Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue
Announcement on the Suspension of Hotbit Website Service
Dear Hotbit users,
we regret to inform you that Hotbit will have to suspend trading, deposit, withdrawal and funding functions, the exact time of resumption cannot be determined at the moment.
Source > https://hotbit.zendesk.com/hc/en-us/articles/8074249353495
Dear Hotbit users,
we regret to inform you that Hotbit will have to suspend trading, deposit, withdrawal and funding functions, the exact time of resumption cannot be determined at the moment.
Source > https://hotbit.zendesk.com/hc/en-us/articles/8074249353495
Well, Hotbit as usual, they were hacked, now the involvement of a former employee in a criminal scheme and the blocking of Hotbit funds by law enforcement, what is happening there for the second year in a row, I hope some details will appear soon.
https://watcher.guru/news/hotbit-crypto-exchange-suspends-service-after-subpoenas
Check this news for some full details.
However I think that "glass is half empty". It seems funds are safe and there was not any fraud/hacking behind this block.
Let's see when they resume their activity. Price of BGL has not been impacted despite hotbit is actually the largest market
Even if I am not a supporter for that kind of services, I think this is a good chance for a new Centralized Exchange that allow BGL trading ...