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Binance withdrawals and BUSD redemptions surge post Paxos crackdown
14.2.2023
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."
Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
14.2.2023
Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal surge in December amid fears about Binance’s reserves
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
11.2.2023
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already...
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
9.2.2023
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin...
Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs
7.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp...
Ethereum Testnet Processes First ETH Staking Withdrawals
7.2.2023
The upgrade on the Zhejiang testnet was the first of three dress rehearsals for Ethereum's much anticipated Shanghai hard fork
Crypto Protocol Lido Proposes ‘Turbo,’ ‘Bunker’ Modes for Post-Shanghai Ether Withdrawals
7.2.2023
The V2 Upgrade includes proposals that explain the protocol's staked ETH withdrawals plan and introduces a new staking router that will decentralize the network
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts
7.2.2023
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....
Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’
6.2.2023
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet....
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
2.2.2023
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will...
Ethereum Developers Launch "Zhejiang" - The New Testnet for ETH Withdrawals
1.2.2023
Ethereum developers are getting ready to launch a new test environment that allows testing of highly anticipated withdrawals of staked ETH tokens.
The new testnet, which has been dubbed “Zhejiang,” is a necessary step in order for developers and regular users to test how the network handles...
Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH Withdrawals
31.1.2023
Users will be able to get a sense of how staked ETH withdrawals will work from a testnet due to go fully live on Feb. 7
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
31.1.2023
Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
30.1.2023
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000
“We’re on the Right Highway” How Metaspins Crypto Casino Is Growing Rapidly Weeks After Its Launch
27.1.2023
PRESS RELEASE. Three months since announcing its launch, Metaspins.com is rapidly flying into the crypto space. The new crypto casino offers players 100% crypto gameplay, a selection of over 2,500 games, and plenty of promotions which will keep its growing audience asking for more. With quick...
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork
26.1.2023
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after...
Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals
25.1.2023
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius...
Crypto Lender Celsius Wins Court Approval for Customer Withdrawals, Flare Token Airdrop
25.1.2023
One order authorizes Celsius to return funds transferred to the platform after the company filed for bankruptcy last July, subject to certain conditions
Ethereum’s devs place shadow fork to back ETH withdrawals
25.1.2023
In terms of having created an absolute landmark on Ethereum’s next bit of upgradation, the network’s developers have successfully positioned a shadow fork in terms of the backing of staked ETH withdrawals. Marius Van Wijden of the Go Ethereum (Geth) client mentions through a tweet that...
Ethereum devs create 'shadow fork' to test conditions for Ether withdrawals
23.1.2023
Developers are attempting to attack the forked testnet with malicious nodes to see if they can find vulnerabilities