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Hundred Finance announces to shut down its lending operations

10.8.2023
Hundred Finance has announced that it is soon going to shut down its lending operations. This comes days after the DAO passed a proposal to sunset the lending services of Hundred Finance. The proposal was passed with a massive 98.54% strength in favor of the move. The remaining portion of...

GameStop Decides to Shut Down NFT Wallet Citing Regulatory Uncertainty

2.8.2023
Popular video game retailer GameStop has announced plans to shut down its NFT wallet due to regulatory uncertainty in the crypto space. According to a pop-up message on its NFT marketplace, GameStop would cease support for the wallet starting November 1. "Due to the regulatory uncertainty...

OpenAI shutters AI detector due to low accuracy

25.7.2023
OpenAI has quietly pulled the plug on its AI Classifier because of its low accuracy

Unofficial GTA: San Andreas Restaurant Shut Down By Lawyers

18.7.2023
Two unofficial pop-up restaurants based on fast food chains that have appeared in past Grand Theft Auto games were planned to open next weekend in San Diego, just in time for Comic-Con. However, that reportedly won’t be happening anymore after Take-Two Interactive, the parent company of Rockstar...

UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites

11.7.2023
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines....

Algorand decentralized lending protocol Algofi to shut down by end of year

11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand

Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to Shut Down

11.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can...

DeFi Protocol Holding 55% of Algorand Value to Shut Down

11.7.2023
Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently

Nightmare 'Giga' Roller Coaster Shut Down After Someone Spots Massive Crack

3.7.2023
Amusement park rides scare the shit out of me. I have a fear of heights, and moving fast, and just about everything associated with roller coasters. But I can usually still persuade myself to get on one every now and then, secure in the knowledge that surely the ride would not be up and running...

Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns

28.6.2023
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize...

Players Angry That OG Call of Duty: Warzone Will Shut Down This Fall

22.6.2023
It’s official: Warzone Caldera, formerly known as the original Call of Duty: Warzone, is shutting down later this year so developers can focus on the battle royale’s sequel and players are angry. The announcement came in a Call of Duty blog post titled “An update on Call of Duty: Warzone Caldera”...

Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions

20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers. The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...

Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down

19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...

Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down

Ookie DAO is compelled to shut down shutters

14.6.2023
Ookie DAO was compelled to shut down its shutters and withdraw from all internet activity. This was due to the lawsuit that was duly filed against it by the CFTC. As per the allegations of the CFTC, they believe that the DAO was built to transfer the ownership of a non-compliant trading platform...

Ooki DAO to shut down after 'precedent setting' court battle with CFTC

10.6.2023
The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”

Kazakhstan Police Shut Down ‘Fake Crypto Exchange’ and Arrest ‘Mastermind’

2.6.2023
Police in Kazakhstan say they have shut down a suspected fraudulent crypto trading platform, with its alleged mastermind arrested. Per Nur.KZ, the Ministry of Internal Affairs announced that a “23-year-old man” had been arrested. The man’s name begins with L and he was born in 1999, the police...

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

1.6.2023
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform

How A Wild Video Game Rumor Races Around The Internet Before Getting Shut Down

30.5.2023
It’s almost summer and gamers are starting to lose it. In the midst of a renewed console race frenzy and video game industry consolidation, fan speculation about future game releases and company deals is at an all time high. It’s an exciting time for new announcements as we head into not-E3...

Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’

26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...