Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation’s electricity grid — leading to a temporary ...
Tag: Shuts
British Columbia Shuts Down Power Supply for Crypto Mining
Bitcoin News Currently, BC Hydro serves seven cryptocurrency mining facilities. A report titled “Crypto dilemma” was published by the British Columbia Hydro and Power Authority. British Columbia, Cana...
Twitter Shuts Down Its Trust And Safety Council—Here’s What You Need To Know
Topline Twitter on Monday disbanded its Trust and Safety Council, a group of around 100 independent activists, academics and civic leaders that advised the company on tackling hate speech and other ha...
Alameda-backed Ren protocol shuts down, alerts users to unwrap tokens
The Alameda-backed protocol, Ren, warned users that its version 1.0 is winding down, and there is a potential risk of losing assets. The Alameda-backed protocol, Ren, announced in a Twitter thread tha...
Ripple CTO shuts down ChatGPT’s XRP conspiracy theory
Ripple’s chief technology officer has responded to a conspiracy theory fabricated by Artificial Intelligence (AI) tool ChatGPT, which alleges the XRP Ledger (XRPL) is somehow being secretly controlled...
Appeals Court Shuts Down Special Master Review Of Mar-A-Lago Documents
Topline A federal appeals court has cut short a special master’s review of White House documents the Department of Justice seized at former President Donald Trump’s Mar-A-Lago estate, siding Thursday ...
Kiln shuts $17.8 M, observes future Ethereum staking demand
A staking platform, Kiln has shut a $17.8 million fundraising round presenting the likes of Consensys and Kraken Ventures. The firm is observing ‘exponential rise’ in demand for Ethereum staking...
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges – Exchanges Bitcoin News
Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media ...
Disney CEO Iger Shuts Down Apple Merger Rumors, Sticks By Hiring Freeze
Topline In his first town hall meeting since retaking power, Disney CEO Bob Iger took the first steps toward recrafting the media giant to his vision, vowing to focus on improving the company’s bottom...
Line shuts down crypto exchange to focus on blockchain and LN token
The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a pl...
Ethereum node developer, Akula, shuts down – crypto.news
The developers behind the Ethereum node project, Akula, have decided to shut down the project because they cannot compete with a newly announced rival project that has similar features and is run by a...
Leading Cardano stablecoin project shuts down after excruciating launch delays
On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing “funding and project timeline uncertainty.̶...
Ethereum node project Akula shuts down in wake of Paradigm competitor
The developers behind Akula, an Ethereum client implementation, have decided to scrap the project because they cannot compete with a newly announced rival project called Reth that has similar features...
Twitter outages spike after Musk shuts offices
Elon Musk acquired Twitter just three weeks ago – FREDERIC J. BROWN/AFP via Getty Images The number of data outages reported on Twitter soared by nearly 1,800pc in the nine hours after Elon Musk...
UK High Court Shuts Down PGI Global for Involvement in a Crypto Fraud
The UK High Court has ordered PGI Global to shut down. Company was believed to be involved in cryptocurrency fraud. High Court did the same with Micasa WW Ltd. in August 2022. Official Receiver Appoin...
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. Global Investors CEO suggests Bitcoin mining ‘shuts down globally’ if BTC hits $12,000
Crypto mining is one of the main methods by which individuals can acquire cryptocurrencies like Bitcoin (BTC), as they earn rewards for confirming transactions and securing the network. However, if th...
U.S. Global Investors CEO reveals Bitcoin mining ‘shuts down globally’ if BTC hits $12,000
Crypto mining is one of the main methods by which individuals can acquire cryptocurrencies like Bitcoin (BTC), as they earn rewards for confirming transactions and securing the network. However, if th...
Crypto bank Nuri urges customers to withdraw funds before it shuts down
In cryptocurrency news today, crypto bank Nuri, which filed for temporary insolvency in August after a tough year made worse by the collapse of one its business partners and the failure to get an acqu...
German crypto neobank Nuri shuts down business after failing to find buyer
Nuri, a German crypto neobank, is closing its doors as it was unable to find an acquirer after filing for insolvency in August, CEO Kristina Walcker-Mayer said in an Oct. 18 blog post. The CEO said th...
German Crypto Exchange Nuri Shuts Down
Trading will remain possible until Nov. 30 Customers have until Dec. 18 to withdraw funds German cryptocurrency exchange Nuri has closed its business after struggling to find investors. The Berlin-bas...
One Year Later, CNN Shuts Down NFT Marketplace, Accused Of ‘Rugging’ Users
After just over a year of operations, CNN is shuttering it’s NFT platform, ‘The Vault.’ Despite the crypto and NFT markets enduring substantial downturn throughout a good portion of this year, CNN was...
SEC Shuts Down Fraudulent Crypto Firm Over Ponzi Scheme
9 hours ago | 2 mins read Bitcoin News CryptoFX was able to amass over $12 million from over 5,000 investors. More than 90% of the monies was used by Chavez to maintain his extravagant lifestyle. A fa...
EV charging deals keep coming, Ford squeezed by shortages and Kitty Hawk shuts down
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a ...
NFT Renting Platform Shuts Down, Citing ‘Close to Zero Traction’
The founder of Rentable, the non-fungible token (NFT) protocol that lets users rent out their jpegs, announced today that the protocol will be shutting down after failing to find “product market fit.”...
Filecoin Miner RRMine Global Shuts Down Market in China, Moves HQ to Singapore
Decentralized storage network Filecoin miner RRMine Global announced that it will withdraw from the Chinese mainland market and close its business in mainland China, moving its headquarters to Singapo...
Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
Macro markets and geopolitics dominated the news this week, with Russia cutting off Europe’s gas supply, hedge funds betting against Italian debt, and the International Monetary Fund’s bailout for Zam...
Snap Inc announces layoffs as it shuts down Web3 division
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Snap Inc, Evan Spiegel, has announced that the company is reducing its workforce by around 20%. Additionally, the comp...
DeFi protocol shuts down months after the Rari Fuse hack
Decentralized finance (DeFi) protocol Babylon Finance has finally announced that it will shut down after months of trying to recover from the negative momentum caused by the Rari Fuse exploit. In a s...
Expensive Mistake of Solana DEX OptiFi: Permanently Shuts Itself, Locks Up $661,000
OptiFi, a decentralized options exchange, is dramatically stopped as the development team closed the mainnet and locked up funds during an attempted upgrade. An Expensive Mistake On August 30, t...
Solana-based Derivative Platform OptiFi Mistakenly Shuts Down Mainnet, Loses Access to $661k
OptiFi, a derivative decentralized exchange (DEX) built on the Solana network, announced the sudden closure of its mainnet on Tuesday, causing users to lose access to the $661,000 worth of assets lock...
Solana DEX OptiFi Accidentally Shuts Itself Down, Locks Up $661,000
Key Takeaways The OptiFi team says they accidentally permanently closed the OptiFi program on Solana mainnet yesterday during a routine upgrade. The shutdown resulted in the loss of $661,000 in funds,...