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AscendEX Ceases Operations Amid Liquidity Concerns: ZachXBT Flags Millions in Unprocessed Withdrawals

Dhaval8h agoen
Read on bitcoinworld.co.in

From the article

BitcoinWorld AscendEX Ceases Operations Amid Liquidity Concerns: ZachXBT Flags Millions in Unprocessed Withdrawals Cryptocurrency exchange AscendEX has officially announced the cessation of its operations, attributing the decision to a deteriorating market environment and the enforcement of the European Union’s Markets in Crypto-Assets (MiCA) regulation. The move has sent shockwaves through the crypto community, particularly after on-chain analyst ZachXBT revealed that the exchange’s hot wallets lack sufficient liquidity to […] This post AscendEX Ceases Operations Amid Liquidity Concerns: ZachXBT Flags Millions in Unprocessed Withdrawals first appeared on BitcoinWorld .
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