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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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Silvergate to submit shutdown plan in coming days after Federal Reserve order
The Federal Reserve Board said June 1 that it issued a consent order to the crypto-friendly bank Silvergate, instructing it to wind down operations. Must protect depositors Silvergate Capital Corporation and Silvergate Bank must submit a shutdown plan to supervising agencies within ten days of the June 1 order. дальше »
2023-6-2 01:04 | |
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Bybit Exits Canada as Regulations Prove a Double-Edged Sword
New securities rules force Bybit to wind down its Canadian operations by the end of September The post Bybit Exits Canada as Regulations Prove a Double-Edged Sword appeared first on BeInCrypto. дальше »
2023-6-1 18:45 | |
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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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Digital Currency Group to shutter institutional trading unit TradeBlock
Starting May 31, TradeBlock will commence the official procedure of winding down its operations.
дальше »2023-5-26 01:25 | |
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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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Hotbit suspends operations, citing unfavorable market conditions
Сrypto exchange Hotbit is shutting down due to unfavorable market trends and deteriorating operating conditions, making it impossible to remain in business. Hotbit users are advised to withdraw their assets from the platform before June 21. Hotbit, a Hong Kong-based… дальше »
2023-5-22 13:32 | |
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Malaysia accuses Huobi of operating unregistered crypto exchange
The Malaysian Securities Exchange (SC) has hammered down crypto exchange Huobi for allegedly failing to register correctly. Huobi has been urged to cease operations in the region entirely. Having put the Huobi crypto exchange on its “Investor Alert List” since… дальше »
2023-5-22 12:37 | |
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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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Silvergate Bank to cut 230 staff as it winds down
Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. дальше »
2023-5-12 22:47 | |
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Bittrex, a prominent cryptocurrency exchange based in the United States, has filed for bankruptcy in the state of Delaware.
Bittrex, a cryptocurrency exchange, has filed for bankruptcy in Delaware, marking its departure from the U. S. This move comes after the company announced its intention to wind down operations in the country and amidst a lawsuit filed by the Securities and Exchange Commission (SEC). дальше »
2023-5-10 18:24 | |
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This crypto exchange files for bankruptcy days after SEC lawsuit
Bittrex filed for Chapter 11 bankruptcy days after shutting down operations in the US The announcement follows the SEC's lawsuit against the exchange, which claimed a lack of registration CrThe post This crypto exchange files for bankruptcy days after SEC lawsuit appeared first on AMBCrypto. дальше »
2023-5-9 01:45 | |
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U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware
Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission. дальше »
2023-5-9 00:38 | |
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UK FCA cracks down on unregistered crypto ATMs yet again
UK FCA targeted locations suspected of operating unlicensed crypto ATMs. The enforcement action followed similar recent operations in East London and Leeds. The Financial Conduct Authority (The post UK FCA cracks down on unregistered crypto ATMs yet again appeared first on AMBCrypto. дальше »
2023-5-6 13:30 | |
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Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US. дальше »
2023-5-6 00:36 | |
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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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DYDX Tumbles 5% As Ethereum-Based DEX Wind Down Operations
Ethereum-based decentralized finance (DeFi) protocol dYdX is closing operations in Canada. According to an official announcement, users in this country will be unable to open new accounts starting today, April 7th, at 17:00 UTC. дальше »
2023-4-8 23:00 | |
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BNB Remains Under Pressure As Regulators Crack Down On Binance
BNB, the native currency of the Binance ecosystem, remains under pressure as regulators continue questioning the exchange’s operations and compliance with local laws. BNB Falls 10% From March 2023 High After rising nearly 60% from December to March 2023, reaching as high as $345, BNB is down roughly 10% in the last trading day. дальше »
2023-4-6 18:00 | |
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Regulation Kills off Another Exchange as Paxful Shutters
The regulatory challenges in the US have killed yet another crypto exchange, Paxful. The CEO announced the shutting down of operations. The post Regulation Kills off Another Exchange as Paxful Shutters appeared first on BeInCrypto. дальше »
2023-4-5 21:15 | |
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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 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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Crypto Exchange Bittrex Closes Down U.S. Operations
Popular cryptocurrency trading platform, Bittrex, has announced it will be ceasing operations in the United States beginning from next month. According to a post via their official Twitter handle, Bittrex states that this move comes as a result of the ongoing regulatory uncertainty surrounding the U. дальше »
2023-4-1 13:39 | |
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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 operations in the US
The exchange shared that all customer funds are safe but advised U.S. customers to withdraw their funds by April 30, 2023.
дальше »2023-4-2 00:23 | |
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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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VORB Stock Down 50% in Pre-market, Virgin Orbit Plans to Halt Operations
Coinspeaker VORB Stock Down 50% in Pre-market, Virgin Orbit Plans to Halt Operations News of the operations halt, failed funding, and job cuts did not sit well with shareholders as Virgin Orbit saw its shares are down 50% after the announcement. дальше »
2023-3-31 13:18 | |
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SEC Strikes Again, Shutting Down Crypto Exchange With Immediate Effect
The US Securities and Exchange Commission (SEC) filed a lawsuit against the Beaxy exchange, shutting down its operations. The post SEC Strikes Again, Shutting Down Crypto Exchange With Immediate Effect appeared first on BeInCrypto. дальше »
2023-3-30 19:43 | |
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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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Hard Times For SpankPay: Sex Worker-Led Crypto Payment Platform Forced To Close Shop
Crypto payment platform SpankPay shut down operations following a breakup with its key partner, payment infrastructure company Wyre. Via their official Twitter handle, the team behind the platform claims that Wyre walked out of their partnership on purpose. дальше »
2023-3-22 02:00 | |
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Circle applies for French license as it doubles down on Europe
Circle, issuer of USDC and EUROC, applies for regulatory approvals in France to expand operations in Europe, becoming first to receive DASP authorization. дальше »
2023-3-22 21:06 | |
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OKX plans to wind down business in Canada
OKX exchange, on March 20, announced that it would be winding down operations in Canada. The firm cited new rules that the CSA imposed as the reason to the temporary action. дальше »
2023-3-20 21:32 | |
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Hedera: As chain returns online, HBAR continues its journey down south
Following a period of downtime, Hedera has resumed operations. HBAR suffers a liquidity exit that has driven its price down. Following several hours of downtime on 10 March due to an exploitThe post Hedera: As chain returns online, HBAR continues its journey down south appeared first on AMBCrypto. дальше »
2023-3-13 22:30 | |
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Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector
Quick Take Bitcoin lost $21,000 as support and is over 5% down today This comes after news of Silvergate halting operations. The post Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector appeared first on CryptoSlate. дальше »
2023-3-10 22:58 | |
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Binance and Coinbase claim zero exposure to Silvergate collapse
Binance, Coinbase, and OKX have declared that they have no investment exposure to the embattled Silvergate Capital. The crypto-friendly lender has announced its winding down operations. дальше »
2023-3-9 19:49 | |
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Bitcoin Dealt Another Round Of Blows, Is The Bear Market Back?
In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. дальше »
2023-3-10 16:30 | |
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Silvergate shares tumble after company says it’s shutting down crypto bank
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in trouble since late 2022 following the collapse of crypto exchange FTX. дальше »
2023-3-9 16:26 | |
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Silvergate to wind down operations and liquidate the bank
Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. дальше »
2023-3-9 13:42 | |
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Crypto Options Market Flashes Bitcoin Warning as Silvergate Winds Down Operations
Bitcoin's options skew favors bearish put options by the most in two months. дальше »
2023-3-10 13:26 | |
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