Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets.
Crypto payments platform Wyre shutters, citing bear market conditions
SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results.
SpankPay crypto payment service shutters, citing ‘hostile banking environment’
Just five days after imposing them, Wyre has removed all limits on account withdrawals.
Crypto payments platform Wyre lifts 90% withdrawal cap
Wyre has imposed a daily withdrawal limit on its platform, citing “the best interest of our community.”
Wyre imposes up to a 90% withdrawal limit for all users
Wyre was set to be acquired for $1.5 billion by San Francisco e-commerce startup Bolt last year, but the deal was eventually scrapped.
MetaMask removes Wyre from aggregators amid shutdown reports
Juno recommended users pull their funds from the platform amid “uncertainty” over the fate of its crypto custody provider Wyre.
Crypto firm Juno urges users to withdraw after ‘uncertainty’ with custody partner
Bolt expects to integrate its checkout system with cryptocurrencies by the end of 2022, allowing consumers to buy physical goods with crypto.
Bolt to enable Bitcoin and NFT access via Wyre acquisition