Crypto Exchange 2gether Says It Can’t Fully Reimburse 9% of Users After 2020 ...

Spanish cryptocurrency exchange 2gether has announced that it won’t compensate users for the full amount of bitcoin (BTC) and ether (ETH) stolen in August 2020. The exchange said that almost 5,000 of its customers will receive their cryptos under the compensation plan. Company Asks 9% of Its Users for More Time to Gather the Remaining Funds According to the announcement, 91% of the users will be fully compensated as part of the firm’s capital round to gather enough funds for the purpose. The crypto exchange argues that it cannot pay the full amount because of the higher prices....

Bit2me, a Spanish cryptocurrency exchange has decided to absorb customers from 2gether whose accounts have been frozen by 2gether, which is also cryptocurrency exchange. This Spanish crypto exchange has announced that it shall onboard 100,000 investors from 2gether. 2gether has been severely affected by the market downturn and was unable to sustain during the unfavourable […]

On July 10, Spanish cryptocurrency trading platform 2gether shut down its free trading services, citing its inability to justify its related operational costs due to crypto winter. Following a recent agreement between the two crypto exchanges, Bit2Me announced plans to onboard 2gether’s 100,000 crypto investors, who were recently blocked from trading due to the exchange’s inability to operate amid unfavorable market conditions.On July 10, Spanish cryptocurrency trading platform 2gether shut down its free trading services, citing its inability to justify its related operational costs due to....

Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having declared it could no longer provide free services earlier this month. Bit2me Drops 2gether Customer Absorption Deal Spanish cryptocurrency exchange 2gether is still facing difficulties after it blocked its customers’ access to its platform earlier this....

2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased its presence from social media, deleting its account on Twitter. 2gether Reports Bear Market Woes The current downturn in the cryptocurrency market has affected several cryptocurrency exchanges and lenders unable to return funds to customers, having declared bankruptcy, or....