Category: Shut
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Singaporean Exchange Fairdesk Announces Plan To Shut Down
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Singaporean cryptocurrency exchange Fairdesk has revealed plans to scale back its operations next month. This step comes as a surprise, as there were no prior indications of difficulties facing the platform. However, it is in line with the broader trend of exchanges closing amid increasingly stringent crypto regulations imposed by…
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Singaporean Exchange Fairdesk Announces Plan To Shut Down
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Singaporean cryptocurrency exchange Fairdesk has revealed plans to scale back its operations next month. This step comes as a surprise, as there were no prior indications of difficulties facing the platform. However, it is in line with the broader trend of exchanges closing amid increasingly stringent crypto regulations imposed by…
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Gemini Exchange To Shut Down Canadian Accounts, Users Given 90-Day To Withdraw Funds
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Photo: econotimes.com The cryptocurrency scene in Canada has seen its ups and downs, as major players like Gemini, OKX, dYdX, Paxos, Bybit, and Binance bid farewell to the market. These companies are leaving because the Canadian Securities Administrators (CSA) have tightened the rules for cryptocurrency trading platforms making it difficult…
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Gemini Exchange To Shut Down Canadian Accounts, Users Given 90-Day To Withdraw Funds
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Photo: econotimes.com The cryptocurrency scene in Canada has seen its ups and downs, as major players like Gemini, OKX, dYdX, Paxos, Bybit, and Binance bid farewell to the market. These companies are leaving because the Canadian Securities Administrators (CSA) have tightened the rules for cryptocurrency trading platforms making it difficult…
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Mobileye to shut down lidar R&D hitting 100 jobs
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Israeli company Mobily International Company MBLY (Nasdaq: MBLY) announced that it has halted internal development of a new generation of frequency-modulated continuous wave (FMCW) sensors for use in highly autonomous and automated driving systems. The company said the move is part of its regular review of its long-term technology strategy.…
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Canada’s CN Rail, CPKC shut freight network after impasse over union talks By Reuters
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Written by Jahnavi Nidumulu and Abhinav Parmar (Reuters) – Canadian National Railway (CN) and Canadian Pacific Kansas City-based CPKC shut down its railroads nationwide on Thursday, laying off about 10,000 workers after failed negotiations with a major labor union. The decision, confirmed by the Teamsters Union, paves the way for…
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U.S. Coast Guard says hurricane may shut oil ports By Reuters
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By Erwin Seba HOUSTON (Reuters) – The U.S. Coast Guard warned on Monday that ports from Corpus Christi to Houston, Texas, could be closed due to Hurricane Beryl, which is expected to make landfall by Monday morning south of Port Lavaca. Closing the ports could temporarily halt shipments of crude…
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BlockFi To Shut Down Web Platform, Partners With Coinbase For Fund Distribution
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The cryptocurrency lending and borrowing scene has faced significant turmoil in recent years, with several prominent players such as Celsius, Voyager Digital, and Genesis collapsing. Amid this turbulent environment, BlockFi, a thriving name among cryptocurrency lending platforms, announced its intention to shut down its web platform and partner with leading…
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BlockFi To Shut Down Web Platform, Partners With Coinbase For Fund Distribution
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The cryptocurrency lending and borrowing scene has faced significant turmoil in recent years, with several prominent players such as Celsius, Voyager Digital, and Genesis collapsing. Amid this turbulent environment, BlockFi, a thriving name among cryptocurrency lending platforms, announced its intention to shut down its web platform and partner with leading…