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Binance Pauses Bitcoin Withdrawals Due to 'Backlog'
13.6.2022
Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO.
Changpeng Zhao tweeted today that there has been a “temporary pause” of BTC withdrawals on the exchange. Per the CEO, this is the result of “a stuck transaction causing a backlog.” He went...
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
13.6.2022
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency...
First Mover Americas: Bitcoin, Ether Plunge Anew as Celsius Halts Withdrawals
13.6.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022
Binance Temporarily Pauses Bitcoin Withdrawals
13.6.2022
CEO CZ attributes the problem to a “stuck transaction.”
Celsius Sends a Memo to Pause Swaps, Withdrawals, and Transfers
13.6.2022
Celsius shared a memorandum with its users and community members on June 13. The announcement carried the team’s decision to put off all the operations like deposits, withdrawals, and transfers to fortify its management framework. The team hopes to bring the project to a better position that...
Binance suspends Bitcoin withdrawals: CZ says funds are 'SAFU'
13.6.2022
A temporary pause on Bitcoin withdrawals has been imposed on the world's largest exchange, Binance
Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins
13.6.2022
Some users of Celsius (CEL), a troubled major crypto lender, are facing liquidations of their trading positions as the crypto market crashes and industry players discuss (in)solvency of Celsius and chances to sue the company.
To make things worse, the company has also suspended withdrawals...
Nexo Proposes Celsius Buyout as Rival Halts Withdrawals
13.6.2022
Crypto lending platform Nexo said it's preparing an offer to acquire Celsius after the targeted company froze withdrawals and transfers this morning
Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News
13.6.2022
Bitcoin price struggled to start a fresh increase above the USD 30,000 resistance and dived to the USD 25,000 level before somewhat recovering. It is currently (03:57 UTC) trading above USD 25,500 and is down almost 8% in a day and 15% in a week.
Similarly, most major altcoins started a major...
Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
13.6.2022
Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to suspending withdrawals for users
Crypto Lending Service Celsius Pauses Withdrawals, Citing 'Extreme Market Conditions.'
13.6.2022
The company will also pause its swap and transfer products, according to a blog post. It did not provide a timeline for resuming withdrawals
Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions
10.6.2022
Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme
eCash Deposits And Withdrawals Are Now Available on KuCoin
7.6.2022
KuCoin published an announcement on its official website to share the news that it has officially completed the network upgrade of XEC, adding that services about deposit and withdrawal of eCash were now open for users. It has brought jubilation among the users waiting for the gates to open. KuCoin...
Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported
28.5.2022
PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its official onboarding on Binance Custody. As such, Binance’s custody services arm will support deposits and withdrawals of Dvision’s native token, DVI,...
Binance suspends LUNA and UST withdrawals citing network congestion
10.5.2022
The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff
Binance Suspends LUNA and UST Token Withdrawals
10.5.2022
LUNA token down is 52% on-day while UST is trading at 76 cents
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...
Bitcoin retains $41K as BTC exchange withdrawals match record levels
14.4.2022
Bitcoin may be threatening lower levels but behind the scenes, demand is "up only," data suggests
Binance Partially Resumes Deposits, Withdrawals on Ronin Network as Hack Recovery Continues
2.4.2022
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says
2.4.2022
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia...