Withdrawals

Crypto lender Vauld offered lifeline a day after suspending withdrawals

Crypto lender Vauld offered lifeline a day after suspending withdrawals

Placeholder while article actions load A day after crypto lender Vauld halted all withdrawals amid cratering digital currency prices, a rival offered it a lifeline. London-based Nexo announced Tuesday that it signed off on a term sheet that would allow it to purchase as much as 100 percent of Vauld, expanding its presence in Southeast …

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Crypto exchange CoinFlex probably won't resume withdrawals Thursday as planned, says CEO

Crypto exchange CoinFlex probably won’t resume withdrawals Thursday as planned, says CEO

Bitcoin and and other cryptocurrencies are in free fall. Dan Kitwood | Getty Images Embattled cryptocurrency exchange CoinFlex will probably not be able to let customers withdraw money again on Thursday as it originally planned, CEO Mark Lamb said on Wednesday. “We will need more time. And it’s unlikely that withdrawals will be re-enabled tomorrow,” …

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Celsius Crypto Platform Halts Withdrawals as Bitcoin Tanks 13%

Celsius Crypto Platform Halts Withdrawals as Bitcoin Tanks 13%

Celsius founder and CEO Alex Mashinsky as he appeared in a promotional video for Celsius uploaded to YouTube.Screenshot: Celsius / YouTube The Celsius crypto network has halted all trading, including withdrawals, according to a press release from the company released overnight. The unusual move comes as major cryptocurrencies plummeted over the weekend and there are …

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Crypto lender Celsius pauses withdrawals due to 'extreme market conditions'

Crypto lender Celsius pauses withdrawals due to ‘extreme market conditions’

Celsius CEO Alex Mashinsky. Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Celsius, a controversial cryptocurrency lending platform, said Monday it was pausing all withdrawals, causing more pain in the fragile crypto market. Celsius is one of the largest players in the nascent crypto lending space, with more than $8 billion lent …

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DeFi lending giant Celsius halts withdrawals

DeFi lending giant Celsius halts withdrawals

The Celsius Network, a decentralized finance (DeFi) platform and one of the largest crypto lenders, announced Sunday night that it was “pausing all withdrawals, Swap, and transfers between accounts.” It has 1.7 million customers. The company’s token, CEL, is trading at 23 cents as of this writing, according to CoinMarketCap. That’s a 92 percent decrease …

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PayPal Adds Cryptocurrency Withdrawals and Deposits

PayPal Adds Cryptocurrency Withdrawals and Deposits

Key Takeaways PayPal has announced that users can now deposit and withdraw cryptocurrency to and from their personal wallets. The feature has been long been expected; company executives have discussed its addition for at least a year. PayPal introduced limited crypto trading in October 2020 and added commercial crypto payments in March 2021. Share this …

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