Crypto scam is a pain in the neck for governments around the globe. It involves a huge amount of money and as technology advances, so do the tricks fraudsters employ behind the scheme. British authori...
Tag: Shuts
UK government shuts down two firms suspected of crypto fraud
The UK government has ordered the closure of two companies engaging in crypto-related fraud. The UK government said that an inquiry into the two companies showed that they had engaged in a £1.3 millio...
Taliban Bans All Crypto in Afghanistan, Shuts Down Exchanges
The Taliban regime has issued a blanket ban over the cryptocurrency industry in Afghanistan and has arrested those in defiance. The country’s central bank placed a national ban on digital currencies e...
Afghanistan Shuts 16 Crypto Exchanges, Arrests Staff: Report
Locals involved with crypto exchanges across Herat were reportedly arrested and their shops closed Afghanistan’s Taliban-led central bank banned online foreign exchange trading in June Crypto became c...
Coinmetro Responds to Tax Evasion Rumours, Shuts Down Worry Claims – crypto.news
As reported last week, Coinmetro’s name was in the spotlight following allegations of tax evasion, rumoured to have come from the Estonian Tax and Customs Board. The startup has now responded, refutin...
Hoskinson shuts down talk of ‘hush-hush culture’ over stalled Vasil upgrade
Input Output (IO) CEO Charles Hoskinson shut down claims that Cardano operates within a “hush-hush culture.” Hoskinson spoke out after developer Adam Dean publicly said the Vasil testnet is “catastrop...
Celer Network shuts down bridge over potential DNS hijacking
Interoperability protocol Celer Network has asked its users to revoke the approval for several contracts after shutting down its cBridge over a suspected Domain Name System (DNS) hijacking. According...
Tencent Shuts Down China NFT Platform Citing Increasing Scrutiny
Chinese social media giant Tencent Holdings has closed its non-fungible tokens (NFT) platform Huanhe after just one year of operation. The move comes as regulatory scrutiny of NFTs mounts in the count...
Nasdaq-Listed Eqonex Shuts Down Crypto Exchange Due to Low Volume, ‘Intense Competition’
Publicly traded blockchain services company Eqonex Limited (EQOS) announced on Monday that it will shut down its cryptocurrency exchange operations, citing falling trading volume, “intense market comp...
Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe
CryptoSlate spoke exclusively with a member of the Tornado Cash team who has been granted anonymity for their own protection and will be referred to as “TC Member” for the sake of this article. The To...
Email Marketing Service MailChimp Shuts Down Crypto Customers
Crypto companies have usually been the victims of corporate crackdowns over the years. The same is now the case with one of the largest email marketing services in the world. Earlier this week, some n...
Hotbit Shuts Down Trading, Deposit, and Withdrawal Services Indefinitely
– Advertisement – Leading cryptocurrency exchange Hotbit has announced that it will be suspending some of its important services indefinitely. According to the exchange, services such a...
Singapore’s crypto lender Hodlnaut shuts down
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv – Mining Bitcoin News
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stol...
Experts sense trouble as Coinbase shuts down US affiliate program
Again, cryptocurrency users and industry experts are sensing troubles ahead for the leading US exchange Coinbase, following recently leaked information that the company has decided to stop its affilia...
Circle shuts down critics with on-going disclosures on USDC reserve assets
Circle issued its first monthly report of USDC reserve assets on July 14 in an effort to enhance transparency. The general reputation of stablecoins has taken a severe hit since the Terra UST implosio...
Tencent Shuts Down NFT Platform, Blames Unfavourable Government Policies
Despite that NFTs are not banned in China, stringent government policies have made it practically impossible, even for NFT businesses to thrive there. China’s news giant Tencent has reportedly closed ...
India Shuts Down Blockchain and Crypto Assets Council Citing Compliance
The Internet and Mobile Association of India (IAMAI) will dismantle the Blockchain and Crypto Assets Council (BACC) in what is being considered a massive blow to the only representative body for the d...
Tencent shuts down NFT platform as gov policy makes it impossible to thrive
China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided by the regressive monetary policies of the Chinese government. T...
Crypto mining: heat wave shuts down industrial farms
One of the main problems facing mining farms is that of heat generation. Indeed, the machines that extract the hashes work continuously at maximum power, and they do effectively turn all the enormous...
Russia Shuts Down Gas Pipeline For Maintenance—Europe Holds Breath, Worried It Won’t Re-Open
Topline Russia has shut down the supply of natural gas to Europe through the Nord Stream 1 pipeline on Monday to carry out scheduled maintenance, a move that raised fears in Europe of a possible exten...
KuCoin Shuts Down Rumors Of Halting Withdrawals And Claims That It’s Enabling Fraud In Roller Coaster Day ⋆ ZyCrypto
Advertisement     KuCoin has refuted rumors on Twitter over the weekend that it is planning to halt withdrawals due to undisclosed LUNA exposure even as it faces claim...
Cardano Founder Shuts False Rumors Regarding New Vasil Hard Fork
4 hours ago | 2 mins read Altcoin News On the testnet, the Vasil hard fork was successfully deployed. There would be no issues with contracts after the HFC event is over as per Charles. The Cardano ne...
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion,...
Crema Finance Temporarily Shuts Down After $6 Million Hack
Solana-based concentrated liquidity protocol Crema Finance announced that it would temporarily suspend its services to investigate an exploit that stole over $6 million from the protocol. It announced...
Solana’s Liquidity Protocol Crema Finance shuts its operations; Market crash or something else?
Ironically, one of the most effective ways to refrain the funds drain out of the institution, is to shut down the operation itself. For the past several weeks, many crypto firms and related institutio...
Crema Finance shuts liquidity protocol on Solana amid hack investigation
Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but undiscl...
The last remnant of Facebook’s crypto project shuts down
Meta reported Friday that it’s covering its computerized wallet, Novi, on Sept. 1 The move comes in the midst of an expansive slump in the cryptographic money market and a new examination on stablecoi...
The exchange giant shuts down Coinbase Pro
In recent days, Coinbase announced the layoff of 18% of its employees and has now decided that it will close its Pro service for professional traders by the end of the year. Proceedings to close Coinb...
Huobi Thailand Shuts Down Operations after Losing License
After the closure of the platform, Huobi Thailand will no longer have any connections or legal bindings with Huobi Group and its affiliates. Huobi Thailand has announced it will cease all operations o...
Huobi Shuts Down Its Crypto Unit – Thai SEC Revoked the License
40 mins ago | 2 mins read Exchange News The Thai Securities and Exchanges Commission (SEC) announced to Shut down Huobi’s crypto services in Thailand. From July 1st 2022, Huobi will permanently close ...