Wyre has assured the crypto community that it is ready to resume regular operations. Crypto payment platform Wyre has removed its withdrawal cap after securing additional funding from a strategic part...
Tag: Wyre
Wyre Secures New Funding, Lifts Customer Withdrawal Limits
Wyre tweeted about lifting 90% withdrawal limit effective immediately. The company had announced limiting the withdrawals a few days back. Wyre laid off 75 employees at the beginning of the year. In a...
Crypto Payments Platform Wyre Removes 90% Withdrawal Limit
On January 8th, Wyre instituted a 90% withdrawal threshold. In April 2022, financial technology firm Bolt paid $1.5 billion to purchase the business. Wyre, a cryptocurrency payment platform, has secur...
Crypto payments platform Wyre lifts 90% withdrawal cap
Crypto payment platform Wyre has lifted the 90% withdrawal limit it placed on users earlier this week after securing additional funding. On Jan. 13, the San Francisco-based fintech firm announced tha...
Wyre Receives Strategic Funding to Continue Operations
Crypto payments company Wyre announced it has received financing from a strategic partner that will allow it to remove the withdrawal cap imposed last week. The company told customers they could only ...
Wyre Resumes Withdrawals and Deposits After Securing Financial Aid
The cryptocurrency payments company – Wyre – said it received financial backing that enabled it to continue its “normal course of operations.” It previously imposed withdrawal limits on customers, hin...
Wyre announces to continue withdrawals without limit after “financing”
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Wyre lifts 90% customer withdrawal limit after securing new funding
Wyre secured a new source of funding, allowing it to drop its recently introduced 90% customer withdrawal cap, the company said on Twitter today. “We’re excited to share that today we received f...
Wyre Imposes Daily Withdrawal Limit For All Users Amid Swirling Rumours Of A Winding Up ⋆ ZyCrypto
Advertisement     Crypto payments platform Wyre sets a new withdrawal policy allowing users to withdraw only 90% of their assets. The policy will include limits to sp...
Wyre Imposes 90% Withdrawal Limit on Customers
The revision of the withdrawal policy is the latest in a series of moves the company is making to stay afloat. Crypto payment provider Wyre has announced that its customers will only be able to withdr...
Wyre Payments Becomes Latest To Limit Withdrawals Due To Crypto Winter
Amidst the crypto winter casualties continuing, the California-based crypto payment channel Wyre disclosed limits on withdrawals for all users. The payment company joins others that previously restric...
Ether Capital Corporation Discloses Information Regarding Portfolio Company Wyre
TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or “the Company”) wishes to disclose information to the market regarding its non-core portfolio company, Wyre, Inc. (“Wyre”). W...
Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap
5 hours ago | 2 mins read Exchange News Wyre has changed its withdrawal policy to allow for the withdrawal of up to 90%. MetaMask has asked its users to refrain from using Wyre on the mobile aggregato...
Crypto Payments Platform Wyre Imposes Withdrawal Limits
On Jan. 8, crypto payments firm Wyre announced that it was “modifying its withdrawal policy.” The move adds a limit to withdrawals of no more than 90% of the funds in customer accounts. In other words...
Wyre Business Operations Halted as Bolt Pulls Out from $1.5 B Acquisition Deal
Crypto payments platform Wyre is winding down its business operation, according to a report published by Axios on January 4th, 2023. Data from multiple sources suggest that this move has something to ...
Crypto payments firm Wyre cuts withdrawal limits to 90% of funds
Amid insolvency speculations, cryptocurrency payments platform Wyre slashed its withdrawal limits by 10% on Jan. 7. In a Twitter thread, Wyre announced that its customers can now only withdraw up to 9...
Wyre Customers Can Only Withdraw 90% of Their Balance
Crypto payments company Wyre announced that its customers would only be able to withdraw 90% of their account balance due to the current state of its business. According to the Jan. 7 Twitter thread, ...
Wyre announces withdrawal limits and interim CEO
Wyre, Crypto payment provider, has announced changes to its withdrawal policies and leadership structure. The company said it will now limit withdrawals to no more than 90% of the funds currently in e...
Crypto Payment Provider Wyre Limits Users to 90% Asset Withdrawal
Wyre modified its policy to allow users to withdraw below 90% of their assets. Wyre noted that the decision was in the community’s best interest. The firm made its chief security officer the interim C...
Wyre to continue to operate
Beleaguered crypto payments provider Wyre is continuing to operate. The company is exploring strategic options and has set customer withdrawal limit to 90%. After reports that Wyre was winding down it...
Wyre limits withdrawals to 90% of funds held in customer accounts
Crypto payment provider Wyre announced a change in rules that will limit customers to withdrawing no more than 90% of the funds currently held in each account. “We are modifying our withdr...
Wyre imposes up to a 90% withdrawal limit for all users
Crypto payment platform Wyre modified its withdrawal policy to limit users from cashing out up to 90% of their assets just days after two former employees allegedly hinted the possibility of a shutdow...
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions – Bitcoin News
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now an...
Juno Reveals ‘Uncertainty’ With Crypto Custody Partner Wyre
Crypto firm Juno Finance has increased withdrawal limits and asks users to switch to self-custody. Meanwhile, industry rumors are that its custody partner Wyre could soon be closing its doors. The pla...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations – Bitcoin News
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acqui...
Wyre CEO Moves To Quell Closure Rumors
Join Our Telegram channel to stay up to date on breaking news coverage Crypto Payments Company Wyre CEO Loannis Giannaros has downplayed claims that his company is planning to shut down operations thi...
Wyre ‘Scaling Back’ Operations Amid Crypto Winter: CEO
Ioannis Giannaros, the CEO of Crypto payments company Wyre, has allegedly told his employees via email that he is liquidating the company and plans to terminate services this month, according to a rep...
EmpireDAO, Wyre, Become Latest Casualties Of Brutal Crypto Winter
With the crypto winter showing no signs of abating, crypto payment companies Wyre and EmpireDAO have become its latest casualties. Wyre informed employees about its plans during the holiday season, w...
Crypto Payments Firm Wyre To Shut Down After Missing Out on $1,500,000,000 Deal: Report
A crypto payments firm is reportedly shutting down after a massive $1.5 billion deal fell through. According to a new report by Axios, crypto payments company Wyre is shutting down after Bolt Financia...