Withdrawals
Sam Bankman-Fried reveals the circumstances behind Bahamian withdrawals
FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users. In a telephone interview with crypto blogger Tiffany Fong, dated Nov. 16, Bankman-Fried claims to have made the decision to reopen withdrawals to Bahamian citizens as he did not want himself, nor the exchange, to be in a country “with a lot of angry people in it.” “The reason I did it was it was critical to the exchange being able to have a future because that’s where I am right now, and you do not want to be in a country with a lot of angry people in it and you do not want your company to be incorporated in a country with a lot of angry people in it,” he said. Bankman-Fried claims he gave Bahamian...
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
Cryptocurrency exchange and initial coin offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, sparking fears the company was having liquidity issues or w insolvent. “There is a lot of FUD going around that we would like to address head-on,” CoinList said in a Nov. 24 Twitter thread that stated that the exchange is “not insolvent, illiquid, or near bankruptcy.” It said, however, that its deposits and withdrawals are affected by “technical issues.” 2/ We are upgrading our internal ledger systems and are migrating wallet addresses involving multiple custodians. This is one of many efforts we are undertaking to offer our customers around the world better products and services while mai...
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
Cryptocurrency exchange and initial coin offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, sparking fears the company was having liquidity issues or w insolvent. “There is a lot of FUD going around that we would like to address head-on,” CoinList said in a Nov. 24 Twitter thread that stated that the exchange is “not insolvent, illiquid, or near bankruptcy.” It said, however, that its deposits and withdrawals are affected by “technical issues.” 2/ We are upgrading our internal ledger systems and are migrating wallet addresses involving multiple custodians. This is one of many efforts we are undertaking to offer our customers around the world better products and services while mai...
Crypto awakening: Researcher explains ETH exodus from exchanges
Blockchain analytics carried out by a Nansen researcher has highlighted outflows of Ether (ETH) and stablecoins from centralized exchanges in the wake of FTX’s collapse. Nansen research analyst Sandra Leow posted a thread on Twitter unpacking the current state of decentralized finance (DeFi), with a specific focus on the movement of ETH and stablecoins from exchanges. As it stands, the Ethereum 2.0 deposit contract contains over 15 million ETH, while some 4 million Wrapped Ether (wETH) is held in the wETH deposit contract. Web3 infrastructure development and investment firm Jump Trading holds over 2 million ETH tokens and is the third largest holder of ETH in the ecosystem. The current state of DeFi in @nansen_ai charts — sandra lmeow (@sandraaleow) November 22, 2022 Binance, Kraken, Bitfi...
UNILAG student arrested over murder of Super TV chief
The Lagos State Police Command has arrested 21-year-old Chidinma for allegedly killing the Chief Executive Officer, Super TV, Usifo Ataga, in the Lekki area of the state. The state Commissioner of Police, Hakeem Odumosu, said Chidinma is an undergraduate of the University of Lagos, adding that she had confessed to committing the crime. Chidinma was paraded at the police command headquarters in Ikeja on Thursday. While the owner of the rented apartment where the tragic incident took place had been arrested, Odumosu also said Ataga’s account had been blocked to prevent further withdrawals from it by those taking advantage of his untimely death to deplete the account. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined w...
Senate vows to expose MDAs refusing to account for public funds
President of the Senate, Ahmad Lawan, has said that the upper chamber will publish the names of government agencies that have refused to appear before the Public Accounts Committee to defend the interrogations of the Auditor-General for the Federation in the 2015 report. Lawan made this known in his remarks after the Senate considered the report of the Committee on Public Accounts on the annual report of the Auditor-General for the Federation on the accounts of the Federation for the year ended 31st December, 2015. According to the Senate President, any public official that refuses to account for public funds at their disposal must be shown the way out of office. He said, “This is one of our major responsibilities as a parliament, to hold the executive to account. “[And] whoever is given t...
Asisat Oshoala, Onome Ebi join Super Falcons for Portuguese showdown
Officials have disclosed that skipper Asisat Oshoala and experienced defender Onome Ebi have overcome visa hitches and should feature for the Super Falcons against Portugal Sunday in continuation of the Summer Series in Texas, USA. Both players missed the Falcons opening game against Jamaica, which the African champions lost 1-0 Thursday. Belarus-based central defender Ebi, for one, will be expected to bring her vast experience to bear on a defence that coach Randy Waldrum described as “disorganised” against the Reggae Queens of Jamaica. Waldrum said Ebi and Ohale were the main anchors of the Super Falcons back four. The Falcons have suffered several withdrawals for this invitational tournament due to injury and visa hitches. Get more stories like this on Twitter You Deserve to Make Money ...
