Bittrex Goes Bankrupt: Crypto Exchange Crumbles Post-SEC Complaint – Folded in Just Weeks!

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Bittrex, a leading cryptocurrency exchange, has announced that it has filed for Chapter 11 bankruptcy in federal court in Delaware. This development follows less than a month after the US Securities and Exchange Commission (SEC) charged the company with operating as a securities exchange, broker, and clearing agency without registering with the agency. Bittrex has […]

“Discover Why Crypto Exchange Zipmex Seeks 2-Month Extension for Moratorium!”

crypto

Crypto Exchange Zipmex Seeks Two-Month Moratorium Extension amid Financial Hurdle Renowned digital asset platform, Zipmex, recently filed for a two-month extension of its debtor-in-possession (DIP) moratorium. The moratorium allows the management team some relief in charting the future of the cryptocurrency exchange. This comes as a necessary move after the company began facing liquidity issues […]

“OPNX Exchange’s Rocky Start: Lessons & Potential for Comeback Amid Market Competition”

crypto

On August 1, 2021, the cryptocurrency exchange OPNX ceased its Twitter activities following a disappointing first day of trading with low volumes. The new platform’s launch failed to impress, with its social media subsequently becoming dormant. OPNX’s First Day Performance: Underwhelming Volumes The cryptocurrency trading platform OPNX started its operation officially on August 1. However, […]