Congestion on the Ethereum network has forced an online casino to close shop. The development came into light after KingTiger Casino’s official website announced the company’s temporary closure of services. According to KingTiger’s statement:“We have had to temporarily close our casinos due to the Ethereum network congestion, making it impossible to run our games in their … [Read more...] about Ethereum network congestion temporarily shuts down crypto gaming casino
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China shuts down crypto mining in Anhui province
The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province.Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and an associated power supply shortage in the next three years, local news agency Hefei Online reported on … [Read more...] about China shuts down crypto mining in Anhui province
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and more.The move follows a blanket ban on all retail cryptocurrency derivatives … [Read more...] about Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban