Bittrex, one of the leading cryptocurrency exchanges, announced that they will be removing Bitcoin Gold [BTG], Bitshares [BTS], and Bitcoin Private [BTCP] from their exchange wallet. In an official blog post, they stated that wallet removal was a routine part of their ongoing platform management which would ensure better performance and operational efficiency.
Users who have balance in the above-mentioned cryptocurrency tokens were asked to withdraw their assets before the 5th of November after which the assets would be unrecoverable. Furthermore, withdrawals will not be allowed for users whose balance is lesser than the minimum withdrawal limit.
Mojimax, a cryptocurrency investor from Iran stated:
“I doubt I’d be able to withdraw, me and at least a thousand other Iranians got blocked by bittrex and our coins got frozen no one has been able to withdraw their coins and now they are removing wallets, I think we have to say goodbye to our money”
Recently, Bitcoin Gold was targeted by an unknown party with a large amount of hash power. The 51% attack resulted in the hackers stealing $18 million worth of Bitcoin Gold from exchanges, which was stolen because of a double spending.
Suceeding this, Bittrex exchange requested BTG team to payback 12,372 in BTG because of the hack. However, the team refused to pay the exchange, which eventually led to the coin being delisted from the exchange platform.
In 2017, the Bittrex exchange platform had delisted Bitshares [BTS] after they realized that the operating costs were expensive. In addition, the exchange platform cosidered the operations of the BitShares node was a “very complicated task”.
According to Bittrex’s earlier statements Auroracoin [AUR], Bytecent [BYC], Credibit [CRB], OMNI and Spreadcoin [SPR] will be delisted from the exchange platform on 19th October 2018.
Recently, the Bittrex trading platform announced support for Bitcoin Cash [BCH], Tron [TRX], and Litecoin [LTC] in their USD market. Furthermore, the exchange platform has also listed Cardano [ADA] and Zcash [ZEC] along with USD pairs.
Subscribe to AMBCrypto’s Newsletter
Ethereum [ETH] Constantinople hard fork could take place in the next 2 to 6 weeks
Tron [TRX] Technical Analysis: Coin falls into the bear trap
Bitcoin [BTC] mining pool dominance dwindles and shifts to unknown miners
Cryptopia hack: Case involving Ethereum-based tokens takes a new turn in the market
Grin [GRIN]’s great fall: The new privacy-oriented coin plummets by 97% within a day
Bitcoin [BTC]: A piggybacking Proof-of-Proof blockchain has almost 20% of Bitcoin’s daily transactions
Ripple’s xRapid customer SendFriend will go live by Q1 in 2019, says CEO David Lighton
Venezuelan government decrees crypto operators to pay taxes in cryptocurrency
Bitcoin SV [BSV] emerges as top gainer with 11% growth; Tron [TRX] continues massive fall
XRP reaches Australia as FlashFX adopts Ripple’s cryptocurrency
Stolen Ethereum-based tokens transferred to Binance and other top exchanges
Cryptocurrency trading platforms will be inspected by Bulgarian National Revenue Agency
- Press Release
LIQNET – liquidity focused cryptocurrency exchange
Bitcoin [BTC] block halving is 66% complete; next block halving in 495 days