Binance temporarily suspends LUNA, UST withdrawals citing network congestion

The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff. As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major crypto exchange Binance temporarily suspended the withdrawals for Terra (LUNA) and UST on Tuesday. The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1.00 price point as LUNA’s price witnessed a sharp decline owing to a major selloff.

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe.

Wikimedia Foundation Has Suspended Crypto Donation on its Platforms

The Wikimedia Foundation has announced that it is going to suspend cryptocurrency donations across its wide range of platforms.

Aave founder Stani Kulechov briefly suspended from Twitter after joking about becoming interim CEO

Not everyone is convinced that Elon Musk’s takeover of Twitter will promote free speech.

Crypto Exchange With Belarusian Roots Halts Operations for Russian Users

Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients.

Coinbase suspends crypto payment services days after India launch

America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators. The largest US-based crypto exchange Coinbase has stopped payment services through United Payments Interface (UPI) on its platform for Indian users just three days after its launch in the South Asian subcontinent.The UPI is the payment portal governed by the National Payment Corporation of India (NPCI), which facilitates buy orders on Coinbase’s India services.

Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs).

Binance Resumes EUR & GBP Payments after Months of Regulatory Crackdown

Binance exchange has announced it will be resuming deposits and withdrawal services for Euro (EUR) and the British Pounds (GBP), months after it suspended the services for its users.

Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout

  The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country.

Crypto Donations Pour into Ukraine - Here's How You Can Contribute

  Cryptoassets are proving themselves to be a useful method to raise money for organizations in Ukraine, as banks implement new restrictive measures and at least one fiat-based fundraising service has suspended donations to a Ukrainian non-profit....Read More: Crypto Donations Pour into Ukraine - Here's How You Can Contribute

Patreon Suspends Ukrainian NGO Come Back Alive For 'Funding Military Activity'

Ukrainian NGO Come Back Alive has been suspended from Patreon, but is already raising hundreds of thousands of dollars in Bitcoin.

Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues

Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems.

ENS dumps director of operations in condemnation of homophobic tweets

Twitter deleted the tweets in question and suspended Brantly Millegan’s account, preventing him from responding to critics and supporters on the social media platform. True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets.On Feb.

Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In Venezuela

Sunacrip, the Venezuelan cryptocurrency watchdog, has suspended the operating licenses of two exchanges for lack of compliance with current regulations.

Crypto.com Suspends Withdrawals After 'Unauthorized Activity'

  Major crypto platform Crypto.com has suspended withdrawals and says that all funds are safe after what has been described as “unauthorized activity” in a small number of user accounts.

Spanish Deputy Suggests Spain Might Attract Kazakhstan Miners

Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet service was suspended, affecting their operative capacity.

Singapore's MAS flags Bitget following dispute with K-pop band BTS

The Monetary Authority of Singapore has suspended operations of crypto-exchange Bitget in the country, according to a report by FT.

Singapore suspends Bitget exchange license over K-Pop coin promotion

The Singapore-based Bitget exchange has reportedly lost its license after a legal tussle with the agency for K-Pop boy band BTS. Singapore-headquartered digital asset platform, Bitget, has reportedly been suspended by the Monetary Authority of Singapore after getting into a dispute with an agency for the popular K-Pop boy band BTS.As reported by the Financial Times on Dec.

Bitmart Says It Lost USD 150M In a Hack, Suspends Withdrawals

  One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice.

Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years

Irish-American financial services and software as a service company, Stripe is likely to resume its Bitcoin payment services in the near future, a move the company halted back in 2018.

Manchester City officials sign and suspend partnership with mysterious crypto firm within a week

It is unusual for an organization such as a Premier League football club to publicly announce a partnership with a relatively unknown company in the crypto space and then quickly back out without explanation. English Premier League football club Manchester City has suspended a partnership with a startup crypto firm after seemingly not doing its due diligence prior to signing.According to Daily Mail reporter Jack Gaughan, Manchester City is currently “conducting further enquiries” regarding 3key Technologies, the crypto firm with which the club inked a deal on Nov.

Dogecoin network withdrawals suspended on Binance after security update

Dogecoin investors trying to withdraw their assets from the Binance crypto exchange might have felt like howling when they found out that it wasn't possible. A 'ruff' day for investors On the afternThe post Dogecoin network withdrawals suspended on Binance after security update appeared first on AMBCrypto.

Thai SEC intends to revoke operating license of Huobi crypto exchange

Huobi's operations in Thailand have been suspended by local authorities after it allegedly failing to comply with local regulations. Thailand’s Securities and Exchange Commission (SEC) has temporarily suspended the services of the local branch of crypto exchange Houbi and recommended revoking its operating license with the Ministry of Finance.

Binance takes another hit, this time in Singapore, suspended offerings include SGD trading pairs

Another regulatory hammer struck Binance after the country's Central Bank put the exchange on an "Investor Alert List." The Central Bank ordered Binance to stop soliciting trades for the Singapore resThe post Binance takes another hit, this time in Singapore, suspended offerings include SGD trading pairs appeared first on AMBCrypto.

Teacher ‘Treatened Pupil with Weapon’ After Suffering Bitcoin Losses

Source: AdobeStock / c_atta A South Korean school teacher who asked their students to invest in bitcoin (BTC) for them went on to threaten one of their teenaged students with a weapon after token prices began to fall. Per Chosun, the teacher in question, an unnamed 48-year-old head of a private academy in the city of Daejeon, was recently handed a suspended jail sentence of 18 months and two

The 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World

Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the US dollar into gold.

Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State

Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state.

HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK

HSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance.

Chinese Blockchain News Flash Media Platform Bi Shi Jie.com Suspends its Operations

China's well-known cryptocurrency advisory platform- Bi Shi Jie, has reportedly temporarily suspended its App and website operations.

Is Bitcoin SV 'collapsing in real-time' right now?

Bitcoin SV continues to be in the news for all the wrong reasons after Gravity recently suspended both withdrawals and deposits for the cryptocurrency.