AAX and other crypto exchanges face difficulties

by dapp_writer005

4 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

CoreWeave's Strong Q3 Performance Boosts AI Sector Sentiment

CoreWeave's strong Q3 results have increased investor sentiment in the AI sector, reporting $366 million in revenue, a 168% year-over-year increase, and raised full-year guidance.

Luis Flores2 hours ago

Deutsche Bank Launches Crypto Custody Service for Institutions

Deutsche Bank has officially launched its crypto custody service for institutional and corporate clients in Europe.

Arif Mukhtar2 hours ago

Yana Prikhodchenko Takes the Helm as CEO of Phase

Yana Prikhodchenko has been appointed as cofounder and CEO of Phase, a technology company focused on the AI agent economy.

David Robinson2 hours ago

Phase Unveils Layer 1 Blockchain Mainnet and AI Agent Services

Phase has launched its Layer 1 blockchain mainnet and AI agent services, enabling autonomous operations for AI agents.

Maria Gutierrez2 hours ago

Decrypt Revolutionizes News Consumption with Integrated Trading

Decrypt has integrated perpetual futures trading powered by Phoenix, allowing users to trade directly from the platform, enhancing the connection between news consumption and trading actions.