South African Exchange Ice3x Suspends Trading After Noting Discrepancies in Balances of BTC and LTC

South African Exchange Ice3x Suspends Trading After Noting Discrepancies in Balances of BTC and LTC
фото показано с : news.bitcoin.com

2021-3-18 13:05

A South African crypto exchange, Ice3x, suspended trading on its platform on March 16 after noting discrepancies in balances of bitcoin and litecoin held on the platform. At the time of writing, the exchange had not revealed the cause of the mismatches in balances or when it expects trading to resume.

In the meantime, a report that quotes the exchange’s CEO, Gareth Grobler, adds that BTC and LTC withdrawals have similarly been suspended. However, in his statement following the suspension of trading, Grobler reveals that subsequent consultations and deliberations on the issue with its partner, Merkeleon.com, did not yield “a satisfactory conclusion.” According to Grobler, this ultimately forced the exchange to take action that is intended to protect users.

Meanwhile, as investigations into the cause of the discrepancies continue, the exchange is also urging holders of other coins to immediately withdraw. The statement reads:

Currently, clients who hold any other currency (excluding bitcoin & litecoin) on the platform will be still able to withdraw their funds. We urge you to do so as soon as possible.

Furthermore, the statement is warning that the exchange’s “domain/email/service desk” maybe become “unavailable as a result of 3rd party actions.” If that happens, Ice3x says users can still engage the exchange “via our Facebook page.”

if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } });

While it is not clear when normal service is resuming, Grobler, however, is quick to reassure users that he will not be fleeing the country. The CEO also pledges that “he will be as transparent as possible with the public.”

What are your thoughts on the suspension of services by Ice3x? You can share your views in the comments section below.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Open Trading Network (OTN) на Currencies.ru

$ 0.0064948 (+0.67%)
Объем 24H $0
Изменеия 24h: 1.44 %, 7d: 12.76 %
Cегодня L: $0.0064948 - H: $0.0064948
Капитализация $13.149k Rank 2181
Доступно / Всего 2.025m OTN / 100m OTN

trading balances exchange platform south discrepancies african

trading balances → Результатов: 36


Фото:

Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean

Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […]

2020-5-17 19:00


MoonTrader ICO

MoonTrader team has developed and is supporting the trading terminal (MoonBot - moon-bot. com) which was introduced in October 3, 2017. Currently, the performance of MoonBot surpasses that of most existing trading systems as a result of its advanced functionality and the high security features designed to protect your trading activities.

2019-6-13 21:03


Brazilian Crypto Trading Platform Atlas Suffers Hack, 261,000 Users’ Personal Data Stolen

As reported by YouTube channel Investimentos Digitais, the data of over 200,000 investors has been stolen in a hack on Brazilian cryptocurrency trading platform Atlas Quantum. According to Have I Been Pwned, a data breach reporting website, 261,000 users had their data leaked, with information “including their names, phone numbers, email addresses and account balances.

2018-8-28 19:50


Фото:

Coinbase Announces New ‘e-gift Card’ Allowing Users to Spend Cryptos With Nike, Tesco, Uber, and More

Good news for Coinbase users as the trading platform launches a new use for cryptocurrency balances on the exchange. Talking on the platform’s Medium page earlier today, Zeeshan Feroz, the exchange’s UK CEO, wrote that customers of Coinbase in selected regions will now be able to spend their cryptocurrency balances on e-gift cards.

2018-7-25 16:04