Colombia’s Banco de Bogotá Begins Crypto Pilot

Source: A screenshot, Instagram/bancodebogota The major Colombian commercial bank Banco de Bogotá has begun a crypto pilot that will see a select group of its customers allowed to make crypto transactions on its banking platform. Per Portafolio, the pilot will begin this month and will allow customers to make crypto deposits and withdrawals on its mobile and virtual (internet, desktop-based)

Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions

As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience.

Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24.

Binance is flexing its muscles in a bid to promote BSC over Ethereum. The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the exchange itself. It started on Friday, when Binance suddenly froze withdrawals of Ethereum-based assets for about one hour.

Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens.

Binance’s brief pause of Ethereum withdrawals leaves community perplexed

Binance paused ERC-20 withdrawals without offering a credible explanation, letting speculation about its true motives run wild. Binance had a hiccup with its withdrawals for Ether (ETH) and all ERC-20 assets on Friday, with users being unable to access any of their Ethereum-based assets for about one hour.

Binance resumes withdrawals of Ethereum after temporarily suspending it

Crypto exchange Binance resumed withdrawals of Ether on its platform after the leading exchange temporarily suspended withdrawals of Ether and Ethereum-based tokens, in order to “address a congestio The post Binance resumes withdrawals of Ethereum after temporarily suspending it appeared first on AMBCrypto.

Ethereum Selling Pressure Significantly Less Than In 2018: Analysis

Fewer on-chain deposits and withdrawals on exchanges in 2021 compared to 2018 suggest less selling pressure for Ethereum, data shows.

Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.

Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms

Robinhood announced its intention to implement cryptocurrency deposits and withdrawals.

Robinhood announces plans to offer crypto deposits and withdrawals

Robinhood’s reputation has taken a battering lately but it hopes to regain credibility among the crypto community by introducing cryptocurrency transfers.

Cream Finance investigating 'potential exploit' involving 13K ETH

According to reports, Cream Finance has likely been exploited, with withdrawals from the Iron Bank temporarily being suspended as well.

Why these metrics will be key to Bitcoin's near-term performance

Exchange Bitcoin reserves have dropped steadily to correspond with the cryptocurrency's price rise, with the number of Bitcoin withdrawals from exchanges recently climbing to a 3-year high.

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.

Liquid exchange temporarily suspends ERC-20 token and Ethereum withdrawals. Here's why

The past week has witnessed a surge in Ether’s prices with the asset breaching the $1,600 mark on 4 February.  However, amid a surge in price, transaction costs have been on the rise as well.  The post Liquid exchange temporarily suspends ERC-20 token and Ethereum withdrawals.

Exchange temporarily halts Ether withdrawals as gas fees hit new highs

Average gas fees hit a new all-time high of $17.5 per transaction on Feb.

How to Get Your Crypto Out of Robinhood Without Paying Taxes

Robinhood doesn’t allow cryptocurrency withdrawals.

Binance suspends withdrawals citing 'increased requests from new users'

Binance, the world’s largest crypto-exchange by volume, has announced that it will be suspending withdrawals temporarily in order to address a large increase in "requests from new unique users." The post Binance suspends withdrawals citing 'increased requests from new users' appeared first on AMBCrypto.

Dogecoin withdrawals get complicated during parabolic price increase

Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest. Global cryptocurrency exchanges are increasingly experiencing issues with Dogecoin (DOGE) withdrawals amid Redditors pumping the altcoin up to 900% in the past two days. On Jan.

Bitstamp imposes KYC for Dutch traders withdrawing to external wallets

To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet. Digital asset exchange Bitstamp has reportedly banned Netherlands-based users from withdrawing crypto to external wallets without first verifying they own the receiving address. According to a letter authored by Bitstamp that was shared on Twitter by user “Bitcoin Marcus,” Bitstamp’s users in Holland must now submit third-party addresses alongside photographic evidence they own the wallet for whitelisting before withdrawals will be processed.

Huobi Global now supports ruble deposits and withdrawals

Huobi partnered with fiat and crypto payment processor AdvCash to unlock deposits and withdrawals in the Russian ruble. Major global cryptocurrency exchange Huobi is introducing Russia’s national fiat currency on its trading platform. According to a Jan.

