Ad Visa’s head of crypto Cuy Sheffield described Reuters’ report that the payment giant was pausing its crypto endeavors as “inaccurate.” In a Feb. 28 Twitter thread, Sheffield said the company has co...
Tag: Pausing
CFTC Chair recommends pausing and reinforcing DCCPA bill following FTX turmoil
Rustin Benham, the Chairman of the U.S. Commodities Futures Trading Commission (CFTC), recently testified before the United States Senate Committee on Agriculture, Nutrition, and Forestry. The testimo...
As the FTX collapse highlights diversification, Decentraland DAO considers pausing grants
Join Our Telegram channel to stay up to date on breaking news coverage The metaverse platform’s community decision-making tool, the Decentraland DAO, is holding a vote on whether to stop its grants pr...
Genesis sought $1 billion loan before pausing withdrawals
Crypto lender Genesis was seeking a $1 billion emergency loan just before suspending customer withdrawals on Wednesday. Emergency loan Citing a lack of liquidity as the reason, cryptocurrency lending ...
Fed’s Daly sees rates rising at least another percentage point as ‘pausing is off the table’
San Francisco Federal Reserve President Mary Daly said Wednesday she expects the central bank to raise interest rates at least another percentage point, and possibly more, before it can pause to evalu...
Crypto Lenders Keep Pausing Withdrawals Citing FTX Exposure
An investment firm run by bitcoin backer Simon Dixon has canceled plans to acquire embattled crypto lender SALT, which has suspended withdrawals over exposure to FTX. Dixon’s investment unit BnkToTheF...
After pausing withdrawals, BlockFi customers are confused and angry
In the aftermath of FTX’s dramatic demise, crypto lending firm BlockFi stunned users with an announcement that it would pause withdrawals. Now, they’re waiting confused and without many an...
S&P 500 pares back gains as Fed rules out possibility of ‘pausing’
The U.S. Federal Reserve just announced its fourth consecutive 75 basis points increase in interest rates to subjugate consumer prices that were reported “up” 0.4% for September. U.S. stocks gained in...
Fed Chair Powell rules out the possibility of ‘pausing’
The U.S. Federal Reserve just announced its fourth consecutive 75 basis points increase in interest rates to subjugate consumer prices that were reported “up” 0.4% for September. S&P 500 initially...
Top Celsius executives withdrew millions before pausing withdrawals
The latest court filings in the Celsius bankruptcy case have uncovered some controversial transactions made by the defunct crypto lender’s top brass. Barely days after news of former CEO Alex Mashinsk...
Reuters reports major US banks pausing crypto lending plans amid challenging SEC guidelines
The US Securities and Exchange Commission (SEC) guidance on crypto custody might impede banks from the industry because of the cost of implementation, Reuters reported on Sept. 16. According to the re...
FTX Pausing Ethereum Deposits and Withdrawals for Merge, Supporting Fork Tokens
Key Takeaways FTX will be pausing ETH and ERC-20 token deposits and withdrawals for at least 30 minutes during two crucial Ethereum updates. The Bellatrix update is scheduled for September 6, while th...
Pausing email updates during crypto crash could land Coinbase in hot water
US-based crypto exchange Coinbase is under fire for apparently pausing its email price notifications just when currencies across the board began hemorrhaging value earlier this year. According to expe...
Zipmex Opens Crypto Withdrawals After Pausing Due To Volatile Markets
The recent crypto winter plunged some crypto firms into insolvency. Also, the collapse of Terra algorithmic stablecoin and its native token, LUNA, aided the devastating effect of the bearish trend. As...
Bancor Under Scrutiny After Pausing Impermanent Loss Protection Citing “Hostile Market Conditions”
Decentralized Finance (DeFi) protocol Bancor, often considered a pioneer in the DeFi space, has come under fire after it paused the impermanent loss protection program. The pause was done citing extre...
Binance Resumes Bitcoin Withdrawals After Pausing BTC Outflows Amid Wild Market Action
As digital assets plunge to lows not seen since December of 2020, global crypto exchange giant Binance announced it was temporarily halting all Bitcoin (BTC) withdrawals. In an announcement, Binance s...
Pausing Solar Tariffs, Tesla’s Stock Split And Quantum Computing For Sustainable Manufacturing
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. China News Service via Getty Images Earli...
Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes
Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed po...
Here’s Why Harley-Davidson Is Pausing All Production
Harley-Davidson (HOG) – Get Harley-Davidson, Inc. Report bikes are known for being loud and intense, but supply chain issues are forcing the company to go quiet for the next two weeks. The Mil...
McDonald’s to sell Russia business after pausing operations due to Ukraine war
McDonald’s said Monday that it will sell its business in Russia, a little more than two months after it paused operations in the country due to its invasion of Ukraine. “The humanitarian c...
Americans are pausing investments because of the Russia-Ukraine war
The ongoing Russia-Ukraine war is degrading Americans’ financial outlook, sparking the desire to save more and postpone investing, according to a survey from MassMutual. But steering clear of st...
Biden administration pausing new oil and gas leases amid legal battle
An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisi...
Crypto.com Reportedly Loses $15M After Pausing Withdrawals
The crypto market is full of uncertainties, and not just in a standard manner. Crypto.com realized it recently as the platform experienced several customers reporting alleged thefts and suspicious act...
Dogecoin creator slams Mozilla for pausing crypto donations
The Mozilla Foundation’s back-tracking on crypto has earned a reaction from the creator of the world’s first meme cryptocurrency. On Dec. 31, 2021, Mozilla, the developers of the Firefox i...