withdrawals

Technology

Milo JasperJanuary 5, 2023
0 244

US bank Silvergate, which caters to crypto clients, reports liquidating debt to cover $8.1B in withdrawals as FTX collapsed and laying off 40% of its staff (David Benoit/Wall Street Journal)

David Benoit / Wall Street Journal: US bank Silvergate, which caters to crypto clients, reports liquidating debt to cover $8.1B…
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Technology

Milo JasperJanuary 2, 2023
0 131

In an open letter, Cameron Winklevoss says Digital Currency Group CEO Barry Silbert has engaged in "bad faith stall tactics" since halting Genesis withdrawals (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg: In an open letter, Cameron Winklevoss says Digital Currency Group CEO Barry Silbert has engaged in…
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Technology

Milo JasperDecember 30, 2022
0 152

FTX Japan says it is developing a system to resume withdrawals through the website of Liquid Japan, a crypto exchange it acquired in 2022, by mid-February (Ryan Browne/CNBC)

Ryan Browne / CNBC: FTX Japan says it is developing a system to resume withdrawals through the website of Liquid…
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Technology

Milo JasperDecember 17, 2022
0 106

Binance says it was hit by roughly $6B in net withdrawals between December 12 and December 14, which it was able to fulfill "without breaking stride" (Financial Times)

Financial Times: Binance says it was hit by roughly $6B in net withdrawals between December 12 and December 14, which…
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Technology

Milo JasperDecember 14, 2022
0 172

Memo: Changpeng Zhao tells Binance staff to expect a "bumpy" several months but the exchange "will survive any crypto winter", following massive withdrawals (Bloomberg)

Bloomberg: Memo: Changpeng Zhao tells Binance staff to expect a “bumpy” several months but the exchange “will survive any crypto…
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