AAX reiterates withdrawal halt is unrelated to FTX contagion
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates. Hong Kong-based crypto exchange AAX has reiterated that its suspension of withdrawals on the platform has nothing to do with the ongoing fallout from FTX's collapse and rumors to the contrary are false.The crypto community reported seeing a “System upgrade notification” message on Nov. 13, which said that a system upgrade “is taking longer than usual” which will delay withdrawals. Some shared concerns about whether the exchange was the next domino to fall after FTX and BlockFi.....
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Following the lead of two of the market's more prominent exchanges, at least six other China-based bitcoin exchanges have announced updates to withdrawal policies as part of a bid to tighten AML oversight. Announced today, BitBays, BTC100, BTCTrade, CHBTC, HaoBTC and Yunbi have all enacted changes to their withdrawal capabilities, a move that comes days after the exchanges were called to meet with the Beijing office of the People's Bank of China (PBoC), China's central bank. Notably, the policies issued differ from the more stringent halt of bitcoin and litecoin withdrawals imposed by....
Aptos Labs, the firm behind the APT token, has urgently demanded a halt in the listing of the $APT token. This need for the halt came after the Aptos Tokenomics was accidentally revealed. Hence the company has called for a temporary halt in the token listings. Before now, several major crypto exchanges plan to list […]
Polygon claimed that the temporary halt by Binance was done to upgrade and synchronize the nodes as the bug issue has been resolved and the network is stable. Binance, the world’s biggest crypto exchange by trading volume, announced earlier on Tuesday that it will be temporarily pausing deposits and withdrawals for Polygon (MATIC) Network.The announcement came in the wake of the Polygon network’s outage since March 11 after a network upgrade. The crypto exchange noted that it would reopen the deposit and withdrawal features once the network becomes stable.Polygon network is a layer-2....
We have reached a new, super-meta-post-postmodern stage of development in digital currencies, and in the internet in general. For those totally baffled by the above headline, you first need to get up to speed on Doge. Doge, explained here, is the internet’s meme du jour. Basically, it’s a photo of a dog with a scattered, quasi-intelligible inner monologue written in Comic Sans. Memes, in the classical definition of the word, are ideas that spread virally to contagion at a society-wide level. On sites like Reddit and Tumblr and BuzzFeed, memes are more like running jokes, but the contagion....
Bitcoin and altcoin exchange Vircurex announced today that they'll be halting the withdrawal of bitcoin, litecoin, feathercoin, and terracoin, and also not crediting deposits made to user accounts "for the time being", according to an announcement posted on their website. The halt is effective immediately, according to the company, who adds that on Monday (24th of March), they'll be freezing accounts with holdings in BTC, LTC, FTC, TRC, and removing open sell orders. The halt comes following two thefts in 2013 which "lead to a loss of a significant number of BTC, LTC, FTC, TRC." As....