Crypto Platform Wyre Shutters, Citing Bear Market Conditions
San Francisco-based crypto payments firm Wyre has announced that it is winding down its operations. The company, which has been in operation for almost ten years, cited financial difficulties caused by the bear market as the reason for its closure rather than regulatory issues in the United States. In a blog post on June 16, […]
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 […]
MetaMask removes Wyre crypto payment network
Cryptocurrency wallet MetaMask has removed support for crypto payment network Wyre from aggregators following rumors of the platform shutting down. Wyre crypto payment network is no longer supported by the cryptocurrency wallet MetaMask, according to rumors that Wyre will shortly cease operations. On January 5, MetaMask said on Twitter that Wyre had been taken off […]