In the latest sign of fallout from the collapse of the digital asset exchange FTX, crypto lending platform BlockFi now says it has stopped allowing its customers to withdraw funds. The company just po...
Tag: Withdrawal
FTX and Tron Have Launched a Highly Suspicious Withdrawal Scheme
Key Takeaways FTX is enabling its users to withdraw their funds, but only if they buy select tokens from the Tron network. These tokens—TRX, BTT, JST, SUN, and HT—are trading at a steep mark-up on FTX...
Hodlnaut Held Up to $13M on FTX Prior to Withdrawal Halt
The collapse of the FTX Derivatives Exchange has stirred a lot of awakening for several digital currency trading platforms and investors. One of the entities that may be significantly impacted by this...
Embattled crypto lender Hodlnaut held $13 million on FTX before withdrawal freeze
Troubled Singapore-based crypto lender Hodlnaut held assets worth $13.1 million (S$18.4 million) as of October 25 on the collapsed cryptocurrency exchange FTX. It is unclear whether Hodlnaut’s manager...
Market in Shambles as FTX Withdrawal Uncertainty Runs Rampant
Crypto markets are retracing in the wake of looming uncertainty about the state of FTX’s financials. Reports are mixed about whether the exchange is able to process withdrawals, with some suggesting t...
FTX Exchange Fixes Withdrawal Complaints From Users During High Token Activity
Amid the decline of its token FTT, FTX is currently experiencing backlashes from users over slow withdrawals. Given the complaints, the crypto exchange responded on its official Twitter account, assur...
FTX addresses user withdrawal complaints amid major token movement
Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node t...
After The Hot Wallet Hack, Deribit Reopened Regular Withdrawal
Deribit, Leading cryptocurrency Options and Futures Exchange, recently announced its “hot wallet” hack for USD 28 Million on November 2, 2022, evening, just before midnight UTC on November 1, 2022. Af...
Crypto Staking Platform Freeway Ceases Withdrawal Services
Defi News Freeway’s native token, FWT, plummeted by more than 77%. German crypto bank Nuri informed its 500,000 customers to withdraw their assets. The crypto sector has been shaken to its foundation ...
Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex – Bitcoin News
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the amount of foreign exchang...
Celsius: suspected withdrawal of 42 million dollars
Celsius executives allegedly withdrew about $42 million in cryptocurrency before blocking customer withdrawals. This was reported by Bloomberg Law citing documents filed in the Bankruptcy Court for t...
Celsius’ Top Brass Redeemed Millions Weeks Before Withdrawal Freeze
Celsius’ disclosure to court follows resignations from Mashinsky and Leon Several other executives made no significant withdrawals around the same time, transaction details showed The highest-ranking ...
Coinbase: withdrawal problems yesterday – The Cryptonomist
The well-known US exchange Coinbase had problems with deposits and withdrawals yesterday. Problems with Coinbase deposits and withdrawals resolved promptly A notice had appeared on the site’s status ...
Report Celsius Ex-CEO Mashinsky Withdrew $10 Million in May, Weeks Before Withdrawal Pause: Report
Celsius Network founder Alex Mashinsky, who resigned as the CEO of the embattled Defi platform on September 27, reportedly withdrew $10 million in May, just weeks before the company froze withdrawals ...
Celsius’s former CEO withdrew $10 million before the firm’s bankruptcy: FT
Celsius Network founder and ex-CEO Alex Mashinsky withdrew $10 million before the company froze customer withdrawals and ultimately declared bankruptcy, the Financial Times reports. Citing people fami...
Nexo Clarifies Over $153M Worth Wrapped BTC Withdrawal
2 seconds ago | 2 mins read Defi News Earlier, officials in Kentucky claimed that Nexo was insolvent. Nexo created three loans and sent $530 million to MakerDao. A cryptocurrency wallet address identi...
Justice Department seeks to block withdrawal motion in Celsius case
The representative for the Department of Justice in the Celsius bankruptcy case is looking to block the firm’s attempt to reopen withdrawals for certain customers until after an independent inve...
DOJ Official Objects to Withdrawal Request by Celsius Network
Defi News U.S. Trustee William K. Harrington filed paperwork with the court. Harrington criticized Celsius’s timing for releasing the money. Resuming withdrawals is a top priority for Celsius, but the...
Ethereum Foundation Eliminates the Estimated Withdrawal Timeframe for Staked ETH – crypto.news
Ethereum holders will have to wait for clarified information on when they can withdraw their staked ETH after eliminating the dates from Ethereum Foundation’s official website. The Merge Ethereum has ...
Tellurian Stock Sinks on Withdrawal of Bond Sale for LNG Project
Text size Tellurian said it withdrew the bond deal “due to uncertain conditions in the high-yield market.” Spencer Platt/Getty Images Tellurian shares were tumbling Tuesday after the natur...
Poolin Will Provide ‘IOU’ Tokens After Withdrawal Freeze –
The Bitcoin Mining Pool, Poolin, will issue IOU (I Owe U) tokens. The withdrawal of this IOU token is unlimited. On September 4, 2022 the firm suspended all withdrawals to preserve assets and stabiliz...
U.S. Treasury Releases Fund Withdrawal Guidelines – crypto.news
The United States Treasury Department has made it clear that U.S. residents and citizens who were unable to withdraw their crypto assets before the Tornado Cash ban on August 8 can now request a speci...
Binance Announces LUNC, USTC Deposit And Withdrawal Changes
The world’s largest crypto exchange Binance on Friday said the deposits and withdrawals of Terra Classic (LUNC) and TerraClassicUSD (USTC) will be suspended from September 7 at 00.00 UTC due to the cl...
BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real...
Crypto Exchange Zipmex Sanctioned Limited Withdrawal
26 mins ago | 2 mins read Editors News Zipmex restored users’ access to their balances, allowing them to withdraw 0.08 ETH. On August 16, users will also be able to withdraw 0.0045 BTC. Zipmex, a rec...
German crypto bank Nuri files for bankruptcy, says withdrawal services are running normally
Nuri, a crypto startup bank based in Germany, has filed for bankruptcy. The firm had around 500,000 customers before this filing. It attributed the decision to the crypto bear market and the liquidity...
Hotbit Shuts Down Trading, Deposit, and Withdrawal Services Indefinitely
– Advertisement – Leading cryptocurrency exchange Hotbit has announced that it will be suspending some of its important services indefinitely. According to the exchange, services such a...
Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange
Alex Dovbnya Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waive...
Voyager Digital Gets Court Approval For Withdrawal Reopening
Troubled crypto lending firm Voyager Digital announced it will enable cash withdrawals on Thursday after the court had approved it. Customers with cash in their accounts can expect withdrawals to reop...
Voyager Digital Likely to Resume Withdrawal From August 11
Earlier on Thursday, Judge Michael Wiles of the U.S. Bankruptcy Court in New York ruled in the favor of Voyager Digital, to receive access to the funds in its custodial wallets to return the $270 mill...
Voyager approved to return $270 million in cash deposits to customers
The bankruptcy court deciding Voyager’s Chapter 11 case gave its approval for the firm to return up to $270 million to customers. Judge Michael Wiles, who is presiding over Voyager’s case ...
CoinFLEX says it has laid off staffers to cut costs by 50-60%
Crypto exchange CoinFLEX has let go of a “significant” portion of its team in an attempt to cut operating costs as it seeks a full recovery since halting withdrawals last month. The firm ...