Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions – Bitcoin News

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Wyre has now announced that it is 'modifying' its withdrawal policy, citing the crypto industry downturn and the 'macroeconomic climate.'

and the departure of co-founder Michael Dunworth, stepping down from his role at the company. On Jan. 6, Wyre published an update for the community addressing speculation about the company.

“We are modifying our withdrawal policy. While customers will continue to be able to withdraw their funds, at this time, we are limiting withdrawals to no more than 90% of the funds currently in each customer account, subject to current daily limits,” Wyre’s update details, noting that “This will best position us to serve and maximize value for our customers and stakeholders.”

Source: News Formal (newsformal.com)

 

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If crypto is so wonderful and guaranteed to make everyone millionaire, why haven't you sold your house and invested everything you own? I have 7 friends who are invested in Bitcoin and the largest 'investment' is $320.00.

It's certainly challenging times for the crypto space, but innovators like Wyre keep finding ways to ensure trustless transactions and access to global markets. buidl 🚀

Perfect, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Brilliant, but using ChiefraFba for signals and analysis

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