Fire shuts one of UK’s most important power cables in midst of supply crunch

Coal plants being warmed up as market prices surge to £2,500 per MWh from a norm of £40 A major fire has forced the shutdown of one of Britain’s most important power cables importing electricity from France as the UK faces an electricity supply crunch and record high market prices. National Grid was forced to… Continue reading Fire shuts one of UK’s most important power cables in midst of supply crunch

NYAG shuts down Coinseed for converting customer funds into DOGE without consent

The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers.  On Sept. 13 NYAG Letitia James ordered Coinseed Inc. to permanently halt operations and pay $3 million in fines after it had been accused of freezing withdrawals and converting client funds… Continue reading NYAG shuts down Coinseed for converting customer funds into DOGE without consent

India’s ICICI bank shuts out remittance users from digital currencies

One of India’s largest banks is now denying its clients the opportunity to use its remittance service to purchase digital currencies. ICICI Bank, which is India’s largest private sector bank, has tweaked its remittance form to require clients to declare that they would not invest in digital currencies or even use proceeds of digital currency… Continue reading India’s ICICI bank shuts out remittance users from digital currencies

Amazon shuts down construction site after 7th noose found

WINDSOR, Conn. (AP) — Amazon has temporarily shut down a new warehouse construction site in Connecticut after a seventh noose was found hanging over a beam, a series of incidents local police called “potential” hate crimes. Another rope tied like a noose was discovered Wednesday at the site in Windsor, about 10 miles (16 kilometers)… Continue reading Amazon shuts down construction site after 7th noose found

Thai exchange Bitkub shuts down new signups after SEC order

Thailand’s securities regulator has ordered the country’s largest exchange to halt registrations following a series of outages in January. Bitkub cryptocurrency exchange will now have to address five key areas as outlined by the watchdog, including integrating a system that’s better suited to handling spikes in trading volume. The Securities and Exchange Commission (SEC) sent… Continue reading Thai exchange Bitkub shuts down new signups after SEC order

Kentucky ABC shuts down Lexington coffee shop for refusing to close after new coronavirus order

Dr. Marc Siegel on report that Astrazeneca is likely to run a new coronavirus vaccine trial Fox News medical contributor Dr. Marc Siegel tells ‘America’s Newsroom’ he believes AstraZeneca is trying to determine the correct dose after an error was discovered. Kentucky alcohol authorities suspended a Lexington coffee shop’s operating license after the owner defied… Continue reading Kentucky ABC shuts down Lexington coffee shop for refusing to close after new coronavirus order

Binance Jersey shuts operations less than two years after launch

Binance, the world’s largest cryptocurrency exchange, announced that it will soon close down its Jersey-based subsidiary, Binance Jersey. Binance launched its platform in Jersey as part of its expansion drive to tap into European markets. On Jan. 15, 2019, the exchange announced that Binance Jersey would allow fiat-to-cryptocurrency trading for European traders. At launch, the… Continue reading Binance Jersey shuts operations less than two years after launch

Major Chilean bank shuts down all branches following ransomware attack

Banco Estado, the only public bank in Chile and one of the three largest in the country, had to shut down its nationwide operations on Monday due to a cyberattack that turned out to be a ransomware launched by REvil. According to a public statement, the branches will remain closed for at least one day,… Continue reading Major Chilean bank shuts down all branches following ransomware attack

Iran shuts down newspaper after expert accuses regime of coronavirus cover-up

Fox News Flash top headlines for August 11 The Iranian regime has shut down a newspaper in Iran after it published remarks by an expert who said the number of coronavirus cases and deaths could be 20 times higher than official statistics. Jahane Sanat, which has published since 2004, mainly on business news, was shut down… Continue reading Iran shuts down newspaper after expert accuses regime of coronavirus cover-up

Australia shuts the border: Non-residents are banned from entering

Australia closes the border: Non-residents are banned from entering the country from 9pm tomorrow – as PM says 80 per cent of virus cases were brought in from overseas The Prime Minister has taken the drastic action of shutting the country’s border  From 9pm on Friday, only residents and citizens will be allowed to enter… Continue reading Australia shuts the border: Non-residents are banned from entering

As the rest of the world shuts down, China is ramping up

The world’s largest Universal Studios is being built in south-east Beijing. Work stopped on the $3 billion theme park as the coronavirus raged through China, taking 3172 lives and forcing the closure of schools, workplaces and mass gatherings. Now, migrant workers like Mr Qiao are picking up the tools at Universal Studios again. Its rival,… Continue reading As the rest of the world shuts down, China is ramping up

