
Poolin Halts BTC and ETH Withdrawals Due to Liquidity Problems
Leading multi-crypto mining service Poolin has announced that it has discontinued withdrawals on its platform due to liquidity challenges.
Leading multi-crypto mining service Poolin has announced that it has discontinued withdrawals on its platform due to liquidity challenges.
According to CoinGecko co-founder Bobby Ong, ETH holders need to move assets on exchanges that support the ETH PoW tokens.
All deposits and withdrawals will be suspended about half an hour before the Merge starts, but normalcy will return to transactions as soon as the upgrade is completed.
Although ETH price gave a breakout of the wedge pattern, markets have turned cautious over the spotting of Nord Stream 1 by Russia and the possibility of exacerbating energy crisis in Europe.
As per reports, the attackers managed to steal NFTs even from Bill Murray’s personal wallet which had more than 800 NFTs.
For close to two years since the Beacon Chain of the POS version of the Ethereum protocol went live on the mainnet, anticipation toward the Merge has heightened.
The firm also claims it generated more than 99% of the domain sales volume on OpenSea.
OpenSea says it will focus on supporting proof-of-stake NFTs after September’s Ethereum mainnet upgrade, seemingly abandoning everything PoW.
Over the summer, Binance.US and Binance offered free trading in multiple Bitcoin pairs which resulted in an 8% growth in the market capitalization of BUSD.
The integration of Polygon on the Seaport marketplace from OpenSea opens access to a lot of new features for the trading platform’s users.
The recent rally in the ETH price happened after some key developments in the Ethereum ecosystem.
Offchain Labs also revealed that it had updated its Arbitrum Operating System (ArbOS), rewriting it in the Go programming language.
The Bitcoin euro futures contracts will be sized at 5 BTC per contract and the Ether euro futures contracts will be sized at 50 Ether per contract.
Following the Jackson Hole meeting, strong liquidations took place in the crypto market. Bitcoin and altcoins have seen a greater fall last weekend.
Despite the suspension of withdrawals, Binance said there will be support for spot Ethereum and ERC-20 tokens trading during The Merge event.