Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant. Source
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Withdrawals
BKEX suspends withdrawals amid money laundering probe
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BKEX, a cryptocurrency exchange, has suspended withdrawals of user funds as it looks into claims that the platform was used for money laundering. BKEX partners with authorities to investigate the situation The British Virgin Islands-based cryptocurrency exchange BKEX
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Nigerian crypto company suspends withdrawals after BTC and naira compromise
Patricia, a Nigerian platform for gift card and crypto trading, has encountered a security breach, prompting immediate measures to safeguard its users. As a precautionary step, the platform has temporarily suspended fund withdrawals.The company announced that it was a victim of a security breach that compromised its Bitcoin (BTC) and
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Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research
The 2022 crypto bank runs — caused by the failure of multiple ecosystem giants — have had a lasting impact on the crypto industry. A new research report from the Federal Reserve Bank of Chicago (FRBC) has identified several key factors and catalysts that accelerated last year’s crypto crisis.The report identified that
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Celsius moves $781M in stETH just as Lido withdrawals open
It appears that embattled crypto lender Celsius is wasting no time in shifting its Ethereum staking tokens from liquid staking platform Lido which has just enabled withdrawals.On May 15, a transaction was identified on Celsius wallets for 428,015 stETH (Lido staked Ether) to the Lido staked Ethereum wallet. The whopping
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$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals
The Lido liquid staking protocol has enabled Ether withdrawals for the first time, according to May 15 data from Parsec Finance. Over 260 Lido Staked Ether (stETH) was redeemed for its underlying Ether (ETH) in the first three hours, worth about $500,000.stETH withdrawals dashboard:- individual & aggregate withdrawal requests.- current withdrawal
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Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says
Bittrex filed for bankruptcy protection, but says no customer funds were re-used and that liabilities meet assets Original Source
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Xapo Bank to Add Support for Tether Deposits, Withdrawals by Month End
Customers of the bank may now use the world’s largest stablecoin for payments. Gibraltar-based Xapo Bank has further established itself as one of the world’s most crypto-friendly institutions. In its most recent move, the bank is set to allow its clients to make Tether (USDT) deposits and withdrawals, starting from the
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Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.” Source
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Xapo Bank to Enable Tether Deposits, Withdrawals
The crypto-friendly bank announced earlier in the year support for USDC services. Original Source
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