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Exchange News

Wyre 90% withdrawal
Posted inFinance
Tom Mitchelhill by Tom Mitchelhill | January 9, 2023January 9, 2023

Wyre Becomes Latest Crypto Company to Cut Withdrawals Ahead of Looming Shutdown

Wyre says the 90% withdrawal limit is in “the best interest of the community”.

Read more
Industry
swyftx superhero merger
Posted inIndustry

Yeah Nah: Swyftx Bail on Billion Dollar Merger with Superhero

Swyftx co-CEO Alex Harper has blamed increased regulatory hostility for the de-merger.
Tom Mitchelhill | December 21, 2022December 21, 2022
Crypto
FTX class action law suit
Posted inCrypto

Sam Bankman-Fried Secretly Funded Crypto News Site ‘The Block’

Former-CEO Michael McCaffrey failed to disclose $43 million in loans from Sam Bankman-Fried.
Tom Mitchelhill | December 10, 2022December 10, 2022
Industry
Digital Surge
Posted inIndustry

Crumbling Crypto Exchange Digital Surge Enters into ‘Voluntary Administration’

Digital Surge has engaged professionals to determine if it can be brought back from the dead.
Tom Mitchelhill | December 9, 2022December 12, 2022
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Business
BlockFi Bankrupt
Posted inBusiness

BlockFi? More Like BlockSigh: Crypto Lender Will Soon File for Bankruptcy

BlockFi’s ties to FTX will see the crypto lender go bust in the coming days.
Tom Mitchelhill | November 17, 2022March 31, 2023
Crypto
The Most Likely Exchanges To Fail Following The FTX Collapse, a green piggy bank melting into the digital ether.
Posted inCrypto

The Crypto Exchanges Most Likely To Fail Following The FTX Collapse

These platforms have all seen massive withdrawals, with critics fearing further crypto exchange collapses.
Tom Mitchelhill | November 15, 2022March 31, 2023
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