Search Results for “shut down”

Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

July 22, 2022 admin Alibaba, ban, China, chinese, Crackdown, Digital Collectibles, Huanhe, News, nft, nft platform, NFTs, Non-fungible tokens, restrictions, Selling, tencent, Tokens, trading, WeChat

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The

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Gavin Andresen Publishes Theory of Possible Crypto Future: Whales Shut Down the BTC Network in the Year 2100

September 24, 2021 admin Bitcoin, Bitcoin (BTC), Bitcoin network, Bitcoin on Ethereum, Blog Post, BTC on ETH, Competitors, Cross-chain, debate, discussion, Dune Analytics, Featured, Gavin Andresen, Help BTC scale, John Carvalho, John Light, Mike Hearn, Multi-Chain, Satoshi Nakamoto, sidechains, Theoretical, Whales, Whales Shut Down, Year 2066, Year 2100

On September 21, former Bitcoin developer Gavin Andresen published an interesting blog post about “a possible [Bitcoin] future.” The blog

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FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea

September 14, 2021 admin closure, Exchanges, FSC, kimchi coins, News, regulatory overhaul, South Korea

A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

June 18, 2021 admin Antpool, Bitcoin China, Bitcoin mining, BTC.com, China, China Bitcoin, Chinese Government, chinese miners, Colin ‘Wu’ Blockchain, F2Pool, Mining Regulation, News, Poolin, Regulation, Sichuan Energy Regulatory Office, Sichuan miners, sichuan province, ViaBTC, Xinjiang region

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until

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China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down

June 10, 2021 admin Ban Bitcoin Mining, Ban Mining, beijing, Bitcoin Miners, Bitcoin mining, BTC miners, BTC Mining, China, China ban, China Mining, chinese miners, Colin ‘Wu’ Blockchain, Inner Mongolia, Mining, Qinghai, Qinghai Province, sichuan, sichuan province, Xinjiang

Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another

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China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year

March 2, 2021April 21, 2021 admin Cambridge University's Bitcoin Electricity Consumption Index, China, Crypto mining closure, Energy Consumption, Energy intensity, Inner Mongolia, Mining, sichuan province, UN climate treaty, Xinjiang province

Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area

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Kazakhstan Shuts Down Over 100 Crypto Mining Farms

March 16, 2022 admin Coins, Crackdown, Crypto, crypto farms, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, inspections, inspectors, Kazakhstan, Miners, Mining, mining farms, Regulation, Regulations, regulator, Regulators, watchdog

More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector.

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US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust

August 8, 2021 admin decentralized finance, defi bust, defi executives, defi platform, Regulation, SEC, sec action against defi, sec closed down defi, sec defi, sec defi bust, sec enforcement action, sec shuts down defi, sec takes action against defi

The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has

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Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

March 14, 2023 admin asset-liability management, backstopping liquidity facility, Bank Term Funding Program, banking failures, base case, capital, Challenges, credit rating agency, deposit runs, depositors, Downgrade, earnings, FDIC, Fed Chair, Funding, Goldman Sachs, inflation, interest rates, investor confidence, Investors Service, Janet Yellen, jerome powell, Liquidity, market participants, Monetary Tightening, Moody's, Moody's Credit, News, pressures, receivership, reduced earnings, rising deposit costs, Signature Bank, Silicon Valley Bank, Silvergate Bank, Treasury Secretary, U.S banks, U.S. banking system, U.S. Federal Reserve, Washington Mutual

After the failure of three major U.S. banks last week, with two of them being the second and third largest

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Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation

February 11, 2023 admin American people, Balance, Centralized Exchange, Chairman Gary Gensler, Crackdown, crypto world, Cryptocurrency, custodial service, Decentralization, DEX, Digital Assets, increased security, Innovation, keys, Kraken, LP tokens, Network Security, noncustodial solutions, noncustodial yield farming, Op-Ed, overregulation, Ownership, powers that be, Profitability, Regulation, Rewards, Scalability, SEC, Security, staking, staking program, ultimate control, Verse Farms, voices, Web3 wallet

The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.