Bybit halts USD bank transfers citing partner outages

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US dollar funds can be withdrawn through wire transfers until March 10, the crypto exchange said, citing partner disruptions.

via its investment arm Mirana Asset Management. A total of $120 million of the funds were collateralized and had already been liquidated, according to Zhou. Moreover, he assured that all client funds go into separate accounts, and that Bybit's earn products do not use Mirana.payment network, claiming the termination is a"risk-based decision". The network was one of the major on- and off-ramps for USD in the American crypto industry.

Regulatory pressure and market outflows following the dramatic collapse of cryptocurrency exchange FTX in November 2022 are driving U.S. banks to reduce their exposure to cryptocurrency assets.

 

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$JUNO 🔥🚀❤️

Fucking deposits

So transfer money in usdt or another crypto

That's why you need really goof exchange..Binance is only one and the safest right now cz_binance

is only deposit or withdrawal not working as well?

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