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BlockFi opens crypto withdrawals for eligible US users following court order
17.8.2023
The lending platform halted client withdrawals amid filing for bankruptcy in November 2022, but later petitioned the court for authorization to return user funds
XRP briefly hits $50 on Gemini as users suspect relisting 'price glitch'
11.8.2023
Gemini is investigating the root cause behind the suspected price glitch
Binance Integrates Lightning Network Deposits and Withdrawals
18.7.2023
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes...
Binance completes integration of Bitcoin Lightning Network
17.7.2023
The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network
Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe
13.7.2023
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows....
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...
Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020
12.7.2023
According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchanges has significantly dropped since July 31, 2020...
Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
11.7.2023
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
10.7.2023
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets paired with USD on Binance US has fueled...
Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals
10.7.2023
Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.
As per data from Dune Analytics, the platform currently holds $176 million worth of cryptocurrencies.
Voyager Digital...
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
LBank Launches Global First Unlimited Crypto Credit Card, Breaking Boundaries in Cryptocurrency Payments
3.7.2023
PRESS RELEASE. LBank, the world-leading cryptocurrency exchange, is soon to launch the world’s first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, available in both virtual and physical forms, allows users to make any consumer...
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...
Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
28.6.2023
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize...
TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says
27.6.2023
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust
Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini Allows Withdrawals for Voyager Users
26.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini...
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24
24.6.2023
Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation
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...
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...