75 crypto exchanges have closed down so far in 2020

75 crypto exchanges have closed down so far in 2020

Crypto exchanges are disappearing at a fast rate this year. As least 75 crypto exchanges have closed down due hacks, exit scams or simply disappeared for unknown reasons so far this year. According to the Crypto Wisser Exchange Graveyard five of the exchanges, including Hotbit, FinexBox, and WCX, were labelled as scams, and four including Altsbit, and Nerae, were flagged as being hacked. In total 31 were shut down voluntarily while 34 were labeled as ‘MIA’ for disappearing with no explanation. Dutch exchange NLexch, and Chilean Chilebit were the only two flagged as being shut down by their....


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