Why was BitShares delisted from Binance (Bitcoin plunges)
Why was BitShares delisted from Binance? Why was BitShares delisted from Binance
Why was BitShares delisted from Binance? Why was BitShares delisted from Binance?
Recently, Binance, a well-known blockchain investment institution in the cryptocurrency industry, announced in a statement that it will stop all activities related to supporting cryptocurrency transactions. At the same time, they stated, “Considering the current global regulatory environment is severe and highly uncertain, we have taken security precautions for relevant platforms and users.”
In response to this, the official response from BitShares is, “The suspension of trading this time is due to the impact of the new coronavirus, which is related to the losses suffered by some domestic investors in their investments.”
“The reason for the suspension of business this time is due to the continuous emergence of illegal financial products such as Ponzi schemes and scams caused by national policy reasons. Regarding the situation where users’ assets are stolen or scammers cash out due to market fluctuations, we advise everyone not to believe in such news lightly.”
According to the official website of BitShares, as of 00:00 on March 30, 2019, the listed cryptocurrencies include BTC, ETH, LTC, EOS, and XRP, totaling 13, including mainstream tokens such as HT, BNB, and OKB.
Bitcoin Plunges
According to the news from Cointelegraph, during the plunge last week, Bitmain announced that it would stop providing services to its customers on September 16. It is reported that due to customer refund requests, inability to pay mining fees, and inability to use machines to maintain the network, Bitmain decided to suspend all business operations and resume normal production. It is known that MicroBT has received strategic investment from its Bitcoin mining subsidiary Bitmain in early July to purchase the new ASIC chips launched by the company.
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