Luno to Reinstate Deposit and Withdrawal Function for Nigerian Clients — Deni...
One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected to happen “in the coming weeks.” Luno Not in Direct Communication With CBN As a report by The Guardian noted, this announcement by Luno is coming some seven months after the Central Bank of Nigeria (CBN) directed banks to exclude cryptocurrency entities from the banking ecosystem.....
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One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” The Restrictions on Transfers However, despite this acknowledgement, Luno has so far refused to explain how the exchange sets the so-called “dynamic risk-based limits.” According to a report, the limits — which are separate from the send limits that appear on Luno’s....
The digital asset exchange that was hacked to the tune of $281 million in September said it's restored the deposit and withdrawal services of all tokens.
Following an attack that brought trading at Polish exchange to a grinding halt late last week comes the news that the exchange has resumed service as of a couple of hours ago (noontime, Polish time) for clients trading with the Polish Zloty. For clients trading with the Euro, trading shall be resumed on the 20th of March, this Thursday, also at noontime, according to Bitcurex. User passwords have been reset, and the exchange is asking clients to use the "password reminder" function to obtain their login credentials. Deposit addresses have also been changed, and the exchange is warning....
BTC-e, the notoriously private bitcoin exchange rumoured to be based out of Bulgaria, has revealed that it has reduced fees across three of its third-party withdrawal services. The news was revealed via a string of Twitter posts beginning on 27th February and continuing into 28th February that called for USD and EUR withdrawal fees to be reduced to as low as 1%. The move brings withdrawal fees closer to the site's USD deposit fees, which were slashed to 0% on OKPAY and Perfect Money earlier in February. BTC-e imposes an additional standard fee of 0.2 to 0.5% fee on every transaction.....
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced the launch of an early-stage investment arm whose objective is to back fintech, crypto, and Web3 startups. Known as Luno Expeditions, the investment arm is expected to fund somewhere between 200....