Huobi Now Supports RUB Deposits and Withdrawals, Announces Crypto Purchase Campaign

The global crypto exchange leader, Huobi has announced support for the Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform.

OKEx Launches Real-Time Settlement for Derivatives Trading

OKEx launches real-time settlement for the trading of derivatives on its platform allowing users to make withdrawals at any time.

BitcoinPoint, Cashzone Allow Users to Sell Bitcoin Using 16K ATMs Across UK

London-based cryptocurrency company BitcoinPoint announced Thursday bitcoin holders can now cash out bitcoin from 16,000 Cashzone automated teller machines (ATMs) situated across the entire UK

UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million

UK-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals.

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

UK-based crypto exchange EXMO has detected suspicious activity on its platform, and as a preemptive measure, it has suspended withdrawals for the time being.

Exmo crypto exchange suffers hack, halts all withdrawals

Major cryptocurrency exchange Exmo lost 5% of its total assets due to an apparent hacking attack. Exmo, a cryptocurrency exchange headquartered in the United Kingdom, has suffered a major security breach causing the platform to freeze all withdrawals. According to a Dec.

KuCoin, HBTC suspend $FIL deposits, withdrawals as Filecoin network comes to a halt

Earlier today, the Filecoin network was brought to a halt due to a bug, one which led to most nodes being stuck at height 336459 with mismatched state compute errors due to indeterminate behavior.

Eth2 becomes the fourth-largest staking network and it keeps growing

Eth2 already ranks as the fourth-largest staking network by TVL despite launching six weeks ago and with withdrawals still yet to be enabled. Ethereum 2.0 has already emerged as the fourth-largest proof-of-stake network by total value locked in staking within roughly six weeks of the Eth2 deposit contract going live. Despite withdrawal functionality not yet enabled, and no precise estimation for its full launch date, nearly $1 billion worth of Ether has already been designated for staking.

Kraken announces Lightning Network integrations for 2021

Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. Major US-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin (BTC) Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming Lightning allows Bitcoin “to process millions of transactions per second." Speaking to Cointelegraph, Kraken’s lead Bitcoin strategist Pierre Rochard revealed that Lightning will first be integrated for withdrawals during the first half of 2021, bringing down transfer fees from roughly $10 per transaction to about one penny — just enough to prevent spam transactions — and allowing "instant" withdrawals. Rochard noted that deposit functionality is slated to follow next.

BitMEX Upgrades Custody System And Integrates Bitcoin Core

BitMEX users to enjoy faster bitcoin deposits and withdrawals after the derivatives exchange announced a major update of its integration system.

Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits

According to data, bitcoin balances on exchanges are shrinking a great deal and have dropped to levels not seen in two years.

Bitcoin Balance on Exchanges Falls to July 2018 Lows

Bitcoin continues to depart crypto exchanges, with a sudden uptick in withdrawals in the last week.

Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders

Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes.

Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened

Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday.

OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

Jay Hao pledged in an AMA that his firm has taken steps to ensure that cryptocurrency withdrawals can't again be stuck by the absence of a key holder.

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.

Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals

Coinbase has again experienced technical difficulties during heavy crypto trading, this time announcing delays in BTC withdrawals.

Bitcoin flowing out of OKEx and Huobi, mainly enter Binance

OKEx opened its withdrawals on 26 November, a day before the previously announced date.

Bitcoin Worth $5 Billion Withdrawn From OKEx as Users Look for Other Alternatives

The BTC balance on OKEx has been reduced to about 212,000 coins as users withdrew around 29,300 BTC from the exchange after resuming withdrawals.

BTC Price Analysis: Bitcoin’s Next Possible Targets If The Sharp Correction Continues

Bitcoin price has crashed hard today in the wake of OKEx announcing the reopening of withdrawals one day earlier than initially scheduled.

Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume

Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov.

OKEx Sees Biggest Bitcoin Outflow for 6 Months Soon After Resuming Withdrawals

About 2,822 bitcoins were moved from OKEx within 15 minutes of withdrawals restarting.

