Terraform Labs to shut down following the SEC settlement
Current CEO Chris Amani announced that Terraform Labs will wind down. Terraform Labs will sell its remaining assets to various digital asset management firms. More information about Terraform Labs’ dissolution…
Solana-based protocol Clockwork to shut down
Clockwork is a Solana-based smart contracts automation tool that raised $4 million from Multicoin and other investors. The Devnet and mainnet nodes will be frozen on October 31. Solana ecosystem…
New York banking authorities shut down crypto-friendly Signature Bank
Key takeaways Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities. The Federal Reserve said the decision was made to protect the US economy and strengthen…
We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO
Coinbase’s CEO says the crypto exchange will abandon Ethereum staking if threatened by regulatory… The post We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO appeared first…