News with the tag "withdrawals"

In the fast-paced world of cryptocurrency, even the slightest movements can send ripples through the market. Recently, eagle-eyed crypto analysts spotted a significant event unfolding at one of the largest crypto exchanges globally – Binance. Let’s dive into the details of these substantial ETH with...

In the fast-paced world of cryptocurrency exchanges, security incidents are an unfortunate reality. When news of a potential security breach hits, panic can spread faster than a memecoin surge. But what happens when a major exchange faces such a challenge? This week, Bybit, a prominent crypto platfo...

In the fast-paced and often turbulent world of cryptocurrency, the security and stability of exchanges are paramount. Recent events have put crypto platforms under intense scrutiny, highlighting the critical importance of robust asset management and user trust. A recent report regarding Bybit, a pro...

In a sigh of relief for Bybit users, CEO Ben Zhou has officially announced the complete restoration of the exchange’s withdrawal system. This welcome news follows a challenging period sparked by a significant security breach. If you were among those anxiously awaiting access to your funds on Bybit, ...

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 Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Fe...

Is your crypto portfolio feeling the tremors? Recent reports indicate a massive surge in traffic hitting cryptocurrency exchanges, and Bybit is no exception. Users experienced delays in ETH withdrawals, sparking concerns across the crypto community. But fear not, Bybit has stepped up with a solution...

The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often...

Mudrex reported a 200% yearly increase in its user base, surpassing 3 million.

CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack last year.

The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ET...