Physical futures crypto exchange CoinFLEX has announced that it will be issuing a Recovery Value USD (rvUSD) token to address recent withdrawal issues. The announcement comes after the exchange had ha...
Tag: Withdrawal
CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues
When asked of a potential bank run on Bloomberg TV Monday evening, CEO Mark Lamb said he’s unconcerned this scenario would occur as customers can withdraw their funds once the new token fundraise is c...
Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil – Exchanges Bitcoin News
Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company t...
Indian Crypto Excange CoinDCX Extends Withdrawal Restrictions to Meet Compliance Requirements
India’s largest crypto exchange by value – CoinDCX – has extended the withdrawal restrictions that have been in place since May 13 until further notice. It said these extreme steps are necessary to im...
Voyager Digital Falls at the Daily Withdrawal Cap to $10,000
The cryptocurrency industry seems to be experiencing more unrest daily. With the new addition of the Three Arrows Capital (3AC), the problems seem to be continuously growing. A very recent update on t...
BlockFi to Increase Deposit Rates, Removes Free Monthly Withdrawal
BlockFi CEO, Zac Prince, announced Friday that the crypto lender would increase deposit rates and rescind a policy permitting one free withdrawal per month. This announcement comes after BlockFi had p...
Three Arrows-Exposed Voyager Digital Slashes Daily Withdrawal Limit by More Than 50%
Trading platform Voyager Digital has slashed its daily withdrawal limit to $10,000 from $25,000 following news of its exposure to struggling crypto hedge fund Three Arrows Capital. Voyager announced...
CoinFLEX Exchange Pauses Withdrawal Citing Extreme Market Conditions
Exchange News More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange, ha...
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits » CryptoNinjas
Vaultoro, the cryptocurrency-based gold & precious metals exchange, today announced new updates and platform enhancements for users. See below for more details: Limits – Daily limits on Vaultoro h...
Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
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Voyager Digital reduces withdrawal limits to $10,000 amid 3AC exposure risk
? Want to work with us? CryptoSlate is hiring for a handful of positions! Voyager Digital recently announced a $200 million loan from Alameda Ventures amid publicizing a $612 million exposure to Three...
Celsius Network Offered Proposed Recovery Plan by BnkToTheFuture Following Withdrawal Shutdown
The Celsius Network received a tentative plan from a former lead investor to deploy financially innovative countermeasures for recovery. Simon Dixon, founder of Web3 investment firm BnkToTheFuture, ha...
Celsius in Talks with SEC About Withdrawal Freeze as Investigations Get Underway: Fox Reporter
Tomiwabold Olajide Celsius Network is in communication with United States Securities and Exchange Commission (SEC) As reported by Fox business correspondent Eleanor Terrett, Celsius Network is in comm...
Fundraising Rounds with Aqualis and Revoland, Musk in a $258 Billion Lawsuit, Probes on Celsius Withdrawal Halt – crypto.news
According to recent reports, Aqualis DAO is currently conducting its seed sale, intending to raise $3 million. Aqualis DAO Ongoing Seed Sale On their Twitter page, the platforms noted that: “@Aqualis...
Finblox withdrawal restrictions trigger concerns from the community
Finblox, a crypto-staking platform backed by Three Arrows Capital (3AC) has paused reward distributions and tightened its withdrawal limits. Following this, community members expressed concerns over t...
Crypto Saving App Pauses Reward Distributions and Changes Withdrawal Limits Amid 3AC Fiasco
Finblox, a high-yield crypto savings platform, has announced that it has halted its user reward system and altered withdrawal limits. The platform cited the prevailing “highly volatile market” as the ...
State Regulators Across the US Are Probing Celsius Network (CEL) After Withdrawal Freeze This Week: Report
Regulators in nearly half a dozen US states are looking into what caused popular crypto lending platform Celsius Network (CEL) to halt withdrawals last weekend. According to a new report from Reuters,...
Regulators in Five States Target Celsius Over Withdrawal Freeze: Report
Securities regulators in five states have set their sights on crypto lending company Celsius Network over its decision to suspend customer withdrawals this week, according to a report by Reuters. Jose...
Is the restoration of the AEX imminent after the 36-hour life-and-death crisis following the suspension of coin withdrawal?
Recently AEX Global has been in turmoil, during the 9th anniversary events there was a problem with medium and long term capital commitment and short term capital withdrawal. This made headlines in th...
Multiple Probes Ongoing Over Celsius Withdrawal Pause
Following an announcement earlier this week to halt user withdrawals, the lending platform is attracting scrutiny from authorities. On Tuesday, Celsius Networks paused withdrawals on its platform stat...
TronDAO to initiate a 3 billion withdrawal to guard TRX’s value
? Want to work with us? CryptoSlate is hiring for a handful of positions! TronDAO announced it would be withdrawing another 3 billion TRX from a CeFi and DeFi lending platform. It, however, failed to ...
Celsius users share harrowing posts as withdrawal freeze extends to fourth day
? Want to work with us? CryptoSlate is hiring for a handful of positions! Four days since Celsius Network paused withdrawals, swaps, and transfers between accounts, there remains no indication of rein...
Celsius Hires Restructuring Attorneys After The Withdrawal Cease
Celsius, a crypto lending firm, froze their withdrawals on Sunday and now has hired restructuring attorneys from a law firm in order to get assistance about the current financial condition. Citing “ex...
Celsius Market Cap Sank $290 Million in May, Even Before Withdrawal Freezes
Celsius (CEL) was one of the hardest-hit cryptocurrencies in May’s market crash and continues to decline in June after a huge sell-off by whales. Celsius has come under scrutiny by market commentators...
German fintech Nuri’s bitcoin interest product affected by Celsius withdrawal freeze
Crypto lending platform Celsius’s withdrawal freeze has affected a bitcoin interest product offered by German fintech firm Nuri, according to a Monday announcement. Nuri, formerly known as Bitwa...
Did Nexo know already about Celsius’ trouble before its freezing withdrawal?
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Binance announces withdrawal of support for anonymous Litecoin transactions
? Want to work with us? CryptoSlate is hiring for a handful of positions! Binance has announced that it will not support Litecoin transactions made through the MimbeWimble Extension Blocks function. T...
Celsius Rival Nexo Offers Acquisition Bid With an Expiry Date Amid Withdrawal Halt
2 hours ago | 2 mins read Defi News In effect, it has drafted an offer to Celsius in the form of an intent letter. Celsius said today that it stopped withdrawals, swaps, and transfers. The Celsius eve...
Nexo offers to buy out Celsius’ loans amid withdrawal suspension
There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out. A Nexo representative told Cointelegraph that Nexo is tryin...
Did Celsius’ Withdrawal Trigger The Terra/ LUNA Collapse? Claim & Response
Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytic...
Paypal Allows Withdrawal of Bitcoin and Ethereum to Personal Wallets
PayPal users with Bitcoin and Ethereum held on the platform can now withdraw their holdings to external wallets. This means that PayPal buyers can finally self-custody their coins – a paramount featur...