Ethereum Testnet Successfully Processes First-Ever ETH Staking Withdrawals
The upgrade on the Zhejiang testnet was the first of three dress rehearsals for Ethereum's much anticipated Shanghai hard fork. Source
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Withdrawals
Crypto Protocol Lido Proposes ‘Turbo,’ ‘Bunker’ Modes for Post-Shanghai Ether Withdrawals
In the weeks leading up to Shanghai, the Lido community will participate in the snapshot vote, followed by testing on Ethereum’s Goerli testnet in March. The actual V2 upgrade will go live at the end of March or early April, according to the draft blog post. Source
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Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said. Binance Suspending USD Deposits and Withdrawals Global
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Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’ – Technology Bitcoin News
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a
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Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows – Exchanges Bitcoin News
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will Provide Access to User Funds Crypto exchange Bitzlato is taking steps to restore
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Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH Withdrawals
This new testnet, which will go live at 10 a.m. ET (15:00 UTC), will provide the ability to test staked ETH withdrawals (EIP-4895). Users won’t immediately have the ability to participate in the simulated withdrawals until the testnet goes through an upgrade on Feb. 7. For now, users will be
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Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
“In every key respect—from how Celsius described its contract with its customers to the risks it took with their crypto assets—how Celsius ran its business differed significantly from what Celsius told its customers,” Pillay wrote, after interviewing staffers, including former chief Executive Officer Alex Mashinsky, as well as customers of
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Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
The price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash.At the time of writing, the price of 1 BTC on Nigerian crypto exchange NairaEX is currently 17.8 million Naira, equating to a
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Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals – Bitcoin News
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius Proposes ‘Asset Share Token’
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Crypto Lender Celsius Wins Court Approval for Customer Withdrawals, Flare Token Airdrop
Customers are allowed to withdraw funds transferred to the platform after the bankruptcy petition date in the form of crypto "net of any gas fees or transaction costs," according to the order. The withdrawals will need to be approved by the appointed committee of creditors should the transfer amount exceed
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