Crypto exchange OKCoin has halted U.S. dollar wire deposits in response to Signature Bank’s collapse while adding that the company had zero exposure to Silicon Valley Bank (SVB). OKCoin reacts to Sign...
Tag: pauses
OKCoin pauses dollar deposits, OTC services after ‘managing’ Silvergate situation
OKCoin, a U.S.-based crypto exchange affiliated with the much larger OKX, temporarily paused deposits of U.S. dollars following Sunday’s failure of Signature Bank. OKCoin CEO and OKX Pres...
BCB Group pauses US dollar payments pilot after Signature Bank closure
BCB Group, a London-based provider of payment services and business accounts for crypto firms, halted a planned U.S. dollar payments program after regulators shut down Signature Bank earlier today. &#...
Coinbase Pauses Conversions Between USDC and US Dollars as Banking Crisis Roils Crypto
While temporary, the pause speaks to the chaos that’s roiled the crypto industry’s second-largest stablecoin in the wake of Silicon Valley Bank’s demise. All day Friday crypto trader...
Tenderfi pauses borrowing due to a possible $1.58m exploit
Tender Finance, a DeFi lending and borrowing platform ceased all borrowing moments ago due to an “unusual amount of borrows,” suggesting a possible hack into the protocol. Tenderfi reportedly lost con...
Lido Finance pauses polygon staking and withdrawal ‘out of prudence’
Lido Finance, a popular DeFi protocol, has paused the staking and withdrawal functionality of MATIC, the native token of Polygon, an Ethereum sidechain. In a tweet on Mar. 6, Lido Finance said the dec...
Bybit Pauses USD Deposits as US Crackdowns on Crypto Firms
The crypto exchange Bybit has paused US Dollar (USD) deposits due to “service outages” from partners. Is it the latest victim of Operation Choke Point? Bybit exchange announced the suspension of USD p...
BNB Protocol LaunchZone Pauses Trading After $700,000 Hack
BNB Chain decentralized protocol LaunchZone loses $700,000 as attackers drain liquidity from the protocol using the PancakeSwapPancakeSwap, the most used decentralized application on the BSC network, ...
Aventus blockchain pauses planned token split: AVT token drops 4%
Aventus (AVT/USD) has declined by about 4% after Aventus blockchain announced shelving an earlier decision to split its native token AVT. The main reason behind the price drop is reportedly a spike in...
NFT Project Friendsies Suddenly ‘Pauses’ Operations, Sparking Rumors of a Possible Rug Pull
On February 21st, Friendsies, a non-fungible token (NFT) collection that recently raised approximately $5 million, announced in an unexpected way that it would be taking a “pause” on its roadmap, spar...
Bitcoin Pauses Over $24,000 In Preparation For Possible Bounce
Feb 20, 2023 at 11:15 // Price Bitcoin (BTC) price continues to rise despite having failed twice at the $25,000 level. Bitcoin price long-term forecast: bullish During the first rejection, Bitco...
PayPal Pauses Stablecoin Launch, Holds $600M in Crypto
As per its annual report, PayPal, the leading financial institution, revealed that it held $604 million worth of crypto assets on behalf of its customers as of December 31, 2022. The report showed tha...
PayPal pauses Stablecoin development amid regulatory crackdown
Fintech giant PayPal has paused the work on its upcoming stablecoin due to the current regulatory environment in the crypto industry. Its stablecoin development partner Paxos is currently facing a pr...
PayPal pauses stablecoin project amid Paxos probe: Bloomberg
PayPal’s putting work on its stablecoin on ice amid increasing regulatory scrutiny, Bloomberg News reported, citing a source. The news came a day after a report that the New York Departmen...
BTC Price Is in a Range as It Pauses Above $23K Support
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Remains in a Horizontal Trend as It Pauses Above $23K Support – February 3, 2023 The Bitcoin (BTC) cryptocurrency asset’s...
Bitcoin pauses but altcoins breakout looks encouraging
As the dust settles after Thursday’s crypto surge following the Federal Reserve FOMC meeting, it still remains to be seen whether bitcoin and altcoins will continue their upwards trend since January 1...
Coinbase NFT Pauses New Collection Drops, Denies Shuttering Marketplace
Coinbase’s NFT drops feature allowed creators to release collections directly on the marketplace, rather than serving as a secondary marketplace such as leading NFT platform OpenSea. According to data...
Ethereum Pauses Below The High Of $1,600
Jan 20, 2023 at 13:33 // Price Ethereum price (ETH) is currently moving horizontally below the resistance level of $1,600. Long-term analysis of the Ethereum price: bullish The high at $1,620 ma...
Revolut pauses crypto launch following FTX collapse
London-based financial technology company Revolut will reportedly suspend plans to launch its crypto token amid the sudden downfall of crypto exchange FTX, which caused a ripple in the industry. Revo...
Morgan Stanley CEO Gorman says deal activity will return once the Fed pauses
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters Morgan Stanley CE...
Ethereum Price Analysis: Rally Pauses But Not Likely Over
Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key bullish trend line forming...
IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.
To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required e-commerce sites and payment platforms like eBay EBAY, +0.12%, Etsy ETSY, -0.32% and PayPal ...
Judge pauses SEC case in favor of criminal probe
Your Hometown Deli in Paulsboro, N.J. Google Earth A federal judge granted the Justice Department’s request to pause the Securities and Exchange Commission’s civil case regarding alleged f...
Proof-of-Reserve Auditor Mazars Pauses Work for Crypto Clients
Mazars the auditing firm that worked with Binance and various other crypto exchanges including KuCoin and Crypto.com has paused all its business with their crypto clients according to an emailed state...
Bitcoin Falls Below $17,000; Mazars Pauses Work For Binance
The Bitcoin price has once again fallen below the $17,000 mark after it became known that the auditing firm Mazars will pause its work with Binance. Already in the last few days, rumors and FUD about ...
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
Mazars, the auditing firm working with Binance and other crypto exchanges on proof-of-reserves statements, has paused all work for crypto clients, Binance said in an emailed statement. “Mazars h...
Rivian pauses plans to make electric vans in Europe with Mercedes-Benz
An Amazon Rivian electric delivery van at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Mond...
Binance Pauses USDC Withdrawals, Here’s What’s Happening
Yuri Molchan Binance has halted withdrawals of USDC stablecoin, CZ promises they will be restored soon Contents USDC withdrawals from Binance on pause Investors moving their funds off Binance, CZ blam...
Rivian Pauses Its Electric Van Tie-Up With Mercedes
Rivian Automotive has paused its joint venture to build commercial vans with Mercedes-Benz Group in Europe just three months after it was announced. The electric-vehicle maker, whose stock has collaps...
OPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude Markets
(Bloomberg) — OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged. Most Read from Bloomberg The outcome of the brief online meeting on Su...