LBRY Inc. Shuts Down After SEC Judgment and Financial Woes
LBRY Inc., the blockchain company behind the LBRY blockchain and Odysee video-sharing platform, has announced the end of its operations, citing insurmountable debts, including a judgment from the SEC. The cryptocurrency community reacts with shock and support. The financial world and blockchain industry received a significant shakeup recently with the announcement that LBRY Inc., has […]
China shuts down 11 companies suspected of illegal crypto trading
China’s crypto crackdown continues as the Shenzhen branch shuts down 11 out of the 46 companies suspected of illegal cryptocurrency trading. Companies that continue to trade or mine cryptocurrencies risk facing significant fines and prison time. Despite this, a handful of businesses continue to trade in cryptocurrencies , with reports claiming that 46 businesses are […]