Wyre says the 90% withdrawal limit is in “the best interest of the community”.
Exchange News
Industry
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.
Crypto
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.
Industry
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.
Business
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.
Crypto
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.