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$1.2B Social App Closes Shop: 95% of Users Were Fake
Social app IRL shuts down after discovering 95% of its users were bots, despite raising over $197 million and achieving a $1.2 billion valuation. The post $1.2B Social App Closes Shop: 95% of Users Were Fake appeared first on BeInCrypto. дальше »
2023-6-27 16:30 | |
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Crypto payments platform Wyre shuts shop due to crypto winter
The firm stated that its decision has got nothing to do with the recent regulatory enforcement actions. Customers can withdraw their assets through Wyre's dashboard until 14 July. Crypto payThe post Crypto payments platform Wyre shuts shop due to crypto winter appeared first on AMBCrypto. дальше »
2023-6-17 13:30 | |
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Crypto Payments Firm Wyre Shuts Down After Uncertain Months
After months of uncertainty, the crypto payments firm Wyre has announced that it is shutting down and will begin selling its assets. The post Crypto Payments Firm Wyre Shuts Down After Uncertain Months appeared first on BeInCrypto. дальше »
2023-6-17 13:25 | |
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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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US investment bank Cowen shuts crypto trading unit
Cowen Inc. has indefinitely suspended its digital assets trading unit. The bank’s digital asset service exposed institutional investors to 16 cryptocurrencies, including bitcoin (BTC) and ether (ETH). дальше »
2023-6-1 16:01 | |
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Crypto fintech Unbanked shuts down amid US regulatory hurdle
Unbanked, a crypto fintech firm specializing in crypto custody and payments services, has made the difficult decision to close its operations, citing a harsh regulatory environment for cryptocurrencies in the United States. дальше »
2023-5-26 11:28 | |
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Unbanked shuts down crypto services, says US regulations prevented fundraising
Unbanked, a cryptocurrency card and trading platform, said May 25 that it would be winding down its services due to harsh U. S. regulations. Regulations affected funding Unbanked cited regulations as the primary reason for its shutdown. дальше »
2023-5-26 03:30 | |
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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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Bitcoin of America shuts ATMs in Connecticut following scam concerns
Bitcoin of America has agreed with the Connecticut Department of Banking to cease operations due to lack of licensing. During September 2022- March 2023, net crypto ATM installations fell for fThe post Bitcoin of America shuts ATMs in Connecticut following scam concerns appeared first on AMBCrypto. дальше »
2023-5-23 14:30 | |
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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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Hotbit shuts down as cyber attacks, crypto crises weaken its operations
Crypto exchange Hotbit said it would halt all operations on May 22 by 04:00 UTC, advising its users to withdraw their assets before June 21. Why Hotbit is shuttering operations In a May 22 statement, Hotbit explained that centralized exchanges had witnessed a continuous outflow of funds following the several crises that hit the crypto […] The post Hotbit shuts down as cyber attacks, crypto crises weaken its operations appeared first on CryptoSlate. дальше »
2023-5-22 12:33 | |
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Binance Shuts Down Services in Canada Amid Regulatory Challenges
Binance is withdrawing from the Canadian market, citing new regulatory guidelines that prohibit the crypto exchange from selling stablecoins. The post Binance Shuts Down Services in Canada Amid Regulatory Challenges appeared first on BeInCrypto. дальше »
2023-5-13 12:45 | |
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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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Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30.
