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Binance warned that impersonators could exploit its withdrawal restart with fake compensation offers and fees for faster processing. The exchange also completed a cryptographic reserve proof, enabling customers to check…
Binance said withdrawal volumes were stabilizing after processing $4.649 billion following its post-hack restart. Deposits offset part of the withdrawals, leaving approximately $3.64 billion in net outflows as the exchange…
Cryptocurrency platforms often use complex offshore structures that leave retail depositors exposed to losses when platforms collapse. According to Roshan Dharia, customers frequently surrender legal ownership of their digital assets…
Sophon Chain is officially winding down its standalone Ethereum Layer 2 network, with the final mainnet shutdown scheduled for Nov. 30. Any assets left onchain past Nov. 25 risk becoming…
Binance added Withdraw Protection to block on-chain withdrawals for one to seven days, targeting forced crypto transfers during in-person coercion. The feature keeps trading and account access available while delaying…
Information about an alleged new regulation requiring Spanish citizens to report cash withdrawals over €3,000 recently went viral on social media. Spanish crypto and tax experts debunked this claim, stating…
Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System…
Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1%…
Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66%…
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move…