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Tag Archives: Suspends

Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’

Major crypto exchange Bitfinex has temporarily suspended all fiat wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling. This is according to several reports today, Oct. 11. While the exchange has not specified a reason for the suspension, it states that deposits are “expected to resume within a week.” As reported Oct. 8, the exchange has recently ...

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Bitfinex Suspends Fiat Deposits amid Bitcoin Selloff

Did cryptocurrency exchange giant Bitfinex play a role in last night’s bitcoin sell-off? As first reported by The Block, the British Virgin Islands-based but Hong Kong-operated exchange has “temporarily paused” EUR, USD, JPY, and GBP wire deposits, although screenshots from customer accounts circulated on social media suggest that the situation should “normalize within a week.” Bitfinex’s EUR, USD, JPY, GBP ...

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U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs

Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U.S. regulatory watchdog due to investor confusion. Starting September 9, 2018, the Securities and Exchange Commission (SEC) has suspended all U.S. trading of Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) until September 20, 2018. The exchange-traded notes (ETNs) are ...

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Bitcoin Markets Volatile After US SEC Suspends Trading in Two Crypto-Based Securities

US regulators banned trading of XBT Provider’s Bitcoin and Ether Tracker One securities Sunday, September 9, briefly sending cryptocurrency markets tumbling. Citing “confusion” among investors, the U.S. Securities and Exchange Commission (SEC) issued a notice that two exchange-traded notes (ETNs) –  Bitcoin Tracker One (“CXBTF”) and Ether Tracker One (“CETHF”) –  would cease trading until September 20. “The Commission temporarily ...

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SEC Suspends Trading in Bitcoin and Ethereum Investment Products

The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF), ...

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Indian Crypto Exchange Unocoin Suspends Fiat Deposits, Withdrawals in Wake of RBI Ban

Unocoin, a major Indian crypto wallet provider and exchange, has suspended rupee (INR) deposits and withdrawals “as per orders” from the country’s central bank, according to Unocoin’s blog post July 23. Unocoin notified its customers that fiat deposits and withdrawals are “temporarily disabled” until “an alternative method of funding is identified and deployed.” Meanwhile, crypto asset deposits continue to be ...

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The State Bank of Vietnam Suspends Import of Crypto Mining Hardware

The Vietnamese central bank, the State Bank of Vietnam (SBV) announced it will suspend the import of cryptocurrency mining hardware, according to local news agency Viet Nam News July 19. The move followed an official request from the Ministry of Industry and Trade (MoIT), which suggested a temporary ban of imports of crypto mining machines, the volume of which reportedly ...

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Binance Suspends Trading Temporarily Due to ‘Irregular’ SYS Transactions

Binance, the world’s largest cryptocurrency exchange, suspended trading as a temporary measure on Wednesday after spotting ‘irregular’ transactions of SYS tokens on its platform. The exchange said it had temporarily suspended trading and withdrawals for “system maintenance” following the unusual trading patterns of Syscoin (SYS) on its platform. Binance has since resumed trading activities and it has been confirmed that all ...

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EOS Suspends 27 Accounts with No Reasons Given, Community Upset over Centralization

In a tweet, one member of an online cryptocurrency community revealed that EOS has instructed block producers to censor transactions from 27 accounts without specific reasons. The instructions read: “Pursuant to Section 3.5 of the EOS Core Arbitration Forum (ECAF) Rules of Dispute Resolution, the Emergency Arbitrator appointed to review claims (the accounts in question) finds credible evidence to support: ...

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HitBTC Suspends Japanese Users, Plans Regulated Crypto Exchange

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Citing the need to comply with local regulations, Hong Kong-based cryptocurrency exchange HitBTC has suspended its operations in Japan and has outlined a plan to launch a regulated subsidiary in the coming months. Hong Kong-based HitBTC, the world’s seventh-largest cryptocurrency exchange by trading volume, says the precautionary ...

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