W

CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

Business Management
Share
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.

CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

Source：Cointelegraph

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Solana transactions just got more than 3 times bigger, giving an edge over Ethereum

Transaction V1 raises Solana’s limit to 4,096 bytes from 1,232, giving developers more room for multistep trades, companywallet approvals and privacy proofs.…

Democrats send counteroffer to Republicans over Clarity Act provisions

Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text. Source：CoinDesk

Balancer eyes wind-down after restructuring fails to revive revenue

Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit…

U.S. House panel shares crypto tax bill ahead of hearing later this week

The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored…

Source：https://cointelegraph.com/news/coinex-cease-operation-citing-significant-crypto-contraction