Hong Kong crypto exchange JPEX suspends trading amid SFC probe
The probe into JPEX has resulted in the arrest of one person. The JPEX exchange has allegedly been operating in the country without a license. JPEX’s native token, JPC, has…
Kenya suspends Worldcoin activities after nearly half a million sign-ups
The registration exercise for Worldcoin in Kenya took place at the Kenyatta International Convention Centre. Registered users are entitled to 25 free Worldcoin tokens worth about $2 amounting to about…
Nasdaq suspends the launch of its own cryptocurrency custody
Nasdaq had announced it will launch the crypto custody services before the end of Q2, 2023. The global securities marketplace has however suspended launching the services. Nasdaq has cited the…
Binance suspends transfers for several Multichain-bridged tokens
Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted on BNB Smart Chain, Fantom,…
Crypto lending platform Delio temporarily suspends withdrawals
Delio’s move comes amid a heightened crackdown in the US by the SEC. The move follows the recent suspension of deposit and withdrawal of digital assets at Haru Invest. There…
Crypto.com suspends institutional exchange services in the US
Crypto.com cited limited demand for institutional-grade services. The services will be suspended from June 21. Crypto.com’s retail mobile application and platform remain fully operational in the US. Crypto.com has announced…
Belgian crypto lender Bit4You suspends its activities
Bit4You is Belgium’s first and only crypto asset lending platform. The platform says one of its main crypto asset custodian, CoinLOan, had been declared insolvent. The insolvency court order against…
Beaxy Exchange suspends operations after the US SEC charges
The US SEC has filed several charges against the Beaxy Exchange. The exchange has consequently suspended operations In its defence, Beaxy has said that it committed to cooperation with the…
Bybit suspends USD payments via bank transfer
USD payments suspension impacts both national and international bank transfers. Bybit will also pause USD withdrawals as from 10 March 2023. Customers can however continue to buy crypto with credit…
Crypto bank Silvergate suspends preferred stock dividend
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1…