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Coinbase Pro Shuts Down Margin Trading
25.11.2020
US-based major crypto exchange Coinbase Pro said it will disable its margin trading product today, reffering to an unspecified guidance from the Commodity Futures Trading Commission (CFTC).
"Customers currently using margin trading will not be able to place new margin trades starting 2pm PT...
Bitcoin Bar ‘Room 77’ Shuts Down
19.10.2020
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...
P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions
16.9.2020
Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start...
Major Chilean bank shuts down all branches following ransomware attack
8.9.2020
There is a nationwide alert for future ransomware campaigns against Chilean companies
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss
28.7.2020
Tetras Capital, once a $33 million crypto hedge fund, is shutting down due to negative returns
Germany’s Neufund Shuts Down Security Token Platform, Saying BaFin Failed to Act
22.6.2020
Citing regulatory concerns, Berlin-based security token startup Neufund has announced plans to freeze its fundraising campaigns and sideline future tokenized equity offerings
Crypto News Outlet BlockTV Shuts Down, Citing Impact of COVID-19
8.6.2020
Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees
Media Startup Civil Shuts Down, Team Absorbed Into Decentralized ID Efforts at ConsenSys
2.6.2020
Blockchain media startup Civil is shutting down after three years, with its team pivoting to building decentralized identity tools at parent firm ConsenSys
As the Old Dai Shuts Down, Maker Must Deal With Centralized Collateral Risk
13.5.2020
With the shutdown of Sai, centralized collateral on Maker is once again being criticized
Crypto Forensics Firm TokenAnalyst Shuts Down, Some Employees Hired by Coinbase
5.5.2020
TokenAnalyst is shutting down after 2.5 years of operations, with some employees moving on to new roles at Coinbase
Bitcoin-Based Payment Facilitator Purse.io Shuts Down
16.4.2020
Long-time Bitcoin payment facilitator, Purse.io, has chosen to close up shop
Pantera-Backed DEX Sparkswap Shuts Down Due to Weak User Base
19.3.2020
In a blog post, the exchange states that it was unable to attract a large enough user base to sustain future operations
Paradigm Labs Shuts Down, Says It Was ‘Too Early’ for DeFi Boom
11.3.2020
Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space
DeFi Project Backed by Polychain and DragonFly Capital Shuts Down
11.3.2020
DeFi project Paradigm Labs says it has failed to keep step with an “incredibly fluid” decentralized exchange landscape
German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs
7.3.2020
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service...
A Sea Change to Crypto Hits America, Again
1.3.2020
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised...
Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible
19.2.2020
Contents Protocol will refund approximately $7.5 million-worth of ether back to investors
Korean ICO Contents Protocol Shuts Down, Will Return $7.5M to Holders
19.2.2020
South Korean ICO project Contents Protocol will return the majority of its initial funds to token holders
FCoin Exchange Shuts Down; Users Likely to Incur Losses Worth $125 Million
18.2.2020
Chinese crypto exchange FCoin announced on Monday that it is shutting down, citing “internal data errors & complicated decisions.” Launched in May 2018, FCoin has always been in the news, controversially most of the time. The blog post penned by founder and chief Zhang Jian; the company said...