In light of the significant worsening in the macroeconomic factors, Blockchain.com concluded that it was necessary to terminate BACM, which catered to institutional players. Some crypto companies have been feeling the effects of market instability and liquidity problems. The prominent cryptocurrency business Blockchain.com has decided to close down its crypto wealth management arm in the … Read more
Bybit deposits in U.S. dollars are “No Longer Available,” and withdrawals may only be made up to March 10. The cryptocurrency exchange headquartered in Dubai reported that it temporarily halted accepting U.S. dollar deposits made via bank transfer due to a partner-triggered service failure. Bybit has notified (1) on its website that all wire transfers … Read more
Hodlnaut, a cryptocurrency lender based in Singapore, has suspended withdrawals due to difficult market conditions. On Monday, the cryptocurrency lending & borrowing platform Hodlnaut, which is based in Singapore, made the announcement that it has temporarily halted client withdrawals, exchanges, and deposits. The company stated that the move was prompted by “challenging market conditions” as … Read more