Wyre payments platform removes 90% withdrawal limit
Cryptocurrency payment platform Wyre has removed the 90% withdrawal limit it imposed on consumers about five days earlier. San Francisco-based fintech company Wrye claimed on January 13 that it has acquired funding from a “strategic partner” that enables it to go on with business as usual, including once again taking deposits. The statement continued, “As […]
The Merge – Binance to halt ETH and ERC-20 deposits and withdrawals
Binance has announced plans to suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens once The Merge takes place i.e when the ETH network switches to its proof-of-stake (PoS) Beacon chain. The move was revealed by the largest exchange in the world by transaction volume in an effort to maintain stability during ‘The Merge,’ […]
Hodlnaut suspends services due to liquidity crisis
Crypto lending platform Hodlnaut is suspending transactions including withdrawals and deposits, citing market conditions and a lack of liquidity as a reason. On Monday, the crypto lending business released a formal statement explaining why it had to cease its operations and stating that it was already working on a recovery strategy. Additionally, Hodlnaut announced that […]
Upbit crypto exchange halts withdrawals for unverified users
South Korean crypto trading platform Upbit, as a means of improving its client verification system, stated that it is gradually limiting services for unverified users this week. The corporation announced a set of improvements to its client verification system on Saturday in order to comply with South Korea’s mandated Anti-Money Laundering (AML) regulations. According to […]
Robinhood reportedly tests a new feature that allows users to withdraw crypto
Robinhood, a retail trading platform, according to sources is said to be testing a long-awaited new crypto wallet feature that allows users to transfer and receive crypto-assets like Bitcoin (BTC) from its app. On September 21, Bloomberg reported the story, claiming to have seen screenshots of a withdrawal UI in a test version of Robinhood’s […]