With the Bitcoin (BTC) halving more than a year away, don’t expect crypto industry narratives to change anytime soon. Nay, crypto winter is still in full force, and the nasty headlines show no signs o...
Tag: Shutting
Is the IMF shutting the door prematurely on Bitcoin as legal tender?
There’s been little sunlight this crypto winter, so it may seem odd to present the “Bitcoin as legal tender” argument again. That is, will or should any country — other than El Salvador and the Centra...
Amazon is shutting down eight cashierless Go stores
Amazon is closing down two cashierless Go stores in New York City, two in Seattle and four in San Francisco on April 1st, according to GeekWire. The e-retail giant made the announcement on the same da...
Solana Shutting Down NYC And Miami Stores
The Solana-themed retail storefronts called Solana Spaces have announced that they are closing their brick-and-mortar storefronts in New York City and Miami. Solana Spaces Pivots To Web3 The Solana S...
$200,000,000 Crypto Hedge Fund Shutting Down Due to Fallout From FTX Collapse: Report
Crypto hedge fund Galois Capital is reportedly shutting down and refunding money to investors after being caught in the high-profile implosion of FTX. According to the Financial Times, Galois Capital ...
LocalBitcoins Shutting Down. Here’s Why
Alex Dovbnya LocalBitcoins has decided to discontinue its service, citing unfavorable market conditions Prominent peer-to-peer Bitcoin trading platform LocalBitcoins is closing up shop after a whoppin...
Pioneering NFT ETF Shutting Down as Enthusiasm Subsides
Alex Dovbnya A ground zero NFT exchange-traded fund is closing its doors for investors due to the lack of interest The Defiance Digital Revolution ETF, a trailblazing exchange-traded fund focused on n...
Internal Conflict Leads to Validator Shutting Nodes on Secret Network
This change is in response to recent disclosures about the Secret Foundation’s finances. Smart Stake has announced that it would no longer be providing its services. A significant layer-1 privac...
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally – Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a comp...
‘It just doesn’t work.’ The world’s best restaurant is shutting down as its owner calls the modern fine dining model ‘unsustainable’
Even fine dining’s highest-profile restaurateurs admit that their industry’s business model is broken and needs an injection of creativity. Hit hard by the pandemic, restaurants have had to re-create ...
Core Scientific Is Shutting Down 37,000 Celsius Crypto Mining Rigs
Editors News Core Scientific, a crypto miner has submitted a motion asking for permission to reject Celsius’ contracts. According to Core, Celsius had broken the terms of the agreements by failing to ...
Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market – Exchanges Bitcoin News
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed...
Midas shutting down its platform: Might come up with CeDeFi soon.
Midas is closing its platform, and users can withdraw their funds or swap tokens on the new platform. Platform experienced 60% AUM withdrawal amid the slow crypto market. CeDeFi would combine the ea...
Ethereum Foundation Update: Ropsten Shutdown is Shutting Down
Ethereum Foundation’s recent blog published on November 30, 2022 was about the Ropsten Shutdown Announcement. This announcement is followed by the previous Ropsten, Rinkeby & Kiln Deprecation Anno...
Ethereum Ropsten Testnet Shutting Down, Here’s What You Need to Know
Ethereum Core developer Tim Beiko has reiterated that the Ethereum testnet Ropsten is shutting down. According to an announcement published on the official Ethereum website, the Ropsten network will b...
Here’s why Ethereum is shutting down its oldest testnet Ropsten
Ethereum developers have commenced a countdown to the closure of the blockchain’s oldest testing grounds for native applications, known as Ropsten. In an announcement dated November 30th, Ethere...
Maersk, IBM shutting down blockchain-enabled supply chain project
Danish shipping company Maersk and IBM are withdrawing their blockchain-enabled supply chain offering, TradeLens, and discontinuing the platform. TradeLens was founded on the “bold vision ...
Amazon shutting down wholesale distribution in third business exit in India
Amazon is shutting down its wholesale distribution business in India, the latest in a series of retreats for the retailer in the key overseas market where it has deployed over $7 billion in the past d...
Elon Musk Furiously Shutting Down False Rumor about Twitter and Sam Bankman-Fried
The surprising rumor about SBF’s ties with Twitter occurred in еру space a few hours ago, but Elon Musk rushed to shut it down as soon as possible. According to Business Insider, Sam Bankman-Fried rep...
LocalCryptos, a Bitcoin and Crypto P2P Exchange, is Shutting Down – crypto.news
LocalCryptos P2P exchange platform said in a statement that it intends to wind down as smoothly as possible seamless as possible in the next few weeks for its users to move coins and transfer their bu...
Sephora Returns To U.K. Next Week, 17 Years After Shutting Up Shop
Sephora returns to Europe’s third largest beauty market next week. (Photo by Mario Tama/Getty … [+] Images) Getty Images French beauty and skincare retailer Sephora is to return to the U.K...
Factories Making Towels and Bedsheets Are Shutting in Pakistan
(Bloomberg) — Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped ...
Marlins Move To Protect Star Pitcher Sandy Alcantara By Shutting Him Down For Season
Two-time All-Star Sandy Alcantara won’t pitch again this season because the Marlins say they want to … [+] protect his future. (Photo by Michael Reaves/Getty Images) Getty Images No matter...
‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
The mortgage industry is struggling with higher rates and a sharp drop in buyer demand. Rocket RKT, +0.53% says it’s got a plan to turn things around. There’s turmoil in the sector. Volume of originat...
Apollo DAO Announced Shutting of Vaults on Terra Classic
5 hours ago | 2 mins read Defi News Over 10,000 token holders make up Apollo DAO. Around $200 million was trapped in the Apollo DAO network upon its inception. Simultaneously with the issuance of an a...
Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors
Stone Ridge Asset Management, a global asset management firm based in New York, announced Monday plans to liquidate and dissolve its Stone Ridge Bitcoin Strategy Fund with the Securities and Exchange ...
Compass Mining Shutting Down Georgia Facilities Due to Excessive Energy Rates
On August 31st, Compass mining, the first marketplace for Bitcoin mining equipment, lost two of its third-party hosting strategic facility locations for mining in Georgia due to rising energy prices. ...
OptiFi locks up $661,000 by accidentally shutting itself down
OptiFi, a DeFi options trading protocol on Solana, accidentally shut down its mainnet thereby rendering $661,000 in user funds inaccessible, the project announced on Tuesday. According to the team’s i...
Tencent’s Huanhe NFT Platform Shutting Down Operations Citing Uncertain Regulations.
Crypto space in China had faced the worst since the authorities banned cryptocurrencies and all related operations across the region. Users of crypto assets and non-fungible tokens within the country ...
Crypto Miner Riot Made $9.5M by Shutting Down Amid Texas Heatwave – crypto.news
Riot Blockchain, an American Bitcoin mining company, earned an estimated $9.5 million in power credits by halting mining operations at its Texas facility last month in response to a state request. Rio...