Tag: Citing

Swyftx Scraps Its Yield Program Citing ‘Regulatory Landscape’

Australian cryptocurrency exchange Swyftx has announced it will be closing its Earn program this week, citing “the constantly changing regulatory landscape.” Upon closure of...

Starling Bank Halts Crypto Card Payments Citing ‘High Risk’

Starling Bank, a digital challenger bank based in the UK, halted the crypto card payments, citing that crypto activities are “high risk.” Starling Bank...

NFT Platform Metaplex Layoff Staff, Citing Solana Downturn

The FTX contagion has had devastating effects on the Solana ecosystem. With Metaplex employees joining the list of those directly affected by the...

BlockFi Halts Withdrawals Citing Lack of Clarity Regarding FTX

Crypto lending firm BlockFi is the latest to limit customer activity on its platform. Fearing a major liquidation event, the company has halted...

Binance Walks Away From FTX Buyout Citing Mishandling of Users Funds

Binance said it is abandoning early plans to acquire embattled rival FTX after going through the company’s financials and structure. The exchange said, “Our...