Wyre users can withdraw 100% of their funds from the platform again
Crypto winter

Wyre users can withdraw 100% of their funds from the platform again

Back on January 8, crypto payment provider Wyre announced that it was forced to limit withdrawals to 90% of funds held by its customers.

In a recent post on its Twitter account, Wyre said that its users have access to 100% of their funds again thanks to a funding the company just received that allows it to regain some financial stability.

In trouble, the company also recently laid off 75 people in order to save as much money as possible to avoid going bankrupt, as has happened to several crypto companies (FTX, Celsius, BlockFi, Voyager Digital) in recent months.

Good news then for Wyre users who may however empty their accounts in fear that their funds will be blocked again in the future.

We are extremely excited to be building the future of global financial services with you,” Wyre said on Twitter.

Article written by:

Laeti Marison, also known as SatoshiBelle, is a multifaceted professional with a passion for community management, content creation, and digital marketing. With a diverse background in various roles, Laeti has consistently demonstrated her expertise and dedication in the field. Recognizing her potential, Laeti then took on the responsibilities of a Project and Community Manager at Magna Numeris and Cartam from November 2018 to March 2021. In this role, she showcased her ability to successfully lead projects and foster strong relationships within the community. Currently, Laeti serves as an SEO content writer, Digital Marketing Manager, and co-founder at Trendingcrypto.news magazine, starting from February 2022 till now. Through her expertise in digital marketing and her passion for the crypto industry, she has contributed to the success of the magazine, ensuring its content remains relevant, engaging, and informative.

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