Ethereum developers have finally begun testing the withdrawal of staked ETH with the launch of a new developer network. The development is significant, marking the first steps towards enabling Beacon...
Tag: Withdrawals
Ethereum client teams test staking withdrawals on devnet
Ethereum developers have released a developer network to test validator staking withdrawals, a feature currently missing on the network. Ethereum developer Marius Van Der Wijden said the devnet ...
Gemini Still Working With Genesis, Digital Currency Group to Unlock Earn User Withdrawals
There is still no word on when users of Gemini’s Earn service will be able to withdraw their funds, but this morning the exchange tweeted it’s continuing “to work with [lending partner] Genesis and it...
FTX Japan Will Allow Withdrawals Sometime in December, Reports State
Following a government directive to suspend customer withdrawals, FTX Japan is working towards resuming such operations by the end of 2022. FTX Japan says that it will resume customer withdrawals by t...
FTX Japan May Resume Withdrawals by December: Report
Sam Bankman-Fried’s FTX empire has collapsed, but its Japanese outpost aims to allow customer withdrawals again by the end of the year. According to a report from Japanese news site NHK, an FTX Japan ...
FTX Japan to Enable Customer Withdrawals Before the End of 2022 (Report)
Despite the ultimate crash of FTX, the Japanese subsidiary of the company reportedly plans to allow client withdrawals by the year’s end. The fiasco of Sam Bankman-Fried’s exchange became one of the m...
FTX Japan plans to resume withdrawals by 2023: Report
Crypto exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals by the end of 2022. According to a Nov. 21 report from Japan-based news outlet NHK, FTX Japan has been maki...
FTX Japan Reportedly To Resume Withdrawals by Year End
11 seconds ago | 2 mins read Exchange News FTX Japan officials claimed that the company is working to resume withdrawals. As of November 10th, the Japanese division has deposited around $138 million. ...
FTX Japan Preparing to Allow Withdrawals by Year End: Report
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Investors file lawsuit against Nexo alleging blocked withdrawals
A family of investing entrepreneurs are suing Nexo for preventing them from withdrawing their funds and claim they were intimidated into selling crypto assets back to the lender at a 60% discount. Nex...
FTX Japanese subsidiary preparing to resume withdrawals by year end: NHK
FTX Japan plans to resume customer withdrawals by the end of the year, according to Japanese public broadcaster NHK. Withdrawals cannot be resumed immediately as the exchange uses the same suspe...
FTX Japanese Arm to Resume Withdrawals by Year-End
FTX Japan, the Japanese arm of bankrupt cryptocurrency exchange FTX, is planning to resume withdrawals by the end of this year, according to a report by a local media outlet that cited a statement fro...
FTX Japan To Resume Withdrawals This Year
Crypto exchange FTX Trading’s Japanese arm FTX Japan plans to resume withdrawals by the end of this year. While the withdrawals are currently suspended, FTX Japan’s executive said on Monday that the t...
FTX Japan plans to resume withdrawals by year-end
FTX Japan, the Japanese subsidiary of Sam Bankman-Fried cryptocurrency exchange, is aiming to reopen withdrawals for local customers, according to the company’s executive interviewed by Japan’s NHK. ...
FTX-acquired Liquid pauses trading five days after suspending withdrawals
Crypto exchange Liquid stopped trading on its platform only five days after suspending fiat and crypto withdrawals on the platform. “We have been instructed by S&C (law firm Sullivan ...
Genesis Sought $1B Bailout From Investors Before Halting Withdrawals: Report
Crypto lender Genesis tried to raise a $1 billion loan from investors to avoid a “liquidity crunch” driven by the fallout from crypto exchange FTX’s collapse, according to a Wall Street Journal report...
Genesis’ Lending Arm Halted Withdrawals After Failing To Raise $1B
Exchange News Genesis said the 3AC debt “negatively impacted” the liquidity of its lending arm. The firm said it will have to halt withdrawals from its lending arm on Wednesday. According to a report ...
Institutional Crypto Lender Genesis Asked for $1,000,000,000 Emergency Loan Before Halting Withdrawals: Report
The Wall Street Journal reports that the institutional crypto lender Genesis asked investors for an emergency loan of $1 billion before announcing that clients would temporarily be unable to take out ...
Genesis sought $1 billion loan before pausing withdrawals
Crypto lender Genesis was seeking a $1 billion emergency loan just before suspending customer withdrawals on Wednesday. Emergency loan Citing a lack of liquidity as the reason, cryptocurrency lending ...
Gemini suspends withdrawals for its EARN program, Is it also on the edge of bankruptcy?
Gemini, a regulated cryptocurrency exchange has temporarily suspended the withdrawals. Now the question arises… is it safe to keep your assets on this platform? In line with the PR team of the Winkle...
Genesis Suspending Client Withdrawals for Lending Arm Citing ‘FTX Impact’
On Wednesday morning, Genesis announced to clients that it would pause withdrawals from its lending arm, citing “unprecedented market turmoil” due to the now-bankrupt crypto exchange FTX. ...
Genesis Global Suspends Withdrawals Amid Crypto Market Purge
On Nov. 16, Genesis Global Trading announced it would limit activities on the Genesis Trading platform and Gemini Earn application, including withdrawal suspension. The company cited “unprecedented ma...
Crypto Lender SALT Halts Withdrawals After FTX Collapse
Crypto lending platform SALT said it is halting withdrawals today, the latest firm to do so amid the FTX-sparked contagion sweeping across the cryptocurrency landscape. “The collapse of FTX has ...
$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run ⋆ ZyCrypto
Advertisement     Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX col...
Gemini falters on EARN redemption requests due to partner’s suspended withdrawals – crypto.news
U.S leading crypto exchange, Gemini, says redemption of EARN products is being delayed after its partner in the product, Genesis Global, paused withdrawals on its borrowing platform amid the crypto li...
Genesis Global halts withdrawals citing ‘unprecedented market turmoil’
According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining ...
Winklevoss’s Gemini Earn Holds Withdrawals Following Genesis
Yuri Molchan Earn program of Gemini exchange says it will not be able to deliver on its SLA redemptions for customers Disclaimer: The opinion expressed here is not investment advice – it is provided f...
Crypto lending unit Genesis is halting customer withdrawals – crypto.news
According to the latest reports, crypto brokerage Genesis suspends redemptions at its lending unit. The organization says that abnormal withdrawal requests cause that halt in the wake of the bankrupt ...
Genesis Global Capital Suspends Withdrawals and Granting Loans
The crypto lending division of Genesis Trading, Genesis Global Capital, has temporarily paused its withdrawal and loan origination services as it faces “abnormal withdrawal requests” in the wake of th...
Genesis Suspends Customer Withdrawals In Wake Of FTX Collapse
Following the collapse of FTX, the lending division of cryptocurrency investment bank Genesis Global Trading, has temporarily stopped redemptions and initiating any new loans as per the Interim CEO De...