First the v2.x My Cloud firmware not having a shutdown option is a well known issue that for what ever reason WD hasn’t chosen to fix since the v2.x firmware versions were first released to market.
Do a subforum search for “shutdown” and you’ll find several threads that discuss methods of shutting down a Gen 2 v2.x firmware My Cloud using the WD Quickview App or SSH. Here is one such recent thread:
http://community.wd.com/t/how-to-safetly-shutdown-my-wd-cloud-4tb/164434
Second, the sleep issue is well discussed on this subforum. Do a subforum search for “sleep” and you’ll find numerous threads on the issue with various methods that attempt to have the My Cloud sleep more than a few minutes. Here are just a few recent threads that discuss various workarounds:
http://community.wd.com/t/mycloud-wont-sleep-after-update-help/96645
http://community.wd.com/t/sleep-awk-script/145039
http://community.wd.com/t/mycloud-does-not-go-to-sleep-standby-perhaps-the-solution/158591
http://community.wd.com/t/this-resolved-my-cloud-sleep-mode-issue/157059
http://community.wd.com/t/wd-my-cloud-randomly-wakes-up-the-drive-when-drive-sleep-is-enabled/152748