Cryptocurrency Exchange Shut Down
· The customers of the exchange need to apply for a refund as quickly as possible as the refund process would start on the 10th of February and continue until the 8th of May.
After this time period, no more refunds will be provided as Atlsbit will shut down. At the moment, the Black Hat group LulzSec has claimed the responsibility of this hack. A total of 75 cryptocurrency exchanges have already shut down so far this year by either voluntarily shutting down, getting hacked, being shut down by a government, or simply disappearing from the web.
According to Cryptowisser’s Crypto Exchange Graveyard, the figure is p 56% from last year and is showing no signs of letting up. Under a cloud of complaints, investigations and lawsuits, a controversial Vancouver cryptocurrency exchange has shut its doors with more than $16 million owing to customers.
· Bittrex announced Oct 18 that its Europe-based international trading platform is withdrawing services from 31 countries by the end of this month. The cryptocurrency exchange cited regulatory uncertainty as being the main reason behind the move. · A cryptocurrency exchange can also shut down when authorities do not approve of its operations. · Zebpay hasn’t shut down completely and is exploring new ways to come back including challenging the government in the Supreme Court.
Liqui. A Ukrainian crypto exchange Liqui announced on January 28th that it will no longer be able to provide its services to its clients. The exchange has been the subject of controversy in the past. · Pelosi: ‘We Have Time’ For Stimulus, $ Billion Framework ‘Just A Start’ And Government Will Not Shut Down New PPP Loan Data Reveals. · Today, the team of altcoin focused cryptocurrency exchange nnet.xn--g1abbheefkb5l.xn--p1ai today announced it has decided to close down.
Trading and deposits will be suspended starting on October 15th, All users should cease any deposit and trade activity as soon as possible.
· China continues to put the clamps on cryptocurrency exchanges, resulting in multiple exchanges shutting down. A few weeks back, Chinese President Xi Jinping gave a speech promoting blockchain.
Many took that as a sign of approval for cryptocurrency as well, but it appears that such a sentiment is nnet.xn--g1abbheefkb5l.xn--p1ai: Jeff Francis. · Tradesatoshi Cryptocurrency Exchange Shutting Down On March 1 Join Us on Google News Tradesatoshi made an announcement stating that the platform is closing down. The reason for this shut down as given in the blog, states that the organization cannot keep itself afloat.
UK based cryptocurrency exchange “TradeSatoshi” has made an announcement stating that the platform is closing down by March 1st.
BitConnect, bitcoin exchange accused of being a Ponzi ...
The exchange has been operating since · Just last week, Beijing based cryptocurrency exchange BISS was shut down by the authorities and arrests were made. Did you know you can trade sign-up to trade Bitcoin and many leading altcoins with a multiplier of up to x on a safe and secure exchange with the lowest fees — with only an email address? Well, now you do! · U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam.
Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole € Lack of liquidity was cited as the main reason the exchange was closing down. Much to our regret, after this step Liqui is no longer able to provide liquidity for the Users left. We also do not see any economic point in providing you with our services. However, we do. · nnet.xn--g1abbheefkb5l.xn--p1aige Shuts Down. In a blog post, nnet.xn--g1abbheefkb5l.xn--p1aige informed its users that the operational costs of running the cryptocurrency exchange led the firm’s board of directors to suspend its services temporarily.
Meanwhile, the digital assets exchange will be looking to merge with another company or for an outright sell-out. · BitConnect, a cryptocurrency exchange with a dubious reputation, announced on Tuesday that it was closing down its lending and trading nnet.xn--g1abbheefkb5l.xn--p1ai: Aaron Mak.
Report: Two Japanese Crypto Exchanges to Shut Down Two cryptocurrency exchanges in Japan are reportedly set to cease operating amid growing scrutiny from regulators in the wake of a $ million. NEW DELHI: Facing regulatory troubles, one of India's largest cryptocurrency exchange, Koinex, shut down today.
"After months of uncertainty and disruption, we have regretfully decided to shut. · Coinroom Exchange Shuts Down and Leaves with Customers’ Crypto According to sources from news outlet nnet.xn--g1abbheefkb5l.xn--p1ai, a Polish cryptocurrency exchange known as Coinroom has shut down abruptly and disappeared with all its customers' funds in tow.
The Polish exchange, first registered inhas even deleted its Twitter page. · The crypto market recession has led to the closure of various crypto exchanges worldwide. The sudden drop in prices during came with devastating results for the smaller exchanges and seems to be going towards the same path. It’s been announced that the Ukrainian cryptocurrency Exchange “Liqui” has ceased its operations due to lack [ ].
Cryptocurrency exchange Liqui, ranked st by 24 hour volume on Coinmarketcap, is shutting down. This makes it the first cryptocurrency exchange to go down inalthough they remain optimistic by adding, “We may be back.
· A UK-based cryptocurrency exchange has shut down because of looming EU regulation. The new law from Brussels – AMLD5 – will force cryptocurrency exchanges to. · nnet.xn--g1abbheefkb5l.xn--p1aige, a crypto exchange that made headlines at its launch in January for running on Nasdaq technology, has announced that it will shut down because of financial issues.
The company posted on its official blog this Sunday that the company will be closing its business. According to the post, the exchange will be shut down only temporary, but the rest of the members are seeking. · Shortly after being greenlit by the Supreme Court, the firm stormed and secured the Einstein offices, officially shutting the exchange down. As per its application for the court order, the BCSC highlighted several complaints from customers unable to access their assets.
