Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp., said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry. “However, despite our efforts … we have regretfully determined that we need to shut…
Texas Oil Refineries Shut as Winter Storm Hits US Energy Sector
Freezing temperatures across Texas during the extended holiday weekend forced energy companies to shut oil refineries in the largest U.S. crude-producing state and restricted natural gas pipeline operations. The rare deep freeze prompted the state’s electric grid operator to impose rotating blackouts, leaving nearly 3 million customers without power. President Joe Biden declared an emergency…
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