Crypto.com CEO Refutes Rumors Of Withdrawal Restrictions
As the ongoing crypto bloodbath has brought many crypto-oriented businesses on the verge of collapse, general sentiments are pointing toward Crypto.com as the next victim. While many other crypto businesses are making changes in their policies to prevent platforms from the drastic effects of the current macro-headwinds, rumors arose that the crypto exchange has imposed […]
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It’s not surprising that lots of crypto-related services and firms are making some adjustments to weather the bearish market and KuCoin was among the listed firms that were rumored to reduce staff due to the prevailing crypto winter. Many firms have struggled to handle the impacts of the price drop of cryptocurrencies. Some even treaded […]
Rumors linked KuCoin’s intent to stop withdrawals with the Terra (LUNA) and the 3AC collapse, which according to the warnings, led to “immense suffer” for the exchange. Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about an incoming ban on funds withdrawal. KuCoin CEO, Johnny Lyu, was however quick to dismiss the unvetted rumors before they picked up steam.Prominent crypto figures on Twitter, including trader @KongBTC and blockchain investigator @otteroooo, requested their followers to withdraw all of their....
Ethereum’s second layer solution Polygon has been selected to participate in an exclusive entrepreneurial program. Launched by The Walt Disney Company, the blockchain-based project is this year’s only crypto company selected to participate in the 2021 Disney Accelerator Program. Related Reading | KuCoin CEO Refutes Massive Layoff Rumors Instead Plans To Hire More Staff This initiative […]
Bitcoin’s highest influence allegedly stems from China — the truth behind these words is evident once again. Bitcoin has plummeted by a full eight percent in light of rumors that Chinese legislators are looking to implement regulations that could bear potential restrictions on bitcoin’s use. What’s Going on in China? Following several healthy weeks, bitcoin has fallen to about $705 from a high of $740, and investors aren’t happy. The new rules that China is possibly implementing would limit bitcoin trading by preventing exchanges from transferring funds to platforms outside Chinese....
After weeks of little information, digital asset withdrawals remain closed on crypto exchange OKEx while the entity denies rumors of arrest of leader. After closing digital asset withdrawals in mid-October, Malta-based crypto exchange OKEx still remains tight-lipped about an unspecified on-going investigation. OKEx claims detainment chatter as simply rumors, although customers are still left without withdrawal access on the exchange, even after three weeks, hearing no palatable details around the scene. "Claims that a concerned party related to OKEx is under criminal detention have been....