Search Results for: paused withdrawals

Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

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Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a…

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

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According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Wertpapier- und Börsenkommission (SEK) charging a subsidiary firm of DCG,…

Cameron Winklevoss von Gemini besteht in einem offenen Brief an CEO Barry Silbert darauf, dass die Digital Currency Group Liquiditätsprobleme lösen muss

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Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter,…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

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Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. Die USA. Handelsplattform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported…

Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

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According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled…

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

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Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities…

Brasilianische Krypto-Investmentplattform Bluebenx stoppt Abhebungen unter Hacker-Vorwürfen

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Bluebenx, eine in Brasilien ansässige Kryptowährungs-Investmentplattform, Auszahlungen wurden letzte Woche aufgrund eines angeblichen Hacks ausgesetzt, der das Unternehmen mehr als verlieren ließ $31 Million. Das Unternehmen kündigte an, die Auszahlungen für mindestens sechs Monate einzustellen. The company has…

Krypto-Kreditgeber Hodlnaut pausiert Auszahlungen – Unternehmen zitiert Marktbedingungen, Trotz der jüngsten Krypto-Rallye

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Im August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope…

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

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After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “übertragen…