Fintech giant PayPal has stopped work on its upcoming stablecoin project amid the regulatory scrutiny and crackdown of the crypto sector by United States regulatory bodies. Reports by Bloomberg indica...
Tag: Halts
PayPal Halts Stablecoin Development Amid Regulatory Crackdown On Crypto
– Advertisement – Paypal has stopped working on its upcoming stablecoin due to the recent crackdown on crypto by U.S. regulators. The fintech giant had partnered with Paxos for its stable...
PayPal Halts Development of Upcoming Stablecoin Amid NYDFS Scrutiny
2 hours ago | 2 mins read Altcoin News The project was expected to come in the following weeks. NYDFS is looking into the stablecoin issuer Paxos. Bloomberg reports that due to regulatory worries in t...
XRP Ledger-based Crypto-to-Fiat Solution Halts Reward Programs Citing SEC Crackdown
XRPayNet chooses to err on the side of caution in the face of recent SEC enforcement action. XRPayNet, a crypto-to-fiat payment solution built on the XRP Ledger, has disclosed a decision to halt its s...
Signature Bank Halts SWIFT Transactions Under $100,000 for Crypto Users, Says Binance
Signature Bank’s customers facilitating fiat operations with Binance will not be able to make SWIFT transfers of less than $100,000, according to the crypto exchange. “One of our fiat banking partners...
Polkadot Price Prediction: DOT Price Halts After A Brief Run,Will It Bounceback For $15?
Polkadot has recently unveiled a major release which can push the asset price to a new high. Technical indicators of DOT suggests a consolidated trend. It has seen a drop of 1% in the intraday session...
Coinbase halts its operations in Japan to review market conditions
The Japanese arm of Coinbase has published an official blog post to announce that it is halting its operations in the region amid the present market conditions. Coinbase aims to review the business’s ...
Apple Halts Development of Its Apple Glasses
While Apple has made it a more productive venture to focus its developmental efforts on AR/VR headsets and to find ways to make them more affordable, its focus is also on what the future of communicat...
Crypto Conglomerate DCG Halts Quarterly Dividend Payments
Cryptocurrency giant, Digital Currency Group (DCG) has halted its quarterly dividend payments in an effort to conserve cash and improve its balance sheet. DCG, parent company to the struggling cryptoc...
Crypto giant Digital Currency Group halts dividend payments: Coindesk
Crypto giant Digital Currency Group (DCG) has suspended its quarterly dividends, according to a shareholder letter seen by Coindesk. “In response to the current market environment, DCG has...
Coinbase halts operations in Japan citing ‘market conditions’
Crypto exchange Coinbase has paused its business in Japan and has advised customers to withdraw their assets from the platform, the company announced on Wednesday. Coinbase blamed the current ma...
Cronos registers resistance at 100 EMA: CRO uptrend halts!
CRO (Cronos Coin) is a cryptocurrency used on the Crypto.com platform. It is an ERC-20 token built on the Ethereum blockchain. CRO is used as an exchange medium on the platform, including a cryptocurr...
Fast Recovering GALA Price Halts At $0.05 Mark, Has The Recovery Phase Ended?
Published 2 days ago On January 8th, the GALA coin price gave a massive breakout from the falling wedge pattern. This pattern displaces itself as two converging trendlines leading a downtrend until th...
Asian Stocks Fall as Hawkish Fed Halts S&P’s Rally: Markets Wrap
(Bloomberg) — Asian stocks fell on Tuesday after a rally in US shares evaporated as Federal Reserve officials signaled the central bank will likely need to raise interest rates above 5% before p...
Falling XRP Price Halts At $0.3 Multi-Month Support; Is Recovery On Its Way?
Published 17 hours ago The six-month sideways trend in XRP price has shaped into a head and shoulder pattern. This famous bearish pattern can be identified as two swing highs(shoulders) covering a hig...
Binance Halts Terra Classic (LUNC) Burn Until March 2023
17 mins ago | 2 mins read Exchange News The crypto exchange will also only burn 50% of the fees generated. According to Validator LUNC DAO, Terra Rebels are responsible for the full breakdown. Binance...
