely depends on what price BTC ...

Coinbase to shut down Coinbase Pro to merge trading services

Coinbase’s professional trading platform, Coinbase Pro, will cease to exist as the cryptocurrency exchange unveiled plans to restructure its services to consolidate them into one platform. The United ...