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Swyftx cuts 40% of staff as it braces against 'worst-case scenario'
5.12.2022
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout
UK bank Starling bans crypto-related purchases and deposits citing high risk
24.11.2022
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
17.11.2022
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins
FTX fallout continues: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits
15.11.2022
News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX
2 More Crypto Platforms Pause Withdrawals as Liquid Global and Salt Lending Cite Exposure to FTX
15.11.2022
On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused withdrawals and deposits. Furthermore, the crypto lender...
Binance, Huobi Block FTT Deposits After $400M Worth of Tokens Illicitly Released
13.11.2022
The tokens were illicitly released from FTT’s main deployer address
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
10.11.2022
"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said
FTX website comes back online with message advising against deposits
10.11.2022
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down
Crypto.com Halts Solana USDC and USDT Deposits, Withdrawals
9.11.2022
The crypto trading platform cited “recent industry events” in an email to users announcing the suspension
Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX
8.11.2022
The publicly traded crypto exchange sought to reassure customers and investors during panicky conditions on Tuesday
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
12.10.2022
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals...
Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services
8.10.2022
Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to customers from other countries...
Celsius' Crypto Customers Face Big Obstacle in Trying to Claw Back Their Deposits
5.10.2022
A change in the corporate structure of Celsius made when raising money last year may come under scrutiny as the bankrupt crypto lender tries to sell its assets
Digital bank FV Bank integrates USDC stablecoin for direct deposits
21.9.2022
Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum
Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On
8.9.2022
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters...
Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says
7.9.2022
The bank’s spot deposits fell $1.64 billion driven by outflows in digital asset banking of $4.27 billion
Binance.US Accepts $REEF Deposits and Withdrawals!
6.9.2022
Reef has published a blog post to announce that $REEF has got listed on the American arm of Binance, allowing users in the United States of America to now deposit and withdraw the token from the platform. Binance.US is the American arm of Binance that came into existence in 2019. It is made...
Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge
5.9.2022
The exchange also announced plans to remove $USDC as a tradeable asset from its platform
FTX to Halt ETH Deposits & Withdrawals on SOL, BSC, and Arbitrum
5.9.2022
FTX Crypto Derivatives Exchange recently announced suspending deposits and withdrawals on multiple networks. These blockchains include Solana, Binance Smart Chain, and Arbitrum One. The step will be undertaken to prepare for the upcoming Ethereum Merge. Here is a quick overview of the timeline...