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Tag: Crypto Exchanges

Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

February 27, 2024 wp-bot Bitcoin News

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s

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Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce

February 27, 2024 wp-bot Bitcoin News, Kraken

Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken

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Coinbase CEO Says No Access Block in Nigeria, Platform Operating Normally

February 24, 2024 wp-bot Bitcoin News, Coinbase

Coinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in

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Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

February 22, 2024 wp-bot Bitcoin News

The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a

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Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions

February 21, 2024 wp-bot Bitcoin News

Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding

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Switzerland’s Postfinance Launches Crypto Trading and Custody Service

February 21, 2024 wp-bot Bitcoin News

Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an

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