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OKX to enable ETH deposits & withdrawals via Starknet’s network
12.7.2023
OKX is the second-largest cryptocurrency exchange in terms of trade volume and a popular Web3 technology firm that recently issued updates on July 11, 2023. OKX has extended its hands to Starknet’s network, a leading decentralized Layer 2 network. The crypto exchange will allow its users...
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
6.7.2023
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential
Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens
5.7.2023
This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains
Bitcoin, Ether Supply on Exchanges Fell in June: Goldman Sachs
4.7.2023
Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said
Argentina Allows Banks to Open Yuan Accounts — Economist Says It Could Boost Chinese Currency as Safe Haven Alternative to US Dollar
2.7.2023
The central bank of Argentina has officially included the Chinese yuan as a recognized currency for making deposits in bank accounts. “Opening yuan accounts could attract more people and enterprises to exchange Argentinian peso to yuan, as more or less a ‘safe haven’ currency, instead of exchanging...
Haru Invest Fallout: South African Crypto Platform Says Customers Can Only Access 76% of Crypto Holdings
30.6.2023
The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made after one of its primary service providers Haru Invest...
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
Binance EUR Banking Partner to Halt Support of the Crypto Exchange in September
29.6.2023
The exchange recently announced a retreat from the U.K., Netherlands and Cyprus
Mastercard is Piloting Tokenized Bank Deposits in New UK Testbed
28.6.2023
The card giant is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars
23.6.2023
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers...
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
23.6.2023
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations....
Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty
22.6.2023
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition...
Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals
20.6.2023
A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users
Binance Working on Bitcoin Lightning Network Integration for Deposits and Withdrawals
20.6.2023
Binance is working to enable the Bitcoin Lightning Network, which is designed to make bitcoin (BTC) transactions faster and cheaper.
"Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals," the world's largest cryptocurrency exchange said in a Tuesday tweet. ...
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
13.6.2023
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
12.6.2023
Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate against liquidation risk on a $65 million stablecoin loan
Binance US Halts USD Deposits, Withdrawals — Asks Users to Withdraw Dollars by June 13
10.6.2023
Binance US has informed its users that U.S. dollar deposits have been suspended and USD withdrawals will no longer be processed. The crypto exchange has asked customers to withdraw dollars by June 13 as it transitions into a crypto-only trading platform. The move followed a lawsuit against...
First Mover Americas: Binance.US Suspends Dollar Deposits
9.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Breaking: Binance.US Halts USD Deposits, Must Withdraw by June 13 But Major Outage Reported
9.6.2023
Binance.US is halting USD deposits and has warned users to withdraw all US dollar funds by June 13th, although its dollar withdrawal service is currently not working.
Also, all USD trading pairs will be removed next week....
Read More: Breaking: Binance.US Halts USD Deposits, Must Withdraw...