дальше »2023-4-14 11:56 | |
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This Week in Crypto: Twitter Turns to Dogecoin, Paxful Shuts Down, and USD Losing Traction
Crypto news: We bring you a roundup of what’s been happening in crypto this week. Elon Musk’s Doge drama was the talk of the town this week, along with the arrest of former President Donald Trump. дальше »
2023-4-7 16:29 | |
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Crypto Market Forecast: Week of April 3rd 2023
A curated weekly summary of forward-focused crypto news that matters. This week, A global de-dollarization movement boosts the appeal of crypto, fear of further bank insolvencies continues and Bittrex shuts down its US operations. дальше »
2023-4-3 15:01 | |
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Crypto Community In Shock As Bittrex Exchange Shuts Down U.S. Operations
The crypto community has been taken aback by the news of Bittrex winding down operations in the United States. дальше »2023-4-2 00:46 | |
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Venezuela shuts down crypto mining facilities, exchanges amid corruption probe
According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department. дальше »
2023-3-26 21:26 | |
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Crypto Payment Platform Shuts Down Due to Issues In Banking System
The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure of 3 crypto-friendly banks; Silvergate, Silicon Valley, and Signature. дальше »
2023-3-22 23:00 | |
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SpankPay closes operations as service provider Wyre shuts account
SpankPay is closing its crypto payment processor after losing its payment service provider, Wyre. SpankPay assisted adult entertainers and merchants in accepting cryptocurrency for their servicThe post SpankPay closes operations as service provider Wyre shuts account appeared first on AMBCrypto. дальше »
2023-3-21 16:00 | |
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DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering
The United States Department of Justice (DOJ) has shut down the Bitcoin mixing service ChipMixer, as announced in a statement on March 15. The post DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering appeared first on CryptoSlate. дальше »
2023-3-16 22:58 | |
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Crypto Winter Claims Another Scalp as Blockchain.com Shuts Asset Management Arm
Blockchain.com has decided to sunset its 11-month-old asset management arm, another victim of crypto winter. The post Crypto Winter Claims Another Scalp as Blockchain.com Shuts Asset Management Arm appeared first on BeInCrypto. дальше »
2023-3-11 16:00 | |
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Crypto phishing scammer Monkey Drainer shuts down services
According to a Telegram post on its channel, notorious crypto scammer Monkey Drainer shut down its services on February 28. The post Crypto phishing scammer Monkey Drainer shuts down services appeared first on CryptoSlate. дальше »
2023-3-2 15:45 | |
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Solana Spaces to shut down NYC and Miami stores
Solana Spaces shuts stores seven months after opening its first physical location. However, the company has already made plans to continue engaging with the community. Solana Spaces, the WebThe post Solana Spaces to shut down NYC and Miami stores appeared first on AMBCrypto. дальше »
2023-2-22 20:00 | |
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Galois Hedge Fund Shuts Operations After Losing to FTX Collapse: Report
The Galois Capital hedge fund is the latest casualty of the FTX demise. According to FT, it has chosen to shut down and repay investor funds. The post Galois Hedge Fund Shuts Operations After Losing to FTX Collapse: Report appeared first on BeInCrypto. дальше »
2023-2-20 13:00 | |
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Crypto hedge fund Galois shuts down following exposure to FTX
Galois has halted all trading after losing $40 million to FTX. The hedge fund has become the latest entity to be negatively affected by FTX’s collapse. The company said it would take a few years to recover some of its funds. дальше »
2023-2-20 11:46 | |
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Galois Capital shuts down in aftermath of FTX collapse
Galois Capital has moved to shut down its hedge fund operations following a $40 million loss resulting from the FTX collapse, according to the Financial Times (FT). The post Galois Capital shuts down in aftermath of FTX collapse appeared first on CryptoSlate. дальше »
2023-2-20 11:35 | |
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Microsoft Follows Suit With Meta, Shuts Down Metaverse Team
Microsoft has let go of its 100-person industrial metaverse team, which was dedicated to developing metaverse technology for industrial use. The post Microsoft Follows Suit With Meta, Shuts Down Metaverse Team appeared first on BeInCrypto. дальше »
2023-2-10 11:23 | |
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LocalBitcoins shuts down after decade of P2P trading
After a decade of providing bitcoin trading and wallet services, LocalBitcoins has announced its shutdown. дальше »
2023-2-10 19:05 | |
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Kraken shuts down Abu Dhabi office, suspends support for AED
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition. дальше »
2023-2-3 20:30 | |
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Solana-based crypto lender Everlend Finance shuts down app
Everlend Finance has closed down its lending app. Users have been advised to withdraw their assets. The crypto lender has blamed the current liquidity crunch in the market for the shutdown. Everlend Finance a DeFi lending protocol built on Solana (SOL/USD) has announced the closure of its lending platform citing a liquidity crunch. дальше »
2023-2-2 16:43 | |
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Social Token Platform ‘Rally’ Shuts Down Sidechain, Native Token RLY Plunges 10%
Social token platform ‘Rally’ announced on January 31 the shutdown of its sidechain blockchain network, meaning that users would not be able to access non-fungible tokens (NFTs) on its sidechain. дальше »
2023-2-1 19:00 | |
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