Cryptocurrency Analysis and News Portal
The city of Niagara Falls in New York state, which has been the epicenter of a fight over bitcoin (BTC) mining and its impact on local environments and communities, ordered miner Blockfusion to shut down its operations citing violations to the city's zoning code. Original Source
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Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped citing problems and scams. Source
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In light of the recent ban on crypto mixing tool Tornado Cash and the subsequent arrest of the Tornado Cash developer, there has been a growing debate over whether crypto services providers would choose decentralization or censorship as form of compliance.The question has become more prominent as Ethereum is moving
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Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.The United States-based crypto trading firm Coinbase officially announced on June 22 that it will start sunsetting Coinbase Pro to migrate all advanced trading services into one
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Huobi’s Thailand unit is set to wind down operations by July 1, after its operating license was revoked by the Thai Securities and Exchanges Commission (SEC).The Thai SEC revoked Huobi’s license in May after it failed to comply with the local regulations. The permanent closure orders come nearly eight months
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Operators of the alleged scam promised investors their funds would be used to build a functioning casino and entertainment facility in the Sandbox metaverse. The plans included “a virtual stadium for virtual games and concerts, a virtual hotel, a virtual movie theater, a virtual bowling alley … [and] a virtual
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The marketplace's bitcoin privacy mixer complicated the investigation, police said. Source
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The watchdog has warned that any crypto ATMs operating in the country are illegal and must be shut down. Original Source
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On Sunday, Hayden Adams, CEO and founder of popular decentralized exchange, or DEX, Uniswap (UNI), claimed that his JP Morgan Chase bank accounts were shut down with no explanation. In addition, Adams stated that the incident was personal in nature as he knew "many individuals and companies who have been
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Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 to recharge after “long days and long weeks” of intense work.In a Monday blog post, Coinbase chief people officer L.J. Brock said “nearly the entire company will shut down” for four separate weeks
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