Thursday, October 23, 2025
Home > halting

TUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

However, TUSD issuer previously said that it had “no exposure” to the imploded crypto custodian Prime Trust, which acted as the stablecoin’s banking partner in the U.S. The issuer tweeted it paused minting tokens via Prime Trust on June 10, adding that “minting and redemptions services remain unaffected” through other

Read More

Bybit introduces Mastercard-powered debit card days after halting USD transfers

Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings.The Bybit Card will operate on the Mastercard network and will allow for fiat-based transactions by debiting cryptocurrency balances when used to pay for goods and services. The

Read More

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News

Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said. Binance Suspending USD Deposits and Withdrawals Global

Read More

Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish "audited proof of reserves," amid the downfall of rival exchange FTX. "We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," said Marszalek, adding that his company "will

Read More

Wikimedia Foundation shutters BitPay account halting crypto donations

The Wikimedia Foundation, which backs Wikipedia, will shut down its BitPay account and has announced it will stop accepting cryptocurrency donations based on community feedback.The decision to end crypto donations was made after 232 members, or 71% of the Wikimedia Foundation (WMF) community voted in favor of a Jan. 10

Read More