Shuts

Homegrown e-commerce start-up MarketForce has announced it is shutting down its business-to-business (B2B) distribution business RejaReja citing razor-thin margins that have made it a struggle to attain profitability at a unit level. In…

Hong Kong’s crypto landscape is shifting as HKVAEX, a local digital asset trading platform, announced a phased closure culminating in a complete shutdown by May 1st, 2024. This move comes amidst a growing global trend of increased…

Oklahoma-based Vast Bank, once boasting the title of the first US bank to integrate crypto trading directly into its checking accounts, has officially exited the cryptocurrency market. The closure of their crypto-friendly mobile…

Companies German coffee firm shuts Kenya operations on sector reforms chaos Friday January 26 2024 A farmer tends to her coffee. President William Ruto signed an executive order tasking DP Rigathi Gachagua with spearheading reforms…

LBRY Inc., a cryptocurrency platform, announced its closure due to a court failure against the Securities and Exchange Commission (SEC). The SEC charged LBRY with making an unregistered securities offering by…

© Reuters. FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo By David Shepardson and Joseph White DETROIT (Reuters) -United Auto…

None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a "critical exploit" within its infrastructure.According to the September 20 announcement, None Trading developers said that it…

Genesis Global Trading, a subsidiary of Genesis Global, is set to close its US-focused spot crypto trading operations by the end of this month. This decision, communicated to clients via email, comes against the backdrop of Genesis Global's…

Israeli medical robotics company XACT Robotics has announced to its 65 employees that it is shutting down and laying off everybody. Most employees were unaware of the troubled state of the company and some were even hired…

Solana's Cardinal Protocol is terminating operations due to economic conditions, nearly a year after it raised $4.4 million to improve its non-fungible token (NFT) facilities. According to an announcement on Twitter, withdrawals must be…