shutdown – DIGIT INFO

Shut It Down — AI Exposes Hidden Pork in Congress’s Controversial Spending Package

DIGIT — Thu, 19 Dec 2024 15:40:12 +0000

According to reports, the U.S. government is teetering on the brink of yet another shutdown, with the funding deadline looming large on Dec. 20, 2024. The proposed funding bill has stirred up quite the controversy, packed as it is with what many call pork. The bill also sneakily tucks in a $70,000 salary bump for […]

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RMIT blockchain unit future in doubt after professor claims it has ‘shut down’

DIGIT — Fri, 22 Nov 2024 03:12:22 +0000

The Blockchain Innovation Hub at RMIT is hanging in the balance as discussions about its future and whether it should be shut down have started.

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3 reasons why Bitcoin price failed to break $37K

DIGIT — Wed, 15 Nov 2023 13:21:00 +0000

Bitcoin’s latest price pullback to $35,000 was driven by softer U.S. inflation, China’s economic challenges and regulatory uncertainties.

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THORSwap goes into ‘maintenance mode’ to counter illicit funds movement

DIGIT — Fri, 06 Oct 2023 09:00:11 +0000

THORSwap acknowledged the ongoing illicit use of the DEX and are acting to find a permanent block to the misuse.

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Here’s how Bitcoin investors can trade the tension surrounding a U.S. government shutdown

DIGIT — Tue, 03 Oct 2023 18:45:07 +0000

Rumors of a US government shutdown impact asset prices, including Bitcoin. Here’s how BTC options traders can capitalize on the 45 day funding deadline.

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Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

DIGIT — Fri, 29 Sep 2023 20:11:03 +0000

The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?

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Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance

DIGIT — Sat, 11 Mar 2023 02:35:05 +0000

Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS […]

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Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter

DIGIT — Thu, 09 Feb 2023 15:00:54 +0000

Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first […]

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Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions

DIGIT — Sat, 07 Jan 2023 21:30:21 +0000

Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto industry downturn and the “macroeconomic climate” as factors that have affected the company. On […]

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Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

DIGIT — Tue, 29 Nov 2022 21:00:44 +0000

Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital Asset Exchange Bitfront Suspends New Sign-ups Bitfront, a crypto exchange operating in the […]

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