Blockchains | Cryptocurrencies | Web3 Resource logo Blockchains | Cryptocurrencies | Web3 Resource logo
The Daily Hodl 2020-02-17 19:45:41

$95 Million in Bitcoin (BTC) Reportedly Hitting Cryptocurrency Exchanges After ‘Disaster’ FCoin Shuts Down

Bitcoin exchange FCoin is insolvent. The controversial Chinese crypto exchange, which employed a unique “trans-fee mining model”, is shutting down, stiffing traders and investors by as much as $125.4 million in Bitcoin. According to a tell-all blog post published by FCoin’s founder, “The biggest problem that FCoin currently faces is not the problem that the […]The post $95 Million in Bitcoin (BTC) Reportedly Hitting Cryptocurrency Exchanges After ‘Disaster’ FCoin Shuts Down appeared first on The Daily Hodl.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer