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Category Withdrawal Freeze

Bitforex to Reopen Withdrawals Months After Team Members’ Detention Rendered Platform Inaccessible

Bitforex to Reopen Withdrawals Months After Team Members’ Detention Rendered Platform Inaccessible

Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions will remain sus...
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million

Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million

A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at ...
Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’

Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’

The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 2...
Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

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

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 ...
Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer

Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer

Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual ass...