OKEx Resumes Withdrawals 5 Weeks After Freeze

The cryptocurrency exchangeis now reopening withdrawals five weeks after services were suspended due to a missing key holder.

OKEx announces impending reopening of withdrawals

After a month of confusion and wariness, OKEx users have finally received the response they have waited for.

OKEx to Resume Withdrawals Before Nov. 27, Offers New Compensation Programs

OKEx will compensate those users who have been frustrated by its suspension of withdrawal service.

After rocky month, OKEx to reward users up to $1000

Cryptocurrency exchange OKEx has been in the spotlight ever since it announced a temporary suspension of withdrawals on 16 October.

Crypto Exchange OKEx Is Giving Customers up to $1,000

The exchange is rewarding loyal users after a police crackdown caused it to pause withdrawals for over a month.

OKEx to Restore Crypto Withdrawal Service on Its Platform by Nov 27

Users of leading cryptocurrency spot and derivatives exchange, OKEx can now rejoice as the platform has announced the resumption of cryptocurrency withdrawals by Nov 27.

KuCoin inches closer to recovery by reopening deposits and withdrawals

After a crippling hack, KuCoin looks to return to normalcy — but what's next for the troubled exchange? In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services of all tokens.”  The announcement follows a partial reopening that took place in October where users could move their BTC, ETH, and USDT off the exchange.

OKEx Exchange Says Crypto Withdrawals to Restart by Next Friday

"The private key holder has now returned to his normal business functions," the exchange said in a notice Thursday.

OKEx Crypto Exchange to Resume “Unrestricted Withdrawals,” Causing OKB Token Price to Rise More

Following a temporary suspension of withdrawal services to cooperate with an investigation, OKEx said it will resume withdrawals on or before November 27.

OKEx to Reopen Withdrawals By November 27

Major crypto exchange OKEx confirmed that it will reopen "unrestricted withdrawals" on or before November 27. "One of OKEx’s private key holders has completed assisting the authorities in a previously referenced investigation.

OKEx reopens withdrawals

After almost a month of zero completed withdrawals, OKEx has announced that it is opening its withdrawal services. There were rumors about the release of founder Xu Mingxing after which the OKB tok The post OKEx reopens withdrawals appeared first on AMBCrypto.

OKEx Plans To Reopen Unrestricted Withdrawals By Nov 27th

Users will be able to withdraw funds from OKEx in the following weeks and take advantage of loyalty rewards programs, the exchange announced today.

Crypto Exchange OKEx to Reopen Bitcoin Withdrawals

The Chinese crypto exchange suspended withdrawals in October after its founder was taken away by police.

OKEx to resume withdrawals next week with promises of 100% reserves

OKEx is set to lift its withdrawal freeze first introduced on Oct.

OKEx Token Price Rises 11% on Rumors of Founder’s Release

OKEx paused withdrawals after its founder was reportedly taken into police custody in mid-October.

Unannounced Ethereum Hard Fork: Binance ETH Withdrawals Temporarily Halted

Ethereum’s network has suffered a hard fork, as there were irregularities on infrastructure providers Infura and Blockchair.

OKEx resumes deposits and withdrawal of fiat currency

Four weeks back, prominent cryptocurrency exchange, OKEx had to suspend deposits and withdrawals of all cryptocurrencies due to a brawl involving its investors and users.

Binance pauses Ethereum withdrawals as network suffers ‘minor hard-fork’

Geth developers to blame? The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair. While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and service providers to interact with the Ethereum network, independent node operators reported issues as well. During the incident, Binance has paused withdrawals and its CEO Chanpheng Zhao referred to a “possible chain split” as the culprit. Blockchair, a popular block explorer, reported of a discrepancy between the blocks it saw and those published by Etherscan.

Ethereum withdrawals disabled as Infura experiences downtime

Infura, a hosted Ethereum node cluster that allows users to run applications without the need of an individual node or wallet, is experiencing downtime, at the time of writing. The infrastructure p The post Ethereum withdrawals disabled as Infura experiences downtime appeared first on AMBCrypto.

