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Dapper Removes ACH Withdrawal Option, Citing Circle

Wire transfer and USDC remain an option for Dapper users.

Atualizado 9 de mai. de 2023, 4:09 a.m. Publicado 7 de mar. de 2023, 4:03 a.m. Traduzido por IA
Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)
Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Non-fungible token (NFT) studio Dapper Labs says it can no longer process with Automated Clearing House (ACH) as Circle, its payments partner, has removed the functionality.

This comes as Silvergate Bank (SI), once the go-to bank for crypto, faces significant financial headwinds and regulatory scrutiny. Over the past month, the majority of Silvergate’s clients have parted ways with the beleaguered bank and stopped using its ACH services, including Coinbase, Circle, Paxos and Crypto.com among others.

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Last week Silvergate abruptly shuttered the Silvergate Exchange Network, a settlement service used by major crypto institutions. This is understood to have played a role in Circle discontinuing ACH services.

Dapper says it will continue to support withdrawals via wire transfer, reducing its fee to $9, and USDC.

Circle, for its part, says regular operations are continuing as it looks to transition to other banking partners in order to resume affected services.

“We are communicating with customers and have taken steps to ensure access to customer funds via alternative payment and redemption channels,” Circle said in a statement.

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Pudgy Penguins: A New Blueprint for Tokenized Culture

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

O que saber:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Tokenization firm Securitize reports 841% revenue growth as it prepares to go public

Securitize CEO Carlos Domingo (Securitize)

With crypto prices and crypto-related stocks in the midst of a major selloff today, Securitize SPAC merger partner Cantor Equity Partners II is higher by 4.4% on the news.

O que saber:

  • Securitize continued toward an ultimate public listing via a SPAC merger Cantor Equity Partners II (CEPT).
  • The company reported an 841% year-over-year increase in revenue to $55.6 million for the nine months ended September 2025.
  • CEPT stock gained 4.4% outperforming sharply lower crypto markets and stocks.