The Central Bank of Nigeria (CBN) issued a directive according to which locals can withdraw a maximum of $225 per week from ATMs. The institution raised hopes that it could stimulate the usage of mobi...
Tag: Withdrawals
Nigeria Limits Cash Withdrawals to $45 per Day in CBDC, Digital Banking Push
Nigeria has imposed limits on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira. In a letter to banks and other fina...
Ethereum Developers Confirm Shanghai Upgrade Will Enable Staked ETH Withdrawals
– Advertisement – Ethereum stakers will be able to withdraw staked ETH. Ethereum developers, in a recent call, confirmed that they will roll out the Shanghai upgrade without EIP 4844 to el...
Nigeria Limits Cash Withdrawals in CBDC Push
The Central Bank of Nigeria is attempting to drum up the use of its central bank digital currency, or CBDC, by enforcing limits on the amount of cash citizens can withdraw from their local banks. Nige...
Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week
To further its “cash-less Nigeria” policy and promote the usage of the eNaira, Nigeria’s Central Bank’s Digital Currency, the country has dramatically curtailed the amount of cash that people and busi...
Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
Nigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the use of the eNaira — Nigeria’s Central ...
Nigeria Restricted ATM Withdrawals to Promote CBDC Adoption
11 seconds ago | 2 mins read Bitcoin News Nigeria urged citizens to use the eNaira and other channels by the central bank. Who breach the limits imposed by the government will be charged. Nigeria has ...
Gemini formed an ad hoc committee to advocate for a solution for Earn users amid suspension of withdrawals
In order to resolve the ongoing issues and redeem funds for its earn users, Gemini has formed an ad hoc committee with other creditors. Earn Update: On Saturday (December 3, 2022), Gemini formed an ad...
Raged AAX Users storm Lagos Office After Withdrawals Halted
AAX halted customer withdrawals bringing difficulties at the Lagos office in Nigeria. President resigned amid the troubled situation. Let’s know what the regulatory body SiBAN noted about the matter....
FTX Japan to Unfreeze Client Funds and Allow Withdrawals
FTX Japan has announced plans to allow customers to withdraw funds from the exchange soon, meaning they will be among the first to get their money back. FTX investors to have been unable to withdraw t...
Binance Pauses Withdrawals Amid $5M Ankr ‘Infinite Mint’ Hack
Binance CEO Changpeng Zhao announced that the crypto exchange had paused withdrawals linked to a recent attack on Ankr. “Initial analysis is developer private key was hacked, and the hacker upda...
FTX Japan plan to resume customer funds withdrawals approved
FTX Japan is seeking to resume withdrawals after its parent, the defunct FTX exchange, authorized a plan to repay deposits. Users of the collapsed crypto exchange in Japan may be among the first clien...
Binance Temporarily Pauses Withdrawals Post Ankr Hack
12 seconds ago | 2 mins read Exchange News The hacker used aBNBc token’s smart contract to generate a limitless supply of the token. Since the assault, the token’s price has dropped 99.5%. As a result...
FTX Japan to Unfreeze Withdrawals of Client Funds
Japanese users of failed crypto exchange FTX might soon be able to withdraw their funds as the Japanese subsidiary said it is working to make funds available to their customers. FTX as a whole suspend...
Japanese Customers’ Cash and Crypto not Part of FTX Japan’s Estate, Will Resume Withdrawals
The Japanese arm of the troubled cryptocurrency exchange FTX is set to resume customer withdrawals after scoring important clarifications with Japan’s Financial Services Authority. According to a new ...
Over $5M Stolen From Ankr Protocol, Binance Pauses Withdrawals
Another multi-million dollar hack has hit the decentralized finance space. The latest victim is BNB Chain-based DeFi protocol – Ankr. Initial reports suggest that a vulnerability in its code that enab...
Blackstone Limited Withdrawals From Its Huge Retail REIT, Stock Slumps
Blackstone is limiting withdrawals from its huge retail real estate investment trust after a sharp rise in redemption requests from investors. In a letter posted on the Blackstone Real Estate Income T...
SBF Says FTX US Should be Solvent, Unsure Why Withdrawals Not Enabled
Sam Bankman-Fried is doubling down on his claim that FTX US should never have filed for bankruptcy. The former FTX boss believes the US entity is still entirely solvent and could re-open for withdraw...
SBF Claims FTX US Is Fully Solvent & Withdrawals Could Open Today
2 hours ago | 2 mins read Editors News SBF thought that Ledger X and FTX US derivatives would “even be up and operating right now.” He stated that the majority of his donations were for pandemic preve...
FTX US is Completely Solvent and Withdrawals Are Open
The post FTX US is Completely Solvent and Withdrawals Are Open appeared first on Coinpedia Fintech News Sam Bankman-Fried, also known as SBF, commented on the FTX US’s solvency in a recent inter...
Hardship withdrawals from 401(k)s reach ‘concerning’ all-time high, Vanguard says
Amid stubbornly high inflation, a record-breaking share of Americans are turning their 401(k) accounts into emergency piggy banks, according to Vanguard. Dissecting data from a sample of the approxima...
Bitcoin Withdrawals to Be Temporarily Suspended on Binance on This Date
Binance will temporarily suspend Bitcoin deposits and withdrawals on Dec. 1, as it intends to carry out its usual wallet maintenance. In a new tweet, crypto exchange Binance has notified its users of ...
Gemini Crypto Pauses Withdrawals, Fallout Continues From FTX Collapse
| Getty Images Key takeaways The Gemini exchange had to pause withdrawals after the FTX collapse caused a ripple effect on the cryptocurrency space. Investors fear that Genesis, the lending partner of...
Fear of ‘angry people’ drove Bankman-Fried to open withdrawals for Bahamians
FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users. In a telep...
Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview
“It was a combination of the crash in the spring that took 50% out of asset values, combined with a hyper-correlated crash scenario this month in which simultaneously we saw a 50% decline in rel...
WETH FUD Is All a Joke, ETH Withdrawals Still a Priority
Crypto pros like to have a laugh, sometimes at neophytes’ expense. But when the joke is obscure enough — in this case wrapped ether memes — it can have real consequences. Over the weekend, crypto Twit...
Crypto Lending Platform Freeway Halts Customer Withdrawals
It’s happened again, folks. Another digital currency exchange has decided to halt all withdrawals, thus preventing its customers from gaining access to their assets. This time around, the company in q...
Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit
Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101 million) from the protocol, allowing arbitrageurs to profit from the situation...
CoinList denies insolvency rumors, claims technical difficulties causing issues with withdrawals
Crypto exchange CoinList on Nov. 24 said it was not insolvent, despite its users reporting their inability to withdraw assets. 1/ There is a lot of FUD going around that we would like to address head ...
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, s...
Coinlist That Suffered from 3AC Crash Halts Withdrawals, Here’s What Is Known
Yuri Molchan Coinlist has paused deposits and withdrawals for certain coins, here’s what may be happening Contents Here’s why Coinlist has frozen withdrawals Is Coinlist on verge of bankru...
Ethereum Staking Withdrawals Testing Begins, Price Rebounds
The ETH price rebounded following Ethereum staking withdrawals entering the testnet stage. The full launch will come in the Shanghai upgrade. The ETH price is beginning to see some upwards momentum, j...