Crypto brokerage firm Genesis Global Trading has paused withdrawals for its lending business, which has been impacted by the FTX crisis. The company blamed large withdrawals from customers due to the ...
Tag: Halts
Genesis Trading’s lending unit halts customer withdrawals
Genesis Global Capital, the lending arm of digital assets platform Genesis Trading, has halted all redemptions as well as loan originations, parent company Digital Currency Group announced on Wednesda...
Crypto Lending Firm SALT Halts Withdrawal Post FTX Crisis
4 hours ago | 2 mins read Defi News SALT said it would honor on-chain deposits in a letter to consumers. The firm suspended withdrawals until further notice. Following the FTX led effect through the c...
Genesis Halts Crypto Lending, Blames ‘FTX Implosion’
The lending division of cryptocurrency asset manager Genesis moved Wednesday morning in New York to put a halt to customer redemptions and new loan originations. The decision stemmed from the building...
Liquid Global Halts Withdrawals As FTX Collapse Impacts Markets
FTX-owned crypto exchange Liquid Global has announced that it is suspending all crypto and fiat withdrawals as the FTX collapse continues to affect the markets. FTX acquired the Japan-based crypto tr...
Crypto lender Salt halts withdrawals citing FTX impact
Crypto lending platform Salt paused withdrawals and deposits, according to a company email sent to customers. The firm said in a message attributed to CEO Shawn Owen that “the collapse of ...
FTX-owned crypto exchange Liquid halts all withdrawals
The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges. The FTX-owned crypto exchange Liquid took to Twitter on N...
Dominos Keep Falling: FTX’s “Liquid” Halts Withdrawals
The collapse of the crypto exchange FTX continues to wreak havoc across the industry, new companies are filing for bankruptcy as contagion spreads. Liquid Global, a crypto trading venue acquired by th...
FTX Linked Crypto Exchange Halts Withdrawals, Here’s Why
After FTX announced decision to opt for chapter 11 bankruptcy, a top tier crypto exchange announced it halted withdrawals and deposits. The meltdown of Sam Bankman-Fried related crypto companies has a...
Another Exchange Halts Withdrawals in the FTX Aftermath
Liquid Global – a lesser-known crypto exchange acquired by FTX – has announced suspending withdrawals on November 15. The move complies with the bankruptcy proceedings of FTX. Its official announcemen...
Crypto.Com Halts Withdrawals Of These 3 Tokens
Following FTX’s collapse, speculation around other crypto exchanges going bankrupt has increased. Crypto.com is facing maximum flack at the moment as it accidentally transferred nearly $400 million in...
Another Crypto Exchange Halts Withdrawals on Heels of FTX Collapse: Details
As reported by Wu Blockchain, a worrisome drama is playing out on the Hong Kong-based crypto exchange, BitCoke. The issue started when its users reported experiencing difficulty with withdrawals. BitC...
BlockFi halts withdrawals in the wake of FTX collapse
BlockFi has fallen victim to the collapse of the FTX behemoth. BlockFi said on November 11 that “business as usual” was no longer possible. It cited a lack of clarity surrounding FTX, FTX.US, and Alam...
BlockFi Halts Withdrawals Citing Lack of Clarity Regarding FTX
Crypto lending firm BlockFi is the latest to limit customer activity on its platform. Fearing a major liquidation event, the company has halted withdrawals. On Nov. 11, BlockFi announced that it was “...
BlockFi halts withdrawals amid market meltdown – crypto.news
BlockFi, a New Jersey-based exchange, has informed clients that it will have “limited platform activity,” and will be pausing withdrawals amid the ongoing FTX issue. Apart from BlockFi’s announcement,...
Crypto Lender BlockFi Halts Withdrawals After FTX Contagion
The crisis sparked by the collapse of the FTX exchange has spread like a wildfire across the crypto market. A few hours ago crypto lender BlockFi said that they are now limiting client activity and pa...
BlockFi halts withdrawals amid FTX crisis, Genesis Trading, Crypto.com emphasize transparency
BlockFi limits its platform activity and pauses client withdrawals amid the FTX crisis. In a Twitter post, BlockFi clarified that this is due to the lack of clarity on the FTX issue. The announcement...
BlockFi halts withdrawals following FTX collapse
A cryptocurrency lending platform BlockFi announced yesterday that it would limit its operation and could not conduct business as effectively as before with FTX. It paused the customer withdrawals cit...
BlockFi Halts Withdrawals Due to FTX Collapse
Key Takeaways BlockFi has announced that it will halt withdrawals following uncertainty around FTX’s financial standing. The company said that it will post updates on the situation, but that the...
FTX halts ERC-20, Solana, and Tron withdrawals
Listen to this article. FTX has stopped processing withdrawals of ERC-20 tokens, Solana, and Tron since earlier this morning. This comes amidst a renewed focus on the financial position of FTX, Alamed...
FTX Halts Users Withdrawals Instantly? Exchange Under Siege
Per a report from TheBlock, crypto exchange FTX halted withdrawals from its platform. The report uses Etherscan data to support its claim. The Sam Bankman-Fried led exchange is currently battling with...
Deribit crypto exchange halts withdrawals amid $28M hot wallet hack
Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack. Deribit exchange got its hot wallet compromised before midnight UTC on Nov. 1,...
Crypto Exchange Deribit Suffers $28 Million Hack, Halts Withdrawals
Leading cryptocurrency futures and options exchange Deribit has been hacked with the attackers draining $28 million from its hot wallet. Deribit revealed the incident in a tweet on Wednesday, saying t...
Toronto Stock Exchange halts trading after technical issue
The Toronto Stock Exchange halted all trading in the morning following a technical issue, which the exchange’s operator noted impacted its stocks markets. The incident happened just after the op...
Automobile Giant General Motors (GM) Halts Twitter Ads
Bitcoin News Several advertisers have threatened to pull their money if Trump’s ban is revoked. GM is a direct rival of Elon Musk’s Tesla electric vehicle startup. Twitter has come under assault from ...
Lens Protocol Halts Transactions Due to High Gas Limits and Queue Relay on Polygon – crypto.news
Today, crypto compostable social graph Lens suspended its transactional services as a result of high Polygon gas limits and a third-party relay that contributed to a problem in mining transactions. Th...
Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
After many votes in favour of it, the decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform. Due to their low liq...
NEAR Halts USN Minting Due to $40 Million Undercollateralization
As one of the more prominent networks, the NEAR protocol is a building block for many blockchain ecosystems. One of these is USN, a stablecoin built on top of NEAR in April and run independently by De...
Clarence Thomas Halts Order For Lindsey Graham To Testify In Georgia Election Case—For Now
Topline Supreme Court Justice Clarence Thomas on Monday temporarily halted a lower court ruling requiring Sen. Lindsey Graham (R-S.C.) to testify in a Georgia grand jury investigation into the 2020 el...
Crypto Staking Platform Freeway Halts All Withdrawals, Triggering 80% Collapse in Native Token
Crypto staking platform Freeway has halted all customer withdrawals, sending its native token plunging over 80% in a matter of hours. Yesterday, Freeway Financial announced they were stopping user wit...
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’ – Bitcoin News
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are ...
Alleged rug pull Freeway halts crypto withdrawals, erases execs
Freeway, the UK-based crypto platform that offered users up to 43% yield via so-called “Supercharger simulations,” has been branded a “$100m+ rug” after it halted all withdrawals and removed informati...