Texas miner profited ‘significantly’ more by shutting down amid heatwave than mining Bitcoin

After Bitcoin (BTC) miners in Texas heeded the state’s grid operator’s pleas to consumers to reduce power usage during peak demand due to record-breaking temperatures, one of the largest cryptocurrenc...

Portuguese banks shutting crypto accounts citing risk management concerns

Several large banks in Portugal have reportedly begun closing the accounts of cryptocurrency exchanges due to “risk management” concerns, suggesting a shift in Portugal’s pro-crypto ...

Bitcoin Miner Riot Earned $9.5M for Shutting Down During Texas Heatwave

Riot blockchain paused mining operations at its Texas facility last month upon request from the state—and was handsomely rewarded. The industrial crypto miner, according to a company statement on Wedn...

Largest Monero mining pool is shutting down

The largest Monero mining pool by hashrate MINEXMR has revealed it will stop operations on August 12th. The news today comes months after the mining pool was bashed for controlling a significant perce...

Tech Giant Tencent Reportedly Shutting Down ‘Huanhe’ NFT Platform

58 mins ago | 2 mins read NFT News The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content Group (PCG). According to a repor...

Texas Bitcoin miners resume operations after shutting down due to high power demand

After weeks of inactivity as part of stabilising electricity usage, large-scale Bitcoin miners in Texas have resumed normal operations.  The operators had halted mining activities following increased ...

Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble

There are few companies with more at stake from Russian natural-gas flows into Germany than the chemicals sector. Shares of chemicals companies including BASF BAS, +2.61%, Lanxess LXS, +3.77% and Cove...

CoinPayments Announces Shutting Down Operations Amid Crypto Winter

2 hours ago | 2 mins read Exchange News Before July 19, the company recommended customers remove their cash. CoinPayments blamed it on new Anti-Money Laundering (AML) legislation. Shortly after severa...

Another Sports Network, Olympic Channel, Shutting Down

Photo by Lintao Zhang/Getty Images. Getty Images It was no surprise when NBCUniversal announced it would be shutting down Olympic Channel : Home of Team USA effective September 30, less than a year af...

Huobi Shutting Down in Thailand Following Agency Ruling

Thailand’s Securities and Exchange Commission (SEC) revoked the operating license of cryptocurrency exchange Huobi Thailand on Wednesday, prompting the company to say it will soon cease operations in ...

Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down

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Airbnb Reportedly Shutting Down Listings In China

Topline Airbnb plans to shut down all its listings in China by this summer, following years of pandemic-related difficulties and increasing competition from Chinese businesses, CNBC reported Monday—ev...

Russia backpedals on crypto legalization amid Hydra darknet shutting down

Russia, Ukraine, war, and crypto – these words have collided with a force that few expected to see in the midst of the COVID-19 pandemic. Yet, a new shock development in Russia has thrown previous the...

Indiana Pacers Begin Shutting Down Veterans As Season Nears End

Los Angeles Lakers center Dwight Howard (39) gets a dunk over Indiana Pacers center Myles Turner … [+] (33) and forward T.J. Warren (1) during the second half of an NBA basketball game in Indian...

China is shutting down Shanghai in two phases to control Covid

Health workers wearing protective gear as a measure against the Covid-19 coronavirus walk down a street in Jing’an district in Shanghai on March 26, 2022. Hector Retamal | Afp | Getty Images BEI...

Licensed Formula 1 Ethereum NFT Game is Shutting Down

In brief Licensed Ethereum-based game F1 Delta Time will shut down this week. Animoca Brands will give NFT holders replacement NFTs for another racing game, alongside tokens and other benefits. Formul...

Wonderland DeFi Is Shutting Down

Following a deeply divided community vote set off by the Michael Patryn controversy, the Wonderland DeFi project could be headed for its demise.  The End Of Wonderland One of the cofounders of the Won...