The team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days.
According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows...
Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally.
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith.
Users will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live.
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WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.
The Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds.
The firm manages more than $14.7 billion in digital assets through its OTC investment vehicles.
BTC price action targets $17,000 amid gently increasing volatility, with a week to go until U.S. inflation data.