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Binance, the world’s biggest crypto exchange by trading volume, announced earlier on Tuesday that it will be temporarily pausing deposits and withdrawals for Polygon (MATIC) Network.The announcement came in the wake of the Polygon network’s outage since March 11 after a network upgrade. The crypto exchange noted that it would
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Bonfida, a multifunctional infrastructure built around Solana blockchain, has announced that their Solana Name Service, or SNS, will be integrated into cryptocurrency exchange FTX in a bid to expand the former's digital footprint and adoption rate.Alongside the SNS, Bonfida is recognized within the industry for its deployment of the inaugural decentralized
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MarketsCardano’s rally was fueled by traders regaining confidence in the protocol, and the HKMA taking a more gentle approach to retail crypto. By Sam ReynoldsJan 13, 2022 at 7:52 a.m. UTCUpdated Jan 13, 2022 at 7:52 a.m. UTCcharles hoskinson (CoinDesk archive) Original Source
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According to a statement Wednesday, the Fed will double the pace of tapering its monthly bond purchases, reducing them by $30 billion every month until they’re completely wound down early next year. Under the Fed’s previous plan, it would have withdrawn $15 billion of the stimulus every month to wind
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“I have $2,500 on my account and they want $7,300 from me [to unfreeze withdrawals],” Dmitri, another affected user with a Telegram handle twenty_one_percent, told CryptoX. He also shared screenshots of his chat with Binance customer support, where he was told he needed to find the person to whom he
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One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected to happen “in the coming weeks.” Luno Not
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One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement,
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Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax reporting system.The company officially announced Tuesday a major update to its Know Your Customer (KYC) policies, significantly reducing maximum withdrawal amounts for users that
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Jay Hao, CEO of Malta-based cryptocurrency exchange OKEx, said his firm has taken steps to ensure the issue that caused a freeze of over five weeks in cryptocurrency withdrawals cannot reoccur.In an ask-me-anything (AMA) session, a transcript of which was published on Wednesday, Hao said the incident led the exchange
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South Korea-based exchange Upbit has announced a limited cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks. Scheduled to take effect on Nov. 28, the new restriction will only allow users to withdraw digital assets equal in value to the total of Korean won (KRW) deposited
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