Also read: Indacoin: Buying Bitcoin, Litecoin with a Credit Card The Breach of Bitfinex Bitfinex itself confirmed the hack in a press release earlier today, saying they have
halted all trading on the platform.
Not exact matches
Besides the immediate
halt on trading, the over 60
platforms that have completed ICOs must liquidate and refund investors, according to the new rule, which was introduced to reduce financial fraud.
China
on Monday issued a notice, demanding that all ICOs have to be
halted as of Monday, claiming that coin fundraising poses «multi-layer» risks and that
platforms are barred from
trading virtual currency with fiat currency.
As such, Coinbase has
halted BCH
trading on its
platform as well — though sends and receives are still possible.
The news follows the
trading platform halting operations
on the 26th of January.
«Until new rules are in place for tokens
on public blockchains, we are
halting our
trading (XRP / INR pair)
platform and will focus 100 %
on our consultancy working with permissioned blockchains.
The company emphasized that «Until new rules are in place for tokens
on public blockchains, we are
halting our
trading platform,» adding that the company will now focus solely
on its blockchain consultancy work.
Last month Coinbase was forced to
halt bitcoin cash
trading on both
platforms soon after it started, botching the launch.
Until new rules are in place for tokens
on public Blockchains, we are
halting our
trading (XRP / INR pair)
platform and will focus 100 %
on our consultancy working with permissioned Blockchains.»
In addition to GDAX's official explanation for the
halt in
trading, one of the possible reasons behind the abrupt pause is the sudden influx of users to the exchange, which likely put a strain
on the
platform.