Crypto Market, FTX Withdrawals News Updates: The cryptocurrency market reacted positively to the news of FTX opening withdrawals, following prolonged bearish momentum earlier in the week. On chain dat...
Tag: Withdrawals
BlockFi Suspends Withdrawals Following FTX Crisis
Crypto lender BlockFi has suspended business following the collapse of crypto exchange FTX. The company announced on Twitter that they have suspended withdrawals and normal business operations due to ...
BlockFi suspends withdrawals after FTX collapse
Crypto lender BlockFi suspended withdrawals and will not be able to operate business as usual given the lack of clarity over the status of FTX, the company said on Twitter. “We are shocked and d...
Galaxy Digital Unveils $77 Million Investment in FTX, $48M Potentially Locked in Withdrawals
FTT, the Native token of FTX, collapsed on 8 November 2022. Galaxy Digital released its quarterly earnings on 9 November 2022 and noted that $76.8 million exposure to troubled crypto exchange FTX con...
FTX Once Again Processing Withdrawals, On-Chain Data Shows
Struggling crypto exchange FTX appears to be processing withdrawals again, according to publicly available blockchain data. Data from Etherscan – an explorer for analyzing transactions on the Ethereu...
FTX Re-enables Withdrawals, But Only in Bahamas
FTX.com paused processing withdrawals on the platform Tuesday as its solvency crisis became acute, and executives search for new funding. Earlier today, blockchain analytics platform Nansen first not...
BlockFi Halts Withdrawals Due to FTX Collapse
Key Takeaways BlockFi has announced that it will halt withdrawals following uncertainty around FTX’s financial standing. The company said that it will post updates on the situation, but that the...
BlockFi Pauses Withdrawals – Trustnodes
BlockFi, a centralized entity that provides USD loans on crypto collateralization, has announced they’re pausing withdrawals. The company said they are “shocked and dismayed” by the events unfolding a...
FTX sees $8 million in withdrawals, but crypto traders remain skeptical
UPDATE (3:05 p.m. ET): Zane Tackett, FTX’s former head of institutional sales, wrote on Twitter earlier today: “Per our Bahamian HQ’s regulation and regulators, we have begun t...
FTX appears to be processing withdrawals again, on-chain data show
Beleaguered crypto exchange FTX appears to have begun processing withdrawals again, following a more than 48-hour shutdown. Block explorer Etherscan shows that withdrawals began leaving the exch...
FTX Re-Open Withdrawals? Reports Of Successful Transactions
Crypto exchange FTX has begun processing withdrawals, according to reports from users and the crypto community. A few minutes ago, the crypto trading venue CEO, Sam Bankman-Fried, Data from Arkam Inte...
Update: On-chain data suggests FTX has resumed withdrawals
FTX is allowing withdrawals again even as the future of the troubled crypto exchange remains more of an uncertainty. On-chain data on the block explore Etherscan shows withdrawals on FTX were being pr...
Tron Founder Justin Sun Working With FTX To Resume Withdrawals
Tron founder Justin Sun on Thursday said the team is working with beleaguered crypto exchange FTX on a solution to solve the situation at the crypto exchange. Justin Sun later announced that TRX tradi...
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
In its latest quarterly earnings call on Nov. 9, blockchain financial services firm Galaxy Digital disclosed that it had an exposure of $76.8 million consisting of cash and digital assets to troubled ...
Crypto.com Suspends Withdrawals, Deposits On Solana Chain
Crypto.com withdrawals, deposits news updates: Citing recent industry events, crypto.com informed customers it suspended deposits and withdrawals of USDC and USDT on Solana blockchain. The move comes ...
Why Did FTX Pause Withdrawals if It Wasn’t Trading Customer Funds?
Yesterday was one of the most head-spinning days in the entire history of the cryptocurrency industry, with Changpeng Zhao’s Binance signing a letter of intent to acquire, and effectively bail out, Sa...
FTX Allegedly Stops Processing Withdrawals
Alex Dovbnya One of the largest cryptocurrency might have stopped processing withdrawals, according to on-chain data Cryptocurrency exchange FTX has allegedly stopped processing withdrawals. Earlier ...
FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals – Bitcoin News
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawa...
FTX ‘effectively paused’ withdrawals, CEO Sam Bankman-Fried tells employees
FTX.com effectively paused withdrawals, CEO Sam Bankman-Fried told staff via Telegram, according to Reuters. The exchange — which Binance has struck a deal to acquire — experienced around $6 bi...
FTX Limiting Withdrawals to $1,000, Users Report Technical Issues
Arman Shirinyan It’s not best day for one of biggest cryptocurrency exchanges in world Contents Is FTX solvent? Panic or reasonable concern? The battle of Binance against FTX that turned into a ...
FTX Appears to Have Stopped Processing Withdrawals
The chaos continues. According to on-chain data, cryptocurrency exchange FTX appears to have stopped processing withdrawal requests. Cryptocurrency exchange FTX currently finds itself in an ongoing ba...
FTT slumps 25% amid massive withdrawals from FTX – crypto.news
FTX’s native token FTT continues to plummet as rumors about the crypto exchange’s possible insolvency continue to make the rounds. FTT plunges 25% The price of FTT declined more than 25% on Tuesday, f...
Two hours without withdrawals puts FTX’s liquidity in question
On-chain data has shown that FTX has stopped processing withdrawals for around two hours. According to data analyzed by CryptoSlate, the last outgoing transaction from FTX on Ethereum was recorded at ...
FTX appears to have stopped processing withdrawals, on-chain data show
Crypto exchange FTX, which is currently fighting a battle with rival Binance, seems to have stopped processing clients’ requests for withdrawals, according to on-chain data. The last outgo...
FTX halts ERC-20, Solana, and Tron withdrawals
Listen to this article. FTX has stopped processing withdrawals of ERC-20 tokens, Solana, and Tron since earlier this morning. This comes amidst a renewed focus on the financial position of FTX, Alamed...
FTX Halts Users Withdrawals Instantly? Exchange Under Siege
Per a report from TheBlock, crypto exchange FTX halted withdrawals from its platform. The report uses Etherscan data to support its claim. The Sam Bankman-Fried led exchange is currently battling with...
Bitcoin Falls Below $20,000 After Twitter Row Between Billionaire Crypto Executives Triggers Withdrawals From FTX
Topline The price of bitcoin fell below $20,000 on Monday—dropping alongside other major cryptocurrencies—amid concerns about the financial health of FTX, one of the world’s largest cryptocurrency exc...
FTT Tanks 28% as FTX Exchange Struggles to Process Withdrawals
Key Takeaways FTX’s FTT token has broken critical support at $21. The downward move was spurred by a loss of confidence in the FTX exchange. FTX users have been withdrawing funds from the exchan...
FTX Withdrawals Smooth Despite Massive FTT Liquidations – crypto.news
Massive liquidations of FTT tokens have occurred as a result of Binance selling its initial ownership of the token. In response to the recent events, SBF assured that withdrawals were operating normal...
FTX stablecoin withdrawals surge amid liquidation claims
FTX crypto exchange has recorded a surge in stablecoin withdrawals amid crowing unsubstantiated fears surrounding the exchange’s financial status. According to Nansen data, more than $451 million in s...
FTX Chief SBF said That All Withdrawals on the Platform Are Fine
On Sunday, November 6, Binance chief Changpeng Zhao announced that the exchange would be dumping all FTX tokens (FTT). Binance took an exit from FTX equity last year as a result of which it received $...
Deribit crypto exchange halts withdrawals amid $28M hot wallet hack
Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack. Deribit exchange got its hot wallet compromised before midnight UTC on Nov. 1,...