shut down – DIGIT INFO

Inferno Drainer says it’s shutting down after helping steal $70M in crypto

DIGIT — Sun, 26 Nov 2023 23:58:00 +0000

“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer.

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Solana-based Clockwork to shutter citing ‘limited commercial upside’

DIGIT — Tue, 29 Aug 2023 01:34:31 +0000

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital.

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Thailand threatens Facebook over crypto scams and other fraudulent ads

DIGIT — Tue, 22 Aug 2023 01:25:04 +0000

Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams.

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Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

DIGIT — Thu, 04 May 2023 05:54:57 +0000

The service allows users to borrow up to $1 million with no credit check, provided they post Bitcoin as collateral.

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Breaking: Signature Bank closed by New York banking authorities

DIGIT — Sun, 12 Mar 2023 22:49:58 +0000

The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement.

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Crypto Exchange Bitzlato Restores Access to User Funds

DIGIT — Fri, 03 Mar 2023 12:30:18 +0000

Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money. Bitzlato Allows Withdrawals After Staying Offline for Weeks Users who […]

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Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet

DIGIT — Mon, 13 Feb 2023 08:53:23 +0000

Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move.

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Nexo shutters US Earn product a month after settling with regulators

DIGIT — Mon, 13 Feb 2023 00:59:39 +0000

The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.

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Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

DIGIT — Sat, 14 May 2022 20:30:33 +0000

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues Crackdown on Unlicensed Cryptocurrency Mining Iranian officials have unplugged and […]

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Defunct File-Sharing Platform Limewire Plans a Comeback, NFT Marketplace and Token on the Horizon

DIGIT — Wed, 09 Mar 2022 18:00:11 +0000

The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans to Return With an NFT Marketplace Platform Limewire plans to return from the […]

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