(Bloomberg) — Most Read from Bloomberg Vauld, a crypto lender backed by Coinbase Inc., said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Cels...
Tag: Freezes
Singapore crypto exchange freezes withdrawals
Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform ...
Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default
Cryptocurrency exchange Voyager Digital announced Friday that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. “The failure of a borrower, Three Arrows Capital, to rep...
Crypto Winter Freezes Terry’s “NFT Scheme,” Its Floor Prices Shrinks 92%
The ongoing crypto bear market shows no signs of slowing down, with its impact now spreading across many NFTs. The Ape Kids Football Club NFT collection are among the impacted NFTs, plunging more than...
Crypto winter freezes into North Korea`s $2b stolen digital assets
Since the beginning of this year, the cryptocurrency market has been in a tailspin. The current crypto winter may be long and severe. On the other hand, some investors remain hopeful that the tides wi...
Banxa freezes contracts of upto 40% of its employees
Banxa, an Australian crypto exchange gateway, has cut its employee count by 40%. The exchange enables users to change traditional money into digital ones and vice versa. Back in January, the common sh...
Crypto Exchange CoinFLEX Freezes Withdrawals Due to Counterparty ‘Uncertainty’
Another cryptocurrency platform has frozen user withdrawals in response to the bear market. Crypto derivatives exchange CoinFLEX today announced that it is discontinuing account withdrawals on its pla...
Crypto winter freezes sports sponsorships for digital asset firms
The longer the crypto market stays in bearish territory, the more marketing deals with American sports teams are being taken off the table as crypto firms tighten their belts. Crypto exchange FTX has ...
Crypto Suffers Another Blow: Babel Finance Freezes Withdrawals
Crypto financial services company Babel Finance said it was temporarily suspending withdrawals and redemptions in the latest blow to the cryptocurrency sector. The Hong Kong-based company said in a Ju...
Hong Kong based Babel Finance freezes withdrawals as contagion spreads
Babel Finance suspends all further withdrawals, citing that it is “facing unusual liquidity pressures” as the crypto market flounders, perhaps due to the ongoing issues with Three Arrows Capital and C...
Celsius Market Cap Sank $290 Million in May, Even Before Withdrawal Freezes
Celsius (CEL) was one of the hardest-hit cryptocurrencies in May’s market crash and continues to decline in June after a huge sell-off by whales. Celsius has come under scrutiny by market commentators...
Celsius Market Cap Sank $290 Million in May, Even Before Withdrawl Freezes
Celsius (CEL) was one of the hardest-hit cryptocurrencies in May’s market crash and continues to decline in June after a huge sell-off by whales. Celsius has come under scrutiny by market commentators...
Celsius Network Freezes User Assets as Market Crash Worsens
On Monday, crypto lender Celsius Network, paused withdrawals, swaps, and transfers of assets between accounts on the platform, citing “extreme market conditions.” The popular crypto lending platform s...
Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns
Celsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending platform which is used by more than 1.7 million people in the crypto space made thi...
Coinbase Freezes Hiring and Will Rescind Accepted Job Offers
In brief Posting a $430M loss in Q1 2022, Coinbase will “take more stringent measures” in hiring. On the same day that rival crypto exchange Gemini confirmed layoffs, Coinbase announced to...
Tech layoffs and hiring freezes increase as cheap money shrinks
The job market in the tech industry is starting to show some cracks. On Tuesday, streaming giant Netflix (NFLX) confirmed it is laying off 150 workers amid slowing demand. That same day, e-commerce gi...
U.K. Freezes Up To $13 Billion Of Assets Of Two Business Partners Of Roman Abramovich
Topline The United Kingdom sanctioned two longtime business associates of Russian billionaire Roman Abramovich on Thursday, freezing up to $13 billion in assets connected to the pair, as countries con...
U.K. Sanctions Roman Abramovich And Six Other Russian Oligarchs, Freezes Assets Including Chelsea F.C.
Topline The U.K. government on Thursday sanctioned Russian billionaire Roman Abramovich, freezing all his assets including the English Premier League soccer club Chelsea, as part of a broader sanction...
Singapore Court Freezes $7 Million in Stolen Cryptocurrencies
A Singapore court has ruled in favor of an American entrepreneur who had more than $7 million in cryptocurrencies stolen from him and ordered two local crypto exchanges to stop unidentified perpetrato...
Russia sanctions spark fire sale, asset freezes for UK-based oligarch
Roman Abramovich, owner of Chelsea, waves at fans after the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021, in Porto, Portugal. Alex Livesey &#...
Canadian Court Extends Rare Order, Freezes up to $20M in crypto to ‘Freedom Convoy’
In Canada, Ontario Superior Court has frozen millions of dollars and cryptocurrencies linked to organizers of the Ottawa’ Freedom Convoy’ protest by obtaining a so-called Mareva injunction. Experts sa...
Exchanges Warn Crypto Users As Canada Freezes More Crypto Wallets: Report
The government of Canada is continuing to apply pressure on truckers protesting against COVID-19 mandates. Deputy Prime Minister, Chrystia Freeland, has revealed that more wallets and accounts affilia...
Canada Chokes Crypto Supply, Freezes $20 Million In Bitcoin Donated To Truckers
As Canada starts to clamp down on the crypto supply flowing into the Freedom Convoy’s coffers, protest leaders and truckers now face a harsh reality on the ground. Faced with the turmoil caused by mas...
Canadian Court Freezes Millions in Convoy Protestor Funds—Including Bitcoin
An Ontario Superior Court judge has issued an order to freeze millions of dollars in funds, including some in Bitcoin and other cryptocurrency, as Ottowa’s convoy protests continue, per The Globe and ...
Canada: Nearly $1M raised in Bitcoin as govt freezes donations to Freedom Convoy
Traditional fundraising platforms across the globe have raised millions and millions of funds to help a cause. This could go both ways depending on the cause. Take the case in Canada. The ongoing truc...
Ontario government freezes millions more in donations to Freedom Convoy
The Ontario Provincial government in Canada has been granted an order from the Superior Court of Justice to freeze millions of dollars in donations on the GiveSendGo platform from reaching the Freedom...
Judge Freezes Virginia Gov. Youngkin’s Order Restricting School Mask Mandates
Topline A Virginia judge on Friday temporarily blocked Virginia Gov. Glenn Youngkin (R) from requiring school districts with mask mandates to offer opt-outs to parents, an early court loss for Youngki...
Tether Freezes $150M Worth of USDT, Blacklists 3 Addresses
Tether recently froze over $150 million of USDT. This is not the first time that the company has frozen USDT, actions that has once again stoked concerns of centralization in the crypto community. Acc...
Tether freezes three Ethereum addresses holding $150 million in USDT
World’s largest stablecoin issuer Tether has added three more Ethereum addresses to its blacklist that held nearly $150 million worth of USDT. Being a centralized company, Tether has the authority to...
Tether freezes $150 million in USDT
Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist. As a centralized company, Tether is able to blacklist addresses i...
Tether Freezes Over $150M+ Worth Of USDT Stablecoin
Tether has been one of the biggest question marks in crypto in recent years, and that hasn’t changed as adoption has grown. Decentralization has been a hot topic, and while the word itself isn’t menti...
Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain
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