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BlockFi Ends Fee Withdrawals, 'NFT' is Word of the Year + More News
25.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: BlockFi Ends Fee Withdrawals, 'NFT' is Word of the Year + More News
Look out below! Dogecoin risks further downside after a key support is tested
12.11.2021
Some analysts point to Binance's pause on DOGE withdrawals as the catalyst for the altcoin's pullback, but data suggests overheated derivatives markets may have been a factor
Binance crypto withdrawals return to normal following system backlog
1.11.2021
The company announced a halt in withdrawal activity via their official Twitter account on Monday morning which lasted for just over 2 hours
Korean crypto exchange Upbit to halt withdrawals for unverified users
4.10.2021
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week
Robinhood users may soon be able to withdraw crypto for the first time
21.9.2021
Robinhood is reportedly testing a new crypto wallet feature that would finally enable users to withdraw crypto from its app
IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600
16.9.2021
On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across...
South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’
9.9.2021
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.”...
Binance Free Withdrawals Promotional Offer Ends in Brazil
30.8.2021
For months, Binance has been allowing free withdrawals in Brazil for the purpose of promotions. However, it is likely to be discontinued soon. It was announced that Brazilians will now have to pay a certain amount per transaction. As per reports, from September 1, 2021, Binance will withdraw...
Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
19.8.2021
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker...
Ethereum Arrives to London, Price Jumps, Exchanges Pause Deposits/Withdrawals
5.8.2021
The highly-anticipated Ethereum (ETH) London upgrade is here, bringing with it the revamp of the network's monetary system through the Ethereum Improvement Proposal, or EIP, 1559.
The price of the second cryptoasset by market capitalization has been rising in the past week ahead of this upgrade...
DeversiFi Introduces Quick Deposits and Withdrawals
4.8.2021
The crypto industry’s eminent Ethereum (ETH) curated decentralized platform ‘DeversiFi’ recently declared that its localized ETH trading platform would introduce an immediate link for withdrawals. This warrant will render a two-dimensional figure value for stablecoins along with the Polygon...
Crypto.com enables withdrawals of USDC for users worldwide
3.8.2021
Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
2.8.2021
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory...
New Multimillion Crypto Investment Rounds, Binance Withdrawals + More News
28.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Major Bitcoin miner Genesis Digital Assets has announced a USD 125m round of equity funding to purchase equipment...
Binance resumes fiat withdrawals via Faster Payments in UK
1.7.2021
Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom
Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals
18.6.2021
Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located in a popular shopping area. Banks Launch Support...
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18.6.2021
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Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...
PayPal & Robinhood Follow Revolut, Plan Crypto Withdrawals
27.5.2021
Two major fintechs, PayPal and Robinhood are both looking set to follow in the footsteps of the likes of Revolut, with plans to allow crypto withdrawals to third-party wallets – a step that could see the platforms intensify their competition with crypto exchanges.
Christine Brown, Robinhood...
Blockfi Messes up Promo Payments: Transfers up to 700 Bitcoin Mistakenly
20.5.2021
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being...