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Bankrupt Celsius Network Reveals Plan To Shut Down App, Here’s Why
When Celsius launched back in 2017, many saw the company as one that had the potential to disrupt the industry with its crypto lending platform. Six years on, Celsius’ chapter in the crypto world seems to be ending, as recent developments will suggest. дальше »
2023-8-13 01:00 | |
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Fantom DEX forced to shut down after multichain incident
Once recognized as an integral part of Fantom, SpiritSwap has decided to stop running. New addresses overlooked joining the Fanton network as trust for the project fell. SpiritSwap, a DecentThe post Fantom DEX forced to shut down after multichain incident appeared first on AMBCrypto. дальше »
2023-8-10 20:30 | |
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Elon Musk Shuts Down Speculations Of An X Coin, Says Platform Will Not Launch A Token
Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant. дальше »
2023-8-5 18:00 | |
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Nigerian social payments app shuts down crypto exchange services
The company said it would shut its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. дальше »
2023-7-22 10:04 | |
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Coinbase Exchange Tells Borrowers That They Have Four Months To Pay Back
Coinbase, America’s largest crypto exchange, is winding down its Borrow program and has given borrowers four months to repay their loans. Coinbase To Shut Down Borrow Program The Coinbase Borrow program allowed eligible Coinbase customers in certain US states to borrow up to $1 million worth of US dollars by putting up bitcoin or other cryptocurrencies as collateral. дальше »
2023-7-22 19:30 | |
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Algorand’s defi protocol Algofi shuts down due to ‘confluence of events’
Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog post on… дальше »
2023-7-12 02:42 | |
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Algorand’s Biggest DeFi Project AlgoFi Set To Shut Down
Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog post by Algofi, the decision to decommission its platform is due to a “confluence of events,” which has made it impossible to maintain its highest standards of service. дальше »
2023-7-12 22:30 | |
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Algorand's largest DeFi protocol to shut shop as...
The protocol will soon move to withdrawal-only mode. The TVL on Algofi experienced a fall of more than 12% following the announcement. Algorand’s [ALGO] largest decentralized finance (DeFiThe post Algorand's largest DeFi protocol to shut shop as... appeared first on AMBCrypto. дальше »
2023-7-11 16:15 | |
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Algofi to shut down amid faded activity on Algorand (ALGO) blockchain
The leading decentralized finance (DeFi) platform in Algorand, Algofi, will suspend its services as the Algorand blockchain suffers deteriorate activity. Their latest blog post indicated that the protocol will launch withdrawal-only mode soon. дальше »
2023-7-12 15:47 | |
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Algorand’s largest DeFi protocol Algofi to shut operations
Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. дальше »
2023-7-11 12:24 | |
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WalletConnect V1.0 Shut Down, Making V2.0 Required — Golden Inu Token Extends Presale To Integrate
WalletConnect V1. 0 users found themselves unable to complete transactions this week. The web3 communication protocol that generates over 1. 1-Million websockets [user to app connections] shut down the original version of their bridge this week. дальше »
2023-7-4 11:50 | |
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SEC Temporarily Waives $30M Fine, Demands BlockFi Pays Investors
The United States Securities and Exchange Commission (SEC) has offered relief to US-based digital asset lender BlockFi by relinquishing their $30 million fine until investors are reimbursed. Related Reading: Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why BlockFi Receives Temporary Relief On $30 Million Penalty According to a court document filed […] дальше »
2023-6-24 01:00 | |
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Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why
A leading Nevada-based digital assets custodian, Prime Trust, received a cease and desist order from state regulators on Thursday, June 22. This happened after the crypto custodian failed to satisfy customer withdrawal requests on June 21. дальше »
2023-6-23 18:00 | |
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Twitter Halts AI Bot Connected to Memecoin Following Elon Musk’s Accusation of ‘Fraudulent Cryptocurrency’
AI Bot Tied to Memecoin Shut Down by Twitter Following Elon Musk’s Accusations of a “Deceptive Cryptocurrency” The Twitter account known as “Explain This Bob,” which utilized artificial intelligence and had connections to a memecoin, has been suspended after Elon Musk labeled it a “fraudulent crypto account. дальше »
2023-6-19 12:37 | |
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New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. дальше »
2023-6-15 18:34 | |
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Crypto is losing touch with institutional cash
Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions The macro picture and scandals across the space last year have also contributed, writes our Head of Research, Dan Ashmore […] The post Crypto is losing touch with institutional cash appeared first on CoinJournal. дальше »
2023-6-14 18:40 | |
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Ooki DAO Ordered to Shutter Website, Pay $643,000 Fine Following Landmark CFTC Battle
The court ordered Ooki DAO to pay a civil monetary penalty of $643,542. It permanently banned the DAO from trading and registering and ruled that it must shut down its website and remove its content from the internet. дальше »
2023-6-10 14:15 | |
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Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns
Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […] дальше »
2023-6-10 22:00 | |
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American investment bank TD Cowen closes crypto unit
TD Cowen to shut down its crypto unit a year after launching. The closure of Cowen Digital marks the second institutional crypto client unit to shut down within a week. American investment bThe post American investment bank TD Cowen closes crypto unit appeared first on AMBCrypto. дальше »
2023-6-1 13:30 | |
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Unbanked Forced to Shut Down Amid Regulatory Challenges and Funding Woes
Crypto-focused financial services provider Unbanked has announced that it has been forced to shut down. Its UNBK token is down 85%. The post Unbanked Forced to Shut Down Amid Regulatory Challenges and Funding Woes appeared first on BeInCrypto. дальше »
