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Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’
27.10.2022
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one...
$160 Million Rug Pull? – Crypto Staking Platform Freeway Halts Withdrawals Citing ‘Unprecedented Volatility’
25.10.2022
UK-based crypto platform Freeway halted withdrawals on Sunday due to, as they claim, never-before-seen levels of volatility - but some argue that this is in fact a rug-pull.
"Has anyone been able to withdraw over the recent days," members have been asking in Freeway's Telegram channel, with many...
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
24.10.2022
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid...
Crypto Staking Platform Freeway Halts Withdrawals, Citing Market Volatility
24.10.2022
Small cap platform that promised users up to 43% in annual awards puts the brakes on withdrawals and scrubs team from site
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business
20.10.2022
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain...
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...
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
3.10.2022
The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months
Crypto Exchange Coinbase Fixes Technical Problem That Temporarily Halted Payments and Withdrawals From US Bank Accounts
2.10.2022
The exchange says the issue was identified and a solution implemented
Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says
30.9.2022
The regulatory body tasked with overseeing Celsius’ bankruptcy proceedings has asked a New York judge to deny the failed crypto lender’s recent motions to reopen customer withdrawals and sell off its $23 million in stablecoin holdings, calling the actions impulsive and premature
Celsius CEO Alex Mashinsky Resigns Amid Tumultuous Bankruptcy Proceedings
28.9.2022
On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve a successful reorganization.” Alex Mashinsky Resigns From Embattled Celsius —...
Crypto miner Poolin offers IOU tokens after suspending withdrawals
13.9.2022
"Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible," said Poolin
Bitcoin Miner Poolin to Issue 'IOU' Tokens After Suspending Withdrawals
13.9.2022
Poolin, one of the largest Bitcoin mining pools, has announced that it will issue IOU (I Owe You) tokens to impacted customers after it froze withdrawals last week
Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement
9.9.2022
Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal Thai Police. The regulator said it made decision after Yimwilai and his company failed...
BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’
6.9.2022
The bitcoin (BTC) mining pool Poolin’s wallet arm – PoolinWallet – has announced that it will be “temporarily” suspending all withdrawals in a bid to “preserve assets and stabilize liquidity.” The pool blamed the issue on a spike in withdrawal requests....
Read More: BTC Mining Pool Poolin Suspends...
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
Crypto miner Poolin pauses BTC and ETH withdrawals, citing 'liquidity problems'
5.9.2022
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin
Poolin, One of the Largest Bitcoin Mining Pools, Suspends Withdrawals From Wallet Service
5.9.2022
Just yesterday, the mining pool admitted to liquidity issues
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...