Cookie Consent by Free Privacy Policy Generator ๐Ÿ“Œ CoinFLEX Pauses Withdrawals Amid 'Extreme Market Conditions' and Counterparty Uncertainty

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๐Ÿ“š CoinFLEX Pauses Withdrawals Amid 'Extreme Market Conditions' and Counterparty Uncertainty


๐Ÿ’ก Newskategorie: IT Security Nachrichten
๐Ÿ”— Quelle: slashdot.org

Physical futures crypto exchange CoinFLEX is pausing withdrawals citing "extreme market conditions" along with uncertainty around a certain counterparty, its CEO Mark Lamb said in a blog post Thursday. CoinDesk reports: Lamb said the counterparty is not Three Arrows Capital or "any lending firm." CoinFLEX expects to resume withdrawals "in a better position as soon as possible." Additionally, FLEX Coin trading is being halted for perpetual swaps and spot trading in the short term.

Read more of this story at Slashdot.

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