Bitcoin miner Argo Blockchain halts trading its shares on NASDAQ
Argo Blockchain, a publicly traded bitcoin miner, is planning to suspend trading of its shares on NASDAQ for some time, promising investors a big announcement in January. Bitcoin mining firm Argo has ...
Argo Blockchain temporarily halts trading on NASDAQ
Argo blockchain, a bitcoin mining firm, has suspended trading of its American depositary shares (ADS) on NASDAQ due to an upcoming Wednesday morning announcement and the closure of the London Stock Ex...
Bitcoin Mining Firm Agro Blockchain Halts Operations For 24 Hours
Bitcoin News The corporation said that it has sought a 24-hour trading halt with the United States. The bitcoin mining company did not file for bankruptcy and is instead reorganizing. Agro Blockchain,...
Nio stock drops after Tesla halts production in Shanghai
Shares of Nio Inc. NIO, -7.70% dropped 5.7% in premarket trading Tuesday, to buck the rally in the broader stock markets, as Tesla Inc.’s TSLA, -7.47% extension of its production suspension at its Sh...
Crypto Lending Firm Genesis Global Halts Redemptions
Genesis Global Capital – a crypto lending company – has suspended all redemptions and related activity as it’s now one of the latest firms to be feeling the heat and buzz caused by the collapse of FTX...
IRS Halts Controversial New Rule Requiring Gig Workers To Report $600 Payments
Topline The Internal Revenue Service has put a one-year pause on a controversial new rule that would have required gig workers to report payments of at least $600 received through e-commerce platforms...
Germany Halts Trade Guarantees For Iran As Bilateral Relations Sour
The national flags of Iran (left) and Germany (right) getty The German government has suspended export credit and investment guarantees for companies doing business with Iran, in light of the harsh cr...
British Columbia Halts New Crypto Mining Requests
The Canadian province of British Columbia announced that it is suspending new requests for electricity connections for cryptocurrency miners for 18 months. The energy ministry of British Columbia (B.C...
Elon Musk Suspends Prominent Journalists, Halts Twitter Space
Twitter Inc.’s live audio platform, Twitter Spaces, is down after several journalists who had their accounts suspended recently discovered they could still participate there. Elon Musk, the owner of T...
Binance auditor Mazars halts all work with crypto exchanges
Mazars Group, a French auditing firm that recently provided confirmation of proof of reserves for a number of cryptocurrency exchanges, has reportedly suspended all co-operation with such platforms gl...
Equities Decline as Fed Shock Halts Global Rally: Markets Wrap
(Bloomberg) — US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations for a dovish tilt and said interest rates will go higher for longer. Most Read ...
Binance halts USDC withdrawals amid $1.9bn outflow
UPD: Binance resumed withdrawals of the USDC on Dec. 13, according to the company’s Twitter. On Dec. 13, Binance announced that it had temporarily paused withdrawals of USDC, a dollar-pegged stablecoi...
Binance halts USDC withdrawals – FUD continues
In an unexpected move, the world’s largest cryptocurrency exchange, Binance, has temporarily halted USDC (USD Coin) withdrawals. This news sent a few tremors through the crypto community but doesn’t s...
Toyota Halts Car’s Sales and Production for US
Toyota is known for a lot of different things, mainly automobiles, but the company also makes sewing machines, forklifts, robotics, boats and even houses. Of course, the main line of business Toyota h...
Litecoin Price Analysis & Prediction (Dec 10th) – Bullish Momentum Halts After LTC Rejects $84, Sets For a Sell
The recent decrease in Bitcoin’s price has made Litecoin lose roughly 12% of its value this week. It is on the verge of retesting last week’s low due to a crucial support breakdown. LTC may slip back ...
Nexo halts operations in the United States
Nexo, a crypto savings and lending provider, has decided to end operations in the United States over the next few months. This decision follows over a year of negotiations with US federal and state ag...