Ethereum Infrastructure Provider Down: Exchanges Halt ETH Withdrawals

Major cryptocurrency exchanges are halting ETH withdrawals as an Ethereum Infrastructure provider Infura experiences issues.

Ethereum Infrastructure Provider Down; Binance Disables Withdrawals

Source: Adobe/stockphoto-graf Ethereum (ETH) infrastructure provider Infura went down a bit more than an hour ago, resulting in a price feed delay of ETH and ERC-20 tokens, as well as some exchanges disabling withdrawals.

This Key Metric Suggests Bitcoin Investors Are Starting to Get Greedy

Bitcoin has undergone a strong surge since the lows seen when OKEx announced it had frozen withdrawals.

DragonEx to introduce ‘temporary’ solution to allow withdrawals

Singapore-based cryptocurrency exchange DragonEx published an update stating that it will introduce a temporary plan to allow withdrawal of crypto on its platform:  Due to the uncertainty of the fi The post DragonEx to introduce ‘temporary’ solution to allow withdrawals appeared first on AMBCrypto.

DragonEx resumes withdrawals with a temporary internal token mechanism

DragonEx is introducing a new withdrawal method in an effort to save its business. Cryptocurrency exchange DragonEx is introducing a stopgap measure to reintroduce withdrawals after some problems last month.  According to an official announcement on Nov.

OKEx denies rumblings of founder's criminal detainment, withdrawals still closed

After weeks of little information, digital asset withdrawals remain closed on crypto exchange OKEx while the entity denies rumors of arrest of leader.

OKEx hires 'external legal counsel' to resolve suspension of withdrawals

Cryptocurrency exchange OKEx shared an update today stating that it has now hired an "external legal counsel" to help resume withdrawals it halted on 16 October, which had left many traders frustrated The post OKEx hires 'external legal counsel' to resolve suspension of withdrawals appeared first on AMBCrypto.

Huobi reassures users amid large USDT and Bitcoin transfers

Amid rumours of Huobi’s exec arrest and speculations arising from large USDT deposits and BTC withdrawals, the Singapore-based crypto company said in a statement today that it was “operating norma The post Huobi reassures users amid large USDT and Bitcoin transfers appeared first on AMBCrypto.

Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals

Does someone know something the public doesn't? Crypto-Twitter has been abuzz with speculation about a large amount of USDT flowing into the Huobi crypto exchange.

OKEx, Still Paralyzed by Founder’s Arrest, Details Plans for Bitcoin Cash Hard Fork

While cryptocurrency withdrawals on OKEx remains suspended, the exchange is detailing its plans for the scheduled Bitcoin Cash fork in November.

Hacked? Crypto Lending Platform Cred Suspends Deposits And Withdrawals While Cooperating With Authorities

Cred users are unable to withdraw or deposit funds on the platform for now, while the crypto lender cooperates with authorities to investigate an "incident."

OKEx Denies Using Single-sig Bitcoin Cold Wallet

The exchange, which has halted withdrawals since October 16, says a report purporting to be from a Chinese crypto site is fake.

P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders

Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect.

OKEx resumes normal function; withdrawals still suspended 

Cryptocurrency exchange OKEx has shared an update today again declaring that its users were safe and that it would resume trading from 12:00 pm UTC onwards for certain fiat pairs such as CNY, INR and The post OKEx resumes normal function; withdrawals still suspended  appeared first on AMBCrypto.

OKEx resumes normal function, but withdrawals still closed

After a number of issues, OKEx is back up to speed, sort of.

OKEx’s lips remain sealed on its sudden crypto withdrawal freeze

OKEx’s secrecy around locking customer withdrawals has led to misinformation and confusion around what’s happening with the exchange.

Tron opens 'manual' withdrawal option for TRX holders on OKEx

The Tron Foundation has taken the decision to provide an "internal transfer" option for TRX holders affected by the OKEx withdrawals freeze. The Tron Foundation has published an update on a decision it took yesterday to enable Tron (TRX) holders to withdraw their tokens from the OKEx cryptocurrency exchange.

