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Binance limits withdrawals in Europe, cites payment processor issues

Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers.The exchange has allegedly suspended euro withdrawals and deposits via SEPA, Binance’s customer support wrote in a now-deleted message on X (formerly Twitter) on Aug. 20.In the

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Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis

The multi-million dollar exploit of cross-chain bridge protocol Multichain could have been an internal rug pull, according to blockchain security and analytics firm Chainalysis.“On July 6, 2023, cross-chain bridge protocol Multichain experienced unusually large, unauthorized withdrawals in what appears to be a hack or rug pull by insiders,” the firm

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Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens

Binance cryptocurrency exchange has announced it is ceasing its support of deposit and withdrawal services for a range of Multichain-bridged tokens, effective from July 7, 2023. Binance has officially stated in its blog that the tokens impacted by the decision are Polkastarter (POLS) via BNB Smart Chain, Alchemy Pay (ACH) via

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TUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

However, TUSD issuer previously said that it had “no exposure” to the imploded crypto custodian Prime Trust, which acted as the stablecoin’s banking partner in the U.S. The issuer tweeted it paused minting tokens via Prime Trust on June 10, adding that “minting and redemptions services remain unaffected” through other

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TrueUSD (TUSD) Remains Unaffected by Prime Trust Suspension of Deposits and Withdrawals

The TUSD stablecoins issuer confirmed to the users that it had no exposure to Prime Trust and that all funds are safe. After the acquisition failure of Prime Trust, a fintech and digital assets infrastructure provider, by BitGo earlier this month, the troubles facing the Nevada-based firm resulted in the closure

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