Cryptocurrency Analysis and News Portal
Robinhood, a platform that allows the commission-free trading of, among other instruments, cryptocurrencies, via a mobile app, has halted the depositing and trading of USDC. Robinhood temporarily pauses depositing and trading of USDC Reports on Mar. 11 show that the trading portal has temporarily paused the trading and depositing of USDC. The
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Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less than a year and appears to be the latest casualty of the crypto winter.The subsidiary, known as Blockchain.com Asset Management, is based in London.
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Bybit's move comes a month after Binance, the world's largest digital assets exchange by trading volume, halted dollar transfers and amid a crisis at Silverage, a California-based lender famous for offering traditional banking services to crypto firms, including exchanges. Last week, Bybit said it's evaluating "its ability to continue as
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Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU). Ukraine temporarily suspended hryvnia, its national currency, via banking cards for fiat deposits and withdrawals on crypto exchanges. Binance recommends using P2P services Binance and the leading Ukrainian exchange, Kuna, announced temporary
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Bybit has just joined the growing list of exchanges suspending USD transfers. Bybit to no longer support USD deposits Bybit recently announced that USD deposits through Wire Transfer (for US banks) and SWIFT would no longer be available, saying they had “service outages from a partner.” The new changes will take effect
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Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and from exchanges, Binance reminded users about how peer-to-peer (P2P) services come in handy when trading cryptocurrencies.Following the
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On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market
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Silvergate, a California-based crypto bank whose shares are listed on the New York Stock Exchange, is suspending dividend payout to remain highly liquid as the digital currency market tries to pull itself out of the liquidity crisis of 2022. In a press release on January 27, Silvergate, a state-chartered bank that went
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California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to preserve capital.”The company outlined that it
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Revolut is holding off on its token launch to determine the full extent of the damage caused by the FTX crash.Fast-growing fintech Revolut is presently trying to decide the best time to launch its native token RevCoin. Although Revolut has previously hinted that the RevCoin launch date will be this
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