Wednesday, December 18, 2024
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Binance.US solves USD withdrawal issues but warns it won’t last long

U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its system remains fully operational and that

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Binance.US suspends USD deposits, warns withdrawal pause incoming

Binance.US has announced the suspension of U.S. dollar deposits and has notified its customers of an incoming pause to fiat (USD) withdrawal channels as early as June 13.On June 9, Binance.US announced that it was forced to take action amid “extremely aggressive and intimidating tactics” from the Securities and Exchange

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Nigerian central bank maintains stance on crypto withdrawal restrictions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nigeria’s cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. In response, the government has enforced a ban on cryptocurrencies, prohibiting individuals from engaging in crypto transactions

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Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue

Bankrupt crypto lending firm Celsius is anxious to get its staked Ether (ETH) stash back from liquid staking platform Lido which enabled withdrawals this week.Celsius initiated the process of withdrawing its Lido Staked ETH (stETH) from the protocol. According to transaction data it has requested the withdrawal of 428,840 stETH

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Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues – Exchanges Bitcoin News

Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog of operations stuck as a consequence of

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CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum Blockchain as Staked ETH Withdrawal Queue Shrinks to 9 Days

The reason it takes so long for validators to exit the chain is because that’s part of the project’s design. Staking is an important part of maintaining the security of the Ethereum blockchain, and if too many validators left the chain at once, the security of ensuring that transactions and

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