Crypto exchange platform Voyager Digital is announcing a halt on all trades, deposits and withdrawals after one prominent borrower failed to repay its debt. Voyager CEO Stephen Ehrlich says that the c...
Tag: Withdrawals
KuCoin CEO dismisses rumors of halting withdrawals, reserves right to legal action
Cryptocurrency exchange KuCoin today denied “rumors” suggesting that the company might halt withdrawals owing to losses suffered amid recent market turmoil. Johnny Lyu, the CEO of KuCoin, tweeted tha...
Crypto Firm Voyager Temporarily Suspends Withdrawals, Deposits, and Trading – crypto.news
Voyager Digital today announced it had suspended trading, deposits, withdrawals, and loyalty rewards on its platform. Voyager Suspends Crypto Trading and Withdrawal In an announcement made today, cryp...
Voyager Digital suspends withdrawals, deposits and trading
Crypto company Voyager Digital said it was “temporarily suspending trading, deposits, withdrawals and loyalty rewards” as of 2 p.m. ET on Friday. The move comes days after Voyager issued a...
Voyager Latest Lender to Suspend Deposits and Withdrawals
Voyager Digital joins the growing list of crypto firms suffering liquidity issues as it announced the suspension of trading, deposits, withdrawals, and rewards. According to the announcement, this wil...
Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default
Cryptocurrency exchange Voyager Digital announced Friday that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. “The failure of a borrower, Three Arrows Capital, to rep...
Babel Finance Is Hiring US Investment Bank Houlihan Lokey After Announcing Withdrawals Halt
According to the latest reports, Babel Finance, a crypto lender, is hiring Houlihan Lokey, a US investment bank following the halt of withdrawals and liquidity issues. A source familiar with the matte...
No Withdrawals Have Been Halted, Claims KuCoin
KuCoin, a cryptocurrency marketplace, has absolutely denied allegations that they were limiting transactions on their network due to massive losses sustained as a result of the LUNA crash. Johnny Lyu,...
KuCoin boss denies halting withdrawals 1
KuCoin, a renowned crypto exchange platform, has come out to refute all claims that it has halted withdrawals across its platform. According to several rumors in the last couple of days, KuCoin suffer...
Voyager Looks To Tow The Same Path As Celsius, Halts Customer Withdrawals And Deposits
– Advertisement – Voyager Halts Customer Withdrawals And Deposits. In a press release on Friday, Voyager reveals that it is halting customer trading, withdrawal, deposits, and loyalty re...
3AC Files for Bankruptcy as Voyager Digital Suspends Withdrawals
A Chapter 15 bankruptcy is a move that protects a firm’s U.S. assets while liquidation is carried out in the British Virgin Islands. Additionally, it prevents creditors from seizing assets in the Unit...
Crypto Exchange KuCoin Denies Rumours of Them Halting Exchange Withdrawals
Cryptocurrency exchange KuCoin has completely refuted rumors that suggested that them halting withdrawals on their platform owing to heavy losses suffered due to the LUNA collapse. Johnny Lyu, the CEO...
Voyager Digital suspends trading, deposits, withdrawals
Effective immediately, Voyager Digital has suspended all activity, including trading, deposits, withdrawals, and rewards. The company’s share price fell 38% following the news, while its native token ...
Voyager Digital Temporarily Suspends All Trading, Withdrawals and Deposits
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Voyager Digital suspends trading, deposits, and withdrawals
Canadian crypto broker Voyager Digital (VYGVF) suspended trading, deposits, withdrawals, and loyalty rewards, according to a statement released by the firm Friday afternoon. The decision comes after t...
Voyager Digital Halts Withdrawals and Other Services
Key Takeaways Voyager Digital announced today that it will temporarily suspend withdrawals and most other services. The company faced a liquidity crisis last month, as Three Arrows Capital defaulted o...
TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals – Bitcoin News
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard...
