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Silicon Valley Bank shut down by California regulator
10.3.2023
The FDIC stated that as receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB)
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low
5.3.2023
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos, and Circle. Silvergate Discontinues Crypto Payments...
Crypto Exchange Bitzlato Restores Access to User Funds
3.3.2023
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money....
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
13.2.2023
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move
Nexo shutters US Earn product a month after settling with regulators
13.2.2023
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
11.2.2023
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following...
LocalBitcoins to Shut Down After 10 Years Amid Challenging Market Conditions
10.2.2023
Bitcoin exchange LocalBitcoins has announced its closure after serving customers for more than 10 years citing the ongoing bear market.
In a recent posting on its website, the exchange said it would be shutting down in the coming weeks due to tough market conditions. The platform said they...
Overstock-funded tZERO Crypto exchange will shut down March 6
3.2.2023
Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens
Yet Another Online Game Is Shutting Down, Devs Promise 'Private Server' PC Version
3.2.2023
What a week. It was only Tuesday that we wrote about Rumbleverse, a battle royale game that was shutting down less than six months after launch. Now, on Thursday, we’ve got another, only this time it’s Knockout City.Read more
Epic Kills Battle Royale Game Less Than Six Months After Release
1.2.2023
In August 2022, Epic Games—developers of Fortnite, custodians of the Epic Games Store, creators of the Unreal Engine, rich as God—published a melee-based battle royale game called Rumbleverse. It is now January 2023 (February already for me here in Australia), and the game is already being killed...
Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims
26.1.2023
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...
Core Scientific to Shut Down Celsius Crypto Mining Equipment
4.1.2023
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is losing it $2 million per month
Vader will shut down stablecoin USDV, cannot find a 'breakthrough'
29.12.2022
The remaining treasury will be distributed to users through a redemption app until June 2023, according to the protocol
Bitfront to shut down by March 2023
30.11.2022
The bearish market in the crypto industry is taking forever with its stay in the industry. This has forced several exchange platforms to consider an alternative to seamlessly running their operations. Bitfront, for one, has chosen to shut down its operations by as early as March 2023....
Nintendo Shuts Down Smash World Tour, Organizers 'Losing Hundreds Of Thousands Of Dollars'
30.11.2022
The organisers of the Smash World Tour have today announced that they are being shut down after Nintendo, “without any warning”, told them they could “no longer operate”.Read more
Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans to Improve Digital Asset Trading
28.11.2022
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: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans...
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down
28.11.2022
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up. Bill Ackman on Crypto Regulation and the Need for Industry...
One Of The Best Deus Ex Games Is Disappearing
23.11.2022
For a while there, Square Enix Montreal (later rebranded to Onoma) were making some of the best mobile puzzle games of all time. Hitman Go, Lara Croft Go and Deus Ex Go were three of the slickest, most challenging games you could play on your phone, and all have gone down as classics of the genre....
Video Game Studio Goes Through Expensive Rebrand, Is Then Immediately Shut Down
1.11.2022
Embracer Group is hitting both gamers and its developers with a one-two punch today with the announcement that it is shutting down Onoma. Read more