• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
AAX and other crypto exchanges face difficulties

AAX and other crypto exchanges face difficulties

user avatar

by dapp_writer005

3 years ago


AAX suspended its activities

Earlier, AAX published the news on its website that due to the system upgrade, the company temporarily suspended all transactions.

The current update will include editing and restoring client asset data. What is happening in the market now slows down the process very much. According to preliminary calculations, everything will be ready in 7-10 days. We apologize for the inconvenience and, for our part, we emphasize that every effort will be made to resume work as soon as possible.AAX

This statement indicates that clients do not have the opportunity to work on the AAX crypto exchange yet.

Difficulties of other cryptocurrency exchanges

BitCoke is having difficulty with very long withdrawal times as reported by customers.

Crypto.com's CRO token is currently under heavy pressure due to negative back-to-back information.

Huobi is also in a bad position. After the publication of the reserve report, transfers were made to Binance and OKX deposit wallets in the amount of 10,000 ETH. At the time of publication of this document, the account had 14,858 ETH, at the moment - 1,500 ETH.

Crypto․com transferred over 280,000 ETH from a cold wallet to Gate.io after the report. The head says it's an accident.

We are working with Gate, all funds are back in our cold storage.Head of Crypto․com
I advise you to be careful. In the event that the trading platform moves large volumes of crypto assets before demonstrating the addresses of their wallets and after that, it only talks about the presence of many difficulties that it has.СЕО Binance CZ

In the current situation, you should be very careful and not trust your assets to centralized exchanges. This can be seen in the crash of FTX. Earlier, information became available that the CEO of FTX made a transfer in the amount of $4 billion to Alameda Research.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

CZ Zhao Criticizes Media Misrepresentation at Blockchain Summit 2026

chest

CZ Zhao criticized mainstream media for misleading coverage of his wealth and alleged connections to illicit finance at Blockchain Summit 2026.

user avatarLi Weicheng

Binance Files Defamation Lawsuit Against Wall Street Journal

chest

Binance has filed a defamation lawsuit against the Wall Street Journal, accusing the publication of falsely reporting on an internal investigation related to a $1 billion transfer linked to Iran-backed terror groups.

user avatarLeo van der Veen

Ethereum Price Faces Decline and Consolidation

chest

Ethereum price has started a sharp decline from the 2,385 zone and is currently consolidating above 2,100, with potential for recovery if it surpasses 2,200.

user avatarAisha Farooq

NYSE Owner Intercontinental Exchange Invests in Tokenized Stocks

chest

The Intercontinental Exchange, owner of the NYSE, is investing in OKX to launch tokenized stocks, reflecting a trend in blockchain adoption among financial institutions.

user avatarBayarjavkhlan Ganbaatar

Nasdaq Secures SEC Approval for Trading Tokenized Stocks

chest

Nasdaq has received SEC approval to trade tokenized stocks alongside traditional stocks, sharing the same order book and maintaining identical shareholder rights.

user avatarMohamed Farouk

Cardano Positioned for Potential 1,000% Rally

chest

Market analysts are optimistic about Cardano (ADA), suggesting a potential price increase. Currently at $0.27, ADA is above a crucial support level. If it breaks resistance, projections indicate a rise to $2.70 or even $5. The price action is stable, indicating consolidation before larger movements.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.