usd deposits
Bybit suspends USD bank transfers amid service outages
Dubai-based crypto exchange Bybit has temporarily suspended USD deposits via bank transfers due to "service outages from a partner." Users can still withdraw funds through wire transfers until March 10, but are encouraged to do so as soon as possible to avoid potential disruptions. Bybit has exposure to the bankrupt crypto lender Genesis Global Trading and claims all client funds are safe and secure.
7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin
This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.
Russia Restricts Anonymous Cash Deposits to Online Wallets
The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.
Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises
The total number of Ethereum deposits in ETH 2.0 continues to climb as it recently set a new all-time high.
Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures
Singaporean Intercontinental Exchange (ICE) announced its plan to launch the Bakkt Bitcoin (USD) Cash Settled Monthly Futures, the first well-regulated futures platform for cryptocurrencies, on December 9.
Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.
Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms
Robinhood announced its intention to implement cryptocurrency deposits and withdrawals.
Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days
Glassnode recently noted that the total value staked on Ethreum has reached over 1.5 million ETH.
Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals
Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.
Global Currency Organization Launches New USD Stablecoin USDD
The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.
Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding
Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.
100 Million: You Can Apply Swiss New FinTech licence Permitting to Accept Public Deposits of Up to 100 Million Next Year
From 2019, interested parties can apply for the new FinTech licence. The Swiss Financial Market Supervisory Authority FINMA is responsible for granting this licence. It has published guidelines aimed at simplifying the application process.
Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices
Shenzhen’s pilot blockchain technology invoice system has reached a new milestone. The program known as ‘fapiao’ which allows the Chinese government to track purchases and prevent tax evasion, has just issued its 10 millionth invoice.