Cryptocurrency Analysis and News Portal
Rockstar Games temporarily shuts down the servers of two of its online games, Grand Theft Auto Online and Red Dead Online, to honor the legacy of George Floyd. The games were unavailable for two hours Thursday at a time that coincided with George Floyd’s memorial. The decision drew ire from players who
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Sparkswap, a decentralized exchange backed by Pantera Capital, announced it is shutting down on March 17. The exchange cited a weak user base as the catalyst for its decision to cease operations.The platform has shut its doors to new customers and will put an end to all trading services
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Decentralized finance project Paradigm Labs — backed by veteran crypto investors Polychain Capital, Dragonfly Capital, and Chapter One Ventures — is shutting down.In an announcement yesterday, March 10, CEO and co-founder Liam Kovatch said the closure was due to Paradigm’s “failure to carve a viable niche in the DEX
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Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the
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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)
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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
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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
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Bottle Pay, a cryptocurrency payment service startup, announced on December 13th that it will be ceasing its operations from the 31st of December onwards, in a blog post.The company explains that the reason for deciding to end all activities of the company by stating that since it is a UK-based
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“The amount and type of extra personal information we would be required to collect from our users would alter the current user experience so radically, and so negatively, that we are not willing to force this onto our community,” the company said in a statement, adding the team never charged
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Huobi’s U.S. cryptocurrency exchange platform, HBUS, has announced that the company will be ceasing its operations. In a notice posted on Huobi’s official website, the company states that HBUS will need to close all of its operations in order to return with a more impact in accordance with the company’s
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