CoinStats temporarily shuts down, advises users to transfer their funds
CoinStats has temporarily shut down its app after the June 22 security breach. Users are advised to transfer funds immediately using exported private keys. Scam notifications have been distributed through…
Monero’s largest P2P trading platform shuts down
LocalMonero is a peer-to-peer (P2P) trading platform for privacy-focused coin Monero (XMR). The platform is winding down, with the website set to shutter on November 7. LocalMonero, the largest peer-to-peer (P2P)…
NFT platform Recur shuts down less than 2 years after $50M financing round
Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The…
Crypto exchange Hotbit shuts down
Hotbit has announced that it will be halting its operations as from 22 May 2023. The exchange cites the deterioration in operating conditions and the change in the cryptocurrency exchange…
Crypto hedge fund Galois shuts down following exposure to FTX
Galois has halted all trading after losing $40 million to FTX. The hedge fund has become the latest entity to be negatively affected by FTX’s collapse. The company said it…
Solana-based crypto lender Everlend Finance shuts down app
Everlend Finance has closed down its lending app. Users have been advised to withdraw their assets. The crypto lender has blamed the current liquidity crunch in the market for the…