Block Stock Jumps 14% After Beating Q4 Earnings Estimates Payment Company Sees Strong Growth in Square and Cash App Revenue Block stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App … Read more
Cryptocurrency exchange Bybit has suspended accepting deposits in US dollars through the SWIFT system and bank transfers (for US credit institutions). The decision was explained by “interruptions in service on the side of the partner.” See more Notice on Suspension of USD Payments via Bank Transfer You may continue to make USD deposits via the … Read more
Cryptocurrency exchange Binance has suspended withdrawals for a number of assets and restricted some users’ accounts due to “abnormal price movements in some trading pairs”. This activity does not appear to be due to compromised accounts or stolen API keys; the funds are SAFU. We will update this thread if there is any new information. … Read more
Kraken cryptocurrency exchange fired about 1,100 employees, equal to about 30% of the staff, in order to “adapt to current market conditions”. According to company co-founder and CEO Jess Powell, the reduction brings the size of the team back to a year ago. He noted that since the beginning of 2022, macroeconomic and geopolitical factors … Read more
– – A technical glitch at the Philippine cryptocurrency exchange PDAX temporarily lowered the rate of the first cryptocurrency to $ 6,000. The platform’s management demanded that users return the “thousands of bitcoins” they had purchased. We’d like to thank you all for your patience regarding the incident that happened on Feb 16. Below is … Read more
– – Cryptocurrency exchange OKEx has suspended withdrawals. One of the private key holders does not get in touch, at the time of writing he is cooperating with law enforcement agencies. Withdrawals of digital assets/cryptocurrencies @OKEx are currently suspended. Other functions are up and running. Your funds and assets are safe and not affected. Details: … Read more
– – Cryptocurrency exchange KuCoin claims to be able to identify suspects in a recent hacking platforms and stealing about $ 280 million. “After a thorough investigation, we have found suspects in the September 26 incident and have substantial evidence of their involvement. Law enforcement officials and the police are involved in further steps, ”said … Read more