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BlockFi revealed that it has emerged from bankruptcy court, having received approval for its reorganization plan from all relevant stakeholders. Nearly 11 months after it first declared bankruptcy, the crypto lender BlockFi has now officially begun the process of winding down its operations. In line with this, the company has asked
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Cryptocurrency exchange Coinbase has denied reports that it has introduced $5,000 weekly limits on Bitcoin (BTC) withdrawals. In a post, one user X (form. Twitter) claimed he had encountered a limitation on withdrawing Bitcoin from Coinbase. The limit was $5,000 per week. The post received over 250,000 views, over 420 retweets, and almost
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Crypto exchange Coinbase has refuted rumors that it had imposed a $5,000-per-week limit on Bitcoin (BTC) withdrawals after a user’s post claiming as such gained traction on social media.An Oct. 24 post from a user on X (formerly Twitter) claimed that he’d been hit with a purported policy that restricted
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FTX users are reportedly being targeted in a withdrawal scam. X (formerly Twitter) user and FTX creditor advocate Sunil cautioned FTX account holders about the phishing scam and urged them to avoid clicking on dubious links.Sunil’s X post highlights the ever-evolving tactics online scammers employ.FTX users have reported receiving deceptive emails purportedly
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Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 Tether (USDT) after receiving a warning from Hong Kong’s Securities and Futures Commission (SFC). The staff of the exchange has also been reportedly missing from its Token 2049 booth in Singapore. On Sept. 13, the SFC, Hong Kong’s
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While the sum involved in this sanction violation might appear insignificant, it highlights the industry’s ongoing struggle to prevent breaches following global geopolitical events. British financial technology giant Wise Plc (LON: WISE) has found itself entangled in controversy after unintentionally allowing an individual on the Russian sanctions list to withdraw money.
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The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger being pointed at three ex-team members who went rogue. On Aug. 24, the price of PEPE plunged by roughly 15% amid fears of a potential rug-pull after the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance experienced a rapid Bitcoin (BTC) withdrawal worth $150 million across five transactions in one minute, all recorded in the same block. According to the blockchain tracker Whale Alert data, there were five major Bitcoin withdrawals worth
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance Support account repeatedly claimed on X that the company had suspended EUR transfers until further notice. In an Aug. 21 tweet, Binance’s customer support wrote that direct bank transfer for EUR currency is in
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Scammers set their sights on Voyager Digital customers during the month-long window when they were able to withdraw some portion of their funds from the bankrupt crypto brokerage, Bloomberg reported, citing Darren Azman, a lawyer for the firm. Law enforcement has been notified of the situation, he added.Voyager customers withdrew
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