Tag: shuts

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Syndicate Labs Shuts Down After Ethereum Rollup Market Shift

Syndicate Labs announced it is winding down after five years of developing onchain infrastructure for customizable Ethereum rollups and sequencers, citing a shrinking market...

DeFi App Legend Shuts Down After Missing Growth Targets

Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps...

Jack Mallers Shuts Down The Idea That Wall Street Is A Threat To Bitcoin

Bitcoin payments application Strike CEO Jack Mallers said that Wall Street’s growing involvement in Bitcoin poses no threat or conflict to the asset itself.“My...

Crypto Prices Drop On The Weekend As Iran Shuts Strait Of Hormuz Again

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market suffered a slight dip on Saturday, April 18th, after...

BTC falls back to $76,000 as Iran shuts Hormuz again

One of the biggest short squeezes of 2026 came and went in a single session.Bitcoin climbed to $78,000 late Friday, triggering $762 million in...

Foundation Shuts Down NFT Marketplace After Failed Sale

Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to...

Foundation NFT Marketplace Shuts Down Permanently After Failed Sale

The curated art platform says its infrastructure has already been spun down with no plans to come back online.Foundation, the Ethereum-based NFT marketplace, is...

Mercado Libre shuts down Mercado Coin, ending its loyalty-driven crypto experiment

E-commerce giant Mercado Libre (MELI) is pulling the plug on its homegrown cryptocurrency, Mercado Coin, nearly four years after introducing it to boost customer...

Balancer Labs Shuts Down, Protocol to Continue

Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with...

‘Gensler and Biden were just better for crypto,’ says Tally CEO as DAO governance platform shuts down

The CEO of crypto's largest Decentralized Autonomous Organization (DAO) governance platform says the Biden administration was better for his industry than its successor —...

Step Finance shuts operations after $27 million January hack

Decentralized finance (DeFi) portfolio tracker Step Finance said it will wind down operations effective immediately.The Solana-based platform was subject to a hack at the...

Step Finance Shuts Down After $27 Million Hack

Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable. Solana...