TL;DR Breakdown The Israeli Central Bank publishes a guideline draft for crypto deposits. The Israel Securities Authority to hosts a hackathon on March 24th. As cryptocurrencies continue to grow, so ...
Tag: Deposits
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments – Exchanges Bitcoin News
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero...
Putin Signs Order to Seize Bank Deposits as Default Looms – Trustnodes
Both Reuters and BBC, citing Russian state TV, report the Russian president Vladimir Putin has signed a new law that allows him to seize the bank deposits of Russians. Reuters limits this to “the bank...
ETH 2.0 crosses 300,000 validators, Ether deposits worth 28.9B already locked
Ethereum is planning to shift entirely to the PoS model and is currently operating a parallel system utilizing both PoW and PoS algorithms. The network witnessed another benchmark as ETH 2.0 validator...
Sberbank Europe to Be Sold, Wound Down After Run on Deposits
(Bloomberg) — Europe is winding down and selling units of Sberbank of Russia PJSC’s business in the region after regulators said they were likely to fail in the wake of sanctions imposed over Ru...
Binance reportedly suspends fiat deposits via some Russian-issued bank cards
Some Russian users trying to deposit fiat or purchase digital assets on crypto exchange Binance stumbled upon a warning message today, informing them that local bank cards are currently not supported....
Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked – Technology Bitcoin News
The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposit...
Public Mint Suspends Deposits and Withdrawals in Russia and Belarus
Multiple countries have imposed broad economic sanctions in response to the extraordinary events that followed Russia’s invasion of Ukraine. To meet these requirements or sanction orders coming from d...
Russia to seize retail deposits if sanctions go too far, official warns
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could be at risk to lose their savings. Russians’ savings could be confiscated in response to sanctions again...
November Brought Second Highest FX Deposits in 2021
It is quite surprising that October data left the industry with an increased appetite. However, November data from cPattern analyzed by Finance Magnates Intelligence shows a healthy pause. As we appro...
Nexo Halts Interest on New Crypto Deposits for US Customers
After BlockFi’s $100 million settlement with the US securities regulator, its competitor in the crypto lending Crypto Lending The process of lending cryptocurrency assets with an accrued interest ...
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients – Bitcoin News
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, th...
SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits – Coinotizia
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement acti...
After BlockFi Episode, Crypto Lender Nexo To Halt Interest on New Deposits
As per the latest report, crypto lender Nexo is now planning to halt interest offerings on new deposits on the platform. The high interest-yield crypto products have recently attracted the attention o...
New record for deposits on Ethereum 2.0
ETH staked on Ethereum 2.0’s Beacon Chain are repeatedly setting new records. $29 billion: a record high for Ethereum 2.0 While at the end of last year there were 8.8 million ETH on the Beacon Chain,...
SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement acti...
DeFi hack: DEGO Finance loses over $10M, urges exchanges to stop all deposits
Another day, yet another exploit in the decentralized finance (DeFi) space gets reported. DeFi has been one of the fastest-growing segments in the crypto space this year. The space also garnered the i...
Kraken holds 100% of its crypto deposits
Kraken, one of the biggest and most respected crypto exchanges, has integrated Proof of Reserves to prove that it holds 100% of the crypto assets deposited. A PoR is an independent, third-party conduc...
Everscale Boosted Staking Program With 20% APY. Say Bye To Bank Deposits.
The hype The increase of interest in crypto in 2021 was astonishing. The interest switch from fiat money to blockchain-based tokens was one of the hottest topics in the news, whole countries entered t...
Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network – Exchanges Bitcoin News
Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due cou...
Crypto.com Suspends all Deposits, Withdrawals due to Suspicious Transactions
Crypto wallet provider and trading platform Crypto.com said it will stop all deposits and withdrawals due to suspected unauthorized transactions on the platform. Some users from Crypto.com took to soc...
Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira – Exchanges Bitcoin News
Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a cen...
Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits – Economics Bitcoin News
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time depo...