Home > Shuts

Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible

An $8 million ICO project is shutting down, citing regulatory uncertainty and difficulties in onboarding new users.Content-sharing platform Contents Protocol announced Wednesday that following numerous attempts to turn its business into a success, the firm is closing down and refunding investors as much as $7.5 million-worth of the ether (ETH)

Read More

Italy’s Securities Regulator Shuts Down 8 Crypto Trading and Foreign Exchange Sites

Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on

Read More

Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests

Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues.On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020.According to the statement, Bitspark users will be able to withdraw their cryptocurrencies

Read More