JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds, which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds, which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Binance Withdrawals Top FTX Levels in November, but Crypto Liquidity Defies Panic
Binance withdrawals surged into the billions after a record-breaking $6.3 billion hack, bringing back memories of FTX’s November 2...
FBI Blames North Korea for $6B Binance Hack as Exchange Reopens Withdrawals
Binance saw $3.64 billion in net outflows in the first nine and a half hours after reopening withdrawals, or 2.1% of its assets, i...
EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain un...
Crypto Fear Index Drops to 30 After Binance Hack as Ethereum ETFs See $1B in Outflows
The developments highlight growing caution across cryptocurrency markets, although available data do not establish that the Binanc...
Binance Reopens Withdrawals as Hack Recovery Enters Second Week
Bitcoin Magazine Binance Reopens Withdrawals as Hack Recovery Enters Second Week Binance restarted customer withdrawals on Sunday,...
EU entity may have lost over $106M in theft across centralized exchange accounts
The incident highlights vulnerabilities in centralized exchanges and the challenges of tracing funds through privacy-focused crypt...