Shutdown

Social Token Project Rally Shuts Ethereum Sidechain, Stranding Users’ Crypto Assets
Rally blamed its sidechain’s demise on "macro headwinds."

Coinseed Shuts Down Following Lawsuit, Slams NYAG Letitia James
The company’s website now advertises an airdrop of the “F***LetitaJames” token.

Myanmar Military Blocks Facebook as Global Internet Disruptions Intensify
Internet disruptions are costly, but that doesn’t stop governments from shutting down access.

Internet Shutdowns Cost India $2.8B in 2020: Report
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.

Bitcoin Startup Purse to Shut Down After 6-Year Run
Bitcoin shopping startup Purse will shut down after six years in the space, according to an email sent to customers Thursday and confirmed by CoinDesk.

Crypto Bank FairX Shuts Down Citing Lack of Funds, Bleak Future
FairX, a crypto bank that planned to run on the Stellar network, ran out of steam.

Wall Street Crypto Products May Have to Wait as US Regulators Confront Backlog
The SEC and CFTC have five weeks of work to catch up on, and crypto advocates have no illusions that bitcoin ETFs and the like are a priority.

US Government Shutdown Derailed Bitcoin ETF Talks, Says VanEck CEO
The bitcoin ETF proposal was pulled due to the government shutdown, VanEck CEO Jan van Eck said Wednesday.

