Cryptocurrency Analysis and News Portal
Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the ongoing banking system crisis, and even a probe, as reasons for its cash flow problems.Also facing
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Several hours later, Dash Core developer Pasta tweeted that the devs had identified issues and were working on a fix. “There are two options we are investigating, and everyone is focused on promptly resolving this issue,” Pasta wrote, adding that the planned release of the latest Dash Core client update,
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Crypto exchange Hotbit announced that it would be halting operations as of May 22. The exchange asked its users to withdraw funds before June 21, at 4:00 am UTC.In an announcement, the exchange said that its operating conditions have deteriorated since a former member of its team was subjected to
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Bitcoin (BTC) withdrawals on Binance have again been temporarily shuttered, with the crypto exchange claiming it was due to a large backlog of pending withdrawals. Binance tweeted on May 8 that it closed off BTC withdrawals “temporarily” as there was a “large volume of pending transactions.”It added the transactions are
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On May 4, Argentina's central bank has banned payment providers from offering crypto transactions, alleging it intends to reduce the country's payment system exposure to digital assets. According to a statement from the monetary authority, payment providers may not offer or facilitate crypto services through their applications. The move brings payment
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Belgian cryptocurrency trading platform Bit4You has suspended all operations, including withdrawals, amid an insolvency investigation of one of its key partners.Suite à cela, nous avons immédiatement entamé plusieurs démarches pour comprendre la nature et la portée de cette situation.En savoir plus - https://t.co/wg7iHqN9jt— Bit4you (@Bit4you1) April 26, 2023 The company explained
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ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using an ever-dwindling number of ATMs and deposit machines.The decision has received pushback, with critics such as Patricia Sparrow, CEO of the
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The firm’s Chairman Axel Lehmann declined to comment on whether it will need assistance from the government in the future, he highlighted that the bank has no problems as it has good return capital ratios. With the banking industry in the United States currently experiencing financial strain, there may be a
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Banks saw their share prices take a rollercoaster ride over the weekend and into March 13. Trading was temporarily halted for dozens of United States regional banks amid volatility and falling prices. The Wall Street Journal reported early in the morning that trading was halted for First Republic Bank, which led
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Dubai-based crypto exchange Bybit has suspended United States dollar (USD) deposits via bank transfers in response to "service outages from a partner". Funds can be withdrawn through wire transfers until March 10. In a blog post from March 4, the crypto firm said that "USD deposits via Wire Transfer (SWIFT) and
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