DragonEx crypto exchange considering shutdown amid OKEx 'crisis of trust'

DragonEx is shutting down deposits and withdrawals of all cryptos. DragonEx crypto exchange suspended deposits and withdrawals of all digital currencies on its platform due to issues triggered by OKEx’s ongoing withdrawal freeze. In an official announcement on Oct.

OKEx users express frustration over suspended withdrawals

“It's a bit weird one of the biggest exchanges in the world isn't letting us withdraw money for so long,” said one crypto Twitter user. Major exchange OKEx suspended crypto withdrawals on Oct.

Crypto Roundup: October 19th, 2020

Bitcoin has shown resilience over the past week, holding firm above the newly conquered $11k level as cryptocurrency exchange OKEx suspends withdrawals, sending a tremor through the market.

OKEx’s OKB Crypto Slides Another 20% as Fears Around Exchange Fester

Earlier this week, it was revealed that OKEx had frozen all crypto withdrawals from its platform over concerns about a private key holder.

OKEx Token Price Tumbles Added 20% in Wake of Suspended Withdrawals

OKB is trading just above $4, down from nearly $6 before the news.

The OKEx Saga: All You Need To Know 24 Hours Later

Suspended withdrawals on a major exchange, founder reportedly taken away by the police, but all funds are safe - all in 24 hours.

"DeFi can solve this" or is it too soon to tell?

Bitcoin took a 3% hit as OKEx announced the temporary suspension of crypto withdrawals on 16 October.

BTC Transfers, CBDC Airdrops, Regulatory Warnings and 20 Crypto Jokes

It was a fun crypto week. OKEx suspended withdrawals as they couldn't get in touch with a private key holder.

Ascending channel Bitcoin price breakout possible despite OKEx scandal

Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders. Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since then the price has slumped back into a sideways range.  Several rejections near $11,500 and the recent news of OKEx halting all withdrawals as its CEO ‘cooperates’ with an investigation being carried out by Chinese authorities is also weighing on investor sentiment and Bitcoin price.

Industry Continues to React to OKEx Freezing Bitcoin Withdrawals

Yesterday, leading Bitcoin exchange OKEx revealed that it had frozen withdrawals of all cryptocurrencies, from Bitcoin to the altcoins it supports.

No Timeline for Resuming Bitcoin Withdrawals: OKEx

Cryptocurrency exchange OKEx halted withdrawals after its founder (and private key holder), Xu Mingxing, was led away by police.

Huobi Guarantees Normal Operations During OKEx’s Suspension of Crypto Withdrawals

Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency withdrawals indefinitely.

Okex Halts Withdrawals Due to ‘Out of Touch’ Private Key Holder, Founder Star Xu Talks With Police

The digital currency exchange Okex disabled cryptocurrency withdrawals on Friday morning and explained that funds were “safe and not affected.” Following the withdrawal announcement, regional reports claim that Okex’s founder Mingxing “Star” Xu was taken away by the police.

Blockchain Bites: OKEx Freezes Withdrawals, DeFi Audits Queue, Nigeria Urges Crypto Adoption

OKEx has frozen withdrawals, audit firms are experiencing a backlog of DeFi projects and the Trump administration is examining DLT for national defense.

Bitcoin News Roundup for Oct. 16, 2020

With BTC dropping, OKEx halting withdrawals and Filecoin launching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

OKEx founder reportedly under investigation as exchange suspends withdrawals

OKEx founder Star Xu was reportedly questioned by police a week ago. The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals. OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today.

Crypto Exchange OKEx Founder Has Been Arrested

Earlier today, crypto exchange OKEx suddenly stopped withdrawals.

Why Bitcoin price abruptly dropped 3% in 30 minutes on OKEx freeze

The price of Bitcoin dropped 3% in just 30 minutes after the major cryptocurrency exchange OKEx suspended withdrawals. OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct.

Bitcoin’s Struggles Continue at $11,300 On OKEx Withdrawals Suspension (Market Watch)

Bitcoin dropped by over $300 in about an hour and dipped beneath $11,300.

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.

Cryptocurrency exchange OKEx suspends withdrawals on its platform

Leading crypto-exchange OKex has suspended all digital assets and cryptocurrency withdrawals indefinitely until further notice.