Vancouver-based cryptocurrency trader Einstein Exchange shut down According to the BCSC, the company was incorporated in December,by its sole.
New Zealand based cryptocurrency exchange, Cryptopia ...
Cryptocurrency exchange Dragon Payments (formerly London Block Exchange) has shut down its operations after announcing that it is being liquidated. The announcement came on the heels of a “winding-up order,” against the company sent on the last day of January. The announcement, which has replaced the company’s entire main website, also stated that Paul Appleton [ ]Author: Manu Naik.
· Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money transactions less transparent. Still, he. John Biggs Polish Cryptocurrency Exchange Shuts Down Overnight, Taking Funds With It A polish cryptocurrency exchanged called Coinroom shut down on April. Cryptocurrency exchange Altsbit said it plans to shut down its services in Mayafter having lost “almost all funds” in a security breach on Feb.
nnet.xn--g1abbheefkb5l.xn--p1ait reported the security breach on Twitter on Feb. 6 and published withdrawal instructions 3 days later. The Italy-based exchange stated that the cryptocu.
· The First National Bank (), South Africa’s second-largest retail bank, has notified leading cryptocurrency exchanges in the country including Luno, ICE3X, and VALR, that it will shut down their bank accounts, a blow to one of Africa’s active cryptocurrency trading nnet.xn--g1abbheefkb5l.xn--p1ai cites fuzzy regulation around virtual currencies.
South Africa Leads in Cryptocurrency Adoption in Africa.
· New Zealand based cryptocurrency exchange, Cryptopia, shuts down. The exchange announced on its homepage that the exchange has hired liquidators, David Ruscoe, and Russell Moore, from Grant Thompson to begin the liquidation process. “Despite the efforts of Author: Ishan Garg.
Indian Cryptocurrency exchange Koinex on Thursday announced its decision to shut down all of its digital assets exchange services and operations, citing uncertainty and disruption.
· XtraderFX's website has now been shut down, but cached versions of the domain reveal promises of an easy cryptocurrency trading platform and portfolio, as well as a mining platform. — If down due to the shut down by regulators, South Korean exchanges to — Korean Exchange transaction volume has caused - CoinDesk Korean Exchange new accounts, the government the exchange down, the of cryptocurrency exchanges in South Korea has been Crack Down on Its policies. — South — Korean Exchange enforcement authorities after it.
· Bittrex shutting down exchange operation and trading in 31 countries. The announcement was made on October 18 that deposits and withdraws will be permanently at the end of this month.
Liqui Cryptocurrency Exchange Shutting Down - Crypto News 2019
The once popular cryptocurrency exchange cited uncertainty of regulations as the primary reason behind the closure. · Its shut down might not affect the value of these currencies, but it might force future platforms to focus more on Bitcoin. The post Tradesatoshi Cryptocurrency Exchange Shutting Down On March 1 appeared first on CryptoSyringe. · Koinex Shuts Down. Indian cryptocurrency exchange Koinex announced its shutdown Thursday. CEO Rahul Raj explained that “After months of.
Polish Cryptocurrency Exchange Shuts Down Overnight, Taking Funds With It. Read full article. John Biggs.
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June 8,AM. · VANCOUVER (NEWS ) – A Vancouver-based cryptocurrency exchange has shut its doors. The BC Securities Commission says it has taken over the offices of Einstein Exchange, a crypto-asset trading platform, to protect customers.
A court-ordered receiver has been appointed. Another warning to be careful when buying or selling cryptocurrencies. · Binance Uganda Is Shutting Down The African outpost for the world’s largest cryptocurrency exchange will discontinue all trading November By Jeff Benson. 3 min read.
Doom as 97% of South Korean cryptocurrency exchanges risk ...
Nov 5, Nov 5, Closing time in Uganda. Image: Shutterstock.
Top Bitcoin Exchange Shutdown? (2021 Bill Makes Crypto Illegal!)
In brief. Binance Uganda will not allow trades after November A newly released report by Business Korea argues that a large number of South Korea-based cryptocurrency exchange are on the verge of closing down. The report cites low trading volumes as. There are probably reasons why a cryptocurrency exchange may shut down, the most probable one is usually a serious hack or weak “link” somewhere. Another reason is simply stolen funds.
Cryptocurrency Exchange Shut Down: Tradesatoshi Cryptocurrency Exchange To Shut Down ...
However, the Polish crypto exchange Bitmarket has shut down because of lack of liquidity. The exchange started operating in Author: Mariela Naydenova. · XRP United, an Estonia-based platform branded as the first cryptocurrency exchange focused on offering trading pairs based Ripple’s XRP coin is shutting down next month. According to an update purportedly sent by CEO Mart Liivand, to its users, XRP United will stop accepting deposits on June 15 before finally ceasing operations on July 1, A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.
A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for is service or, as a matching platform, simply. Almost cryptocurrency exchanges and token issuing platforms have been shut down. According to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses, which include online lending institutions and other financial companies operating on the internet.
China Shuts Down 173 Cryptocurrency Exchanges and Token ...
Popular crypto exchange Zebpay is set to relaunch operations in India after shutting down due to regulatory pressure. we are unable to find a reasonable way to conduct the cryptocurrency. · Japan’s Financial Services Agency (FSA) shut down two cryptocurrency exchanges today (March 8), ordering them to suspend operations for a. · Cryptocurrency Exchange Liqui to Shut Down in March JP Buntinx Janu It would appear there is yet another cryptocurrency exchange .