OKX to temporarily halt deposits and withdrawals of some tokens on April 12
The temporary halt is planned to take only one hour. The halt is related to tomorrow’s Ethereum Shapella upgrade. The affected tokens are mainly ERC-20 tokens. Seychelles-based crypto exchange OKX…
FTX Japan prepping to resume withdrawals by end of month
The Financial Services Agency of Japan asked that FTX Japan to halt business before the US bankruptcy filing. In December, the FTX branch filed to be allowed to resume withdrawals.…
Binance withdrawals surge post SEC’s Paxos clampdown
The SEC issued a wells notice to Paxos concerning the issuance of Binance USD (BUSD) stablecoin. Shortly after, the NYDFS ordered Paxos to stop issuing BUSD. While BUSD issuance stopped,…
Binance to suspend USD deposits and withdrawals
Binance is reportedly set to suspend all US dollar (USD) deposits and withdrawals. According to a crypto news report on the matter, the suspension starts on 8 February 2023. Binance…
Binance to suspend USD deposits and withdrawals: report
Binance is reportedly set to suspend all US dollar (USD) deposits and withdrawals. According to a crypto news report on the matter, the suspension starts on 8 February 2023. Binance…
Celsius publishes list of those eligible for withdrawals
Celsius Network is currently going through the Chapter 11 bankruptcy process. Celsius received approval to process certain customer withdrawals last week. Those eligible to withdraw are those who deposited after…
Wyre limits withdrawals to 90% of customer funds
Wyre will allow its customers to withdraw only 90% of their funds. The company said the move is to allow it to navigate the current market conditions. Wyre’s CEO has…
We can meet 100% of withdrawals, says Binance’s Changpeng Zhao
CZ dismisses concerns over whether Binance could handle a $2.1 billion withdrawal. The CEO confirmed that the crypto exchange could meet 100% of withdrawals on its platform. Binance has very…
Withdrawals flood out of Binance, CZ warns of “bumpy” road ahead
Key Takeaways Binance has seen $3 billion of funds leave the platform in the last week USDC withdrawals were halted but are now back up Flood of outflows highlights how…
BNB price dips as Binance withdrawals take centre stage amid FUD
A lot is going around about Binance payout problems, dwindling reserves, sanctions violations, and investigation by the US Attorney’s office. As a result withdrawals from the exchange have surged in…