Policy • March 15, 2023, 11:06AM EDT Crypto tumbler ChipMixer is the target of law enforcement as American and European federal authorities took action to seize assets and dismantle the platform, acco...
Tag: Shuts
Binance Shuts Down Sterling Transactions Following Split with the UK Banking Partner
In recent months, cryptocurrency investors and enthusiasts have been rocked by a series of sudden collapses of banks that were once seen as friendly to the crypto industry. These banks, which had prev...
Signature Bank Shareholders Lose Everything As Regulator Shuts It Down — Just Days After Silicon Valley Bank Collapse
A branch of Signature Bank is photographed, late Sunday, March 12, 2023, in New York. Regulators … [+] announced that the New York-based bank had failed and was being seized. At more than $110 b...
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company – Bitcoin News
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary int...
Kazakhstan shuts down illegal crypto exchange, seizes $350,000
Kazakhstan has identified and shut down ABS Change, a platform that was illegally trading cryptocurrencies. Three Kazakhstani citizens have been charged with running the exchange, which has been opera...
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance – Exchanges Bitcoin News
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of ...
Kraken Shuts Down Staking Dept. Following SEC Battle
It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting crypto staking. In the latest headlines, the Securities and Exchan...
Silvergate Shuts Down
The crypto-focused bank has finally made the call to shut down operations after struggling to stay afloat in the FTX aftermath. End Of The Road For Silvergate In their latest press release, Silvergat...
Crypto Friendly Bank Silvergate Shuts Down
Key Takeaways Silvergate Bank announced yesterday it would be voluntarily undergoing liquidation. The bank assured that all customer deposits would be fully repaid. Silvergate had previously informed ...
Bitcoin, Ethereum Down 8% on the Week as Silvergate Bank Shuts Shop
Bitcoin (BTC) is down 1.7% over the past day and 8.4% in the week, as the leading cryptocurrency slid to a three-week low of $21,640 in the early hours on Thursday, data from CoinGecko shows. The worl...
US Judge Shuts Down SEC, Says Agency Will Not Be Allowed to Interfere With Crypto Bankruptcy Proceedings
A judge in the Southern District of New York says he will stop the SEC from interfering with a bankruptcy case by claiming a new crypto asset is a security. Judge Michael Wiles says he will not allow ...
SEC Shuts Down ‘$100 Million Crypto Fraud’ in Miami
Another day, another SEC crypto crackdown case. Today, the U.S. regulator announced emergency action against investment adviser BKCoin Management in connection with an alleged fraud scheme. The SEC a...
China Lithium Probe Shuts Down About a Tenth of Global Supply
(Bloomberg) — Most Read from Bloomberg China’s lithium industry is reeling as its top production hub — responsible for around a tenth of the world’s supply — faces sweeping closures amid a gover...
Dogecoin Spin-Off BabyDoge Shuts Down Airdrop Rumors
Alex Dovbnya BabyDogeCoin, a Dogecoin spin-off, has denied rumors of an airdrop in a recent tweet In a recent tweet, BabyDogeCoin denied rumors of an airdrop, cautioning its followers to be wary of sc...
WazirX Shuts Down NFT Marketplace Due to Low Traction
Indian crypto exchange WazirX has wound up its NFT marketplace operations with immediate effect. Currently, the WazirX NFT site displays a message to this effect. WazirX NFT Sunsetted “The WazirX NFT...
Binance Australia shuts down derivative trading accounts of retail users
Binance shut down the derivative trading accounts of retail users in Australia after it mistakenly classified such customers as wholesale investors. For Australians, Binance only offers crypto d...
WazirX shuts NFT marketplace amid ongoing crypto winter
The NFT marketplace was created in June 2021 by the Indian crypto exchange WazirX but has been discontinued. Users can still make deposits WazirX, an Indian crypto exchange, has closed down its NFT ma...
WazirX Shuts NFT Marketplace Without Telling Anyone
The WazirX NFT marketplace has been closed down without warning to its artists or customers. The marketplace, a project once marketed as India’s best non-fungible token (NFT) marketplace, has closed i...
Galois Capital Shuts Shop After FTX Contagion
Crypto hedge fund Galois Capital has been forced to shut down after it was revealed that half of its assets were trapped on the FTX crypto exchange. $100M Stuck In FTX The FTX catastrophe has claimed...
Galois Capital shuts shop due to the FTX collapse
Galois Capital, which happens to be a crypto hedge fund, has been compelled to finally shut shop, following the incurring of a substantial amount of loss due to the FTX collapse. The money that happen...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’ – Featured Bitcoin News
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operati...
Hedge fund Galois Capital shuts down after FTX collapse
Galois Capital, a hedge fund that was one of the companies that lost money when FTX went bankrupt, has decided not to continue operating after seeing fifty percent of its holdings get stuck in the fai...
Galois Capital Shuts Down: Remaining Assets Will Reach Investors
Galois Capital has decided to stop trading after being victimized by FTX’s fall. A major share of the fund was trapped at FTX during its collapse. Kevin Zhou claimed that 90% of the funds would be ret...
Crypto Hedge Fund Galois Capital Shuts Down After Losing $40M to FTX
Join the most important conversation in crypto and web3! Secure your seat today One of the world’s largest crypto-focused quantitative funds, Galois Capital, has called it quits after losing a sizeabl...
Galois Capital shuts down in aftermath of FTX collapse
Galois Capital has moved to shut down its hedge fund operations following a $40 million loss resulting from the FTX collapse, according to the Financial Times (FT). The U.S.-based hedge fund managed a...
Crypto hedge fund Galois Capital shuts after getting caught up in FTX saga: FT
Galois Capital, a crypto hedge fund that had half of its assets trapped on the collapsed crypto exchange FTX, is reportedly shutting down and returning its remaining money to investors. “G...
Musk Shuts Two of Three Twitter India Offices, Sends Staff Home
(Bloomberg) — Twitter Inc. has shut two of its three India offices and told its staff to work from home, underscoring Elon Musk’s mission to slash costs and get the struggling social media servi...
LocalBitcoins Shuts Down After 10 Years
LocalBitcoins, a peer-to-peer (P2P) bitcoin trading platform located in Finland, has announced that it would be ceasing operations after more than a decade of providing services to its users. On Febru...
Kraken crypto exchange shuts down staking
The Kraken crypto exchange, the world’s largest Bitcoin exchange in euros in terms of volume and liquidity. Has shut down its cryptocurrency staking operations following charges from the SEC. The US r...
LocalBitcoins shuts down after decade of P2P trading
After a decade of providing bitcoin trading and wallet services, LocalBitcoins has announced its shutdown. LocalBitcoins, the well-known peer-to-peer bitcoin trading platform, has declared the end of ...
Silvergate downgraded to underperform at Wedbush on prospects for liquidation after its shuts down its exchange network
Silvergate Capital Corp. SI, +0.87% stock fell 9.7% in premarket trades Monday after the company announced it’s shutting down its crypto currency payments network called the Silvergate Exchange Networ...