Shutdown

Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)
U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
Experts suggest that the courts and the SEC will keep rolling if the government is shuttered, but an already sluggish interaction with federal officials may be slowed even further.
Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)

Closed icon on a blue computer screen, representing Cardano stablecoin platform Ardana ending. ((Sean Gladwell/Getty Images)
Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution
The Ethereum-based crypto trading protocol would shut down and distribute its treasury to investors under the proposed plan.
Closed icon on a blue computer screen, representing Cardano stablecoin platform Ardana ending. ((Sean Gladwell/Getty Images)

(Solana Spaces)
Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism
Solana Spaces will close its New York City and Miami locations by the end of February.
(Solana Spaces)

Rally is sunsetting its Ethereum sidechain. (rally.io)
Social Token Project Rally Shuts Ethereum Sidechain, Stranding Users’ Crypto Assets
Rally blamed its sidechain’s demise on "macro headwinds."
Rally is sunsetting its Ethereum sidechain. (rally.io)

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

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

Mumbai, India (Shutterstock)
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.
Mumbai, India (Shutterstock)

Zip
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.
Zip

fairx
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.
fairx

U.S. Capitol
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.
U.S. Capitol