Ethereum Tops 500,000 Validators as Staking Withdrawal Deadline Approaches

Ethereum now has over 500,000 validators keeping the network secure ahead of its highly anticipated Shanghai upgrade, scheduled for March.  The upgrade will allow such validators to withdraw their ETH...

New retirement withdrawal rule could backfire in costly way

A new law increasing the age you must withdraw from your retirement accounts may come with some unexpected and expensive consequences. President Biden inked in December pushes the age that retirees mu...

Coinbase considers Japan withdrawal amid crypto market volatility

As a part of its reaction to the steep decrease in cryptocurrency trading that followed the collapse of FTX, Coinbase (NASDAQ: COIN) is mulling the possibility of withdrawing from the Japanese market....

Nexo Witnesses Withdrawal Spike Post Raid by Financial Authorities

On January 13 Nexo’s Bitcoin holdings were down to 124,939 BTC, a reduction of 8,324 BTC. Co-founder Antoni Trenchev told that the withdrawals amounted to barely 2% of Nexo’s AUM. Similar to the withd...

Wyre Removes Withdrawal Cap after Funding from Partner

Wyre has assured the crypto community that it is ready to resume regular operations. Crypto payment platform Wyre has removed its withdrawal cap after securing additional funding from a strategic part...

Wyre Secures New Funding, Lifts Customer Withdrawal Limits

Wyre tweeted about lifting 90% withdrawal limit effective immediately. The company had announced limiting the withdrawals a few days back. Wyre laid off 75 employees at the beginning of the year. In a...

Crypto Payments Platform Wyre Removes 90% Withdrawal Limit

On January 8th, Wyre instituted a 90% withdrawal threshold. In April 2022, financial technology firm Bolt paid $1.5 billion to purchase the business. Wyre, a cryptocurrency payment platform, has secur...

Crypto payments platform Wyre lifts 90% withdrawal cap

Crypto payment platform Wyre has lifted the 90% withdrawal limit it placed on users earlier this week after securing additional funding.  On Jan. 13, the San Francisco-based fintech firm announced tha...

Wyre lifts 90% customer withdrawal limit after securing new funding

Wyre secured a new source of funding, allowing it to drop its recently introduced 90% customer withdrawal cap, the company said on Twitter today. “We’re excited to share that today we received f...

Wyre Imposes Daily Withdrawal Limit For All Users Amid Swirling Rumours Of A Winding Up ⋆ ZyCrypto

Advertisement &nbsp &nbsp Crypto payments platform Wyre sets a new withdrawal policy allowing users to withdraw only 90% of their assets.  The policy will include limits to sp...

Wyre Imposes 90% Withdrawal Limit on Customers

The revision of the withdrawal policy is the latest in a series of moves the company is making to stay afloat. Crypto payment provider Wyre has announced that its customers will only be able to withdr...

Huobi’s withdrawal rates decline despite Tron’s USDD recent slide

Despite Tron’s USDD stablecoin plummeting in price, data from Nansen revealed that withdrawals on Huobi declined yesterday. Desperate to save their funds, Huobi‘s customers withdrew an astonishing $60...

Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap

5 hours ago | 2 mins read Exchange News Wyre has changed its withdrawal policy to allow for the withdrawal of up to 90%. MetaMask has asked its users to refrain from using Wyre on the mobile aggregato...

Crypto Payments Platform Wyre Imposes Withdrawal Limits

On Jan. 8, crypto payments firm Wyre announced that it was “modifying its withdrawal policy.” The move adds a limit to withdrawals of no more than 90% of the funds in customer accounts. In other words...

Crypto payments firm Wyre cuts withdrawal limits to 90% of funds

Amid insolvency speculations, cryptocurrency payments platform Wyre slashed its withdrawal limits by 10% on Jan. 7. In a Twitter thread, Wyre announced that its customers can now only withdraw up to 9...

