Tag: Withdrawals

Ethereum developers create ‘shadow fork’ to test conditions for Ether withdrawals

Because the Ethereum Shanghai update is imminent. The developers created a testing environment called a "shadow fork," according to a tweet on Jan. 23. Go-Ethereum developer Marius Van Der Wijden has created a 'shadow fork' to test the conditions required for withdrawals of staked Ether (ETH), which is currently disabled. But it is expected to be available for withdrawal in an update. Withdrawal-Mainnet-Shadow-Fork-1 is finalizing It started out with a few issues because the config wasn't correctly applied on geth...

Exchange Gate .io is experiencing slow deposits and withdrawals. due to node maintenance

Gate.io is experiencing slow deposits and withdrawals. due to node maintenance from third party cloud providers followAnnounced on December 18 Affected by our data center provider's network issues, we will have some delays on the deposit and withdrawal services. The other services on https://t.co/8kWqgEeplL are not affected. your funds are SAFU. The delays will be recovered as soon as the network is fixed. pic.twitter.com/nEITwPzzsb— Gate.io (@gate_io) December 18, 2022 Gate.io said the transaction was still valid and claimed its users'...

OKX halts withdrawals for 7 hours after Alibaba cloud failure in Hong Kong

OKX encountered a withdrawal problem. for almost seven hours due to a failure with the cloud provider A spokesperson for the exchange pointed to Alibaba's suspension of services in Hong Kong. On Dec 18, 2022, #OKX systems experienced an outage on our platform due to a hardware issue with our cloud service provider. What does this mean for the safety of customer funds & open orders? How do we ensure this does not happen again? Details: https://t.co/lUK5SUDjwz— OKX (@okx) December...

Binance has hit $3.6 billion in net withdrawals in the last 7 days.

A report by crypto analytics firm Nansen indicates that Binance had net withdrawals of more than $3.6 billion from Dec. 7 to Dec. 13. with total outflows of approximately $8.8 billion while total inflows are estimated at $5.1 billion. Binance Netflow 7D ($) -3,660,311,3478,783,380,428 – Outflow5,123,069,081 – InflowExchange Flows dashboard https://t.co/CYrBQLryQ0 pic.twitter.com/vV6vcqoWKK— Nansen (@nansen_ai) December 13, 2022 Additionally, the net daily inflow of Ethereum ERC-20 tokens to Binance was over $2 billion a day back in November. Instead, it outflowed...

Nigeria bans ATM withdrawals over $225 per week to force people to use CBDCs

Nigeria has announced a significant reduction in the amount of cash that individuals and businesses can withdraw. as it seeks to push for a “cash-less Nigeria” policy and increase the use of eNaira, the Central Bank Digital Currency of Nigeria (CBDC). central bank of nigeria leaveThe December 6 order states that individuals and businesses will be limited to withdrawals of $45 (₦20,000) per day and $225 (₦100,000) per week from ATMs. Individuals and businesses are limited to bank withdrawals per...

AAX Exchange Customer Enters Nigeria Office Ready to physically abuse employees due to withdrawal withdrawals

Clients of Nigeria-based crypto exchange AAX reportedly They stormed the company's offices in Lagos. and physically assaulting employees of the company from the recent suspension of withdrawals according toreportFrom local media on December 3 Although it is unclear when the attack occurred. But stakeholders of the Blockchain Technology Association of Nigeria (SiBAN) confirmed the news in a Nov. 28 announcement, asking angry users to exercise patience with the exchange's employees as they were affected. from the problem as well “We...