Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap

Crypto Payments Platform Wyre Imposes 90% Withdrawal Cap

Wyre has changed its withdrawal policy to allow for the withdrawal of up to 90%.
MetaMask has asked its users to refrain from using Wyre on the mobile aggregator.
Just days after two former workers purportedly warned at the prospect of closure. Crypto payment firm Wyre amended its withdrawal policy to prevent customers from cashing out up to 90% of their funds.
In “the best interest of our community,” Wyre limited withdrawals on the platform on January 7. To help its customers weather the protracted bear market, Wyre has changed its withdrawal policy to allow for the withdrawal of up to 90% of their cryptocurrency holdings.
The team stated:
“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.”
Metamask Ends Support
Also, Yanni Giannaros, Wyre’s CRO and COO, has been named interim C

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