2023-5-26 09:46 | |
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Virgin Orbit Shuts Down Operations and Divests Assets Following April Bankruptcy
Coinspeaker Virgin Orbit Shuts Down Operations and Divests Assets Following April Bankruptcy Aerospace spinoff Virgin Orbit recently shut down, ending six years of operation after failing to secure a funding lifeline. дальше »
2023-5-24 12:22 | |
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Crypto exchange Hotbit shuts down following criminal investigation
Crypto exchange Hotbit has shut down its trading platform nine months after facing a criminal investigation. The exchange blamed changing trends in the crypto industry for its decision. On 2The post Crypto exchange Hotbit shuts down following criminal investigation appeared first on AMBCrypto. дальше »
2023-5-23 17:15 | |
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Crypto lender Nexo shuts down 2 UK-based subsidiaries
London-based crypto lender Nexo (NEXO) has shut down two of its subsidiaries located in the U. K. on May 11, Bloomberg News reported. The lender is also going under an investigation in Bulgaria for allegedly being involved in an organized crime scheme, the Bloomberg article noted. дальше »
2023-5-12 19:47 | |
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189 crypto firms shut down following Estonia's recent regulations
Hundreds of virtual asset service providers in Estonia have shut shop following recent amendments in financial regulations. Estonia's Financial Intelligence Unit identified several lapses in coThe post 189 crypto firms shut down following Estonia's recent regulations appeared first on AMBCrypto. дальше »
2023-5-9 15:00 | |
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Blockchain Firm Everledger Closes Down Amid Funding Woes
The supply-chain-focused startup Everledger shut down its shop as the funds were running dry. Australian government and Tencent were some of its notable investors. The post Blockchain Firm Everledger Closes Down Amid Funding Woes appeared first on BeInCrypto. дальше »
2023-5-9 19:00 | |
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Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside
Voyager Digital to self-liquidate its assets after failing to reach a deal. Voyager's customers will receive an initial recovery of 36% of their crypto holdings. According to Voyager DigThe post Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside appeared first on AMBCrypto. дальше »
2023-5-6 14:30 | |
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zkLink Announces First “Dunkirk Test” to Establish New DeFi Safety Standard
zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first “Dunkirk Test”, a new DeFi safety standard, on May 11-13. During this event, zkLink will shut down its servers for 72 hours, inviting users to try the emergency asset recovery feature, and earn rewards for taking part in the test. дальше »
2023-5-3 04:00 | |
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Law enforcement agencies seize dark-web market amid crackdown on illicit crypto transactions
Law enforcement agencies around the world recently seized and shut down an illegal dark web marketplace called Monopoly Market as part of efforts to crack down on illicit cryptocurrency transactions, according to a May 2 Europol press release. дальше »
2023-5-3 22:05 | |
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Binance to again set foot in Japan via an acquired exchange
Binance re-enters Japan with the acquisition of crypto trading platform SEBC. Binance shut its Japanese operations in 2018 after regulators warned it was operating without approval. AccordinThe post Binance to again set foot in Japan via an acquired exchange appeared first on AMBCrypto. дальше »
2023-4-29 14:30 | |
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Luno exits Singapore amid growing scrutiny, Babel extends creditor protection
Luno, a leading crypto exchange owned by the beleaguered Digital Currency Group, has shut down its operations in Singapore amid growing scrutiny surrounding the crypto industry. Despite the tightening regulations, bankrupt lender Babel has successfully extended its bankruptcy protection within… дальше »
2023-4-18 13:29 | |
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SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ
The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation. дальше »
2023-4-17 15:43 | |
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Binance to Shut Down its Australian Derivatives Services
Binances Australian financial services license is being terminated, meaning that Australian residents will no longer be able to open derivatives positions on the exchange. 104 Users Impacted Binance has its... дальше »
2023-4-7 19:46 | |
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Peer-to-peer crypto exchange Paxful to suspend operations
Paxful will temporarily halt operations. The exchange’s CEO however stated that they are not sure if it will resume operations. This is the second peer-to-peer crypto exchange to shut down. дальше »
2023-4-5 19:47 | |
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Crypto Investment Schemes Shut Down As DOJ Seizes $112 Million
Crypto enthusiasts, rejoice! The US Department of Justice (DOJ) has struck a massive blow to fraudulent cryptocurrency investment schemes, seizing a whopping $112 million in virtual currency. According to the DOJ’s official statement, the agency has successfully put an end to these illicit activities and saved countless individuals from losing their hard-earned money. This news […] дальше »
2023-4-4 13:00 | |
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Bittrex to shut down US operations, cites regulatory challenges
Bittrex, one of the oldest cryptocurrency exchanges in the United States, stated on Mar. 31 that it would be shutting down its operations owing to the "regulatory and economic climate" in the nation дальше »
2023-4-1 12:22 | |
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Crypto Exchange Bittrex to Wind Down U.S. Operations Next Month
Cryptocurrency exchange Bittrex will shut down its U.S. platform on April 30 after nine years of operation, the company announced on Friday. дальше »
2023-4-1 23:05 | |
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FDIC Gives Signature Bank’s Crypto Clients A Week to Shut Down Their Accounts
Crypto clients of collapsed lender Signature Bank have until April 5 to withdraw their money and close their accounts or risk losing it, the US Federal Deposit Insurance Corp (FDIC) has said. According to the regulator, the deposits in question were not part of the rescue deal arranged with Flagstar bank, a subsidiary of New […] дальше »
2023-3-31 14:14 | |
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Crypto Exchange Beaxy Shut Down After SEC Lawsuit
Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission (SEC) charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said. дальше »
2023-3-30 17:30 | |
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