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Regulation
$89,500,000,000 Asset Manager To Shut Down Bitcoin Futures Exchange-Traded Fund Days After Approval of Spot ETFs
A financial services giant with nearly $90 billion in assets under its management is shutting down its futures Bitcoin (BTC)…
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Analysis
Crypto Casino Behind Token That’s Exploded Over 400% in Three Months To Shut Down Trading Platform
A crypto casino that has seen its native asset skyrocket by over 400% in the last three months is shutting…
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NFT
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
The NFT startup Recur said on Friday that its Web3 platform is winding down—unable to weather the chills of crypto…
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NFT
Nifty to Shut Down Immediately, Cites Financial Struggles
In a somber announcement, Nifty’s, a platform dedicated to Web3 creators, has declared the winding down of its operations. The…
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Analysis
Crypto Payments Firm Wyre To Shut Down After a Decade in Business, Citing Market Conditions
A crypto payments service says that it is shuttering its doors after being in the business for 10 years, citing…
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Regulation
Plans for 30% Tax on Bitcoin Mining Shut Down in New Debt Deal: Senator Warren Davidson
Negotiations over the new debt deal squashed the Biden Administration’s plan to phase in a 30% tax on the electricity…
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NFT
Fractional NFT project Tessera to shut down amid challenging crypto market
NFT Fractional NFT project Tessera and its sister project Escher will shut down over the coming weeks, after the Paradigm-backed…
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Altcoins
Authorities shut down Bitcoin mixer ChipMixer, seize $46.6M
Authorities have seized and taken down the website of ChipMixer The crypto mixer was used to launder funds stolen from…
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Regulation
US regulators shut down Signature Bank despite ‘no insolvency’: Report
Barney Frank, a former member of the United States House of Representatives, has reportedly suggested that New York regulators closed…
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Regulation
Silicon Valley Bank’s UK branch shut down by Bank of England
The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s United Kingdom branch (SVB U.K.), stating that…
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