Finance1 min read

Nubank halts crypto withdrawals, deposits after external provider disruption

By · Published by Everything Blog

In short

The Sao Paulo-based digital lender announced the temporary service freeze on Friday after third-party technical problems affected digital asset transfers. Nubank stressed that its primary corporate infrastructure was not the source of the issue and client security was never compromised. Account balances and customer data remain protected while the company monitors the situation. Operational activity will return to normal once the external provider successfully restores its connectivity.

Key points

  • Account funds and personal information remain entirely secure during the temporary outage.: Account funds and personal information remain entirely secure during the temporary outage.
  • Internal infrastructure at the digital lender was not compromised by the provider failure.: Internal infrastructure at the digital lender was not compromised by the provider failure.
  • Normal cryptocurrency movements will resume once the external service disruption is resol…: Normal cryptocurrency movements will resume once the external service disruption is resolved.

Sources checked by our analysis pipeline: 1

SAO PAULO, Nov 6 : Brazilian digital lender Nubank said on Friday it has halted cryptocurrency withdrawals and deposits temporarily due to disruptions from an unnamed external data provider.

• Nubank said the problem is not related to its own infrastructure and does not compromise customer security

• All assets and information remain protected, the firm said

• Operations will be resumed as soon as the service is restored, it added

Finance