The past weekend was no less than a nightmare for the crypto space, as market participants and influencers went against Crypto.com. Similar to that of FTX, Crypto.com also had huge CRO and SHIB in the...
Tag: Withdrawals
Bahamas Securities Regulator Says It Didn’t Order FTX to Reopen Local Withdrawals
Crypto exchange FTX was not required to allow Bahamas-based customers to withdraw their funds, a local financial regulator said Saturday. The Securities Commission of the Bahamas (SCB) published a sta...
Mass Withdrawals Clog Crypto.com – Trustnodes
Crypto.com (CDC) is currently facing mass withdrawals after numerous ‘influencers’ said people should withdraw. The catalyst was an ‘accidental’ transfer of 320,000 eth from CDC to Gate.io on October ...
Crypto Exchange AAX Suspends Withdrawals as FTX Failure Reverberates
Crypto exchange AAX said it had suspended activity, citing a scheduled upgrade that had been delayed by turbulent markets. The failure of a third-party partner means services will be delayed for as lo...
No Direction for FTX to Prioritize Bahamian Withdrawals; the SCB Denies
Embattling crypto exchange FTX got another strike when trying to ease some issues. The crypto firm tried to prioritize withdrawals for specific clients and under guidance from the Securities Commissio...
After pausing withdrawals, BlockFi customers are confused and angry
In the aftermath of FTX’s dramatic demise, crypto lending firm BlockFi stunned users with an announcement that it would pause withdrawals. Now, they’re waiting confused and without many an...
Another Crypto Exchange Halts Withdrawals on Heels of FTX Collapse: Details
As reported by Wu Blockchain, a worrisome drama is playing out on the Hong Kong-based crypto exchange, BitCoke. The issue started when its users reported experiencing difficulty with withdrawals. BitC...
Bahamas regulator contradicts FTX claim that it was required to process local withdrawals
The Securities Commission of the Bahamas (SCB) did not require failed crypto exchange FTX to allow withdrawals for users in the country, according to a statement shared on the financial regulator̵...
Regulator denies asking FTX to prioritize withdrawals for Bahamian clients
The Securities Commission of The Bahamas (SCB) has denied instructing or authorizing crypto exchange FTX to prioritize withdrawals of Bahamian clients. In a statement on Nov. 12, the securities commi...
Could Ethereum [ETH] see more downside as withdrawals heighten
Ethereum [ETH] could risk a further decline despite losing over 23% of its value to trade at $1,261 in the last seven days. The reason for this possibility was the high deviation of on-chain withdrawa...
FTX US suspends withdrawals, according to on-chain data
Following an announcement on Nov. 10 that FTX US may halt trading on its platform, on-chain data suggests that the platform has paused withdrawals from the United States-based platform on Nov. 11. The...
Is FTX taking bribes to allow crypto withdrawals?
Crypto exchange FTX is under more scrutiny, as users on Twitter allege that someone from the inside is taking bribes to KYC customers and helping them withdraw funds. A user profile named ‘Algotrading...
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors – Bitcoin News
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. e...
BlockFi blocks withdrawals – The Cryptonomist
The BlockFi trading platform, among the most robust and least affected by the FTX contagion, changes its mind and with a statement posted on its Twitter account informs that it will limit operations o...
FTX.US seems to have paused withdrawals on Ethereum hours after filing for bankruptcy
Facing bankruptcy, FTX.US seems to have stopped withdrawals on ERC-20 tokens, according to blockchain data. As of writing, the wallet address associated with FTX.US had not processed any outgoi...
FTX US Announces Cessation of Trading Activities in Few Days, But Withdrawals Still Open
The US arm of troubled company FTX is closing trading activities soon but still permits customers to make withdrawals. FTX US recently announced it will suspend trading activities in a few days. Howev...
FTX’s Regional Crypto Exchanges Slowly Reopen Withdrawals
These regional subsidiaries of FTX are wholly owned by FTX’s ‘mothership’ in Antigua, FTX Trading Ltd, and license FTX’s technology stack in exchange for royalty payments sent ...
FTX resumes withdrawals, SBF opens up, but will SEC allow the ‘Sun’ shine
Troubled cryptocurrency exchange FTX, resumed withdrawals despite Binance’s decision to back out from its initial offer to save the firm. Rumors of users being able to salvage some funds had spread ar...
BlockFi halts withdrawals in the wake of FTX collapse
BlockFi has fallen victim to the collapse of the FTX behemoth. BlockFi said on November 11 that “business as usual” was no longer possible. It cited a lack of clarity surrounding FTX, FTX.US, and Alam...
BlockFi pauses client withdrawals – the details
Crypto news this week has had one major headline: FTX. And under that could be numerous subplots – one of which is BlockFi, a crypto lender with ties to the collapsing crypto exchange FTX and wh...
BlockFi Halts Withdrawals Citing Lack of Clarity Regarding FTX
Crypto lending firm BlockFi is the latest to limit customer activity on its platform. Fearing a major liquidation event, the company has halted withdrawals. On Nov. 11, BlockFi announced that it was “...
BlockFi halts withdrawals amid market meltdown – crypto.news
BlockFi, a New Jersey-based exchange, has informed clients that it will have “limited platform activity,” and will be pausing withdrawals amid the ongoing FTX issue. Apart from BlockFi’s announcement,...
Crypto Lender BlockFi Halts Withdrawals After FTX Contagion
The crisis sparked by the collapse of the FTX exchange has spread like a wildfire across the crypto market. A few hours ago crypto lender BlockFi said that they are now limiting client activity and pa...
FTX partially resumes withdrawals, blockchain data shows
According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange’s hot wallet address, which has remained inactive after FTX announce...
BlockFi Stops Withdrawals, Hinting FTX Mess Can Only Get Worse
BlockFi, the crypto lender bailed out by FTX earlier this year, has suspended withdrawals only two days after assuring users that it was fully operational. In a tweet late Thursday, BlockFi said it ca...
BlockFi halts withdrawals amid FTX crisis, Genesis Trading, Crypto.com emphasize transparency
BlockFi limits its platform activity and pauses client withdrawals amid the FTX crisis. In a Twitter post, BlockFi clarified that this is due to the lack of clarity on the FTX issue. The announcement...
The FTX Contagion is Spreading! BlockFi Suspends Withdrawals; Is the Company Going Bankrupt?
The market conditions presently have become worse as the domino impact of the recent FTX breakdown is being witnessed. After Terra (LUNA), Celsius Network, Three Arrow Capital, Voyager Digital, and FT...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause – News Bitcoin News
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this dec...
Has FTX Exchange Finally Reopened Withdrawals For Customers?
According to the on-chain data provider, Nansen, the debt-ridden FTX has finally reopened withdrawals for their customers. As per the data, one user was able to withdraw ETH worth $2.6 million while ...
BlockFi halts withdrawals following FTX collapse
A cryptocurrency lending platform BlockFi announced yesterday that it would limit its operation and could not conduct business as effectively as before with FTX. It paused the customer withdrawals cit...