Swan Bitcoin halts IPO plans and shuts down mining operations

Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms like Bitfarms and Northern Data adapting. Swan Bitcoin, a financial services firm specializing in Bitcoin investments, has announced a significant strategic shift. Cory Klippsten, the […]

Peer-to-peer crypto exchange Paxful to suspend operations

Paxful will temporarily halt operations. The exchange’s CEO however stated that they are not sure if it will resume operations. This is the second peer-to-peer crypto exchange to shut down. Paxful CEO Ray Youssef has published a post on the exchange’s website stating that the peer-to-peer (P2P) exchange will be suspending its marketplace. Ray went […]