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Bittrex to Shut Down U.S. Platform

Bittrex to Shut Down U.S. Platform

Bittrex will close its U.S. platform on April 30, citing the current regulatory and economic environment. Customer funds are safe and available for withdrawal. The shutdown will not affect Bittrex Global, which will remain open for trading.

Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market

Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market

Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc, is tapering down its plans to hire more staff this year as current market realities do not permit it.

Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023

Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023

Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain.

Twitter’s Decentralized Workforce Can Work From Home Forever Following COVID Lockdown

Twitter’s Decentralized Workforce Can Work From Home Forever Following COVID Lockdown

Twitter employees have been given the autonomy to choose when they will return to work once the social media giant’s offices open following the COVID-19 pandemic lockdown.

Chinese Regulators Shut Down A Domestic Software Firm Over Alleged Involvement in Illegal Crypto Trading

Chinese Regulators Shut Down A Domestic Software Firm Over Alleged Involvement in Illegal Crypto Trading

A local Chinese software company suspected of involvement in cryptocurrency trading activities was forced to shut down by two Two financial regulators in China, including the People’s Bank of China (PBoC).

China Anhui Province Becomes the Latest Region to Crack the Whip on Crypto Mining

China Anhui Province Becomes the Latest Region to Crack the Whip on Crypto Mining

Anhui, an eastern Chinese province, has become the latest region to shut down all crypto mining activities, according to local media, citing an acute power shortage.

Changpeng Zhao Says He’s Willing Step Down as Binance CEO Amid Global Cryptocurrency Crackdown

Changpeng Zhao Says He’s Willing Step Down as Binance CEO Amid Global Cryptocurrency Crackdown

Binance CEO Changpeng Zhao revealed his willingness to step down from his top position while battling a series of regulatory issues.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US is facing challenges in finding a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States, following the recent failures of Silvergate and Signature Bank. The regulatory crackdown on banks with crypto clients is another factor contributing to the exchange's struggles.

Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown

Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown

The world's top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government's recent crackdown on domestic mining activites.

Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s

Bitcoin's Hashrate Recovers and Hits New ATH at 182.01 EH/s

BTC miners have been able to dust themselves off following China's intensified crackdown, given that the hashrate reached historic highs of 182.01 EH/s.

Thailand Sees PoW Mining Surge As China Ban Lingers On

Thailand Sees PoW Mining Surge As China Ban Lingers On

As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.

Exploring AI Stability: Navigating Non-Power-Seeking Behavior Across Environments

Exploring AI Stability: Navigating Non-Power-Seeking Behavior Across Environments

The research explores AI's stability in non-power-seeking behaviors, revealing that certain policies maintain non-resistance to shutdown across similar environments, providing insights into mitigating risks associated with power-seeking AI.

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