China News Daily TheBitTimes.com

On February 20, Binance concluded the delisting of Monero (XMR), as previously announced and reported by Finbold. The day before the delisting was tumultuous for the leading privacy coin.  Interestingly, Binance customers reported the centralized exchange suddenly suspended Monero withdraw als on February 19, raising concerns about the company’s motives. A print screen shared on X (formerly Twitter) showed a working deposit system for XMR and the suspension warning: “Monero (XMR): Withdrawal suspended. Low hot wallet balance” Picked for you Will XRP ever reach $1? 30 mins ago Dogecoin price prediction as DOGE surpasses 1 million daily transactions in February 2 hours ago XRP set to soar as expert identifies '2024 Run' to $2 21 hours ago 3 cryptocurrencies under $0.10 to buy this week 21 hours ago In this context, the privacy enthusiast and commentator under the pseudonym Untraceable questioned Binance’s operation and motives. H...

Bittrex customers are now on the brink of regaining control over their assets as a court order has granted the platform the authority to allow withdraw als. “The platform will be up and running for withdraw als on Thursday, June 15,” Bittrex attorney Patricia Tomasco told Blockworks on Wednesday. US District Judge Brendan Shannon signed the court order on Tuesday, authorizing the bankrupt crypto exchange to honor withdrawals. Bittrex is “authorized to take all actions necessary to effectuate the relief granted,” he added. The Justice Department last week opposed Bittrex’s request to permit customers to withdraw their crypto and fiat currencies, arguing that the motion was premature and improperly sought to prioritize creditors not included in a formal plan. The decision was influenced, in part, by the fact that Bittrex’s largest creditor, the US Treasury’s Office of Foreign Assets Control (OFAC), would have its claim subordinated under its proposed plan. OFAC’s claim exceeds $2...

Major crypto exchange Kraken identified an issue with crypto funding gateways, including BTC, ETH and ERC20, as users experience delays in deposits and withdrawals. The cryptocurrency exchange Kraken reportedly says that it's currently investigating an issue with several crypto funding gateways, including major ones such as Bitcoin (BTC), Ethereum (ETH) and ERC20.  On June 6, Kraken’s status page said, “Deposits and withdrawals are currently delayed. We will provide any updates as soon as possible.” The first notice was posted around 07:44 UTC, followed by two updates saying they are continuing to “work on a fix” for the issue . The status page did not make clear what is causing the issue . This is a developing story, and further information will be added as it becomes available. Source: https://thebittimes.com/kraken-experience-delays-in-deposits-and-withdrawals-amid-gateway-issues-tbt50047.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger...