Shuts Down Financial News

27.06 / 12:11

Odey AM shuts down more funds after soaring withdrawal requests

Odey Asset Management has closed two more funds amid rising redemption requests.

26.04 / 17:01

Digital CEO Matthews Shuts Down FTX Bankruptcy Claims Another Casualty: Web3 Video Game Storybook Brawl Shuts Down – Here's the Latest

At this point, one would have thought the FTX domino effect was over, but the latest report suggests the opposite.

14.04 / 09:33

Blockchain Technology defi Investments Nigerian crypto payment startup shuts down, offers IP for sale

Nigerian crypto and Web3 company Lazerpay announced on April 13 that it is shutting down its operations.

05.04 / 11:11

regulation wallet Trading Exchange Legal Paxful Shuts Down end Crypto Ecosystem Loses Another P2P Marketplace As Paxful Shuts Down – End of an Era?

The peer-to-peer cryptocurrency exchange Paxful has succumb to the relentless pressures of the ongoing crypto downturn.

04.04 / 03:47

Ethereum data Nodes Ethereum Archive Node service shuts down saying it ‘succeeded’

Ethereum mainnet Archive Node service, ArchiveNode.io, said it will be shutting down, claiming that the project has been a success.

25.03 / 21:53

business Mining Latin America Petro Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

Venezuela's energy supplier has shut down crypto mining facilities throughout the country as part of a reorganization of the national crypto department and ongoing corruption investigations involving the country's oil company.

11.03 / 21:33

Provident Binance Digital Citizens Platform Kazakhstan shuts down illegal crypto exchange, seizes $350,000

ABS Change, a platform illegally trading cryptocurrencies in Kazakhstan, has been identified and shut down, according to an update shared by the country’s Financial Monitoring Agency (FMA) on Telegram.

24.02 / 14:27

Lightning Network lightning Nodes Bitcoin Self Custody Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds

BlueWallet is sunsetting its lightning node connection to Lndhub.io according to an official statement. BlueWallet will cease custodial Lightning operations–meaning that BlueWallet users of the Bitcoin (BTC) Lightning Network must connect to nodes to continue using BlueWallet lighting services.

21.02 / 17:11

UPS Twitter FTX $200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened

Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets.

20.02 / 15:07

Crypto hedge fund Galois Capital shuts down, thanks to FTX collapse

Popular crypto hedge fund Galois Capital is closing shop after operating in the crypto space for six years. The fund announced earlier on 20 February that it was shutting down due to the loss it faced after the collapse of FTX last year.

02.02 / 21:49

business Middle east Kraken shuts down Abu Dhabi office: Report

Cryptocurrency exchange Kraken has reportedly closed its office in Abu Dhabi less than 12 months after receiving regulatory approval to operate in the region.

02.02 / 20:05

defi solana lending FTX Solana DeFi protocol Everlend shuts down over liquidity issues

Solana decentralized finance (DeFi) protocol Everlend Finance is closing down its operations and urging clients to withdraw funds from the platform.

30.01 / 09:31

business Blockchain transparency Shuts Down network Secret Network validator shuts down nodes after leadership turmoil

A major validator for the privacy smart contract layer-1 blockchain Secret Network has announced that it will no longer provide nodes and support for the network.

27.01 / 21:39

business defi solana lending Solana DeFi project Friktion shuts down its user platform

Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26.

04.01 / 05:53

business Court Bitcoin Core Scientific shuts down 37K mining rigs it was hosting for Celsius

Bankrupt cryptocurrency lender Celsius Network has agreed to let Bitcoin (BTC) miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius during the miner’s bankruptcy proceedings.

26.12 / 06:45

business Adoption Bitcoin Shuts Down Hashrate freeze Bitcoin hashrate recovers after big freeze shuts down miners

Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation's electricity grid — leading to a temporary drop in hashrate.

06.12 / 07:11

Blockchain Twitter Ripple XRP Ripple CTO shuts down ChatGPT's XRP conspiracy theory

Ripple’s chief technology officer has responded to a conspiracy theory fabricated by Artificial Intelligence (AI) tool ChatGPT, which alleges the XRP Ledger (XRPL) is somehow being secretly controlled by Ripple.

29.11 / 12:05

Crypto Exchange US, Bitcoin, Cryptocurrency: Crypto Exchange Bitfront Shuts Down

Bitfront said it has suspended new sign-ups and credit card payments as of Nov 28.(Representational)

29.11 / 10:19

cryptocurrency Crypto Exchange Crypto exchange Bitfront shuts down

Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.

28.11 / 13:15

business Bitcoin Line shuts down crypto exchange to focus on blockchain and LN token

The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter.

24.11 / 22:21

Blockchain Technology defi Cardano Leading Cardano stablecoin project shuts down after excruciating launch delays

On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing "funding and project timeline uncertainty." The project will remain open-source for builders while treasury balances and remaining funds will be held by Ardana Labs "until another competent dev team in the community comes forward to continue our work."

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