Binance suspends Solana withdrawals to manage increased transaction volume. SOL token sees modest decline despite suspension. Industry-wide challenges highlighted, including recent outages on major exchanges like Coinbase. Binance recognized for cybersecurity efforts amidst challenges.
Xu LinEligible customers will be able to withdraw 94% of the funds. The remaining users need clarity on when they can get their funds back.
BeincryptoCrypto exchange FTX has begun processing withdrawals, according to reports from users and the crypto community.
Bitcoinist
Coinlive Customer withdrawals that were previously processing but backlogged have been halted altogether, according to an announcement in the FTX Support Telegram group.
CoindeskThe crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.
CointelegraphSince halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds.
CointelegraphAs the ongoing crypto bloodbath has brought many crypto-oriented businesses on the verge of collapse, general sentiments are pointing toward ...
BitcoinistCrypto CeFi lender Vauld has suspended "all withdrawals, transactions and deposits."
CointelegraphThe market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.
Cointelegraph