Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin ...
Tag: Withdrawal
ByBit to apply new KYC rules and withdrawal limits on Dec. 20
Crypto exchange ByBit announced that it would imply new Know Your Customer (KYC) rules and withdrawal limits on Dec. 20. The announcement updates the different withdrawal limits based on different KYC...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Coinotizia
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash...
CBDC Adoption Increasing Efforts of Nigerian Central Bank; Caps Over Withdrawal
The world is going digital and many countries all around are seeking to lead the race. Some countries amidst these top contenders took advantage of starting early. Nigeria is among such players who in...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Bitcoin News
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash...
Genesis Withdrawal Halt Could Stretch To ‘Several Weeks’
Genesis Withdrawal Updates: Amid difficult circumstances around liquidity crisis, Genesis trading issued a statement to its customers with an update on Wednesday. In an email to Genesis customers, the...
Genesis Withdrawal Freeze Has No Imminent Solutions, Says Interim CEO
A letter from Genesis Interim CEO Derar Islim to customers on Wednesday suggested that the firm’s withdrawal freeze likely won’t be resolved for “weeks” to come. The letter, first viewed by CoinDesk,...
Japan’s FSA To Extend Suspension Of FTX Japan Amid Withdrawal Delays
Japan’s Financial Services Agency on Wednesday said it plans to extend the suspension order for crypto exchange FTX Japan. The move comes as Japanese arm is taking more time to resume withdrawals and ...
AAX Users in Nigeria Storm Company Office Over WIthdrawal Halt
Exchange News The irate crowd, allegedly, asked that a ban on withdrawals since November 12 be lifted. SIBAN pleaded with customers to cease harassing the crypto exchange’s employees. A group of Niger...
Sam Bankman-Fried ‘Surprised’ Over FTX US Withdrawal Halt
Sam Bankman-Fried FTX News: In an interesting turn of events, Sam Bankman-Fried had on Thursday expressed doubts over the handling of fund withdrawals at FTX US. The FTX founder said he was sure of FT...
CoinList Explains Deposit and Withdrawal Delays
CoinList has refuted any claims it is nearing insolvency despite the issues with deposits and withdrawals on its platform. Amid reports of a liquidity crunch, crypto listing platform and exchange, Coi...
CoinList addresses withdrawal “FUD” with technical delays
After a blogger tweeted that users reported being unable to withdraw funds for over a week, CoinList, a cryptocurrency exchange and Initial Coin Offering (ICO) platform, took to Twitter to address ...
Ethereum Foundation evaluates withdrawal of ETH staked
The JavaScript team of the Ethereum Foundation has officially declared that, at the present moment, they are gradually and effectively moving in the direction of making it possible and feasible to mak...
FTX Contagion Revives Dreaded 2022 Crypto Knell – the ‘Withdrawal Halt’
Technically it means that a crypto exchange or lender has gated customers from being able to get their money or digital tokens back – typically because there’s just not enough assets on hand to meet r...
FTX Japan Says Client Funds Withdrawal Possible Before 2022 Ends
Yes, there is still hope for clients of FTX Japan to pull their money out of the crypto exchange and be merry this Christmas. Clients of the Japanese subsidiary of the collapsed FTX cryptocurrency exc...
Nexo Being Sued by Investor Over $126M Withdrawal
6 hours ago | 2 mins read Exchange News Ten days before the complaint was made public, Nexo issued a statement. The investor voiced their concerns for the first time in December 2020. In London, a fam...
FTX-owned Liquid exchange pauses all trading after withdrawal halt
Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “a...
Ether staking withdrawal schedule removal faces harsh criticism
Days after Ethereum turns deflationary for the first time since shifting to proof-of-stake (PoS), critics have started to highlight the Ethereum Foundation’s removal of Ether (ETH) staking’s withdrawa...
Gemini Earn Warns Customers of Likely Withdrawal Delays Due to Genesis Lending Pause
Crypto exchange Gemini warned customers today that there may be delays for withdrawals on its Earn product. The delays are due to Genesis Global Capital’s announcement today that it would pause ...
How The Genesis Withdrawal Halt Impacts The Entire Crypto Market
By now, the news of crypto lender Genesis halting withdrawals has already made the rounds. The implications of this on other crypto platforms are becoming apparent as more time passes, but being so ea...
Gemini Recovers From Services Outage Following Genesis Withdrawal Freeze
Gemini – the crypto exchange founded by the Winklevoss twins in 2014 – experienced sweeping service disruptions shortly after Genesis froze customer withdrawals on Wednesday. The firm later clarified...
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...
AAX Exchange Clarifies Withdrawal Halt Due to System Upgrade
12 seconds ago | 2 mins read Exchange News Some others were worried that the exchange would go the way of FTX and BlockFi. AAX vice president Ben Caselin acknowledged the upgrade’s inconvenient timing...
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges – Exchanges Bitcoin News
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the foref...
FTX investigating suspicious $600 million withdrawal – crypto.news
FTX is investigating reports of suspicious transactions related to the withdrawal of hundreds of millions of dollars from the platform, according to FTX US general counsel Ryne Miller on Twitter. Mor...
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors – Bitcoin News
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. e...
FTX U.S Plans To Enable Withdrawal of Ethereum and MATIC
10 seconds ago | 2 mins read Exchange News As per SBF, the outage is limited to FTX International. Recently FTX filed for bankruptcy. On Friday, FTX announced that ETH withdrawals will once again be a...
FTX US To Resume Ethereum (ETH) And MATIC Withdrawal
Crypto exchange FTX on Friday said the Ethereum (ETH) withdrawals on FTX US will resume soon. Moreover, users looking to withdraw Polygon (MATIC) need to cancel their pending withdrawals and request a...
Liquidity Crunch: Tron-based Tokens Surge as FTX Users Try Withdrawal Alternatives
Tron and Tron-based tokens have surged between 500% and 4000% on the FTX exchange as the exchange pursues alternative options to get out of its liquidity crunch. The surge started after FTX announced ...