This Is Why CoinFlex May Not Resume Crypto Withdrawals This Thursday
Crypto exchange, CoinFLEX might not lift the ban on user withdrawals just yet. The exchange had put a halt to crypto withdrawals last month and was supposedly ready to resume the withdrawals this week...
CoinFlex CEO Says Exchange Unlikely To Start Withdrawals Since Thursday As Originally Planned
On Wednesday, Mark Lamb, the CEO of CoinFlex, a crypto exchange, and popularly known as the “home of crypto yield” informed that the withdrawals will not start from Thursday, as per the original plan....
Restoring Withdrawals Could Take More Time Than Expected CoinFlex CEO Says Restoring Withdrawals May Take More Time
Crypto derivatives exchange CoinFlex is unlikely to restore withdrawal services on its platform on Thursday as promised by CEO Mark Lamb on Monday. Speaking to CNBC, Lamb clarified that the company ne...
CoinFLEX Takes U-Turn On Resuming Withdrawals, Here’s Why
After promising to resume withdrawals and restore full functionality by the 30th of June, CoinFLEX CEO Mark Lamb now tells CNBC that the exchange will likely not resume the withdrawals by Thursday. Co...
CoinFlex backtracks on resuming withdrawals
CoinFlex will likely not resume withdrawals for its users on June 30, CNBC reported, citing the exchange’s CEO Mark Lamb. Lamb said that the crypto derivatives exchange would not be resuming withdrawa...
CoinFlex Issues New Token by Offering 20% Annual Return amid Halting Withdrawals
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return, according to a report from Bloomberg. The new token is part of an effort to resume withdrawals f...
CoinFLEX Launches $47 Million Token Recovery Plan to Resume Withdrawals
Last week, cryptocurrency derivatives exchange CoinFLEX joined a growing list of digital asset platforms to halt withdrawals due to market uncertainty and issues with its counterparty. The company has...
CoinFlex Plots to Resume Withdrawals by Issuing New Token for ‘Sophisticated Investors’
Barely after a week after suspending withdrawals, CoinFlex is hatching a plan to get back in the good books of customers. The firm eyes a resumption of withdrawals with the launch of a new token to st...
CoinFlex to resume withdrawals after raising funds via new token issuance
Crypto exchange CoinFlex will resume withdrawals after issuing a new token — dubbed Recovery Value USD (rvUSD) — which will offer 20% annual returns to users, the exchange announced in a whitepaper on...
CoinFLEX Halted Crypto Withdrawals. Now It Wants to Sell Its Bad Debt
Key Takeaways CoinFLEX plans to raise $47 million by tokenizing its bad debt and selling it to non-U.S. sophisticated investors. The new token, dubbed “Recovery Value USD” (rvUSD), would y...
CoinFLEX Plans to Issue $47M in Tokens to Resolve Withdrawals Issues
A few days after suspending withdrawals on its platform due to a high net-worth client failing to meet a margin call, crypto futures exchange CoinFLEX is now planning to launch a “Recovery Value USD” ...
CoinFlex Issues New Token by Offering 20% Annual Return as a Solution to Re-enabling Withdrawals
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return, according to a report from Bloomberg. The new token is part of an effort to resume withdrawals f...
Another Crypto Exchange CoinFLEX Pauses Withdrawals
As a consequence of current market conditions and issues involving a counterparty, CoinFLEX, a futures crypto exchange, has halted all its withdrawals on the platforms. On 23 June 2022, Thursday, Mark...
CoinDCX Suspends Deposits and Withdrawals, Citing Compliance Requirements
CoinDCX, an India-based major cryptocurrency exchange, has suspended crypto deposits and withdrawals for various users,citing compliance measures as the reason for the move. After many customers expre...
BlockFi Increased Deposit Rates And Removed Free Withdrawals, Here’s What We Know
Crypto lending platform BlockFi has recently announced that it will be increasing its deposit rates spread across spread across a wide range of cryptocurrencies. It also mentioned that it has decided ...