Wyre announces withdrawal limits and interim CEO

Wyre, Crypto payment provider, has announced changes to its withdrawal policies and leadership structure. The company said it will now limit withdrawals to no more than 90% of the funds currently in e...

Crypto Payment Provider Wyre Limits Users to 90% Asset Withdrawal

Wyre modified its policy to allow users to withdraw below 90% of their assets. Wyre noted that the decision was in the community’s best interest. The firm made its chief security officer the interim C...

Wyre imposes up to a 90% withdrawal limit for all users

Crypto payment platform Wyre modified its withdrawal policy to limit users from cashing out up to 90% of their assets just days after two former employees allegedly hinted the possibility of a shutdow...

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions – Bitcoin News

Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now an...

Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts

The bank has also halted its plans to launch a digital currency and has written off the $196 million related to its acquisition of the technology and assets of Diem Association from Facebook parent Me...

Huobi Experiences Sudden 64% Spike in USDT, USDC Withdrawal Volume

Nansen data reveals Huobi users have cashed out over $60.9 million within 24 hours. The figure represents over 64% of its total $94 million outflow over seven days. The 24-hour trading volume of Huobi...

Silvergate Affirms Belief In Crypto Despite Q4 Withdrawal Plunge

Silvergate Crypto News: Fintech and crypto focused bank Silvergate Capital on Thursday expressed confidence in the crypto industry’s future. The comments came at the back of the flurry of withdrawals ...

Cameron Winklevoss Demands Answers From Crypto Titan Barry Silbert Regarding Genesis Withdrawal Halt

The founder of one of the biggest crypto exchanges in the world has penned an open letter asking for answers from Barry Silbert about issues surrounding Genesis. Crypto exchange Gemini was recently hi...

Opinion: Hardship withdrawals from a 401(k) will get easier soon, but not quite yet

If you’re getting crushed by inflation and you have any money sitting in your 401(k), you may be wondering how you can get at it. In that kind of situation, something called a “hardship withdrawal” so...

Binance Addresses Mazars Saga, USDC Withdrawal Halt and Other ‘FUD’ Amid Heightened Crypto Exchange Scrutiny

Binance is addressing the fear, uncertainty and doubt (FUD) centered around crypto exchange platforms after the high-profile downfall of FTX. In a new company blog post, the world’s largest digital as...

Nigeria Increases Cash Withdrawal Limit Post Feedback

9 seconds ago | 2 mins read Altcoin News The CBN has imposed a cash withdrawal limitation for corporations of $11,200. The bank acknowledged the importance of cash in helping unserved and rural region...

Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’ – Africa Bitcoin News

Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank of Nigeria said on Dec. 21 that individuals will be able to withdraw an equivalent of $1,120...

Celsius Reported About 30 Potential Applicant Following Approval of Withdrawal Motion

Celsius crypto lender, has attracted around 30 bidders.  As per official statements of Celsius Network, the company has received huge numbers of bids proposing a wide variety of potential agreements a...

Celsius amasses 30 potential bidders for its assets, withdrawal motion approved

Bankrupt crypto lender Celsius Network has attracted 30 potential bidders for its various assets, including its retail platform and mining business. According to a company presentation filed on Dec. 2...

CZ Binance on Audits, FTX, the $2.1 Billion SBF Buyout in 2021, and Recent Withdrawal Spree

Changpeng Zhao – CEO Binance – agreed that the collapse of FTX has caused some panic in the space. He also reiterated that the fact that they were audited by a somewhat reputable firm caused others in...

Binance Boss Dispels Billion-Dollar Exchange Withdrawal FUD

Binance CEO Changpeng Zhao has responded to a torrent of fear, uncertainty, and doubt (FUD) following increased withdrawals from the exchange. On Dec. 14, Changpeng Zhao stated that the recent spate o...

Binance Sees Largest Bitcoin Withdrawal, 40K BTC Out

The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confid...