Last Updated on January 13, 2023 by Bitfinsider
Wyre announced today on Twitter that it has obtained a new source of money, allowing them to remove its recent 90% consumer withdrawal cap.
Recently, Wyre announced it will restrict customer withdrawals in an effort to weather financial storms and strengthen the company’s defenses against competitive threats.
As rumors of a possible company closure spread earlier this month, 75 workers were let go. Wyre dismissed the speculation and insisted it was still in business.
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