Facebook shuts its London office over coronavirus fears

Facebook shuts its London office after a member of staff with coronavirus visited from Singapore The social network confirmed it had told staff to work from home as a result Comes after S&P Global Platts sent home after visitor was diagnosed with virus  Fund boss Greg Coffey told Knightsbridge staff to get taxis instead of tube … Continue reading Facebook shuts its London office over coronavirus fears

Coronavirus shuts China hotels, stocks take a hit

Tips for traveling amid coronavirus outbreak Former chief White House physician Dr. Richard Tubb discusses the coronavirus pandemic and what you can do to protect yourself when you’re traveling. U.S. hotel stocks took a hit Thursday as some announced hotel closures and many announced looser cancellation policies in light of the ongoing coronavirus outbreak. Continue… Continue reading Coronavirus shuts China hotels, stocks take a hit

SEC Shuts Down Protostarr ICO: When the Bodies Hit The Floor – Blockchain News

Recently, BlockMason published an article about potential SEC regulation of ICOs, explaining the difference between product-use tokens (safe) and investment-tokens (unsafe). Now, it seems the SEC has finally made good on their promise to shut down the sale of tokens that they believe comprise securities, and therefore fall under SEC regulation. The victim of the… Continue reading SEC Shuts Down Protostarr ICO: When the Bodies Hit The Floor – Blockchain News

Juno ride-hailing app shuts down and will ask users to join Lyft instead

New York-based ride-hailing service Juno announced Monday that it was putting the brakes on its business. Service will end at 6 p.m., according to a press release from parent company Gett — which acquired Juno for $200 million in 2017 — which also announced that it had reached a strategic partnership with rival Lyft. Gett… Continue reading Juno ride-hailing app shuts down and will ask users to join Lyft instead

Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million

Brazillian police have arrested ten people suspected of operating a cryptocurrency pyramid scheme worth 850 million reals ($210 million), local news media outlets including Correido Do Povo reported on May 21. As part of Operation Egypto, a swoop dedicated to unearthing unsanctioned financial schemes, Brazil’s tax agency joined police in orchestrating a crackdown on the… Continue reading Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million

Binance Shuts Down Trading For A Week Following The Hacking Which Led To 7,000 BTC Stolen – Changpeng Zhao Apologizes

Binance has been struck by a tragedy lately, and Changpeng Zhao made sure to address what happened just to make things as clear as possible for users. Halting trading for at least a week It seems that the decision is to halt trading for at least a week while the crypto exchange investigates the loss… Continue reading Binance Shuts Down Trading For A Week Following The Hacking Which Led To 7,000 BTC Stolen – Changpeng Zhao Apologizes

Crypto Exchange MapleChange Shuts Down, Says it Doesn’t Have Money to Refund Users | BTCMANAGER

MapleChange, a relatively minor Canadian cryptocurrency exchange, announced on October 28, 2018, that it would be shutting down after losing its bitcoin stash in a security breach. The news, however, didn’t yield any major impact on the global cryptocurrency market as prices hold steady in the aftermath of the ordeal. $6 Million Stolen from MapleChange… Continue reading Crypto Exchange MapleChange Shuts Down, Says it Doesn’t Have Money to Refund Users | BTCMANAGER

FBI Shuts Bitcoin Trading 1Broker As SEC Conducts Investigations

After an exciting entrance to the exchange scene, the 1broker platform has come to a grinding halt after the FBI shut down its domain amid an SEC investigation. 1broker allowed traders to use Bitcoin for forex trading, U.S. stock market trading, and leveraged positioning. 1Broker Down And Under SEC Investigation Many crypto enthusiasts were excited… Continue reading FBI Shuts Bitcoin Trading 1Broker As SEC Conducts Investigations

Zebpay, one of India’s biggest Bitcoin [BTC] exchanges shuts down, quotes RBI ban and regulatory problems

Zebpay, one of India’s most prominent exchanges, announced that it would be shutting down services today. This comes after the continued ban on cryptocurrency to bank transactions in the country has crippled existing exchange services. They stated on their Twitter page: “We are stopping our exchange. At 4 PM [IST] today, we will cancel unexecuted… Continue reading Zebpay, one of India’s biggest Bitcoin [BTC] exchanges shuts down, quotes RBI ban and regulatory problems