Withdrawals Financial News

18.11 / 17:07

Gemini FTX Withdrawals Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened

The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week.

17.11 / 10:53

Ethereum BTC/USD ETH/USD Bitcoin Withdrawals Bitcoin Price and Ethereum Prediction - Risk-off Triggers as Genesis Trading Halts Withdrawals

Bitcoin is mostly unchanged on November 17, but it remains under pressure as Genesis Trading, a crypto financial services firm, has suspended withdrawals from its loan section, citing the "extraordinary market instability" caused by Sam Bankman's FTX collapse. Ethereum, the second-most valuable cryptocurrency, is also trading sideways, with a price range of $1,175 to $1,280.

16.11 / 19:07

Withdrawals Crypto lender Genesis Crypto lender Genesis stops withdrawals in wake of FTX failure

Cryptocurrency lender Genesis told clients that it is suspending redemptions and new loan originations following the collapse of crypto exchange FTX.

16.11 / 18:03

business Blockchain Grayscale Withdrawals Crypto lender Genesis Breaking: Crypto lender Genesis Global halts withdrawals

According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the firm cited “unprecedented market turmoil” related to the collapse of troubled cryptocurrency exchange FTX, resulting in “abnormal” levels of withdrawals that Genesis Global claims to have exceeded its current liquidity.

16.11 / 15:45

MARKET Trading Investing Withdrawals FTX Contagion: This Crypto Currency Exchange Just Suspended Withdrawals

The FTX contagion keeps spreading. Among the most recently affected companies is Liquid exchange, which has now suspended withdrawals from its platform.

16.11 / 00:33

business Blockchain defi Bankruptcy Withdrawals FTX fallout continues: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits

In an official update sent to clients on Nov 14, BlockFi admitted to having “significant exposure” to FTX and its affiliated companies, but insisted it had “the necessary liquidity to explore all options”. The news came as somewhat of a surprise since on Nov. 8, BlockFi’s founder and chief operating officer, Flori Marquez, assured users in a Twitter thread that all BlockFi products were “fully operational” because it had a $400 million line of credit from FTX US, which is a separate entity from FTX, the global entity affected by the liquidity crunch.

15.11 / 20:19

Ripple SEC coinbase Legal Suspends Withdrawals Support News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares of GBTC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

15.11 / 16:57

regulation Bitcoin Withdrawals FTX-owned crypto exchange Liquid halts all withdrawals

The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges.

14.11 / 14:55

MARKET Trading Exchange FTX Withdrawals This Crypto Exchange Just Suspended Withdrawals – What is Going On

Crypto exchange AAX announced that it has suspended activity for up to 10 days due to a “scheduled system upgrade” that happened during a difficult time for the industry and the markets.

14.11 / 10:53

YouTube Crypto Exchange Withdrawals Crypto.com's CEO To Answer Questions On Youtube After Transaction Errors Lead To Fund Withdrawals

Kris Marszalek said the exchange had mistakenly sent 320,000 ether to Gate.io.

13.11 / 07:11

Twitter regulation FTX Nov Withdrawals Regulator denies asking FTX to prioritize withdrawals for Bahamian clients

The Securities Commission of The Bahamas (SCB) has denied instructing or authorizing crypto exchange FTX to prioritize withdrawals of Bahamian clients.

12.11 / 00:57

business Blockchain Trading FTX Suspends Withdrawals FTX US suspends withdrawals, according to on-chain data

Following an announcement made 24 hours ago that FTX US may halt trading on its platform, on-chain data reveals that the platform paused withdrawals from the United States-based platform on Nov. 11.

11.11 / 17:33

Twitter Platform Withdrawals Crypto lender BlockFi pauses withdrawals, limits platform activity amid FTX collapse

Cryptocurrency lender BlockFi said it was pausing withdrawals and limiting activity on its platform, becoming the latest casualty of the sudden collapse of Sam Bankman-Fried’s crypto empire.

11.11 / 06:03

business FTX Withdrawals BlockFi limits platform activity, including a halt on client withdrawals

Crypto lender BlockFi has halted client withdrawals on its platform as part of a broader limit to activity in the wake of FTX’s collapse.

11.11 / 05:59

cryptocurrency Twitter Binance FTX Fried Sam Withdrawals reserves Cryptocurrency roundup for November 11: SEC launches probe against FTX chief Sam Bankman-Fried, Crypto Lender BlockFi halts withdrawals, Binance reveals proof of reserves and more

[content][quote]Big Story[/quote][title]SEC probing if Sam Bankman-Fried violated securities laws[/title][circularimage]

10.11 / 19:27

business Blockchain FTX Withdrawals BREAKING: FTX appears to have resumed withdrawals Blockchain data shows

According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange's hot wallet address, which has remained inactive after FTX announced on Nov. 8 it would be halting all user withdrawals, has resumed activities as of 3:50 pm UTC. Blockchain data shows that multiple types of tokens and large sums of transactions have since left the hot wallet, which has a balance of $469 million at the time of publication.

10.11 / 13:29

Binance FTX Crypto.com Suspends Withdrawals Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?

Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.

10.11 / 07:43

defi FTX Bitcoin Withdrawals reserves Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish "audited proof of reserves," amid the downfall of rival exchange FTX.

09.11 / 20:39

business Blockchain Investments Withdrawals Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals

In its latest quarterly earnings call on Nov. 9, blockchain financial services firm Galaxy Digital disclosed that it had an exposure of $76.8 million consisting of cash and digital assets to troubled cryptocurrency exchange FTX. Of this amount, Galaxy Digital said that $47.5 million are currently in the withdrawal process.

08.11 / 15:59

Binance Liquidity FTX Fried Sam Withdrawals FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue

FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance's move to dump all its FTT holdings.

02.11 / 11:05

business security Bitcoin Withdrawals Deribit crypto exchange halts withdrawals amid $28M hot wallet hack

Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack.

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